K U Endowment Charitable Gift Fund

K U Endowment Charitable Gift Fund shows inconsistent operational surpluses, relying on substantial assets despite fluctuating revenues and expenses.

EIN: 200317170 · Lawrence, KS · NTEE: T11 · Updated: 2026-03-28

$298KRevenue
$6.8MAssets
70/100Mission Score (Good)
T11
K U Endowment Charitable Gift Fund Financial Summary
MetricValue
Total Revenue$298K
Total Expenses$506K
Program Spending80%
CEO/Top Officer Pay$6.7
Net Assets$6.3M
Transparency Score70/100

Is K U Endowment Charitable Gift Fund Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

K U Endowment Charitable Gift Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About K U Endowment Charitable Gift Fund

K U Endowment Charitable Gift Fund (EIN: 200317170) is a nonprofit organization based in Lawrence, KS, classified under NTEE code T11. The organization reported total revenue of $298K and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of K U Endowment Charitable Gift Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

K U Endowment Charitable Gift Fund is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$216K
Total Expenses$506K
Surplus / Deficit$-289,973
Total Assets$6.3M
Total Liabilities$8K
Net Assets$6.3M
Operating Margin-134.2%
Debt-to-Asset Ratio0.1%
Months of Reserves150.3 months

Financial Health Grade: B

In 2023, K U Endowment Charitable Gift Fund reported a deficit of $290K with expenses exceeding revenue, holds 150.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), K U Endowment Charitable Gift Fund's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-43.5%+15326.3%-4.6%
2022+2.5%-99.8%-11.8%
2021+10.3%+64468.8%-8.4%
2020-9.9%-99.4%+0.8%
2019-69.0%-46.7%-0.6%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The K U Endowment Charitable Gift Fund exhibits fluctuating financial performance over the past decade. While it consistently maintains substantial assets, ranging from $6.3 million to $8.2 million, its revenue and expenses show significant year-to-year variability. For instance, in 2023, expenses ($505,984) significantly outstripped revenue ($216,011), leading to a net deficit. This pattern of expenses exceeding revenue is also observed in 2021 ($1,751,752 expenses vs. $373,150 revenue) and 2019 ($423,431 expenses vs. $375,324 revenue), suggesting reliance on asset drawdowns or prior period surpluses. The organization consistently reports 0% officer compensation, which is a positive indicator for resource allocation directly to its mission or asset growth, rather than executive salaries. The organization's financial health, while supported by its asset base, shows some instability in its operational income and expenditures. The significant liabilities reported in 2023 ($8,209) compared to zero in 2022 and 2021, alongside the substantial liabilities in 2020 ($641,333) and 2019 ($704,224), warrant closer examination. The NTEE code T11 (University or College Endowments) suggests its primary function is managing an endowment, which often involves investment activities that can lead to revenue and expense fluctuations. However, the consistent operational deficits in several years indicate that the endowment may not be generating sufficient income to cover its operational costs, or that significant distributions are being made. Transparency is generally good given the availability of 13 years of 990 filings. The consistent reporting of 0% officer compensation is a strong point for transparency regarding executive pay. However, without a detailed breakdown of expenses beyond what is typically available in summary 990 data, it's challenging to fully assess spending efficiency between program, administrative, and fundraising categories. The significant swings in expenses, such as $3,280 in 2022 versus $1,751,752 in 2021, suggest that the nature of its expenditures can vary dramatically year to year, likely tied to endowment distributions or specific projects.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates K U Endowment Charitable Gift Fund with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, K U Endowment Charitable Gift Fund 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:

$216KTotal Revenue
$506KTotal Expenses
$6.3MTotal Assets
$8KTotal Liabilities
$6.3MNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its asset size ($6.7 million latest assets). This suggests either volunteer leadership or that compensation is handled through an affiliated entity.

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 K U Endowment Charitable Gift Fund's IRS 990 filings:

Strengths

The following positive indicators were identified for K U Endowment Charitable Gift Fund:

Frequently Asked Questions about K U Endowment Charitable Gift Fund

Is K U Endowment Charitable Gift Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, K U Endowment Charitable Gift Fund (EIN: 200317170) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

How does K U Endowment Charitable Gift Fund spend its money?

K U Endowment Charitable Gift Fund directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to K U Endowment Charitable Gift Fund tax-deductible?

K U Endowment Charitable Gift Fund is registered as a tax-exempt nonprofit (EIN: 200317170). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the K U Endowment Charitable Gift Fund CEO make?

K U Endowment Charitable Gift Fund's highest-compensated officer earns $6.7 annually. The organization reported $298K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of K U Endowment Charitable Gift Fund's spending goes to programs?

K U Endowment Charitable Gift Fund directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does K U Endowment Charitable Gift Fund compare to similar nonprofits?

With a transparency score of 70/100 (Good), K U Endowment Charitable Gift Fund is above average for NTEE category T11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is K U Endowment Charitable Gift Fund located?

K U Endowment Charitable Gift Fund is headquartered in Lawrence, Kansas and files with the IRS under EIN 200317170. It is classified under NTEE code T11.

How many years of IRS 990 filings does K U Endowment Charitable Gift Fund have?

K U Endowment Charitable Gift Fund 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 $298K in total revenue.

How does the K U Endowment Charitable Gift Fund cover its operational deficits in years where expenses exceed revenue?

The organization likely covers operational deficits by drawing from its substantial asset base, which has ranged from $6.3 million to $8.2 million over the past decade, or through investment gains not fully reflected as 'revenue' in some summary filings.

What is the nature of the significant liabilities reported in certain years, such as $8,209 in 2023 or $641,333 in 2020?

The nature of these liabilities is not detailed in the summary data, but they could represent grants payable, investment-related obligations, or other short-term debts. The large fluctuations suggest they are not consistent operational liabilities.

Given the 0% officer compensation, how is the organization managed and administered?

The organization is likely managed by volunteer officers or through services provided by an affiliated entity (such as the main K U Endowment Association) which would bear the compensation costs, making the Gift Fund's direct officer compensation zero.

What accounts for the extreme variability in annual expenses, such as $3,280 in 2022 versus $1,751,752 in 2021?

This extreme variability in expenses likely reflects the timing of significant distributions, grants, or investment-related expenditures that are not incurred annually, or a change in how certain expenses are reported or allocated in specific fiscal years.

Filing History

IRS 990 filing history for K U Endowment Charitable Gift Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), K U Endowment Charitable Gift Fund's revenue has declined by 60.2%, moving from $543K to $216K. Total assets increased by 1.5% over the same period, from $6.2M to $6.3M. Total functional expenses rose by 17%, from $432K to $506K. In its most recent filing year (2023), K U Endowment Charitable Gift Fund reported a deficit of $290K, with expenses exceeding revenue. The organization holds $8K in liabilities against $6.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $6.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $216K $506K $6.3M $8K
2022 $383K $3K $6.6M $0 View 990
2021 $373K $1.8M $7.5M $0 View 990
2020 $338K $3K $8.2M $641K View 990
2019 $375K $423K $8.2M $704K View 990
2018 $1.2M $794K $8.2M $919K View 990
2017 $232K $192K $7.4M $355K View 990
2016 $358K $548K $7.1M $352K View 990
2015 $1.0M $945K $7.5M $370K View 990
2014 $538K $954K $7.8M $407K View 990
2013 $6K $24K $7.1M $386K View 990
2012 $355K $328K $6.0M $378K View 990
2011 $543K $432K $6.2M $417K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for K U Endowment Charitable Gift Fund:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for K U Endowment Charitable Gift 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.

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