Khalsa University
EIN: 811426103 · Bellingham, WA · NTEE: B43
| Metric | Value |
|---|---|
| Total Revenue | $199K |
| Total Expenses | $226K |
| Net Assets | $482K |
Is Khalsa University Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Khalsa University
Khalsa University (EIN: 811426103) is a nonprofit organization based in Bellingham, WA, classified under NTEE code B43. The organization reported total revenue of $199K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Khalsa University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Khalsa University is a small nonprofit that has been operating for 4 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $226K |
| Surplus / Deficit | $-22,570 |
| Total Assets | $994K |
| Total Liabilities | $512K |
| Net Assets | $482K |
| Operating Margin | -11.1% |
| Debt-to-Asset Ratio | 51.5% |
| Months of Reserves | 52.8 months |
Financial Health Grade: C
In 2023, Khalsa University reported a deficit of $23K with expenses exceeding revenue, holds 52.8 months of operating reserves (strong position), has a debt-to-asset ratio of 51.5% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), Khalsa University's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.8% | +21.1% | -3.5% |
| 2022 | +33.7% | -10.1% | +1.4% |
| 2021 | +16.7% | +36.8% | -5.2% |
| 2020 | -64.2% | -48.5% | -3.8% |
| 2019 | +13.1% | +87.1% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Khalsa University 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 Khalsa University 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:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.5%.
Frequently Asked Questions about Khalsa University
Is Khalsa University a legitimate charity?
Khalsa University (EIN: 811426103) is a registered tax-exempt nonprofit based in Washington. It has 6 years of IRS 990 filings on record. Total revenue: $199K. No red flags identified. Financial health grade: C.
How does Khalsa University spend its money?
Khalsa University reported $199K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Khalsa University tax-deductible?
Khalsa University is registered as a tax-exempt nonprofit (EIN: 811426103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Khalsa University located?
Khalsa University is headquartered in Bellingham, Washington and files with the IRS under EIN 811426103. It is classified under NTEE code B43.
How many years of IRS 990 filings does Khalsa University have?
Khalsa University has 6 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 $199K in total revenue.
Filing History
IRS 990 filing history for Khalsa University showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Khalsa University's revenue has declined by 29.3%, moving from $287K to $203K. Total assets decreased by 9.1% over the same period, from $1.1M to $994K. Total functional expenses rose by 43.5%, from $157K to $226K. In its most recent filing year (2023), Khalsa University reported a deficit of $23K, with expenses exceeding revenue. The organization holds $512K in liabilities against $994K in assets (debt-to-asset ratio: 51.5%), resulting in net assets of $482K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $226K | $994K | $512K | — | View 990 |
| 2022 | $182K | $187K | $1.0M | $525K | — | View 990 |
| 2021 | $136K | $207K | $1.0M | $538K | — | View 990 |
| 2020 | $117K | $152K | $1.1M | $600K | — | — |
| 2019 | $325K | $294K | $1.1M | $600K | — | View 990 |
| 2018 | $287K | $157K | $1.1M | $600K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $226K, and assets of $994K (revenue +11.8% year-over-year).
- 2022: Revenue of $182K, expenses of $187K, and assets of $1.0M (revenue +33.7% year-over-year).
- 2021: Revenue of $136K, expenses of $207K, and assets of $1.0M (revenue +16.7% year-over-year).
- 2020: Revenue of $117K, expenses of $152K, and assets of $1.1M (revenue -64.2% year-over-year).
- 2019: Revenue of $325K, expenses of $294K, and assets of $1.1M (revenue +13.1% year-over-year).
- 2018: Revenue of $287K, expenses of $157K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Khalsa University:
Data Sources and Methodology
This transparency report for Khalsa University 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.