Kyle Larson Foundation
Nonprofit profile at a glance
- EIN
- 862278658
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025
- Location
- Charlotte, NC, USA
- Phone
- 7043768415
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
Reported finances
- Revenue
- $161,648
- Expenses
- $135,803
- Assets
- $135,920
- Liabilities
- $455
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Kyle Larson (Chairman)
- Josh Peterman (Vice Chairman)
- Rick Russell (Treasurer)
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 Kyle Larson Foundation is dedicated to bringing people together and providing support to hands-on charitable organizations that benefit today's youth, families and communities in need.
What it reported doing in 2025
The Kyle Larson Foundation is dedicated to bringing people together and providing support to hands-on charitable organizations that benefit today's youth, families and communities in need
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
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 20
- Transparency & Controls: 100
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 18.7%; rating input score 19
- Program expense ratio: 22.3%; rating input score 22
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: 16%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 1; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6.8% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 22.1% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 26.8% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 18.7% of revenue deployed · 22.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $30K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2025
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 19/100.
- High — Financial Efficiency: Program expense ratio scored 22/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.