Charitable Fund
Charitable Fund faces persistent deficits and significant asset depletion over recent years.
EIN: 200279534 · Hghlnds Ranch, CO · NTEE: T12 · Updated: 2026-03-28
Is Charitable Fund Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charitable Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charitable Fund
Charitable Fund (EIN: 200279534) is a nonprofit organization based in Hghlnds Ranch, CO, classified under NTEE code T12. The organization reported total revenue of $539K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charitable Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Charitable Fund with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Charitable Fund allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available periods, indicating that officers are not drawing salaries from the organization, which is a positive indicator of fiscal prudence.
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 Charitable Fund's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenue (e.g., $574,301 expenses vs. $538,740 revenue in 2016).
- Dramatic decrease in assets from $12,410,178 in 2011 to $107,523 in 2016, indicating potential financial instability or significant asset liquidation.
- High expense figures in earlier years ($9,652,537 in 2012, $3,143,654 in 2013) relative to revenue, suggesting unsustainable spending patterns at those times.
Strengths
The following positive indicators were identified for Charitable Fund:
- 0% officer compensation reported across all periods, indicating a commitment to minimizing executive pay and potentially maximizing funds for programs.
- Consistent filing of IRS 990 forms, demonstrating a commitment to transparency in financial reporting.
Frequently Asked Questions about Charitable Fund
Is Charitable Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Charitable Fund (EIN: 200279534) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Charitable Fund spend its money?
Charitable Fund directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Charitable Fund tax-deductible?
Charitable Fund is registered as a tax-exempt nonprofit (EIN: 200279534). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have expenses consistently exceeded revenue in most filing periods?
The provided data shows that in 2016, 2014, 2013, 2012, and 2011, expenses were higher than revenue, leading to operational deficits. For example, in 2016, expenses were $574,301 while revenue was $538,740.
What caused the substantial decrease in assets from $12,410,178 in 2011 to $107,523 in 2016?
The significant drop in assets over this period suggests either substantial spending from reserves, divestment of major assets, or significant losses, which is a critical area for further investigation.
How does Charitable Fund cover its operational deficits?
Given the recurring deficits, the organization must be covering these shortfalls through prior year reserves, asset sales, or other non-revenue income sources not detailed in the summary, as evidenced by the declining asset base.
Filing History
IRS 990 filing history for Charitable Fund showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Charitable Fund's revenue has grown by 25.8%, moving from $428K to $539K. Total assets decreased by 99.1% over the same period, from $12.4M to $108K. Total functional expenses fell by 65.5%, from $1.7M to $574K. In its most recent filing year (2016), Charitable Fund reported a deficit of $36K, with expenses exceeding revenue. The organization holds $2K in liabilities against $108K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $105K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2016 | $539K | $574K | $108K | $2K | — | — |
| 2015 | $415K | $315K | $143K | $2K | — | View 990 |
| 2014 | $225K | $339K | $51K | $11K | — | View 990 |
| 2013 | $317K | $3.1M | $155K | $1K | — | View 990 |
| 2012 | $344K | $9.7M | $3.0M | $0 | — | View 990 |
| 2011 | $428K | $1.7M | $12.4M | $393K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $539K, expenses of $574K, and assets of $108K (revenue +29.7% year-over-year).
- 2015: Revenue of $415K, expenses of $315K, and assets of $143K (revenue +84.5% year-over-year).
- 2014: Revenue of $225K, expenses of $339K, and assets of $51K (revenue -29.1% year-over-year).
- 2013: Revenue of $317K, expenses of $3.1M, and assets of $155K (revenue -7.7% year-over-year).
- 2012: Revenue of $344K, expenses of $9.7M, and assets of $3.0M (revenue -19.7% year-over-year).
- 2011: Revenue of $428K, expenses of $1.7M, and assets of $12.4M.
Data Sources and Methodology
This transparency report for Charitable Fund 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.