Kgsa Foundation EIN 80-0390275

Kgsa Foundation

EIN  80-0390275 Public charity (501(c)(3)) Saint Paul, MN
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Size
$100K–1M
What they do
Funds and supports free secondary education for girls in Kenya's Kibera slums.
Leadership
Katy Troyer · Executive Director · $76K
Money in and out
$683K revenue, $549K expenses
Bottom line
87% program efficiency

Funds and supports free secondary education for girls in Kenya's Kibera slums. For fiscal year 2024 it reported $683K in revenue, $549K in expenses, and $539K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$683K
Pt VIII · Ln 12
Total expenses
$549K
Pt IX · Ln 25
Net assets
$539K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $134K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.04 Fundraising $0.10
Program efficiency
87%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
11.8mo
months of highly liquid reserves at operating expense rate▼ -4% vs prior filing year
Surplus margin
+20%
revenue over expenses, this year▲ +89% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$683K
FY2024▲ +55%
Expenses
$549K
FY2024▲ +39%
Total assets
$542K
FY2024▲ +33%
Total liabilities
$3K
FY2024▲ +100%
Total revenue
$683K
Pt VIII · Ln 12
Total expenses
$549K
Pt IX · Ln 25
Net assets
$539K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$134K
Total assetsPt X · Ln 16$542K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $475K of program spending, described in the organization's own filed words · FY2024.
01

Funds supported the Kibera Girls Soccer Academy in Nairobi, Kenya to provide a holistic, high school education to 153 girls this year and room and board to 90 of those girls., in addition to providing higher education scholarships to 20 KGSA alumnae.

$475Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKgsa Foundation
EINHdr · item D80-0390275
Principal addressHdr · item CSaint Paul, MN
WebsiteHdr · item Jwww.kgsafoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFApr 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$76,270Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Katy Troyer’s $76K as Executive Director is at the 69th percentile of top reported officer pay among 1637 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Katy Troyer$76,270$68,455

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$626K · 92%
Program service revenue$56K · 8%
Contributions & grants92%$626K
Program service revenue8%$56K
Investment income$28
Other revenue$1K
Total revenueLn 12$683K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.04 Fundraising $0.10
Program services87%$475K
Management & general4%$19K
Fundraising10%$54K
Total functional expensesLn 25$549K

Balance Sheet

Part X · end of year
CashLn 1$542K
Total assetsLn 16$542K
Total liabilitiesLn 26$3K
Total net assetsLn 32$539K
Months of cash on handcomputed11.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $542K · Operating expenses/yr $549K
11.8 months
Where the money goes
Program services
Program services $475K · Total expenses $549K
87%
Management & General
Management & general $19K · Total expenses $549K
4%
Fundraising
Fundraising $54K · Total expenses $549K
10%
Cost to raise $1
Fundraising expense (2-yr avg) $49K · Solicited contributions (2-yr avg) $533K
$0.09 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $626K · Total revenue $683K
92%
Government reliance
Government grants — · Total revenue $683K
Earned-income share
Program service revenue $56K · Total revenue $683K
8%
Investment reliance
Investment income $28 · Total revenue $683K
0%
Program self-sufficiency
Program service revenue $56K · Total expenses $549K
10%
Growth & trend
Revenue growth (YoY)
This year $683K · Prior year $441K
+55%
Revenue CAGR
FY2020 $388K · FY2024 $683K
+15%
Net-asset trend (YoY)
End of year $539K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $683K · Expenses $549K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $542K
Net-asset ratio
Net assets $539K · Total assets $542K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $542K
0%
People & payroll
Highest Reported Total Compensation
Individual Katy Troyer · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $76K · Total expenses $549K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $97K · Total expenses $549K
18%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 4%
Fundraising cost ratio 9%
Revenue growth 55%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 1 grant · $10K · 2020–2020
Arthur B Schultz FoundationWY · FY2020$9,741

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$683K revenue · viewing · ⤓ 990 PDF
FY2023$441K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$392K revenue · ⤓ 990 PDF
FY2020$388K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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