Robert And Beth Kolar Charitable Tr
Robert And Beth Kolar Charitable Tr maintains multi-million dollar assets with zero officer compensation.
EIN: 206317540 · Aurora, NE · NTEE: P12 · Updated: 2026-03-28
About Robert And Beth Kolar Charitable Tr
Robert And Beth Kolar Charitable Tr (EIN: 206317540) is a nonprofit organization based in Aurora, NE, classified under NTEE code P12. The organization reported total revenue of $200K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert And Beth Kolar Charitable Tr'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 Robert And Beth Kolar Charitable Tr with a Mission Score of 90 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, Robert And Beth Kolar Charitable Tr 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the trust, which is highly commendable for a foundation of its 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.
Red Flags
The following concerns were identified during AI analysis of Robert And Beth Kolar Charitable Tr's IRS 990 filings:
- Significant year-to-year revenue volatility, potentially impacting consistent grantmaking capacity.
Strengths
The following positive indicators were identified for Robert And Beth Kolar Charitable Tr:
- Consistent multi-million dollar asset base, indicating strong financial stability.
- Zero officer compensation reported across all filings, demonstrating efficient use of funds.
- Low liabilities ($1 across most filings), indicating sound financial management.
- Consistent IRS 990 filing history, showing good regulatory compliance and transparency.
Frequently Asked Questions about Robert And Beth Kolar Charitable Tr
What is the primary purpose of the Robert And Beth Kolar Charitable Tr?
Based on its NTEE code P12 (Private Grantmaking Foundations), the trust primarily functions by making grants to other charitable organizations or individuals, rather than operating direct programs.
Why does revenue fluctuate so dramatically year-to-year?
The significant fluctuations in revenue, such as $2,040,877 in 2014 and $1,605,736 in 2021, compared to typical revenues around $130,000-$150,000, suggest that the trust's income is heavily influenced by investment performance or large, infrequent contributions rather than consistent operational income.
How does the trust manage its assets?
With assets consistently in the millions (e.g., $2,603,479 latest, $4,491,822 in 2019), the trust likely employs professional investment management to grow its endowment and generate income for its charitable distributions.
Filing History
IRS 990 filing history for Robert And Beth Kolar Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Robert And Beth Kolar Charitable Tr's revenue has grown by 13109900%, moving from $1 to $131K. Total assets increased by 2638216% over the same period, from $100 to $2.6M. In its most recent filing year (2023), Robert And Beth Kolar Charitable Tr reported a surplus of $14K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $117K | $2.6M | $1 | — | — |
| 2022 | $126K | $130K | $2.6M | $1 | — | View 990 |
| 2021 | $1.6M | $286K | $2.6M | $1 | — | View 990 |
| 2020 | $142K | $291K | $4.3M | $1 | — | — |
| 2019 | $142K | $288K | $4.5M | $1 | — | View 990 |
| 2015 | $153K | $106K | $2.1M | $1 | — | View 990 |
| 2014 | $2.0M | $753 | $2.1M | $1 | — | View 990 |
| 2013 | $16K | $0 | $16K | $1 | — | View 990 |
| 2012 | $1 | $0 | $100 | $0 | — | View 990 |
| 2011 | $1 | $0 | $100 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $117K, and assets of $2.6M (revenue +4.4% year-over-year).
- 2022: Revenue of $126K, expenses of $130K, and assets of $2.6M (revenue -92.2% year-over-year).
- 2021: Revenue of $1.6M, expenses of $286K, and assets of $2.6M (revenue +1032.0% year-over-year).
- 2020: Revenue of $142K, expenses of $291K, and assets of $4.3M (revenue +0.1% year-over-year).
- 2019: Revenue of $142K, expenses of $288K, and assets of $4.5M (revenue -7.2% year-over-year).
- 2015: Revenue of $153K, expenses of $106K, and assets of $2.1M (revenue -92.5% year-over-year).
- 2014: Revenue of $2.0M, expenses of $753, and assets of $2.1M (revenue +12764.0% year-over-year).
- 2013: Revenue of $16K, expenses of $0, and assets of $16K (revenue +1586400.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $100 (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $100.
Data Sources and Methodology
This transparency report for Robert And Beth Kolar Charitable Tr 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.