NTEE code U99 (Unknown) provides limited insight into specific programmatic focus.
Strengths
Consistent financial surpluses in recent years (e.g., $1,321,625 surplus in 2023).
Zero officer compensation reported across all filings, indicating high efficiency.
Growing asset base, reaching $2,831,125 in 2023.
Strong revenue generation, with latest revenue at $4,256,551.
Spending Breakdown
How Kentucky Dataseam Initiative Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Kentucky Dataseam Initiative Inc
Is Kentucky Dataseam Initiative Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kentucky Dataseam Initiative Inc (EIN: 201482655) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Kentucky Dataseam Initiative Inc a good charity to donate to?
Kentucky Dataseam Initiative Inc has a Mission Score of 90/100. Revenue: $4.3M. Assets: $4.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kentucky Dataseam Initiative Inc?
The Employer Identification Number (EIN) for Kentucky Dataseam Initiative Inc is 201482655. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Kentucky Dataseam Initiative Inc spend its money?
Kentucky Dataseam Initiative Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kentucky Dataseam Initiative Inc's tax-exempt status?
You can verify Kentucky Dataseam Initiative Inc's tax-exempt status using EIN 201482655 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Kentucky Dataseam Initiative Inc demonstrates a fluctuating but generally positive financial trajectory, particularly in recent years. In 2023, the organization reported revenue of $3,812,011 against expenses of $2,490,386, indicating a significant surplus. This trend of revenue exceeding expenses is also visible in 2022 ($1,828,749 revenue vs. $994,740 expenses). The organization's assets have also shown growth, reaching $2,831,125 in 2023, up from $1,510,302 in 2022.
The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. While specific program spending percentages are not provided in the raw data, the absence of officer compensation suggests a lean operational structure. The NTEE code U99 (Unknown) could potentially be a minor transparency concern, as it doesn't clearly define the organization's specific programmatic area, though this is often a default for newer or highly specialized organizations.
Overall, Kentucky Dataseam Initiative Inc appears to be in sound financial health, with a history of generating surpluses and growing its asset base. The lack of executive compensation is a significant positive for spending efficiency, and while the NTEE code is broad, the financial data points to responsible management of resources.