Kansas City Smartport Inc

Nonprofit profile at a glance

EIN
431931431
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Kansas City, MO, USA
Phone
8163745680
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$994,697
Expenses
$1,005,999
Assets
$391,907
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • CHRIS GUTIERREZ (PRESIDENT)

People named in this filing

  • MIKE BELL (BOARD MEMBER)
  • TIM COWDEN (BOARD MEMBER)
  • GRANT HARRISON (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kc smartport is a non-profit economic development organization that works to attract freight-based companies, such as manufacturing, distribution and warehouses, to the 18 county, bi-state Kansas city region.

What it reported doing in 2024

The smartport team had a great year. The smartport team recruited 15 new industrial operations to the region. The pipeline saw a renewed diversity of project-type and industry, including a more balanced mix of manufacturing verses distribution supporting the battery supply chain, cold storage, defense, home improvement, alternative energy, e-commerce and logistics industries. Proactive pursuit of foreign direct investment opportunity continued with the team visting italy, germany, mexico, and canada in 2024, setting us up well for an aggressive international outreach strategy in 2025. The smartport team remained engaged with these projects through our relationships with the industrial brokerage community and the site selection consultants. Our marketing and product development efforts allowed the kc region to stay top of the list for these projects with kc being recognized as one of the top industrial construction markets in the u.s. Kc smartport is focusing on increasing community wealth through payroll creation and capital investment by attracting new employers to the Kansas city, Missouri metro area. The organization participated in attracting freight-based projects to the kc region in 2024 creating 108.35 million in payroll and 1.852 billion in new capital investments. Among the projects, see attached list, is google project that selected Kansas city Missouri for their new data center campus that is a capital investment of 1 billion and expects to create 100 operational jobs and 1,200 construction jobs. Of additional note is the general mills 729k square foot distribution center in olathe Kansas and central power systems move into a 748k square foot facility in platte city Missouri. Those details are in the attached report.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 90
  • Accountability: 94
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.1%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 36.6% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 8.5% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 31 of 31 board members independent · 6 of 7 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.