Gerda and Kurt Klein Foundation
Nonprofit profile at a glance
- EIN
- 232959989
- IRS 990-EZ coverage
- 2011–2012
- Forms available
- Form 990 2010, Form 990-EZ 2012
- Location
- Narberth, PA, USA
- Phone
- 6106682314
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $54,464
- Expenses
- $216,271
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
5 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote tolerance education and lessen prejudice and discrimination by providing and disseminating educational materials to achieve these ends. The foundation is also devoted to combating world hunger.
What it reported doing in 2012
Promote tolerance education to lessen prejudice anddiscrimination by providing and disseminating educationalmaterials to achieve these goals. The foundationestablished a partnership with southern poverty law center to teach children about the holocaust.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 2
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 85%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -297.1%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 72.7% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: -83.2% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -85.9% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 85% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $184K in reported program spending
- Leadership: top reported pay $15K · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2011 to 2012
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.