K.W.O.E. Foundation
Legal name: Kwoe Foundation
Nonprofit profile at a glance
- EIN
- 471988487
- IRS 990-EZ coverage
- 2023–2025
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Chicago, IL, US
- Phone
- 312.341.0800
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $141,384
- Expenses
- $201,526
- Assets
- $138,142
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- Kareem Wells (Founder)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the K.W.O.E. Foundation is to initiate change in underserved communities by leading the path for today’s youth by promoting ownership of their actions, reject violence, and make wise life decisions.
What it reported doing in 2025
The organization hosted fundraising events through its Parties with Purpose initiative to generate financial support for its charitable programs These events increased community engagement and provided critical funding used to support the organizations mission-driven activities
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 83% 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 program spending has grown recently. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 100
- Sustainability: 31
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.9%; rating input score 63
- Program expense ratio: 43.3%; rating input score 43
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -42.5%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.69; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 119.1% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 10.3% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: -5.6% per year; rating input score 0; 15th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 62.9% of revenue deployed · 43.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $87K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Financial Efficiency: Program expense ratio scored 43/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.