Franciscan Education Project
Franciscan Education Project shows consistent asset growth and no liabilities, with zero reported officer compensation.
EIN: 202590753 · Topeka, KS · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $23K |
| Program Spending | 80% |
| Net Assets | $207K |
| Transparency Score | 85/100 |
Is Franciscan Education Project Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Franciscan Education Project directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Franciscan Education Project
Franciscan Education Project (EIN: 202590753) is a nonprofit organization based in Topeka, KS, classified under NTEE code O50. 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 Franciscan Education Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franciscan Education Project is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -10.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $23K |
| Surplus / Deficit | +$24K |
| Total Assets | $207K |
| Net Assets | $207K |
| Operating Margin | 51.2% |
| Months of Reserves | 106.6 months |
Financial Health Grade: A
In 2021, Franciscan Education Project reported a surplus of $24K with revenue exceeding expenses, holds 106.6 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2021), Franciscan Education Project's revenue has declined at a compound annual growth rate (CAGR) of -10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +5.6% | -11.1% | +31.2% |
| 2019 | -69.6% | -37.5% | +27.2% |
| 2018 | +424.6% | +76.8% | +326.4% |
| 2017 | +1.8% | +1.7% | +18.6% |
| 2016 | -10.1% | -27.8% | +22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Franciscan Education Project with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Franciscan Education Project 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.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be entirely volunteer-based or compensated through non-officer roles, which contributes to very low 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 Franciscan Education Project's IRS 990 filings:
- Lack of detailed expense breakdown in available data makes precise program efficiency assessment difficult
- Significant expense spike in 2013 ($542,530) without clear context in provided data
Strengths
The following positive indicators were identified for Franciscan Education Project:
- Consistent asset growth, reaching $206,834 in 2021
- Zero reported liabilities across all filings, indicating strong financial stability
- Consistent reporting of 0% officer compensation, suggesting low administrative overhead
- Revenue consistently exceeding expenses in recent years (e.g., $47,691 revenue vs. $23,294 expenses in 2021)
Frequently Asked Questions about Franciscan Education Project
Is Franciscan Education Project a legitimate charity?
Franciscan Education Project (EIN: 202590753) is a registered tax-exempt nonprofit based in Kansas. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Franciscan Education Project spend its money?
Franciscan Education Project directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Franciscan Education Project tax-deductible?
Franciscan Education Project is registered as a tax-exempt nonprofit (EIN: 202590753). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Franciscan Education Project's spending goes to programs?
Franciscan Education Project directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Franciscan Education Project compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Franciscan Education Project is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Franciscan Education Project located?
Franciscan Education Project is headquartered in Topeka, Kansas and files with the IRS under EIN 202590753. It is classified under NTEE code O50.
How many years of IRS 990 filings does Franciscan Education Project have?
Franciscan Education Project 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.
Is Franciscan Education Project a good charity?
Based on the available financial data, Franciscan Education Project appears to be a financially stable organization with growing assets and no liabilities. The consistent reporting of zero officer compensation suggests a lean operational model. However, a full assessment would benefit from a detailed breakdown of program spending versus administrative and fundraising costs.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, especially since 2017. Assets have grown from $29,060 in 2017 to $206,834 in 2021. While there was a significant expense spike in 2013 ($542,530) relative to revenue, recent years show consistent surpluses, indicating strong financial management.
What is the organization's approach to executive compensation?
The Franciscan Education Project consistently reports 0% officer compensation in all available IRS 990 filings, indicating that its leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation.
Filing History
IRS 990 filing history for Franciscan Education Project showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Franciscan Education Project's revenue has declined by 65%, moving from $136K to $48K. Total assets decreased by 58.4% over the same period, from $498K to $207K. Total functional expenses fell by 44.7%, from $42K to $23K. In its most recent filing year (2021), Franciscan Education Project reported a surplus of $24K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $48K | $23K | $207K | $0 | — | — |
| 2019 | $45K | $26K | $158K | $0 | — | View 990 |
| 2018 | $148K | $42K | $124K | $0 | — | View 990 |
| 2017 | $28K | $24K | $29K | $0 | — | View 990 |
| 2016 | $28K | $23K | $24K | $0 | — | View 990 |
| 2015 | $31K | $32K | $20K | $0 | — | View 990 |
| 2014 | $25K | $34K | $21K | $0 | — | View 990 |
| 2013 | $36K | $543K | $30K | $0 | — | View 990 |
| 2012 | $87K | $48K | $537K | $0 | — | View 990 |
| 2011 | $136K | $42K | $498K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $48K, expenses of $23K, and assets of $207K (revenue +5.6% year-over-year).
- 2019: Revenue of $45K, expenses of $26K, and assets of $158K (revenue -69.6% year-over-year).
- 2018: Revenue of $148K, expenses of $42K, and assets of $124K (revenue +424.6% year-over-year).
- 2017: Revenue of $28K, expenses of $24K, and assets of $29K (revenue +1.8% year-over-year).
- 2016: Revenue of $28K, expenses of $23K, and assets of $24K (revenue -10.1% year-over-year).
- 2015: Revenue of $31K, expenses of $32K, and assets of $20K (revenue +24.1% year-over-year).
- 2014: Revenue of $25K, expenses of $34K, and assets of $21K (revenue -30.6% year-over-year).
- 2013: Revenue of $36K, expenses of $543K, and assets of $30K (revenue -58.6% year-over-year).
- 2012: Revenue of $87K, expenses of $48K, and assets of $537K (revenue -36.3% year-over-year).
- 2011: Revenue of $136K, expenses of $42K, and assets of $498K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franciscan Education Project:
Data Sources and Methodology
This transparency report for Franciscan Education Project 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.