Robert K Else Family Charitable Foundation
Robert K Else Family Charitable Foundation shows consistent asset growth with minimal liabilities and no officer compensation.
EIN: 201765162 · Mankato, MN · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $471K |
| Total Expenses | $182K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.8 |
| Net Assets | $1.8M |
| Transparency Score | 85/100 |
Is Robert K Else Family Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Robert K Else Family Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Robert K Else Family Charitable Foundation
Robert K Else Family Charitable Foundation (EIN: 201765162) is a nonprofit organization based in Mankato, MN, classified under NTEE code X20. The organization reported total revenue of $471K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert K Else Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert K Else Family Charitable Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $182K |
| Surplus / Deficit | $-30,685 |
| Total Assets | $1.8M |
| Total Liabilities | $1 |
| Net Assets | $1.8M |
| Operating Margin | -20.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 119.0 months |
Financial Health Grade: B
In 2023, Robert K Else Family Charitable Foundation reported a deficit of $31K with expenses exceeding revenue, holds 119.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Robert K Else Family Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.7% | +45.6% | -1.7% |
| 2022 | -34.8% | +73.3% | +0.2% |
| 2021 | +24.1% | +41.2% | +7.3% |
| 2020 | +13.1% | +99.6% | +6.7% |
| 2019 | +2.5% | -5.8% | +62.2% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Robert K Else Family Charitable 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, Robert K Else Family Charitable 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation operates without paid officers, which is highly efficient for an organization of its size with assets exceeding $1.8 million.
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 K Else Family Charitable Foundation's IRS 990 filings:
- Expenses exceeded revenue in the most recent 2023 filing, a deviation from prior trends.
Strengths
The following positive indicators were identified for Robert K Else Family Charitable Foundation:
- Consistent asset growth over a decade, from $642,598 to $1,807,436.
- Zero officer compensation, indicating highly efficient operations and low administrative burden.
- Extremely low liabilities ($0-$1) across all reported periods, reflecting strong financial management.
- Consistent revenue generation, typically exceeding expenses.
Frequently Asked Questions about Robert K Else Family Charitable Foundation
Is Robert K Else Family Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Robert K Else Family Charitable Foundation (EIN: 201765162) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Robert K Else Family Charitable Foundation spend its money?
Robert K Else Family Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Robert K Else Family Charitable Foundation tax-deductible?
Robert K Else Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 201765162). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Robert K Else Family Charitable Foundation CEO make?
Robert K Else Family Charitable Foundation's highest-compensated officer earns $1.8 annually. The organization reported $471K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Robert K Else Family Charitable Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Robert K Else Family Charitable Foundation is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Robert K Else Family Charitable Foundation located?
Robert K Else Family Charitable Foundation is headquartered in Mankato, Minnesota and files with the IRS under EIN 201765162. It is classified under NTEE code X20.
How many years of IRS 990 filings does Robert K Else Family Charitable Foundation have?
Robert K Else Family Charitable Foundation has 10 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 $471K in total revenue.
Is the Robert K Else Family Charitable Foundation financially stable?
Yes, the foundation demonstrates strong financial stability with assets growing from $642,598 in 2011 to $1,807,436 in 2023, and consistently low liabilities ($0-$1).
Does the foundation spend efficiently?
Yes, the foundation appears to spend very efficiently, with 0% officer compensation reported across all filings, suggesting minimal administrative overhead.
What is the trend in the foundation's revenue and expenses?
Revenue has generally exceeded expenses in most years, contributing to asset growth. However, in 2023, expenses ($182,293) slightly exceeded revenue ($151,608), a trend to observe.
Filing History
IRS 990 filing history for Robert K Else Family Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Robert K Else Family Charitable Foundation's revenue has grown by 7.6%, moving from $141K to $152K. Total assets increased by 181.3% over the same period, from $643K to $1.8M. Total functional expenses rose by 248.3%, from $52K to $182K. In its most recent filing year (2023), Robert K Else Family Charitable Foundation reported a deficit of $31K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $152K | $182K | $1.8M | $1 | — | View 990 |
| 2022 | $129K | $125K | $1.8M | $1 | — | View 990 |
| 2021 | $198K | $72K | $1.8M | $1 | — | — |
| 2020 | $159K | $51K | $1.7M | $1 | — | — |
| 2019 | $141K | $26K | $1.6M | $0 | — | View 990 |
| 2015 | $137K | $27K | $987K | $1 | — | View 990 |
| 2014 | $140K | $40K | $877K | $1 | — | View 990 |
| 2013 | $141K | $43K | $777K | $1 | — | View 990 |
| 2012 | $140K | $103K | $680K | $1 | — | View 990 |
| 2011 | $141K | $52K | $643K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $152K, expenses of $182K, and assets of $1.8M (revenue +17.7% year-over-year).
- 2022: Revenue of $129K, expenses of $125K, and assets of $1.8M (revenue -34.8% year-over-year).
- 2021: Revenue of $198K, expenses of $72K, and assets of $1.8M (revenue +24.1% year-over-year).
- 2020: Revenue of $159K, expenses of $51K, and assets of $1.7M (revenue +13.1% year-over-year).
- 2019: Revenue of $141K, expenses of $26K, and assets of $1.6M (revenue +2.5% year-over-year).
- 2015: Revenue of $137K, expenses of $27K, and assets of $987K (revenue -1.7% year-over-year).
- 2014: Revenue of $140K, expenses of $40K, and assets of $877K (revenue -0.7% year-over-year).
- 2013: Revenue of $141K, expenses of $43K, and assets of $777K (revenue +0.3% year-over-year).
- 2012: Revenue of $140K, expenses of $103K, and assets of $680K (revenue -0.5% year-over-year).
- 2011: Revenue of $141K, expenses of $52K, and assets of $643K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert K Else Family Charitable Foundation:
Data Sources and Methodology
This transparency report for Robert K Else Family Charitable 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.