Sk Shurberg Klein Foundation Inc
EIN: 522025779 · Washington, DC · NTEE: T22Z
| Metric | Value |
|---|---|
| Total Revenue | $222K |
| Total Expenses | $40K |
| Net Assets | $310K |
Is Sk Shurberg Klein Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sk Shurberg Klein Foundation Inc
Sk Shurberg Klein Foundation Inc (EIN: 522025779) is a nonprofit organization based in Washington, DC, classified under NTEE code T22Z. The organization reported total revenue of $222K and total assets of $413K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sk Shurberg Klein Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sk Shurberg Klein Foundation Inc is a small nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $40K |
| Surplus / Deficit | +$84K |
| Total Assets | $310K |
| Total Liabilities | $1 |
| Net Assets | $310K |
| Operating Margin | 67.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 92.9 months |
Financial Health Grade: A
In 2023, Sk Shurberg Klein Foundation Inc reported a surplus of $84K with revenue exceeding expenses, holds 92.9 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), Sk Shurberg Klein Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +153.7% | -2.0% | +52.8% |
| 2022 | -75.9% | +1.9% | -11.8% |
| 2021 | +2257.1% | +292.6% | +144.3% |
| 2020 | -28.0% | -8.9% | -39.4% |
| 2019 | -72.9% | -63.4% | -11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sk Shurberg Klein Foundation Inc 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 Sk Shurberg Klein Foundation Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $84K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Sk Shurberg Klein Foundation Inc
Is Sk Shurberg Klein Foundation Inc a legitimate charity?
Sk Shurberg Klein Foundation Inc (EIN: 522025779) is a registered tax-exempt nonprofit based in Washington DC. It has 10 years of IRS 990 filings on record. Total revenue: $222K. No red flags identified. Financial health grade: A.
How does Sk Shurberg Klein Foundation Inc spend its money?
Sk Shurberg Klein Foundation Inc reported $222K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sk Shurberg Klein Foundation Inc tax-deductible?
Sk Shurberg Klein Foundation Inc is registered as a tax-exempt nonprofit (EIN: 522025779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sk Shurberg Klein Foundation Inc located?
Sk Shurberg Klein Foundation Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 522025779. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does Sk Shurberg Klein Foundation Inc have?
Sk Shurberg Klein Foundation Inc 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 $222K in total revenue.
Filing History
IRS 990 filing history for Sk Shurberg Klein Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sk Shurberg Klein Foundation Inc's revenue has grown by 753.9%, moving from $14K to $124K. Total assets increased by 9.6% over the same period, from $283K to $310K. Total functional expenses rose by 164.7%, from $15K to $40K. In its most recent filing year (2023), Sk Shurberg Klein Foundation Inc reported a surplus of $84K, with revenue exceeding expenses. The organization holds $1 in liabilities against $310K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $310K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $40K | $310K | $1 | — | View 990 |
| 2022 | $49K | $41K | $203K | $1 | — | View 990 |
| 2021 | $203K | $40K | $230K | $1 | — | View 990 |
| 2020 | $9K | $10K | $94K | $1 | — | — |
| 2019 | $12K | $11K | $155K | $0 | — | View 990 |
| 2015 | $44K | $31K | $175K | $4K | — | View 990 |
| 2014 | $42K | $42K | $311K | $4K | — | View 990 |
| 2013 | $110K | $20K | $339K | $4K | — | View 990 |
| 2012 | $11K | $17K | $317K | $0 | — | View 990 |
| 2011 | $14K | $15K | $283K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $40K, and assets of $310K (revenue +153.7% year-over-year).
- 2022: Revenue of $49K, expenses of $41K, and assets of $203K (revenue -75.9% year-over-year).
- 2021: Revenue of $203K, expenses of $40K, and assets of $230K (revenue +2257.1% year-over-year).
- 2020: Revenue of $9K, expenses of $10K, and assets of $94K (revenue -28.0% year-over-year).
- 2019: Revenue of $12K, expenses of $11K, and assets of $155K (revenue -72.9% year-over-year).
- 2015: Revenue of $44K, expenses of $31K, and assets of $175K (revenue +4.0% year-over-year).
- 2014: Revenue of $42K, expenses of $42K, and assets of $311K (revenue -61.6% year-over-year).
- 2013: Revenue of $110K, expenses of $20K, and assets of $339K (revenue +912.1% year-over-year).
- 2012: Revenue of $11K, expenses of $17K, and assets of $317K (revenue -25.0% year-over-year).
- 2011: Revenue of $14K, expenses of $15K, and assets of $283K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sk Shurberg Klein Foundation Inc:
Data Sources and Methodology
This transparency report for Sk Shurberg Klein Foundation Inc 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.