R & W Krause Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
R & W Krause Foundation Inc is a 501(c)(3) organization based in Rockford, Michigan, registered in 1967, with $2,985 in FY2022 revenue. CharityIndex grades it F.
140 Krause St, Rockford, MI, 49341 EIN 38-6111582 Since 1967
Revenue (FY2022)
$2,985
▼ 70.9% vs prior year
Expenses (FY2022)
$8,634
Net assets
$74K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
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 R & W Krause 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 →
FFinancial health25% of the rating102 mo reserves · -189% margin
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 R & W Krause Foundation Inc: 102 mo reserves · -189% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 R & W Krause 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 →
FTransparency10% of the rating0 of 5 disclosure signals
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 R & W Krause Foundation Inc: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $23K (FY2013) to $2,985 (FY2022) across 10 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $0Net assets $74K
Operating margin
-189.2%
Spent more than it raised in the latest fiscal year.
Total assets
$74K
Total liabilities
$0
Net assets
$74K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $2,985▼70.9% | $8,634▼13.0% | $73,554▼7.1% | $73,554▼7.1% | 990PF |
| 2021 | $10,269▲707% | $9,922▲109% | $79,203▲0.4% | $79,203▲0.4% | 990PF |
| 2020 | $1,272▼97.7% | $4,744▼70.1% | $78,856▼5.5% | $78,856▼5.5% | 990PF |
| 2019 | $56,218▲6281% | $15,873▲203% | $83,416▲93.7% | $83,416▲93.7% | 990PF |
| 2018 | $881▼97.2% | $5,237▼86.7% | $43,071▼9.7% | $43,071▼9.7% | 990PF |
| 2017 | $31,990▲2706% | $39,334▲751% | $47,714▼13.3% | $47,714▼13.3% | 990PF |
| 2016 | $1,140▼93.7% | $4,624▼88.2% | $55,058▼6.0% | $55,058▼6.0% | 990PF |
| 2015 | $18,088▼22.1% | $39,041▲35.7% | $58,542▼26.7% | $58,542▼26.7% | 990PF |
| 2014 | $23,218▲1.1% | $28,761▲5.0% | $79,891▼6.9% | $79,891▼6.9% | 990PF |
| 2013 | $22,966 | $27,386▼11.7% | $85,796▼4.9% | $85,796▼4.9% | 990PF |
| 2012 | — | $31,008▲44.1% | $90,216▼11.7% | $90,216▼11.7% | 990PF |
| 2011 | — | $21,525▼21.5% | $102,183▼16.9% | $102,183▼16.9% | 990PF |
| 2010 | — | $27,420▼6.5% | $123,021▼12.0% | $123,021▼12.0% | 990PF |
| 2009 | — | $29,333 | $139,756 | $139,756 | 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.
Frequently asked questions
- Is R & W Krause Foundation Inc a legitimate nonprofit?
- Yes. R & W Krause Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-6111582, based in Rockford, Michigan. Donations are tax-deductible.
- What is R & W Krause Foundation Inc's EIN?
- R & W Krause Foundation Inc's Employer Identification Number (EIN) is 38-6111582.
- How much revenue does R & W Krause Foundation Inc report?
- R & W Krause Foundation Inc reported $2,985 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does R & W Krause Foundation Inc have?
- CharityIndex grades R & W Krause Foundation Inc F, based on financial health (reserves and operating margin).
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Data for R & W Krause Foundation Inc (EIN 38-6111582) 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.