Kenneth M Begelman Md Charitable Foundation
Kenneth M Begelman Md Charitable Foundation's revenue sharply declined to $144 in 2023, with assets at $692.
EIN: 202407322 · Jackson, WY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $144 |
| Total Expenses | $1K |
| Program Spending | 90% |
| Net Assets | $691 |
| Transparency Score | 65/100 |
Is Kenneth M Begelman Md Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kenneth M Begelman Md Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kenneth M Begelman Md Charitable Foundation
Kenneth M Begelman Md Charitable Foundation (EIN: 202407322) is a nonprofit organization based in Jackson, WY, classified under NTEE code B82. The organization reported total revenue of $144 and total assets of $692 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kenneth M Begelman Md Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kenneth M Begelman Md Charitable Foundation is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -37.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $144 |
| Total Expenses | $1K |
| Surplus / Deficit | $-856 |
| Total Assets | $692 |
| Total Liabilities | $1 |
| Net Assets | $691 |
| Operating Margin | -594.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 8.3 months |
Financial Health Grade: B
In 2023, Kenneth M Begelman Md Charitable Foundation reported a deficit of $856 with expenses exceeding revenue, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Kenneth M Begelman Md Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -37.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -99.7% | -97.7% | -55.3% |
| 2022 | +27.1% | +38.1% | -44.4% |
| 2021 | +2.7% | -4.2% | +159.4% |
| 2020 | -10.6% | -10.9% | -31.7% |
| 2019 | +9.5% | +14.8% | -51.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Kenneth M Begelman Md Charitable 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Kenneth M Begelman Md Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $856, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or directors receive salaries from the organization, which is highly efficient for an organization 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 Kenneth M Begelman Md Charitable Foundation's IRS 990 filings:
- Sharp decline in revenue to $144 in 202312, significantly below historical levels.
- Expenses ($1,000) exceeded revenue ($144) in 202312, further depleting assets.
- Consistent decline in assets from $5,332 in 201112 to $692 in 202312.
Strengths
The following positive indicators were identified for Kenneth M Begelman Md Charitable Foundation:
- Consistently reports 0% officer compensation, indicating efficient use of funds for executive salaries.
- Consistent filing of IRS Form 990, demonstrating transparency in financial reporting.
Frequently Asked Questions about Kenneth M Begelman Md Charitable Foundation
Is Kenneth M Begelman Md Charitable Foundation a legitimate charity?
Kenneth M Begelman Md Charitable Foundation (EIN: 202407322) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $144. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Kenneth M Begelman Md Charitable Foundation spend its money?
Kenneth M Begelman Md Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Kenneth M Begelman Md Charitable Foundation tax-deductible?
Kenneth M Begelman Md Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 202407322). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kenneth M Begelman Md Charitable Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Kenneth M Begelman Md Charitable 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 Kenneth M Begelman Md Charitable Foundation located?
Kenneth M Begelman Md Charitable Foundation is headquartered in Jackson, Wyoming and files with the IRS under EIN 202407322. It is classified under NTEE code B82.
How many years of IRS 990 filings does Kenneth M Begelman Md Charitable Foundation have?
Kenneth M Begelman Md Charitable Foundation 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 $144 in total revenue.
Is the Kenneth M Begelman Md Charitable Foundation still actively making grants?
Given the 202312 revenue of $144 and expenses of $1,000, and declining assets, it's questionable whether the foundation is actively making significant grants. The financial data suggests very limited operational capacity.
Why did the foundation's revenue drop so dramatically in 2023?
The revenue dropped from $41,455 in 202212 to $144 in 202312. The IRS 990 filings do not provide specific reasons for such fluctuations, but it could indicate a change in funding sources, a decision to reduce activity, or a one-time event.
What is the long-term financial outlook for this foundation?
With assets declining from over $5,000 in 2011 to $692 in 2023, and extremely low recent revenue, the long-term financial outlook appears challenging, suggesting the foundation may be winding down or operating at a minimal level.
Filing History
IRS 990 filing history for Kenneth M Begelman Md Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kenneth M Begelman Md Charitable Foundation's revenue has declined by 99.6%, moving from $40K to $144. Total assets decreased by 87% over the same period, from $5K to $692. Total functional expenses fell by 97.5%, from $40K to $1K. In its most recent filing year (2023), Kenneth M Begelman Md Charitable Foundation reported a deficit of $856, with expenses exceeding revenue. The organization holds $1 in liabilities against $692 in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $691.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $144 | $1K | $692 | $1 | — | — |
| 2022 | $41K | $43K | $2K | $1 | — | View 990 |
| 2021 | $33K | $31K | $3K | $1 | — | — |
| 2020 | $32K | $32K | $1K | $1 | — | — |
| 2019 | $36K | $36K | $2K | $1 | — | View 990 |
| 2015 | $32K | $32K | $3K | $1 | — | View 990 |
| 2014 | $33K | $35K | $2K | $1 | — | View 990 |
| 2013 | $35K | $35K | $5K | $1 | — | View 990 |
| 2012 | $35K | $35K | $5K | $1 | — | View 990 |
| 2011 | $40K | $40K | $5K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $144, expenses of $1K, and assets of $692 (revenue -99.7% year-over-year).
- 2022: Revenue of $41K, expenses of $43K, and assets of $2K (revenue +27.1% year-over-year).
- 2021: Revenue of $33K, expenses of $31K, and assets of $3K (revenue +2.7% year-over-year).
- 2020: Revenue of $32K, expenses of $32K, and assets of $1K (revenue -10.6% year-over-year).
- 2019: Revenue of $36K, expenses of $36K, and assets of $2K (revenue +9.5% year-over-year).
- 2015: Revenue of $32K, expenses of $32K, and assets of $3K (revenue -0.7% year-over-year).
- 2014: Revenue of $33K, expenses of $35K, and assets of $2K (revenue -6.4% year-over-year).
- 2013: Revenue of $35K, expenses of $35K, and assets of $5K (revenue -1.0% year-over-year).
- 2012: Revenue of $35K, expenses of $35K, and assets of $5K (revenue -11.9% year-over-year).
- 2011: Revenue of $40K, expenses of $40K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kenneth M Begelman Md Charitable Foundation:
Data Sources and Methodology
This transparency report for Kenneth M Begelman Md Charitable 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.