Ctkl Foundation
Ctkl Foundation shows highly volatile finances with expenses often exceeding revenue and declining assets in recent years.
EIN: 201049203 · Omaha, NE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $355 |
| Total Expenses | $36K |
| Program Spending | 70% |
| Net Assets | $38K |
| Transparency Score | 45/100 |
Is Ctkl Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ctkl Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Ctkl Foundation
Ctkl Foundation (EIN: 201049203) is a nonprofit organization based in Omaha, NE, classified under NTEE code T20. The organization reported total revenue of $355 and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ctkl Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ctkl Foundation is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -31.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $537 |
| Total Expenses | $36K |
| Surplus / Deficit | $-35,315 |
| Total Assets | $38K |
| Total Liabilities | $1 |
| Net Assets | $38K |
| Operating Margin | -6576.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 12.7 months |
Financial Health Grade: B
In 2023, Ctkl Foundation reported a deficit of $35K with expenses exceeding revenue, holds 12.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ctkl Foundation's revenue has declined at a compound annual growth rate (CAGR) of -31.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +253.3% | +1725.5% | -48.2% |
| 2022 | -99.7% | -14.6% | -2.4% |
| 2021 | +4752.3% | -16.4% | +174.7% |
| 2020 | -96.3% | +266.7% | -5.9% |
| 2019 | +700550.0% | +0.0% | +626.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Ctkl Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Ctkl Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, suggesting that the organization operates without paid executive leadership or that compensation is categorized differently, which could be a point of inquiry for full transparency.
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 Ctkl Foundation's IRS 990 filings:
- Highly inconsistent revenue and expense patterns, making financial planning and sustainability difficult to assess.
- Expenses frequently and significantly exceed reported revenue, indicating potential reliance on asset depletion.
- Significant decline in assets from $75,039 in 202112 to $37,912 in 202312 without clear explanation in provided data.
Strengths
The following positive indicators were identified for Ctkl Foundation:
- Consistently low reported liabilities ($1 in most recent filings), indicating minimal debt burden.
- No reported officer compensation, suggesting a potentially volunteer-driven leadership structure.
Frequently Asked Questions about Ctkl Foundation
Is Ctkl Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ctkl Foundation (EIN: 201049203) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Ctkl Foundation spend its money?
Ctkl Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ctkl Foundation tax-deductible?
Ctkl Foundation is registered as a tax-exempt nonprofit (EIN: 201049203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ctkl Foundation's spending goes to programs?
Ctkl Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Ctkl Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Ctkl Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ctkl Foundation located?
Ctkl Foundation is headquartered in Omaha, Nebraska and files with the IRS under EIN 201049203. It is classified under NTEE code T20.
How many years of IRS 990 filings does Ctkl Foundation have?
Ctkl Foundation has 10 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 $355 in total revenue.
What are the specific program activities of the Ctkl Foundation, given its NTEE code T20 (Philanthropy, Voluntarism & Grantmaking Foundations)?
The provided data does not detail specific program activities. Further investigation into their 990-EZ or 990-PF filings would be necessary to understand their grantmaking or philanthropic focus.
Why do expenses frequently exceed revenue, such as in 202312 ($35,852 expenses vs. $537 revenue) and 201112 ($135,868 expenses vs. $52,952 revenue)?
This pattern suggests the organization is either drawing down on accumulated assets, receiving significant non-revenue contributions (e.g., principal from investments), or operating at a deficit. A deeper look into their balance sheet and statement of activities would clarify this.
What caused the significant drop in assets from $75,039 in 202112 to $37,912 in 202312?
The substantial decrease in assets over two years, particularly with high expenses relative to revenue in 202312, indicates significant asset utilization or losses. The specific reasons would be detailed in their financial statements.
Filing History
IRS 990 filing history for Ctkl Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ctkl Foundation's revenue has declined by 99%, moving from $53K to $537. Total assets decreased by 14.2% over the same period, from $44K to $38K. Total functional expenses fell by 73.6%, from $136K to $36K. In its most recent filing year (2023), Ctkl Foundation reported a deficit of $35K, with expenses exceeding revenue. The organization holds $1 in liabilities against $38K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $38K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $537 | $36K | $38K | $1 | — | — |
| 2022 | $152 | $2K | $73K | $1 | — | View 990 |
| 2021 | $50K | $2K | $75K | $1 | — | — |
| 2020 | $1K | $3K | $27K | $1 | — | — |
| 2019 | $28K | $750 | $29K | $1 | — | View 990 |
| 2015 | $4 | $750 | $4K | $1 | — | View 990 |
| 2014 | $8 | $750 | $5K | $0 | — | View 990 |
| 2013 | $9 | $975 | $5K | $0 | — | View 990 |
| 2012 | $27 | $38K | $6K | $0 | — | View 990 |
| 2011 | $53K | $136K | $44K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $537, expenses of $36K, and assets of $38K (revenue +253.3% year-over-year).
- 2022: Revenue of $152, expenses of $2K, and assets of $73K (revenue -99.7% year-over-year).
- 2021: Revenue of $50K, expenses of $2K, and assets of $75K (revenue +4752.3% year-over-year).
- 2020: Revenue of $1K, expenses of $3K, and assets of $27K (revenue -96.3% year-over-year).
- 2019: Revenue of $28K, expenses of $750, and assets of $29K (revenue +700550.0% year-over-year).
- 2015: Revenue of $4, expenses of $750, and assets of $4K (revenue -50.0% year-over-year).
- 2014: Revenue of $8, expenses of $750, and assets of $5K (revenue -11.1% year-over-year).
- 2013: Revenue of $9, expenses of $975, and assets of $5K (revenue -66.7% year-over-year).
- 2012: Revenue of $27, expenses of $38K, and assets of $6K (revenue -99.9% year-over-year).
- 2011: Revenue of $53K, expenses of $136K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ctkl Foundation:
Data Sources and Methodology
This transparency report for Ctkl 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.