Is Northern Kentucky Education Council Inc Legit?

Quick charity verification for Northern Kentucky Education Council Inc (EIN: 203105862)

Verdict: Northern Kentucky Education Council Inc appears trustworthy

85/100Mission Score
$1.1MRevenue
$416KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Northern Kentucky Education Council Inc. demonstrates consistent operational activity, with revenues fluctuating between approximately $250,000 and $580,000 over the past decade, and a latest reported revenue of $327,228. The organization generally operates with expenses closely aligned to or slightly exceeding revenue in several periods, such as in 202306 where expenses were $369,230 against $327,228 in revenue, indicating a tight financial margin. Assets have shown growth, reaching $122,989 in 202306, up from $17,392 in 201906, suggesting some accumulation of resources over time, though they remain modest relative to the organization's overall revenue. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. Spending efficiency appears reasonable given the consistent operational expenses relative to revenue. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation suggests a lean operational structure at the top. The organization's liabilities have generally been low, with the highest reported at $158,460 in 201606, but typically much lower, indicating responsible financial management and limited reliance on debt. The overall financial health appears stable, albeit with limited reserves, necessitating ongoing fundraising efforts to sustain operations. Transparency is a strong point for the Northern Kentucky Education Council Inc., primarily due to the consistent reporting of zero officer compensation. This practice, coupled with a regular filing history, provides a clear picture of how the organization manages its leadership costs. The detailed financial data available through their 990 filings allows for a thorough review of their financial activities, reinforcing their commitment to public accountability.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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