Greater Wichita Economic Development Coalition Inc
Greater Wichita Economic Development Coalition Inc. maintains strong assets despite occasional operating deficits.
EIN: 200461110 · Wichita, KS · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1.8M |
| Program Spending | 70% |
| Net Assets | $435K |
| Transparency Score | 75/100 |
Is Greater Wichita Economic Development Coalition Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Wichita Economic Development Coalition Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Greater Wichita Economic Development Coalition Inc
Greater Wichita Economic Development Coalition Inc (EIN: 200461110) is a nonprofit organization based in Wichita, KS. 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 Greater Wichita Economic Development Coalition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Wichita Economic Development Coalition Inc is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-74,237 |
| Total Assets | $611K |
| Total Liabilities | $176K |
| Net Assets | $435K |
| Operating Margin | -4.4% |
| Debt-to-Asset Ratio | 28.8% |
| Months of Reserves | 4.1 months |
Financial Health Grade: B
In 2014, Greater Wichita Economic Development Coalition Inc reported a deficit of $74K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 28.8% (moderate leverage).
Financial Trends
Over 4 years of filings (2011–2014), Greater Wichita Economic Development Coalition Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +24.7% | +8.0% | +2.7% |
| 2013 | +0.2% | +22.3% | -30.2% |
| 2012 | -3.0% | +1.1% | -0.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greater Wichita Economic Development Coalition Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Greater Wichita Economic Development Coalition Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either unpaid or compensated through other means not reflected as direct officer compensation, which is a positive sign for resource allocation.
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 Greater Wichita Economic Development Coalition Inc's IRS 990 filings:
- Experienced operating deficits in two of the four reported periods (2013 and 2014).
Strengths
The following positive indicators were identified for Greater Wichita Economic Development Coalition Inc:
- Consistent revenue generation exceeding $1.3 million annually.
- Strong asset base consistently exceeding liabilities.
- Reported 0% officer compensation across all filings, indicating efficient use of funds at the executive level.
- Consistent IRS 990 filing history demonstrates good transparency.
Frequently Asked Questions about Greater Wichita Economic Development Coalition Inc
Is Greater Wichita Economic Development Coalition Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Wichita Economic Development Coalition Inc (EIN: 200461110) some concerns. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
How does Greater Wichita Economic Development Coalition Inc spend its money?
Greater Wichita Economic Development Coalition Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greater Wichita Economic Development Coalition Inc tax-deductible?
Greater Wichita Economic Development Coalition Inc is registered as a tax-exempt nonprofit (EIN: 200461110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greater Wichita Economic Development Coalition Inc's spending goes to programs?
Greater Wichita Economic Development Coalition Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Greater Wichita Economic Development Coalition Inc located?
Greater Wichita Economic Development Coalition Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 200461110.
How many years of IRS 990 filings does Greater Wichita Economic Development Coalition Inc have?
Greater Wichita Economic Development Coalition Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Greater Wichita Economic Development Coalition Inc. financially stable?
Yes, the organization appears financially stable, consistently generating over $1.3 million in revenue and maintaining a healthy asset base that significantly exceeds its liabilities, despite occasional operating deficits.
How does the organization manage executive compensation?
The organization reports 0% officer compensation across all available filings, suggesting a very lean approach to executive pay or that officers are compensated through other non-direct means.
Did the organization operate at a deficit in recent years?
Yes, the organization experienced operating deficits in 2013 (expenses exceeded revenue by $280,068) and 2014 (expenses exceeded revenue by $74,237).
Filing History
IRS 990 filing history for Greater Wichita Economic Development Coalition Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Greater Wichita Economic Development Coalition Inc's revenue has grown by 21.1%, moving from $1.4M to $1.7M. Total assets decreased by 28.9% over the same period, from $859K to $611K. Total functional expenses rose by 33.5%, from $1.3M to $1.8M. In its most recent filing year (2014), Greater Wichita Economic Development Coalition Inc reported a deficit of $74K, with expenses exceeding revenue. The organization holds $176K in liabilities against $611K in assets (debt-to-asset ratio: 28.8%), resulting in net assets of $435K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $1.7M | $1.8M | $611K | $176K | — | View 990 |
| 2013 | $1.4M | $1.6M | $595K | $86K | — | View 990 |
| 2012 | $1.4M | $1.3M | $853K | $63K | — | View 990 |
| 2011 | $1.4M | $1.3M | $859K | $88K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $1.7M, expenses of $1.8M, and assets of $611K (revenue +24.7% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.6M, and assets of $595K (revenue +0.2% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $853K (revenue -3.0% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.3M, and assets of $859K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Wichita Economic Development Coalition Inc:
Data Sources and Methodology
This transparency report for Greater Wichita Economic Development Coalition 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.