Kauffman Fasttrac Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
DEVELOP AND DELIVER INNOVATIVE AND PROVEN EDUCATIONAL PROGRAMS THAT (1) HELP ENTREPRENEURS LEARN ABOUT LAUNCHING NEW VENTURES OR GROWING EXISTING ONES, AND (2) TRAIN SELF-SUFFICIENT AND THOUGHTFUL BUSINESS LEADERS.
- Income
- $52,110
- Spending
- $232,193
- Spent on programs
- 98%
- Reserves
- 0.3 months of spending
- Largest source of income
- donations and private grants, 91%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $607,826, board member/secretary
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: 39 out of 100. Higher than 8% of charities in its peer group (education, under $250k).
Reserves
4 of 35Spendable reserves would cover 0.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 346% of income.
Income trend
0 of 15Income fell 39% on the year before.
Spending floor
15 of 1598% 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
Good: 71 out of 100. Higher than 65% of charities in its peer group (education, under $250k).
Independent board
5 of 250 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports 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 (1)
- $227,605 spent. KAUFFMAN FASTTRAC, INC. (THE ORGANIZATION) OFFERS PROGRAMS THAT SERVE EXISTING AND ASPIRING ENTREPRENEURS IN NON-ACADEMIC ENVIRONMENTS. IN ADDITION, COLLEGE STUDENTS IN THEIR ACADEMIC ENVIRONMENT MAY BE ABLE TO EARN CREDIT FOR COMPLETING COURSES USING FASTTRAC MATERIALS. FASTTRAC PROGRAMS HAVE SERVED ASPIRING ENTREPRENEURS SINCE 1993. FASTTRAC COURSES ARE OFFERED THROUGHOUT THE UNITED STATES, AND THE CURRICULUM IS AVAILABLE ONLINE FROM KAUFFMAN FASTTRAC FOR REGISTERED PARTICIPANTS, AND AS OF JULY 31, 2017, COST-FREE. FOR THOSE WHO WANT THE HELP OF AN EXPERIENCED FACILITATOR, AFFILIATE-LED COURSES ARE AVAILABLE AND OFFERED IN THE STYLE THAT SUITS THE ENTREPRENEUR'S NEEDS: ONLINE, IN A CLASSROOM WITH PEERS, OR IN A BLENDED SETTING. THESE AFFILIATES INCLUDE NON-PROFIT AND FOR-PROFIT ENTITIES ALIKE - INCLUDING CHAMBERS OF COMMERCE, BUSINESS DEVELOPMENT CENTERS, LOCAL AND REGIONAL ECONOMIC DEVELOPMENT COUNCILS, COLLEGES, UNIVERSITIES, CONSULTING FIRMS, AND MANY OTHERS. THOSE WHO CHOOSE TO LEARN VIA AFFILIAT-LED COURSES MAY OR MAY NOT INCUR A COST. BY HELPING ENTREPRENEURS SUCCEED, FASTTRAC CURRICULUM AND PROGRAMS CONTRIBUTE TO BUILDING AND SUSTAINING STRONG, VIBRANT COMMUNITIES AND ECONOMIES.
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
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.
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.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1997.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.