The Louisa Kreisberg Family Foundation
Louisa Kreisberg Family Foundation consistently spends down assets with minimal revenue generation.
EIN: 205429144 · Wilmington, DE · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $155K |
| Program Spending | 70% |
| Net Assets | $428K |
| Transparency Score | 65/100 |
Is The Louisa Kreisberg Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Louisa Kreisberg Family Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Louisa Kreisberg Family Foundation
The Louisa Kreisberg Family Foundation (EIN: 205429144) is a nonprofit organization based in Wilmington, DE. 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 The Louisa Kreisberg Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Louisa Kreisberg Family Foundation is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -19.2%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $155K |
| Surplus / Deficit | $-148,586 |
| Total Assets | $428K |
| Total Liabilities | $1 |
| Net Assets | $428K |
| Operating Margin | -2292.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 33.1 months |
Financial Health Grade: B
In 2015, The Louisa Kreisberg Family Foundation reported a deficit of $149K with expenses exceeding revenue, holds 33.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), The Louisa Kreisberg Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -60.9% | +46.8% | -25.8% |
| 2014 | +242.9% | -23.4% | -13.4% |
| 2013 | -37.7% | +1.3% | -16.7% |
| 2012 | -49.1% | +8.2% | -13.9% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Louisa Kreisberg Family Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Louisa Kreisberg Family Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $149K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries or other compensation were paid to its officers, which is a positive for minimizing administrative costs.
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 The Louisa Kreisberg Family Foundation's IRS 990 filings:
- Consistent decline in assets from $927,315 in 2011 to $428,150 in 2015, indicating a draw-down of principal without sufficient new revenue.
- Expenses consistently far exceed revenue (e.g., $155,067 expenses vs. $6,481 revenue in 2015), suggesting an unsustainable operational model without an endowment.
Strengths
The following positive indicators were identified for The Louisa Kreisberg Family Foundation:
- Reports 0% officer compensation across all filings, indicating efficient use of funds by not paying executive salaries.
- Consistent financial reporting over five periods, demonstrating a history of compliance with IRS filing requirements.
Frequently Asked Questions about The Louisa Kreisberg Family Foundation
Is The Louisa Kreisberg Family Foundation a legitimate charity?
The Louisa Kreisberg Family Foundation (EIN: 205429144) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 65/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does The Louisa Kreisberg Family Foundation spend its money?
The Louisa Kreisberg Family Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to The Louisa Kreisberg Family Foundation tax-deductible?
The Louisa Kreisberg Family Foundation is registered as a tax-exempt nonprofit (EIN: 205429144). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Louisa Kreisberg Family Foundation's spending goes to programs?
The Louisa Kreisberg Family Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is The Louisa Kreisberg Family Foundation located?
The Louisa Kreisberg Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 205429144.
How many years of IRS 990 filings does The Louisa Kreisberg Family Foundation have?
The Louisa Kreisberg Family Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why does the foundation consistently report $0 in revenue and assets in its latest filing, despite previous activity?
The provided data indicates 'Latest Revenue: $0' and 'Assets: $0', which contradicts the historical filing data. This discrepancy suggests either a data entry error in the prompt or a significant change in the foundation's status after the 2015 period, such as dissolution or a change in reporting requirements. Further investigation into filings beyond 2015 would be necessary.
What is the nature of the consistent $1 liability reported across all periods?
A consistent $1 liability is highly unusual for an organization of this size and activity. It could be a placeholder, a minor outstanding balance, or an accounting anomaly. Without more detailed financial statements, the exact nature and significance of this liability are unclear.
What are the specific program activities funded by The Louisa Kreisberg Family Foundation?
The provided IRS 990 summary data does not detail the specific program activities or grants made by the foundation. To understand its programmatic impact, one would need to review the full IRS 990 forms, specifically Schedule I (Grants and Other Assistance to Organizations, Governments, and Individuals in the U.S.) or Part XV (Statements Regarding Activities) for private foundations.
Filing History
IRS 990 filing history for The Louisa Kreisberg Family Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), The Louisa Kreisberg Family Foundation's revenue has declined by 57.4%, moving from $15K to $6K. Total assets decreased by 53.8% over the same period, from $927K to $428K. Total functional expenses rose by 23.2%, from $126K to $155K. In its most recent filing year (2015), The Louisa Kreisberg Family Foundation reported a deficit of $149K, with expenses exceeding revenue. The organization holds $1 in liabilities against $428K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $428K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $6K | $155K | $428K | $1 | — | View 990 |
| 2014 | $17K | $106K | $577K | $1 | — | View 990 |
| 2013 | $5K | $138K | $666K | $1 | — | View 990 |
| 2012 | $8K | $136K | $799K | $1 | — | View 990 |
| 2011 | $15K | $126K | $927K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $6K, expenses of $155K, and assets of $428K (revenue -60.9% year-over-year).
- 2014: Revenue of $17K, expenses of $106K, and assets of $577K (revenue +242.9% year-over-year).
- 2013: Revenue of $5K, expenses of $138K, and assets of $666K (revenue -37.7% year-over-year).
- 2012: Revenue of $8K, expenses of $136K, and assets of $799K (revenue -49.1% year-over-year).
- 2011: Revenue of $15K, expenses of $126K, and assets of $927K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Louisa Kreisberg Family Foundation:
Data Sources and Methodology
This transparency report for The Louisa Kreisberg Family 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.