Krinkie Family Foundation
Krinkie Family Foundation shows consistent asset growth and zero officer compensation over six filing periods.
EIN: 200091499 · Saint Paul, MN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $214K |
| Total Expenses | $43K |
| Program Spending | 95% |
| Net Assets | $683K |
| Transparency Score | 95/100 |
Is Krinkie Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Krinkie Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Krinkie Family Foundation
Krinkie Family Foundation (EIN: 200091499) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code T22. The organization reported total revenue of $214K and total assets of $683K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Krinkie Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Krinkie Family Foundation is a small nonprofit that has been operating for 21 years, with 6 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of 14.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $43K |
| Surplus / Deficit | +$92K |
| Total Assets | $683K |
| Total Liabilities | $1 |
| Net Assets | $683K |
| Operating Margin | 68.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 189.5 months |
Financial Health Grade: A
In 2024, Krinkie Family Foundation reported a surplus of $92K with revenue exceeding expenses, holds 189.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2024), Krinkie Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +14.2% | +49.0% | +15.7% |
| 2023 | +40.2% | -3.4% | +17.9% |
| 2022 | +28.9% | +2.0% | +12.3% |
| 2021 | +40.8% | +10.1% | +8.9% |
| 2020 | +19.8% | +73.7% | +24.9% |
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 Krinkie Family 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: 95%
- fundraising: 0%
According to IRS 990 filings, Krinkie Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $92K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that no salaries are paid to officers, which is highly favorable for a foundation of this size and suggests a volunteer-driven leadership model.
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 Krinkie Family Foundation:
- Consistent revenue growth from $46,729 (2020) to $135,714 (2024).
- Strong asset growth from $409,902 (2020) to $683,169 (2024).
- Zero officer compensation across all reported periods, maximizing program funding.
- Expenses consistently well below revenue, indicating efficient operations (e.g., $43,266 expenses vs. $135,714 revenue in 2024).
- Minimal liabilities ($1 in recent years) demonstrating strong financial stability.
Frequently Asked Questions about Krinkie Family Foundation
Is Krinkie Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Krinkie Family Foundation (EIN: 200091499) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Krinkie Family Foundation spend its money?
Krinkie Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Krinkie Family Foundation tax-deductible?
Krinkie Family Foundation is registered as a tax-exempt nonprofit (EIN: 200091499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Krinkie Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Krinkie Family 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 Krinkie Family Foundation located?
Krinkie Family Foundation is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 200091499. It is classified under NTEE code T22.
How many years of IRS 990 filings does Krinkie Family Foundation have?
Krinkie Family Foundation 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 $214K in total revenue.
Is Krinkie Family Foundation a good charity?
Based on the provided financial data, the Krinkie Family Foundation appears to be a very good charity. It exhibits strong financial health with growing assets ($683,169 in 2024), very low expenses relative to revenue, and a complete absence of officer compensation, indicating that funds are primarily directed towards its mission.
How has the foundation's revenue changed over time?
The foundation's revenue has shown consistent growth, increasing from $46,729 in 2020 to $135,714 in 2024, demonstrating a positive trend in financial support.
What is the foundation's asset growth trend?
Assets have steadily grown from $409,902 in 2020 to $683,169 in 2024, indicating effective financial management and accumulation of resources for its charitable activities.
Filing History
IRS 990 filing history for Krinkie Family Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2024), Krinkie Family Foundation's revenue has grown by 247.9%, moving from $39K to $136K. Total assets increased by 108.2% over the same period, from $328K to $683K. Total functional expenses rose by 180.9%, from $15K to $43K. In its most recent filing year (2024), Krinkie Family Foundation reported a surplus of $92K, with revenue exceeding expenses. The organization holds $1 in liabilities against $683K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $683K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $136K | $43K | $683K | $1 | — | — |
| 2023 | $119K | $29K | $591K | $1 | — | View 990 |
| 2022 | $85K | $30K | $501K | $1 | — | View 990 |
| 2021 | $66K | $29K | $446K | $1 | — | View 990 |
| 2020 | $47K | $27K | $410K | $1 | — | — |
| 2015 | $39K | $15K | $328K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $136K, expenses of $43K, and assets of $683K (revenue +14.2% year-over-year).
- 2023: Revenue of $119K, expenses of $29K, and assets of $591K (revenue +40.2% year-over-year).
- 2022: Revenue of $85K, expenses of $30K, and assets of $501K (revenue +28.9% year-over-year).
- 2021: Revenue of $66K, expenses of $29K, and assets of $446K (revenue +40.8% year-over-year).
- 2020: Revenue of $47K, expenses of $27K, and assets of $410K (revenue +19.8% year-over-year).
- 2015: Revenue of $39K, expenses of $15K, and assets of $328K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Krinkie Family Foundation:
Data Sources and Methodology
This transparency report for Krinkie 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.