Builders Association Of Rowan County Inc
Builders Association Of Rowan County Inc operates with inconsistent revenue and significant liabilities.
EIN: 201641521 · Morehead, KY · NTEE: B99 · Updated: 2026-03-28
Is Builders Association Of Rowan County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Builders Association Of Rowan County Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Builders Association Of Rowan County Inc
Builders Association Of Rowan County Inc (EIN: 201641521) is a nonprofit organization based in Morehead, KY, classified under NTEE code B99. The organization reported total revenue of $0 and total assets of $117K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Builders Association Of Rowan County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Builders Association Of Rowan County Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Builders Association Of Rowan County Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led structure or compensation levels below IRS reporting thresholds, which is common for very small organizations.
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 Builders Association Of Rowan County Inc's IRS 990 filings:
- Inconsistent revenue generation with multiple years of $0 revenue.
- High liabilities relative to assets ($70,100 liabilities vs. $117,077 assets in 2018).
- Lack of detailed expense breakdown to assess program efficiency.
Strengths
The following positive indicators were identified for Builders Association Of Rowan County Inc:
- Consistent reporting of 0% officer compensation, indicating potential volunteer leadership.
- Maintained assets over time despite revenue fluctuations, reaching $117,077 in 2018.
Frequently Asked Questions about Builders Association Of Rowan County Inc
Is Builders Association Of Rowan County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Builders Association Of Rowan County Inc (EIN: 201641521) some concerns. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
How does Builders Association Of Rowan County Inc spend its money?
Builders Association Of Rowan County Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Builders Association Of Rowan County Inc tax-deductible?
Builders Association Of Rowan County Inc is registered as a tax-exempt nonprofit (EIN: 201641521). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the nature of the $70,100 in liabilities reported in 2018?
The IRS 990 data indicates significant liabilities, but does not specify their nature (e.g., loans, accounts payable). Understanding these liabilities is crucial for assessing financial risk.
How does the organization sustain operations with $0 revenue in multiple years?
With $0 revenue in 2018, 2015, 2014, and 2013, the organization likely relies on accumulated assets, grants, or other non-operating income to cover its expenses.
What are the specific programs and activities conducted by the organization?
The NTEE code B99 (Housing, Shelter, & Related Activities, Not Elsewhere Classified) provides a general category, but specific program details are not available in the provided financial summary.
Filing History
IRS 990 filing history for Builders Association Of Rowan County Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Builders Association Of Rowan County Inc's revenue has declined by 100%, moving from $175K to $0. Total assets increased by 147.5% over the same period, from $47K to $117K. Total functional expenses fell by 97.9%, from $202K to $4K. The organization holds $70K in liabilities against $117K in assets (debt-to-asset ratio: 59.9%), resulting in net assets of $47K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2018 | $0 | $4K | $117K | $70K | — | View 990 |
| 2017 | $2K | $3K | $71K | $20K | — | View 990 |
| 2016 | $151K | $131K | $53K | $0 | — | View 990 |
| 2015 | $0 | $6K | $102K | $69K | — | View 990 |
| 2014 | $0 | $2K | $57K | $18K | — | View 990 |
| 2013 | $0 | $6K | $41K | $0 | — | View 990 |
| 2012 | $175K | $202K | $47K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $0, expenses of $4K, and assets of $117K (revenue -100.0% year-over-year).
- 2017: Revenue of $2K, expenses of $3K, and assets of $71K (revenue -98.9% year-over-year).
- 2016: Revenue of $151K, expenses of $131K, and assets of $53K.
- 2015: Revenue of $0, expenses of $6K, and assets of $102K.
- 2014: Revenue of $0, expenses of $2K, and assets of $57K.
- 2013: Revenue of $0, expenses of $6K, and assets of $41K (revenue -100.0% year-over-year).
- 2012: Revenue of $175K, expenses of $202K, and assets of $47K.
Data Sources and Methodology
This transparency report for Builders Association Of Rowan County 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.