Central Kansas Water Bank Association
Central Kansas Water Bank Association experiences sharp revenue decline and net loss in 2023.
EIN: 203960672 · Stafford, KS · NTEE: K20 · Updated: 2026-03-28
Is Central Kansas Water Bank Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Kansas Water Bank Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Kansas Water Bank Association
Central Kansas Water Bank Association (EIN: 203960672) is a nonprofit organization based in Stafford, KS, classified under NTEE code K20. 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 Central Kansas Water Bank Association'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 Central Kansas Water Bank Association 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Central Kansas Water Bank Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation in both 2022 and 2023, indicating that no salaries were paid to officers, which is commendable for an organization of its size and financial activity.
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 Central Kansas Water Bank Association's IRS 990 filings:
- Significant year-over-year revenue decline (from $123,811 to $14,430)
- Expenses ($48,647) significantly exceeded revenue ($14,430) in 2023, indicating a net loss.
- Latest reported revenue and assets are $0, suggesting potential dormancy or cessation of operations.
Strengths
The following positive indicators were identified for Central Kansas Water Bank Association:
- No officer compensation reported in either filing period, indicating efficient use of funds for leadership.
- No liabilities reported in either filing period, suggesting a debt-free financial position.
Frequently Asked Questions about Central Kansas Water Bank Association
Is Central Kansas Water Bank Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Kansas Water Bank Association (EIN: 203960672) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Central Kansas Water Bank Association spend its money?
Central Kansas Water Bank Association directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Central Kansas Water Bank Association tax-deductible?
Central Kansas Water Bank Association is registered as a tax-exempt nonprofit (EIN: 203960672). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Central Kansas Water Bank Association's revenue drop from $123,811 in 2022 to $14,430 in 2023?
The IRS 990 data does not provide specific reasons for the revenue decline, but it is a significant financial event that warrants further inquiry into funding sources or program changes.
How did the organization manage to increase expenses to $48,647 in 2023 despite a sharp revenue decrease?
The increase in expenses while revenue plummeted suggests the organization may have been drawing down reserves or operating at a deficit, which is unsustainable long-term without new funding.
What is the nature of the organization's assets, which decreased from $283,419 to $249,202?
The filings only show total assets. A decrease in assets could be due to asset sales, depreciation, or using assets to cover operational deficits.
Filing History
IRS 990 filing history for Central Kansas Water Bank Association showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Central Kansas Water Bank Association's revenue has declined by 88.3%, moving from $124K to $14K. Total assets decreased by 12.1% over the same period, from $283K to $249K. Total functional expenses rose by 7%, from $45K to $49K. In its most recent filing year (2023), Central Kansas Water Bank Association reported a deficit of $34K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $14K | $49K | $249K | $0 | — | — |
| 2022 | $124K | $45K | $283K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Central Kansas Water Bank Association 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.