Breckinridge County Development Corporation
EIN: 611040784 · Hardinsburg, KY
| Metric | Value |
|---|---|
| Total Expenses | $3K |
| Net Assets | $538K |
Is Breckinridge County Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Breckinridge County Development Corporation
Breckinridge County Development Corporation (EIN: 611040784) is a nonprofit organization based in Hardinsburg, 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 Breckinridge County Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Breckinridge County Development Corporation is a micro nonprofit that has been operating for 37 years, with 3 years of IRS 990 filings on record (2019–2021). Revenue has grown at a compound annual rate of -90.9%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $3K |
| Surplus / Deficit | $-54 |
| Total Assets | $538K |
| Net Assets | $538K |
| Operating Margin | -2.2% |
| Months of Reserves | 2526.5 months |
Financial Health Grade: B
In 2021, Breckinridge County Development Corporation reported a deficit of $54 with expenses exceeding revenue, holds 2526.5 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2019–2021), Breckinridge County Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -90.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -5.4% | +515.4% | +-0.0% |
| 2020 | -99.1% | -51.5% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Breckinridge County Development Corporation 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 Breckinridge County Development Corporation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $54, with expenses exceeding revenue.
Frequently Asked Questions about Breckinridge County Development Corporation
Is Breckinridge County Development Corporation a legitimate charity?
Breckinridge County Development Corporation (EIN: 611040784) is a registered tax-exempt nonprofit based in Kentucky. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Breckinridge County Development Corporation spend its money?
Breckinridge County Development Corporation reported its financials in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Breckinridge County Development Corporation tax-deductible?
Breckinridge County Development Corporation is registered as a tax-exempt nonprofit (EIN: 611040784). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Breckinridge County Development Corporation located?
Breckinridge County Development Corporation is headquartered in Hardinsburg, Kentucky and files with the IRS under EIN 611040784.
How many years of IRS 990 filings does Breckinridge County Development Corporation have?
Breckinridge County Development Corporation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Breckinridge County Development Corporation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2021), Breckinridge County Development Corporation's revenue has declined by 99.2%, moving from $304K to $3K. Total assets increased by 0.4% over the same period, from $536K to $538K. Total functional expenses rose by 198.7%, from $855 to $3K. In its most recent filing year (2021), Breckinridge County Development Corporation reported a deficit of $54, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $3K | $3K | $538K | $0 | — | — |
| 2020 | $3K | $415 | $538K | $0 | — | View 990 |
| 2019 | $304K | $855 | $536K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $3K, expenses of $3K, and assets of $538K (revenue -5.4% year-over-year).
- 2020: Revenue of $3K, expenses of $415, and assets of $538K (revenue -99.1% year-over-year).
- 2019: Revenue of $304K, expenses of $855, and assets of $536K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Breckinridge County Development Corporation:
Data Sources and Methodology
This transparency report for Breckinridge County Development Corporation 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.