Kindle Project EIN 92-3175690

Kindle Project

EIN  92-3175690 Public foundation / grantmaker Santa Fe, NM
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Connects donors to social, cultural, and environmental projects by moving money creatively and educating partners.
Leadership
Sadaf Cameron · Executive Di · $129K
Money in and out
$5.7M revenue, $574K expenses
Bottom line
73% program efficiency

Connects donors to social, cultural, and environmental projects by moving money creatively and educating partners. For fiscal year 2024 it reported $5.7M in revenue, $574K in expenses, and $5.2M in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$5.7M
Pt VIII · Ln 12
Total expenses
$574K
Pt IX · Ln 25
Net assets
$5.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5.2M
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.18 Fundraising $0.09
Program efficiency
73%
of spending reaches programs
Operating runway
107.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+90%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$5.7M
Pt VIII · Ln 12
Total expenses
$574K
Pt IX · Ln 25
Net assets
$5.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$5.2M
Total assetsPt X · Ln 16$5.2M
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $418K of program spending, described in the organization's own filed words · FY2024.
01

Kindle project (KP) facilitates philanthropic capital to fund social, cultural, and environmental causes through grantmaking, facilitation and education, and advising. Community-informed grantmaking KP supports equitable redistribution of resources through community- informed grantmaking practices.

$341Kprogram expense
02

Advisory services in 2024, KP provided strategic advising to philanthropic professionals and institutions - including foundation staff and boards, intermediaries, wealth advisors, panels, donors, and philanthropic facilitators - on topics pertaining to community philanthropy, community decision-making, and inclusive governance.

$65Kprogram expense
03

Education & facilitation in 2024, KP hosted and facilitated 25+ learning gatherings (webinars, virtual and in person sessions, and retreats) to strengthen understanding of participatory philanthropy among nonprofit community members and the greater public.

$12Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKindle Project
EINHdr · item D92-3175690
Principal addressHdr · item CSanta Fe, NM
WebsiteHdr · item Jkindleproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNM
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFJan 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$129,320Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Sadaf Cameron’s $129K as Executive Di is at the 53rd percentile of top reported officer pay among 1688 $1–10M philanthropy & grantmaking 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.

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Statement of Revenue

Part VIII
Contributions & grants$5.6M · 98%
Program service revenue$76K · 1%
Investment income$56K · 1%
Contributions & grants98%$5.6M
Program service revenue1%$76K
Investment income1%$56K
Other revenue$150
Total revenueLn 12$5.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.18 Fundraising $0.09
Program services73%$418K
Management & general18%$106K
Fundraising9%$50K
Total functional expensesLn 25$574K

Balance Sheet

Part X · end of year
CashLn 1$563K
Total assetsLn 16$5.2M
Total liabilitiesLn 26$12K
Total net assetsLn 32$5.2M
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 $5.1M · Operating expenses/yr $574K
107.6 months
Where the money goes
Program services
Program services $418K · Total expenses $574K
73%
Management & General
Management & general $106K · Total expenses $574K
18%
Fundraising
Fundraising $50K · Total expenses $574K
9%
Cost to raise $1
Fundraising expense $50K · Solicited contributions $5.6M
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $5.6M · Total revenue $5.7M
98%
Government reliance
Government grants — · Total revenue $5.7M
Earned-income share
Program service revenue $76K · Total revenue $5.7M
1%
Investment reliance
Investment income $56K · Total revenue $5.7M
+1%
Program self-sufficiency
Program service revenue $76K · Total expenses $574K
13%
Growth & trend
Revenue growth (YoY)
This year $5.7M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $5.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $5.7M · Expenses $574K
+90%
Liabilities-to-Assets
Total liabilities — · Total assets $5.2M
Net-asset ratio
Net assets $5.2M · Total assets $5.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $4.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.2M
88%
People & payroll
Highest Reported Total Compensation
Individual Sadaf Cameron · Reported title EXECUTIVE DI · Highest reported compensation $129K · Total expenses $574K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $289K · Total expenses $574K
50%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 18%
Fundraising cost ratio 1%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting 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 · funders on record
Grants received · FY2024
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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)$5.7M revenue · viewing · ⤓ 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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