Quick charity verification for Stanley M Klein Foundation Inc (EIN: 134036431)
Verdict: Stanley M Klein Foundation Inc shows mixed signals
65/100Mission Score
$163KRevenue
$685KAssets
3Red Flags
3Strengths
Red Flags
Consistent deficit spending, with expenses frequently exceeding revenue (e.g., 2023 expenses $75,301 vs. revenue $33,217).
Significant decline in total assets over time, from $982,962 in 2011 to $677,806 in 2023, indicating asset depletion.
Lack of clear strategy for financial sustainability given the ongoing asset drawdowns.
Strengths
Excellent transparency with 11 IRS 990 filings available.
0% officer compensation reported across all filings, indicating volunteer leadership or highly efficient compensation practices.
Low liabilities reported consistently ($0 or $1), suggesting sound financial management in terms of debt.
Spending Breakdown
How Stanley M Klein Foundation Inc 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 Stanley M Klein Foundation Inc
Is Stanley M Klein Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Stanley M Klein Foundation Inc (EIN: 134036431) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Stanley M Klein Foundation Inc a good charity to donate to?
Stanley M Klein Foundation Inc has a Mission Score of 65/100. Revenue: $163K. Assets: $685K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Stanley M Klein Foundation Inc?
The Employer Identification Number (EIN) for Stanley M Klein Foundation Inc is 134036431. 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 Stanley M Klein Foundation Inc spend its money?
Stanley M Klein Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Stanley M Klein Foundation Inc's tax-exempt status?
You can verify Stanley M Klein Foundation Inc's tax-exempt status using EIN 134036431 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 Stanley M Klein Foundation Inc appears to be a private foundation, as indicated by its NTEE code T30 (Private Grantmaking Foundations) and consistent pattern of grantmaking activities. The organization demonstrates strong financial transparency with 11 filings available, and its officer compensation has consistently been reported as 0% across all available periods, indicating a volunteer-led or minimally compensated leadership structure. However, a significant concern is the consistent deficit spending, where expenses frequently exceed revenue. For example, in 2023, expenses were $75,301 against revenues of $33,217, and in 2022, expenses were $46,680 against revenues of $23,415. This trend has led to a gradual decline in assets over time, from $982,962 in 2011 to $677,806 in 2023. While the organization maintains a low liability profile, the long-term sustainability of its grantmaking activities is questionable without a more balanced revenue-to-expense ratio or a clear strategy for asset preservation.