Belknap Neighborhood Association
EIN: 611253296 · Louisville, KY · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $35K |
| Total Expenses | $36K |
| Net Assets | $24K |
Is Belknap Neighborhood Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Belknap Neighborhood Association
Belknap Neighborhood Association (EIN: 611253296) is a nonprofit organization based in Louisville, KY, classified under NTEE code P20. The organization reported total revenue of $35K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Belknap Neighborhood Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Belknap Neighborhood Association is a micro nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of -29.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $36K |
| Surplus / Deficit | $-14,014 |
| Total Assets | $24K |
| Net Assets | $24K |
| Operating Margin | -63.0% |
| Months of Reserves | 7.8 months |
Financial Health Grade: B
In 2024, Belknap Neighborhood Association reported a deficit of $14K with expenses exceeding revenue, holds 7.8 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2023–2024), Belknap Neighborhood Association's revenue has declined at a compound annual growth rate (CAGR) of -29.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -29.2% | +533.4% | -37.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Belknap Neighborhood Association 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 Belknap Neighborhood Association 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
Frequently Asked Questions about Belknap Neighborhood Association
Is Belknap Neighborhood Association a legitimate charity?
Belknap Neighborhood Association (EIN: 611253296) is a registered tax-exempt nonprofit based in Kentucky. It has 2 years of IRS 990 filings on record. Total revenue: $35K. No red flags identified. Financial health grade: B.
How does Belknap Neighborhood Association spend its money?
Belknap Neighborhood Association reported $35K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Belknap Neighborhood Association tax-deductible?
Belknap Neighborhood Association is registered as a tax-exempt nonprofit (EIN: 611253296). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Belknap Neighborhood Association located?
Belknap Neighborhood Association is headquartered in Louisville, Kentucky and files with the IRS under EIN 611253296. It is classified under NTEE code P20.
How many years of IRS 990 filings does Belknap Neighborhood Association have?
Belknap Neighborhood Association 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 $35K in total revenue.
Filing History
IRS 990 filing history for Belknap Neighborhood Association showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Belknap Neighborhood Association's revenue has declined by 29.2%, moving from $31K to $22K. Total assets decreased by 37.4% over the same period, from $38K to $24K. Total functional expenses rose by 533.4%, from $6K to $36K. In its most recent filing year (2024), Belknap Neighborhood Association reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $22K | $36K | $24K | $0 | — | — |
| 2023 | $31K | $6K | $38K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Belknap Neighborhood Association:
Data Sources and Methodology
This transparency report for Belknap Neighborhood Association 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.