Bosley Family Foundation Inc
Bosley Family Foundation operates with minimal revenue and assets, showing no officer compensation.
EIN: 203208426 · Great Bend, KS · Updated: 2026-03-28
Is Bosley Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bosley Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bosley Family Foundation Inc
Bosley Family Foundation Inc (EIN: 203208426) is a nonprofit organization based in Great Bend, KS. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bosley Family Foundation Inc'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 Bosley Family Foundation Inc with a Mission Score of 65 out of 100 (Good). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Bosley Family Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all filing periods, indicating that officers are either unpaid volunteers or receive no compensation, which is highly efficient for an organization of this size.
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 Bosley Family Foundation Inc's IRS 990 filings:
- Unknown NTEE code, making it difficult to understand its purpose.
- Extremely low revenue and assets, indicating very limited operational capacity.
Strengths
The following positive indicators were identified for Bosley Family Foundation Inc:
- No officer compensation reported, suggesting volunteer leadership and low overhead.
- Consistently low liabilities ($1 across all periods), indicating financial stability.
- Expenses generally kept below revenue, except for 2011, showing fiscal prudence.
Frequently Asked Questions about Bosley Family Foundation Inc
Is Bosley Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bosley Family Foundation Inc (EIN: 203208426) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Bosley Family Foundation Inc spend its money?
Bosley Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bosley Family Foundation Inc tax-deductible?
Bosley Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203208426). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific mission or program focus of the Bosley Family Foundation Inc?
The provided data does not specify the mission or program focus, as the NTEE code is listed as 'Unknown'.
How does the organization generate its revenue, given its small scale?
The filings show very low revenue figures (e.g., $70 in 2014, $230 in 2013), suggesting it likely relies on small donations or investment income, typical for a small family foundation.
Is the Bosley Family Foundation Inc actively engaged in grantmaking or direct charitable activities?
With expenses consistently below $100 (except for $618 in 2011), the scale of any grantmaking or direct charitable activities would be extremely limited.
Filing History
IRS 990 filing history for Bosley Family Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Bosley Family Foundation Inc's revenue has grown by 20.7%, moving from $58 to $70. Total assets increased by 122.2% over the same period, from $234 to $520. Total functional expenses fell by 90.3%, from $618 to $60. In its most recent filing year (2014), Bosley Family Foundation Inc reported a surplus of $10, with revenue exceeding expenses. The organization holds $1 in liabilities against $520 in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $519.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2014 | $70 | $60 | $520 | $1 | — | View 990 |
| 2013 | $230 | $40 | $510 | $1 | — | View 990 |
| 2012 | $138 | $52 | $320 | $1 | — | View 990 |
| 2011 | $58 | $618 | $234 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $70, expenses of $60, and assets of $520 (revenue -69.6% year-over-year).
- 2013: Revenue of $230, expenses of $40, and assets of $510 (revenue +66.7% year-over-year).
- 2012: Revenue of $138, expenses of $52, and assets of $320 (revenue +137.9% year-over-year).
- 2011: Revenue of $58, expenses of $618, and assets of $234.
Data Sources and Methodology
This transparency report for Bosley Family 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.