Krishna Bhakti Seva Sangh

Krishna Bhakti Seva Sangh consistently reports minimal expenses and zero officer compensation while accumulating significant assets.

EIN: 141862809 · New Brighton, MN · NTEE: X70 · Updated: 2026-03-28

$230KRevenue
$2.8MAssets
85/100Mission Score (Excellent)
X70
Krishna Bhakti Seva Sangh Financial Summary
MetricValue
Total Revenue$230K
Total Expenses$10K
Program Spending95%
Net Assets$2.4M
Transparency Score85/100

Search Intent Cockpit

Krishna Bhakti Seva Sangh Form 990, Revenue, CEO Pay, and IRS Filing Signals

Krishna Bhakti Seva Sangh is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Krishna Bhakti Seva Sangh in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $173K and expenses of $10K.

Revenue and Expenses

Krishna Bhakti Seva Sangh reported $173K in revenue and $10K in expenses, a surplus of $163K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 3 red flags, and 4 strengths are shown from structured and AI review.

Is Krishna Bhakti Seva Sangh Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
95%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Krishna Bhakti Seva Sangh Expense Deployment
Program services$9K (95%)

Across stored filings, Krishna Bhakti Seva Sangh shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Krishna Bhakti Seva Sangh Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend95% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with North American Lake Management SocietyMinnesota and Religion context

Trust Check

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Krishna Bhakti Seva Sangh directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Krishna Bhakti Seva Sangh

Krishna Bhakti Seva Sangh (EIN: 141862809) is a nonprofit organization based in New Brighton, MN, classified under NTEE code X70. The organization reported total revenue of $230K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Krishna Bhakti Seva Sangh's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

23Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Krishna Bhakti Seva Sangh is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$173K
Total Expenses$10K
Surplus / Deficit+$163K
Total Assets$2.4M
Net Assets$2.4M
Operating Margin94.4%
Months of Reserves3014.8 months

Financial Health Grade: A

In 2023, Krishna Bhakti Seva Sangh reported a surplus of $163K with revenue exceeding expenses, holds 3014.8 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Krishna Bhakti Seva Sangh's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023-9.5%-38.8%+14.5%
2022-51.3%+916.5%+3.9%
2021+81.7%+2.0%+38.1%
2020+27.8%-77.6%+18.3%
2019+28.8%-0.3%+21.9%

IRS Tax-Exempt Classification

IRS Classification Codes1700
IRS Ruling Date2003

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Krishna Bhakti Seva Sangh demonstrates strong financial health with consistently growing assets and minimal liabilities. The organization's assets have grown significantly from $500,141 in 2014 to $2,418,620 in 2023, indicating effective asset management and accumulation. A notable aspect of their financial operations is the extremely low reported expenses relative to revenue across all years. For instance, in 2023, expenses were only $9,627 against revenues of $172,755, and in 2021, expenses were a mere $1,548 against $392,244 in revenue. This suggests that a very high proportion of their revenue is either retained or directly applied to their mission without significant overhead. The organization's spending efficiency appears exceptionally high, given the low expense figures. However, the consistently low expenses relative to revenue, especially with zero reported officer compensation, raises questions about the full scope of their operational activities and how their mission is being executed. While low overhead is generally positive, such minimal expenses could also indicate that certain operational costs or program activities are not fully captured or are being supported by non-monetary means. The absence of liabilities across all reported periods further underscores a conservative and stable financial position. Transparency is generally good with consistent annual filings. The zero officer compensation reported across all 13 filings is a significant point, suggesting a volunteer-led or very lean leadership structure. This contributes to their low administrative costs but also warrants a deeper understanding of how leadership is compensated or supported, if at all, to ensure sustainability and proper governance. Overall, the organization appears financially robust and efficient in its reported spending, but the extremely low expense ratios warrant further inquiry into their operational model.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Krishna Bhakti Seva Sangh with a Mission Score of 85 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, Krishna Bhakti Seva Sangh 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 (2023)

From the most recent IRS 990 filing on record:

$173KTotal Revenue
$10KTotal Expenses
$2.4MTotal Assets
$2.4MNet Assets
  • The organization reported a surplus of $163K, with revenue exceeding expenses.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all 13 filings, indicating a volunteer-led structure or that executive services are provided pro bono, which significantly contributes to their low overhead.

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 Krishna Bhakti Seva Sangh's IRS 990 filings:

  • Extremely low reported expenses relative to revenue, potentially obscuring full operational costs or indicating limited direct program spending.
  • Consistent zero officer compensation across all filings, which, while efficient, can sometimes indicate a lack of formal governance structure or unrecorded benefits.
  • Significant asset accumulation without clear corresponding program expenditures, raising questions about the immediate deployment of funds for charitable purposes.

