Harlan & Virginia Krumme Chartiable Trust

EIN: 731604802 · Sand Springs, OK · NTEE: T20

$115KRevenue
$1.2MAssets
0/100Mission Score (Very Poor)
T20
Harlan & Virginia Krumme Chartiable Trust Financial Summary
MetricValue
Total Revenue$115K
Total Expenses$102K
Net Assets$1.2M

Is Harlan & Virginia Krumme Chartiable Trust Legit?

Insufficient Data

GoodFiling Consistency
UnknownSpending Efficiency
LimitedTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

About Harlan & Virginia Krumme Chartiable Trust

Harlan & Virginia Krumme Chartiable Trust (EIN: 731604802) is a nonprofit organization based in Sand Springs, OK, classified under NTEE code T20. The organization reported total revenue of $115K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harlan & Virginia Krumme Chartiable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

25Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Harlan & Virginia Krumme Chartiable Trust is a small nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -16.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$14K
Total Expenses$102K
Surplus / Deficit$-87,923
Total Assets$1.2M
Total Liabilities$1
Net Assets$1.2M
Operating Margin-627.0%
Debt-to-Asset Ratio0.0%
Months of Reserves140.5 months

Financial Health Grade: B

In 2023, Harlan & Virginia Krumme Chartiable Trust reported a deficit of $88K with expenses exceeding revenue, holds 140.5 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), Harlan & Virginia Krumme Chartiable Trust's revenue has declined at a compound annual growth rate (CAGR) of -16.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-93.8%-3.3%-6.9%
2022-49.3%+14.5%+10.4%
2021+807.8%+562.6%+46.0%
2020+131.3%+0.0%
2019+155.7%-100.0%-10.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2001

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Analysis Pending

AI enrichment for Harlan & Virginia Krumme Chartiable Trust 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 Harlan & Virginia Krumme Chartiable Trust 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:

$14KTotal Revenue
$102KTotal Expenses
$1.2MTotal Assets
$1Total Liabilities
$1.2MNet Assets

Frequently Asked Questions about Harlan & Virginia Krumme Chartiable Trust

Is Harlan & Virginia Krumme Chartiable Trust a legitimate charity?

Based on AI analysis of IRS 990 filings, Harlan & Virginia Krumme Chartiable Trust (EIN: 731604802) insufficient data. 0 red flags identified, 0 strengths noted.

How does Harlan & Virginia Krumme Chartiable Trust spend its money?

Detailed spending breakdown data is not yet available for Harlan & Virginia Krumme Chartiable Trust. Check back for updated IRS 990 analysis.

Are donations to Harlan & Virginia Krumme Chartiable Trust tax-deductible?

Harlan & Virginia Krumme Chartiable Trust is registered as a tax-exempt nonprofit (EIN: 731604802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Harlan & Virginia Krumme Chartiable Trust located?

Harlan & Virginia Krumme Chartiable Trust is headquartered in Sand Springs, Oklahoma and files with the IRS under EIN 731604802. It is classified under NTEE code T20.

How many years of IRS 990 filings does Harlan & Virginia Krumme Chartiable Trust have?

Harlan & Virginia Krumme Chartiable Trust 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 $115K in total revenue.

Filing History

IRS 990 filing history for Harlan & Virginia Krumme Chartiable Trust showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Harlan & Virginia Krumme Chartiable Trust's revenue has declined by 88.2%, moving from $119K to $14K. Total assets increased by 80.2% over the same period, from $663K to $1.2M. Total functional expenses rose by 218.1%, from $32K to $102K. In its most recent filing year (2023), Harlan & Virginia Krumme Chartiable Trust reported a deficit of $88K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $14K $102K $1.2M $1 View 990
2022 $227K $105K $1.3M $1 View 990
2021 $447K $92K $1.2M $1 View 990
2020 $49K $14K $795K $1
2019 $21K $0 $794K $1 View 990
2015 $8K $45K $890K $0 View 990
2014 $115K $40K $927K $0 View 990
2013 $124K $28K $851K $0 View 990
2012 $123K $30K $756K $0 View 990
2011 $119K $32K $663K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Harlan & Virginia Krumme Chartiable Trust:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Harlan & Virginia Krumme Chartiable 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.

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