Bluegrass Institute For Public Policy Solutions Inc

Bluegrass Institute shows improved financial health in latest filing after periods of fluctuating revenue and expenses.

EIN: 113691843 · Louisville, KY · NTEE: B99 · Updated: 2026-03-28

$232KRevenue
$138KAssets
85/100Mission Score (Excellent)
B99
Bluegrass Institute For Public Policy Solutions Inc Financial Summary
MetricValue
Total Revenue$232K
Total Expenses$138K
Program Spending80%
CEO/Top Officer Pay$73,324
Net Assets$159K
Transparency Score85/100

Is Bluegrass Institute For Public Policy Solutions Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Bluegrass Institute For Public Policy Solutions Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Bluegrass Institute For Public Policy Solutions Inc

Bluegrass Institute For Public Policy Solutions Inc (EIN: 113691843) is a nonprofit organization based in Louisville, KY, classified under NTEE code B99. The organization reported total revenue of $232K and total assets of $138K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bluegrass Institute For Public Policy Solutions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
14Years of Filings
MixedRevenue Trajectory

Bluegrass Institute For Public Policy Solutions Inc is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.1%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$287K
Total Expenses$138K
Surplus / Deficit+$149K
Total Assets$159K
Net Assets$159K
Operating Margin52.0%
Months of Reserves13.8 months

Financial Health Grade: A

In 2024, Bluegrass Institute For Public Policy Solutions Inc reported a surplus of $149K with revenue exceeding expenses, holds 13.8 months of operating reserves (strong position).

Financial Trends

Over 14 years of filings (2011–2024), Bluegrass Institute For Public Policy Solutions Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.

YearRevenue ChangeExpense ChangeAsset Change
2024+17.5%-47.9%+240.5%
2023+233.4%+82.8%+56.8%
2022-70.2%-54.5%-70.6%
2021-18.3%+57.1%-41.6%
2020+13.5%-14.4%+130.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Bluegrass Institute For Public Policy Solutions Inc demonstrates a mixed financial picture. While the organization has consistently filed its IRS 990 forms, indicating a commitment to transparency, its financial health has fluctuated. For instance, in fiscal year 202306, expenses ($264,759) exceeded revenue ($244,458), leading to a decrease in assets to $46,666 from $158,900 in the subsequent period 202406. However, the most recent filing (202406) shows a positive turnaround with revenue ($287,284) significantly exceeding expenses ($137,824), resulting in a healthy asset base of $158,900 and zero liabilities. The organization's spending efficiency appears to be improving, as evidenced by the recent positive net income. A notable strength is the consistent reporting of 0% officer compensation across all available filings, suggesting that resources are not being diverted to high executive salaries. This practice enhances donor confidence and indicates a focus on mission-related expenditures. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The absence of liabilities in the most recent filing is a strong positive indicator of financial stability. Overall, the Bluegrass Institute exhibits good transparency through its consistent 990 filings and a commendable approach to executive compensation. While past financial periods showed some volatility, the latest filing suggests a return to stronger financial health and prudent management. Further detailed expense breakdowns would allow for a more granular analysis of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bluegrass Institute For Public Policy Solutions Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Bluegrass Institute For Public Policy Solutions Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$287KTotal Revenue
$138KTotal Expenses
$159KTotal Assets
$159KNet Assets

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officer salaries are paid, which is highly commendable for an organization of its size with revenues ranging from $73,324 to $300,724.

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 Bluegrass Institute For Public Policy Solutions Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Bluegrass Institute For Public Policy Solutions Inc:

Frequently Asked Questions about Bluegrass Institute For Public Policy Solutions Inc

Is Bluegrass Institute For Public Policy Solutions Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Bluegrass Institute For Public Policy Solutions Inc (EIN: 113691843) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

How does Bluegrass Institute For Public Policy Solutions Inc spend its money?

Bluegrass Institute For Public Policy Solutions Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Bluegrass Institute For Public Policy Solutions Inc tax-deductible?

Bluegrass Institute For Public Policy Solutions Inc is registered as a tax-exempt nonprofit (EIN: 113691843). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Bluegrass Institute For Public Policy Solutions Inc CEO make?

Bluegrass Institute For Public Policy Solutions Inc's highest-compensated officer earns $73,324 annually. The organization reported $232K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Bluegrass Institute For Public Policy Solutions Inc's spending goes to programs?

Bluegrass Institute For Public Policy Solutions Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Bluegrass Institute For Public Policy Solutions Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Bluegrass Institute For Public Policy Solutions Inc is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Bluegrass Institute For Public Policy Solutions Inc located?

Bluegrass Institute For Public Policy Solutions Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 113691843. It is classified under NTEE code B99.

How many years of IRS 990 filings does Bluegrass Institute For Public Policy Solutions Inc have?

Bluegrass Institute For Public Policy Solutions Inc has 14 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 $232K in total revenue.

Is Bluegrass Institute For Public Policy Solutions Inc financially stable?

The organization's financial stability has fluctuated. While the 202306 period showed expenses exceeding revenue, the latest filing (202406) indicates strong financial health with revenue of $287,284 significantly surpassing expenses of $137,824, and zero liabilities.

Does the organization pay its officers?

No, the IRS 990 filings consistently report 0% officer compensation, indicating that no salaries are paid to officers.

What is the trend in the organization's assets?

Assets have fluctuated, from a low of $-13,957 in 201712 to a high of $173,212 in 202012. The most recent filing (202406) shows assets at $158,900, a significant increase from $46,666 in 202306.

How transparent is Bluegrass Institute For Public Policy Solutions Inc?

The organization demonstrates good transparency by consistently filing its IRS 990 forms over 14 periods, making its financial data publicly available.

Filing History

IRS 990 filing history for Bluegrass Institute For Public Policy Solutions Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Bluegrass Institute For Public Policy Solutions Inc's revenue has declined by 12.8%, moving from $330K to $287K. Total assets increased by 90.4% over the same period, from $83K to $159K. Total functional expenses fell by 70.5%, from $467K to $138K. In its most recent filing year (2024), Bluegrass Institute For Public Policy Solutions Inc reported a surplus of $149K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $287K $138K $159K $0
2023 $244K $265K $47K $37K
2022 $73K $145K $30K $0 View 990
2021 $246K $318K $101K $0 View 990
2020 $301K $203K $173K $0
2019 $265K $237K $75K $0 View 990
2018 $226K $257K $48K $0 View 990
2017 $280K $294K $-13,957 $0 View 990
2016 $255K $225K $61K $4K View 990
2015 $228K $216K $47K $3K View 990
2014 $304K $265K $45K $13K View 990
2013 $272K $281K $2K $21K View 990
2012 $316K $392K $2K $13K View 990
2011 $330K $467K $83K $6K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Bluegrass Institute For Public Policy Solutions Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Bluegrass Institute For Public Policy Solutions 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.

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