Strengths

The following positive indicators were identified for Krishna Bhakti Seva Sangh:

  • Strong financial health with consistently growing assets, increasing from $500,141 in 2014 to $2,418,620 in 2023.
  • Zero reported liabilities across all 13 filings, indicating excellent financial stability and risk management.
  • Extremely low overhead and administrative costs, as evidenced by minimal reported expenses.
  • Consistent annual IRS 990 filings, demonstrating good transparency in reporting.

Frequently Asked Questions about Krishna Bhakti Seva Sangh

Is Krishna Bhakti Seva Sangh a legitimate charity?

Krishna Bhakti Seva Sangh (EIN: 141862809) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $230K. 3 red flags identified. 4 strengths noted. Financial health grade: A.

How does Krishna Bhakti Seva Sangh spend its money?

Krishna Bhakti Seva Sangh directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Krishna Bhakti Seva Sangh tax-deductible?

Krishna Bhakti Seva Sangh is registered as a tax-exempt nonprofit (EIN: 141862809). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Krishna Bhakti Seva Sangh compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Krishna Bhakti Seva Sangh is above average for NTEE category X70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Krishna Bhakti Seva Sangh located?

Krishna Bhakti Seva Sangh is headquartered in New Brighton, Minnesota and files with the IRS under EIN 141862809. It is classified under NTEE code X70.

How many years of IRS 990 filings does Krishna Bhakti Seva Sangh have?

Krishna Bhakti Seva Sangh has 13 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 $230K in total revenue.

How does Krishna Bhakti Seva Sangh operate with such consistently low expenses relative to its revenue?

The organization consistently reports expenses that are a very small fraction of its revenue (e.g., $9,627 expenses vs. $172,755 revenue in 2023). This suggests a highly efficient, possibly volunteer-driven model, or that significant operational costs are not reflected in the reported expenses, perhaps through in-kind donations or external support.

What specific programs or activities does the organization fund with its accumulated assets?

With assets growing from $500,141 in 2014 to $2,418,620 in 2023, and minimal reported expenses, it's unclear how these substantial assets are being deployed to directly further their NTEE code X70 mission (Religious Activities, n.e.c.). More detail on program spending would clarify their impact.

Is the organization's mission primarily focused on asset accumulation or direct program delivery?

The consistent growth in assets alongside very low reported expenses and zero liabilities suggests a strong focus on asset accumulation. While this builds financial stability, it raises questions about the immediate impact and direct program delivery compared to the significant resources being held.

Filing History

IRS 990 filing history for Krishna Bhakti Seva Sangh showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Krishna Bhakti Seva Sangh's revenue has grown by 58.9%, moving from $109K to $173K. Total assets increased by 1131.2% over the same period, from $196K to $2.4M. Total functional expenses fell by 65.3%, from $28K to $10K. In its most recent filing year (2023), Krishna Bhakti Seva Sangh reported a surplus of $163K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $173K $10K $2.4M $0
2022 $191K $16K $2.1M $0
2021 $392K $2K $2.0M $0 View 990
2020 $216K $2K $1.5M $0
2019 $169K $7K $1.2M $0 View 990
2018 $131K $7K $1.0M $0 View 990
2017 $165K $11K $908K $0 View 990
2016 $170K $23K $768K $0 View 990
2015 $100K $5K $566K $0 View 990
2014 $97K $5K $500K $0 View 990
2013 $94K $3K $368K $0 View 990
2012 $81K $865 $284K $0 View 990
2011 $109K $28K $196K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $173K, expenses of $10K, and assets of $2.4M (revenue -9.5% year-over-year).
  • 2022: Revenue of $191K, expenses of $16K, and assets of $2.1M (revenue -51.3% year-over-year).
  • 2021: Revenue of $392K, expenses of $2K, and assets of $2.0M (revenue +81.7% year-over-year).
  • 2020: Revenue of $216K, expenses of $2K, and assets of $1.5M (revenue +27.8% year-over-year).
  • 2019: Revenue of $169K, expenses of $7K, and assets of $1.2M (revenue +28.8% year-over-year).
  • 2018: Revenue of $131K, expenses of $7K, and assets of $1.0M (revenue -20.6% year-over-year).
  • 2017: Revenue of $165K, expenses of $11K, and assets of $908K (revenue -3.0% year-over-year).
  • 2016: Revenue of $170K, expenses of $23K, and assets of $768K (revenue +70.2% year-over-year).
  • 2015: Revenue of $100K, expenses of $5K, and assets of $566K (revenue +3.0% year-over-year).
  • 2014: Revenue of $97K, expenses of $5K, and assets of $500K (revenue +3.8% year-over-year).
  • 2013: Revenue of $94K, expenses of $3K, and assets of $368K (revenue +15.8% year-over-year).
  • 2012: Revenue of $81K, expenses of $865, and assets of $284K (revenue -25.7% year-over-year).
  • 2011: Revenue of $109K, expenses of $28K, and assets of $196K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Krishna Bhakti Seva Sangh:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Krishna Bhakti Seva Sangh 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.

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