Driesman Krichavsky Charitable Foundation Trust
Driesman Krichavsky Charitable Foundation Trust: Consistent Growth, Minimal Overhead
EIN: 223044559 · West Hartford, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $86K |
| Total Expenses | $40K |
| Program Spending | 90% |
| Net Assets | $333K |
| Transparency Score | 75/100 |
Is Driesman Krichavsky Charitable Foundation Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Driesman Krichavsky Charitable Foundation Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Driesman Krichavsky Charitable Foundation Trust
Driesman Krichavsky Charitable Foundation Trust (EIN: 223044559) is a nonprofit organization based in West Hartford, CT. The organization reported total revenue of $86K and total assets of $363K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Driesman Krichavsky Charitable Foundation Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Driesman Krichavsky Charitable Foundation Trust is a micro nonprofit that has been operating for 36 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -5.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $40K |
| Surplus / Deficit | $-33,942 |
| Total Assets | $333K |
| Total Liabilities | $1 |
| Net Assets | $333K |
| Operating Margin | -529.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 98.9 months |
Financial Health Grade: B
In 2024, Driesman Krichavsky Charitable Foundation Trust reported a deficit of $34K with expenses exceeding revenue, holds 98.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Driesman Krichavsky Charitable Foundation Trust's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +19.8% | +41.6% | +5.6% |
| 2023 | +27.4% | +24.7% | +1.4% |
| 2022 | +2.2% | -23.2% | +10.1% |
| 2021 | -26.8% | +22.4% | +2.4% |
| 2020 | -83.3% | +65.9% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Driesman Krichavsky Charitable Foundation Trust with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Driesman Krichavsky Charitable Foundation Trust allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is either zero or below reporting thresholds, which is common for smaller trusts.
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 Driesman Krichavsky Charitable Foundation Trust's IRS 990 filings:
- Lack of detailed program descriptions or impact reporting makes it difficult to assess direct charitable effectiveness.
- The 'nt' (nonprofit type) field is missing, which could provide more context on its operational model.
Strengths
The following positive indicators were identified for Driesman Krichavsky Charitable Foundation Trust:
- Consistent revenue generation and asset growth over multiple years.
- Very low administrative and fundraising expenses based on the implied spending breakdown.
- Zero reported lobbying or political campaign activities ('l0', 'c0%').
Frequently Asked Questions about Driesman Krichavsky Charitable Foundation Trust
Is Driesman Krichavsky Charitable Foundation Trust a legitimate charity?
Driesman Krichavsky Charitable Foundation Trust (EIN: 223044559) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $86K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Driesman Krichavsky Charitable Foundation Trust spend its money?
Driesman Krichavsky Charitable Foundation Trust directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Driesman Krichavsky Charitable Foundation Trust tax-deductible?
Driesman Krichavsky Charitable Foundation Trust is registered as a tax-exempt nonprofit (EIN: 223044559). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Driesman Krichavsky Charitable Foundation Trust's spending goes to programs?
Driesman Krichavsky Charitable Foundation Trust directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Driesman Krichavsky Charitable Foundation Trust located?
Driesman Krichavsky Charitable Foundation Trust is headquartered in West Hartford, Connecticut and files with the IRS under EIN 223044559.
How many years of IRS 990 filings does Driesman Krichavsky Charitable Foundation Trust have?
Driesman Krichavsky Charitable Foundation Trust has 11 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 $86K in total revenue.
What does Driesman Krichavsky Charitable Foundation Trust do?
Driesman Krichavsky Charitable Foundation Trust is a nonprofit organization in the Unknown sector, located in West Hartford, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Driesman Krichavsky Charitable Foundation Trust have?
Driesman Krichavsky Charitable Foundation Trust reported total revenue of $86,474. Based on 11 IRS 990 filings on record.
What are Driesman Krichavsky Charitable Foundation Trust's total assets?
Driesman Krichavsky Charitable Foundation Trust holds total assets of $363,374 as reported in IRS 990 filings.
Where is Driesman Krichavsky Charitable Foundation Trust located?
Driesman Krichavsky Charitable Foundation Trust is based in West Hartford, Connecticut.
What is Driesman Krichavsky Charitable Foundation Trust's EIN?
Driesman Krichavsky Charitable Foundation Trust's Employer Identification Number (EIN) is 223044559. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Driesman Krichavsky Charitable Foundation Trust?
Driesman Krichavsky Charitable Foundation Trust is classified under NTEE code Unknown (Unknown).
Is Driesman Krichavsky Charitable Foundation Trust a registered 501(c)(3)?
Driesman Krichavsky Charitable Foundation Trust appears in IRS records (EIN: 223044559). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Driesman Krichavsky Charitable Foundation Trust file IRS Form 990?
Yes, Driesman Krichavsky Charitable Foundation Trust has 11 IRS Form 990 filings on record. The most recent covers tax period 202411.
