Is Simmons College Of Kentucky Inc Legit?

Quick charity verification for Simmons College Of Kentucky Inc (EIN: 205289168)

Verdict: Simmons College Of Kentucky Inc appears trustworthy

92/100Mission Score
$17.5MRevenue
$22.1MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Simmons College Of Kentucky Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Simmons College Of Kentucky Inc

Is Simmons College Of Kentucky Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Simmons College Of Kentucky Inc (EIN: 205289168) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is Simmons College Of Kentucky Inc a good charity to donate to?

Simmons College Of Kentucky Inc has a Mission Score of 92/100. Revenue: $17.5M. Assets: $22.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Simmons College Of Kentucky Inc?

The Employer Identification Number (EIN) for Simmons College Of Kentucky Inc is 205289168. 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 Simmons College Of Kentucky Inc spend its money?

Simmons College Of Kentucky Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Simmons College Of Kentucky Inc's tax-exempt status?

You can verify Simmons College Of Kentucky Inc's tax-exempt status using EIN 205289168 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

Simmons College Of Kentucky Inc demonstrates a generally positive financial trajectory, with significant revenue growth from $8.27 million in 2021 to $17.46 million in the latest period. This growth is accompanied by a substantial increase in assets, from $11.11 million in 2021 to $22.13 million currently, indicating expanding capacity. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial transparency and a commitment to directing resources towards its mission rather than executive salaries. While the latest filing shows expenses of $12.54 million against revenues of $12.14 million (for the 202306 period), indicating a slight operational deficit for that specific year, the overall trend of asset growth and revenue expansion suggests a healthy and growing institution. The absence of reported officer compensation is a notable strength in terms of transparency and resource allocation.

View Full Transparency Report →

Disclaimer

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

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