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
Is Krishna Bhakti Seva Sangh Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
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.
AI Transparency Report
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.
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?
Based on AI analysis of IRS 990 filings, Krishna Bhakti Seva Sangh (EIN: 141862809) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Krishna Bhakti Seva Sangh spend its money?
Krishna Bhakti Seva Sangh directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
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 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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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.
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.