Matthew Krug Foundation
EIN: 371495108 · Wilmington, DE · NTEE: E60
| Metric | Value |
|---|---|
| Total Expenses | $1K |
| Net Assets | $5K |
Is Matthew Krug Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Matthew Krug Foundation
Matthew Krug Foundation (EIN: 371495108) is a nonprofit organization based in Wilmington, DE, classified under NTEE code E60. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Matthew Krug Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Matthew Krug Foundation is a micro nonprofit that has been operating for 20 years.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $1K |
| Surplus / Deficit | +$1K |
| Total Assets | $5K |
| Total Liabilities | $13 |
| Net Assets | $5K |
| Operating Margin | 52.9% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 60.8 months |
Financial Health Grade: A
In 2011, Matthew Krug Foundation reported a surplus of $1K with revenue exceeding expenses, holds 60.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Matthew Krug Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Matthew Krug Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Matthew Krug Foundation
Is Matthew Krug Foundation a legitimate charity?
Matthew Krug Foundation (EIN: 371495108) is a registered tax-exempt nonprofit based in Delaware. No red flags identified. Financial health grade: A.
How does Matthew Krug Foundation spend its money?
Matthew Krug Foundation reported its financials in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Matthew Krug Foundation tax-deductible?
Matthew Krug Foundation is registered as a tax-exempt nonprofit (EIN: 371495108). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Matthew Krug Foundation located?
Matthew Krug Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 371495108. It is classified under NTEE code E60.
Filing History
IRS 990 filing history for Matthew Krug Foundation showing financial trends over 1 year of public records:
In its most recent filing year (2011), Matthew Krug Foundation reported a surplus of $1K, with revenue exceeding expenses. The organization holds $13 in liabilities against $5K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $2K | $1K | $5K | $13 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Matthew Krug Foundation:
Data Sources and Methodology
This transparency report for Matthew Krug 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.