Kansas Economic Progress Council Inc
Kansas Economic Progress Council Inc. maintains stable finances with declining revenue and no officer compensation.
EIN: 203722582 · Overland Park, KS · NTEE: S05 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $37K |
| Total Expenses | $34K |
| Program Spending | 90% |
| Net Assets | $8K |
| Transparency Score | 85/100 |
Is Kansas Economic Progress Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kansas Economic Progress Council Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kansas Economic Progress Council Inc
Kansas Economic Progress Council Inc (EIN: 203722582) is a nonprofit organization based in Overland Park, KS, classified under NTEE code S05. The organization reported total revenue of $37K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kansas Economic Progress Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kansas Economic Progress Council Inc is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -9.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $34K |
| Surplus / Deficit | +$4K |
| Total Assets | $8K |
| Net Assets | $8K |
| Operating Margin | 9.6% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2020, Kansas Economic Progress Council Inc reported a surplus of $4K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2011–2020), Kansas Economic Progress Council Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +0.0% | -14.7% | +77.8% |
| 2019 | -14.6% | -17.8% | -32.8% |
| 2018 | -14.0% | -5.1% | -39.3% |
| 2017 | +3.9% | -2.1% | +0.9% |
| 2016 | -9.1% | -1.3% | +22.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Kansas Economic Progress Council Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Kansas Economic Progress Council Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly favorable for a small organization of this size.
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 Kansas Economic Progress Council Inc's IRS 990 filings:
- Declining revenue trend over the past decade
Strengths
The following positive indicators were identified for Kansas Economic Progress Council Inc:
- Consistent positive net assets
- Zero reported officer compensation across all filings
- No liabilities reported in recent years
- Consistent IRS 990 filing history
- Expenses closely align with revenue, indicating efficient spending
Frequently Asked Questions about Kansas Economic Progress Council Inc
Is Kansas Economic Progress Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kansas Economic Progress Council Inc (EIN: 203722582) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Kansas Economic Progress Council Inc spend its money?
Kansas Economic Progress Council Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kansas Economic Progress Council Inc tax-deductible?
Kansas Economic Progress Council Inc is registered as a tax-exempt nonprofit (EIN: 203722582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kansas Economic Progress Council Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kansas Economic Progress Council Inc is above average for NTEE category S05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kansas Economic Progress Council Inc located?
Kansas Economic Progress Council Inc is headquartered in Overland Park, Kansas and files with the IRS under EIN 203722582. It is classified under NTEE code S05.
How many years of IRS 990 filings does Kansas Economic Progress Council Inc have?
Kansas Economic Progress Council Inc 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. The most recent filing shows $37K in total revenue.
Is Kansas Economic Progress Council Inc. a good charity?
Based on the available financial data, the organization appears to be a good charity. It maintains stable finances, has no liabilities, and consistently reports 0% officer compensation, suggesting a strong commitment to its mission with minimal overhead.
How has the organization's revenue trended over the last decade?
The organization's revenue has shown a declining trend over the last decade, from $89,587 in 2011 to $37,274 in 2020.
Does the organization have any debt?
No, the organization reported $0 in liabilities in its latest filing (202012), indicating it is debt-free.
Filing History
IRS 990 filing history for Kansas Economic Progress Council Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Kansas Economic Progress Council Inc's revenue has declined by 58.4%, moving from $90K to $37K. Total assets decreased by 58.1% over the same period, from $19K to $8K. Total functional expenses fell by 56.5%, from $77K to $34K. In its most recent filing year (2020), Kansas Economic Progress Council Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $37K | $34K | $8K | $0 | — | View 990 |
| 2019 | $37K | $39K | $5K | $0 | — | View 990 |
| 2018 | $44K | $48K | $7K | $0 | — | View 990 |
| 2017 | $51K | $51K | $11K | $0 | — | View 990 |
| 2016 | $49K | $52K | $11K | $0 | — | View 990 |
| 2015 | $54K | $52K | $9K | $276 | — | View 990 |
| 2014 | $55K | $53K | $8K | $0 | — | View 990 |
| 2013 | $60K | $65K | $6K | $0 | — | View 990 |
| 2012 | $56K | $61K | $11K | $0 | — | View 990 |
| 2011 | $90K | $77K | $19K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $37K, expenses of $34K, and assets of $8K (revenue +0.0% year-over-year).
- 2019: Revenue of $37K, expenses of $39K, and assets of $5K (revenue -14.6% year-over-year).
- 2018: Revenue of $44K, expenses of $48K, and assets of $7K (revenue -14.0% year-over-year).
- 2017: Revenue of $51K, expenses of $51K, and assets of $11K (revenue +3.9% year-over-year).
- 2016: Revenue of $49K, expenses of $52K, and assets of $11K (revenue -9.1% year-over-year).
- 2015: Revenue of $54K, expenses of $52K, and assets of $9K (revenue -2.8% year-over-year).
- 2014: Revenue of $55K, expenses of $53K, and assets of $8K (revenue -8.1% year-over-year).
- 2013: Revenue of $60K, expenses of $65K, and assets of $6K (revenue +6.6% year-over-year).
- 2012: Revenue of $56K, expenses of $61K, and assets of $11K (revenue -37.0% year-over-year).
- 2011: Revenue of $90K, expenses of $77K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kansas Economic Progress Council Inc:
Data Sources and Methodology
This transparency report for Kansas Economic Progress Council 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.