Is Louis & Rose Klosk Fund Uw L Klost T…

Quick charity verification for Louis & Rose Klosk Fund Uw L Klost T 7002 (EIN: 136328994)

Red Flags

Consistent negative net revenue (expenses exceeding revenue) in 8 out of 10 reported periods, including 2023 ($474,676 expenses vs. $358,595 revenue) and 2022 ($394,277 expenses vs. $57,449 revenue).
Significant fluctuation and occasional sharp drops in annual revenue, such as from $579,102 in 2021 to $57,449 in 2022.
Lack of NTEE code or detailed expense breakdown in the provided data makes it difficult to assess programmatic efficiency and mission alignment.

Spending Breakdown

How Louis & Rose Klosk Fund Uw L Klost T 7002 allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Louis & Rose Klosk Fund Uw L Klost T 7002

Is Louis & Rose Klosk Fund Uw L Klost T 7002 a legitimate charity?

Based on AI analysis of IRS 990 filings, Louis & Rose Klosk Fund Uw L Klost T 7002 (EIN: 136328994) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Louis & Rose Klosk Fund Uw L Klost T 7002 a good charity to donate to?

Louis & Rose Klosk Fund Uw L Klost T 7002 has a Mission Score of 65/100. Revenue: $1.9M. Assets: $5.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Louis & Rose Klosk Fund Uw L Klost T 7002?

The Employer Identification Number (EIN) for Louis & Rose Klosk Fund Uw L Klost T 7002 is 136328994. 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 Louis & Rose Klosk Fund Uw L Klost T 7002 spend its money?

Louis & Rose Klosk Fund Uw L Klost T 7002 allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Louis & Rose Klosk Fund Uw L Klost T 7002's tax-exempt status?

You can verify Louis & Rose Klosk Fund Uw L Klost T 7002's tax-exempt status using EIN 136328994 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 Louis & Rose Klosk Fund Uw L Klost T 7002 appears to be a private foundation, given its consistent asset base and fluctuating, often negative, net revenue. The organization consistently reports zero officer compensation across all available filings, which is a positive indicator of efficient use of funds at the executive level. However, without detailed expense breakdowns (e.g., program service expenses vs. administrative and fundraising) from the provided data, a precise assessment of spending efficiency is challenging. The organization's assets have seen a slight decline over the past decade, from $5,464,888 in 2011 to $4,989,464 in 2023, indicating that expenses have frequently outpaced revenue, particularly in recent years where expenses exceeded revenue in 2023 ($474,676 vs. $358,595) and 2022 ($394,277 vs. $57,449).

The organization's financial health shows some volatility. While it maintains a substantial asset base of nearly $5 million, its revenue generation has been inconsistent, with a significant drop in 2022 to $57,449, followed by a recovery to $358,595 in 2023. The consistent reporting of minimal liabilities ($0 or $1) suggests good financial management in terms of debt. However, the repeated instances of expenses exceeding revenue, such as in 2023, 2022, 2020, 2015, 2014, 2013, 2012, and 2011, raise questions about long-term sustainability if this trend continues without sufficient investment returns or increased contributions. Transparency is generally good with consistent 990 filings, but the lack of NTEE code and detailed expense categories limits a deeper programmatic analysis.

Is Louis & Rose Klosk Fund Uw L Klost T 7002 Legit?

Verdict: Louis & Rose Klosk Fund Uw L Klost T 7002 shows mixed signals