Kgnb-knbt Foundation Inc is a 501(c)(3) organization based in New Braunfels, Texas, registered in 2003, with $8,727 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$8,727
▼ 94.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$59K
Net assets
$3,943
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 Kgnb-knbt 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 Kgnb-knbt Foundation Inc: 1 mo reserves · -571% margin earns a F 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 Kgnb-knbt 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 Kgnb-knbt Foundation Inc: 1 of 5 disclosure signals earns a D 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 $68K (FY2014) to $8,727 (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-570.9%
Spent more than it raised in the latest fiscal year.
Total assets
$3,943
Net assets
$3,943
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,727▼94.0% | $58,546▼37.3% | $3,943▼92.7% | $3,943▼92.7% | 990EZ |
| 2023 | $144,870▲65.1% | $93,418▲9.2% | $53,761▲2228% | $53,761▲2228% | 990EZ |
| 2022 | $87,762 | $85,526 | $2,309▲756% | $2,309▲3063% | 990EZ |
| 2021 | — | — | -$352 | $73 | 990EZ |
| 2020 | — | $425▼99.5% | -$352▼582% | $73 | 990EZ |
| 2019 | $83,439▲62.9% | $83,491▲62.3% | $73▼41.6% | $73▼41.6% | 990EZ |
| 2018 | $51,208▼21.4% | $51,458▼21.5% | $125▼66.6% | $125▼66.6% | 990EZ |
| 2017 | $65,117▲0.6% | $65,543▲1.6% | $374▼53.3% | $374▼53.3% | 990EZ |
| 2016 | $64,729▲28.9% | $64,494▲28.1% | $800▲41.6% | $800▲41.6% | 990EZ |
| 2015 | $50,225▼26.0% | $50,365▼25.3% | $565▼19.9% | $565▼19.9% | 990EZ |
| 2014 | $67,839 | $67,447 | $705 | $705 | 990EZ |
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 Kgnb-knbt Foundation Inc (EIN 42-1586900) 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.