Wichita Educational Foundation is located in Wichita, KS. The organization was established in 1997. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wichita Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Wichita Educational Foundation generated $85.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $134.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
LONG-RANGE COMMUNITY AND WORKFORCE DEVELOPMENT INITIATIVES THAT MAKE THE WICHITA AREA COMPETITIVE FOR JOBS AND TALENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fred Berry Director | 1 | $0 | |
Martha Linsner President/director | 1 | $0 | |
Keith Stevens Secretary/treasurer | 1 | $0 | |
Barry Schwan Vice President/director | 1 | $0 | |
William Wood Director | 1 | $0 | |
Ellen Decker Secretary/treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $81,758 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4,075 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $85,833 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,728 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $130,718 |
Total expenses | $134,446 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $42,287 |
Other assets | $0 |
Total assets | $62,344 |
Total liabilities | $12,068 |
Net assets or fund balances | $50,276 |