Forward Wichita Inc
Forward Wichita Inc reported minimal revenue and significant deficits in its early years, with zero revenue and assets in its latest filing.
EIN: 202830422 · Wichita, KS · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $9K |
| Net Assets | $43K |
| Transparency Score | 20/100 |
Is Forward Wichita Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Forward Wichita Inc
Forward Wichita Inc (EIN: 202830422) is a nonprofit organization based in Wichita, KS, classified under NTEE code S41. 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 Forward Wichita Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forward Wichita Inc is a micro nonprofit that has been operating for 20 years, with 2 years of IRS 990 filings on record (2011–2012). Revenue has grown at a compound annual rate of -45.3%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $140 |
| Total Expenses | $9K |
| Surplus / Deficit | $-8,618 |
| Total Assets | $49K |
| Total Liabilities | $6K |
| Net Assets | $43K |
| Operating Margin | -6155.7% |
| Debt-to-Asset Ratio | 12.6% |
| Months of Reserves | 67.5 months |
Financial Health Grade: B
In 2012, Forward Wichita Inc reported a deficit of $9K with expenses exceeding revenue, holds 67.5 months of operating reserves (strong position), has a debt-to-asset ratio of 12.6% (very low leverage).
Financial Trends
Over 2 years of filings (2011–2012), Forward Wichita Inc's revenue has declined at a compound annual growth rate (CAGR) of -45.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | -45.3% | -72.4% | -4.7% |
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 Forward Wichita Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Forward Wichita Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.6%.
Executive Compensation Analysis
No officer compensation was reported in either 2011 or 2012, indicating a volunteer-led structure or that the organization was in its very early stages without paid executives.
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 Forward Wichita Inc's IRS 990 filings:
- Sustained significant operating deficits in reported periods (e.g., $256 revenue vs. $31,789 expenses in 2011).
- Latest filing shows $0 revenue and $0 assets, suggesting potential inactivity or failure to launch.
- High administrative spending relative to program activity, given the minimal revenue and high expenses in early years.
Strengths
The following positive indicators were identified for Forward Wichita Inc:
- No reported officer compensation, indicating a volunteer-driven or highly cost-conscious approach to leadership in its early stages.
Frequently Asked Questions about Forward Wichita Inc
Is Forward Wichita Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Forward Wichita Inc (EIN: 202830422) significant concerns. Mission Score: 20/100. 3 red flags identified, 1 strength noted.
How does Forward Wichita Inc spend its money?
Detailed spending breakdown data is not yet available for Forward Wichita Inc. Check back for updated IRS 990 analysis.
Are donations to Forward Wichita Inc tax-deductible?
Forward Wichita Inc is registered as a tax-exempt nonprofit (EIN: 202830422). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Forward Wichita Inc compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Forward Wichita Inc is below average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Forward Wichita Inc located?
Forward Wichita Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 202830422. It is classified under NTEE code S41.
How many years of IRS 990 filings does Forward Wichita Inc have?
Forward Wichita Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Forward Wichita Inc still an active organization?
Based on the latest filing showing $0 revenue and $0 assets, it is highly questionable whether Forward Wichita Inc is still actively operating or has achieved any significant scale.
How did Forward Wichita Inc cover its expenses with such low revenue?
In 2011, expenses were $31,789 against $256 revenue, and in 2012, $8,758 against $140 revenue. This suggests the organization was operating at a significant deficit, likely drawing from initial capital, grants, or loans not reflected as revenue in these specific periods, or that these were startup costs.
Filing History
IRS 990 filing history for Forward Wichita Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Forward Wichita Inc's revenue has declined by 45.3%, moving from $256 to $140. Total assets decreased by 4.7% over the same period, from $52K to $49K. Total functional expenses fell by 72.4%, from $32K to $9K. In its most recent filing year (2012), Forward Wichita Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $6K in liabilities against $49K in assets (debt-to-asset ratio: 12.6%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $140 | $9K | $49K | $6K | — | View 990 |
| 2011 | $256 | $32K | $52K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forward Wichita Inc:
Data Sources and Methodology
This transparency report for Forward Wichita 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.