KATE'S KART INC

EIN: 262615368 501(c)(3) Human Services

FORT WAYNE, IN

Total Revenue
$648,873
Total Expenses
$464,925
Total Assets
$853,907
Net Assets
$853,907
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
IN
Principal Officer
KRISTA LAYMAN
Phone
2609996173
Tax Period
2024-01-01 to 2024-12-31

KATE'S KART INC, founded in 2008, is a small nonprofit in the Human Services sector that reported $649K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $184K, a strong 28% operating margin.

Mission

THROUGH THE GIFTING OF NEW BOOKS, KATE'S KART STRIVES TO PROVIDE A COMFORTING DIVERSION TO HOSPITALIZED CHILDREN AND THEIR FAMILIES, AND TO FOSTER A LOVE OF BOOKS, AND ULTIMATELY LITERACY, BY ENCOURAGING CHILDREN TO READ AND PARENTS TO READ TO THEIR CHILDREN.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $535,092
Program Service Revenue $0
Investment Income $39,631
Other Revenue $74,150
TOTAL REVENUE $648,873

Expense Breakdown

Grants Paid $0
Salaries & Benefits $129,088
Fundraising Expenses $66,101
Program Expenses $340,772
Other Expenses $335,837
TOTAL EXPENSES $464,925

Year-over-Year Comparison

2024 2023 Change
Revenue $648,873 $545,570 +0.2%
Expenses $464,925 $440,542 +0.1%
Net Income $183,948 $105,028 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
265

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
13
$71,839
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTA LAYMAN EXECUTIVE DI 45.00
Director
$71,839 $0 $71,839
EDWARD DERDZINSKI BOARD MEMBER 1.00
Director
$0 $0 $0
TRENT DILLER BOARD PRESID 1.00
Officer Director
$0 $0 $0
STACY JESTER FORMER BOARD 1.00
Director
$0 $0 $0
ANDREW KUEHNERT FORMER BOARD 1.00
Director
$0 $0 $0
COURTNEY LEACH BOARD MEMBER 1.00
Director
$0 $0 $0
KATE MILLER BOARD SECRET 1.00
Officer Director
$0 $0 $0
HOLLIE MITCHELL BOARD TREASU 1.00
Officer Director
$0 $0 $0
RORY MOEHNKE BOARD VICE P 1.00
Officer Director
$0 $0 $0
MARCUS PRICE BOARD MEMBER 1.00
Director
$0 $0 $0
ARMANDO RANGEL BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTIN SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH SOMERS BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $648,873 $464,925 $853,907 $183,948
2023 $545,570 $440,542 $669,959 $105,028
2022 $463,536 $349,703 $564,931 $113,833
2021 $413,138 $294,353 $451,098 $118,785
2020 $324,342 $205,552 $332,342 $118,790
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