Kansas Wesleyan University Foundation
EIN: 481032245 · Salina, KS · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $1.3M |
| Net Assets | $26.3M |
Is Kansas Wesleyan University 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 Wesleyan University Foundation
Kansas Wesleyan University Foundation (EIN: 481032245) is a nonprofit organization based in Salina, KS, classified under NTEE code B11. The organization reported total revenue of $3.3M and total assets of $29.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kansas Wesleyan University Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kansas Wesleyan University Foundation is a mid-size nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 25.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$776K |
| Total Assets | $26.3M |
| Total Liabilities | $64K |
| Net Assets | $26.3M |
| Operating Margin | 38.0% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 249.5 months |
Financial Health Grade: A
In 2023, Kansas Wesleyan University Foundation reported a surplus of $776K with revenue exceeding expenses, holds 249.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Kansas Wesleyan University Foundation's revenue has grown at a compound annual growth rate (CAGR) of 25.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.4% | -24.9% | +11.2% |
| 2022 | -43.3% | +18.4% | -13.6% |
| 2021 | +480.6% | -12.0% | +53.1% |
| 2020 | +54.0% | +44.6% | -0.8% |
| 2019 | -3.6% | +30.3% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kansas Wesleyan University 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 Wesleyan University 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $776K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Kansas Wesleyan University Foundation
Is Kansas Wesleyan University Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kansas Wesleyan University Foundation (EIN: 481032245) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kansas Wesleyan University Foundation spend its money?
Detailed spending breakdown data is not yet available for Kansas Wesleyan University Foundation. Check back for updated IRS 990 analysis.
Are donations to Kansas Wesleyan University Foundation tax-deductible?
Kansas Wesleyan University Foundation is registered as a tax-exempt nonprofit (EIN: 481032245). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kansas Wesleyan University Foundation located?
Kansas Wesleyan University Foundation is headquartered in Salina, Kansas and files with the IRS under EIN 481032245. It is classified under NTEE code B11.
How many years of IRS 990 filings does Kansas Wesleyan University Foundation have?
Kansas Wesleyan University Foundation has 6 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 $3.3M in total revenue.
Filing History
IRS 990 filing history for Kansas Wesleyan University Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Kansas Wesleyan University Foundation's revenue has grown by 210.9%, moving from $657K to $2.0M. Total assets increased by 48.8% over the same period, from $17.7M to $26.3M. Total functional expenses rose by 47.5%, from $859K to $1.3M. In its most recent filing year (2023), Kansas Wesleyan University Foundation reported a surplus of $776K, with revenue exceeding expenses. The organization holds $64K in liabilities against $26.3M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $26.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.3M | $26.3M | $64K | — | View 990 |
| 2022 | $3.2M | $1.7M | $23.7M | $0 | — | View 990 |
| 2021 | $5.7M | $1.4M | $27.4M | $550K | — | View 990 |
| 2020 | $976K | $1.6M | $17.9M | $319K | — | View 990 |
| 2019 | $634K | $1.1M | $18.1M | $150K | — | View 990 |
| 2018 | $657K | $859K | $17.7M | $13K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.3M, and assets of $26.3M (revenue -36.4% year-over-year).
- 2022: Revenue of $3.2M, expenses of $1.7M, and assets of $23.7M (revenue -43.3% year-over-year).
- 2021: Revenue of $5.7M, expenses of $1.4M, and assets of $27.4M (revenue +480.6% year-over-year).
- 2020: Revenue of $976K, expenses of $1.6M, and assets of $17.9M (revenue +54.0% year-over-year).
- 2019: Revenue of $634K, expenses of $1.1M, and assets of $18.1M (revenue -3.6% year-over-year).
- 2018: Revenue of $657K, expenses of $859K, and assets of $17.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kansas Wesleyan University Foundation:
Data Sources and Methodology
This transparency report for Kansas Wesleyan University 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.