Nonprofit · EIN 48-1032245
KANSAS WESLEYAN UNIVERSITY FOUNDATION
Tax-exempt (reinstated) · SALINA, KS 67401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,914,489 | $1,577,498 | $336,991 | $33,512,160 | $0 | $33,512,160 |
| June 30, 2024 | 990 | $2,041,643 | $1,181,319 | $860,324 | $29,729,096 | $205,256 | $29,523,840 |
| June 30, 2023 | 990 | $2,042,777 | $1,266,792 | $775,985 | $26,343,105 | $63,746 | $26,279,359 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $759,209
- Program service revenue
- $0
- Investment income
- $1,155,280
- Net gain from sales of assets
- $526,121
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,327,008
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $9,613
- Program services (functional)
- $1,333,217
- Management and general (functional)
- $244,281
Balance sheet and other
- Total assets, start of year
- $29,729,096
- Total assets, end of year
- $33,512,160
- Total liabilities, end of year
- $0
- Net assets, end of year
- $33,512,160
- Publicly traded securities
- $25,029,571
- Net assets with donor restrictions
- $33,512,160
- Gross receipts
- $5,828,898
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1986
- State of legal domicile
- KS
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR MATTHEW THOMPSON | PRESIDENT AND CEO, KWU Officer | 8 | $0 | $281,803 | $100,807 |
| KEN OLIVER | ADMINISTRATOR AND EVPA, KWU Officer | 10 | $0 | $220,137 | $28,151 |
| ANNETTA D FLAX | VP OF FINANCE & CFO, KWU (PART YEAR) Officer | 8 | $0 | $99,296 | $12,958 |
| CATHERINE DOUBRAVA | SECRETARY Officer | 10 | $0 | $50,220 | $5,663 |
| ROBERT MEYER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GUSTAF APPLEQUIST | VICE CHAIR Trustee or director, Officer | 3 | $0 | $0 | $0 |
| JANDREA BLUMANHOURST | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE BAUMBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID BRANDA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JENELL HULSE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| STEVE SCOFIELD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TIM AULT-DUELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STAN SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JUDY HOLMES | VP OF FINANCE & CFO, KWU Officer | 8 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Dr Matthew Thompson | President and CEO, KWU Officer | 8 | $0 | $260,582 | $98,663 |
| Ken Oliver | Administrator and EVPA, KWU Officer | 10 | $0 | $209,268 | $25,190 |
| Annetta D Flax | CFO, KWU Officer | 8 | $0 | $86,651 | $15,549 |
| Catherine Doubrava | Secretary Officer | 10 | $0 | $44,877 | $2,163 |
| Gustaf Applequist | Vice Chair Trustee or director, Officer | 3 | $0 | $0 | $0 |
| Robert Meyer | Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Annie Boswell | Director (part year) Trustee or director | 1 | $0 | $0 | $0 |
| David Branda | Director Trustee or director | 1 | $0 | $0 | $0 |
| Jandrea Blumanhourst | Director Trustee or director | 1 | $0 | $0 | $0 |
| Jenell Hulse | Director Trustee or director | 2 | $0 | $0 | $0 |
| Mike Baumberger | Director Trustee or director | 1 | $0 | $0 | $0 |
| Steve Scofield | Director Trustee or director | 1 | $0 | $0 | $0 |
| Tom Wilbur | Director (part year) Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR MATTHEW THOMPSON | PRESIDENT AND CEO, KWU Officer | 20 | $0 | $242,616 | $49,562 |
| KEN OLIVER | ADMINISTRATOR AND VPAA, KWU Officer | 10 | $0 | $193,238 | $37,892 |
| RHONDA BETHE | CFO, KWU Officer | 20 | $0 | $102,924 | $22,905 |
| ANNETTA D FLAX | CFO, KWU Officer | 20 | $0 | $62,611 | $12,262 |
| CATHERINE DOUBRAVA | SECRETARY Officer | 10 | $0 | $42,836 | $4,630 |
| ANNIE BOSWELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID BRANDA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GUSTAF APPLEQUIST | VICE CHAIR Trustee or director, Officer | 3 | $0 | $0 | $0 |
| MIKE BAUMBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT MEYER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| STEVE SCOFIELD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TOM WILBUR | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jandrea Blumanhourst | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 E CLAFLIN AVE, SALINA, KS 67401-6146
- In care of
- % ANNETTA FLAX
- Principal officer (990 for 2024)
- MATTHEW THOMPSON, 100 E CLAFLIN AVENUE, SALINA, KS 67401
- Signed the 990
- JUDY HOLMES, VP OF FINANCE & CFO
- Phone
- (785) 833-4335
- Website
- WWW.KWU.EDU
- Return prepared by
- CRI CAPIN CROUSE ADVISORS LLC
Mission
THE FOUNDATION IS ORGANIZED TO SECURE GIFTS OF MONEY OR PROPERTY IN EFFORTS OF ADVANCING EDUCATION AND/OR RESEARCH; THEREFORE, PROVIDING ASSISTANCE IN FURTHERING THE MISSION OF KANSAS WESLEYAN UNIVERSITY.
Program accomplishments
- THE FOUNDATION'S MISSION IS TO SECURE GIFTS OF MONEY OR PROPERTY TO ADVANCE THE EDUCATIONAL MISSION OF KANSAS WESLEYAN UNIVERSITY.Expenses $1,333,217 · grants $1,327,008
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 48-1032245
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $33,512,160
- Income (IRS master file)
- $5,828,898
Revocation and reinstatement
- Exemption revoked
- November 15, 2010
- Posted by the IRS
- July 13, 2011
- Reinstated
- Effective November 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,914,489 | $1,577,498 | $33,512,160 | IRS |
| 990 | June 2024 | $2,041,643 | $1,181,319 | $29,729,096 | IRS |
| 990 | June 2023 | $2,042,777 | $1,266,792 | $26,343,105 | XML |
| 990 | June 2022 | $3,211,499 | $1,686,119 | $23,691,090 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 48-1032245).
Questions about KANSAS WESLEYAN UNIVERSITY FOUNDATION
- What is the EIN of KANSAS WESLEYAN UNIVERSITY FOUNDATION?
- The employer identification number (EIN) of KANSAS WESLEYAN UNIVERSITY FOUNDATION is 48-1032245.
- Is KANSAS WESLEYAN UNIVERSITY FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective November 15, 2010.
- Are donations to KANSAS WESLEYAN UNIVERSITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does KANSAS WESLEYAN UNIVERSITY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KANSAS WESLEYAN UNIVERSITY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KANSAS WESLEYAN UNIVERSITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of KANSAS WESLEYAN UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 names MATTHEW THOMPSON.
- Who are the officers and directors of KANSAS WESLEYAN UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does KANSAS WESLEYAN UNIVERSITY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,914,489, expenses of $1,577,498 and total assets of $33,512,160 at year end.
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