Wichita Independent Neighborhoods Inc
EIN: 480685039 · Wichita, KS
| Metric | Value |
|---|---|
| Total Revenue | $218K |
| Total Expenses | $186K |
| Net Assets | $218K |
Is Wichita Independent Neighborhoods Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wichita Independent Neighborhoods Inc
Wichita Independent Neighborhoods Inc (EIN: 480685039) is a nonprofit organization based in Wichita, KS. The organization reported total revenue of $218K and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wichita Independent Neighborhoods Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wichita Independent Neighborhoods Inc is a small nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $233K |
| Total Expenses | $186K |
| Surplus / Deficit | +$47K |
| Total Assets | $220K |
| Total Liabilities | $2K |
| Net Assets | $218K |
| Operating Margin | 20.0% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 14.2 months |
Financial Health Grade: A
In 2023, Wichita Independent Neighborhoods Inc reported a surplus of $47K with revenue exceeding expenses, holds 14.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Wichita Independent Neighborhoods Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.8% | -14.0% | +26.7% |
| 2022 | +5.0% | +35.9% | -4.0% |
| 2021 | +8.3% | +2.4% | +31.1% |
| 2020 | +11.7% | -3.9% | +26.8% |
| 2019 | +6.3% | +23.5% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wichita Independent Neighborhoods Inc 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 Wichita Independent Neighborhoods Inc 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 $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Wichita Independent Neighborhoods Inc
Is Wichita Independent Neighborhoods Inc a legitimate charity?
Wichita Independent Neighborhoods Inc (EIN: 480685039) is a registered tax-exempt nonprofit based in Kansas. It has 11 years of IRS 990 filings on record. Total revenue: $218K. No red flags identified. Financial health grade: A.
How does Wichita Independent Neighborhoods Inc spend its money?
Wichita Independent Neighborhoods Inc reported $218K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wichita Independent Neighborhoods Inc tax-deductible?
Wichita Independent Neighborhoods Inc is registered as a tax-exempt nonprofit (EIN: 480685039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wichita Independent Neighborhoods Inc located?
Wichita Independent Neighborhoods Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 480685039.
How many years of IRS 990 filings does Wichita Independent Neighborhoods Inc have?
Wichita Independent Neighborhoods Inc has 11 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 $218K in total revenue.
Filing History
IRS 990 filing history for Wichita Independent Neighborhoods Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Wichita Independent Neighborhoods Inc's revenue has grown by 65.1%, moving from $141K to $233K. Total assets increased by 239.1% over the same period, from $65K to $220K. Total functional expenses rose by 23.4%, from $151K to $186K. In its most recent filing year (2023), Wichita Independent Neighborhoods Inc reported a surplus of $47K, with revenue exceeding expenses. The organization holds $2K in liabilities against $220K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $218K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $233K | $186K | $220K | $2K | — | — |
| 2022 | $210K | $217K | $174K | $2K | — | — |
| 2021 | $200K | $160K | $181K | $3K | — | View 990 |
| 2020 | $185K | $156K | $138K | $546 | — | View 990 |
| 2019 | $166K | $162K | $109K | $579 | — | View 990 |
| 2018 | $156K | $131K | $106K | $1K | — | View 990 |
| 2017 | $172K | $136K | $82K | $1K | — | View 990 |
| 2016 | $164K | $174K | $46K | $736 | — | View 990 |
| 2015 | $144K | $143K | $56K | $720 | — | View 990 |
| 2014 | $128K | $140K | $54K | $928 | — | View 990 |
| 2013 | $141K | $151K | $65K | $263 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $233K, expenses of $186K, and assets of $220K (revenue +10.8% year-over-year).
- 2022: Revenue of $210K, expenses of $217K, and assets of $174K (revenue +5.0% year-over-year).
- 2021: Revenue of $200K, expenses of $160K, and assets of $181K (revenue +8.3% year-over-year).
- 2020: Revenue of $185K, expenses of $156K, and assets of $138K (revenue +11.7% year-over-year).
- 2019: Revenue of $166K, expenses of $162K, and assets of $109K (revenue +6.3% year-over-year).
- 2018: Revenue of $156K, expenses of $131K, and assets of $106K (revenue -9.2% year-over-year).
- 2017: Revenue of $172K, expenses of $136K, and assets of $82K (revenue +4.7% year-over-year).
- 2016: Revenue of $164K, expenses of $174K, and assets of $46K (revenue +13.8% year-over-year).
- 2015: Revenue of $144K, expenses of $143K, and assets of $56K (revenue +12.3% year-over-year).
- 2014: Revenue of $128K, expenses of $140K, and assets of $54K (revenue -9.1% year-over-year).
- 2013: Revenue of $141K, expenses of $151K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wichita Independent Neighborhoods Inc:
Data Sources and Methodology
This transparency report for Wichita Independent Neighborhoods Inc 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.