Quick charity verification for Klingenstein Foundation (EIN: 136077894)
Verdict: Klingenstein Foundation shows mixed signals
45/100Mission Score
$73KRevenue
$877KAssets
4Red Flags
3Strengths
Red Flags
Significant and consistent decline in total assets over the past decade (from $3.5M to $0.8M).
Negative revenue reported in the latest filing period ($-174,991 in 202212).
Expenses frequently exceeding revenue in multiple filing periods, indicating an unsustainable financial model.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data.
Strengths
Consistently low liabilities ($0 or $1) indicating minimal debt.
Consistent filing of IRS Form 990s, demonstrating basic compliance.
Reported 0% officer compensation, suggesting a lean approach to executive pay.
Spending Breakdown
How Klingenstein Foundation 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 Klingenstein Foundation
Is Klingenstein Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Klingenstein Foundation (EIN: 136077894) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
Is Klingenstein Foundation a good charity to donate to?
Klingenstein Foundation has a Mission Score of 45/100. Revenue: $73K. Assets: $877K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Klingenstein Foundation?
The Employer Identification Number (EIN) for Klingenstein Foundation is 136077894. 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 Klingenstein Foundation spend its money?
Klingenstein Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Klingenstein Foundation's tax-exempt status?
You can verify Klingenstein Foundation's tax-exempt status using EIN 136077894 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 Klingenstein Foundation exhibits a concerning trend of declining assets and inconsistent revenue generation over the past decade. While the organization reported $877,087 in assets in its latest filing, this represents a significant decrease from $3,514,959 in 2011. The most recent filing period (202212) even showed negative revenue of $-174,991, indicating a substantial financial loss. This volatility in revenue, coupled with a consistent decline in assets, raises questions about the long-term sustainability and financial health of the foundation.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of $0 for officer compensation across all filings suggests a lean operational structure regarding executive pay. The foundation's liabilities have consistently been minimal ($0 or $1), indicating a low debt burden, which is a positive sign.
Transparency appears to be adequate in terms of filing IRS Form 990s consistently. However, the lack of detailed expense categorization in the provided data limits a deeper analysis of how funds are allocated. The significant fluctuations in revenue and the substantial decrease in assets over time warrant closer scrutiny for potential donors or stakeholders.