The George M Karl Foundation

Nonprofit profile at a glance

EIN
454556319
IRS 990-EZ coverage
2013–2017
Forms available
Form 990-EZ 2017
Location
Denver, CO, USA
Phone
3039938174
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Radio

Official website

Reported finances

Revenue
$15,000
Expenses
$65,120
Assets
$9,752
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • George Karl (CEO/President)

People named in this filing

  • George Karl (CEO/President)
  • Kim Van Deraa (Director)
  • Paul Balaguer (Director)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The George Karl Foundation is a catalyst of change, bringing together powerful partners to improve the cancer journey, beginning with educating people about cancer prevention to navigating patients through cancer treatments and ultimately to living healthy after surviving cancer.

What it reported doing in 2017

The George Karl Foundation is a catalyst of change, bringing together powerful partners to improve the cancer journey.

Operating model

Revenue model
Donor-supported. 100% 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

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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 21
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.8%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -334.1%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -3% per year; rating input score 0; 42nd percentile among comparable filings
  • Revenue growth: -35.6% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -20% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $65K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2013 to 2017
  • 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 — Sustainability: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.