V J Wilkins Foundation

V J Wilkins Foundation maintains strong assets and zero executive compensation amidst fluctuating revenues.

EIN: 203225892 · Arkansas City, KS · NTEE: T20 · Updated: 2026-03-28

$3.0MRevenue
$8.4MAssets
95/100Mission Score (Excellent)
T20
V J Wilkins Foundation Financial Summary
MetricValue
Total Revenue$3.0M
Total Expenses$541K
Program Spending95%
Net Assets$7.8M
Transparency Score95/100

Search Intent Cockpit

V J Wilkins Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

V J Wilkins Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around V J Wilkins Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $496K and expenses of $541K.

Revenue and Expenses

V J Wilkins Foundation reported $496K in revenue and $541K in expenses, a deficit of $45K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

95/100 mission score, 1 red flag, and 5 strengths are shown from structured and AI review.

Is V J Wilkins Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
95%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

V J Wilkins Foundation Expense Deployment
Program services$514K (95%)

Across stored filings, V J Wilkins Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

V J Wilkins Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend95% to programsExcellent
Financial durabilityGrade B10 stored filing years
Peer contextCompare with Kansas State Catbackers IncKansas and Philanthropy context

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V J Wilkins Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About V J Wilkins Foundation

V J Wilkins Foundation (EIN: 203225892) is a nonprofit organization based in Arkansas City, KS, classified under NTEE code T20. The organization reported total revenue of $3.0M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of V J Wilkins Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

V J Wilkins Foundation is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 198.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$496K
Total Expenses$541K
Surplus / Deficit$-44,650
Total Assets$7.8M
Total Liabilities$1
Net Assets$7.8M
Operating Margin-9.0%
Debt-to-Asset Ratio0.0%
Months of Reserves173.6 months

Financial Health Grade: B

In 2023, V J Wilkins Foundation reported a deficit of $45K with expenses exceeding revenue, holds 173.6 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), V J Wilkins Foundation's revenue has grown at a compound annual growth rate (CAGR) of 198.3%.

YearRevenue ChangeExpense ChangeAsset Change
2022-115.5%-6.8%-8.7%
2021+192.9%+15.0%+11.4%
2020-43.3%-18.8%+0.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The V J Wilkins Foundation demonstrates a consistent commitment to its programmatic mission, as evidenced by its financial filings. Over the past five years, the foundation has maintained a healthy asset base, with assets consistently above $7.7 million, peaking at $8,591,892 in 2021. While revenue has fluctuated significantly, including negative revenue in 2022 and 2015, the foundation has managed its expenses, which have remained relatively stable, averaging around $540,000 annually in recent years. This stability in expenses, coupled with zero reported officer compensation across all available filings, suggests a lean operational structure and a strong focus on deploying resources towards its charitable purpose. The foundation's spending efficiency appears high, particularly given the absence of executive compensation, which often consumes a significant portion of a nonprofit's budget. The consistent reporting of minimal liabilities ($1 across most filings) indicates sound financial management and a low-risk profile. The NTEE code T20, which typically refers to grantmaking foundations, aligns with the observed financial patterns of a foundation primarily distributing funds rather than directly operating programs. The transparency is excellent, with consistent filings and clear financial indicators. Overall, the V J Wilkins Foundation appears to be a financially sound and efficiently managed grantmaking organization. Its consistent asset base, stable expense levels, and lack of executive compensation point to a strong dedication to its mission. The fluctuations in revenue are not uncommon for foundations relying on investment returns or large, infrequent donations, and the foundation has demonstrated its ability to manage these variations while maintaining its operational capacity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates V J Wilkins Foundation with a Mission Score of 95 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, V J Wilkins 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 (2023)

From the most recent IRS 990 filing on record:

$496KTotal Revenue
$541KTotal Expenses
$7.8MTotal Assets
$1Total Liabilities
$7.8MNet Assets
  • The organization reported a deficit of $45K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The V J Wilkins Foundation reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its executives. This is highly unusual and suggests a volunteer-led or extremely lean operational model, allowing a greater proportion of funds to be directed towards its mission.

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 V J Wilkins Foundation's IRS 990 filings:

  • Significant revenue fluctuations, including negative revenue in some years (e.g., -$223,235 in 2022), which could indicate reliance on volatile investment income or specific large, infrequent donations.

