Salina Area Technical College Foundation
EIN: 273299216 · Salina, KS · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $698K |
| Total Expenses | $313K |
| Net Assets | $945K |
Is Salina Area Technical 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 Salina Area Technical College Foundation
Salina Area Technical College Foundation (EIN: 273299216) is a nonprofit organization based in Salina, KS, classified under NTEE code B11. The organization reported total revenue of $698K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salina Area Technical College Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salina Area Technical College Foundation is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 39.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $760K |
| Total Expenses | $313K |
| Surplus / Deficit | +$447K |
| Total Assets | $1.6M |
| Total Liabilities | $694K |
| Net Assets | $945K |
| Operating Margin | 58.8% |
| Debt-to-Asset Ratio | 42.3% |
| Months of Reserves | 62.9 months |
Financial Health Grade: A
In 2023, Salina Area Technical College Foundation reported a surplus of $447K with revenue exceeding expenses, holds 62.9 months of operating reserves (strong position), has a debt-to-asset ratio of 42.3% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Salina Area Technical College Foundation's revenue has grown at a compound annual growth rate (CAGR) of 39.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +71.2% | -71.3% | +60.6% |
| 2022 | -42.1% | +1190.4% | -11.1% |
| 2021 | +315.2% | -33.6% | +230.0% |
| 2020 | +225.8% | +7.1% | -11.5% |
| 2019 | -60.1% | -52.8% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Salina Area Technical 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 Salina Area Technical 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $447K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.3%.
Frequently Asked Questions about Salina Area Technical College Foundation
Is Salina Area Technical College Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Salina Area Technical College Foundation (EIN: 273299216) insufficient data. 0 red flags identified, 0 strengths noted.
How does Salina Area Technical College Foundation spend its money?
Detailed spending breakdown data is not yet available for Salina Area Technical College Foundation. Check back for updated IRS 990 analysis.
Are donations to Salina Area Technical College Foundation tax-deductible?
Salina Area Technical College Foundation is registered as a tax-exempt nonprofit (EIN: 273299216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Salina Area Technical College Foundation located?
Salina Area Technical College Foundation is headquartered in Salina, Kansas and files with the IRS under EIN 273299216. It is classified under NTEE code B11.
How many years of IRS 990 filings does Salina Area Technical College Foundation have?
Salina Area Technical College Foundation has 9 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 $698K in total revenue.
Filing History
IRS 990 filing history for Salina Area Technical College Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Salina Area Technical College Foundation's revenue has grown by 1313.3%, moving from $54K to $760K. Total assets increased by 846.9% over the same period, from $173K to $1.6M. Total functional expenses rose by 3791.3%, from $8K to $313K. In its most recent filing year (2023), Salina Area Technical College Foundation reported a surplus of $447K, with revenue exceeding expenses. The organization holds $694K in liabilities against $1.6M in assets (debt-to-asset ratio: 42.3%), resulting in net assets of $945K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $760K | $313K | $1.6M | $694K | — | — |
| 2022 | $444K | $1.1M | $1.0M | $522K | — | View 990 |
| 2021 | $767K | $84K | $1.1M | $3K | — | View 990 |
| 2020 | $185K | $127K | $348K | $3K | — | View 990 |
| 2019 | $57K | $119K | $393K | $105K | — | View 990 |
| 2018 | $142K | $252K | $350K | $0 | — | View 990 |
| 2017 | $311K | $51K | $460K | $0 | — | View 990 |
| 2016 | $39K | $8K | $200K | $900 | — | View 990 |
| 2015 | $54K | $8K | $173K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $760K, expenses of $313K, and assets of $1.6M (revenue +71.2% year-over-year).
- 2022: Revenue of $444K, expenses of $1.1M, and assets of $1.0M (revenue -42.1% year-over-year).
- 2021: Revenue of $767K, expenses of $84K, and assets of $1.1M (revenue +315.2% year-over-year).
- 2020: Revenue of $185K, expenses of $127K, and assets of $348K (revenue +225.8% year-over-year).
- 2019: Revenue of $57K, expenses of $119K, and assets of $393K (revenue -60.1% year-over-year).
- 2018: Revenue of $142K, expenses of $252K, and assets of $350K (revenue -54.3% year-over-year).
- 2017: Revenue of $311K, expenses of $51K, and assets of $460K (revenue +694.7% year-over-year).
- 2016: Revenue of $39K, expenses of $8K, and assets of $200K (revenue -27.2% year-over-year).
- 2015: Revenue of $54K, expenses of $8K, and assets of $173K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salina Area Technical College Foundation:
Data Sources and Methodology
This transparency report for Salina Area Technical 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.