Unified School District No 380 Endowment Association
EIN: 481122532 · Vermillion, KS
| Metric | Value |
|---|---|
| Total Revenue | $22K |
| Total Expenses | $4K |
| Net Assets | $39K |
Is Unified School District No 380 Endowment Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Unified School District No 380 Endowment Association
Unified School District No 380 Endowment Association (EIN: 481122532) is a nonprofit organization based in Vermillion, KS. The organization reported total revenue of $22K and total assets of $44K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unified School District No 380 Endowment Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Unified School District No 380 Endowment Association is a micro nonprofit that has been operating for 36 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $4K |
| Surplus / Deficit | +$3K |
| Total Assets | $39K |
| Total Liabilities | $1 |
| Net Assets | $39K |
| Operating Margin | 43.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 133.2 months |
Financial Health Grade: A
In 2023, Unified School District No 380 Endowment Association reported a surplus of $3K with revenue exceeding expenses, holds 133.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Unified School District No 380 Endowment Association's revenue has declined at a compound annual growth rate (CAGR) of -17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.2% | -9.6% | +7.3% |
| 2022 | +103.1% | -33.0% | +11.5% |
| 2021 | -98.8% | -99.6% | -5.9% |
| 2020 | +222.2% | +1919.1% | -97.0% |
| 2019 | +27.0% | +3.9% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Unified School District No 380 Endowment Association 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 Unified School District No 380 Endowment Association 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Unified School District No 380 Endowment Association
Is Unified School District No 380 Endowment Association a legitimate charity?
Unified School District No 380 Endowment Association (EIN: 481122532) is a registered tax-exempt nonprofit based in Kansas. It has 10 years of IRS 990 filings on record. Total revenue: $22K. No red flags identified. Financial health grade: A.
How does Unified School District No 380 Endowment Association spend its money?
Unified School District No 380 Endowment Association reported $22K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Unified School District No 380 Endowment Association tax-deductible?
Unified School District No 380 Endowment Association is registered as a tax-exempt nonprofit (EIN: 481122532). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Unified School District No 380 Endowment Association located?
Unified School District No 380 Endowment Association is headquartered in Vermillion, Kansas and files with the IRS under EIN 481122532.
How many years of IRS 990 filings does Unified School District No 380 Endowment Association have?
Unified School District No 380 Endowment Association has 10 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 $22K in total revenue.
Filing History
IRS 990 filing history for Unified School District No 380 Endowment Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Unified School District No 380 Endowment Association's revenue has declined by 90.3%, moving from $64K to $6K. Total assets decreased by 96.4% over the same period, from $1.1M to $39K. Total functional expenses fell by 94.6%, from $65K to $4K. In its most recent filing year (2023), Unified School District No 380 Endowment Association reported a surplus of $3K, with revenue exceeding expenses. The organization holds $1 in liabilities against $39K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $39K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $4K | $39K | $1 | — | — |
| 2022 | $8K | $4K | $37K | $1 | — | View 990 |
| 2021 | $4K | $6K | $33K | $1 | — | — |
| 2020 | $320K | $1.4M | $35K | $1 | — | View 990 |
| 2019 | $99K | $71K | $1.1M | $1 | — | View 990 |
| 2015 | $78K | $68K | $1.1M | $1 | — | View 990 |
| 2014 | $96K | $71K | $1.1M | $1 | — | View 990 |
| 2013 | $61K | $69K | $1.1M | $1 | — | View 990 |
| 2012 | $61K | $57K | $1.1M | $1 | — | View 990 |
| 2011 | $64K | $65K | $1.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $4K, and assets of $39K (revenue -19.2% year-over-year).
- 2022: Revenue of $8K, expenses of $4K, and assets of $37K (revenue +103.1% year-over-year).
- 2021: Revenue of $4K, expenses of $6K, and assets of $33K (revenue -98.8% year-over-year).
- 2020: Revenue of $320K, expenses of $1.4M, and assets of $35K (revenue +222.2% year-over-year).
- 2019: Revenue of $99K, expenses of $71K, and assets of $1.1M (revenue +27.0% year-over-year).
- 2015: Revenue of $78K, expenses of $68K, and assets of $1.1M (revenue -18.3% year-over-year).
- 2014: Revenue of $96K, expenses of $71K, and assets of $1.1M (revenue +58.3% year-over-year).
- 2013: Revenue of $61K, expenses of $69K, and assets of $1.1M (revenue -1.4% year-over-year).
- 2012: Revenue of $61K, expenses of $57K, and assets of $1.1M (revenue -4.1% year-over-year).
- 2011: Revenue of $64K, expenses of $65K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Unified School District No 380 Endowment Association:
Data Sources and Methodology
This transparency report for Unified School District No 380 Endowment Association 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.