Is Kentucky Real Estate Inspectors…

Quick charity verification for Kentucky Real Estate Inspectors Association Inc (EIN: 205530634)

Spending Breakdown

How Kentucky Real Estate Inspectors Association Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Real Estate Inspectors Association Inc

Is Kentucky Real Estate Inspectors Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Kentucky Real Estate Inspectors Association Inc (EIN: 205530634) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Kentucky Real Estate Inspectors Association Inc a good charity to donate to?

Kentucky Real Estate Inspectors Association Inc has a Mission Score of 65/100. Revenue: $72K. Assets: $27K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Kentucky Real Estate Inspectors Association Inc?

The Employer Identification Number (EIN) for Kentucky Real Estate Inspectors Association Inc is 205530634. 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 Real Estate Inspectors Association Inc spend its money?

Kentucky Real Estate Inspectors Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Kentucky Real Estate Inspectors Association Inc's tax-exempt status?

You can verify Kentucky Real Estate Inspectors Association Inc's tax-exempt status using EIN 205530634 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 Real Estate Inspectors Association Inc. (KREIA) appears to be a small professional association with fluctuating financial performance. In the latest period (202408), the organization reported revenue of $57,252 against expenses of $63,768, indicating a deficit. This follows a significant deficit in the prior period (202308) where expenses ($99,222) far outstripped revenue ($49,063). While the organization has no reported liabilities across all filings, its asset base has seen considerable swings, from a high of $71,061 in 202108 to a low of $7,588 in 201708, and currently stands at $12,297. The consistent reporting of 0% officer compensation suggests a volunteer-driven leadership, which is a positive for efficiency.

However, the consistent operational deficits in recent years (202408, 202308, 202008, 201708, 201608) raise concerns about long-term financial sustainability if revenue generation does not stabilize or increase. The organization's NTEE code S40 indicates it is a professional society, and its financial activities likely revolve around member services, advocacy, and education for real estate inspectors. Without detailed expense breakdowns, it's challenging to fully assess spending efficiency, but the lack of officer compensation is a strong indicator of low administrative overhead in that specific area.

Overall, KREIA demonstrates a commitment to transparency by filing its IRS 990s, and the absence of liabilities is a strength. However, the recent trend of spending exceeding revenue and the declining asset base warrant closer monitoring. The organization's financial health would benefit from a more consistent revenue stream or tighter expense management to ensure its continued operation and ability to serve its members.

Is Kentucky Real Estate Inspectors Association Inc Legit?

Verdict: Kentucky Real Estate Inspectors Association Inc shows mixed signals

Red Flags

Strengths