THE K FOUNDATIONClosed
Closed
Income Statement
Fiscal Year Start:
Jan 1
Closed
This organization closed in 2018. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Revenues in 2018
$5,244,975
Contributions
97%
Program Services
3%
Other
<1%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2018
$5,288,025
Grants
90%
Other
6%
Offices, Occupancy & IT
4%
Benefits to Members
0%
Salaries & Benefits
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2017
2018
Change
Contributions
$14,037,831
$5,065,867
-64%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$287,796
$174,918
-39%
Membership Dues
$0
$0
-
Investments
$0
$900
-
Other
$0
$3,290
-
Total Revenues
$14,325,627
$5,244,975
-63%
Expenses
2017
2018
Change
Grants
$13,394,981
$4,750,811
-65%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$37,176
$0
-100%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$592,355
$212,304
-64%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$249,785
$324,910
+30%
Total Expenses
$14,274,297
$5,288,025
-63%
Net income
2017
2018
Change
Net income
+$51,330
-$43,050
-184%
Functional Expenses
Summary
2017
2018
Change
Program
$14,236,735
$5,288,025
-63%
Admin
$37,562
$0
-100%
Fundraising
$0
$0
-
Total Expenses
$14,274,297
$5,288,025
-63%
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