Koinonia Senior Care Inc
EIN: 461040065 · Wichita, KS · NTEE: P81
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $69K |
| Net Assets | $69K |
Is Koinonia Senior Care Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Koinonia Senior Care Inc
Koinonia Senior Care Inc (EIN: 461040065) is a nonprofit organization based in Wichita, KS, classified under NTEE code P81. The organization reported total revenue of $71K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Koinonia Senior Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Koinonia Senior Care Inc is a micro nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $69K |
| Surplus / Deficit | +$21K |
| Total Assets | $70K |
| Total Liabilities | $553 |
| Net Assets | $69K |
| Operating Margin | 23.4% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2023, Koinonia Senior Care Inc reported a surplus of $21K with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Koinonia Senior Care Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.9% | +2.0% | +43.7% |
| 2022 | -16.9% | -7.3% | +8.8% |
| 2021 | +8.3% | -5.0% | +8.7% |
| 2020 | -13.9% | -16.0% | +42.0% |
| 2019 | -1.1% | +19.1% | +4.6% |
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 Koinonia Senior Care 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 Koinonia Senior Care 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 $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Koinonia Senior Care Inc
Is Koinonia Senior Care Inc a legitimate charity?
Koinonia Senior Care Inc (EIN: 461040065) is a registered tax-exempt nonprofit based in Kansas. It has 6 years of IRS 990 filings on record. Total revenue: $71K. No red flags identified. Financial health grade: A.
How does Koinonia Senior Care Inc spend its money?
Koinonia Senior Care Inc reported $71K 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 Koinonia Senior Care Inc tax-deductible?
Koinonia Senior Care Inc is registered as a tax-exempt nonprofit (EIN: 461040065). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Koinonia Senior Care Inc located?
Koinonia Senior Care Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 461040065. It is classified under NTEE code P81.
How many years of IRS 990 filings does Koinonia Senior Care Inc have?
Koinonia Senior Care Inc 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 $71K in total revenue.
Filing History
IRS 990 filing history for Koinonia Senior Care Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Koinonia Senior Care Inc's revenue has declined by 4.2%, moving from $94K to $90K. Total assets increased by 152.6% over the same period, from $28K to $70K. Total functional expenses fell by 10.2%, from $76K to $69K. In its most recent filing year (2023), Koinonia Senior Care Inc reported a surplus of $21K, with revenue exceeding expenses. The organization holds $553 in liabilities against $70K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $69K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $90K | $69K | $70K | $553 | — | — |
| 2022 | $72K | $67K | $48K | $313 | — | View 990 |
| 2021 | $86K | $73K | $45K | $816 | — | View 990 |
| 2020 | $80K | $76K | $41K | $11K | — | — |
| 2019 | $93K | $91K | $29K | $2K | — | View 990 |
| 2018 | $94K | $76K | $28K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $90K, expenses of $69K, and assets of $70K (revenue +24.9% year-over-year).
- 2022: Revenue of $72K, expenses of $67K, and assets of $48K (revenue -16.9% year-over-year).
- 2021: Revenue of $86K, expenses of $73K, and assets of $45K (revenue +8.3% year-over-year).
- 2020: Revenue of $80K, expenses of $76K, and assets of $41K (revenue -13.9% year-over-year).
- 2019: Revenue of $93K, expenses of $91K, and assets of $29K (revenue -1.1% year-over-year).
- 2018: Revenue of $94K, expenses of $76K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Koinonia Senior Care Inc:
Data Sources and Methodology
This transparency report for Koinonia Senior Care 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.