Quick charity verification for Kansas Economic Progress Council Inc (EIN: 203722582)
Verdict: Kansas Economic Progress Council Inc appears trustworthy
85/100Mission Score
$37KRevenue
$8KAssets
1Red Flags
5Strengths
Red Flags
Declining revenue trend over the past decade
Strengths
Consistent positive net assets
Zero reported officer compensation across all filings
No liabilities reported in recent years
Consistent IRS 990 filing history
Expenses closely align with revenue, indicating efficient spending
Spending Breakdown
How Kansas Economic Progress Council Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Kansas Economic Progress Council Inc
Is Kansas Economic Progress Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kansas Economic Progress Council Inc (EIN: 203722582) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Kansas Economic Progress Council Inc a good charity to donate to?
Kansas Economic Progress Council Inc has a Mission Score of 85/100. Revenue: $37K. Assets: $8K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kansas Economic Progress Council Inc?
The Employer Identification Number (EIN) for Kansas Economic Progress Council Inc is 203722582. 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 Kansas Economic Progress Council Inc spend its money?
Kansas Economic Progress Council Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kansas Economic Progress Council Inc's tax-exempt status?
You can verify Kansas Economic Progress Council Inc's tax-exempt status using EIN 203722582 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
The Kansas Economic Progress Council Inc. demonstrates consistent financial stability, albeit at a small scale. Over the past decade, its revenue has generally declined, from $89,587 in 2011 to $37,274 in 2020. Despite this, the organization has maintained positive net assets, with $8,172 in assets and $0 liabilities in 2020, indicating sound financial management and no reliance on debt.
Spending efficiency appears to be a strength, as the organization consistently spends close to its revenue, with expenses of $33,697 against $37,274 in revenue in 2020. The absence of reported officer compensation across all available filings suggests that leadership is either volunteer-based or compensated through other means not disclosed as officer compensation, which can be a positive indicator for donor funds directly supporting the mission.
Transparency is high given the consistent filing of IRS Form 990s and the clear financial data provided. The organization's small size and consistent financial reporting, coupled with zero reported officer compensation, contribute to a positive view of its financial health and commitment to its stated purpose.