Kansas City Regional Quilt Festival Inc
EIN: 463942082 · Overland Park, KS · NTEE: N52
| Metric | Value |
|---|---|
| Total Revenue | $132K |
| Total Expenses | $245K |
| Net Assets | $55K |
Is Kansas City Regional Quilt Festival Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kansas City Regional Quilt Festival Inc
Kansas City Regional Quilt Festival Inc (EIN: 463942082) is a nonprofit organization based in Overland Park, KS, classified under NTEE code N52. The organization reported total revenue of $132K and total assets of $166K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kansas City Regional Quilt Festival Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kansas City Regional Quilt Festival Inc is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 59.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $271K |
| Total Expenses | $245K |
| Surplus / Deficit | +$26K |
| Total Assets | $55K |
| Net Assets | $55K |
| Operating Margin | 9.7% |
| Months of Reserves | 2.7 months |
Financial Health Grade: A
In 2023, Kansas City Regional Quilt Festival Inc reported a surplus of $26K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2013–2023), Kansas City Regional Quilt Festival Inc's revenue has grown at a compound annual growth rate (CAGR) of 59.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +101.6% | +922.4% | -59.0% |
| 2022 | -45.5% | -87.1% | +484.1% |
| 2021 | +286.2% | +358.6% | -56.4% |
| 2020 | -78.1% | -85.0% | +80.9% |
| 2019 | +303.5% | +444.1% | -25.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kansas City Regional Quilt Festival Inc 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 Kansas City Regional Quilt Festival Inc 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 surplus of $26K, with revenue exceeding expenses.
Frequently Asked Questions about Kansas City Regional Quilt Festival Inc
Is Kansas City Regional Quilt Festival Inc a legitimate charity?
Kansas City Regional Quilt Festival Inc (EIN: 463942082) is a registered tax-exempt nonprofit based in Kansas. It has 11 years of IRS 990 filings on record. Total revenue: $132K. No red flags identified. Financial health grade: A.
How does Kansas City Regional Quilt Festival Inc spend its money?
Kansas City Regional Quilt Festival Inc reported $132K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kansas City Regional Quilt Festival Inc tax-deductible?
Kansas City Regional Quilt Festival Inc is registered as a tax-exempt nonprofit (EIN: 463942082). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kansas City Regional Quilt Festival Inc located?
Kansas City Regional Quilt Festival Inc is headquartered in Overland Park, Kansas and files with the IRS under EIN 463942082. It is classified under NTEE code N52.
How many years of IRS 990 filings does Kansas City Regional Quilt Festival Inc have?
Kansas City Regional Quilt Festival Inc has 11 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 $132K in total revenue.
Filing History
IRS 990 filing history for Kansas City Regional Quilt Festival Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Kansas City Regional Quilt Festival Inc's revenue has grown by 10505.6%, moving from $3K to $271K. Total assets increased by 2249.5% over the same period, from $2K to $55K. Total functional expenses rose by 4504.4%, from $5K to $245K. In its most recent filing year (2023), Kansas City Regional Quilt Festival Inc reported a surplus of $26K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $271K | $245K | $55K | $0 | — | — |
| 2022 | $135K | $24K | $133K | $0 | — | View 990 |
| 2021 | $247K | $185K | $23K | $0 | — | — |
| 2020 | $64K | $40K | $52K | $0 | — | — |
| 2019 | $292K | $270K | $29K | $83 | — | View 990 |
| 2018 | $72K | $50K | $39K | $0 | — | View 990 |
| 2017 | $192K | $270K | $16K | $0 | — | View 990 |
| 2016 | $102K | $38K | $94K | $0 | — | View 990 |
| 2015 | $152K | $139K | $31K | $0 | — | View 990 |
| 2014 | $50K | $24K | $18K | $0 | — | View 990 |
| 2013 | $3K | $5K | $2K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $271K, expenses of $245K, and assets of $55K (revenue +101.6% year-over-year).
- 2022: Revenue of $135K, expenses of $24K, and assets of $133K (revenue -45.5% year-over-year).
- 2021: Revenue of $247K, expenses of $185K, and assets of $23K (revenue +286.2% year-over-year).
- 2020: Revenue of $64K, expenses of $40K, and assets of $52K (revenue -78.1% year-over-year).
- 2019: Revenue of $292K, expenses of $270K, and assets of $29K (revenue +303.5% year-over-year).
- 2018: Revenue of $72K, expenses of $50K, and assets of $39K (revenue -62.3% year-over-year).
- 2017: Revenue of $192K, expenses of $270K, and assets of $16K (revenue +88.7% year-over-year).
- 2016: Revenue of $102K, expenses of $38K, and assets of $94K (revenue -33.1% year-over-year).
- 2015: Revenue of $152K, expenses of $139K, and assets of $31K (revenue +203.0% year-over-year).
- 2014: Revenue of $50K, expenses of $24K, and assets of $18K (revenue +1864.9% year-over-year).
- 2013: Revenue of $3K, expenses of $5K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kansas City Regional Quilt Festival Inc:
Data Sources and Methodology
This transparency report for Kansas City Regional Quilt Festival 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.