Kenneth A Picerne Foundation is a 501(c)(3) organization based in Newport Beach, California, registered in 2006, with $0 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$0
Education median: $200K
Expenses (FY2023)
$1.6M
Net assets
$21.3M
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 Kenneth A Picerne Foundation— 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 Kenneth A Picerne Foundation: 164 mo reserves 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 Kenneth A Picerne Foundation— 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 Kenneth A Picerne Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $6.2M (FY2013) to $0 (FY2023) across 11 reported years.
Financial snapshot
Total assets
$29.0M
Total liabilities
$7.8M
Net assets
$21.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $0 | $1,550,663▲1.1% | $21,255,802▼6.8% | $29,033,656▼1.0% | 990PF |
| 2022 | $0 | $1,534,053▲33.0% | $22,806,465▼6.3% | $29,331,521▲0.9% | 990PF |
| 2021 | $0 | $1,153,205▲30.1% | $24,340,518▼4.5% | $29,063,673 | 990PF |
| 2020 | $0 | $886,718▲36.5% | $25,493,723▼3.4% | $29,050,063▲0.1% | 990PF |
| 2019 | $0▼100% | $649,758▼29.1% | $26,380,441▼2.4% | $29,028,208▼0.2% | 990PF |
| 2018 | $1,975,000 | $916,840▲17.9% | $27,030,199▲4.1% | $29,075,601▲0.1% | 990PF |
| 2017 | $0 | $777,315▼13.3% | $25,972,039▼2.9% | $29,034,978 | 990PF |
| 2016 | $0 | $896,809▲3.9% | $26,749,354▼3.2% | $29,035,067 | 990PF |
| 2015 | $0 | $863,438▲31.2% | $27,646,163▼3.0% | $29,029,027 | 990PF |
| 2014 | $0▼100% | $658,193▼2.2% | $28,509,601▼2.3% | $29,042,319▼0.5% | 990PF |
| 2013 | $6,168,562 | $673,310 | $29,167,794 | $29,184,044 | 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.
Explore more
Data for Kenneth A Picerne Foundation (EIN 43-2070561) 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.