K State Olathe Innovation Campus Inc
K State Olathe Innovation Campus Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 208737117 · Olathe, KS · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.9M |
| Total Expenses | $7.6M |
| Program Spending | 85% |
| Net Assets | $22.3M |
| Transparency Score | 90/100 |
Is K State Olathe Innovation Campus Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
K State Olathe Innovation Campus Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About K State Olathe Innovation Campus Inc
K State Olathe Innovation Campus Inc (EIN: 208737117) is a nonprofit organization based in Olathe, KS, classified under NTEE code B11. The organization reported total revenue of $9.9M and total assets of $47.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of K State Olathe Innovation Campus Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
K State Olathe Innovation Campus Inc is a mid-size nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.8M |
| Total Expenses | $7.6M |
| Surplus / Deficit | +$3.2M |
| Total Assets | $46.0M |
| Total Liabilities | $23.7M |
| Net Assets | $22.3M |
| Operating Margin | 29.5% |
| Debt-to-Asset Ratio | 51.4% |
| Months of Reserves | 72.7 months |
Financial Health Grade: A
In 2023, K State Olathe Innovation Campus Inc reported a surplus of $3.2M with revenue exceeding expenses, holds 72.7 months of operating reserves (strong position), has a debt-to-asset ratio of 51.4% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), K State Olathe Innovation Campus Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.3% | +14.4% | +2.1% |
| 2022 | +27.0% | +0.5% | +7.8% |
| 2021 | +0.3% | -10.4% | +2.4% |
| 2020 | +2.8% | +19.3% | -4.6% |
| 2019 | +6.8% | -1.9% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 K State Olathe Innovation Campus Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, K State Olathe Innovation Campus Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 51.4%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through an affiliated entity, which enhances financial efficiency and transparency.
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.
Strengths
The following positive indicators were identified for K State Olathe Innovation Campus Inc:
- Consistent revenue growth over the past decade, from $6.18M in 2014 to $10.76M in 2023.
- Strong asset base ($45.99M in 2023) consistently exceeding liabilities, indicating financial stability.
- No reported officer compensation across all filings, suggesting high efficiency and transparency.
- Consistent surplus operations, with revenues exceeding expenses in all reported periods.
- Regular and timely IRS 990 filings, demonstrating commitment to transparency and compliance.
Frequently Asked Questions about K State Olathe Innovation Campus Inc
Is K State Olathe Innovation Campus Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, K State Olathe Innovation Campus Inc (EIN: 208737117) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does K State Olathe Innovation Campus Inc spend its money?
K State Olathe Innovation Campus Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to K State Olathe Innovation Campus Inc tax-deductible?
K State Olathe Innovation Campus Inc is registered as a tax-exempt nonprofit (EIN: 208737117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of K State Olathe Innovation Campus Inc's spending goes to programs?
K State Olathe Innovation Campus Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does K State Olathe Innovation Campus Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), K State Olathe Innovation Campus Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is K State Olathe Innovation Campus Inc located?
K State Olathe Innovation Campus Inc is headquartered in Olathe, Kansas and files with the IRS under EIN 208737117. It is classified under NTEE code B11.
How many years of IRS 990 filings does K State Olathe Innovation Campus Inc have?
K State Olathe Innovation Campus Inc has 12 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 $9.9M in total revenue.
Is K State Olathe Innovation Campus Inc financially stable?
Yes, the organization is financially stable, demonstrating consistent revenue growth from $6.18 million in 2014 to $10.76 million in 2023, and a healthy asset base of $45.99 million in 2023, consistently exceeding liabilities.
How has the organization's revenue trended over the last decade?
Revenue has shown a strong upward trend, increasing from $6,176,731 in 2014 to $10,759,280 in 2023, indicating sustained growth and financial health.
What is the organization's approach to executive compensation?
The organization reports no officer compensation in any of its IRS 990 filings, suggesting a highly efficient model where leadership is not directly compensated by the nonprofit itself, or is volunteer-based.
Filing History
IRS 990 filing history for K State Olathe Innovation Campus Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), K State Olathe Innovation Campus Inc's revenue has grown by 114%, moving from $5.0M to $10.8M. Total assets increased by 9.2% over the same period, from $42.1M to $46.0M. Total functional expenses rose by 70.4%, from $4.5M to $7.6M. In its most recent filing year (2023), K State Olathe Innovation Campus Inc reported a surplus of $3.2M, with revenue exceeding expenses. The organization holds $23.7M in liabilities against $46.0M in assets (debt-to-asset ratio: 51.4%), resulting in net assets of $22.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.8M | $7.6M | $46.0M | $23.7M | — | View 990 |
| 2022 | $10.2M | $6.6M | $45.0M | $25.6M | — | View 990 |
| 2021 | $8.0M | $6.6M | $41.8M | $25.9M | — | View 990 |
| 2020 | $8.0M | $7.4M | $40.8M | $26.4M | — | View 990 |
| 2019 | $7.8M | $6.2M | $42.8M | $28.1M | — | View 990 |
| 2018 | $7.3M | $6.3M | $42.0M | $28.9M | — | — |
| 2017 | $7.5M | $5.9M | $41.7M | $29.6M | — | View 990 |
| 2016 | $6.8M | $6.1M | $40.8M | $30.4M | — | View 990 |
| 2015 | $6.4M | $6.2M | $40.9M | $31.1M | — | View 990 |
| 2014 | $6.2M | $5.8M | $41.4M | $31.9M | — | View 990 |
| 2013 | $5.6M | $5.4M | $41.8M | $32.7M | — | View 990 |
| 2012 | $5.0M | $4.5M | $42.1M | $33.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.8M, expenses of $7.6M, and assets of $46.0M (revenue +5.3% year-over-year).
- 2022: Revenue of $10.2M, expenses of $6.6M, and assets of $45.0M (revenue +27.0% year-over-year).
- 2021: Revenue of $8.0M, expenses of $6.6M, and assets of $41.8M (revenue +0.3% year-over-year).
- 2020: Revenue of $8.0M, expenses of $7.4M, and assets of $40.8M (revenue +2.8% year-over-year).
- 2019: Revenue of $7.8M, expenses of $6.2M, and assets of $42.8M (revenue +6.8% year-over-year).
- 2018: Revenue of $7.3M, expenses of $6.3M, and assets of $42.0M (revenue -2.3% year-over-year).
- 2017: Revenue of $7.5M, expenses of $5.9M, and assets of $41.7M (revenue +9.9% year-over-year).
- 2016: Revenue of $6.8M, expenses of $6.1M, and assets of $40.8M (revenue +5.5% year-over-year).
- 2015: Revenue of $6.4M, expenses of $6.2M, and assets of $40.9M (revenue +4.4% year-over-year).
- 2014: Revenue of $6.2M, expenses of $5.8M, and assets of $41.4M (revenue +11.1% year-over-year).
- 2013: Revenue of $5.6M, expenses of $5.4M, and assets of $41.8M (revenue +10.6% year-over-year).
- 2012: Revenue of $5.0M, expenses of $4.5M, and assets of $42.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for K State Olathe Innovation Campus Inc:
Data Sources and Methodology
This transparency report for K State Olathe Innovation Campus 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.