Vernon Multipurpose Center
EIN: 480864734 · Kansas City, KS · NTEE: P81Z
| Metric | Value |
|---|---|
| Total Revenue | $100K |
| Total Expenses | $16K |
| Net Assets | $8K |
Is Vernon Multipurpose Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vernon Multipurpose Center
Vernon Multipurpose Center (EIN: 480864734) is a nonprofit organization based in Kansas City, KS, classified under NTEE code P81Z. The organization reported total revenue of $100K and total assets of $118K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vernon Multipurpose Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vernon Multipurpose Center is a micro nonprofit that has been operating for 40 years, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of -39.6%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $16K |
| Surplus / Deficit | +$2K |
| Total Assets | $9K |
| Total Liabilities | $1K |
| Net Assets | $8K |
| Operating Margin | 10.4% |
| Debt-to-Asset Ratio | 15.7% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2013, Vernon Multipurpose Center reported a surplus of $2K with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 15.7% (very low leverage).
Financial Trends
Over 3 years of filings (2011–2013), Vernon Multipurpose Center's revenue has declined at a compound annual growth rate (CAGR) of -39.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -13.2% | -8.2% | -19.3% |
| 2012 | -58.0% | -65.8% | +49.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vernon Multipurpose Center 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 Vernon Multipurpose Center 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 (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.7%.
Frequently Asked Questions about Vernon Multipurpose Center
Is Vernon Multipurpose Center a legitimate charity?
Vernon Multipurpose Center (EIN: 480864734) is a registered tax-exempt nonprofit based in Kansas. It has 3 years of IRS 990 filings on record. Total revenue: $100K. No red flags identified. Financial health grade: A.
How does Vernon Multipurpose Center spend its money?
Vernon Multipurpose Center reported $100K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vernon Multipurpose Center tax-deductible?
Vernon Multipurpose Center is registered as a tax-exempt nonprofit (EIN: 480864734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vernon Multipurpose Center located?
Vernon Multipurpose Center is headquartered in Kansas City, Kansas and files with the IRS under EIN 480864734. It is classified under NTEE code P81Z.
How many years of IRS 990 filings does Vernon Multipurpose Center have?
Vernon Multipurpose Center has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $100K in total revenue.
Filing History
IRS 990 filing history for Vernon Multipurpose Center showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Vernon Multipurpose Center's revenue has declined by 63.5%, moving from $49K to $18K. Total assets increased by 20.8% over the same period, from $8K to $9K. Total functional expenses fell by 68.6%, from $51K to $16K. In its most recent filing year (2013), Vernon Multipurpose Center reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1K in liabilities against $9K in assets (debt-to-asset ratio: 15.7%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $18K | $16K | $9K | $1K | — | View 990 |
| 2012 | $20K | $17K | $11K | $5K | — | View 990 |
| 2011 | $49K | $51K | $8K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $18K, expenses of $16K, and assets of $9K (revenue -13.2% year-over-year).
- 2012: Revenue of $20K, expenses of $17K, and assets of $11K (revenue -58.0% year-over-year).
- 2011: Revenue of $49K, expenses of $51K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vernon Multipurpose Center:
Data Sources and Methodology
This transparency report for Vernon Multipurpose Center 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.