Kanter Kallman Foundation Inc
Kanter Kallman Foundation's assets have declined by over 50% in a decade due to consistent deficit spending.
EIN: 136206770 · Albuquerque, NM · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $172K |
| Total Expenses | $153K |
| Program Spending | 70% |
| Net Assets | $833K |
| Transparency Score | 45/100 |
Is Kanter Kallman Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kanter Kallman Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Kanter Kallman Foundation Inc
Kanter Kallman Foundation Inc (EIN: 136206770) is a nonprofit organization based in Albuquerque, NM. The organization reported total revenue of $172K and total assets of $766K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kanter Kallman Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kanter Kallman Foundation Inc is a small nonprofit that has been operating for 63 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $153K |
| Surplus / Deficit | $-115,788 |
| Total Assets | $833K |
| Total Liabilities | $1 |
| Net Assets | $833K |
| Operating Margin | -311.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 65.4 months |
Financial Health Grade: B
In 2023, Kanter Kallman Foundation Inc reported a deficit of $116K with expenses exceeding revenue, holds 65.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2023), Kanter Kallman Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.0% | +3.1% | -11.3% |
| 2022 | -38.1% | +17.8% | -19.3% |
| 2019 | +122.4% | -26.7% | -30.5% |
| 2015 | -54.9% | +17.3% | +13.9% |
| 2014 | -19.9% | -21.8% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1963 |
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 Kanter Kallman Foundation Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Kanter Kallman Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $116K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of its size and suggests a volunteer-led structure or that compensation is reported elsewhere.
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 Kanter Kallman Foundation Inc's IRS 990 filings:
- Consistent and significant decline in assets, from $1,755,897 in 2011 to $833,077 in 2023.
- Expenses consistently exceeding revenue, indicating unsustainable deficit spending (e.g., 2023 revenue $37,172 vs. expenses $152,960).
- Significant decrease in revenue over the past decade, from $152,454 in 2011 to $37,172 in 2023.
- Lack of detailed spending breakdown (program, admin, fundraising) in the provided summary data, hindering full efficiency assessment.
Strengths
The following positive indicators were identified for Kanter Kallman Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating transparency in executive pay.
- Minimal to no reported liabilities across most filing periods.
Frequently Asked Questions about Kanter Kallman Foundation Inc
Is Kanter Kallman Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kanter Kallman Foundation Inc (EIN: 136206770) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Kanter Kallman Foundation Inc spend its money?
Kanter Kallman Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kanter Kallman Foundation Inc tax-deductible?
Kanter Kallman Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136206770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kanter Kallman Foundation Inc's spending goes to programs?
Kanter Kallman Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Kanter Kallman Foundation Inc located?
Kanter Kallman Foundation Inc is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 136206770.
How many years of IRS 990 filings does Kanter Kallman Foundation Inc have?
Kanter Kallman Foundation Inc has 8 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 $172K in total revenue.
What is the specific mission and program work of the Kanter Kallman Foundation Inc.?
The provided data does not specify the NTEE code or a detailed mission statement, making it difficult to understand the organization's programmatic focus.
How does the organization cover its consistent operational deficits?
The organization appears to be covering its operational deficits by drawing down its assets, as evidenced by the decline from $1,755,897 in 2011 to $833,077 in 2023, rather than through new revenue.
What is the long-term financial strategy to address declining revenue and assets?
The provided data does not include information on the organization's financial strategy to reverse the trend of declining revenue and assets.
Filing History
IRS 990 filing history for Kanter Kallman Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Kanter Kallman Foundation Inc's revenue has declined by 75.6%, moving from $152K to $37K. Total assets decreased by 52.6% over the same period, from $1.8M to $833K. Total functional expenses rose by 2.3%, from $150K to $153K. In its most recent filing year (2023), Kanter Kallman Foundation Inc reported a deficit of $116K, with expenses exceeding revenue. The organization holds $1 in liabilities against $833K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $833K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $153K | $833K | $1 | — | — |
| 2022 | $43K | $148K | $939K | $1 | — | View 990 |
| 2019 | $69K | $126K | $1.2M | $0 | — | View 990 |
| 2015 | $31K | $172K | $1.7M | $1 | — | View 990 |
| 2014 | $69K | $146K | $1.5M | $0 | — | View 990 |
| 2013 | $86K | $187K | $1.5M | $0 | — | View 990 |
| 2012 | $97K | $193K | $1.7M | $0 | — | View 990 |
| 2011 | $152K | $150K | $1.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $153K, and assets of $833K (revenue -13.0% year-over-year).
- 2022: Revenue of $43K, expenses of $148K, and assets of $939K (revenue -38.1% year-over-year).
- 2019: Revenue of $69K, expenses of $126K, and assets of $1.2M (revenue +122.4% year-over-year).
- 2015: Revenue of $31K, expenses of $172K, and assets of $1.7M (revenue -54.9% year-over-year).
- 2014: Revenue of $69K, expenses of $146K, and assets of $1.5M (revenue -19.9% year-over-year).
- 2013: Revenue of $86K, expenses of $187K, and assets of $1.5M (revenue -11.3% year-over-year).
- 2012: Revenue of $97K, expenses of $193K, and assets of $1.7M (revenue -36.5% year-over-year).
- 2011: Revenue of $152K, expenses of $150K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kanter Kallman Foundation Inc:
Data Sources and Methodology
This transparency report for Kanter Kallman Foundation Inc 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.