Relatively low asset base compared to annual expenses, indicating limited reserves
Strengths
Consistent IRS 990 filing history (13 filings)
No reported officer compensation across all filings, indicating efficient executive spending
Stable revenue stream over the past decade, generally between $200k-$400k
Spending Breakdown
How Kentucky Equine Education Alliance Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Equine Education Alliance Inc
Is Kentucky Equine Education Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kentucky Equine Education Alliance Inc (EIN: 201089220) appears trustworthy. Mission Score: 78/100. 2 red flags identified, 3 strengths noted.
Is Kentucky Equine Education Alliance Inc a good charity to donate to?
Kentucky Equine Education Alliance Inc has a Mission Score of 78/100. Revenue: $301K. Assets: $31K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kentucky Equine Education Alliance Inc?
The Employer Identification Number (EIN) for Kentucky Equine Education Alliance Inc is 201089220. 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 Equine Education Alliance Inc spend its money?
Kentucky Equine Education Alliance Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kentucky Equine Education Alliance Inc's tax-exempt status?
You can verify Kentucky Equine Education Alliance Inc's tax-exempt status using EIN 201089220 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
The Kentucky Equine Education Alliance Inc. demonstrates consistent operational activity with annual revenues generally ranging between $200,000 and $400,000 over the past decade. The organization's financial health appears stable, though it has frequently operated with expenses exceeding revenue in recent years, such as in 2023 where expenses were $272,960 against revenues of $255,032. This trend of deficit spending, while not extreme, suggests a need for careful financial management to maintain long-term sustainability, especially given its relatively low asset base of $37,932 in 2023.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all available filings is a strong indicator of efficient use of funds at the executive level, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation. This practice can free up more resources for programmatic activities.
Transparency is generally good, with a long history of 13 IRS 990 filings indicating regular reporting. The absence of officer compensation is a transparent disclosure. However, without more granular expense data, a complete picture of how funds are allocated between programs, administration, and fundraising remains somewhat opaque. The organization's relatively small asset base and occasional liabilities suggest a lean operational model.