U S D 498 Foundation
EIN: 481224971 · Waterville, KS · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $456K |
| Total Expenses | $34K |
| Net Assets | $1.1M |
Is U S D 498 Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About U S D 498 Foundation
U S D 498 Foundation (EIN: 481224971) is a nonprofit organization based in Waterville, KS, classified under NTEE code B82. The organization reported total revenue of $456K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of U S D 498 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
U S D 498 Foundation is a small nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $45K |
| Total Expenses | $34K |
| Surplus / Deficit | +$12K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 25.5% |
| Months of Reserves | 393.1 months |
Financial Health Grade: A
In 2024, U S D 498 Foundation reported a surplus of $12K with revenue exceeding expenses, holds 393.1 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), U S D 498 Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +112.0% | -64.0% | +0.3% |
| 2023 | -80.6% | +71.5% | -5.5% |
| 2022 | +46.0% | +101.1% | +5.0% |
| 2021 | +141.5% | -27.4% | +4.6% |
| 2020 | -55.9% | -5.0% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for U S D 498 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 U S D 498 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Frequently Asked Questions about U S D 498 Foundation
Is U S D 498 Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, U S D 498 Foundation (EIN: 481224971) insufficient data. 0 red flags identified, 0 strengths noted.
How does U S D 498 Foundation spend its money?
Detailed spending breakdown data is not yet available for U S D 498 Foundation. Check back for updated IRS 990 analysis.
Are donations to U S D 498 Foundation tax-deductible?
U S D 498 Foundation is registered as a tax-exempt nonprofit (EIN: 481224971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is U S D 498 Foundation located?
U S D 498 Foundation is headquartered in Waterville, Kansas and files with the IRS under EIN 481224971. It is classified under NTEE code B82.
How many years of IRS 990 filings does U S D 498 Foundation have?
U S D 498 Foundation has 14 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 $456K in total revenue.
Filing History
IRS 990 filing history for U S D 498 Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), U S D 498 Foundation's revenue has grown by 95.6%, moving from $23K to $45K. Total assets increased by 150.2% over the same period, from $442K to $1.1M. Total functional expenses rose by 26.4%, from $27K to $34K. In its most recent filing year (2024), U S D 498 Foundation reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $45K | $34K | $1.1M | $0 | — | — |
| 2023 | $21K | $94K | $1.1M | $8K | — | View 990 |
| 2022 | $111K | $55K | $1.2M | $0 | — | View 990 |
| 2021 | $76K | $27K | $1.1M | $0 | — | — |
| 2020 | $31K | $37K | $1.1M | $0 | — | View 990 |
| 2019 | $71K | $39K | $1.1M | $0 | — | View 990 |
| 2018 | $70K | $36K | $1.0M | $0 | — | — |
| 2017 | $69K | $37K | $1.0M | $0 | — | View 990 |
| 2016 | $-7,570 | $40K | $972K | $0 | — | View 990 |
| 2015 | $52K | $32K | $1.0M | $99 | — | View 990 |
| 2014 | $36K | $39K | $1000K | $0 | — | View 990 |
| 2013 | $98K | $23K | $1.0M | $0 | — | View 990 |
| 2012 | $512K | $27K | $927K | $0 | — | View 990 |
| 2011 | $23K | $27K | $442K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $45K, expenses of $34K, and assets of $1.1M (revenue +112.0% year-over-year).
- 2023: Revenue of $21K, expenses of $94K, and assets of $1.1M (revenue -80.6% year-over-year).
- 2022: Revenue of $111K, expenses of $55K, and assets of $1.2M (revenue +46.0% year-over-year).
- 2021: Revenue of $76K, expenses of $27K, and assets of $1.1M (revenue +141.5% year-over-year).
- 2020: Revenue of $31K, expenses of $37K, and assets of $1.1M (revenue -55.9% year-over-year).
- 2019: Revenue of $71K, expenses of $39K, and assets of $1.1M (revenue +0.8% year-over-year).
- 2018: Revenue of $70K, expenses of $36K, and assets of $1.0M (revenue +1.9% year-over-year).
- 2017: Revenue of $69K, expenses of $37K, and assets of $1.0M.
- 2016: Revenue of $-7,570, expenses of $40K, and assets of $972K (revenue -114.5% year-over-year).
- 2015: Revenue of $52K, expenses of $32K, and assets of $1.0M (revenue +43.0% year-over-year).
- 2014: Revenue of $36K, expenses of $39K, and assets of $1000K (revenue -62.7% year-over-year).
- 2013: Revenue of $98K, expenses of $23K, and assets of $1.0M (revenue -80.9% year-over-year).
- 2012: Revenue of $512K, expenses of $27K, and assets of $927K (revenue +2108.4% year-over-year).
- 2011: Revenue of $23K, expenses of $27K, and assets of $442K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for U S D 498 Foundation:
Data Sources and Methodology
This transparency report for U S D 498 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.