Steven and Michele Kirsch Foundation
Nonprofit profile at a glance
- EIN
- 770502997
- IRS 990-EZ coverage
- 2010–2010
- Forms available
- Form 990-EZ 2010
- Location
- Mountain View, CA, USA
- Phone
- 6504505400
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Limited
- Sector
- Federated Giving Programs
Reported finances
- Revenue
- $8,471
- Expenses
- $704,931
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
3 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The kirsch foundation is organized to benefit activities of silicon valley community foundation and is operated for the benefit of the inhabitants of santa clara county and elsewhere. The purpose of this corporation is to support the charitable purposes in which the silicon valley community foundation is engaged and to thereby benefit the silicon valley community foundation. It is organized exclusively for charitable, educational and scientific purposes.
What it reported doing in 2010
In october of 2010, the supporting organization transferred all of the net assets consisting of investments in long-term pool to the donor advised fund in the silicon valley community foundation and terminated its existence.
Operating model
- Revenue model
- Investment-supported. 91% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 1
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -8,221.7%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $705K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 1/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.