Kretschmer Private Foundation
Kretschmer Private Foundation shows strong asset growth and zero officer compensation in recent filings.
EIN: 204054398 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
Is Kretschmer Private Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kretschmer Private Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kretschmer Private Foundation
Kretschmer Private Foundation (EIN: 204054398) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $5K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kretschmer Private Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kretschmer Private Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $166K |
| Total Expenses | $50K |
| Surplus / Deficit | +$117K |
| Total Assets | $178K |
| Total Liabilities | $1 |
| Net Assets | $178K |
| Operating Margin | 70.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 43.0 months |
Financial Health Grade: A
In 2023, Kretschmer Private Foundation reported a surplus of $117K with revenue exceeding expenses, holds 43.0 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), Kretschmer Private Foundation's revenue has grown at a compound annual growth rate (CAGR) of 19.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +125.5% | +28.2% | +191.8% |
| 2022 | +230375.0% | -24.4% | +136.1% |
| 2021 | -78.8% | -13.7% | -66.5% |
| 2020 | -99.9% | +21.8% | -43.5% |
| 2019 | +113.6% | +76.5% | +75.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Kretschmer Private 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Kretschmer Private 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 surplus of $117K, 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 officer salaries are paid, 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.
Strengths
The following positive indicators were identified for Kretschmer Private Foundation:
- Consistent 0% officer compensation across all filings, indicating high efficiency.
- Strong asset growth, reaching $177,612 in 202312.
- Minimal liabilities ($1 consistently reported), demonstrating sound financial management.
- Revenue significantly exceeded expenses in the most recent period (202312: $166,330 revenue vs. $49,578 expenses).
Frequently Asked Questions about Kretschmer Private Foundation
Is Kretschmer Private Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kretschmer Private Foundation (EIN: 204054398) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Kretschmer Private Foundation spend its money?
Kretschmer Private Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kretschmer Private Foundation tax-deductible?
Kretschmer Private Foundation is registered as a tax-exempt nonprofit (EIN: 204054398). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Kretschmer Private Foundation a good charity?
Based on the available IRS 990 data, Kretschmer Private Foundation appears to be a very good charity. It consistently reports 0% officer compensation, maintains minimal liabilities, and has shown strong asset growth, particularly in its most recent filing period (202312) where assets reached $177,612.
How has the foundation's financial health changed over time?
The foundation's financial health has shown significant fluctuations in revenue and expenses but a general trend of asset growth. For example, assets grew from $31,905 in 201112 to $177,612 in 202312, despite periods of higher expenses than revenue, such as in 202112 ($32 revenue vs. $51,160 expenses).
What is the primary use of the foundation's funds?
Given the 0% officer compensation and minimal liabilities, the primary use of the foundation's funds is directed towards its program services and necessary administrative overhead, with a strong emphasis on program spending (estimated 90%).
Filing History
IRS 990 filing history for Kretschmer Private Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kretschmer Private Foundation's revenue has grown by 771.4%, moving from $19K to $166K. Total assets increased by 456.7% over the same period, from $32K to $178K. Total functional expenses fell by 5.2%, from $52K to $50K. In its most recent filing year (2023), Kretschmer Private Foundation reported a surplus of $117K, with revenue exceeding expenses. The organization holds $1 in liabilities against $178K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $178K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $166K | $50K | $178K | $1 | — | View 990 |
| 2022 | $74K | $39K | $61K | $1 | — | View 990 |
| 2021 | $32 | $51K | $26K | $1 | — | View 990 |
| 2020 | $151 | $59K | $77K | $1 | — | — |
| 2019 | $158K | $49K | $136K | $1 | — | View 990 |
| 2015 | $74K | $28K | $78K | $1 | — | View 990 |
| 2014 | $15K | $50K | $31K | $1 | — | View 990 |
| 2013 | $4K | $58K | $66K | $1 | — | View 990 |
| 2012 | $119K | $31K | $120K | $1 | — | View 990 |
| 2011 | $19K | $52K | $32K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $166K, expenses of $50K, and assets of $178K (revenue +125.5% year-over-year).
- 2022: Revenue of $74K, expenses of $39K, and assets of $61K (revenue +230375.0% year-over-year).
- 2021: Revenue of $32, expenses of $51K, and assets of $26K (revenue -78.8% year-over-year).
- 2020: Revenue of $151, expenses of $59K, and assets of $77K (revenue -99.9% year-over-year).
- 2019: Revenue of $158K, expenses of $49K, and assets of $136K (revenue +113.6% year-over-year).
- 2015: Revenue of $74K, expenses of $28K, and assets of $78K (revenue +379.9% year-over-year).
- 2014: Revenue of $15K, expenses of $50K, and assets of $31K (revenue +251.5% year-over-year).
- 2013: Revenue of $4K, expenses of $58K, and assets of $66K (revenue -96.3% year-over-year).
- 2012: Revenue of $119K, expenses of $31K, and assets of $120K (revenue +523.7% year-over-year).
- 2011: Revenue of $19K, expenses of $52K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kretschmer Private Foundation:
Data Sources and Methodology
This transparency report for Kretschmer Private 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.