K Kovshevych Foundation Inc is a 501(c)(3) organization based in Mountainside, New Jersey, registered in 2000, with $119,159 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$119K
▲ 78.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$43K
Net assets
$1.2M
Employees
—
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 K Kovshevych 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 →
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 K Kovshevych Foundation Inc: 330 mo reserves · +64% margin earns a B+ on this criterion. See the exact thresholds →
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 K Kovshevych 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 →
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 K Kovshevych Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $38K (FY2015) to $119K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
64.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$0
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $119,159▲78.7% | $42,594▲86.3% | $1,171,504▲7.0% | $1,171,504▲7.0% | 990PF |
| 2023 | $66,675▲194% | $22,869▼33.9% | $1,094,939▲5.3% | $1,094,939▲5.3% | 990PF |
| 2022 | -$70,916▼215% | $34,601▲34501% | $1,040,027▼9.2% | $1,040,027▼9.2% | 990PF |
| 2021 | -$22,509▼116% | $100▼99.9% | $1,145,444▼1.9% | $1,145,444▼1.9% | 990PF |
| 2020 | $144,348▼38.0% | $95,622▲169% | $1,168,053▲4.4% | $1,168,053▲4.4% | 990PF |
| 2019 | $232,882▲509% | $35,574▼5.9% | $1,119,327▲20.3% | $1,119,327▲20.3% | 990PF |
| 2017 | $38,213▲30.9% | $37,798▼33.3% | $930,135 | $930,135 | 990PF |
| 2016 | $29,183▼23.8% | $56,688▼11.6% | $929,720▼2.9% | $929,720▼2.9% | 990PF |
| 2015 | $38,319 | $64,136 | $957,225 | $957,225 | 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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Data for K Kovshevych Foundation Inc (EIN 22-3695851) 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.