Carlisle Nicholas County Tourism Inc
EIN: 611185009 · Carlisle, KY
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $111K |
| Net Assets | $29K |
Is Carlisle Nicholas County Tourism Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carlisle Nicholas County Tourism Inc
Carlisle Nicholas County Tourism Inc (EIN: 611185009) is a nonprofit organization based in Carlisle, KY. The organization reported total revenue of $105K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carlisle Nicholas County Tourism Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carlisle Nicholas County Tourism Inc is a small nonprofit that has been operating for 35 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -18.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $111K |
| Surplus / Deficit | +$4K |
| Total Assets | $40K |
| Total Liabilities | $11K |
| Net Assets | $29K |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 27.0% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2023, Carlisle Nicholas County Tourism Inc reported a surplus of $4K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 27.0% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Carlisle Nicholas County Tourism Inc's revenue has declined at a compound annual growth rate (CAGR) of -18.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.3% | +9.6% | +10.6% |
| 2022 | -53.9% | +60.9% | -67.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carlisle Nicholas County Tourism 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 Carlisle Nicholas County Tourism 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 $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.0%.
Frequently Asked Questions about Carlisle Nicholas County Tourism Inc
Is Carlisle Nicholas County Tourism Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Carlisle Nicholas County Tourism Inc (EIN: 611185009) insufficient data. 0 red flags identified, 0 strengths noted.
How does Carlisle Nicholas County Tourism Inc spend its money?
Detailed spending breakdown data is not yet available for Carlisle Nicholas County Tourism Inc. Check back for updated IRS 990 analysis.
Are donations to Carlisle Nicholas County Tourism Inc tax-deductible?
Carlisle Nicholas County Tourism Inc is registered as a tax-exempt nonprofit (EIN: 611185009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carlisle Nicholas County Tourism Inc located?
Carlisle Nicholas County Tourism Inc is headquartered in Carlisle, Kentucky and files with the IRS under EIN 611185009.
How many years of IRS 990 filings does Carlisle Nicholas County Tourism Inc have?
Carlisle Nicholas County Tourism Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $105K in total revenue.
Filing History
IRS 990 filing history for Carlisle Nicholas County Tourism Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Carlisle Nicholas County Tourism Inc's revenue has declined by 34%, moving from $174K to $115K. Total assets decreased by 64.2% over the same period, from $111K to $40K. Total functional expenses rose by 76.4%, from $63K to $111K. In its most recent filing year (2023), Carlisle Nicholas County Tourism Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $11K in liabilities against $40K in assets (debt-to-asset ratio: 27.0%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $115K | $111K | $40K | $11K | — | View 990 |
| 2022 | $80K | $101K | $36K | $11K | — | View 990 |
| 2021 | $174K | $63K | $111K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $115K, expenses of $111K, and assets of $40K (revenue +43.3% year-over-year).
- 2022: Revenue of $80K, expenses of $101K, and assets of $36K (revenue -53.9% year-over-year).
- 2021: Revenue of $174K, expenses of $63K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carlisle Nicholas County Tourism Inc:
Data Sources and Methodology
This transparency report for Carlisle Nicholas County Tourism 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.