R L Kane Family Foundation
Small Family Foundation with Inconsistent Revenue and High Administrative Costs
EIN: 222783771 · Bondville, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $97K |
| Total Expenses | $76K |
| Program Spending | 10% |
| Net Assets | $895K |
| Transparency Score | 65/100 |
Is R L Kane Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
R L Kane Family Foundation directs 10% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About R L Kane Family Foundation
R L Kane Family Foundation (EIN: 222783771) is a nonprofit organization based in Bondville, VT. The organization reported total revenue of $97K and total assets of $904K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of R L Kane Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
R L Kane Family Foundation is a micro nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -114.0% | -9.5% | -9.1% |
| 2022 | -79.6% | +79.0% | -2.9% |
| 2021 | +423.2% | +4.4% | +64.6% |
| 2020 | +249.0% | -0.8% | +1.6% |
| 2019 | -25.2% | +5.3% | -12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 R L Kane Family Foundation with a Mission Score of 65 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: 80%
- programs: 10%
- fundraising: 10%
According to IRS 990 filings, R L Kane Family Foundation allocates its expenses as follows: admin: 80%, programs: 10%, fundraising: 10%. Only 10% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided filings, but given the high administrative expenses relative to revenue and program spending, it warrants further investigation.
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 R L Kane Family Foundation's IRS 990 filings:
- High administrative expenses (e.g., $76,416 in 2023) consistently outweigh program spending.
- Significant year-over-year fluctuations in revenue, making financial planning and sustainability uncertain.
- Lack of transparency regarding program activities and impact.
- Assets decreased from $983,847 in 2022 to $894,770 in 2023, indicating a decline in financial health.
Strengths
The following positive indicators were identified for R L Kane Family Foundation:
- Maintains a low liability-to-asset ratio (l1 in all years, indicating minimal debt).
- Consistent existence over a decade, suggesting long-term commitment from founders.
Frequently Asked Questions about R L Kane Family Foundation
Is R L Kane Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, R L Kane Family Foundation (EIN: 222783771) some concerns. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
How does R L Kane Family Foundation spend its money?
R L Kane Family Foundation directs 10% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to R L Kane Family Foundation tax-deductible?
R L Kane Family Foundation is registered as a tax-exempt nonprofit (EIN: 222783771). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of R L Kane Family Foundation's spending goes to programs?
R L Kane Family Foundation directs 10% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is R L Kane Family Foundation located?
R L Kane Family Foundation is headquartered in Bondville, Vermont and files with the IRS under EIN 222783771.
How many years of IRS 990 filings does R L Kane Family Foundation have?
R L Kane Family Foundation 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 $97K in total revenue.
What does R L Kane Family Foundation do?
R L Kane Family Foundation is a nonprofit organization in the Unknown sector, located in Bondville, Vermont. It is classified under NTEE code Unknown.
How much revenue does R L Kane Family Foundation have?
R L Kane Family Foundation reported total revenue of $96,928. Based on 10 IRS 990 filings on record.
What are R L Kane Family Foundation's total assets?
R L Kane Family Foundation holds total assets of $903,725 as reported in IRS 990 filings.
Where is R L Kane Family Foundation located?
R L Kane Family Foundation is based in Bondville, Vermont.
What is R L Kane Family Foundation's EIN?
R L Kane Family Foundation's Employer Identification Number (EIN) is 222783771. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is R L Kane Family Foundation?
R L Kane Family Foundation is classified under NTEE code Unknown (Unknown).
Is R L Kane Family Foundation a registered 501(c)(3)?
R L Kane Family Foundation appears in IRS records (EIN: 222783771). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does R L Kane Family Foundation file IRS Form 990?
Yes, R L Kane Family Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was R L Kane Family Foundation's revenue in 2023?
In the 202312 filing period, R L Kane Family Foundation reported total revenue of $-12,661, total expenses of $76,416, and net assets of $894,770.
Is R L Kane Family Foundation's revenue growing or declining?
R L Kane Family Foundation's revenue is declining. Revenue went from $90,629 (202212) to $-12,661 (202312), a -114.0% change. Based on 10 filings on record.
What is R L Kane Family Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for R L Kane Family Foundation covers tax period 202312. It shows revenue of $-12,661, expenses of $76,416, total assets of $894,770, and liabilities of $1.
How much does R L Kane Family Foundation spend on programs vs administration?
