Kaleo On The River

Kaleo On The River consistently operates at a deficit, drawing down assets over time.

EIN: 205352701 · Burwell, NE · NTEE: N20 · Updated: 2026-03-28

$405KRevenue

$249KAssets

65/100Mission Score (Good)

N20

About Kaleo On The River

Kaleo On The River (EIN: 205352701) is a nonprofit organization based in Burwell, NE, classified under NTEE code N20. The organization reported total revenue of $405K and total assets of $249K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kaleo On The River's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Kaleo On The River demonstrates a consistent operational deficit over the past several years, with expenses frequently exceeding revenue. For instance, in 2022, revenue was $82,381 while expenses were $126,506, indicating a significant shortfall. This trend is visible across multiple periods, suggesting a reliance on existing assets or other non-revenue funding sources to cover operational costs. The organization's assets have also shown a declining trend, from a peak of $444,529 in 2018 to $277,408 in 2022, which aligns with the sustained operational deficits. 

While the organization has maintained zero liabilities in recent years (2020-2022), which is a positive indicator of financial stability in that regard, the overall financial health is challenged by the persistent spending exceeding income. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership, which can be a strength in terms of minimizing administrative overhead. However, without a detailed breakdown of expenses, it's difficult to fully assess spending efficiency beyond the top-line revenue and expense figures. 

Transparency appears to be good regarding the availability of filings and the clear reporting of key financial metrics. The consistent reporting of zero officer compensation is a notable point for transparency. However, the long-term sustainability of the organization is a concern given the consistent negative net income, which has led to a reduction in assets over time. A more detailed look into the nature of their expenses would be beneficial to understand where the funds are being allocated.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kaleo On The River 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: 80%
fundraising: 5%

According to IRS 990 filings, Kaleo On The River allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all filings, indicating a volunteer-led organization or that compensation is covered by other entities, which is a positive for minimizing administrative costs relative to the organization's 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 Kaleo On The River's IRS 990 filings:

Consistent operational deficits (expenses exceeding revenue) across multiple years.
Declining asset base, indicating a draw-down of reserves to cover costs.
Significant drop in revenue from 2017 ($297,447) to 2022 ($82,381).

Strengths

The following positive indicators were identified for Kaleo On The River:

Zero reported officer compensation, suggesting volunteer leadership and low administrative overhead.
Zero liabilities reported in recent years (2020-2022), indicating good debt management.
Consistent filing history, demonstrating transparency and compliance.

Frequently Asked Questions about Kaleo On The River

Is Kaleo On The River financially sustainable?

Based on the consistent operational deficits (e.g., $82,381 revenue vs. $126,506 expenses in 2022) and declining assets, the current financial model appears unsustainable in the long term without significant changes to revenue generation or expense management.

How does Kaleo On The River cover its operational deficits?

The organization appears to be covering its operational deficits by drawing down its assets, which have decreased from $444,529 in 2018 to $277,408 in 2022.

What is the trend in Kaleo On The River's revenue?

Revenue has fluctuated but generally shows a downward trend in recent years, from $297,447 in 2017 to $82,381 in 2022, indicating a challenge in maintaining funding levels.

Filing History

IRS 990 filing history for Kaleo On The River showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2014–2022), Kaleo On The River's revenue has declined by 60%, moving from $206K to $82K. Total assets increased by 3% over the same period, from $269K to $277K. Total functional expenses fell by 44.4%, from $227K to $127K. In its most recent filing year (2022), Kaleo On The River reported a deficit of $44K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$82K	$127K	$277K	$0	—	—
2021	$87K	$121K	$322K	$0	—	—
2020	$81K	$117K	$355K	$0	—	—
2019	$89K	$129K	$400K	$6K	—	View 990
2018	$184K	$179K	$445K	$5K	—	View 990
2017	$297K	$190K	$443K	$8K	—	View 990
2016	$278K	$224K	$350K	$20K	—	View 990
2015	$179K	$173K	$295K	$20K	—	View 990
2014	$206K	$227K	$269K	$312	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $82K, expenses of $127K, and assets of $277K (revenue -5.2% year-over-year).
2021: Revenue of $87K, expenses of $121K, and assets of $322K (revenue +7.0% year-over-year).
2020: Revenue of $81K, expenses of $117K, and assets of $355K (revenue -9.1% year-over-year).
2019: Revenue of $89K, expenses of $129K, and assets of $400K (revenue -51.4% year-over-year).
2018: Revenue of $184K, expenses of $179K, and assets of $445K (revenue -38.2% year-over-year).
2017: Revenue of $297K, expenses of $190K, and assets of $443K (revenue +6.9% year-over-year).
2016: Revenue of $278K, expenses of $224K, and assets of $350K (revenue +55.6% year-over-year).
2015: Revenue of $179K, expenses of $173K, and assets of $295K (revenue -13.2% year-over-year).
2014: Revenue of $206K, expenses of $227K, and assets of $269K.

Data Sources and Methodology

This transparency report for Kaleo On The River 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.