The Irven E And Nevada P Linscomb Foundation
THE MISSION OF THE LINSCOMB FOUNDATION IS TO SUPPORT THE LIVES OF CHILDREN (DEFINED AS AGES BIRTH TO 18) WHO THROUGH NO FAULT OF THEIR OWN CANNOT HELP THEMSELVES.
IRS Tax Year 2024
Period ending December 31, 2024
Total Revenue
$1.9M
Total Expenses
$1.5M
Net Assets
$32.1M
Employees
0
Volunteers
10
Grants Paid
$1.3M
Program Expense Ratio
88.7%
This nonprofit profile presents IRS Form 990 tax filing data for The Irven E And Nevada P Linscomb Foundation (EIN: 43-1499815), based on the 2024 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, top independent contractors, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
The Irven E And Nevada P Linscomb Foundation is a 501(c)(3) nonprofit headquartered in Kansas City, MO, founded in 1989. It is classified under NTEE code T20 (Private Grantmaking Foundations), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2014. In its 2024 filing, the organization reported $1.9M in total revenue, a 25.0% increase from the prior year, and $1.5M in total expenses. The organization engaged 10 volunteers. The organization runs 1 program, totaling $1.4M in program expenses. 4 of 6 recommended governance policies are in place.
The Irven E And Nevada P Linscomb Foundation is classified under NTEE code T20 (Private Grantmaking Foundations), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 21.
Programs(Tax Year 2024)
1 record
The Irven E And Nevada P Linscomb Foundation operates 1 program, with total program expenses of $1.4M. The Irven E And Nevada P Linscomb Foundation's largest program accounts for 100% of total program spending.
THE IRVEN E AND NEVADA P LINSCOMB FOUNDATION PROVIDED SUPPORT TO THE GREATER KANSAS CITY COMMUNITY FOUNDATION FOR ITS SUPPORT OF ORGANIZATIONS SERVING CHILDREN IN CLAY AND PLATTE COUNTIES IN MISSOURI.
Financial Overview(Tax Years 2019–2024)
6 records
Over the past 6 years, The Irven E And Nevada P Linscomb Foundation's revenue has grown from $1.1M to $1.9M, a 77.4% increase. Program expenses represent 89% of total spending.
Revenue increased 25.0% year-over-year, while expenses grew 59.4%. net assets rose to $32.1M, up 7.2% from the prior year.
The Irven E And Nevada P Linscomb Foundation derives 74% from investment income.
The Irven E And Nevada P Linscomb Foundation allocates 89% to programs, 11% to management and general.
Expenses grew by 59.4%, outpacing revenue growth of 25.0% — a trend to watch if it continues.
The Irven E And Nevada P Linscomb Foundation distributed $1.3M in grants to other organizations and individuals, representing 85% of total expenses.
Over 6 filings from 2019–2024, The Irven E And Nevada P Linscomb Foundation grew revenue from $1.1M to $1.9M (+77.4%) while maintaining a program expense ratio of 89%.
The Irven E And Nevada P Linscomb Foundation holds $32.2M in total assets against $100K in liabilities (debt-to-asset ratio of 0%). The organization has 251.7 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2024 | $1.9M | $0 | $0 | $0 | $1.4M |
| 2023 | $1.6M | $0 | $0 | $0 | $950K |
| 2022 | $1.8M | $0 | $0 | $0 | $1.0M |
| 2021 | $2.9M | $0 | $0 | $0 | $2.3M |
| 2020 | $1.1M | $0 | $0 | $0 | $304K |
| 2019 | $1.1M | $0 | $0 | $0 | $406K |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2024 | $1.5M | $1.4M | $174K | $0 | $1.3M |
| 2023 | $960K | $793K | $60K | $0 | $733K |
| 2022 | $1.4M | $1.3M | $160K | $0 | $1.2M |
| 2021 | $1.5M | $1.2M | $219K | $0 | $1.2M |
| 2020 | $1.3M | $1.1M | $128K | $0 | $1.1M |
| 2019 | $1.3M | $1.1M | $157K | $0 | $1.1M |
Program Expense Ratio
88.7%
Admin Expense Ratio
11.3%
Fundraising Efficiency
—
Operating Reserve
251.7 mo
People & Compensation(Tax Year 2024)
10 records
The Irven E And Nevada P Linscomb Foundation reported compensation for 10 officers and key employees.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| GWEN ROYLE | DIRECTOR | Director | 1.00 | $0 | $0 | $0 |
| JOE JAMES | DIRECTOR | Director | 1.00 | $0 | $0 | $0 |
| Michelle Jarvis | DIRECTOR | Director | 1.00 | $0 | $0 | $0 |
| ANITA GORMAN | DIRECTOR/VP/ASST SECRETARY | OfficerDirector | 1.00 | $0 | $0 | $0 |
| DAVID P MILES | DIRECTOR/PRESIDENT | OfficerDirector | 1.00 | $0 | $0 | $0 |
| JEROME E BRANT | DIRECTOR/VP/SECRETARY | OfficerDirector | 1.00 | $0 | $0 | $0 |
| JULIANNA A ZIMMER | DIRECTOR/VP/ASST SEC & TREASUR | OfficerDirector | 1.00 | $0 | $0 | $0 |
| ALBERT W ZIMMER III | DIRECTOR | Director | 1.00 | $0 | $0 | $0 |
| BRUCE CRAMER | DIRECTOR | Director | 1.00 | $0 | $0 | $0 |
| DAVID J ZIMMER | DIRECTOR/TREASURER | OfficerDirector | 1.00 | $0 | $0 | $0 |
Top Contractors(Tax Year 2024)
1 record
The Irven E And Nevada P Linscomb Foundation reported 1 contractor receiving over $100,000, with total contractor payments of $116K.
