Usd 388 Education Foundation
EIN: 742817054 · Ellis, KS · NTEE: B99M
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $3K |
| Net Assets | $35K |
Is Usd 388 Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Usd 388 Education Foundation
Usd 388 Education Foundation (EIN: 742817054) is a nonprofit organization based in Ellis, KS, classified under NTEE code B99M. The organization reported total revenue of $34K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Usd 388 Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Usd 388 Education Foundation is a micro nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $3K |
| Surplus / Deficit | +$32K |
| Total Assets | $35K |
| Net Assets | $35K |
| Operating Margin | 90.6% |
| Months of Reserves | 129.7 months |
Financial Health Grade: A
In 2023, Usd 388 Education Foundation reported a surplus of $32K with revenue exceeding expenses, holds 129.7 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Usd 388 Education Foundation's revenue has declined at a compound annual growth rate (CAGR) of -9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +266.0% | -66.4% | +1947.1% |
| 2022 | -13.6% | -12.9% | -10.5% |
| 2021 | -37.5% | -35.0% | -6.8% |
| 2020 | +25.7% | -6.0% | +28.9% |
| 2019 | -37.8% | +6.7% | -72.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Usd 388 Education 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 Usd 388 Education 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 $32K, with revenue exceeding expenses.
Frequently Asked Questions about Usd 388 Education Foundation
Is Usd 388 Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Usd 388 Education Foundation (EIN: 742817054) insufficient data. 0 red flags identified, 0 strengths noted.
How does Usd 388 Education Foundation spend its money?
Detailed spending breakdown data is not yet available for Usd 388 Education Foundation. Check back for updated IRS 990 analysis.
Are donations to Usd 388 Education Foundation tax-deductible?
Usd 388 Education Foundation is registered as a tax-exempt nonprofit (EIN: 742817054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Usd 388 Education Foundation located?
Usd 388 Education Foundation is headquartered in Ellis, Kansas and files with the IRS under EIN 742817054. It is classified under NTEE code B99M.
How many years of IRS 990 filings does Usd 388 Education Foundation have?
Usd 388 Education Foundation 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 $34K in total revenue.
Filing History
IRS 990 filing history for Usd 388 Education Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Usd 388 Education Foundation's revenue has declined by 60.4%, moving from $88K to $35K. Total assets increased by 379.5% over the same period, from $7K to $35K. Total functional expenses fell by 96%, from $81K to $3K. In its most recent filing year (2023), Usd 388 Education Foundation reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $3K | $35K | $0 | — | View 990 |
| 2022 | $10K | $10K | $2K | $0 | — | View 990 |
| 2021 | $11K | $11K | $2K | $0 | — | — |
| 2020 | $18K | $17K | $2K | $0 | — | View 990 |
| 2019 | $14K | $18K | $2K | $0 | — | View 990 |
| 2018 | $23K | $17K | $6K | $0 | — | — |
| 2017 | $10K | $9K | $406 | $0 | — | View 990 |
| 2016 | $10K | $10K | $355 | $0 | — | View 990 |
| 2015 | $14K | $21K | $199 | $0 | — | View 990 |
| 2014 | $88K | $81K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $3K, and assets of $35K (revenue +266.0% year-over-year).
- 2022: Revenue of $10K, expenses of $10K, and assets of $2K (revenue -13.6% year-over-year).
- 2021: Revenue of $11K, expenses of $11K, and assets of $2K (revenue -37.5% year-over-year).
- 2020: Revenue of $18K, expenses of $17K, and assets of $2K (revenue +25.7% year-over-year).
- 2019: Revenue of $14K, expenses of $18K, and assets of $2K (revenue -37.8% year-over-year).
- 2018: Revenue of $23K, expenses of $17K, and assets of $6K (revenue +136.8% year-over-year).
- 2017: Revenue of $10K, expenses of $9K, and assets of $406 (revenue -8.4% year-over-year).
- 2016: Revenue of $10K, expenses of $10K, and assets of $355 (revenue -23.2% year-over-year).
- 2015: Revenue of $14K, expenses of $21K, and assets of $199 (revenue -84.6% year-over-year).
- 2014: Revenue of $88K, expenses of $81K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Usd 388 Education Foundation:
Data Sources and Methodology
This transparency report for Usd 388 Education 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.