KGs Kids Inc
Nonprofit profile at a glance
- EIN
- 850909898
- IRS 990-EZ coverage
- 2023–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2022
- Location
- Austin, TX, USA
- Phone
- 4696671058
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Remedial Reading, Reading Encouragement
Reported finances
- Revenue
- $97,487
- Expenses
- $57,705
- Assets
- $61,298
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- David Granson (CEO)
People named in this filing
- David Granson (CEO)
- Heather Granson (COO)
- David Gudal (CFO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
KG's Kids works to emphasize education, starting with reading, to create opportunities for all students to be successful in school.
What it reported doing in 2023
Financial Literacy Workshops - Sponsors the Reality Store to provide an interactive experience for youth to learn how the choices they make regarding career, managing income, and investing will affect future outcomes.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 100
- Sustainability: 56
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 50.3%; rating input score 50
- Program expense ratio: 84.9%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 40.8%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 1.06; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 21.5%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 50.3% of revenue deployed · 84.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 6 filed program accomplishments · $49K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 50/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Sustainability: Officer compensation ratio scored 8/100.