Zack And Leilah Farha Charitable Foundation Inc
Zack And Leilah Farha Charitable Foundation Inc experiences consistent net losses and significant asset depletion over the last decade.
EIN: 200151583 · Wichita, KS · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $77K |
| Total Expenses | $58K |
| Program Spending | 70% |
| Net Assets | $10K |
| Transparency Score | 45/100 |
Is Zack And Leilah Farha Charitable Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Zack And Leilah Farha Charitable Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Zack And Leilah Farha Charitable Foundation Inc
Zack And Leilah Farha Charitable Foundation Inc (EIN: 200151583) is a nonprofit organization based in Wichita, KS, classified under NTEE code T20. The organization reported total revenue of $77K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zack And Leilah Farha Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zack And Leilah Farha Charitable Foundation Inc is a micro nonprofit that has been operating for 23 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $58K |
| Surplus / Deficit | $-28,207 |
| Total Assets | $10K |
| Total Liabilities | $1 |
| Net Assets | $10K |
| Operating Margin | -94.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2021, Zack And Leilah Farha Charitable Foundation Inc reported a deficit of $28K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), Zack And Leilah Farha Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +830.2% | -14.4% | -73.0% |
| 2020 | -71.1% | +37.9% | -62.6% |
| 2019 | -90.4% | -38.5% | -72.7% |
| 2015 | +499.1% | +35.0% | +10.5% |
| 2014 | -77.8% | -8.7% | -10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Zack And Leilah Farha Charitable Foundation Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Zack And Leilah Farha Charitable Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a positive for minimizing administrative overhead.
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 Zack And Leilah Farha Charitable Foundation Inc's IRS 990 filings:
- Consistent net losses: Expenses frequently exceed revenue (e.g., $58,169 expenses vs. $29,962 revenue in 2021).
- Significant asset depletion: Assets declined from $403,951 in 2011 to $10,458 in 2021.
- Low revenue generation in recent years: Revenue has been very low in some periods, such as $3,221 in 2020.
Strengths
The following positive indicators were identified for Zack And Leilah Farha Charitable Foundation Inc:
- Zero officer compensation: No compensation reported for officers, indicating low administrative overhead in this area.
- Consistent IRS 990 filings: The organization has a history of filing its required IRS Form 990s, indicating compliance.
Frequently Asked Questions about Zack And Leilah Farha Charitable Foundation Inc
Is Zack And Leilah Farha Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Zack And Leilah Farha Charitable Foundation Inc (EIN: 200151583) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Zack And Leilah Farha Charitable Foundation Inc spend its money?
Zack And Leilah Farha Charitable Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Zack And Leilah Farha Charitable Foundation Inc tax-deductible?
Zack And Leilah Farha Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200151583). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Zack And Leilah Farha Charitable Foundation Inc's spending goes to programs?
Zack And Leilah Farha Charitable Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Zack And Leilah Farha Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Zack And Leilah Farha Charitable Foundation Inc is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Zack And Leilah Farha Charitable Foundation Inc located?
Zack And Leilah Farha Charitable Foundation Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 200151583. It is classified under NTEE code T20.
How many years of IRS 990 filings does Zack And Leilah Farha Charitable Foundation Inc have?
Zack And Leilah Farha Charitable Foundation Inc has 8 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 $77K in total revenue.
Is Zack And Leilah Farha Charitable Foundation Inc financially sustainable?
Based on the provided data, the organization's financial sustainability is questionable. Expenses have consistently exceeded revenue in most recent years (e.g., $58,169 expenses vs. $29,962 revenue in 2021), leading to a significant decline in assets from $403,951 in 2011 to $10,458 in 2021.
What is the primary cause of the asset decline?
The primary cause of the asset decline appears to be consistent deficit spending, where annual expenses have frequently outpaced annual revenues. For example, in 2020, revenue was $3,221 while expenses were $67,971, contributing to the reduction in assets.
How does the organization fund its operations given the revenue shortfalls?
Given the consistent revenue shortfalls compared to expenses, the organization appears to be funding its operations by drawing down its existing assets or endowment. This is evidenced by the substantial decrease in assets over the past decade.
Filing History
IRS 990 filing history for Zack And Leilah Farha Charitable Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Zack And Leilah Farha Charitable Foundation Inc's revenue has grown by 15.6%, moving from $26K to $30K. Total assets decreased by 97.4% over the same period, from $404K to $10K. Total functional expenses fell by 18.5%, from $71K to $58K. In its most recent filing year (2021), Zack And Leilah Farha Charitable Foundation Inc reported a deficit of $28K, with expenses exceeding revenue. The organization holds $1 in liabilities against $10K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $30K | $58K | $10K | $1 | — | — |
| 2020 | $3K | $68K | $39K | $1 | — | View 990 |
| 2019 | $11K | $49K | $103K | $1 | — | View 990 |
| 2015 | $116K | $80K | $379K | $1 | — | View 990 |
| 2014 | $19K | $59K | $343K | $1 | — | View 990 |
| 2013 | $87K | $65K | $383K | $1 | — | View 990 |
| 2012 | $16K | $59K | $361K | $1 | — | View 990 |
| 2011 | $26K | $71K | $404K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $30K, expenses of $58K, and assets of $10K (revenue +830.2% year-over-year).
- 2020: Revenue of $3K, expenses of $68K, and assets of $39K (revenue -71.1% year-over-year).
- 2019: Revenue of $11K, expenses of $49K, and assets of $103K (revenue -90.4% year-over-year).
- 2015: Revenue of $116K, expenses of $80K, and assets of $379K (revenue +499.1% year-over-year).
- 2014: Revenue of $19K, expenses of $59K, and assets of $343K (revenue -77.8% year-over-year).
- 2013: Revenue of $87K, expenses of $65K, and assets of $383K (revenue +458.8% year-over-year).
- 2012: Revenue of $16K, expenses of $59K, and assets of $361K (revenue -39.7% year-over-year).
- 2011: Revenue of $26K, expenses of $71K, and assets of $404K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zack And Leilah Farha Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Zack And Leilah Farha Charitable Foundation 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.