K & L Baxter Family Foundation Inc is a 501(c)(3) organization based in Las Vegas, Nevada, registered in 2008, with $50,000 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$50K
▼ 50.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$96K
Net assets
$48K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for K & L Baxter Family Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For K & L Baxter Family Foundation Inc: 6 mo reserves · -92% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for K & L Baxter Family Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For K & L Baxter Family Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $22K (FY2013) to $50K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-92.4%
Spent more than it raised in the latest fiscal year.
Total assets
$52K
Total liabilities
$3,524
Net assets
$48K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $50,000▼50.0% | $96,204▼24.6% | $48,160▼49.2% | $51,684▼60.2% | 990PF |
| 2023 | $100,000 | $127,567▲30.7% | $94,864▼23.5% | $129,920▼7.2% | 990PF |
| 2022 | $100,000 | $97,568▲291% | $123,968▲2.0% | $139,930▲1.8% | 990PF |
| 2021 | $0 | $24,957▼80.2% | $121,536▼17.0% | $137,422▼15.9% | 990PF |
| 2020 | $0 | $126,323▲102602% | $146,493▲973% | $163,379▲156995% | 990PF |
| 2015 | $0▼100% | $123▼97.3% | -$16,782▼0.7% | $104▲10300% | 990PF |
| 2014 | $80▼99.6% | $4,570▼96.0% | -$16,660▼10861% | $1▼100.0% | 990PF |
| 2013 | $22,000 | $113,494▲187% | -$152▼100% | $6,559▼93.2% | 990PF |
| 2012 | — | $39,608▲254% | $91,342▼17.2% | $96,569▼12.4% | 990PF |
| 2011 | — | $11,192 | $110,264 | $110,264 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for K & L Baxter Family Foundation Inc (EIN 20-4006397) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.