Mark And Anla Cheng Kingdon Fund
Mark And Anla Cheng Kingdon Fund shows strong asset growth and zero officer compensation over a decade.
EIN: 133948023 · New York, NY · NTEE: T21Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $66.2M |
| Total Expenses | $11.1M |
| Program Spending | 90% |
| Net Assets | $196.9M |
| Transparency Score | 95/100 |
Is Mark And Anla Cheng Kingdon Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mark And Anla Cheng Kingdon Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mark And Anla Cheng Kingdon Fund
Mark And Anla Cheng Kingdon Fund (EIN: 133948023) is a nonprofit organization based in New York, NY, classified under NTEE code T21Z. The organization reported total revenue of $66.2M and total assets of $219.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mark And Anla Cheng Kingdon Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mark And Anla Cheng Kingdon Fund is a major nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.5M |
| Total Expenses | $11.1M |
| Surplus / Deficit | $-555,387 |
| Total Assets | $196.9M |
| Total Liabilities | $1 |
| Net Assets | $196.9M |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 213.7 months |
Financial Health Grade: B
In 2023, Mark And Anla Cheng Kingdon Fund reported a deficit of $555K with expenses exceeding revenue, holds 213.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Mark And Anla Cheng Kingdon Fund's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.1% | +44.3% | -0.2% |
| 2022 | -32.5% | +48.9% | +9.0% |
| 2021 | +211.1% | -23.1% | +20.2% |
| 2020 | -53.6% | -8.4% | +3.0% |
| 2019 | +25.4% | -25.9% | +53.5% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mark And Anla Cheng Kingdon Fund with a Mission Score of 95 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, Mark And Anla Cheng Kingdon Fund 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 $555K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all ten filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not directly from the fund, which is highly favorable for resource allocation.
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 Mark And Anla Cheng Kingdon Fund's IRS 990 filings:
- Expenses slightly exceeded revenue in the 2023 period ($11,059,688 vs. $10,504,301), which, while minor, warrants monitoring.
Strengths
The following positive indicators were identified for Mark And Anla Cheng Kingdon Fund:
- Consistent zero officer compensation across all filings, indicating high efficiency and dedication of resources to mission.
- Significant asset growth from $77,995,091 in 2011 to $196,913,000 in 2023, demonstrating strong financial management.
- Extremely low liabilities, often $0 or $1, reflecting excellent financial stability and minimal debt.
- Strong financial health with expenses generally well below revenue in most periods, allowing for capital accumulation.
Frequently Asked Questions about Mark And Anla Cheng Kingdon Fund
Is Mark And Anla Cheng Kingdon Fund a legitimate charity?
Mark And Anla Cheng Kingdon Fund (EIN: 133948023) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $66.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Mark And Anla Cheng Kingdon Fund spend its money?
Mark And Anla Cheng Kingdon Fund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Mark And Anla Cheng Kingdon Fund tax-deductible?
Mark And Anla Cheng Kingdon Fund is registered as a tax-exempt nonprofit (EIN: 133948023). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Mark And Anla Cheng Kingdon Fund compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Mark And Anla Cheng Kingdon Fund is above average for NTEE category T21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mark And Anla Cheng Kingdon Fund located?
Mark And Anla Cheng Kingdon Fund is headquartered in New York, New York and files with the IRS under EIN 133948023. It is classified under NTEE code T21Z.
How many years of IRS 990 filings does Mark And Anla Cheng Kingdon Fund have?
Mark And Anla Cheng Kingdon Fund has 10 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 $66.2M in total revenue.
Is the Mark And Anla Cheng Kingdon Fund a good charity?
Based on the provided data, the fund appears to be a very good charity. It demonstrates strong financial health with significant asset growth, minimal liabilities, and a consistent record of zero officer compensation, suggesting high efficiency and dedication to its mission.
How has the fund's financial stability changed over time?
The fund's financial stability has significantly improved, with assets growing from $77,995,091 in 2011 to $196,913,000 in 2023, indicating robust long-term financial health and effective asset management.
What is the trend in the fund's revenue and expenses?
Revenue has fluctuated, peaking at $35,415,082 in 2021, while expenses have generally been well-managed and lower than revenue, contributing to asset growth. The 2023 filing showed expenses ($11,059,688) slightly exceeding revenue ($10,504,301), a rare occurrence in its history.
Filing History
IRS 990 filing history for Mark And Anla Cheng Kingdon Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mark And Anla Cheng Kingdon Fund's revenue has declined by 9.1%, moving from $11.6M to $10.5M. Total assets increased by 152.5% over the same period, from $78.0M to $196.9M. Total functional expenses rose by 29.6%, from $8.5M to $11.1M. In its most recent filing year (2023), Mark And Anla Cheng Kingdon Fund reported a deficit of $555K, with expenses exceeding revenue. The organization holds $1 in liabilities against $196.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $196.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.5M | $11.1M | $196.9M | $1 | — | — |
| 2022 | $23.9M | $7.7M | $197.4M | $630 | — | View 990 |
| 2021 | $35.4M | $5.1M | $181.2M | $630 | — | View 990 |
| 2020 | $11.4M | $6.7M | $150.7M | $1 | — | View 990 |
| 2019 | $24.6M | $7.3M | $146.2M | $0 | — | View 990 |
| 2015 | $19.6M | $9.9M | $95.3M | $0 | — | View 990 |
| 2014 | $14.4M | $11.6M | $85.5M | $0 | — | View 990 |
| 2013 | $12.7M | $10.9M | $82.8M | $0 | — | View 990 |
| 2012 | $14.4M | $11.4M | $81.0M | $0 | — | View 990 |
| 2011 | $11.6M | $8.5M | $78.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.5M, expenses of $11.1M, and assets of $196.9M (revenue -56.1% year-over-year).
- 2022: Revenue of $23.9M, expenses of $7.7M, and assets of $197.4M (revenue -32.5% year-over-year).
- 2021: Revenue of $35.4M, expenses of $5.1M, and assets of $181.2M (revenue +211.1% year-over-year).
- 2020: Revenue of $11.4M, expenses of $6.7M, and assets of $150.7M (revenue -53.6% year-over-year).
- 2019: Revenue of $24.6M, expenses of $7.3M, and assets of $146.2M (revenue +25.4% year-over-year).
- 2015: Revenue of $19.6M, expenses of $9.9M, and assets of $95.3M (revenue +35.9% year-over-year).
- 2014: Revenue of $14.4M, expenses of $11.6M, and assets of $85.5M (revenue +13.7% year-over-year).
- 2013: Revenue of $12.7M, expenses of $10.9M, and assets of $82.8M (revenue -11.8% year-over-year).
- 2012: Revenue of $14.4M, expenses of $11.4M, and assets of $81.0M (revenue +24.3% year-over-year).
- 2011: Revenue of $11.6M, expenses of $8.5M, and assets of $78.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mark And Anla Cheng Kingdon Fund:
Data Sources and Methodology
This transparency report for Mark And Anla Cheng Kingdon 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.