Donald H Krasner Charitable Foundation
EIN: 611948333 · Chicago, IL · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $8.5M |
| Total Expenses | $50K |
| Net Assets | $965K |
Is Donald H Krasner Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Donald H Krasner Charitable Foundation
Donald H Krasner Charitable Foundation (EIN: 611948333) is a nonprofit organization based in Chicago, IL, classified under NTEE code T22. The organization reported total revenue of $8.5M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Donald H Krasner Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Donald H Krasner Charitable Foundation is a mid-size nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -83.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $50K |
| Surplus / Deficit | $-21,737 |
| Total Assets | $965K |
| Total Liabilities | $1 |
| Net Assets | $965K |
| Operating Margin | -77.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 231.9 months |
Financial Health Grade: B
In 2023, Donald H Krasner Charitable Foundation reported a deficit of $22K with expenses exceeding revenue, holds 231.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Donald H Krasner Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -83.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.6% | +153.2% | -2.2% |
| 2022 | -96.0% | +5115.3% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Donald H Krasner Charitable 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 Donald H Krasner Charitable 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 $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Donald H Krasner Charitable Foundation
Is Donald H Krasner Charitable Foundation a legitimate charity?
Donald H Krasner Charitable Foundation (EIN: 611948333) is a registered tax-exempt nonprofit based in Illinois. It has 3 years of IRS 990 filings on record. Total revenue: $8.5M. No red flags identified. Financial health grade: B.
How does Donald H Krasner Charitable Foundation spend its money?
Donald H Krasner Charitable Foundation reported $8.5M in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Donald H Krasner Charitable Foundation tax-deductible?
Donald H Krasner Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 611948333). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Donald H Krasner Charitable Foundation located?
Donald H Krasner Charitable Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 611948333. It is classified under NTEE code T22.
How many years of IRS 990 filings does Donald H Krasner Charitable Foundation have?
Donald H Krasner Charitable Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $8.5M in total revenue.
Filing History
IRS 990 filing history for Donald H Krasner Charitable Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Donald H Krasner Charitable Foundation's revenue has declined by 97.3%, moving from $1.0M to $28K. Total assets increased by 0.1% over the same period, from $964K to $965K. Total functional expenses rose by 13105%, from $378 to $50K. In its most recent filing year (2023), Donald H Krasner Charitable Foundation reported a deficit of $22K, with expenses exceeding revenue. The organization holds $1 in liabilities against $965K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $965K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $50K | $965K | $1 | — | — |
| 2022 | $42K | $20K | $986K | $1 | — | View 990 |
| 2021 | $1.0M | $378 | $964K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $50K, and assets of $965K (revenue -33.6% year-over-year).
- 2022: Revenue of $42K, expenses of $20K, and assets of $986K (revenue -96.0% year-over-year).
- 2021: Revenue of $1.0M, expenses of $378, and assets of $964K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Donald H Krasner Charitable Foundation:
Data Sources and Methodology
This transparency report for Donald H Krasner Charitable 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.