Abram And Ray Kaplan Foundation
Abram And Ray Kaplan Foundation consistently spends more than its annual revenue, drawing down its endowment.
EIN: 133798875 · Elbert, CO · NTEE: T20 · Updated: 2026-03-28
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Abram And Ray Kaplan Foundation is mapped to EIN 133798875.
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| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.1M |
| Program Spending | 90% |
| Net Assets | $12.9M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Abram And Ray Kaplan Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Abram And Ray Kaplan Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Abram And Ray Kaplan Foundation in one place.
Form 990 Filing Summary
6 filing years are available, with latest revenue of $1.1M and expenses of $2.1M.
Revenue and Expenses
Abram And Ray Kaplan Foundation reported $1.1M in revenue and $2.1M in expenses, a deficit of $955K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Abram And Ray Kaplan Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
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Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.9M (90%) |
Across stored filings, Abram And Ray Kaplan Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
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| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 6 stored filing years |
| Peer context | Compare with International Midwife Assistance Inc | Colorado and Philanthropy context |
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Abram And Ray Kaplan Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Abram And Ray Kaplan Foundation
Abram And Ray Kaplan Foundation (EIN: 133798875) is a nonprofit organization based in Elbert, CO, classified under NTEE code T20. The organization reported total revenue of $2.9M and total assets of $12.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abram And Ray Kaplan Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abram And Ray Kaplan Foundation is a mid-size nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-955,019 |
| Total Assets | $12.9M |
| Total Liabilities | $20K |
| Net Assets | $12.9M |
| Operating Margin | -86.0% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 75.2 months |
Financial Health Grade: B
In 2023, Abram And Ray Kaplan Foundation reported a deficit of $955K with expenses exceeding revenue, holds 75.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2023), Abram And Ray Kaplan Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.5% | +12.3% | -6.8% |
| 2022 | +39.8% | +17.8% | -2.3% |
| 2021 | -3.7% | -5.8% | -3.3% |
| 2020 | -21.5% | +3.7% | -3.5% |
| 2019 | +81.9% | +26.6% | -8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Abram And Ray Kaplan Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Abram And Ray Kaplan Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $955K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation operates with no paid officers or that officers are compensated through other means not reported as direct compensation, which is highly efficient for an organization of its asset size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Abram And Ray Kaplan Foundation's IRS 990 filings:
- Consistent asset draw-down without clear explanation of long-term sustainability strategy (though common for endowments)
- Lack of detailed expense breakdown beyond total expenses in public filings
Strengths
The following positive indicators were identified for Abram And Ray Kaplan Foundation:
- 0% officer compensation, indicating extremely low executive overhead
- Consistent distribution of funds, fulfilling its grantmaking purpose
- Healthy asset base of over $12 million, providing significant capacity for future grantmaking
Frequently Asked Questions about Abram And Ray Kaplan Foundation
Is Abram And Ray Kaplan Foundation a legitimate charity?
Abram And Ray Kaplan Foundation (EIN: 133798875) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $2.9M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Abram And Ray Kaplan Foundation spend its money?
Abram And Ray Kaplan Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Abram And Ray Kaplan Foundation tax-deductible?
Abram And Ray Kaplan Foundation is registered as a tax-exempt nonprofit (EIN: 133798875). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Abram And Ray Kaplan Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Abram And Ray Kaplan Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Abram And Ray Kaplan Foundation located?
Abram And Ray Kaplan Foundation is headquartered in Elbert, Colorado and files with the IRS under EIN 133798875. It is classified under NTEE code T20.
How many years of IRS 990 filings does Abram And Ray Kaplan Foundation have?
Abram And Ray Kaplan Foundation has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.9M in total revenue.
Is Abram And Ray Kaplan Foundation a good charity?
As a private grantmaking foundation, its 'goodness' is primarily measured by its grantmaking impact and efficiency. With 0% officer compensation and a consistent pattern of distributing funds (spending more than revenue), it appears to be efficiently managed in terms of executive costs. However, without details on its grant recipients or specific program outcomes, a full assessment of its charitable impact is limited.
Why does the foundation consistently spend more than it earns?
This is a common strategy for private foundations that operate with an endowment. They generate investment income (revenue) but also distribute a portion of their principal (assets) as grants, leading to expenses exceeding annual revenue. This allows them to fulfill their philanthropic mission by distributing funds accumulated over time.
What are the primary expenses of the foundation?
While the filings only provide total expenses, for a private grantmaking foundation, the vast majority of expenses would typically be grants paid to other organizations (program service expenses), along with minimal administrative costs for managing the foundation and its investments. The 0% officer compensation suggests very low overhead in that specific area.
How transparent is the foundation?
The foundation files its IRS Form 990s, which provides basic financial transparency. However, without detailed breakdowns of grant recipients or specific program activities within the 990, the level of programmatic transparency is moderate. The consistent reporting of 0% officer compensation is a clear and transparent financial fact.
Filing History
IRS 990 filing history for Abram And Ray Kaplan Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Abram And Ray Kaplan Foundation's revenue has grown by 41.2%, moving from $787K to $1.1M. Total assets decreased by 22% over the same period, from $16.6M to $12.9M. Total functional expenses rose by 63.7%, from $1.3M to $2.1M. In its most recent filing year (2023), Abram And Ray Kaplan Foundation reported a deficit of $955K, with expenses exceeding revenue. The organization holds $20K in liabilities against $12.9M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $12.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $2.1M | $12.9M | $20K | — | — |
| 2022 | $1.5M | $1.8M | $13.9M | $20K | — | View 990 |
| 2021 | $1.1M | $1.6M | $14.2M | $20K | — | View 990 |
| 2020 | $1.1M | $1.7M | $14.7M | $20K | — | View 990 |
| 2019 | $1.4M | $1.6M | $15.2M | $19K | — | View 990 |
| 2015 | $787K | $1.3M | $16.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $2.1M, and assets of $12.9M (revenue -26.5% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.8M, and assets of $13.9M (revenue +39.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.6M, and assets of $14.2M (revenue -3.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.7M, and assets of $14.7M (revenue -21.5% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.6M, and assets of $15.2M (revenue +81.9% year-over-year).
- 2015: Revenue of $787K, expenses of $1.3M, and assets of $16.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abram And Ray Kaplan Foundation:
Data Sources and Methodology
This transparency report for Abram And Ray Kaplan Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.