Boyd County Medical Society
EIN: 611070200 · Ashland, KY
| Metric | Value |
|---|---|
| Total Expenses | $4K |
| Net Assets | $35K |
Is Boyd County Medical Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boyd County Medical Society
Boyd County Medical Society (EIN: 611070200) is a nonprofit organization based in Ashland, 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 Boyd County Medical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boyd County Medical Society is a micro nonprofit that has been operating for 28 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -10.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $4K |
| Surplus / Deficit | $-267 |
| Total Assets | $35K |
| Net Assets | $35K |
| Operating Margin | -8.3% |
| Months of Reserves | 120.9 months |
Financial Health Grade: B
In 2018, Boyd County Medical Society reported a deficit of $267 with expenses exceeding revenue, holds 120.9 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2011–2018), Boyd County Medical Society's revenue has declined at a compound annual growth rate (CAGR) of -10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -14.7% | -25.6% | -0.7% |
| 2017 | -1.9% | +708.2% | -2.5% |
| 2016 | -9.0% | -41.8% | +9.9% |
| 2015 | -8.8% | -7.4% | +11.2% |
| 2014 | -21.6% | -33.2% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Boyd County Medical Society 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 Boyd County Medical Society 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $267, with expenses exceeding revenue.
Frequently Asked Questions about Boyd County Medical Society
Is Boyd County Medical Society a legitimate charity?
Boyd County Medical Society (EIN: 611070200) is a registered tax-exempt nonprofit based in Kentucky. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Boyd County Medical Society spend its money?
Boyd County Medical Society reported its financials in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Boyd County Medical Society tax-deductible?
Boyd County Medical Society is registered as a tax-exempt nonprofit (EIN: 611070200). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Boyd County Medical Society located?
Boyd County Medical Society is headquartered in Ashland, Kentucky and files with the IRS under EIN 611070200.
How many years of IRS 990 filings does Boyd County Medical Society have?
Boyd County Medical Society has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Boyd County Medical Society showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Boyd County Medical Society's revenue has declined by 54.7%, moving from $7K to $3K. Total assets increased by 119.7% over the same period, from $16K to $35K. Total functional expenses rose by 11.6%, from $3K to $4K. In its most recent filing year (2018), Boyd County Medical Society reported a deficit of $267, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $3K | $4K | $35K | $0 | — | View 990 |
| 2017 | $4K | $5K | $36K | $0 | — | — |
| 2016 | $4K | $582 | $36K | $0 | — | View 990 |
| 2015 | $4K | $1K | $33K | $0 | — | View 990 |
| 2014 | $5K | $1K | $30K | $0 | — | View 990 |
| 2013 | $6K | $2K | $26K | $0 | — | View 990 |
| 2012 | $7K | $2K | $22K | $0 | — | View 990 |
| 2011 | $7K | $3K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $3K, expenses of $4K, and assets of $35K (revenue -14.7% year-over-year).
- 2017: Revenue of $4K, expenses of $5K, and assets of $36K (revenue -1.9% year-over-year).
- 2016: Revenue of $4K, expenses of $582, and assets of $36K (revenue -9.0% year-over-year).
- 2015: Revenue of $4K, expenses of $1K, and assets of $33K (revenue -8.8% year-over-year).
- 2014: Revenue of $5K, expenses of $1K, and assets of $30K (revenue -21.6% year-over-year).
- 2013: Revenue of $6K, expenses of $2K, and assets of $26K (revenue -20.2% year-over-year).
- 2012: Revenue of $7K, expenses of $2K, and assets of $22K (revenue +4.3% year-over-year).
- 2011: Revenue of $7K, expenses of $3K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boyd County Medical Society:
Data Sources and Methodology
This transparency report for Boyd County Medical Society 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.