Appalachian Commerce & Development
EIN: 881910496 · Worthington, KY · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $287K |
| Total Expenses | $132K |
| Net Assets | $-59,501 |
Is Appalachian Commerce & Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Appalachian Commerce & Development
Appalachian Commerce & Development (EIN: 881910496) is a nonprofit organization based in Worthington, KY, classified under NTEE code S30. The organization reported total revenue of $287K and total assets of $168K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Appalachian Commerce & Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Appalachian Commerce & Development is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 73.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $132K |
| Surplus / Deficit | $-81,074 |
| Total Assets | $90K |
| Total Liabilities | $150K |
| Net Assets | $-59,501 |
| Operating Margin | -160.6% |
| Debt-to-Asset Ratio | 165.9% |
| Months of Reserves | 8.2 months |
Financial Health Grade: C
In 2023, Appalachian Commerce & Development reported a deficit of $81K with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position), has a debt-to-asset ratio of 165.9% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Appalachian Commerce & Development's revenue has grown at a compound annual growth rate (CAGR) of 73.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.4% | +1646.1% | +318.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Appalachian Commerce & Development 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 Appalachian Commerce & Development 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 deficit of $81K, with expenses exceeding revenue.
- Debt-to-asset ratio: 165.9%.
Frequently Asked Questions about Appalachian Commerce & Development
Is Appalachian Commerce & Development a legitimate charity?
Based on AI analysis of IRS 990 filings, Appalachian Commerce & Development (EIN: 881910496) insufficient data. 0 red flags identified, 0 strengths noted.
How does Appalachian Commerce & Development spend its money?
Detailed spending breakdown data is not yet available for Appalachian Commerce & Development. Check back for updated IRS 990 analysis.
Are donations to Appalachian Commerce & Development tax-deductible?
Appalachian Commerce & Development is registered as a tax-exempt nonprofit (EIN: 881910496). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Appalachian Commerce & Development located?
Appalachian Commerce & Development is headquartered in Worthington, Kentucky and files with the IRS under EIN 881910496. It is classified under NTEE code S30.
How many years of IRS 990 filings does Appalachian Commerce & Development have?
Appalachian Commerce & Development has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $287K in total revenue.
Filing History
IRS 990 filing history for Appalachian Commerce & Development showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Appalachian Commerce & Development's revenue has grown by 73.4%, moving from $29K to $50K. Total assets increased by 318.5% over the same period, from $22K to $90K. Total functional expenses rose by 1646.1%, from $8K to $132K. In its most recent filing year (2023), Appalachian Commerce & Development reported a deficit of $81K, with expenses exceeding revenue. The organization holds $150K in liabilities against $90K in assets (debt-to-asset ratio: 165.9%), resulting in net assets of $-59,501.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50K | $132K | $90K | $150K | — | — |
| 2022 | $29K | $8K | $22K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Appalachian Commerce & Development:
Data Sources and Methodology
This transparency report for Appalachian Commerce & Development 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.