Allen County Scottsville Industrial Development Authority Inc
EIN: 462349086 · Scottsville, KY · NTEE: S99
| Metric | Value |
|---|---|
| Total Revenue | $905K |
| Total Expenses | $499K |
| Net Assets | $5.3M |
Is Allen County Scottsville Industrial Development Authority Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Allen County Scottsville Industrial Development Authority Inc
Allen County Scottsville Industrial Development Authority Inc (EIN: 462349086) is a nonprofit organization based in Scottsville, KY, classified under NTEE code S99. The organization reported total revenue of $905K and total assets of $7.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allen County Scottsville Industrial Development Authority Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Allen County Scottsville Industrial Development Authority Inc is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 22.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $499K |
| Surplus / Deficit | +$1.4M |
| Total Assets | $7.0M |
| Total Liabilities | $1.7M |
| Net Assets | $5.3M |
| Operating Margin | 74.1% |
| Debt-to-Asset Ratio | 23.8% |
| Months of Reserves | 168.2 months |
Financial Health Grade: A
In 2023, Allen County Scottsville Industrial Development Authority Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 168.2 months of operating reserves (strong position), has a debt-to-asset ratio of 23.8% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), Allen County Scottsville Industrial Development Authority Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.7% | +5.2% | -51.6% |
| 2022 | -14.5% | +6.4% | +2.2% |
| 2021 | +1.8% | +1.4% | +1.5% |
| 2020 | +246.3% | +66.6% | +71.0% |
| 2019 | +24.1% | +20.3% | +82.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Allen County Scottsville Industrial Development Authority Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Allen County Scottsville Industrial Development Authority Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.8%.
Frequently Asked Questions about Allen County Scottsville Industrial Development Authority Inc
Is Allen County Scottsville Industrial Development Authority Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Allen County Scottsville Industrial Development Authority Inc (EIN: 462349086) insufficient data. 0 red flags identified, 0 strengths noted.
How does Allen County Scottsville Industrial Development Authority Inc spend its money?
Detailed spending breakdown data is not yet available for Allen County Scottsville Industrial Development Authority Inc. Check back for updated IRS 990 analysis.
Are donations to Allen County Scottsville Industrial Development Authority Inc tax-deductible?
Allen County Scottsville Industrial Development Authority Inc is registered as a tax-exempt nonprofit (EIN: 462349086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Allen County Scottsville Industrial Development Authority Inc located?
Allen County Scottsville Industrial Development Authority Inc is headquartered in Scottsville, Kentucky and files with the IRS under EIN 462349086. It is classified under NTEE code S99.
How many years of IRS 990 filings does Allen County Scottsville Industrial Development Authority Inc have?
Allen County Scottsville Industrial Development Authority Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $905K in total revenue.
Filing History
IRS 990 filing history for Allen County Scottsville Industrial Development Authority Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Allen County Scottsville Industrial Development Authority Inc's revenue has grown by 523.2%, moving from $310K to $1.9M. Total assets increased by 151.3% over the same period, from $2.8M to $7.0M. Total functional expenses rose by 105.1%, from $244K to $499K. In its most recent filing year (2023), Allen County Scottsville Industrial Development Authority Inc reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $7.0M in assets (debt-to-asset ratio: 23.8%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $499K | $7.0M | $1.7M | — | View 990 |
| 2022 | $1.1M | $475K | $14.5M | $10.6M | — | View 990 |
| 2021 | $1.3M | $446K | $14.2M | $10.8M | — | — |
| 2020 | $1.2M | $440K | $13.9M | $11.4M | — | View 990 |
| 2019 | $357K | $264K | $8.2M | $6.5M | — | View 990 |
| 2018 | $287K | $219K | $4.5M | $2.9M | — | View 990 |
| 2017 | $340K | $209K | $3.7M | $2.2M | — | View 990 |
| 2016 | $417K | $281K | $4.0M | $2.6M | — | View 990 |
| 2015 | $724K | $314K | $4.4M | $3.1M | — | View 990 |
| 2014 | $310K | $244K | $2.8M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $499K, and assets of $7.0M (revenue +79.7% year-over-year).
- 2022: Revenue of $1.1M, expenses of $475K, and assets of $14.5M (revenue -14.5% year-over-year).
- 2021: Revenue of $1.3M, expenses of $446K, and assets of $14.2M (revenue +1.8% year-over-year).
- 2020: Revenue of $1.2M, expenses of $440K, and assets of $13.9M (revenue +246.3% year-over-year).
- 2019: Revenue of $357K, expenses of $264K, and assets of $8.2M (revenue +24.1% year-over-year).
- 2018: Revenue of $287K, expenses of $219K, and assets of $4.5M (revenue -15.4% year-over-year).
- 2017: Revenue of $340K, expenses of $209K, and assets of $3.7M (revenue -18.6% year-over-year).
- 2016: Revenue of $417K, expenses of $281K, and assets of $4.0M (revenue -42.4% year-over-year).
- 2015: Revenue of $724K, expenses of $314K, and assets of $4.4M (revenue +133.7% year-over-year).
- 2014: Revenue of $310K, expenses of $244K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Allen County Scottsville Industrial Development Authority Inc:
Data Sources and Methodology
This transparency report for Allen County Scottsville Industrial Development Authority Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.