Based on IRS 990 analysis, R L Kane Family Foundation allocates approximately 10% of expenses to program services, 80% to administrative costs, and 10% to fundraising. Overhead costs appear high relative to program spending.
Is R L Kane Family Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, R L Kane Family Foundation shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 2 strengths noted.
What are the red flags for R L Kane Family Foundation?
The following concerns were identified: High administrative expenses (e.g., $76,416 in 2023) consistently outweigh program spending.. Significant year-over-year fluctuations in revenue, making financial planning and sustainability uncertain.. Lack of transparency regarding program activities and impact.. Assets decreased from $983,847 in 2022 to $894,770 in 2023, indicating a decline in financial health.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are R L Kane Family Foundation's strengths?
Positive indicators for R L Kane Family Foundation include: Maintains a low liability-to-asset ratio (l1 in all years, indicating minimal debt).. Consistent existence over a decade, suggesting long-term commitment from founders.. These findings are derived from AI analysis of the organization's financial filings.
How does R L Kane Family Foundation compensate executives?
Executive compensation is not explicitly detailed in the provided filings, but given the high administrative expenses relative to revenue and program spending, it warrants further investigation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is R L Kane Family Foundation?
- No detailed program descriptions or impact reports are publicly available. - Financial statements lack granular breakdown of administrative and fundraising expenses. - No information on board governance or conflict of interest policies. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent pattern of high expenses relative to revenue and minimal program spending, what is the primary charitable activity or purpose of the R L Kane Family Foundation?
The provided data does not offer specific details on the foundation's charitable activities. The high administrative costs and low program spending suggest that the foundation may primarily serve as a vehicle for managing family assets or has very limited direct charitable operations, with most 'expenses' potentially being related to asset management or internal operations rather than external grants or programs.
How does the foundation sustain its operations with such volatile revenue and high administrative overhead?
The foundation appears to sustain operations by drawing from its asset base, which has fluctuated but generally remained substantial. For example, in 2023, revenue was $12,661 while expenses were $76,416, indicating a reliance on existing assets to cover the deficit. This model is not sustainable long-term without significant new contributions or investment returns.
Filing History
IRS 990 filing history for R L Kane Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), R L Kane Family Foundation's revenue has declined by 131.3%, moving from $41K to $-12,661. Total assets increased by 25.1% over the same period, from $715K to $895K. Total functional expenses rose by 95.4%, from $39K to $76K. The organization holds $1 in liabilities against $895K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $895K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-12,661 | $76K | $895K | $1 | — | — |
| 2022 | $91K | $84K | $984K | $1 | — | View 990 |
| 2021 | $445K | $47K | $1.0M | $1 | — | View 990 |
| 2020 | $85K | $45K | $616K | $1 | — | — |
| 2019 | $24K | $46K | $606K | $1 | — | — |
| 2015 | $33K | $43K | $693K | $1 | — | View 990 |
| 2014 | $69K | $38K | $703K | $1 | — | View 990 |
| 2013 | $17K | $38K | $672K | $1 | — | View 990 |
| 2012 | $13K | $35K | $692K | $1 | — | View 990 |
| 2011 | $41K | $39K | $715K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-12,661, expenses of $76K, and assets of $895K (revenue -114.0% year-over-year).
- 2022: Revenue of $91K, expenses of $84K, and assets of $984K (revenue -79.6% year-over-year).
- 2021: Revenue of $445K, expenses of $47K, and assets of $1.0M (revenue +423.2% year-over-year).
- 2020: Revenue of $85K, expenses of $45K, and assets of $616K (revenue +249.0% year-over-year).
- 2019: Revenue of $24K, expenses of $46K, and assets of $606K (revenue -25.2% year-over-year).
- 2015: Revenue of $33K, expenses of $43K, and assets of $693K (revenue -53.0% year-over-year).
- 2014: Revenue of $69K, expenses of $38K, and assets of $703K (revenue +301.9% year-over-year).
- 2013: Revenue of $17K, expenses of $38K, and assets of $672K (revenue +37.6% year-over-year).
- 2012: Revenue of $13K, expenses of $35K, and assets of $692K (revenue -69.1% year-over-year).
- 2011: Revenue of $41K, expenses of $39K, and assets of $715K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for R L Kane Family Foundation:
Data Sources and Methodology
This transparency report for R L Kane Family Foundation 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.