Is Elysabeth Kleinhans Theatrical Foundation Inc Legit?
Quick charity verification for Elysabeth Kleinhans Theatrical Foundation Inc (EIN: 134149853)
Verdict: Elysabeth Kleinhans Theatrical Foundation Inc appears trustworthy
85/100Mission Score
$21.2MRevenue
$55.8MAssets
1Red Flags
4Strengths
Red Flags
Consistent operational deficits where expenses frequently exceed revenue (e.g., $3.7M expenses vs. $2.6M revenue in 2023).
Strengths
Substantial and growing asset base, reaching $44,938,181 in 2023, providing long-term financial security.
Consistently low liabilities relative to assets, indicating strong financial management.
Reported 0% officer compensation across all filings, suggesting highly efficient or volunteer-led executive management.
Long history of IRS 990 filings (10 filings), demonstrating consistent reporting and transparency.
Spending Breakdown
How Elysabeth Kleinhans Theatrical Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Elysabeth Kleinhans Theatrical Foundation Inc
Is Elysabeth Kleinhans Theatrical Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elysabeth Kleinhans Theatrical Foundation Inc (EIN: 134149853) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Elysabeth Kleinhans Theatrical Foundation Inc a good charity to donate to?
Elysabeth Kleinhans Theatrical Foundation Inc has a Mission Score of 85/100. Revenue: $21.2M. Assets: $55.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Elysabeth Kleinhans Theatrical Foundation Inc?
The Employer Identification Number (EIN) for Elysabeth Kleinhans Theatrical Foundation Inc is 134149853. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Elysabeth Kleinhans Theatrical Foundation Inc spend its money?
Elysabeth Kleinhans Theatrical Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Elysabeth Kleinhans Theatrical Foundation Inc's tax-exempt status?
You can verify Elysabeth Kleinhans Theatrical Foundation Inc's tax-exempt status using EIN 134149853 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Elysabeth Kleinhans Theatrical Foundation Inc. demonstrates a consistent financial pattern over the past decade, characterized by revenues generally ranging from $1.8 million to $3.8 million and expenses often exceeding revenues, leading to net asset decreases in several years. For instance, in 2023, expenses of $3,732,379 significantly outpaced revenues of $2,646,016. Despite these operational deficits, the organization maintains substantial assets, reported at $44,938,181 in 2023, indicating a strong underlying financial base. The foundation's liabilities remain relatively low, suggesting good financial management in terms of debt.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment is challenging. However, the consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of transparency and potentially efficient use of funds, as it suggests that leadership is either unpaid or compensated through other means not classified as officer compensation, which is unusual for an organization of this size. This practice, if it means volunteer leadership, could contribute to lower administrative overhead.
Overall, the foundation appears financially stable due to its substantial asset base, despite recurring operational deficits. Its transparency regarding officer compensation is commendable. A more detailed breakdown of expenses would further clarify its spending efficiency and program focus, but the current data suggests a well-managed organization with a strong asset foundation.