Quick charity verification for Mark And Anla Cheng Kingdon Fund (EIN: 133948023)
Verdict: Mark And Anla Cheng Kingdon Fund appears trustworthy
95/100Mission Score
$66.2MRevenue
$219.1MAssets
1Red Flags
4Strengths
Red Flags
Expenses slightly exceeded revenue in the 2023 period ($11,059,688 vs. $10,504,301), which, while minor, warrants monitoring.
Strengths
Consistent zero officer compensation across all filings, indicating high efficiency and dedication of resources to mission.
Significant asset growth from $77,995,091 in 2011 to $196,913,000 in 2023, demonstrating strong financial management.
Extremely low liabilities, often $0 or $1, reflecting excellent financial stability and minimal debt.
Strong financial health with expenses generally well below revenue in most periods, allowing for capital accumulation.
Spending Breakdown
How Mark And Anla Cheng Kingdon Fund allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Mark And Anla Cheng Kingdon Fund
Is Mark And Anla Cheng Kingdon Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Mark And Anla Cheng Kingdon Fund (EIN: 133948023) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
Is Mark And Anla Cheng Kingdon Fund a good charity to donate to?
Mark And Anla Cheng Kingdon Fund has a Mission Score of 95/100. Revenue: $66.2M. Assets: $219.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mark And Anla Cheng Kingdon Fund?
The Employer Identification Number (EIN) for Mark And Anla Cheng Kingdon Fund is 133948023. 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 Mark And Anla Cheng Kingdon Fund spend its money?
Mark And Anla Cheng Kingdon Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mark And Anla Cheng Kingdon Fund's tax-exempt status?
You can verify Mark And Anla Cheng Kingdon Fund's tax-exempt status using EIN 133948023 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 Mark And Anla Cheng Kingdon Fund demonstrates strong financial health, with assets growing significantly from $77,995,091 in 2011 to $196,913,000 in 2023. The organization consistently maintains low liabilities, often reporting $0 or $1, indicating excellent financial stability and minimal debt. While specific program spending percentages are not detailed in the provided data, the absence of officer compensation across all reported periods suggests a highly efficient operational model, likely relying on volunteer leadership or external management without direct compensation from the fund. This practice enhances the fund's ability to direct more resources towards its mission.
The fund's revenue has fluctuated, with a notable peak of $35,415,082 in 2021 and a more recent $10,504,301 in 2023. Expenses have generally remained well below revenue in most years, allowing for asset growth. For instance, in 2022, revenue was $23,908,833 against expenses of $7,662,134. However, the 2023 filing shows expenses ($11,059,688) slightly exceeding revenue ($10,504,301), which is a minor concern but not indicative of long-term instability given the substantial asset base. The consistent reporting of zero officer compensation across all filings is a significant positive indicator of transparency and a commitment to minimizing administrative overhead.