Frances Plamann Charitable Tr

Frances Plamann Charitable Tr consistently spends more than its annual revenue, drawing from its $3.1 million asset base.

EIN: 206666494 · Hiawatha, KS · NTEE: A50 · Updated: 2026-03-28

$77KRevenue

$3.2MAssets

75/100Mission Score (Good)

A50

About Frances Plamann Charitable Tr

Frances Plamann Charitable Tr (EIN: 206666494) is a nonprofit organization based in Hiawatha, KS, classified under NTEE code A50. The organization reported total revenue of $77K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frances Plamann Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Frances Plamann Charitable Tr appears to be a private foundation, as indicated by its NTEE code A50 (Grantmaking Foundations) and consistent pattern of expenses exceeding revenue, drawing down from its substantial asset base. With assets of over $3.1 million in the latest period, the organization has significant capital. However, its financial health shows a consistent trend of operating deficits, with expenses of $96,509 against revenue of $36,821 in 2023, and similar patterns in prior years. This suggests it is primarily a grant-making entity distributing funds from its endowment rather than actively fundraising for operational costs.

Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative costs, which are not provided in the summary data. However, as a grantmaking foundation, its 'program' spending would primarily be the grants it distributes. The consistent lack of officer compensation suggests a lean operational structure, which is a positive indicator for efficiency. Transparency is generally good for organizations filing 990s, and the consistent filing history is a strength.

The organization's long-term sustainability relies on the performance of its investments, given the consistent revenue shortfalls relative to expenses. While assets have remained relatively stable over the past decade, slight declines are noted, from $3,273,138 in 2020 to $3,171,768 currently. This indicates that the foundation is distributing more than its investment income, which is typical for foundations aiming to fulfill their charitable purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Frances Plamann Charitable Tr with a Mission Score of 75 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: 85%
fundraising: 0%

According to IRS 990 filings, Frances Plamann Charitable Tr allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not classified as officer compensation, which is a positive sign for minimizing administrative overhead.

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 Frances Plamann Charitable Tr's IRS 990 filings:

Consistent operating deficits (expenses exceeding revenue) across multiple years, such as $96,509 expenses vs. $36,821 revenue in 2023.
Slight but consistent decline in total assets over the past few years, from $3,273,138 in 2020 to $3,171,768 currently.

Strengths

The following positive indicators were identified for Frances Plamann Charitable Tr:

Substantial asset base of over $3.1 million, providing significant capital for grantmaking.
Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
Consistent IRS 990 filing history over 10 periods, demonstrating good transparency and compliance.
Very low liabilities ($1 across all periods), indicating strong financial stability and no significant debt.

Frequently Asked Questions about Frances Plamann Charitable Tr

What specific programs or organizations does Frances Plamann Charitable Tr support with its grants?

The provided data does not detail the specific recipients or types of programs supported by the grants made by Frances Plamann Charitable Tr. Further investigation into their full 990 filings would be required to identify their beneficiaries.

Is the organization's asset base declining due to consistent spending exceeding revenue?

Yes, the organization's assets have shown a slight decline over recent years, from $3,273,138 in 2020 to $3,171,768 currently. This trend is consistent with its expenses frequently exceeding its annual revenue, indicating it is drawing down from its principal.

How does the organization manage its investments to sustain its grantmaking activities?

The provided data does not offer details on the organization's investment management strategies. Given its reliance on investment income and asset principal for grantmaking, the performance and management of its $3.1 million in assets are crucial for its long-term viability.

Filing History

IRS 990 filing history for Frances Plamann Charitable Tr showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Frances Plamann Charitable Tr's revenue has grown by 30.1%, moving from $28K to $37K. Total assets increased by 31.6% over the same period, from $2.4M to $3.2M. Total functional expenses rose by 71.6%, from $56K to $97K. In its most recent filing year (2023), Frances Plamann Charitable Tr reported a deficit of $60K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$37K	$97K	$3.2M	$1	—	—
2022	$56K	$87K	$3.2M	$1	—	View 990
2021	$53K	$59K	$3.3M	$1	—	—
2020	$72K	$63K	$3.3M	$1	—	View 990
2019	$58K	$63K	$3.3M	$1	—	View 990
2015	$34K	$66K	$3.3M	$1	—	View 990
2014	$11K	$56K	$2.4M	$1	—	View 990
2013	$13K	$61K	$2.4M	$1	—	View 990
2012	$4K	$94K	$2.4M	$1	—	View 990
2011	$28K	$56K	$2.4M	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $37K, expenses of $97K, and assets of $3.2M (revenue -33.7% year-over-year).
2022: Revenue of $56K, expenses of $87K, and assets of $3.2M (revenue +4.2% year-over-year).
2021: Revenue of $53K, expenses of $59K, and assets of $3.3M (revenue -26.4% year-over-year).
2020: Revenue of $72K, expenses of $63K, and assets of $3.3M (revenue +23.9% year-over-year).
2019: Revenue of $58K, expenses of $63K, and assets of $3.3M (revenue +73.1% year-over-year).
2015: Revenue of $34K, expenses of $66K, and assets of $3.3M (revenue +197.7% year-over-year).
2014: Revenue of $11K, expenses of $56K, and assets of $2.4M (revenue -14.2% year-over-year).
2013: Revenue of $13K, expenses of $61K, and assets of $2.4M (revenue +208.7% year-over-year).
2012: Revenue of $4K, expenses of $94K, and assets of $2.4M (revenue -84.9% year-over-year).
2011: Revenue of $28K, expenses of $56K, and assets of $2.4M.

Data Sources and Methodology

This transparency report for Frances Plamann Charitable Tr 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.