League 42 Foundation
EIN: 463488795 · Wichita, KS · NTEE: N63
| Metric | Value |
|---|---|
| Total Revenue | $892K |
| Total Expenses | $447K |
| Net Assets | $3.6M |
Is League 42 Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About League 42 Foundation
League 42 Foundation (EIN: 463488795) is a nonprofit organization based in Wichita, KS, classified under NTEE code N63. The organization reported total revenue of $892K and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of League 42 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
League 42 Foundation is a small nonprofit that has been operating for 6 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 61.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $447K |
| Surplus / Deficit | +$1.1M |
| Total Assets | $3.6M |
| Net Assets | $3.6M |
| Operating Margin | 71.9% |
| Months of Reserves | 96.3 months |
Financial Health Grade: A
In 2023, League 42 Foundation reported a surplus of $1.1M with revenue exceeding expenses, holds 96.3 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), League 42 Foundation's revenue has grown at a compound annual growth rate (CAGR) of 61.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.8% | +54.2% | +46.6% |
| 2022 | +89.8% | +71.7% | +92.5% |
| 2021 | +243.0% | +24.5% | +91.6% |
| 2020 | -55.2% | +4.0% | +16.6% |
| 2019 | +263.7% | +20.6% | +198.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for League 42 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 League 42 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 $1.1M, with revenue exceeding expenses.
Frequently Asked Questions about League 42 Foundation
Is League 42 Foundation a legitimate charity?
League 42 Foundation (EIN: 463488795) is a registered tax-exempt nonprofit based in Kansas. It has 11 years of IRS 990 filings on record. Total revenue: $892K. No red flags identified. Financial health grade: A.
How does League 42 Foundation spend its money?
League 42 Foundation reported $892K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to League 42 Foundation tax-deductible?
League 42 Foundation is registered as a tax-exempt nonprofit (EIN: 463488795). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is League 42 Foundation located?
League 42 Foundation is headquartered in Wichita, Kansas and files with the IRS under EIN 463488795. It is classified under NTEE code N63.
How many years of IRS 990 filings does League 42 Foundation have?
League 42 Foundation has 11 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 $892K in total revenue.
Filing History
IRS 990 filing history for League 42 Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), League 42 Foundation's revenue has grown by 11706.2%, moving from $13K to $1.6M. Total assets increased by 29594.3% over the same period, from $12K to $3.6M. Total functional expenses rose by 32051.3%, from $1K to $447K. In its most recent filing year (2023), League 42 Foundation reported a surplus of $1.1M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $447K | $3.6M | $-5,465 | — | View 990 |
| 2022 | $1.5M | $290K | $2.4M | $-1,759 | — | View 990 |
| 2021 | $777K | $169K | $1.3M | $7K | — | — |
| 2020 | $227K | $136K | $664K | $7K | — | — |
| 2019 | $506K | $131K | $569K | $4K | — | View 990 |
| 2018 | $139K | $108K | $191K | $925 | — | View 990 |
| 2017 | $162K | $75K | $160K | $785 | — | View 990 |
| 2016 | $70K | $82K | $73K | $432 | — | View 990 |
| 2015 | $113K | $58K | $85K | $0 | — | View 990 |
| 2014 | $13K | $1K | $12K | $0 | — | View 990 |
| 2013 | $13K | $1K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $447K, and assets of $3.6M (revenue +7.8% year-over-year).
- 2022: Revenue of $1.5M, expenses of $290K, and assets of $2.4M (revenue +89.8% year-over-year).
- 2021: Revenue of $777K, expenses of $169K, and assets of $1.3M (revenue +243.0% year-over-year).
- 2020: Revenue of $227K, expenses of $136K, and assets of $664K (revenue -55.2% year-over-year).
- 2019: Revenue of $506K, expenses of $131K, and assets of $569K (revenue +263.7% year-over-year).
- 2018: Revenue of $139K, expenses of $108K, and assets of $191K (revenue -14.2% year-over-year).
- 2017: Revenue of $162K, expenses of $75K, and assets of $160K (revenue +130.2% year-over-year).
- 2016: Revenue of $70K, expenses of $82K, and assets of $73K (revenue -37.5% year-over-year).
- 2015: Revenue of $113K, expenses of $58K, and assets of $85K (revenue +736.5% year-over-year).
- 2014: Revenue of $13K, expenses of $1K, and assets of $12K (revenue +0.0% year-over-year).
- 2013: Revenue of $13K, expenses of $1K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for League 42 Foundation:
Data Sources and Methodology
This transparency report for League 42 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.