Kurt M W Niemann Foundation
Kurt M W Niemann Foundation maintains stable finances with no executive compensation.
EIN: 203940813 · Birmingham, AL · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24K |
| Total Expenses | $12K |
| Program Spending | 90% |
| Net Assets | $13K |
| Transparency Score | 85/100 |
Is Kurt M W Niemann Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kurt M W Niemann Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kurt M W Niemann Foundation
Kurt M W Niemann Foundation (EIN: 203940813) is a nonprofit organization based in Birmingham, AL, classified under NTEE code B82. The organization reported total revenue of $24K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kurt M W Niemann Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kurt M W Niemann Foundation is a micro nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $12K |
| Surplus / Deficit | +$11K |
| Total Assets | $13K |
| Total Liabilities | $1 |
| Net Assets | $13K |
| Operating Margin | 48.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2021, Kurt M W Niemann Foundation reported a surplus of $11K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2012–2021), Kurt M W Niemann Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +20.9% | -33.8% | +1298800.0% |
| 2020 | -61.6% | -62.3% | -100.0% |
| 2016 | -18.7% | -7.3% | +9.2% |
| 2015 | +7.0% | -14.4% | +49.7% |
| 2014 | -18.3% | -9.5% | -19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Kurt M W Niemann Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Kurt M W Niemann 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly efficient for a nonprofit 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 Kurt M W Niemann Foundation:
- Consistent 0% officer compensation, indicating high efficiency in directing funds to mission.
- Healthy surplus in the latest filing period (202105), with revenue of $23,510 exceeding expenses of $12,122.
- Low liabilities across all reported periods, indicating strong financial management and minimal debt.
Frequently Asked Questions about Kurt M W Niemann Foundation
Is Kurt M W Niemann Foundation a legitimate charity?
Kurt M W Niemann Foundation (EIN: 203940813) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. It has 7 years of IRS 990 filings on record. Total revenue: $24K. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Kurt M W Niemann Foundation spend its money?
Kurt M W Niemann Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Kurt M W Niemann Foundation tax-deductible?
Kurt M W Niemann Foundation is registered as a tax-exempt nonprofit (EIN: 203940813). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kurt M W Niemann Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kurt M W Niemann Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kurt M W Niemann Foundation located?
Kurt M W Niemann Foundation is headquartered in Birmingham, Alabama and files with the IRS under EIN 203940813. It is classified under NTEE code B82.
How many years of IRS 990 filings does Kurt M W Niemann Foundation have?
Kurt M W Niemann Foundation has 7 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 $24K in total revenue.
Is the Kurt M W Niemann Foundation a good charity?
Based on the available financial data, the foundation appears to be a financially stable and efficient organization, particularly due to its consistent reporting of zero officer compensation. Its primary function as a private grantmaking foundation means its 'goodness' would largely depend on the impact of the grants it makes, which is not detailed in this data.
How does the foundation manage its expenses?
The foundation's expenses have fluctuated over the years, but in the latest period (202105), expenses ($12,122) were significantly lower than revenue ($23,510), leading to a surplus. The consistent 0% officer compensation suggests a lean operational model.
What is the trend in the foundation's assets?
The foundation's assets have varied, from $1 in 202005 to $23,865 in 201605, and currently stand at $12,989 in 202105. This fluctuation suggests that assets are likely tied to its operational surpluses or specific investment strategies, rather than significant endowment growth.
Filing History
IRS 990 filing history for Kurt M W Niemann Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2021), Kurt M W Niemann Foundation's revenue has declined by 17%, moving from $28K to $24K. Total assets increased by 1298800% over the same period, from $1 to $13K. Total functional expenses fell by 75.9%, from $50K to $12K. In its most recent filing year (2021), Kurt M W Niemann Foundation reported a surplus of $11K, with revenue exceeding expenses. The organization holds $1 in liabilities against $13K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $24K | $12K | $13K | $1 | — | View 990 |
| 2020 | $19K | $18K | $1 | $1 | — | — |
| 2016 | $51K | $49K | $24K | $1 | — | View 990 |
| 2015 | $62K | $52K | $22K | $1 | — | View 990 |
| 2014 | $58K | $61K | $15K | $1 | — | View 990 |
| 2013 | $71K | $68K | $18K | $1 | — | View 990 |
| 2012 | $28K | $50K | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $24K, expenses of $12K, and assets of $13K (revenue +20.9% year-over-year).
- 2020: Revenue of $19K, expenses of $18K, and assets of $1 (revenue -61.6% year-over-year).
- 2016: Revenue of $51K, expenses of $49K, and assets of $24K (revenue -18.7% year-over-year).
- 2015: Revenue of $62K, expenses of $52K, and assets of $22K (revenue +7.0% year-over-year).
- 2014: Revenue of $58K, expenses of $61K, and assets of $15K (revenue -18.3% year-over-year).
- 2013: Revenue of $71K, expenses of $68K, and assets of $18K (revenue +151.4% year-over-year).
- 2012: Revenue of $28K, expenses of $50K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kurt M W Niemann Foundation:
Data Sources and Methodology
This transparency report for Kurt M W Niemann 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.