Baptist Physicians Lexington Inc
Baptist Physicians Lexington Inc. reports zero revenue and assets in its latest filing after years of significant operating deficits.
EIN: 205494939 · Louisville, KY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $30.7M |
| Transparency Score | 10/100 |
Is Baptist Physicians Lexington Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Baptist Physicians Lexington Inc
Baptist Physicians Lexington Inc (EIN: 205494939) is a nonprofit organization based in Louisville, KY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baptist Physicians Lexington Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Baptist Physicians Lexington Inc is a large nonprofit, with 5 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -13.0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $20.7M |
| Total Expenses | $30.7M |
| Surplus / Deficit | $-10,008,106 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -48.4% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2014, Baptist Physicians Lexington Inc reported a deficit of $10.0M with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2011–2014), Baptist Physicians Lexington Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -63.7% | -66.2% | -100.0% |
| 2014 | +10.5% | +10.3% | -10.6% |
| 2013 | +17.9% | +16.6% | +23.8% |
| 2012 | +39.1% | +43.9% | +19.0% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Baptist Physicians Lexington Inc with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Baptist Physicians Lexington Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10.0M, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation was reported as 0% across all available filings, indicating no salaries were paid to officers, which is unusual for an organization of its former size but consistent with its current reported status of zero revenue and assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Baptist Physicians Lexington Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential cessation of operations.
- Consistent and significant operating deficits across multiple years (e.g., $33.7M deficit in 201408, $29.0M deficit in 201308).
- Liabilities consistently reported, even with declining assets, suggesting potential insolvency.
Frequently Asked Questions about Baptist Physicians Lexington Inc
Is Baptist Physicians Lexington Inc a legitimate charity?
Baptist Physicians Lexington Inc (EIN: 205494939) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 10/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. Financial health grade: C.
How does Baptist Physicians Lexington Inc spend its money?
Baptist Physicians Lexington Inc reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Baptist Physicians Lexington Inc tax-deductible?
Baptist Physicians Lexington Inc is registered as a tax-exempt nonprofit (EIN: 205494939). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Baptist Physicians Lexington Inc located?
Baptist Physicians Lexington Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 205494939.
How many years of IRS 990 filings does Baptist Physicians Lexington Inc have?
Baptist Physicians Lexington Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Baptist Physicians Lexington Inc. still operational?
The latest IRS 990 filing showing $0 in revenue and assets strongly suggests the organization may no longer be operational or has undergone a significant restructuring.
What caused the significant drop to zero revenue and assets?
The provided data does not specify the reason for the sudden cessation of revenue and assets, but it indicates a major financial event or closure.
How did the organization manage to operate with such large deficits in previous years?
The consistent and substantial operating deficits (e.g., $10 million in 201412, $33 million in 201408) suggest the organization was either drawing down reserves, receiving significant non-revenue funding not captured, or facing severe financial challenges that ultimately led to its current state.
Filing History
IRS 990 filing history for Baptist Physicians Lexington Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2014), Baptist Physicians Lexington Inc's revenue has declined by 34.2%, moving from $31.4M to $20.7M. Total assets decreased by 100% over the same period, from $7.4M to $0. Total functional expenses fell by 37.4%, from $49.0M to $30.7M. In its most recent filing year (2014), Baptist Physicians Lexington Inc reported a deficit of $10.0M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $20.7M | $30.7M | $0 | $0 | — | View 990 |
| 2014 | $56.9M | $90.7M | $9.8M | $5.2M | — | View 990 |
| 2013 | $51.5M | $82.2M | $11.0M | $8.5M | — | View 990 |
| 2012 | $43.7M | $70.5M | $8.8M | $5.9M | — | View 990 |
| 2011 | $31.4M | $49.0M | $7.4M | $4.7M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $20.7M, expenses of $30.7M, and assets of $0 (revenue -63.7% year-over-year).
- 2014: Revenue of $56.9M, expenses of $90.7M, and assets of $9.8M (revenue +10.5% year-over-year).
- 2013: Revenue of $51.5M, expenses of $82.2M, and assets of $11.0M (revenue +17.9% year-over-year).
- 2012: Revenue of $43.7M, expenses of $70.5M, and assets of $8.8M (revenue +39.1% year-over-year).
- 2011: Revenue of $31.4M, expenses of $49.0M, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Baptist Physicians Lexington Inc:
Data Sources and Methodology
This transparency report for Baptist Physicians Lexington 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.