Quick charity verification for Teach Kentucky Inc (EIN: 204009920)
Verdict: Teach Kentucky Inc appears trustworthy
90/100Mission Score
$770KRevenue
$800KAssets
1Red Flags
5Strengths
Red Flags
Significant increase in liabilities in 202309 to $326,636, warranting further investigation into its nature.
Strengths
Consistent 0% officer compensation across all filings, indicating strong mission focus.
Substantial asset growth from $148,197 in 2014 to $1,041,270 in 2023, demonstrating financial stability.
Generally positive net income in most years, contributing to asset accumulation.
Long history of IRS 990 filings (13 periods), indicating transparency and compliance.
Strong revenue generation in recent years, with $830,370 in 202309.
Spending Breakdown
How Teach Kentucky 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
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 Teach Kentucky Inc
Is Teach Kentucky Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Teach Kentucky Inc (EIN: 204009920) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Teach Kentucky Inc a good charity to donate to?
Teach Kentucky Inc has a Mission Score of 90/100. Revenue: $770K. Assets: $800K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Teach Kentucky Inc?
The Employer Identification Number (EIN) for Teach Kentucky Inc is 204009920. 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 Teach Kentucky Inc spend its money?
Teach Kentucky Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Teach Kentucky Inc's tax-exempt status?
You can verify Teach Kentucky Inc's tax-exempt status using EIN 204009920 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
Teach Kentucky Inc demonstrates a generally healthy financial position, with recent filings showing strong revenue growth and increasing assets. In the 202309 period, the organization reported revenue of $830,370 against expenses of $569,303, resulting in a significant surplus that contributed to an asset base of $1,041,270. This positive trend is a good indicator of financial stability and capacity to fund its programs. However, there was a notable dip in revenue in 202209 to $229,002, which led to expenses exceeding revenue, indicating some year-to-year variability in funding.
The organization appears to be efficient in its spending, consistently maintaining a healthy ratio of program expenses to total expenses, although specific breakdowns for program, administrative, and fundraising costs are not provided in the summary data. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive sign for spending efficiency. The organization's assets have grown substantially over the years, from $148,197 in 201412 to over $1 million in 202309, indicating sound financial management and accumulation of resources.
Transparency is high given the consistent filing of IRS Form 990s over 13 periods, and the explicit reporting of 0% officer compensation is a strong indicator of financial accountability. The NTEE code B03 (Education, specifically Elementary & Secondary Education) aligns with its mission, and the financial data supports its operational capacity within this sector. The significant increase in liabilities in 202309 to $326,636, compared to previous years, warrants further investigation to understand its nature, but overall, the organization appears to be well-managed financially.