Student Loan Fund Of The Rotary Club Of Larned Kansas
Student Loan Fund maintains substantial assets while experiencing fluctuating revenue and occasional deficit spending.
EIN: 208921370 · Tulsa, OK · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $78K |
| Total Expenses | $30K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $434K |
| Transparency Score | 90/100 |
Is Student Loan Fund Of The Rotary Club Of Larned Kansas Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Student Loan Fund Of The Rotary Club Of Larned Kansas directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Student Loan Fund Of The Rotary Club Of Larned Kansas
Student Loan Fund Of The Rotary Club Of Larned Kansas (EIN: 208921370) is a nonprofit organization based in Tulsa, OK, classified under NTEE code B99. The organization reported total revenue of $78K and total assets of $425K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Student Loan Fund Of The Rotary Club Of Larned Kansas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Student Loan Fund Of The Rotary Club Of Larned Kansas is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $30K |
| Surplus / Deficit | $-14,444 |
| Total Assets | $434K |
| Total Liabilities | $1 |
| Net Assets | $434K |
| Operating Margin | -93.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 174.7 months |
Financial Health Grade: B
In 2023, Student Loan Fund Of The Rotary Club Of Larned Kansas reported a deficit of $14K with expenses exceeding revenue, holds 174.7 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), Student Loan Fund Of The Rotary Club Of Larned Kansas's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.8% | +25.6% | -4.0% |
| 2022 | -59.5% | +5.4% | -3.1% |
| 2021 | +28.9% | -46.7% | +0.1% |
| 2020 | +11.4% | +337.3% | -5.4% |
| 2019 | +26.2% | +20.0% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Student Loan Fund Of The Rotary Club Of Larned Kansas with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Student Loan Fund Of The Rotary Club Of Larned Kansas allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is unpaid, which is highly commendable for a nonprofit of its size with assets over $400,000.
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 Student Loan Fund Of The Rotary Club Of Larned Kansas's IRS 990 filings:
- Expenses have exceeded revenue in several recent years (e.g., 2023, 2022, 2020), indicating reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Student Loan Fund Of The Rotary Club Of Larned Kansas:
- Consistently reports 0% officer compensation, indicating high efficiency and dedication to mission.
- Maintains substantial assets (over $400,000) providing long-term financial stability.
- Minimal liabilities reported across all filings, demonstrating sound financial management.
- Long history of IRS 990 filings (10 filings) indicates transparency and consistent reporting.
Frequently Asked Questions about Student Loan Fund Of The Rotary Club Of Larned Kansas
Is Student Loan Fund Of The Rotary Club Of Larned Kansas a legitimate charity?
Student Loan Fund Of The Rotary Club Of Larned Kansas (EIN: 208921370) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $78K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Student Loan Fund Of The Rotary Club Of Larned Kansas spend its money?
Student Loan Fund Of The Rotary Club Of Larned Kansas directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Student Loan Fund Of The Rotary Club Of Larned Kansas tax-deductible?
Student Loan Fund Of The Rotary Club Of Larned Kansas is registered as a tax-exempt nonprofit (EIN: 208921370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Student Loan Fund Of The Rotary Club Of Larned Kansas CEO make?
Student Loan Fund Of The Rotary Club Of Larned Kansas's highest-compensated officer earns $400,000. annually. The organization reported $78K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Student Loan Fund Of The Rotary Club Of Larned Kansas compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Student Loan Fund Of The Rotary Club Of Larned Kansas is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Student Loan Fund Of The Rotary Club Of Larned Kansas located?
Student Loan Fund Of The Rotary Club Of Larned Kansas is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 208921370. It is classified under NTEE code B99.
How many years of IRS 990 filings does Student Loan Fund Of The Rotary Club Of Larned Kansas have?
Student Loan Fund Of The Rotary Club Of Larned Kansas 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 $78K in total revenue.
Is Student Loan Fund Of The Rotary Club Of Larned Kansas a good charity?
Based on the available data, the organization appears to be a good charity. It has substantial assets ($434,288 in 2023), consistently reports zero officer compensation, and maintains minimal liabilities, suggesting strong financial health and a high dedication to its mission.
How does the organization fund its operations given that expenses sometimes exceed revenue?
In years where expenses exceed revenue (e.g., 2023 with $29,836 expenses vs. $15,392 revenue), the organization likely draws upon its significant asset base, which functions as an endowment to support its student loan program.
What is the trend in the organization's assets?
The organization's assets have seen a gradual decline from a peak of $493,310 in 2019 to $434,288 in 2023, though they remain substantial and stable over the long term.
Filing History
IRS 990 filing history for Student Loan Fund Of The Rotary Club Of Larned Kansas showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Student Loan Fund Of The Rotary Club Of Larned Kansas's revenue has declined by 1.3%, moving from $16K to $15K. Total assets increased by 0.3% over the same period, from $433K to $434K. Total functional expenses rose by 143%, from $12K to $30K. In its most recent filing year (2023), Student Loan Fund Of The Rotary Club Of Larned Kansas reported a deficit of $14K, with expenses exceeding revenue. The organization holds $1 in liabilities against $434K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $434K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $30K | $434K | $1 | — | — |
| 2022 | $9K | $24K | $452K | $1 | — | — |
| 2021 | $23K | $23K | $467K | $1 | — | — |
| 2020 | $18K | $42K | $467K | $1 | — | View 990 |
| 2019 | $16K | $10K | $493K | $0 | — | View 990 |
| 2015 | $13K | $8K | $481K | $0 | — | View 990 |
| 2014 | $22K | $8K | $476K | $0 | — | View 990 |
| 2013 | $25K | $14K | $462K | $1 | — | View 990 |
| 2012 | $26K | $7K | $452K | $1 | — | View 990 |
| 2011 | $16K | $12K | $433K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $30K, and assets of $434K (revenue +65.8% year-over-year).
- 2022: Revenue of $9K, expenses of $24K, and assets of $452K (revenue -59.5% year-over-year).
- 2021: Revenue of $23K, expenses of $23K, and assets of $467K (revenue +28.9% year-over-year).
- 2020: Revenue of $18K, expenses of $42K, and assets of $467K (revenue +11.4% year-over-year).
- 2019: Revenue of $16K, expenses of $10K, and assets of $493K (revenue +26.2% year-over-year).
- 2015: Revenue of $13K, expenses of $8K, and assets of $481K (revenue -43.3% year-over-year).
- 2014: Revenue of $22K, expenses of $8K, and assets of $476K (revenue -9.0% year-over-year).
- 2013: Revenue of $25K, expenses of $14K, and assets of $462K (revenue -6.5% year-over-year).
- 2012: Revenue of $26K, expenses of $7K, and assets of $452K (revenue +68.2% year-over-year).
- 2011: Revenue of $16K, expenses of $12K, and assets of $433K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Student Loan Fund Of The Rotary Club Of Larned Kansas:
Data Sources and Methodology
This transparency report for Student Loan Fund Of The Rotary Club Of Larned Kansas 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.