What was Driesman Krichavsky Charitable Foundation Trust's revenue in 2024?
In the 202411 filing period, Driesman Krichavsky Charitable Foundation Trust reported total revenue of $6,415, total expenses of $40,357, and net assets of $332,655.
Is Driesman Krichavsky Charitable Foundation Trust's revenue growing or declining?
Driesman Krichavsky Charitable Foundation Trust's revenue is growing. Revenue went from $5,354 (202311) to $6,415 (202411), a +19.8% change. Based on 11 filings on record.
What is Driesman Krichavsky Charitable Foundation Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Driesman Krichavsky Charitable Foundation Trust covers tax period 202411. It shows revenue of $6,415, expenses of $40,357, total assets of $332,655, and liabilities of $1.
How much does Driesman Krichavsky Charitable Foundation Trust spend on programs vs administration?
Based on IRS 990 analysis, Driesman Krichavsky Charitable Foundation Trust allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Driesman Krichavsky Charitable Foundation Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Driesman Krichavsky Charitable Foundation Trust appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Driesman Krichavsky Charitable Foundation Trust?
The following concerns were identified: Lack of detailed program descriptions or impact reporting makes it difficult to assess direct charitable effectiveness.. The 'nt' (nonprofit type) field is missing, which could provide more context on its operational model.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Driesman Krichavsky Charitable Foundation Trust's strengths?
Positive indicators for Driesman Krichavsky Charitable Foundation Trust include: Consistent revenue generation and asset growth over multiple years.. Very low administrative and fundraising expenses based on the implied spending breakdown.. Zero reported lobbying or political campaign activities ('l0', 'c0%').. These findings are derived from AI analysis of the organization's financial filings.
How does Driesman Krichavsky Charitable Foundation Trust compensate executives?
Executive compensation is not reported in the provided data, suggesting it is either zero or below reporting thresholds, which is common for smaller trusts. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent asset growth and minimal expenses, what specific charitable activities or grants does the Driesman Krichavsky Charitable Foundation Trust engage in to fulfill its mission?
The provided data does not specify the nature of the charitable activities or grants. Further investigation into their public filings or website would be necessary to understand their programmatic focus and impact.
Filing History
IRS 990 filing history for Driesman Krichavsky Charitable Foundation Trust showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Driesman Krichavsky Charitable Foundation Trust's revenue has declined by 54.6%, moving from $14K to $6K. Total assets increased by 46.4% over the same period, from $227K to $333K. Total functional expenses rose by 133.8%, from $17K to $40K. In its most recent filing year (2024), Driesman Krichavsky Charitable Foundation Trust reported a deficit of $34K, with expenses exceeding revenue. The organization holds $1 in liabilities against $333K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $333K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $6K | $40K | $333K | $1 | — | — |
| 2023 | $5K | $28K | $315K | $1 | — | View 990 |
| 2022 | $4K | $23K | $311K | $1 | — | View 990 |
| 2021 | $4K | $30K | $282K | $1 | — | — |
| 2020 | $6K | $24K | $276K | $1 | — | — |
| 2019 | $34K | $15K | $279K | $0 | — | View 990 |
| 2015 | $65K | $44K | $224K | $0 | — | View 990 |
| 2014 | $11K | $23K | $225K | $0 | — | View 990 |
| 2013 | $13K | $21K | $218K | $0 | — | View 990 |
| 2012 | $17K | $19K | $226K | $0 | — | View 990 |
| 2011 | $14K | $17K | $227K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $6K, expenses of $40K, and assets of $333K (revenue +19.8% year-over-year).
- 2023: Revenue of $5K, expenses of $28K, and assets of $315K (revenue +27.4% year-over-year).
- 2022: Revenue of $4K, expenses of $23K, and assets of $311K (revenue +2.2% year-over-year).
- 2021: Revenue of $4K, expenses of $30K, and assets of $282K (revenue -26.8% year-over-year).
- 2020: Revenue of $6K, expenses of $24K, and assets of $276K (revenue -83.3% year-over-year).
- 2019: Revenue of $34K, expenses of $15K, and assets of $279K (revenue -48.4% year-over-year).
- 2015: Revenue of $65K, expenses of $44K, and assets of $224K (revenue +482.9% year-over-year).
- 2014: Revenue of $11K, expenses of $23K, and assets of $225K (revenue -12.7% year-over-year).
- 2013: Revenue of $13K, expenses of $21K, and assets of $218K (revenue -25.6% year-over-year).
- 2012: Revenue of $17K, expenses of $19K, and assets of $226K (revenue +22.0% year-over-year).
- 2011: Revenue of $14K, expenses of $17K, and assets of $227K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Driesman Krichavsky Charitable Foundation Trust:
Data Sources and Methodology
This transparency report for Driesman Krichavsky Charitable Foundation Trust 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.