The Peter C Kern Family Foundation
Only null% goes to programs Strong reserves Declining revenue
The Peter C Kern Family Foundation is a 501(c)(3) organization based in Pilot Point, Texas, registered in 2017, with $56,681 in FY2024 revenue. CharityIndex grades it C+.
10279 Fm 455 East, Pilot Point, TX, 76258 EIN 81-2468541 Since 2017
Revenue (FY2024)
$57K
▼ 60.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$60K
Net assets
$852K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 The Peter C Kern Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating172 mo reserves · -5% 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 The Peter C Kern Family Foundation: 172 mo reserves · -5% margin earns a B+ 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 The Peter C Kern Family Foundation— 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 The Peter C Kern Family Foundation: 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.
Contact & location
- Address
- 10279 Fm 455 East, Pilot Point, TX, 76258
- City
- Pilot Point
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $446 (FY2017) to $57K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $15KNet assets $852K
Operating margin
-5.0%
Spent more than it raised in the latest fiscal year.
Total assets
$867K
Total liabilities
$15K
Net assets
$852K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $56,681▼60.5% | $59,516▲9.2% | $852,388▲2.3% | $866,921▲2.5% | 990PF |
| 2023 | $143,603▲399% | $54,490▼10.6% | $833,347▲12.8% | $845,819▲13.1% | 990PF |
| 2022 | $28,769▼60.3% | $60,962▼1.8% | $738,664▼21.6% | $747,994▼21.9% | 990PF |
| 2021 | $72,445▼5.1% | $62,054 | $941,673▲6.9% | $957,498▲5.9% | 990PF |
| 2020 | $76,332▼53.4% | $62,070▲9.1% | $881,056 | $903,831▲1.3% | 990PF |
| 2019 | $163,726▲463% | $56,904▼6.0% | $881,199▲13.9% | $892,575▲11.7% | 990PF |
| 2018 | -$45,115▼10215% | $60,506▲228% | $773,705▼12.0% | $799,372▼11.7% | 990PF |
| 2017 | $446 | $18,419 | $878,921 | $905,679 | 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.
Similar organizations in Philanthropy
Compare The Peter C Kern Family Foundation
Frequently asked questions
- Is The Peter C Kern Family Foundation a legitimate nonprofit?
- Yes. The Peter C Kern Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-2468541, based in Pilot Point, Texas. Donations are tax-deductible.
- What is The Peter C Kern Family Foundation's EIN?
- The Peter C Kern Family Foundation's Employer Identification Number (EIN) is 81-2468541.
- How much revenue does The Peter C Kern Family Foundation report?
- The Peter C Kern Family Foundation reported $56,681 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Peter C Kern Family Foundation have?
- CharityIndex grades The Peter C Kern Family Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Pilot Point
Explore more
Data for The Peter C Kern Family Foundation (EIN 81-2468541) 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.