The Kcf Fund Inc
Kcf Fund Inc shows strong asset growth and no executive compensation, but recent liabilities surged to $11.3 million.
EIN: 205653346 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.9M |
| Total Expenses | $988K |
| Program Spending | 90% |
| Net Assets | $13.5M |
| Transparency Score | 85/100 |
Is The Kcf Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Kcf Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Kcf Fund Inc
The Kcf Fund Inc (EIN: 205653346) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $12.9M and total assets of $23.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Kcf Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Kcf Fund Inc is a large nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $988K |
| Surplus / Deficit | +$2.0M |
| Total Assets | $13.5M |
| Total Liabilities | $11K |
| Net Assets | $13.5M |
| Operating Margin | 67.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 163.9 months |
Financial Health Grade: A
In 2023, The Kcf Fund Inc reported a surplus of $2.0M with revenue exceeding expenses, holds 163.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Kcf Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +232.2% | +8.7% | +17.3% |
| 2022 | -69.9% | -11.8% | -0.1% |
| 2021 | +622.1% | +42.1% | +12.1% |
| 2020 | +244.9% | +4.7% | -5.0% |
| 2019 | -73.3% | +4.2% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 The Kcf 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, The Kcf Fund Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $2.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The Kcf Fund Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a highly efficient operational model where leadership is likely volunteer-based or compensated through other means not classified as officer compensation, allowing more funds to be directed towards its mission.
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 The Kcf Fund Inc's IRS 990 filings:
- Sudden and substantial increase in liabilities from $1 to $11,300,000 in the latest filing (202312).
Strengths
The following positive indicators were identified for The Kcf Fund Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
- Significant growth in assets over time, from $2.4 million in 2011 to $13.4 million in 2023.
- Revenue in 202312 ($2,989,772) significantly exceeded expenses ($987,956), demonstrating financial health for that period.
Frequently Asked Questions about The Kcf Fund Inc
Is The Kcf Fund Inc a legitimate charity?
The Kcf Fund Inc (EIN: 205653346) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $12.9M. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does The Kcf Fund Inc spend its money?
The Kcf Fund Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Kcf Fund Inc tax-deductible?
The Kcf Fund Inc is registered as a tax-exempt nonprofit (EIN: 205653346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Kcf Fund Inc's spending goes to programs?
The Kcf Fund Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Kcf Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Kcf Fund Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Kcf Fund Inc located?
The Kcf Fund Inc is headquartered in New York, New York and files with the IRS under EIN 205653346. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Kcf Fund Inc have?
The Kcf Fund Inc 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 $12.9M in total revenue.
What caused the significant increase in liabilities from $1 in 202212 to $11,300,000 in 202312?
The IRS 990 data shows a dramatic increase in liabilities for The Kcf Fund Inc in its latest filing period (202312). This change from negligible liabilities in previous years to over $11 million is a critical financial event that would require reviewing the full Form 990, specifically Schedule D (Supplemental Financial Statements) and the Statement of Functional Expenses, to understand the nature of these liabilities (e.g., program-related investments, loans, or other obligations).
How does The Kcf Fund Inc sustain its operations without reporting officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key personnel is categorized differently within the IRS 990, such as through independent contractor payments or other administrative expenses. This practice, while efficient, could also indicate a reliance on external support or a very lean operational structure.
What is the primary use of the organization's growing assets?
With assets growing from $2.4 million in 2011 to over $13.4 million in 2023, understanding how these assets are deployed is crucial. Given the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), it is likely that a significant portion of these assets are held as endowments or for grantmaking activities, but a detailed breakdown would require reviewing the organization's investment policies and grant schedules.
Filing History
IRS 990 filing history for The Kcf Fund Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Kcf Fund Inc's revenue has grown by 799.5%, moving from $332K to $3.0M. Total assets increased by 446.8% over the same period, from $2.5M to $13.5M. Total functional expenses rose by 152.4%, from $391K to $988K. In its most recent filing year (2023), The Kcf Fund Inc reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $11K in liabilities against $13.5M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $13.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $988K | $13.5M | $11K | — | View 990 |
| 2022 | $900K | $909K | $11.5M | $1 | — | View 990 |
| 2021 | $3.0M | $1.0M | $11.5M | $1 | — | View 990 |
| 2020 | $414K | $726K | $10.3M | $1 | — | View 990 |
| 2019 | $120K | $693K | $10.8M | $1 | — | View 990 |
| 2015 | $450K | $665K | $10.3M | $0 | — | View 990 |
| 2014 | $4.6M | $666K | $10.5M | $0 | — | View 990 |
| 2013 | $4.6M | $398K | $6.6M | $2K | — | View 990 |
| 2012 | $346K | $404K | $2.4M | $0 | — | View 990 |
| 2011 | $332K | $391K | $2.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $988K, and assets of $13.5M (revenue +232.2% year-over-year).
- 2022: Revenue of $900K, expenses of $909K, and assets of $11.5M (revenue -69.9% year-over-year).
- 2021: Revenue of $3.0M, expenses of $1.0M, and assets of $11.5M (revenue +622.1% year-over-year).
- 2020: Revenue of $414K, expenses of $726K, and assets of $10.3M (revenue +244.9% year-over-year).
- 2019: Revenue of $120K, expenses of $693K, and assets of $10.8M (revenue -73.3% year-over-year).
- 2015: Revenue of $450K, expenses of $665K, and assets of $10.3M (revenue -90.1% year-over-year).
- 2014: Revenue of $4.6M, expenses of $666K, and assets of $10.5M (revenue -0.9% year-over-year).
- 2013: Revenue of $4.6M, expenses of $398K, and assets of $6.6M (revenue +1229.2% year-over-year).
- 2012: Revenue of $346K, expenses of $404K, and assets of $2.4M (revenue +4.2% year-over-year).
- 2011: Revenue of $332K, expenses of $391K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Kcf Fund Inc:
Data Sources and Methodology
This transparency report for The Kcf 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.