Bowling Green Welfare Center
EIN: 610480941 · Bowling Green, KY · NTEE: P20Z
| Metric | Value |
|---|---|
| Total Revenue | $192K |
| Total Expenses | $184K |
| Net Assets | $287K |
Is Bowling Green Welfare Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bowling Green Welfare Center
Bowling Green Welfare Center (EIN: 610480941) is a nonprofit organization based in Bowling Green, KY, classified under NTEE code P20Z. The organization reported total revenue of $192K and total assets of $289K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bowling Green Welfare Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bowling Green Welfare Center is a small nonprofit that has been operating for 58 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $183K |
| Total Expenses | $184K |
| Surplus / Deficit | $-500 |
| Total Assets | $289K |
| Total Liabilities | $2K |
| Net Assets | $287K |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 18.8 months |
Financial Health Grade: B
In 2024, Bowling Green Welfare Center reported a deficit of $500 with expenses exceeding revenue, holds 18.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Bowling Green Welfare Center's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -29.5% | -19.6% | -0.9% |
| 2023 | -10.7% | +4.5% | +8.2% |
| 2022 | -34.7% | -48.7% | +37.0% |
| 2021 | +131.9% | +183.9% | +16.7% |
| 2020 | +12.5% | -7.9% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bowling Green Welfare Center 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 Bowling Green Welfare Center 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 $500, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Bowling Green Welfare Center
Is Bowling Green Welfare Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Bowling Green Welfare Center (EIN: 610480941) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bowling Green Welfare Center spend its money?
Detailed spending breakdown data is not yet available for Bowling Green Welfare Center. Check back for updated IRS 990 analysis.
Are donations to Bowling Green Welfare Center tax-deductible?
Bowling Green Welfare Center is registered as a tax-exempt nonprofit (EIN: 610480941). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bowling Green Welfare Center located?
Bowling Green Welfare Center is headquartered in Bowling Green, Kentucky and files with the IRS under EIN 610480941. It is classified under NTEE code P20Z.
How many years of IRS 990 filings does Bowling Green Welfare Center have?
Bowling Green Welfare Center 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 $192K in total revenue.
Filing History
IRS 990 filing history for Bowling Green Welfare Center showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Bowling Green Welfare Center's revenue has grown by 31.3%, moving from $140K to $183K. Total assets increased by 118.6% over the same period, from $132K to $289K. Total functional expenses rose by 11.3%, from $165K to $184K. In its most recent filing year (2024), Bowling Green Welfare Center reported a deficit of $500, with expenses exceeding revenue. The organization holds $2K in liabilities against $289K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $287K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $183K | $184K | $289K | $2K | — | — |
| 2023 | $260K | $229K | $291K | $4K | — | View 990 |
| 2022 | $291K | $219K | $269K | $10K | — | View 990 |
| 2021 | $446K | $427K | $197K | $6K | — | View 990 |
| 2020 | $192K | $150K | $168K | $6K | — | View 990 |
| 2019 | $171K | $163K | $152K | $8K | — | View 990 |
| 2018 | $148K | $125K | $139K | $0 | — | View 990 |
| 2017 | $142K | $136K | $126K | $11K | — | View 990 |
| 2016 | $138K | $164K | $119K | $9K | — | View 990 |
| 2015 | $167K | $164K | $144K | $13K | — | View 990 |
| 2014 | $157K | $153K | $148K | $10K | — | View 990 |
| 2013 | $154K | $144K | $138K | $11K | — | View 990 |
| 2012 | $142K | $139K | $130K | $10K | — | View 990 |
| 2011 | $140K | $165K | $132K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $183K, expenses of $184K, and assets of $289K (revenue -29.5% year-over-year).
- 2023: Revenue of $260K, expenses of $229K, and assets of $291K (revenue -10.7% year-over-year).
- 2022: Revenue of $291K, expenses of $219K, and assets of $269K (revenue -34.7% year-over-year).
- 2021: Revenue of $446K, expenses of $427K, and assets of $197K (revenue +131.9% year-over-year).
- 2020: Revenue of $192K, expenses of $150K, and assets of $168K (revenue +12.5% year-over-year).
- 2019: Revenue of $171K, expenses of $163K, and assets of $152K (revenue +15.3% year-over-year).
- 2018: Revenue of $148K, expenses of $125K, and assets of $139K (revenue +4.6% year-over-year).
- 2017: Revenue of $142K, expenses of $136K, and assets of $126K (revenue +2.6% year-over-year).
- 2016: Revenue of $138K, expenses of $164K, and assets of $119K (revenue -17.5% year-over-year).
- 2015: Revenue of $167K, expenses of $164K, and assets of $144K (revenue +6.3% year-over-year).
- 2014: Revenue of $157K, expenses of $153K, and assets of $148K (revenue +2.1% year-over-year).
- 2013: Revenue of $154K, expenses of $144K, and assets of $138K (revenue +8.8% year-over-year).
- 2012: Revenue of $142K, expenses of $139K, and assets of $130K (revenue +1.5% year-over-year).
- 2011: Revenue of $140K, expenses of $165K, and assets of $132K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bowling Green Welfare Center:
Data Sources and Methodology
This transparency report for Bowling Green Welfare Center 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.