Quick charity verification for Klesse Foundation (EIN: 202666212)
Verdict: Klesse Foundation appears trustworthy
95/100Mission Score
$8.4MRevenue
$5.7MAssets
1Red Flags
4Strengths
Red Flags
Fluctuating revenue in some years (e.g., $23,577 in 2021 compared to $12,523,003 in 2023) could indicate reliance on large, infrequent donations or investment gains, which might not be sustainable.
Strengths
Consistent 0% officer compensation, indicating strong commitment to mission spending.
Extremely low liabilities (often $1) across all filings, demonstrating excellent financial management.
Significant growth in assets from $732,848 in 2011 to $7,317,778 in 2023, indicating strong financial health and sustainability.
Healthy surplus in recent years (e.g., $12,523,003 revenue vs. $9,671,541 expenses in 2023).
Spending Breakdown
How Klesse Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Klesse Foundation
Is Klesse Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Klesse Foundation (EIN: 202666212) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
Is Klesse Foundation a good charity to donate to?
Klesse Foundation has a Mission Score of 95/100. Revenue: $8.4M. Assets: $5.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Klesse Foundation?
The Employer Identification Number (EIN) for Klesse Foundation is 202666212. 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 Klesse Foundation spend its money?
Klesse Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Klesse Foundation's tax-exempt status?
You can verify Klesse Foundation's tax-exempt status using EIN 202666212 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 Klesse Foundation demonstrates strong financial health, particularly in its recent filings. In 2023, the organization reported revenue of $12,523,003 against expenses of $9,671,541, indicating a healthy surplus. Its assets have shown significant growth over time, from $732,848 in 2011 to $7,317,778 in 2023, suggesting effective asset management and financial stability. The foundation consistently reports minimal liabilities, often just $1, which is a strong indicator of fiscal responsibility and low financial risk. The consistent reporting of 0% officer compensation across all available filings highlights a commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust. While specific program spending percentages aren't detailed in the provided data, the overall financial picture suggests a well-managed and financially sound organization.