David and Terri@kester Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
David and Terri@kester Foundation Inc is a 501(c)(3) organization based in Asheville, North Carolina, registered in 2017, with $198,860 in FY2023 revenue. CharityIndex grades it F.
54 Cedar Hill Dr, Asheville, NC, 28803 EIN 81-3808376 Since 2017
Revenue (FY2023)
$199K
▼ 5.0% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$349K
Net assets
$4.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for David and Terri@kester Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating152 mo reserves · -76% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For David and Terri@kester Foundation Inc: 152 mo reserves · -76% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for David and Terri@kester Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For David and Terri@kester Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 54 Cedar Hill Dr, Asheville, NC, 28803
- City
- Asheville
- State
- North Carolina
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $172K (FY2017) to $199K (FY2023) across 7 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $4.4M
Operating margin
-75.6%
Spent more than it raised in the latest fiscal year.
Total assets
$4.4M
Total liabilities
$0
Net assets
$4.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $198,860▼5.0% | $349,158▲18.4% | $4,427,355▼3.3% | $4,427,355▼3.3% | 990PF |
| 2022 | $209,394▼30.5% | $294,910▼10.5% | $4,579,571▼2.0% | $4,579,571▼2.0% | 990PF |
| 2021 | $301,194▲24.5% | $329,457▼2.0% | $4,675,054▼0.6% | $4,675,054▼0.6% | 990PF |
| 2020 | $242,019▲50.3% | $336,330▲9.3% | $4,703,870▼2.0% | $4,703,870▼2.0% | 990PF |
| 2019 | $160,998▼69.4% | $307,846▲19.3% | $4,800,641▼3.0% | $4,800,789▼3.0% | 990PF |
| 2018 | $526,542▲205% | $257,949▼31.7% | $4,947,403▲5.7% | $4,947,403▲5.7% | 990PF |
| 2017 | $172,365 | $377,903 | $4,678,647 | $4,678,647 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is David and Terri@kester Foundation Inc a legitimate nonprofit?
- Yes. David and Terri@kester Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-3808376, based in Asheville, North Carolina. Donations are tax-deductible.
- What is David and Terri@kester Foundation Inc's EIN?
- David and Terri@kester Foundation Inc's Employer Identification Number (EIN) is 81-3808376.
- How much revenue does David and Terri@kester Foundation Inc report?
- David and Terri@kester Foundation Inc reported $198,860 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does David and Terri@kester Foundation Inc have?
- CharityIndex grades David and Terri@kester Foundation Inc F, based on financial health (reserves and operating margin).
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Data for David and Terri@kester Foundation Inc (EIN 81-3808376) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.