Klesse Foundation
Klesse Foundation shows strong financial growth and minimal liabilities with no officer compensation.
EIN: 202666212 · San Antonio, TX · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.4M |
| Total Expenses | $9.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $7.3M |
| Transparency Score | 95/100 |
Is Klesse Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Klesse Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Klesse Foundation
Klesse Foundation (EIN: 202666212) is a nonprofit organization based in San Antonio, TX, classified under NTEE code T22. The organization reported total revenue of $8.4M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Klesse Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Klesse Foundation is a mid-size 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 37.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.5M |
| Total Expenses | $9.7M |
| Surplus / Deficit | +$2.9M |
| Total Assets | $7.3M |
| Total Liabilities | $1 |
| Net Assets | $7.3M |
| Operating Margin | 22.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2023, Klesse Foundation reported a surplus of $2.9M with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Klesse Foundation's revenue has grown at a compound annual growth rate (CAGR) of 37.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.0% | +14.7% | -4.3% |
| 2022 | +40444.6% | +1322.2% | +17.3% |
| 2021 | -99.6% | -91.7% | -8.0% |
| 2020 | +54.1% | +22.4% | -17.9% |
| 2019 | -67.2% | +146.4% | -25.0% |
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 Klesse Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Klesse Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $2.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with assets exceeding $7 million.
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 Klesse Foundation's IRS 990 filings:
- Fluctuating revenue in some years (e.g., $23,577 in 2021 compared to $12,523,003 in 2023) could indicate reliance on large, infrequent donations or investment gains, which might not be sustainable.
Strengths
The following positive indicators were identified for Klesse Foundation:
- Consistent 0% officer compensation, indicating strong commitment to mission spending.
- Extremely low liabilities (often $1) across all filings, demonstrating excellent financial management.
- Significant growth in assets from $732,848 in 2011 to $7,317,778 in 2023, indicating strong financial health and sustainability.
- Healthy surplus in recent years (e.g., $12,523,003 revenue vs. $9,671,541 expenses in 2023).
Frequently Asked Questions about Klesse Foundation
Is Klesse Foundation a legitimate charity?
Klesse Foundation (EIN: 202666212) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $8.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Klesse Foundation spend its money?
Klesse Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Klesse Foundation tax-deductible?
Klesse Foundation is registered as a tax-exempt nonprofit (EIN: 202666212). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Klesse Foundation CEO make?
Klesse Foundation's highest-compensated officer earns $7 annually. The organization reported $8.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Klesse Foundation's spending goes to programs?
Klesse Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Klesse Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Klesse Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Klesse Foundation located?
Klesse Foundation is headquartered in San Antonio, Texas and files with the IRS under EIN 202666212. It is classified under NTEE code T22.
How many years of IRS 990 filings does Klesse Foundation have?
Klesse 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 $8.4M in total revenue.
Is the Klesse Foundation financially stable?
Yes, the Klesse Foundation appears very financially stable. Its assets have grown significantly from $732,848 in 2011 to $7,317,778 in 2023, and it consistently reports minimal liabilities (often $1).
Does the Klesse Foundation pay its officers?
No, the Klesse Foundation consistently reports 0% officer compensation across all available IRS 990 filings, indicating no salaries are paid to its officers.
How has the Klesse Foundation's revenue trended?
The Klesse Foundation's revenue has fluctuated but shows significant growth, with a peak of $12,523,003 in 2023 and $23,577,000 in 2021, demonstrating strong fundraising or investment performance in recent years.
Filing History
IRS 990 filing history for Klesse Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Klesse Foundation's revenue has grown by 4572.6%, moving from $268K to $12.5M. Total assets increased by 898.5% over the same period, from $733K to $7.3M. Total functional expenses rose by 2802.5%, from $333K to $9.7M. In its most recent filing year (2023), Klesse Foundation reported a surplus of $2.9M, with revenue exceeding expenses. The organization holds $1 in liabilities against $7.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.5M | $9.7M | $7.3M | $1 | — | — |
| 2022 | $9.6M | $8.4M | $7.6M | $1 | — | View 990 |
| 2021 | $24K | $593K | $6.5M | $1 | — | View 990 |
| 2020 | $5.6M | $7.2M | $7.1M | $1 | — | View 990 |
| 2019 | $3.6M | $5.8M | $8.6M | $1 | — | — |
| 2015 | $11.1M | $2.4M | $11.5M | $3K | — | View 990 |
| 2014 | $10.1M | $1.7M | $2.8M | $2K | — | View 990 |
| 2013 | $358K | $437K | $157K | $1 | — | View 990 |
| 2012 | $-3,249 | $410K | $319K | $1 | — | View 990 |
| 2011 | $268K | $333K | $733K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.5M, expenses of $9.7M, and assets of $7.3M (revenue +31.0% year-over-year).
- 2022: Revenue of $9.6M, expenses of $8.4M, and assets of $7.6M (revenue +40444.6% year-over-year).
- 2021: Revenue of $24K, expenses of $593K, and assets of $6.5M (revenue -99.6% year-over-year).
- 2020: Revenue of $5.6M, expenses of $7.2M, and assets of $7.1M (revenue +54.1% year-over-year).
- 2019: Revenue of $3.6M, expenses of $5.8M, and assets of $8.6M (revenue -67.2% year-over-year).
- 2015: Revenue of $11.1M, expenses of $2.4M, and assets of $11.5M (revenue +10.2% year-over-year).
- 2014: Revenue of $10.1M, expenses of $1.7M, and assets of $2.8M (revenue +2714.7% year-over-year).
- 2013: Revenue of $358K, expenses of $437K, and assets of $157K.
- 2012: Revenue of $-3,249, expenses of $410K, and assets of $319K (revenue -101.2% year-over-year).
- 2011: Revenue of $268K, expenses of $333K, and assets of $733K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Klesse Foundation:
Data Sources and Methodology
This transparency report for Klesse 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.