Catherine Kasper Life Center Inc
EIN: 364390434 · Donaldson, IN · NTEE: E910
| Metric | Value |
|---|---|
| Total Revenue | $676K |
| Total Expenses | $1.3M |
| Net Assets | $-231,344 |
Is Catherine Kasper Life Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Catherine Kasper Life Center Inc
Catherine Kasper Life Center Inc (EIN: 364390434) is a nonprofit organization based in Donaldson, IN, classified under NTEE code E910. The organization reported total revenue of $676K and total assets of $162K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catherine Kasper Life Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catherine Kasper Life Center Inc is a small nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -17.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $676K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-598,547 |
| Total Assets | $162K |
| Total Liabilities | $394K |
| Net Assets | $-231,344 |
| Operating Margin | -88.5% |
| Debt-to-Asset Ratio | 242.5% |
| Months of Reserves | 1.5 months |
Financial Health Grade: D
In 2023, Catherine Kasper Life Center Inc reported a deficit of $599K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 242.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Catherine Kasper Life Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -90.8% | -83.5% | -88.5% |
| 2022 | -8.8% | -0.7% | -17.5% |
| 2021 | -22.8% | -20.0% | +3.4% |
| 2020 | +18.9% | +2.2% | +4.4% |
| 2019 | +310.2% | +250.2% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Catherine Kasper Life Center Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Catherine Kasper Life Center Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $599K, with expenses exceeding revenue.
- Debt-to-asset ratio: 242.5%.
Frequently Asked Questions about Catherine Kasper Life Center Inc
Is Catherine Kasper Life Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Catherine Kasper Life Center Inc (EIN: 364390434) insufficient data. 0 red flags identified, 0 strengths noted.
How does Catherine Kasper Life Center Inc spend its money?
Detailed spending breakdown data is not yet available for Catherine Kasper Life Center Inc. Check back for updated IRS 990 analysis.
Are donations to Catherine Kasper Life Center Inc tax-deductible?
Catherine Kasper Life Center Inc is registered as a tax-exempt nonprofit (EIN: 364390434). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Catherine Kasper Life Center Inc located?
Catherine Kasper Life Center Inc is headquartered in Donaldson, Indiana and files with the IRS under EIN 364390434. It is classified under NTEE code E910.
How many years of IRS 990 filings does Catherine Kasper Life Center Inc have?
Catherine Kasper Life Center Inc has 13 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 $676K in total revenue.
Filing History
IRS 990 filing history for Catherine Kasper Life Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Catherine Kasper Life Center Inc's revenue has declined by 90.1%, moving from $6.8M to $676K. Total assets decreased by 91.9% over the same period, from $2.0M to $162K. Total functional expenses fell by 81.1%, from $6.7M to $1.3M. In its most recent filing year (2023), Catherine Kasper Life Center Inc reported a deficit of $599K, with expenses exceeding revenue. The organization holds $394K in liabilities against $162K in assets (debt-to-asset ratio: 242.5%), resulting in net assets of $-231,344.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $676K | $1.3M | $162K | $394K | — | View 990 |
| 2022 | $7.3M | $7.7M | $1.4M | $878K | — | View 990 |
| 2021 | $8.0M | $7.8M | $1.7M | $729K | — | View 990 |
| 2020 | $10.4M | $9.8M | $1.7M | $895K | — | View 990 |
| 2019 | $8.8M | $9.5M | $1.6M | $1.5M | — | View 990 |
| 2018 | $2.1M | $2.7M | $1.7M | $880K | — | View 990 |
| 2017 | $8.4M | $8.5M | $2.0M | $737K | — | — |
| 2016 | $7.9M | $8.0M | $1.9M | $620K | — | View 990 |
| 2015 | $8.0M | $8.1M | $1.9M | $648K | — | View 990 |
| 2014 | $7.4M | $7.7M | $2.0M | $730K | — | View 990 |
| 2013 | $7.7M | $7.6M | $2.2M | $705K | — | View 990 |
| 2012 | $7.2M | $7.1M | $2.1M | $662K | — | View 990 |
| 2011 | $6.8M | $6.7M | $2.0M | $665K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $676K, expenses of $1.3M, and assets of $162K (revenue -90.8% year-over-year).
- 2022: Revenue of $7.3M, expenses of $7.7M, and assets of $1.4M (revenue -8.8% year-over-year).
- 2021: Revenue of $8.0M, expenses of $7.8M, and assets of $1.7M (revenue -22.8% year-over-year).
- 2020: Revenue of $10.4M, expenses of $9.8M, and assets of $1.7M (revenue +18.9% year-over-year).
- 2019: Revenue of $8.8M, expenses of $9.5M, and assets of $1.6M (revenue +310.2% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.7M, and assets of $1.7M (revenue -74.5% year-over-year).
- 2017: Revenue of $8.4M, expenses of $8.5M, and assets of $2.0M (revenue +5.4% year-over-year).
- 2016: Revenue of $7.9M, expenses of $8.0M, and assets of $1.9M (revenue -0.9% year-over-year).
- 2015: Revenue of $8.0M, expenses of $8.1M, and assets of $1.9M (revenue +7.6% year-over-year).
- 2014: Revenue of $7.4M, expenses of $7.7M, and assets of $2.0M (revenue -3.6% year-over-year).
- 2013: Revenue of $7.7M, expenses of $7.6M, and assets of $2.2M (revenue +7.9% year-over-year).
- 2012: Revenue of $7.2M, expenses of $7.1M, and assets of $2.1M (revenue +5.0% year-over-year).
- 2011: Revenue of $6.8M, expenses of $6.7M, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catherine Kasper Life Center Inc:
Data Sources and Methodology
This transparency report for Catherine Kasper Life Center Inc 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.