Kansas Independent College Foundation
EIN: 480636041 · Topeka, KS · NTEE: B40J
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.2M |
| Net Assets | $1.7M |
Is Kansas Independent College Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kansas Independent College Foundation
Kansas Independent College Foundation (EIN: 480636041) is a nonprofit organization based in Topeka, KS, classified under NTEE code B40J. The organization reported total revenue of $2.1M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kansas Independent College Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kansas Independent College Foundation is a mid-size nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 17.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$229K |
| Total Assets | $1.9M |
| Total Liabilities | $270K |
| Net Assets | $1.7M |
| Operating Margin | 15.7% |
| Debt-to-Asset Ratio | 14.0% |
| Months of Reserves | 18.8 months |
Financial Health Grade: A
In 2024, Kansas Independent College Foundation reported a surplus of $229K with revenue exceeding expenses, holds 18.8 months of operating reserves (strong position), has a debt-to-asset ratio of 14.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Kansas Independent College Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +28.9% | +8.5% | +37.8% |
| 2023 | +1.4% | +-0.0% | -1.3% |
| 2022 | -29.8% | -29.5% | -25.9% |
| 2021 | +16.4% | +16.8% | +30.2% |
| 2020 | -13.8% | +7.1% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1955 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kansas Independent College Foundation 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 Independent College Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $229K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.0%.
Frequently Asked Questions about Kansas Independent College Foundation
Is Kansas Independent College Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kansas Independent College Foundation (EIN: 480636041) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kansas Independent College Foundation spend its money?
Detailed spending breakdown data is not yet available for Kansas Independent College Foundation. Check back for updated IRS 990 analysis.
Are donations to Kansas Independent College Foundation tax-deductible?
Kansas Independent College Foundation is registered as a tax-exempt nonprofit (EIN: 480636041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kansas Independent College Foundation located?
Kansas Independent College Foundation is headquartered in Topeka, Kansas and files with the IRS under EIN 480636041. It is classified under NTEE code B40J.
How many years of IRS 990 filings does Kansas Independent College Foundation have?
Kansas Independent College Foundation has 13 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Kansas Independent College Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Kansas Independent College Foundation's revenue has grown by 586.6%, moving from $213K to $1.5M. Total assets increased by 77% over the same period, from $1.1M to $1.9M. Total functional expenses rose by 441.5%, from $227K to $1.2M. In its most recent filing year (2024), Kansas Independent College Foundation reported a surplus of $229K, with revenue exceeding expenses. The organization holds $270K in liabilities against $1.9M in assets (debt-to-asset ratio: 14.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $1.2M | $1.9M | $270K | — | View 990 |
| 2023 | $1.1M | $1.1M | $1.4M | $21K | — | View 990 |
| 2022 | $1.1M | $1.1M | $1.4M | $64K | — | View 990 |
| 2021 | $1.6M | $1.6M | $1.9M | $382K | — | — |
| 2020 | $1.4M | $1.4M | $1.5M | $60K | — | View 990 |
| 2019 | $1.6M | $1.3M | $1.5M | $75K | — | View 990 |
| 2018 | $138K | $161K | $1.2M | $20K | — | — |
| 2017 | $136K | $176K | $1.1M | $0 | — | View 990 |
| 2016 | $177K | $220K | $1.1M | $11K | — | View 990 |
| 2015 | $258K | $219K | $1.2M | $11 | — | View 990 |
| 2014 | $281K | $265K | $1.3M | $41K | — | View 990 |
| 2013 | $441K | $360K | $1.3M | $182K | — | View 990 |
| 2012 | $213K | $227K | $1.1M | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $1.2M, and assets of $1.9M (revenue +28.9% year-over-year).
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $1.4M (revenue +1.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $1.4M (revenue -29.8% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.6M, and assets of $1.9M (revenue +16.4% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $1.5M (revenue -13.8% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.3M, and assets of $1.5M (revenue +1047.3% year-over-year).
- 2018: Revenue of $138K, expenses of $161K, and assets of $1.2M (revenue +1.3% year-over-year).
- 2017: Revenue of $136K, expenses of $176K, and assets of $1.1M (revenue -23.0% year-over-year).
- 2016: Revenue of $177K, expenses of $220K, and assets of $1.1M (revenue -31.4% year-over-year).
- 2015: Revenue of $258K, expenses of $219K, and assets of $1.2M (revenue -7.9% year-over-year).
- 2014: Revenue of $281K, expenses of $265K, and assets of $1.3M (revenue -36.3% year-over-year).
- 2013: Revenue of $441K, expenses of $360K, and assets of $1.3M (revenue +107.3% year-over-year).
- 2012: Revenue of $213K, expenses of $227K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kansas Independent College Foundation:
Data Sources and Methodology
This transparency report for Kansas Independent College Foundation 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.