Is Blue Cross And Blue Shield Of Kansas…

Quick charity verification for Blue Cross And Blue Shield Of Kansas Foundation Inc (EIN: 203085640)

Strengths

Strong asset base, consistently above $10 million, providing long-term financial stability (e.g., $13,266,048 in 202312).
Zero reported officer compensation across all filings, indicating high efficiency in administrative costs related to executive leadership.
Very low liabilities, demonstrating sound financial management and minimal debt burden (e.g., $177,943 in 202312, often much lower).
Consistent history of IRS 990 filings, indicating good transparency and compliance.

Spending Breakdown

How Blue Cross And Blue Shield Of Kansas Foundation Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Blue Cross And Blue Shield Of Kansas Foundation Inc

Is Blue Cross And Blue Shield Of Kansas Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Blue Cross And Blue Shield Of Kansas Foundation Inc (EIN: 203085640) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.

Is Blue Cross And Blue Shield Of Kansas Foundation Inc a good charity to donate to?

Blue Cross And Blue Shield Of Kansas Foundation Inc has a Mission Score of 88/100. Revenue: $5.1M. Assets: $13.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Blue Cross And Blue Shield Of Kansas Foundation Inc?

The Employer Identification Number (EIN) for Blue Cross And Blue Shield Of Kansas Foundation Inc is 203085640. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Blue Cross And Blue Shield Of Kansas Foundation Inc spend its money?

Blue Cross And Blue Shield Of Kansas Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Blue Cross And Blue Shield Of Kansas Foundation Inc's tax-exempt status?

You can verify Blue Cross And Blue Shield Of Kansas Foundation Inc's tax-exempt status using EIN 203085640 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Blue Cross And Blue Shield Of Kansas Foundation Inc demonstrates a generally stable financial position with substantial assets relative to its annual expenses. In the latest reported period (202312), the organization had assets of $13,266,048 against expenses of $1,161,826, indicating a strong reserve. However, the foundation experienced a deficit in 202312, with revenues of $733,607 falling short of expenses, a trend also observed in 201912. This suggests that while the asset base is robust, the operational revenue doesn't consistently cover annual expenditures, potentially relying on investment income or prior year surpluses.

The organization's spending efficiency appears strong in terms of program focus, as indicated by the typical foundation model of grantmaking. The consistent reporting of 0% officer compensation across all filings is a significant positive for transparency and efficiency, suggesting that executive leadership is either volunteer-based or compensated through an affiliated entity, which would require further investigation for complete clarity. The foundation's consistent asset base over the years, generally above $10 million, provides a solid financial cushion for its philanthropic activities.

Overall, the foundation exhibits good financial health due to its substantial assets and low liabilities. Its transparency is high regarding executive compensation, or lack thereof, directly from the foundation. The occasional operational deficits warrant monitoring, but the overall financial stability is not immediately threatened given the significant asset base.

Is Blue Cross And Blue Shield Of Kansas Foundation Inc Legit?

Verdict: Blue Cross And Blue Shield Of Kansas Foundation Inc appears trustworthy

Red Flags