Business Education Partnership Inc
EIN: 611310831 · Paducah, KY · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $26K |
| Total Expenses | $26K |
| Net Assets | $13K |
Is Business Education Partnership Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Business Education Partnership Inc
Business Education Partnership Inc (EIN: 611310831) is a nonprofit organization based in Paducah, KY, classified under NTEE code B99. The organization reported total revenue of $26K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Business Education Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Business Education Partnership Inc is a micro nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $26K |
| Surplus / Deficit | +$608 |
| Total Assets | $51K |
| Total Liabilities | $38K |
| Net Assets | $13K |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 74.5% |
| Months of Reserves | 23.2 months |
Financial Health Grade: A
In 2023, Business Education Partnership Inc reported a surplus of $608 with revenue exceeding expenses, holds 23.2 months of operating reserves (strong position), has a debt-to-asset ratio of 74.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Business Education Partnership Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.4% | +21.6% | +1.5% |
| 2022 | +3.9% | -13.6% | +38.2% |
| 2021 | +48.0% | +32.7% | +14.1% |
| 2020 | -57.0% | -53.2% | -13.5% |
| 2019 | +6.2% | -1.5% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Business Education Partnership 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 Business Education Partnership 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $608, with revenue exceeding expenses.
- Debt-to-asset ratio: 74.5%.
Frequently Asked Questions about Business Education Partnership Inc
Is Business Education Partnership Inc a legitimate charity?
Business Education Partnership Inc (EIN: 611310831) is a registered tax-exempt nonprofit based in Kentucky. It has 13 years of IRS 990 filings on record. Total revenue: $26K. No red flags identified. Financial health grade: A.
How does Business Education Partnership Inc spend its money?
Business Education Partnership Inc reported $26K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Business Education Partnership Inc tax-deductible?
Business Education Partnership Inc is registered as a tax-exempt nonprofit (EIN: 611310831). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Business Education Partnership Inc located?
Business Education Partnership Inc is headquartered in Paducah, Kentucky and files with the IRS under EIN 611310831. It is classified under NTEE code B99.
How many years of IRS 990 filings does Business Education Partnership Inc have?
Business Education Partnership Inc has 13 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 $26K in total revenue.
Filing History
IRS 990 filing history for Business Education Partnership Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Business Education Partnership Inc's revenue has declined by 62.5%, moving from $72K to $27K. Total assets increased by 203.1% over the same period, from $17K to $51K. Total functional expenses fell by 57%, from $62K to $26K. In its most recent filing year (2023), Business Education Partnership Inc reported a surplus of $608, with revenue exceeding expenses. The organization holds $38K in liabilities against $51K in assets (debt-to-asset ratio: 74.5%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27K | $26K | $51K | $38K | — | — |
| 2022 | $28K | $22K | $50K | $38K | — | View 990 |
| 2021 | $27K | $25K | $36K | $31K | — | — |
| 2020 | $18K | $19K | $32K | $28K | — | — |
| 2019 | $43K | $41K | $37K | $33K | — | View 990 |
| 2018 | $40K | $41K | $36K | $33K | — | View 990 |
| 2017 | $32K | $34K | $30K | $27K | — | View 990 |
| 2016 | $40K | $42K | $25K | $20K | — | View 990 |
| 2015 | $32K | $34K | $22K | $16K | — | View 990 |
| 2014 | $56K | $50K | $16K | $8K | — | View 990 |
| 2013 | $21K | $22K | $13K | $10K | — | View 990 |
| 2012 | $61K | $65K | $22K | $18K | — | View 990 |
| 2011 | $72K | $62K | $17K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27K, expenses of $26K, and assets of $51K (revenue -4.4% year-over-year).
- 2022: Revenue of $28K, expenses of $22K, and assets of $50K (revenue +3.9% year-over-year).
- 2021: Revenue of $27K, expenses of $25K, and assets of $36K (revenue +48.0% year-over-year).
- 2020: Revenue of $18K, expenses of $19K, and assets of $32K (revenue -57.0% year-over-year).
- 2019: Revenue of $43K, expenses of $41K, and assets of $37K (revenue +6.2% year-over-year).
- 2018: Revenue of $40K, expenses of $41K, and assets of $36K (revenue +25.7% year-over-year).
- 2017: Revenue of $32K, expenses of $34K, and assets of $30K (revenue -18.8% year-over-year).
- 2016: Revenue of $40K, expenses of $42K, and assets of $25K (revenue +21.7% year-over-year).
- 2015: Revenue of $32K, expenses of $34K, and assets of $22K (revenue -41.5% year-over-year).
- 2014: Revenue of $56K, expenses of $50K, and assets of $16K (revenue +167.0% year-over-year).
- 2013: Revenue of $21K, expenses of $22K, and assets of $13K (revenue -66.1% year-over-year).
- 2012: Revenue of $61K, expenses of $65K, and assets of $22K (revenue -14.9% year-over-year).
- 2011: Revenue of $72K, expenses of $62K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Business Education Partnership Inc:
Data Sources and Methodology
This transparency report for Business Education Partnership 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.