Kramer Family Foundation
EIN: 863890987 · New Hampton, IA · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $512K |
| Total Expenses | $90K |
| Net Assets | $1.8M |
Is Kramer Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kramer Family Foundation
Kramer Family Foundation (EIN: 863890987) is a nonprofit organization based in New Hampton, IA, classified under NTEE code T20. The organization reported total revenue of $512K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kramer Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kramer Family Foundation is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -659.8% | +1.4% | +12.1% |
| 2022 | -99.9% | +6.5% | -18.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kramer Family Foundation 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 Kramer Family Foundation 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:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Kramer Family Foundation
Is Kramer Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kramer Family Foundation (EIN: 863890987) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kramer Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Kramer Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Kramer Family Foundation tax-deductible?
Kramer Family Foundation is registered as a tax-exempt nonprofit (EIN: 863890987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kramer Family Foundation located?
Kramer Family Foundation is headquartered in New Hampton, Iowa and files with the IRS under EIN 863890987. It is classified under NTEE code T20.
How many years of IRS 990 filings does Kramer Family Foundation have?
Kramer Family Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $512K in total revenue.
Filing History
IRS 990 filing history for Kramer Family Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Kramer Family Foundation's revenue has declined by 100.7%, moving from $2.0M to $-13,020. Total assets decreased by 8.8% over the same period, from $1.9M to $1.8M. Total functional expenses rose by 8%, from $83K to $90K. The organization holds $1 in liabilities against $1.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-13,020 | $90K | $1.8M | $1 | — | — |
| 2022 | $2K | $89K | $1.6M | $1 | — | — |
| 2021 | $2.0M | $83K | $1.9M | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $-13,020, expenses of $90K, and assets of $1.8M (revenue -659.8% year-over-year).
- 2022: Revenue of $2K, expenses of $89K, and assets of $1.6M (revenue -99.9% year-over-year).
- 2021: Revenue of $2.0M, expenses of $83K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kramer Family Foundation:
Data Sources and Methodology
This transparency report for Kramer Family 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.