Blue Cross And Blue Shield Of Kansas Foundation Inc
Kansas Foundation maintains strong asset base despite occasional operational deficits and zero reported officer compensation.
EIN: 203085640 · Topeka, KS · NTEE: E70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| Net Assets | $13.1M |
| Transparency Score | 88/100 |
Is Blue Cross And Blue Shield Of Kansas Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blue Cross And Blue Shield Of Kansas Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blue Cross And Blue Shield Of Kansas Foundation Inc
Blue Cross And Blue Shield Of Kansas Foundation Inc (EIN: 203085640) is a nonprofit organization based in Topeka, KS, classified under NTEE code E70. The organization reported total revenue of $5.1M and total assets of $13.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Cross And Blue Shield Of Kansas Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Cross And Blue Shield Of Kansas Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $734K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-428,219 |
| Total Assets | $13.3M |
| Total Liabilities | $178K |
| Net Assets | $13.1M |
| Operating Margin | -58.4% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 137.0 months |
Financial Health Grade: B
In 2023, Blue Cross And Blue Shield Of Kansas Foundation Inc reported a deficit of $428K with expenses exceeding revenue, holds 137.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Blue Cross And Blue Shield Of Kansas Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.2% | +67.2% | +327.7% |
| 2022 | -28.8% | -25.0% | -76.9% |
| 2021 | +18.0% | +4.4% | +3.0% |
| 2020 | +127.4% | -10.9% | +1.9% |
| 2019 | -51.6% | +9.0% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Blue Cross And Blue Shield Of Kansas Foundation Inc with a Mission Score of 88 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, Blue Cross And Blue Shield Of Kansas Foundation Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $428K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity of its size and asset base. This suggests that executive leadership may be uncompensated volunteers or compensated by an affiliated entity, which enhances the perception of efficiency and dedication to 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 Blue Cross And Blue Shield Of Kansas Foundation Inc's IRS 990 filings:
- Consistent operational deficits in some years (e.g., 202312, 201912) where expenses exceed revenue, indicating reliance on reserves or investment income.
- Unusually low liabilities across most periods, which while positive, could also indicate a lack of significant operational commitments or deferred expenses.
Strengths
The following positive indicators were identified for Blue Cross And Blue Shield Of Kansas Foundation Inc:
- 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.
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) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Blue Cross And Blue Shield Of Kansas Foundation Inc spend its money?
Blue Cross And Blue Shield Of Kansas Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Blue Cross And Blue Shield Of Kansas Foundation Inc tax-deductible?
Blue Cross And Blue Shield Of Kansas Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203085640). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Blue Cross And Blue Shield Of Kansas Foundation Inc's spending goes to programs?
Blue Cross And Blue Shield Of Kansas Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Blue Cross And Blue Shield Of Kansas Foundation Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Blue Cross And Blue Shield Of Kansas Foundation Inc is above average for NTEE category E70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blue Cross And Blue Shield Of Kansas Foundation Inc located?
Blue Cross And Blue Shield Of Kansas Foundation Inc is headquartered in Topeka, Kansas and files with the IRS under EIN 203085640. It is classified under NTEE code E70.
How many years of IRS 990 filings does Blue Cross And Blue Shield Of Kansas Foundation Inc have?
Blue Cross And Blue Shield Of Kansas Foundation 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 $5.1M in total revenue.
How does Blue Cross And Blue Shield Of Kansas Foundation Inc cover its operational deficits, such as the $428,219 deficit in 202312?
Given the substantial asset base (e.g., $13,266,048 in 202312), it is likely that operational deficits are covered by investment income from the endowment or draws from prior year surpluses, rather than relying solely on annual contributions.
Who provides executive leadership for the foundation if no officer compensation is reported?
The consistent reporting of 0% officer compensation suggests that executive leadership may be provided by volunteers, or compensated through an affiliated entity (e.g., Blue Cross And Blue Shield Of Kansas), which would not be directly reported on the foundation's 990.
What is the primary source of the foundation's revenue, given the fluctuation in reported revenue figures?
Revenue figures vary significantly, from $493,521 in 201912 to $2,602,159 in 201112. This fluctuation suggests a mix of contributions, grants, and potentially investment income, with no single dominant, consistent source apparent from the provided data.
Filing History
IRS 990 filing history for Blue Cross And Blue Shield Of Kansas Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Blue Cross And Blue Shield Of Kansas Foundation Inc's revenue has declined by 71.8%, moving from $2.6M to $734K. Total assets increased by 25.3% over the same period, from $10.6M to $13.3M. Total functional expenses rose by 93.9%, from $599K to $1.2M. In its most recent filing year (2023), Blue Cross And Blue Shield Of Kansas Foundation Inc reported a deficit of $428K, with expenses exceeding revenue. The organization holds $178K in liabilities against $13.3M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $13.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $734K | $1.2M | $13.3M | $178K | — | — |
| 2022 | $943K | $695K | $3.1M | $783 | — | View 990 |
| 2021 | $1.3M | $927K | $13.4M | $1 | — | — |
| 2020 | $1.1M | $887K | $13.0M | $7K | — | View 990 |
| 2019 | $494K | $996K | $12.8M | $0 | — | View 990 |
| 2015 | $1.0M | $914K | $12.9M | $9K | — | View 990 |
| 2014 | $2.1M | $899K | $12.8M | $17K | — | View 990 |
| 2013 | $1.8M | $813K | $11.8M | $113K | — | View 990 |
| 2012 | $844K | $731K | $10.7M | $37K | — | View 990 |
| 2011 | $2.6M | $599K | $10.6M | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $734K, expenses of $1.2M, and assets of $13.3M (revenue -22.2% year-over-year).
- 2022: Revenue of $943K, expenses of $695K, and assets of $3.1M (revenue -28.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $927K, and assets of $13.4M (revenue +18.0% year-over-year).
- 2020: Revenue of $1.1M, expenses of $887K, and assets of $13.0M (revenue +127.4% year-over-year).
- 2019: Revenue of $494K, expenses of $996K, and assets of $12.8M (revenue -51.6% year-over-year).
- 2015: Revenue of $1.0M, expenses of $914K, and assets of $12.9M (revenue -50.9% year-over-year).
- 2014: Revenue of $2.1M, expenses of $899K, and assets of $12.8M (revenue +17.2% year-over-year).
- 2013: Revenue of $1.8M, expenses of $813K, and assets of $11.8M (revenue +109.7% year-over-year).
- 2012: Revenue of $844K, expenses of $731K, and assets of $10.7M (revenue -67.6% year-over-year).
- 2011: Revenue of $2.6M, expenses of $599K, and assets of $10.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blue Cross And Blue Shield Of Kansas Foundation Inc:
Data Sources and Methodology
This transparency report for Blue Cross And Blue Shield Of Kansas Foundation 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.