Galano Society Of Kansas City
EIN: 431833137 · Lenexa, KS · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $6K |
| Net Assets | $8K |
Is Galano Society Of Kansas City Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Galano Society Of Kansas City
Galano Society Of Kansas City (EIN: 431833137) is a nonprofit organization based in Lenexa, KS, classified under NTEE code B11. The organization reported total revenue of $4K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Galano Society Of Kansas City's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Galano Society Of Kansas City is a micro nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -16.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $6K |
| Surplus / Deficit | $-407 |
| Total Assets | $8K |
| Total Liabilities | $1 |
| Net Assets | $8K |
| Operating Margin | -8.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 17.3 months |
Financial Health Grade: B
In 2023, Galano Society Of Kansas City reported a deficit of $407 with expenses exceeding revenue, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Galano Society Of Kansas City's revenue has declined at a compound annual growth rate (CAGR) of -16.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.4% | — | -4.9% |
| 2022 | -24.9% | -100.0% | -14.4% |
| 2021 | -27.7% | -48.0% | -7.9% |
| 2020 | -54.1% | -22.9% | -18.4% |
| 2019 | +5.5% | +21.0% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Galano Society Of Kansas City has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Galano Society Of Kansas City with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $407, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Galano Society Of Kansas City
Is Galano Society Of Kansas City a legitimate charity?
Galano Society Of Kansas City (EIN: 431833137) is a registered tax-exempt nonprofit based in Kansas. It has 6 years of IRS 990 filings on record. Total revenue: $4K. No red flags identified. Financial health grade: B.
How does Galano Society Of Kansas City spend its money?
Galano Society Of Kansas City reported $4K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Galano Society Of Kansas City tax-deductible?
Galano Society Of Kansas City is registered as a tax-exempt nonprofit (EIN: 431833137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Galano Society Of Kansas City located?
Galano Society Of Kansas City is headquartered in Lenexa, Kansas and files with the IRS under EIN 431833137. It is classified under NTEE code B11.
How many years of IRS 990 filings does Galano Society Of Kansas City have?
Galano Society Of Kansas City has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4K in total revenue.
Filing History
IRS 990 filing history for Galano Society Of Kansas City showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Galano Society Of Kansas City's revenue has declined by 59.7%, moving from $13K to $5K. Total assets decreased by 35.3% over the same period, from $12K to $8K. Total functional expenses fell by 39.6%, from $9K to $6K. In its most recent filing year (2023), Galano Society Of Kansas City reported a deficit of $407, with expenses exceeding revenue. The organization holds $1 in liabilities against $8K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $6K | $8K | $1 | — | — |
| 2022 | $3K | $0 | $8K | $1 | — | — |
| 2021 | $4K | $4K | $10K | $1 | — | — |
| 2020 | $6K | $9K | $11K | $1 | — | — |
| 2019 | $13K | $11K | $13K | $0 | — | View 990 |
| 2018 | $13K | $9K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $6K, and assets of $8K (revenue +53.4% year-over-year).
- 2022: Revenue of $3K, expenses of $0, and assets of $8K (revenue -24.9% year-over-year).
- 2021: Revenue of $4K, expenses of $4K, and assets of $10K (revenue -27.7% year-over-year).
- 2020: Revenue of $6K, expenses of $9K, and assets of $11K (revenue -54.1% year-over-year).
- 2019: Revenue of $13K, expenses of $11K, and assets of $13K (revenue +5.5% year-over-year).
- 2018: Revenue of $13K, expenses of $9K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Galano Society Of Kansas City:
Data Sources and Methodology
This transparency report for Galano Society Of Kansas City 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.