Kirchgessner Vision Foundation

Nonprofit profile at a glance

EIN
680530356
IRS 990-PF coverage
2018–2024
Forms available
Form 990-PF 2024
Location
Sherman Oaks, CA, USA
Phone
8189816710
Rating
88
Verdict
STRONG
Rating confidence
Standard
Sector
Corporate Foundations

Reported finances

Revenue
$857,539
Expenses
$992,979

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Corporate Foundations

What it reported funding in 2024

The foundation reported 24 grants totaling $598,300. The stated grant purposes included general program support, to support some of artsup! la's production costs and provide rehearsal and performance stipends for the performers in theatre by the blind, film by the blind, and rex & friends. these stipends compensate the participants for their time and provide them with much-needed additional income that assists with independence and self-sufficiency., and to expand its low vision clinic and community-wide vision screenings., plus 14 other reported purposes.

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 68% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. The filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 92
  • Cost Efficiency: 60
  • Transparency: 100
  • Compliance: 98
  • Endowment Health: 86

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 91.8%; rating input score 92; 35th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 60.3%; rating input score 60; 17th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 33.21; rating input score 86; 86th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 91.8% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 86th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 31 filed money-flow records
  • 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 — Compliance: Part VII-B activity disclosures: Compensation paid to a disqualified person not reported.