WICHITA FOUNDATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

SHELLY PRICHARD

Phone

3162644880

Tax Period

2024-07-01 to 2025-06-30

WICHITA FOUNDATION, founded in 1986, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $12.4M in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.2M, a strong 26% operating margin.

Mission

THE WICHITA FOUNDATION INVESTS IN PEOPLE AND IDEAS TO SPARK CHANGE, AND ENVISIONS A PLACE WHERE ALL WICHITANS THRIVE AND BELONG. AS COMMUNITY CONVENERS, THE FOUNDATION LEADS WITH COURAGE, GROWS EQUITABLE RELATIONSHIPS, IGNITES PHILANTHROPY AND BELIEVES IN WICHITA. FOR MORE INFORMATION, VISIT WICHITAFOUNDATION.ORG OR CALL 316-264-4880.

Program Service Accomplishments

Program 1

Expenses: $7,931,436

THE WICHITA FOUNDATION IS A TAX-EXEMPT, PLACE-BASED COMMUNITY FOUNDATION ADVANCING THE LONG-TERM VITALITY AND UPWARD MOBILITY OF THE WICHITA REGION. THROUGH NEARLY 300 CHARITABLE FUNDS AND THE FUND FOR WICHITA, OUR UNRESTRICTED COMMUNITY RESOURCE, WE BRING TOGETHER PHILANTHROPISTS, DOLLARS, AND IDEAS TO EXPAND OPPORTUNITY AND STRENGTHEN COMMUNITY SYSTEMS. KEY INITIATIVES INCLUDE PRESS FORWARD WICHITA, WHICH STRENGTHENS LOCAL JOURNALISM AND ACCESS TO TRUSTED INFORMATION, AND NONPROFIT ELEVATION, WHICH INVESTS IN NONPROFIT CAPACITY, LEADERSHIP, AND SUSTAINABILITY TO SUPPORT COMMUNITY WELL-BEING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,219,474

Program Service Revenue $0

Investment Income $5,854,083

Other Revenue $278,278

TOTAL REVENUE $12,351,835

Expense Breakdown

Grants Paid $7,215,186

Salaries & Benefits $1,149,536

Fundraising Expenses $642,825

Program Expenses $7,931,436

Other Expenses $793,559

TOTAL EXPENSES $9,158,281

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,351,835	$8,004,919	+0.5%
Expenses	$9,158,281	$9,578,805	0.0%
Net Income	$3,193,554	$-1,573,886	-3.0%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$430,374

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY WILLIAMS	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
CINDY MCSWAIN	CHAIR ELECT	1.00	Officer Director	$0	$0	$0
MIKE RAMSEY	TREASURER	1.00	Officer Director	$0	$0	$0
LASHONDA GARNES	SECRETARY	1.00	Officer Director	$0	$0	$0
DEBBIE GANN	PAST CHAIR	1.00	Officer Director	$0	$0	$0
ANTOINE AGNEW	BOARD MEMBER	1.00	Director	$0	$0	$0
TAMMY ALLEN	BOARD MEMBER	1.00	Director	$0	$0	$0
BREE COX	BOARD MEMBER	1.00	Director	$0	$0	$0
MARGARET DECHANT	BOARD MEMBER	1.00	Director	$0	$0	$0
PAT GEARHART	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHANIE HARDER	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER HILL	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL LAVENDER	BOARD MEMBER	1.00	Director	$0	$0	$0
TERESA LOVELADY	BOARD MEMBER	1.00	Director	$0	$0	$0
RONN MCMAHON	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES NASTARS	BOARD MEMBER	1.00	Director	$0	$0	$0
PAMELA SWEDLUND	BOARD MEMBER	1.00	Director	$0	$0	$0
SHELLY PRICHARD	PRESIDENT & CEO	40.00	Officer	$240,136	$51,287	$291,423
COURTNEY BENGTSON	CHIEF STRATEGY OFFICER	40.00	Officer	$131,981	$6,970	$138,951

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$12,351,835	$9,158,281	$112,154,248	$3,193,554
2024	$8,004,919	$9,578,805	$106,224,025	$-1,573,886
2023	$10,248,362	$7,534,035	$102,240,100	$2,714,327
2022	$13,064,414	$7,205,725	$95,625,869	$5,858,689
2021	$9,971,569	$6,776,376	$105,813,749	$3,195,193
2020	$9,425,153	$7,434,276	$87,206,605	$1,990,877
2019	$12,221,170	$5,634,638	$87,158,416	$6,586,532
2018	$17,410,632	$5,446,431	$79,773,789	$11,964,201