Kenneth J Wagnon Foundation
EIN: 481140527 · Wichita, KS · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $52K |
| Total Expenses | $50K |
| Net Assets | $3K |
Is Kenneth J Wagnon Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kenneth J Wagnon Foundation
Kenneth J Wagnon Foundation (EIN: 481140527) is a nonprofit organization based in Wichita, KS, classified under NTEE code T20Z. The organization reported total revenue of $52K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kenneth J Wagnon Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kenneth J Wagnon Foundation is a micro nonprofit that has been operating for 31 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 101.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $50K |
| Surplus / Deficit | +$13 |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | 0.0% |
| Months of Reserves | 0.8 months |
Financial Health Grade: B
In 2019, Kenneth J Wagnon Foundation reported a surplus of $13 with revenue exceeding expenses, holds 0.8 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2011–2019), Kenneth J Wagnon Foundation's revenue has grown at a compound annual growth rate (CAGR) of 101.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -100.0% | -7.5% | -47.1% |
| 2012 | -100.0% | -7.6% | -19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kenneth J Wagnon 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 Kenneth J Wagnon 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13, with revenue exceeding expenses.
Frequently Asked Questions about Kenneth J Wagnon Foundation
Is Kenneth J Wagnon Foundation a legitimate charity?
Kenneth J Wagnon Foundation (EIN: 481140527) is a registered tax-exempt nonprofit based in Kansas. It has 6 years of IRS 990 filings on record. Total revenue: $52K. No red flags identified. Financial health grade: B.
How does Kenneth J Wagnon Foundation spend its money?
Kenneth J Wagnon Foundation reported $52K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kenneth J Wagnon Foundation tax-deductible?
Kenneth J Wagnon Foundation is registered as a tax-exempt nonprofit (EIN: 481140527). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kenneth J Wagnon Foundation located?
Kenneth J Wagnon Foundation is headquartered in Wichita, Kansas and files with the IRS under EIN 481140527. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Kenneth J Wagnon Foundation have?
Kenneth J Wagnon 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 $52K in total revenue.
Filing History
IRS 990 filing history for Kenneth J Wagnon Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Kenneth J Wagnon Foundation's revenue has grown by 26666.3%, moving from $187 to $50K. Total assets decreased by 98.8% over the same period, from $281K to $3K. Total functional expenses fell by 16.8%, from $60K to $50K. In its most recent filing year (2019), Kenneth J Wagnon Foundation reported a surplus of $13, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $50K | $50K | $3K | $0 | — | View 990 |
| 2015 | $0 | $53K | $59K | $0 | — | View 990 |
| 2014 | $54 | $57K | $112K | $0 | — | View 990 |
| 2013 | $0 | $57K | $168K | $0 | — | View 990 |
| 2012 | $0 | $56K | $225K | $0 | — | View 990 |
| 2011 | $187 | $60K | $281K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $50K, expenses of $50K, and assets of $3K.
- 2015: Revenue of $0, expenses of $53K, and assets of $59K (revenue -100.0% year-over-year).
- 2014: Revenue of $54, expenses of $57K, and assets of $112K.
- 2013: Revenue of $0, expenses of $57K, and assets of $168K.
- 2012: Revenue of $0, expenses of $56K, and assets of $225K (revenue -100.0% year-over-year).
- 2011: Revenue of $187, expenses of $60K, and assets of $281K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kenneth J Wagnon Foundation:
Data Sources and Methodology
This transparency report for Kenneth J Wagnon 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.