Is Kane College Fund Trust Legit?

Quick charity verification for Kane College Fund Trust (EIN: 16007762)

Verdict: Kane College Fund Trust shows mixed signals

60/100Mission Score
$4KRevenue
$1Assets
3Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Kane College Fund Trust allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
20%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Kane College Fund Trust

Is Kane College Fund Trust a legitimate charity?

Based on AI analysis of IRS 990 filings, Kane College Fund Trust (EIN: 16007762) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.

Is Kane College Fund Trust a good charity to donate to?

Kane College Fund Trust has a Mission Score of 60/100. Revenue: $4K. Assets: $1. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Kane College Fund Trust?

The Employer Identification Number (EIN) for Kane College Fund Trust is 16007762. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Kane College Fund Trust spend its money?

Kane College Fund Trust allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Kane College Fund Trust's tax-exempt status?

You can verify Kane College Fund Trust's tax-exempt status using EIN 16007762 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Kane College Fund Trust appears to be a very small organization with minimal financial activity. Its latest reported revenue is only $4,322, and its assets are listed as $1, which is a significant decrease from previous years where assets were consistently above $10,000. The organization's expenses have generally exceeded its revenue in most reported periods, indicating a reliance on existing assets or prior contributions rather than consistent operational income. For example, in 2020, revenue was $380 while expenses were $1,130. The consistent reporting of 0% officer compensation suggests that the organization is run by volunteers, which is a positive sign for efficiency in a small entity. However, the drastic drop in assets to $1 in the latest filing, compared to $10,879 in 2021, raises questions about the organization's long-term financial viability and the disposition of its previous assets. Without more detailed expense breakdowns, it's difficult to fully assess spending efficiency beyond the overall revenue-expense relationship.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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