Bangs Family Foundation
Bangs Family Foundation maintains strong asset base with zero executive compensation and fluctuating revenue.
EIN: 10756380 · Lenexa, KS · NTEE: T20 · Updated: 2026-03-27
Is Bangs Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bangs Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bangs Family Foundation
Bangs Family Foundation (EIN: 10756380) is a nonprofit organization based in Lenexa, KS, classified under NTEE code T20. The organization reported total revenue of $335K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bangs Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bangs Family Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bangs Family Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The Bangs Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis, which is highly commendable for a foundation of its size with over $2 million in assets.
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 Bangs Family Foundation's IRS 990 filings:
- Lack of detailed expense breakdown in public filings to fully assess program efficiency.
Strengths
The following positive indicators were identified for Bangs Family Foundation:
- Zero officer compensation across all reported periods, indicating volunteer leadership.
- Strong and consistent asset base, exceeding $2.2 million in recent years, providing financial stability.
- Minimal liabilities ($1 or $0) across all filings, demonstrating sound financial management.
- Consistent filing history (11 filings), indicating good compliance and transparency.
Frequently Asked Questions about Bangs Family Foundation
Is Bangs Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bangs Family Foundation (EIN: 10756380) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Bangs Family Foundation spend its money?
Bangs Family Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bangs Family Foundation tax-deductible?
Bangs Family Foundation is registered as a tax-exempt nonprofit (EIN: 10756380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bangs Family Foundation a good charity?
Based on the available IRS 990 data, the Bangs Family Foundation appears to be a well-managed organization with a strong asset base and no reported executive compensation, suggesting a high dedication to its mission. However, a detailed breakdown of program spending versus administrative costs would provide a more complete picture of its efficiency.
How does the foundation manage its expenses?
The foundation's expenses have been relatively stable, ranging from $130,453 in 202106 to $205,769 in 202406. With zero officer compensation, it suggests that the majority of expenses are likely directed towards its charitable activities and necessary operational costs.
What is the financial stability of the Bangs Family Foundation?
The foundation demonstrates strong financial stability, consistently holding over $1.4 million in assets, reaching $2,294,875 in 202406, while maintaining minimal liabilities (typically $1 or $0). This indicates a robust financial position capable of sustaining its operations.
Filing History
IRS 990 filing history for Bangs Family Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Bangs Family Foundation's revenue has grown by 245.3%, moving from $81K to $281K. Total assets increased by 41.3% over the same period, from $1.6M to $2.3M. Total functional expenses rose by 6%, from $194K to $206K. In its most recent filing year (2024), Bangs Family Foundation reported a surplus of $75K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $281K | $206K | $2.3M | $1 | — | — |
| 2023 | $129K | $184K | $2.2M | $1 | — | View 990 |
| 2022 | $92K | $196K | $2.3M | $1 | — | View 990 |
| 2021 | $1.1M | $130K | $2.4M | $1 | — | View 990 |
| 2020 | $21K | $164K | $1.5M | $1 | — | View 990 |
| 2016 | $122K | $151K | $1.6M | $1 | — | View 990 |
| 2015 | $129K | $166K | $1.6M | $1 | — | View 990 |
| 2014 | $278K | $157K | $1.7M | $0 | — | View 990 |
| 2013 | $139K | $146K | $1.6M | $0 | — | View 990 |
| 2012 | $96K | $151K | $1.6M | $0 | — | View 990 |
| 2011 | $81K | $194K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $281K, expenses of $206K, and assets of $2.3M (revenue +118.1% year-over-year).
- 2023: Revenue of $129K, expenses of $184K, and assets of $2.2M (revenue +39.5% year-over-year).
- 2022: Revenue of $92K, expenses of $196K, and assets of $2.3M (revenue -91.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $130K, and assets of $2.4M (revenue +4944.5% year-over-year).
- 2020: Revenue of $21K, expenses of $164K, and assets of $1.5M (revenue -82.9% year-over-year).
- 2016: Revenue of $122K, expenses of $151K, and assets of $1.6M (revenue -5.2% year-over-year).
- 2015: Revenue of $129K, expenses of $166K, and assets of $1.6M (revenue -53.7% year-over-year).
- 2014: Revenue of $278K, expenses of $157K, and assets of $1.7M (revenue +100.1% year-over-year).
- 2013: Revenue of $139K, expenses of $146K, and assets of $1.6M (revenue +45.0% year-over-year).
- 2012: Revenue of $96K, expenses of $151K, and assets of $1.6M (revenue +17.9% year-over-year).
- 2011: Revenue of $81K, expenses of $194K, and assets of $1.6M.
Data Sources and Methodology
This transparency report for Bangs 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.