Kane College Fund Trust
Kane College Fund Trust reports minimal revenue and assets, with expenses frequently exceeding income.
EIN: 16007762 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $570 |
| Program Spending | 80% |
| Net Assets | $11K |
| Transparency Score | 60/100 |
Is Kane College Fund Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kane College Fund Trust directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kane College Fund Trust
Kane College Fund Trust (EIN: 16007762) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $4K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kane College Fund Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kane College Fund Trust is a micro nonprofit that has been operating for 54 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -9.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $602 |
| Total Expenses | $570 |
| Surplus / Deficit | +$32 |
| Total Assets | $11K |
| Total Liabilities | $1 |
| Net Assets | $11K |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 229.0 months |
Financial Health Grade: A
In 2021, Kane College Fund Trust reported a surplus of $32 with revenue exceeding expenses, holds 229.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), Kane College Fund Trust's revenue has declined at a compound annual growth rate (CAGR) of -9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +58.4% | -49.6% | +0.4% |
| 2020 | -2.3% | +62.4% | -6.5% |
| 2019 | +411.8% | +0.7% | -11.9% |
| 2015 | -93.9% | -24.6% | -4.5% |
| 2014 | +286.9% | +2.2% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
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 Kane College Fund Trust with a Mission Score of 60 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
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Kane College Fund Trust allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is appropriate given its very small size and limited financial resources.
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 Kane College Fund Trust's IRS 990 filings:
- Significant and unexplained drop in assets to $1 in the latest filing.
- Expenses frequently exceed revenue, indicating potential financial instability.
- Very low revenue and asset base, limiting potential impact.
Strengths
The following positive indicators were identified for Kane College Fund Trust:
- Zero officer compensation, indicating volunteer leadership and efficient use of funds for personnel.
- Consistent filing history, demonstrating compliance with IRS requirements.
Frequently Asked Questions about Kane College Fund Trust
Is Kane College Fund Trust a legitimate charity?
Kane College Fund Trust (EIN: 16007762) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 60/100. It has 8 years of IRS 990 filings on record. Total revenue: $4K. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Kane College Fund Trust spend its money?
Kane College Fund Trust directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Kane College Fund Trust tax-deductible?
Kane College Fund Trust is registered as a tax-exempt nonprofit (EIN: 16007762). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kane College Fund Trust located?
Kane College Fund Trust is headquartered in Concord, New Hampshire and files with the IRS under EIN 16007762.
How many years of IRS 990 filings does Kane College Fund Trust have?
Kane College Fund Trust has 8 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 $4K in total revenue.
What caused the significant decrease in assets from over $10,000 to $1 in the latest filing?
The provided data does not specify the reason for the drastic reduction in assets from $10,879 in 2021 to $1 in the latest filing. This would require reviewing the full IRS Form 990 for the relevant period.
Is Kane College Fund Trust still actively pursuing its mission given its minimal financial activity?
With latest revenue of $4,322 and assets of $1, the organization's operational capacity appears extremely limited. While it continues to file, its ability to make a significant impact may be constrained by its financial state.
What are the primary expenses of the organization, given that officer compensation is 0%?
The filings only provide total expenses. Without a detailed breakdown, it's impossible to determine the specific categories of spending, such as program services, administrative costs, or fundraising efforts.
Filing History
IRS 990 filing history for Kane College Fund Trust showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Kane College Fund Trust's revenue has declined by 61.9%, moving from $2K to $602. Total assets decreased by 31% over the same period, from $16K to $11K. Total functional expenses fell by 51.2%, from $1K to $570. In its most recent filing year (2021), Kane College Fund Trust reported a surplus of $32, with revenue exceeding expenses. The organization holds $1 in liabilities against $11K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $602 | $570 | $11K | $1 | — | — |
| 2020 | $380 | $1K | $11K | $1 | — | — |
| 2019 | $389 | $696 | $12K | $0 | — | View 990 |
| 2015 | $76 | $691 | $13K | $0 | — | View 990 |
| 2014 | $1K | $916 | $14K | $0 | — | View 990 |
| 2013 | $320 | $896 | $13K | $0 | — | View 990 |
| 2012 | $-114 | $2K | $14K | $0 | — | View 990 |
| 2011 | $2K | $1K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $602, expenses of $570, and assets of $11K (revenue +58.4% year-over-year).
- 2020: Revenue of $380, expenses of $1K, and assets of $11K (revenue -2.3% year-over-year).
- 2019: Revenue of $389, expenses of $696, and assets of $12K (revenue +411.8% year-over-year).
- 2015: Revenue of $76, expenses of $691, and assets of $13K (revenue -93.9% year-over-year).
- 2014: Revenue of $1K, expenses of $916, and assets of $14K (revenue +286.9% year-over-year).
- 2013: Revenue of $320, expenses of $896, and assets of $13K.
- 2012: Revenue of $-114, expenses of $2K, and assets of $14K (revenue -107.2% year-over-year).
- 2011: Revenue of $2K, expenses of $1K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kane College Fund Trust:
Data Sources and Methodology
This transparency report for Kane College Fund Trust 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.