Strengths

The following positive indicators were identified for V J Wilkins Foundation:

  • Zero reported officer compensation across all filings, indicating extremely high operational efficiency and direct application of funds to mission.
  • Strong and consistent asset base, with assets over $7.8 million in 2023, providing long-term financial stability.
  • Minimal liabilities ($1 reported in most recent filings), demonstrating sound financial management and low financial risk.
  • Consistent filing history (10 filings), indicating good transparency and compliance with IRS regulations.
  • Stable expense levels despite revenue fluctuations, suggesting effective budget management.

Frequently Asked Questions about V J Wilkins Foundation

Is V J Wilkins Foundation a legitimate charity?

V J Wilkins Foundation (EIN: 203225892) is a registered tax-exempt nonprofit based in Kansas. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.0M. 1 red flag identified. 5 strengths noted. Financial health grade: B.

How does V J Wilkins Foundation spend its money?

V J Wilkins Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to V J Wilkins Foundation tax-deductible?

V J Wilkins Foundation is registered as a tax-exempt nonprofit (EIN: 203225892). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does V J Wilkins Foundation compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), V J Wilkins Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is V J Wilkins Foundation located?

V J Wilkins Foundation is headquartered in Arkansas City, Kansas and files with the IRS under EIN 203225892. It is classified under NTEE code T20.

How many years of IRS 990 filings does V J Wilkins Foundation have?

V J Wilkins 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 $3.0M in total revenue.

Is the V J Wilkins Foundation a good charity?

Based on the available IRS 990 data, the V J Wilkins Foundation appears to be a very good charity. It maintains a strong asset base (over $7.8 million in 2023), has consistently low liabilities ($1), and reports 0% officer compensation, indicating high efficiency and a strong focus on its mission.

How does the foundation manage its expenses?

The foundation manages its expenses very efficiently. Annual expenses have been stable, averaging around $540,000 in recent years, despite fluctuating revenues. The absence of executive compensation significantly contributes to this efficiency.

What is the financial stability of the V J Wilkins Foundation?

The V J Wilkins Foundation demonstrates strong financial stability. It consistently holds substantial assets (e.g., $7,829,716 in 2023) and reports minimal liabilities ($1), indicating a healthy balance sheet and robust financial health.

Filing History

IRS 990 filing history for V J Wilkins Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), V J Wilkins Foundation's revenue has grown by 49649100%, moving from $1 to $496K. Total assets increased by 782971500% over the same period, from $1 to $7.8M. In its most recent filing year (2023), V J Wilkins Foundation reported a deficit of $45K, with expenses exceeding revenue. The organization holds $1 in liabilities against $7.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $496K $541K $7.8M $1 View 990
2022 $-223,235 $523K $7.8M $1 View 990
2021 $1.4M $562K $8.6M $1
2020 $493K $488K $7.7M $1
2019 $868K $602K $7.7M $1 View 990
2015 $-318,134 $479K $7.7M $1 View 990
2014 $1.1M $514K $8.5M $1 View 990
2013 $1 $0 $1 $1 View 990
2012 $1 $0 $1 $1 View 990
2011 $1 $0 $1 $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $496K, expenses of $541K, and assets of $7.8M.
  • 2022: Revenue of $-223,235, expenses of $523K, and assets of $7.8M (revenue -115.5% year-over-year).
  • 2021: Revenue of $1.4M, expenses of $562K, and assets of $8.6M (revenue +192.9% year-over-year).
  • 2020: Revenue of $493K, expenses of $488K, and assets of $7.7M (revenue -43.3% year-over-year).
  • 2019: Revenue of $868K, expenses of $602K, and assets of $7.7M.
  • 2015: Revenue of $-318,134, expenses of $479K, and assets of $7.7M (revenue -130.1% year-over-year).
  • 2014: Revenue of $1.1M, expenses of $514K, and assets of $8.5M (revenue +105537800.0% year-over-year).
  • 2013: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
  • 2012: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
  • 2011: Revenue of $1, expenses of $0, and assets of $1.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for V J Wilkins Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for V J Wilkins 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.

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