Boone County Education Association Inc
EIN: 811008962 · Florence, KY · NTEE: S41
Is Boone County Education Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boone County Education Association Inc
Boone County Education Association Inc (EIN: 811008962) is a nonprofit organization based in Florence, KY, classified under NTEE code S41. The organization reported total revenue of $130K and total assets of $198K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boone County Education Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Boone County Education Association 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 Boone County Education Association 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.
Frequently Asked Questions about Boone County Education Association Inc
Is Boone County Education Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boone County Education Association Inc (EIN: 811008962) insufficient data. 0 red flags identified, 0 strengths noted.
How does Boone County Education Association Inc spend its money?
Detailed spending breakdown data is not yet available for Boone County Education Association Inc. Check back for updated IRS 990 analysis.
Are donations to Boone County Education Association Inc tax-deductible?
Boone County Education Association Inc is registered as a tax-exempt nonprofit (EIN: 811008962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Boone County Education Association Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Boone County Education Association Inc's revenue has grown by 3.9%, moving from $112K to $116K. Total assets increased by 5.7% over the same period, from $200K to $211K. Total functional expenses fell by 33.7%, from $171K to $114K. In its most recent filing year (2023), Boone County Education Association Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $116K | $114K | $211K | $0 | — | — |
| 2022 | $120K | $127K | $209K | $0 | — | — |
| 2021 | $122K | $105K | $215K | $0 | — | View 990 |
| 2020 | $129K | $98K | $198K | $0 | — | View 990 |
| 2019 | $129K | $149K | $167K | $0 | — | View 990 |
| 2018 | $127K | $140K | $187K | $0 | — | View 990 |
| 2017 | $122K | $122K | $199K | $0 | — | — |
| 2016 | $112K | $171K | $200K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $116K, expenses of $114K, and assets of $211K (revenue -3.4% year-over-year).
- 2022: Revenue of $120K, expenses of $127K, and assets of $209K (revenue -1.8% year-over-year).
- 2021: Revenue of $122K, expenses of $105K, and assets of $215K (revenue -5.1% year-over-year).
- 2020: Revenue of $129K, expenses of $98K, and assets of $198K (revenue -0.1% year-over-year).
- 2019: Revenue of $129K, expenses of $149K, and assets of $167K (revenue +1.8% year-over-year).
- 2018: Revenue of $127K, expenses of $140K, and assets of $187K (revenue +3.7% year-over-year).
- 2017: Revenue of $122K, expenses of $122K, and assets of $199K (revenue +9.3% year-over-year).
- 2016: Revenue of $112K, expenses of $171K, and assets of $200K.
Data Sources and Methodology
This transparency report for Boone County Education Association 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.