Klem Family Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$859,966
Expenses
$179,533
Net Income
$680,433
Net Assets
$1,716,059
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $494,123
57.5%
Interest Revenue $24,606
2.9%
Dividends $50,045
5.8%
Sales of Assets $291,192
33.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $170,010
94.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,716,059
Total Liabilities $0
Net Assets $1,716,059
Compensation
Key Employees and Officers Compensation Other
John J Klem (President & Director) $0 $0
Elinor Klem (Treasurer & Director) $0 $0
Lisa Klem (Director) $0 $0
Robert E Klem (Director) $0 $0
David J Klem (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$524,815
Expenses
$214,826
Net Income
$309,989
Net Assets
$1,433,928
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $40,000
7.6%
Interest Revenue $486
0.1%
Dividends $50,981
9.7%
Sales of Assets $433,348
82.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $209,510
97.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,433,928
Total Liabilities $0
Net Assets $1,433,928
Compensation
Key Employees and Officers Compensation Other
John J Klem (President & Director) $0 $0
Elinor Klem (Treasurer & Director) $0 $0
Lisa Klem (Director) $0 $0
Robert E Klem (Director) $0 $0
David J Klem (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$118,420
Expenses
$174,755
Net Income
-$56,335
Net Assets
$1,149,913
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $970
0.8%
Dividends $49,915
42.2%
Sales of Assets $67,535
57.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $166,910
95.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,149,913
Total Liabilities $0
Net Assets $1,149,913
Compensation
Key Employees and Officers Compensation Other
John J Klem (President & Director) $0 $0
Elinor Klem (Treasurer & Director) $0 $0
Lisa Klem (Director) $0 $0
Robert E Klem (Director) $0 $0
David J Klem (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$655,080
Expenses
$187,003
Net Income
$468,077
Net Assets
$1,206,248
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $500,000
76.3%
Interest Revenue $871
0.1%
Dividends $48,074
7.3%
Sales of Assets $106,135
16.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $181,910
97.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,206,248
Total Liabilities $0
Net Assets $1,206,248
Compensation
Key Employees and Officers Compensation Other
John J Klem (President & Director) $0 $0
Elinor Klem (Treasurer & Director) $0 $0
Lisa Klem (Director) $0 $0
Robert E Klem (Director) $0 $0
David J Klem (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,140,740
Expenses
$134,610
Net Income
$1,006,130
Net Assets
$818,052
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,000,000
87.7%
Interest Revenue $13
0.0%
Dividends $37,426
3.3%
Sales of Assets $103,301
9.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $130,260
96.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $818,052
Total Liabilities $0
Net Assets $818,052
Compensation
Key Employees and Officers Compensation Other
John J Klem (President & Director) $0 $0
Elinor Klem (Treasurer & Director) $0 $0
Lisa Klem (Director) $0 $0
Robert E Klem (Director) $0 $0
David J Klem (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,009,090
Expenses
$74,360
Net Income
$934,730
Net Assets
$637,209
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $903,209
89.5%
Interest Revenue $0
Dividends $25,670
2.5%
Sales of Assets $80,211
7.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $73,960
99.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $637,210
Total Liabilities $1
Net Assets $637,209
Compensation
Key Employees and Officers Compensation Other
John J Klem (President & Director) $0 $0
Elinor Klem (Treasurer & Director) $0 $0
Lisa Klem (Director) $0 $0
Robert E Klem (Director) $0 $0
David J Klem (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$509,754
Expenses
$5,225
Net Income
$504,529
Net Assets
$180,201
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $502,759
98.6%
Interest Revenue $0
Dividends $3,538
0.7%
Sales of Assets $3,457
0.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,200
99.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $180,201
Total Liabilities $0
Net Assets $180,201

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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