Evergy INC FY2020 filing

Not tax-deductible

Kansas City, MOMutual-benefit / member-servingSince 1976EIN 39-2046767

The purpose of the trust is to provide medical, dental, prescription drug, vision, life and accidental death & dismemberment benefits to participants of the company.

Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $62K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Cash reserves
8 mo
of spending, in cash
Looks good: 7.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.2M
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.8M
Spent
$8.7M
Net assets
$84.0M
By yearFY2020–FY2024
Revenue
$12.8M
FY2020
Revenue by fiscal year
FY2020$12.8M
FY2021$13.1M
FY2022$10.0M
FY2023$8.3M
FY2024$7.5M
Expenses
$8.7M
FY2020
Expenses by fiscal year
FY2020$8.7M
FY2021$10.9M
FY2022$6.4M
FY2023$14.5M
FY2024$11.0M
Net assets
$84.0M
FY2020
Net assets by fiscal year
FY2020$84.0M
FY2021$82.2M
FY2022$73.0M
FY2023$71.8M
FY2024$70.2M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1977.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
BNY Mellon$22,958$28,830

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Evergy INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides health, dental, vision, and life insurance benefits to company participants.

Provided by the organization

This section is blank until Evergy INC claims this page.

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By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$12.8M
Ln 12
Investment incomeLn 3$7.2M
Fees for servicesLn 2g$5.6M
Money outPt IX
$8.7M
Ln 25
Owns and owesPt X
$84.0M
net assets · Ln 32
Cash and savingsLn 1–2$5.5M
Total assetsLn 16$85.2M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$5.6M
Investment incomeLn 3$7.2M
Gains on assetsLn 7$4.9M
Total revenueLn 12$12.8M
Assets in detailPt X, end of year
CashLn 1$23K
SavingsLn 2$5.5M
Cash and savings togetherLn 1–2$5.5M
InvestmentsLn 11–13$0
Other assetsLn 15$530K
Total assetsLn 16$85.2M
LiabilitiesLn 26$1.2M
Net assetsLn 32$84.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$5.4M$5.5M
InvestmentsLn 11–13$77.2M$0
Total assetsLn 16$83.7M$85.2M
LiabilitiesLn 26$3.2M$1.2M
Net assetsLn 32$80.5M$84.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$5.1M
Other expenses (24a–d)Ln 24$3.6M
Total functional expensesLn 25$8.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $7.5M$11.0M−$3.5M$70.2M 990 PDF
FY2023 $8.3M$14.5M−$6.2M$71.8M 990 PDF
FY2022 $10.0M$6.4M$3.7M$73.0M 990 PDF
FY2021 $13.1M$10.9M$2.2M$82.2M 990 PDF
FY2020 Viewing $12.8M$8.7M$4.1M$84.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $12,823,337 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,592,873$5,592,873
VIII-3 Investment incomeUnrelated business $2,333,537$2,333,537
VIII-7 Net gain or loss on sales of assetsUnrelated business $4,896,927$4,896,927
VIII-12 Total revenueRelated to mission $5,592,873 · Unrelated business $7,230,464 · Excluded from tax $0$12,823,337
Part IX · Statement of functional expenses $8,673,427 across 2 lines filed
IX-4 Benefits paid to or for members$5,073,179
IX-24 Other expenses (24a–d)$3,600,248
IX-25 Total functional expenses$8,673,427
Part X · Balance sheet $85,169,436 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $47,350$23,034
X-2 Savings and temporary cash investmentsStart of year $5,348,333$5,454,695
X-4 Accounts receivableStart of year $1,052,425$79,161,707
X-11 Publicly traded securitiesStart of year $77,183,765$0
X-15 Other assetsStart of year $55,838$530,000
X-16 Total assetsStart of year $83,687,711$85,169,436
X-17 Accounts payable and accrued expensesStart of year $2,887,962$1,197,782
X-25 Other liabilitiesStart of year $320,297$0
X-26 Total liabilitiesStart of year $3,208,259$1,197,782
X-32 Total net assets or fund balancesStart of year $80,479,452$83,971,654
X-33 Total liabilities and net assetsStart of year $83,687,711$85,169,436
Part XI · Reconciliation of net assets $83,971,654 net assets at year end
XI-1 Total revenue$12,823,337
XI-2 Total expenses$8,673,427
XI-3 Revenue less expenses$4,149,910
XI-4 Net assets at start of year$80,479,452
XI-5 Net unrealized gains (losses) on investments−$657,708
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$83,971,654

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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