Karly Foundation Inc
Nonprofit profile at a glance
- EIN
- 872854363
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Las Vegas, NV, USA
- Phone
- 2067557790
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Child Abuse, Prevention
Reported finances
- Revenue
- $115,280
- Expenses
- $39,628
- Assets
- $197,268
- Liabilities
- $647
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- JENS JOHANSON (PRESIDENT,SECRETARY,TREASU)
People named in this filing
- KRISTEN JOHANSON (DIRECTOR)
- JENS JOHANSON (PRESIDENT,SECRETARY,TREASU)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Kids & canines-housing, food, education
What it reported doing in 2024
The nonprofit was formed for the purpose of promoting awareness of the needs of kids and canines in the community and to provide housing, food and education. The organization distributed groceries, clothing and other necessities to the community. The nonprofit may also coordinate with other nonprofits that provide this type of support in the community. The nonprofit made donations to other nonprofits during 2024 of over $17,000.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 47
- Transparency & Controls: 100
- Sustainability: 86
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27.5%; rating input score 27
- Program expense ratio: 80%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 65.6%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 4.98; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 27.5% of revenue deployed · 80% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $32K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 27/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.