Closed End Fund Association
EIN: 43403082 · Kansas City, MO
| Metric | Value |
|---|---|
| Total Revenue | $218K |
| Total Expenses | $280K |
| Net Assets | $-87,497 |
Is Closed End Fund Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Closed End Fund Association
Closed End Fund Association (EIN: 43403082) is a nonprofit organization based in Kansas City, MO. The organization reported total revenue of $218K and total assets of $24K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Closed End Fund Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Closed End Fund Association is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $253K |
| Total Expenses | $280K |
| Surplus / Deficit | $-27,375 |
| Total Assets | $72K |
| Total Liabilities | $160K |
| Net Assets | $-87,497 |
| Operating Margin | -10.8% |
| Debt-to-Asset Ratio | 221.0% |
| Months of Reserves | 3.1 months |
Financial Health Grade: C
In 2024, Closed End Fund Association reported a deficit of $27K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 221.0% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Closed End Fund Association's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.0% | +9.3% | +423.3% |
| 2023 | +17.1% | +5.0% | -55.8% |
| 2022 | -6.3% | -5.4% | -42.3% |
| 2021 | -23.2% | -8.3% | -41.3% |
| 2020 | -18.5% | -8.9% | -11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Closed End Fund Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Closed End Fund Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 221.0%.
Frequently Asked Questions about Closed End Fund Association
Is Closed End Fund Association a legitimate charity?
Closed End Fund Association (EIN: 43403082) is a registered tax-exempt nonprofit based in Missouri. It has 13 years of IRS 990 filings on record. Total revenue: $218K. No red flags identified. Financial health grade: C.
How does Closed End Fund Association spend its money?
Closed End Fund Association reported $218K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Closed End Fund Association tax-deductible?
Closed End Fund Association is registered as a tax-exempt nonprofit (EIN: 43403082). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Closed End Fund Association located?
Closed End Fund Association is headquartered in Kansas City, Missouri and files with the IRS under EIN 43403082.
How many years of IRS 990 filings does Closed End Fund Association have?
Closed End Fund Association has 13 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 $218K in total revenue.
Filing History
IRS 990 filing history for Closed End Fund Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Closed End Fund Association's revenue has grown by 6.5%, moving from $238K to $253K. Total assets decreased by 23.7% over the same period, from $95K to $72K. Total functional expenses rose by 31.6%, from $213K to $280K. In its most recent filing year (2024), Closed End Fund Association reported a deficit of $27K, with expenses exceeding revenue. The organization holds $160K in liabilities against $72K in assets (debt-to-asset ratio: 221.0%), resulting in net assets of $-87,497.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $253K | $280K | $72K | $160K | — | — |
| 2023 | $241K | $257K | $14K | $74K | — | View 990 |
| 2022 | $206K | $244K | $31K | $73K | — | View 990 |
| 2021 | $220K | $258K | $54K | $58K | — | View 990 |
| 2020 | $286K | $281K | $92K | $57K | — | — |
| 2019 | $351K | $309K | $104K | $133K | — | View 990 |
| 2018 | $340K | $514K | $22K | $93K | — | View 990 |
| 2017 | $553K | $601K | $105K | $204K | — | View 990 |
| 2016 | $431K | $412K | $123K | $173K | — | View 990 |
| 2015 | $336K | $443K | $3K | $469 | — | View 990 |
| 2014 | $399K | $376K | $109K | $0 | — | View 990 |
| 2013 | $287K | $296K | $86K | $0 | — | View 990 |
| 2012 | $238K | $213K | $95K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $253K, expenses of $280K, and assets of $72K (revenue +5.0% year-over-year).
- 2023: Revenue of $241K, expenses of $257K, and assets of $14K (revenue +17.1% year-over-year).
- 2022: Revenue of $206K, expenses of $244K, and assets of $31K (revenue -6.3% year-over-year).
- 2021: Revenue of $220K, expenses of $258K, and assets of $54K (revenue -23.2% year-over-year).
- 2020: Revenue of $286K, expenses of $281K, and assets of $92K (revenue -18.5% year-over-year).
- 2019: Revenue of $351K, expenses of $309K, and assets of $104K (revenue +3.3% year-over-year).
- 2018: Revenue of $340K, expenses of $514K, and assets of $22K (revenue -38.6% year-over-year).
- 2017: Revenue of $553K, expenses of $601K, and assets of $105K (revenue +28.5% year-over-year).
- 2016: Revenue of $431K, expenses of $412K, and assets of $123K (revenue +28.1% year-over-year).
- 2015: Revenue of $336K, expenses of $443K, and assets of $3K (revenue -15.7% year-over-year).
- 2014: Revenue of $399K, expenses of $376K, and assets of $109K (revenue +38.7% year-over-year).
- 2013: Revenue of $287K, expenses of $296K, and assets of $86K (revenue +21.0% year-over-year).
- 2012: Revenue of $238K, expenses of $213K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Closed End Fund Association:
Data Sources and Methodology
This transparency report for Closed End Fund Association 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.