| Name | Service | Compensation |
|---|---|---|
| MIDWEST TRUST | INVESTMENT SERVICES | $115,600 |
Governance & Compliance(Tax Year 2024)
The Irven E And Nevada P Linscomb Foundation has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 10 members, 8 of whom are independent.
The Irven E And Nevada P Linscomb Foundation's financial statements are audited, an audit committee oversees the process.
The Irven E And Nevada P Linscomb Foundation has family or business relationships among officers, directors, or key employees.
Policies & Oversight
Audit & Financial Oversight
Insider Transactions(Tax Year 2024)
1 record
Unknown person
Grants Awarded(Tax Year 2024)
1 record
The Irven E And Nevada P Linscomb Foundation awarded $1.3M across 1 grant to organizations. Top recipients include THE GREATER KANSAS CITY COMMUNITY FOUNDATION (Kansas City, MO) — $1.3M for general support.
Organization Grants
| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| THE GREATER KANSAS CITY COMMUNITY FOUNDATION431152398 | Kansas City, MO | $1.3M | General Support |
Filing History(Tax Years 2014–2024)
6 records
Showing the 6 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2024 | 990 | 2024-01-01 – 2024-12-31 | $1.9M | $1.5M | $32.1M |
| 2023 | 990 | 2023-01-01 – 2023-12-31 | $1.6M | $960K | $29.9M |
| 2022 | 990 | 2022-01-01 – 2022-12-31 | $1.8M | $1.4M | $27.3M |
| 2021 | 990 | 2021-01-01 – 2021-12-31 | $2.9M | $1.5M | $30.8M |
| 2020 | 990 | 2020-01-01 – 2020-12-31 | $1.1M | $1.3M | $28.2M |
| 2019 | 990 | 2019-01-01 – 2019-12-31 | $1.1M | $1.3M | $26.4M |
| 2014–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does The Irven E And Nevada P Linscomb Foundation do?
THE MISSION OF THE LINSCOMB FOUNDATION IS TO SUPPORT THE LIVES OF CHILDREN (DEFINED AS AGES BIRTH TO 18) WHO THROUGH NO FAULT OF THEIR OWN CANNOT HELP THEMSELVES.
How much revenue does The Irven E And Nevada P Linscomb Foundation have?
The Irven E And Nevada P Linscomb Foundation reported $1,948,827 in total revenue for tax year 2024, up 25.0% from the prior year.
Who is the highest-paid executive at The Irven E And Nevada P Linscomb Foundation?
GWEN ROYLE, DIRECTOR, received $0 in total compensation as of tax year 2024.
Is The Irven E And Nevada P Linscomb Foundation a 501(c)(3)?
Yes, The Irven E And Nevada P Linscomb Foundation is classified as a 501(c)(3) tax-exempt organization.
Where is The Irven E And Nevada P Linscomb Foundation located?
The Irven E And Nevada P Linscomb Foundation is headquartered in Kansas City, MO 64105.
What type of nonprofit is The Irven E And Nevada P Linscomb Foundation?
The Irven E And Nevada P Linscomb Foundation is classified under NTEE code T20 (Private Grantmaking Foundations), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.
Is The Irven E And Nevada P Linscomb Foundation audited?
Yes, The Irven E And Nevada P Linscomb Foundation's financial statements are audited, and the organization has an audit committee.
Does The Irven E And Nevada P Linscomb Foundation give grants?
Yes, The Irven E And Nevada P Linscomb Foundation distributed $1,297,000 in grants to other organizations and individuals in tax year 2024. Top recipients include THE GREATER KANSAS CITY COMMUNITY FOUNDATION.
Data Source
Prepared by: Forvis Mazars LLP, Kansas City, MO
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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