The Ken And Jan Shannon Family Foundation
The Ken And Jan Shannon Family Foundation consistently distributed nearly all its revenue, with no reported officer compensation, but current data shows zero assets and revenue.
EIN: 200438918 · Wichita, KS · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $442K |
| Program Spending | 95% |
| Net Assets | $139K |
| Transparency Score | 85/100 |
Is The Ken And Jan Shannon Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Ken And Jan Shannon Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Ken And Jan Shannon Family Foundation
The Ken And Jan Shannon Family Foundation (EIN: 200438918) is a nonprofit organization based in Wichita, KS. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Ken And Jan Shannon Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Ken And Jan Shannon Family Foundation is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 44.8%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $440K |
| Total Expenses | $442K |
| Surplus / Deficit | $-1,540 |
| Total Assets | $139K |
| Total Liabilities | $1 |
| Net Assets | $139K |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2015, The Ken And Jan Shannon Family Foundation reported a deficit of $2K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), The Ken And Jan Shannon Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 44.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -2.2% | +13.1% | -1.1% |
| 2014 | -18.2% | -28.3% | +73.4% |
| 2013 | +57.1% | +65.5% | +6.5% |
| 2012 | +250.0% | +136.9% | +37.1% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Ken And Jan Shannon Family Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, The Ken And Jan Shannon Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that officers are either volunteers or compensated through an undisclosed mechanism, which is unusual for an organization of its historical size but could indicate a strong commitment to program spending.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Ken And Jan Shannon Family Foundation's IRS 990 filings:
- Discrepancy in latest reported revenue and assets compared to historical data, suggesting a significant change or data anomaly.
- Lack of NTEE code, making it difficult to categorize and compare the organization's mission and activities.
Strengths
The following positive indicators were identified for The Ken And Jan Shannon Family Foundation:
- Historically high program spending, with expenses closely matching revenue (e.g., 201506: $440,000 revenue vs. $441,540 expenses).
- Consistently low liabilities, typically $1, indicating strong financial health and minimal debt.
- No reported officer compensation, suggesting a strong commitment to directing funds towards the mission.
Frequently Asked Questions about The Ken And Jan Shannon Family Foundation
Is The Ken And Jan Shannon Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Ken And Jan Shannon Family Foundation (EIN: 200438918) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does The Ken And Jan Shannon Family Foundation spend its money?
The Ken And Jan Shannon Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Ken And Jan Shannon Family Foundation tax-deductible?
The Ken And Jan Shannon Family Foundation is registered as a tax-exempt nonprofit (EIN: 200438918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Ken And Jan Shannon Family Foundation located?
The Ken And Jan Shannon Family Foundation is headquartered in Wichita, Kansas and files with the IRS under EIN 200438918.
How many years of IRS 990 filings does The Ken And Jan Shannon Family Foundation have?
The Ken And Jan Shannon Family Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why does the latest filing show $0 revenue and assets, while previous filings show significant activity?
This discrepancy could be due to a change in the foundation's operational status, a specific type of filing (e.g., termination), or an error in the provided 'Latest Revenue' and 'Assets' data. Further investigation into the most recent full 990 filing would be necessary to understand this change.
Is the foundation truly operating with no officer compensation?
Based on the provided data, officer compensation is consistently reported as $0. This could mean officers are volunteers, or their compensation is handled and reported differently, which would require reviewing the full 990 forms for details on related organizations or other compensation schedules.
What are the primary programs or grants funded by The Ken And Jan Shannon Family Foundation?
The provided data does not specify the nature of the foundation's programs or grants. To understand its mission impact, one would need to review Schedule I (Grants and Other Assistance to Organizations, Governments, and Individuals) of its 990 filings.
Filing History
IRS 990 filing history for The Ken And Jan Shannon Family Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), The Ken And Jan Shannon Family Foundation's revenue has grown by 340%, moving from $100K to $440K. Total assets increased by 150.3% over the same period, from $55K to $139K. Total functional expenses rose by 217.5%, from $139K to $442K. In its most recent filing year (2015), The Ken And Jan Shannon Family Foundation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $139K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $139K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $440K | $442K | $139K | $1 | — | View 990 |
| 2014 | $450K | $391K | $140K | $1 | — | View 990 |
| 2013 | $550K | $545K | $81K | $1 | — | View 990 |
| 2012 | $350K | $329K | $76K | $1 | — | View 990 |
| 2011 | $100K | $139K | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $440K, expenses of $442K, and assets of $139K (revenue -2.2% year-over-year).
- 2014: Revenue of $450K, expenses of $391K, and assets of $140K (revenue -18.2% year-over-year).
- 2013: Revenue of $550K, expenses of $545K, and assets of $81K (revenue +57.1% year-over-year).
- 2012: Revenue of $350K, expenses of $329K, and assets of $76K (revenue +250.0% year-over-year).
- 2011: Revenue of $100K, expenses of $139K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Ken And Jan Shannon Family Foundation:
Data Sources and Methodology
This transparency report for The Ken And Jan Shannon Family 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.