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Passes our checks

Kenosha Area Business Alliance Foundation Inc

EIN 39-1842760 · Kenosha, WI

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak35 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

KENOSHA AREA BUSINESS ALLIANCE FOUNDATION, INC. DEVELOPS EDUCATION INITIATIVES WITH LOCAL KENOSHA SCHOOLS TO INCREASE GRADUATION RATES, IMPROVE THE OVERALL QUALITY OF EDUCATION, AND FOSTER THE BEST EDUCATIONAL SYSTEM IN THE STATE.

Income
$1.1 million
Spending
$600,104
Spent on programs
82%
Reserves
-292.4 months of spending
Largest source of income
donations and private grants, 60%
Employees
8
Volunteers
5
Highest pay
$325,418, president

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 35 out of 100. Higher than 7% of charities in its peer group (community improvement, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    5 of 20

    It owes 54% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 45% of income.

  • Income trend

    0 of 15

    Income fell 85% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 95 out of 100. Higher than 62% of charities in its peer group (community improvement, $1m to $10m).

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $375,851 spent. THROUGH THE KENOSHA AREA BUSINESS ALLIANCE FOUNDATION, KENOSHA AREA BUSINESS ALLIANCE PLAYS AN ACTIVE ROLE IN THE KENOSHA AREA'S EDUCATION SYSTEM INCLUDING AN ELEMENTARY SCHOOL MENTORING PROGRAM, ANNUAL SCHOLARSHIP AWARDS, AND SUPPORT FOR VARIOUS TECHNOLOGY-RELATED INITIATIVES.
  2. $15,000 spent. KENOSHA AREA BUSINESS ALLIANCE FOUNDATION MANAGES A SCHOOL-BASED MENTORING PROGRAM THAT EMPOWERS BOTH YOUNG PEOPLE AND THE ADULTS WORKING WITH THEM. VOLUNTEER MENTORS FROM THE KENOSHA AREA BUSINESS COMMUNITY COMMIT 30-45 MINUTES OF THEIR TIME EACH WEEK FOR A THIRD THROUGH FIFTH GRADE OR MIDDLE SCHOOL STUDENT TO WORK ON ACADEMIC AND SOCIAL SKILLS. THE PROGRAM IS DESIGNED TO PROVIDE AT-RISK STUDENTS WITH POSITIVE ADULT ROLE MODELS THAT SPEND TIME WITH THE STUDENT ON A REGULAR BASIS.
  3. $99,388 spent. THE INSPIRE PROGRAM IS A SERIES OF ACTIVITIES, EVENTS AND RESOURCES DESIGNED TO EMPOWER EXISTING AND EMERGING LEADERS TO CREATE CHANGE IN OUR COMMUNITY AS PART OF THIS PLATFORM, KENOSHA AREA BUSINESS ALLIANCE FOUNDATION HOSTS A ONE-DAY LEADERSHIP EXPERIENCE TO CHALLENGE AND INSPIRE ATTENDEES TO WALK AWAY WITH IDEAS ON HOW THEY CAN BE A BETTER LEADER IN THEIR CAREERS, COMMUNITIES AND PERSONAL LIVES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 1996.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

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