Charlou Foundation
EIN: 832200839 · Cherry Hl Vlg, CO · NTEE: A11
Is Charlou Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Charlou Foundation
Charlou Foundation (EIN: 832200839) is a nonprofit organization based in Cherry Hl Vlg, CO, classified under NTEE code A11. The organization reported total revenue of $6.6M and total assets of $23.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charlou Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charlou Foundation is a mid-size nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $3.3M |
| Surplus / Deficit | $-1,712,490 |
| Total Assets | $19.4M |
| Net Assets | $19.4M |
| Operating Margin | -104.6% |
| Months of Reserves | 69.5 months |
Financial Health Grade: B
In 2023, Charlou Foundation reported a deficit of $1.7M with expenses exceeding revenue, holds 69.5 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.6% | +5613.7% | -10.9% |
| 2021 | -153.6% | +0.4% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charlou Foundation 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 Charlou Foundation 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 $1.7M, with expenses exceeding revenue.
Frequently Asked Questions about Charlou Foundation
Is Charlou Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Charlou Foundation (EIN: 832200839) insufficient data. 0 red flags identified, 0 strengths noted.
How does Charlou Foundation spend its money?
Detailed spending breakdown data is not yet available for Charlou Foundation. Check back for updated IRS 990 analysis.
Are donations to Charlou Foundation tax-deductible?
Charlou Foundation is registered as a tax-exempt nonprofit (EIN: 832200839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Charlou Foundation showing financial trends over 5 years of public records:
Total assets increased by 1941389300% over the same period, from $1 to $19.4M. In its most recent filing year (2023), Charlou Foundation reported a deficit of $1.7M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $3.3M | $19.4M | $0 | — | View 990 |
| 2022 | $1.1M | $59K | $21.8M | $0 | — | View 990 |
| 2021 | $-259,209 | $44K | $20.5M | $0 | — | View 990 |
| 2020 | $483K | $44K | $20.7M | $0 | — | View 990 |
| 2019 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $3.3M, and assets of $19.4M (revenue +52.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $59K, and assets of $21.8M.
- 2021: Revenue of $-259,209, expenses of $44K, and assets of $20.5M (revenue -153.6% year-over-year).
- 2020: Revenue of $483K, expenses of $44K, and assets of $20.7M.
- 2019: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charlou Foundation:
Data Sources and Methodology
This transparency report for Charlou 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.