Akc Fund Inc
Akc Fund Inc maintains strong asset growth and minimal liabilities with no reported officer compensation.
EIN: 136091321 · Montclair, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.7M |
| Total Expenses | $400K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $5.7M |
| Transparency Score | 85/100 |
Is Akc Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Akc Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Akc Fund Inc
Akc Fund Inc (EIN: 136091321) is a nonprofit organization based in Montclair, NJ. The organization reported total revenue of $4.7M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Akc Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Akc Fund Inc is a mid-size nonprofit that has been operating for 70 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $507K |
| Total Expenses | $400K |
| Surplus / Deficit | +$107K |
| Total Assets | $5.7M |
| Total Liabilities | $1 |
| Net Assets | $5.7M |
| Operating Margin | 21.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 172.4 months |
Financial Health Grade: A
In 2023, Akc Fund Inc reported a surplus of $107K with revenue exceeding expenses, holds 172.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Akc Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.8% | -8.2% | +1.9% |
| 2022 | -12.6% | -6.6% | +3.8% |
| 2021 | +206.9% | +27.8% | +5.0% |
| 2020 | +16.8% | +1.1% | -2.3% |
| 2019 | -63.9% | +5.8% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Akc Fund Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Akc Fund Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $107K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is unusual for an organization with assets approaching $6 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Akc Fund Inc's IRS 990 filings:
- Significant discrepancy between 'Latest Revenue' and recent annual revenues without explanation
- NTEE Code is unknown, hindering classification and comparative analysis
Strengths
The following positive indicators were identified for Akc Fund Inc:
- Consistent asset growth over the past decade, from $4,446,089 in 2011 to $5,742,889 in 2023
- Extremely low liabilities, often reported as $1, indicating strong financial health and minimal debt
- Consistent reporting of 0% officer compensation, suggesting a highly dedicated or volunteer-driven leadership
- Expenses generally lower than revenue in most recent years, allowing for accumulation of assets
Frequently Asked Questions about Akc Fund Inc
Is Akc Fund Inc a legitimate charity?
Akc Fund Inc (EIN: 136091321) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Akc Fund Inc spend its money?
Akc Fund Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Akc Fund Inc tax-deductible?
Akc Fund Inc is registered as a tax-exempt nonprofit (EIN: 136091321). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Akc Fund Inc CEO make?
Akc Fund Inc's highest-compensated officer earns $6 annually. The organization reported $4.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Akc Fund Inc's spending goes to programs?
Akc Fund Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Akc Fund Inc located?
Akc Fund Inc is headquartered in Montclair, New Jersey and files with the IRS under EIN 136091321.
How many years of IRS 990 filings does Akc Fund Inc have?
Akc Fund Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.7M in total revenue.
What caused the significant increase in 'Latest Revenue' to $4,660,812 compared to recent annual revenues?
The provided data shows a 'Latest Revenue' of $4,660,812, which is substantially higher than the annual revenues reported in the individual filing periods (e.g., $506,574 in 2023). This discrepancy suggests a potential large one-time donation, a change in accounting methods, or that 'Latest Revenue' refers to a different reporting period or aggregate figure not detailed in the annual filings.
How does Akc Fund Inc manage its operations with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings indicates that the organization's executive leadership is likely volunteer-based or that compensation is structured in a way that it is not reported under 'Officer Comp' on the 990, which is uncommon for an organization of its size and asset base.
What is the primary source of Akc Fund Inc's revenue?
While the filings show consistent revenue generation, the specific sources (e.g., donations, grants, program service revenue) are not detailed in the provided summary. Understanding the revenue mix would provide insight into the organization's sustainability and donor base.
Filing History
IRS 990 filing history for Akc Fund Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Akc Fund Inc's revenue has grown by 270.3%, moving from $137K to $507K. Total assets increased by 29.2% over the same period, from $4.4M to $5.7M. Total functional expenses rose by 49.9%, from $267K to $400K. In its most recent filing year (2023), Akc Fund Inc reported a surplus of $107K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $507K | $400K | $5.7M | $1 | — | — |
| 2022 | $640K | $436K | $5.6M | $1 | — | View 990 |
| 2021 | $732K | $466K | $5.4M | $1 | — | View 990 |
| 2020 | $239K | $365K | $5.2M | $7K | — | View 990 |
| 2019 | $204K | $361K | $5.3M | $0 | — | View 990 |
| 2015 | $566K | $341K | $5.0M | $0 | — | View 990 |
| 2014 | $523K | $315K | $4.8M | $0 | — | View 990 |
| 2013 | $463K | $296K | $4.6M | $0 | — | View 990 |
| 2012 | $286K | $283K | $4.4M | $0 | — | View 990 |
| 2011 | $137K | $267K | $4.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $507K, expenses of $400K, and assets of $5.7M (revenue -20.8% year-over-year).
- 2022: Revenue of $640K, expenses of $436K, and assets of $5.6M (revenue -12.6% year-over-year).
- 2021: Revenue of $732K, expenses of $466K, and assets of $5.4M (revenue +206.9% year-over-year).
- 2020: Revenue of $239K, expenses of $365K, and assets of $5.2M (revenue +16.8% year-over-year).
- 2019: Revenue of $204K, expenses of $361K, and assets of $5.3M (revenue -63.9% year-over-year).
- 2015: Revenue of $566K, expenses of $341K, and assets of $5.0M (revenue +8.2% year-over-year).
- 2014: Revenue of $523K, expenses of $315K, and assets of $4.8M (revenue +13.0% year-over-year).
- 2013: Revenue of $463K, expenses of $296K, and assets of $4.6M (revenue +61.8% year-over-year).
- 2012: Revenue of $286K, expenses of $283K, and assets of $4.4M (revenue +109.3% year-over-year).
- 2011: Revenue of $137K, expenses of $267K, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Akc Fund Inc:
Data Sources and Methodology
This transparency report for Akc Fund Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.