Ketchikan Charr Educational Fund Inc
Ketchikan Charr Educational Fund Inc maintains stable assets with no executive compensation, despite fluctuating annual revenues and expenses.
EIN: 208496493 · Ketchikan, AK · NTEE: B12 · Updated: 2026-03-28
Is Ketchikan Charr Educational Fund Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ketchikan Charr Educational Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ketchikan Charr Educational Fund Inc
Ketchikan Charr Educational Fund Inc (EIN: 208496493) is a nonprofit organization based in Ketchikan, AK, classified under NTEE code B12. The organization reported total revenue of $30K and total assets of $112K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ketchikan Charr Educational Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ketchikan Charr Educational Fund Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $32K |
| Surplus / Deficit | $-2,907 |
| Total Assets | $117K |
| Total Liabilities | $14K |
| Net Assets | $103K |
| Operating Margin | -10.0% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 43.9 months |
Financial Health Grade: B
In 2023, Ketchikan Charr Educational Fund Inc reported a deficit of $3K with expenses exceeding revenue, holds 43.9 months of operating reserves (strong position), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ketchikan Charr Educational Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.3% | +10.6% | +10.4% |
| 2022 | +135.2% | +131.7% | -23.0% |
| 2021 | +406.3% | — | +19.5% |
| 2020 | -84.5% | -100.0% | +13.8% |
| 2019 | -31.4% | -44.3% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Ketchikan Charr Educational 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Ketchikan Charr Educational Fund Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led or extremely lean executive structure, directing all available funds to operations and programs.
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.
Strengths
The following positive indicators were identified for Ketchikan Charr Educational Fund Inc:
- Consistent IRS 990 filing history (13 filings) demonstrating transparency.
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Healthy asset base ($116,561 in 2023) relative to its annual revenue and expenses, providing financial stability.
- Low liabilities ($13,873 in 2023) compared to assets, indicating good financial management.
Frequently Asked Questions about Ketchikan Charr Educational Fund Inc
Is Ketchikan Charr Educational Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ketchikan Charr Educational Fund Inc (EIN: 208496493) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Ketchikan Charr Educational Fund Inc spend its money?
Ketchikan Charr Educational Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ketchikan Charr Educational Fund Inc tax-deductible?
Ketchikan Charr Educational Fund Inc is registered as a tax-exempt nonprofit (EIN: 208496493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ketchikan Charr Educational Fund Inc a good charity?
Based on the available data, Ketchikan Charr Educational Fund Inc appears to be a good charity. It consistently files its IRS 990s, maintains a healthy asset base relative to its size, and reports no officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How does the organization manage its finances given fluctuating revenues?
The organization manages fluctuating revenues by maintaining a solid asset base, which was $116,561 in 2023. This allows it to absorb periods where expenses ($31,851 in 2023) exceed revenues ($28,944 in 2023) without significant financial distress.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is to pay none. Officer compensation is reported as 0% in all 13 available filings, indicating a volunteer-driven leadership or a structure where executive roles are not salaried.
Filing History
IRS 990 filing history for Ketchikan Charr Educational Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ketchikan Charr Educational Fund Inc's revenue has declined by 24%, moving from $38K to $29K. Total assets increased by 116.7% over the same period, from $54K to $117K. Total functional expenses rose by 4.2%, from $31K to $32K. In its most recent filing year (2023), Ketchikan Charr Educational Fund Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $14K in liabilities against $117K in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $103K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $32K | $117K | $14K | — | View 990 |
| 2022 | $32K | $29K | $106K | $0 | — | View 990 |
| 2021 | $13K | $12K | $137K | $34K | — | View 990 |
| 2020 | $3K | $0 | $115K | $13K | — | — |
| 2019 | $17K | $17K | $101K | $2K | — | View 990 |
| 2018 | $25K | $30K | $99K | $15 | — | View 990 |
| 2017 | $36K | $53K | $103K | $0 | — | View 990 |
| 2016 | $49K | $26K | $121K | $0 | — | View 990 |
| 2015 | $59K | $32K | $98K | $0 | — | View 990 |
| 2014 | $41K | $30K | $74K | $3K | — | View 990 |
| 2013 | $32K | $32K | $61K | $18 | — | View 990 |
| 2012 | $37K | $30K | $61K | $0 | — | View 990 |
| 2011 | $38K | $31K | $54K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $32K, and assets of $117K (revenue -8.3% year-over-year).
- 2022: Revenue of $32K, expenses of $29K, and assets of $106K (revenue +135.2% year-over-year).
- 2021: Revenue of $13K, expenses of $12K, and assets of $137K (revenue +406.3% year-over-year).
- 2020: Revenue of $3K, expenses of $0, and assets of $115K (revenue -84.5% year-over-year).
- 2019: Revenue of $17K, expenses of $17K, and assets of $101K (revenue -31.4% year-over-year).
- 2018: Revenue of $25K, expenses of $30K, and assets of $99K (revenue -30.1% year-over-year).
- 2017: Revenue of $36K, expenses of $53K, and assets of $103K (revenue -27.0% year-over-year).
- 2016: Revenue of $49K, expenses of $26K, and assets of $121K (revenue -17.0% year-over-year).
- 2015: Revenue of $59K, expenses of $32K, and assets of $98K (revenue +44.8% year-over-year).
- 2014: Revenue of $41K, expenses of $30K, and assets of $74K (revenue +26.0% year-over-year).
- 2013: Revenue of $32K, expenses of $32K, and assets of $61K (revenue -13.6% year-over-year).
- 2012: Revenue of $37K, expenses of $30K, and assets of $61K (revenue -1.8% year-over-year).
- 2011: Revenue of $38K, expenses of $31K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ketchikan Charr Educational Fund Inc:
Data Sources and Methodology
This transparency report for Ketchikan Charr Educational 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.