My Kota Bear Inc

Nonprofit profile at a glance

EIN
833691111
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Warren, NJ, USA
Phone
9732205799
Rating
39
Verdict
REVIEW
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$112,301
Expenses
$43,033
Assets
$82,734
Liabilities
$39,145

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

Leadership & pay

12 people listed

Executive titles in this filing

  • DR ESNEY SHARPE (PRESIDENT)
  • KAWANA CURRY (VICE PRESIDENT)

People named in this filing

  • SHIRLEY SMITH (FOUNDER)
  • DR ESNEY SHARPE (PRESIDENT)
  • KAWANA CURRY (VICE PRESIDENT)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The specific objectives and purpose of this organization shall include:(a.) raising funds to give back to nicu families in communities via donation of preemie and baby clothing, diapers, car seats, gift cards such as for gas, uber, etc. In addition to providing cameras for hospital nicu's so that families can see their babies when they cannot be there with them physically.(b.) to spread awareness and preventative measures of premature birth (c.) to provide and/or coordinate health education, through seminars, meetings, one on one conversations and social media of ways to care for your preemie after the family leaves the hospital.

What it reported doing in 2024

My kota bear's mission is to bring awareness and support to nicu families, otherwise known as the neonatal intensive care unit, within essex and warren counties in New Jersey communities and surrounding areas including New York areas.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. 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: 0
  • Transparency & Controls: 82
  • Sustainability: 71
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 61.7%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 1.92; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0.47; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 22.7%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 45.4% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 66.6% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.