Jonathan D Krist Foundation
Jonathan D Krist Foundation experienced a significant financial deficit and asset decline in 2023.
EIN: 205317072 · Boothbay Harbor, ME · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $477K |
| Total Expenses | $530K |
| Program Spending | 75% |
| Net Assets | $9K |
| Transparency Score | 65/100 |
Is Jonathan D Krist Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jonathan D Krist Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jonathan D Krist Foundation
Jonathan D Krist Foundation (EIN: 205317072) is a nonprofit organization based in Boothbay Harbor, ME, classified under NTEE code B82. The organization reported total revenue of $477K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jonathan D Krist Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jonathan D Krist Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $530K |
| Surplus / Deficit | $-447,872 |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | -543.1% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2023, Jonathan D Krist Foundation reported a deficit of $448K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Jonathan D Krist Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +93.6% | +1004.3% | -98.3% |
| 2022 | -61.6% | +17.6% | -9.1% |
| 2021 | -2.0% | -25.4% | +25.2% |
| 2020 | -50.6% | +5.4% | +19.9% |
| 2019 | +929.8% | +8.6% | +128.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
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 Jonathan D Krist Foundation with a Mission Score of 65 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Jonathan D Krist Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $448K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or directors received compensation, which is highly favorable for a nonprofit of this size.
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 Jonathan D Krist Foundation's IRS 990 filings:
- Significant financial deficit in 2023 ($82,462 revenue vs. $530,334 expenses).
- Dramatic decline in assets from $527,405 in 2022 to $8,989 in 2023.
- Highly inconsistent revenue and expense patterns over the past decade.
Strengths
The following positive indicators were identified for Jonathan D Krist Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of donor funds for leadership.
- No reported liabilities in any of the available filing periods, suggesting good debt management.
- Consistent filing of IRS 990 forms, demonstrating transparency in reporting.
Frequently Asked Questions about Jonathan D Krist Foundation
Is Jonathan D Krist Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jonathan D Krist Foundation (EIN: 205317072) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Jonathan D Krist Foundation spend its money?
Jonathan D Krist Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jonathan D Krist Foundation tax-deductible?
Jonathan D Krist Foundation is registered as a tax-exempt nonprofit (EIN: 205317072). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jonathan D Krist Foundation's spending goes to programs?
Jonathan D Krist Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jonathan D Krist Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Jonathan D Krist Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jonathan D Krist Foundation located?
Jonathan D Krist Foundation is headquartered in Boothbay Harbor, Maine and files with the IRS under EIN 205317072. It is classified under NTEE code B82.
How many years of IRS 990 filings does Jonathan D Krist Foundation have?
Jonathan D Krist Foundation has 13 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 $477K in total revenue.
What caused the substantial increase in expenses to $530,334 in 2023, given the historical expense levels?
The IRS 990 data shows a significant jump in expenses in 2023 compared to previous years, where expenses typically ranged from $30,000 to $55,000. Further details from the full 990 filing would be needed to understand the nature of these expenditures.
Why did the organization's assets decrease from $527,405 in 2022 to $8,989 in 2023?
This drastic reduction in assets, coupled with the high expenses in 2023, suggests a significant depletion of reserves or a major asset disposition. The specific reasons would be detailed in the organization's financial statements.
How does the organization plan to address the significant deficit incurred in 2023?
With revenue of $82,462 against expenses of $530,334 in 2023, the organization faced a substantial deficit. Future filings would show if this trend continues or if new strategies are implemented to improve financial stability.
Filing History
IRS 990 filing history for Jonathan D Krist Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jonathan D Krist Foundation's revenue has grown by 53.2%, moving from $54K to $82K. Total assets decreased by 91.6% over the same period, from $107K to $9K. Total functional expenses rose by 1470.8%, from $34K to $530K. In its most recent filing year (2023), Jonathan D Krist Foundation reported a deficit of $448K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82K | $530K | $9K | $0 | — | — |
| 2022 | $43K | $48K | $527K | $0 | — | — |
| 2021 | $111K | $41K | $580K | $0 | — | — |
| 2020 | $113K | $55K | $464K | $0 | — | — |
| 2019 | $229K | $52K | $387K | $0 | — | View 990 |
| 2018 | $22K | $48K | $169K | $0 | — | View 990 |
| 2017 | $58K | $36K | $204K | $0 | — | View 990 |
| 2016 | $64K | $48K | $156K | $0 | — | View 990 |
| 2015 | $30K | $32K | $140K | $0 | — | View 990 |
| 2014 | $42K | $39K | $142K | $0 | — | View 990 |
| 2013 | $63K | $41K | $139K | $0 | — | View 990 |
| 2012 | $42K | $32K | $117K | $0 | — | View 990 |
| 2011 | $54K | $34K | $107K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82K, expenses of $530K, and assets of $9K (revenue +93.6% year-over-year).
- 2022: Revenue of $43K, expenses of $48K, and assets of $527K (revenue -61.6% year-over-year).
- 2021: Revenue of $111K, expenses of $41K, and assets of $580K (revenue -2.0% year-over-year).
- 2020: Revenue of $113K, expenses of $55K, and assets of $464K (revenue -50.6% year-over-year).
- 2019: Revenue of $229K, expenses of $52K, and assets of $387K (revenue +929.8% year-over-year).
- 2018: Revenue of $22K, expenses of $48K, and assets of $169K (revenue -61.4% year-over-year).
- 2017: Revenue of $58K, expenses of $36K, and assets of $204K (revenue -9.2% year-over-year).
- 2016: Revenue of $64K, expenses of $48K, and assets of $156K (revenue +113.3% year-over-year).
- 2015: Revenue of $30K, expenses of $32K, and assets of $140K (revenue -28.8% year-over-year).
- 2014: Revenue of $42K, expenses of $39K, and assets of $142K (revenue -33.6% year-over-year).
- 2013: Revenue of $63K, expenses of $41K, and assets of $139K (revenue +49.4% year-over-year).
- 2012: Revenue of $42K, expenses of $32K, and assets of $117K (revenue -21.6% year-over-year).
- 2011: Revenue of $54K, expenses of $34K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jonathan D Krist Foundation:
Data Sources and Methodology
This transparency report for Jonathan D Krist 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.