Philanthropy & Grantmaking
(T12)
990 on File
K18N FOUNDATION
Financial strength (30%)
59/100
Reliability (20%)
40/100
Effectiveness (25%)
65/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$-123,774
Total Revenue
$42.4M
Total Expenses
$2332.6M
Net Assets
0
Employees
Expense Breakdown
Program Expense Ratio
98.2%
Fundraising Efficiency
N/A
Operating Reserve
660.01x
Liability-to-Asset
0.0%
Revenue Diversification
N/A
Compared with Peers
FY 2024
Compared with 923 similar organizations
(United States, Philanthropy & Grantmaking, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
98.2% | 91.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
1.8% | 6.2% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 2.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
660.0 mo | 69.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 2.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-101.3% | 17.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
106.2% | 10.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
34364.9% | 6.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $-123,774 | $42.4M | $2332.6M | 98.2% | 0 |
| 2023 | $9.5M | $20.6M | $1828.7M | 96.1% | 0 |
| 2022 | $1573.5M | $1.2M | $1491.4M | 47.6% | 0 |
| 2021 | $0 | $10K | N/A | — | 1 |
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