Quick charity verification for John And Patricia Klingenstein Fund (EIN: 134062589)
Verdict: John And Patricia Klingenstein Fund appears trustworthy
90/100Mission Score
$8.3MRevenue
$116.2MAssets
1Red Flags
5Strengths
Red Flags
Significant revenue volatility (e.g., $78,254,052 in 2021 vs. $3,262,728 in 2023) could indicate reliance on large, infrequent contributions or investment gains, which might not be sustainable for operational expenses if not managed well.
Strengths
Strong program spending, as most expenses for a private foundation are direct grants.
Excellent financial health with over $116 million in assets as of 2023.
No reported officer compensation, suggesting a highly efficient or volunteer-led administrative structure.
Very low liabilities, consistently reported as $1 in recent years, indicating minimal financial risk.
Consistent grantmaking activity over more than a decade.
Spending Breakdown
How John And Patricia Klingenstein Fund allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 John And Patricia Klingenstein Fund
Is John And Patricia Klingenstein Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, John And Patricia Klingenstein Fund (EIN: 134062589) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is John And Patricia Klingenstein Fund a good charity to donate to?
John And Patricia Klingenstein Fund has a Mission Score of 90/100. Revenue: $8.3M. Assets: $116.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for John And Patricia Klingenstein Fund?
The Employer Identification Number (EIN) for John And Patricia Klingenstein Fund is 134062589. 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 John And Patricia Klingenstein Fund spend its money?
John And Patricia Klingenstein Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify John And Patricia Klingenstein Fund's tax-exempt status?
You can verify John And Patricia Klingenstein Fund's tax-exempt status using EIN 134062589 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 John And Patricia Klingenstein Fund demonstrates a consistent pattern of grantmaking, typical for a private foundation. Its financial health appears robust, with assets growing significantly from $26,052,762 in 2011 to $116,216,807 in 2023. While revenue has fluctuated, notably with a large spike to $78,254,052 in 2021, the organization consistently maintains substantial assets. The fund's spending efficiency is generally strong, as it primarily operates as a grantmaking entity, meaning most expenses are direct program-related grants. The consistent reporting of $1 in liabilities across most recent filings suggests a very low financial risk profile. The absence of reported officer compensation indicates a lean administrative structure or that compensation is handled through other means not captured in this specific field, which is common for family foundations.