Wichita Indochinese Center Inc
EIN: 481161016 · Wichita, KS · NTEE: B99Z
| Metric | Value |
|---|---|
| Total Revenue | $292K |
| Total Expenses | $241K |
| Net Assets | $54K |
Is Wichita Indochinese Center 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 Indochinese Center Inc
Wichita Indochinese Center Inc (EIN: 481161016) is a nonprofit organization based in Wichita, KS, classified under NTEE code B99Z. The organization reported total revenue of $292K and total assets of $62K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wichita Indochinese Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wichita Indochinese Center Inc is a small nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $292K |
| Total Expenses | $241K |
| Surplus / Deficit | +$51K |
| Total Assets | $62K |
| Total Liabilities | $8K |
| Net Assets | $54K |
| Operating Margin | 17.5% |
| Debt-to-Asset Ratio | 13.6% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Wichita Indochinese Center Inc reported a surplus of $51K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 13.6% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Wichita Indochinese Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.4% | +21.5% | +522.2% |
| 2022 | -9.7% | -6.0% | -60.3% |
| 2021 | -19.6% | -17.5% | -24.7% |
| 2020 | +8.9% | +15.5% | -8.0% |
| 2019 | +3.8% | +7.2% | +47.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wichita Indochinese Center 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 Indochinese Center 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 $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.6%.
Frequently Asked Questions about Wichita Indochinese Center Inc
Is Wichita Indochinese Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wichita Indochinese Center Inc (EIN: 481161016) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wichita Indochinese Center Inc spend its money?
Detailed spending breakdown data is not yet available for Wichita Indochinese Center Inc. Check back for updated IRS 990 analysis.
Are donations to Wichita Indochinese Center Inc tax-deductible?
Wichita Indochinese Center Inc is registered as a tax-exempt nonprofit (EIN: 481161016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wichita Indochinese Center Inc located?
Wichita Indochinese Center Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 481161016. It is classified under NTEE code B99Z.
How many years of IRS 990 filings does Wichita Indochinese Center Inc have?
Wichita Indochinese Center Inc has 14 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 $292K in total revenue.
Filing History
IRS 990 filing history for Wichita Indochinese Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Wichita Indochinese Center Inc's revenue has declined by 19.8%, moving from $364K to $292K. Total assets decreased by 80.8% over the same period, from $324K to $62K. Total functional expenses fell by 23.2%, from $313K to $241K. In its most recent filing year (2023), Wichita Indochinese Center Inc reported a surplus of $51K, with revenue exceeding expenses. The organization holds $8K in liabilities against $62K in assets (debt-to-asset ratio: 13.6%), resulting in net assets of $54K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $292K | $241K | $62K | $8K | — | — |
| 2022 | $183K | $198K | $10K | $7K | — | View 990 |
| 2021 | $202K | $211K | $25K | $7K | — | View 990 |
| 2020 | $252K | $255K | $33K | $7K | — | View 990 |
| 2019 | $231K | $221K | $36K | $7K | — | View 990 |
| 2018 | $223K | $206K | $25K | $5K | — | View 990 |
| 2017 | $206K | $205K | $15K | $12K | — | View 990 |
| 2016 | $216K | $259K | $318K | $199K | — | View 990 |
| 2015 | $263K | $228K | $144K | $39K | — | View 990 |
| 2014 | $201K | $246K | $20K | $3K | — | View 990 |
| 2013 | $259K | $256K | $110K | $104K | — | View 990 |
| 2012 | $208K | $276K | $125K | $112K | — | View 990 |
| 2011 | $237K | $252K | $248K | $180K | — | View 990 |
| 2010 | $364K | $313K | $324K | $136K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $292K, expenses of $241K, and assets of $62K (revenue +59.4% year-over-year).
- 2022: Revenue of $183K, expenses of $198K, and assets of $10K (revenue -9.7% year-over-year).
- 2021: Revenue of $202K, expenses of $211K, and assets of $25K (revenue -19.6% year-over-year).
- 2020: Revenue of $252K, expenses of $255K, and assets of $33K (revenue +8.9% year-over-year).
- 2019: Revenue of $231K, expenses of $221K, and assets of $36K (revenue +3.8% year-over-year).
- 2018: Revenue of $223K, expenses of $206K, and assets of $25K (revenue +8.3% year-over-year).
- 2017: Revenue of $206K, expenses of $205K, and assets of $15K (revenue -4.7% year-over-year).
- 2016: Revenue of $216K, expenses of $259K, and assets of $318K (revenue -18.1% year-over-year).
- 2015: Revenue of $263K, expenses of $228K, and assets of $144K (revenue +30.8% year-over-year).
- 2014: Revenue of $201K, expenses of $246K, and assets of $20K (revenue -22.4% year-over-year).
- 2013: Revenue of $259K, expenses of $256K, and assets of $110K (revenue +25.1% year-over-year).
- 2012: Revenue of $208K, expenses of $276K, and assets of $125K (revenue -12.4% year-over-year).
- 2011: Revenue of $237K, expenses of $252K, and assets of $248K (revenue -34.8% year-over-year).
- 2010: Revenue of $364K, expenses of $313K, and assets of $324K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wichita Indochinese Center Inc:
Data Sources and Methodology
This transparency report for Wichita Indochinese Center 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.