Quick charity verification for Kranzberg Foundation (EIN: 204920260)
Verdict: Kranzberg Foundation appears trustworthy
85/100Mission Score
$121KRevenue
$671KAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown (program, admin, fundraising) in summary data makes precise efficiency analysis difficult.
Consistent 0% officer compensation is unusual for an organization with growing assets and could warrant further investigation into how leadership is supported or compensated, if at all.
Strengths
Consistent asset growth, from $194,215 in 2014 to $602,938 in 2023, indicates strong financial management.
Stable revenue stream, averaging around $115,000 annually, demonstrates reliable funding.
Expenses consistently lower than revenue, contributing to financial stability and asset accumulation.
Zero officer compensation reported across all filings suggests a highly efficient or volunteer-driven leadership structure.
Low or zero liabilities in recent years (e.g., $0 in 2023) indicates a healthy balance sheet.
Spending Breakdown
How Kranzberg Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Kranzberg Foundation
Is Kranzberg Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kranzberg Foundation (EIN: 204920260) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Kranzberg Foundation a good charity to donate to?
Kranzberg Foundation has a Mission Score of 85/100. Revenue: $121K. Assets: $671K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kranzberg Foundation?
The Employer Identification Number (EIN) for Kranzberg Foundation is 204920260. 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 Kranzberg Foundation spend its money?
Kranzberg Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kranzberg Foundation's tax-exempt status?
You can verify Kranzberg Foundation's tax-exempt status using EIN 204920260 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 Kranzberg Foundation demonstrates consistent financial health with stable revenue streams averaging around $115,000 annually over the past decade. Their asset base has shown significant growth, increasing from $194,215 in 2014 to $602,938 in 2023, indicating sound financial management and accumulation of resources. The organization consistently spends less than it brings in, as evidenced by expenses of $78,028 against revenues of $106,881 in 2023, contributing to asset growth.
Regarding spending efficiency, the provided data indicates that the organization has zero officer compensation, which suggests a high degree of volunteerism or very lean administrative costs, potentially allowing a greater proportion of funds to be directed towards program services. While a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, the absence of officer compensation is a positive indicator for efficiency. The foundation's liabilities have generally remained low or zero in recent years, further reflecting a healthy financial position.
In terms of transparency, the organization has a consistent filing history with 13 IRS 990 filings, demonstrating adherence to regulatory requirements. The consistent growth in assets and the absence of officer compensation are positive indicators, though a more detailed breakdown of functional expenses would provide greater insight into their spending efficiency across program, administrative, and fundraising categories.