Cool Kids Ministries Inc

Cool Kids Ministries Inc. consistently operates on a lean budget with volunteer leadership and minimal assets.

EIN: 201892313 · Nancy, KY · NTEE: X20 · Updated: 2026-03-28

$147KRevenue
$7KAssets
85/100Mission Score (Excellent)
X20

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Cool Kids Ministries Inc Financial Summary
MetricValue
Total Revenue$147K
Total Expenses$192K
Program Spending90%
Net Assets$1K
Transparency Score85/100

Search Intent Cockpit

Cool Kids Ministries Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Cool Kids Ministries Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Cool Kids Ministries Inc in one place.

Form 990 Filing Summary

15 filing years are available, with latest revenue of $193K and expenses of $192K.

Revenue and Expenses

Cool Kids Ministries Inc reported $193K in revenue and $192K in expenses, a surplus of $253.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Cool Kids Ministries Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
15Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Cool Kids Ministries Inc Expense Deployment
Program services$173K (90%)

Across stored filings, Cool Kids Ministries Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Cool Kids Ministries Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade A15 stored filing years
Peer contextCompare with Carriage Museum Of AmericaKentucky and Religion context

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Cool Kids Ministries Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Cool Kids Ministries Inc

Cool Kids Ministries Inc (EIN: 201892313) is a nonprofit organization based in Nancy, KY, classified under NTEE code X20. The organization reported total revenue of $147K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cool Kids Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
15Years of Filings
MixedRevenue Trajectory

Cool Kids Ministries Inc is a small nonprofit that has been operating for 20 years, with 15 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 2.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$193K
Total Expenses$192K
Surplus / Deficit+$253
Total Assets$1K
Net Assets$1K
Operating Margin0.1%
Months of Reserves0.1 months

Financial Health Grade: A

In 2023, Cool Kids Ministries Inc reported a surplus of $253 with revenue exceeding expenses, holds 0.1 months of operating reserves (limited).

Financial Trends

Over 15 years of filings (2009–2023), Cool Kids Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+4.4%+4.1%+26.7%
2022+6.2%+7.0%-18.5%
2021+4.6%+5.6%+911.3%
2020+1.2%+1.2%-95.2%
2019-12.3%-19.4%+1454.8%

IRS Tax-Exempt Classification

IRS Classification Codes7000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Cool Kids Ministries Inc. demonstrates consistent operational activity with revenues and expenses closely matched over the past decade, indicating a lean operational model. For example, in 2023, revenue was $192,595 against expenses of $192,342. The organization consistently reports zero liabilities and minimal assets, suggesting a 'spend-as-you-go' approach rather than accumulating significant reserves. This could be a strength in terms of direct program application of funds, but also a potential vulnerability if there are unexpected financial needs. The organization's financial health appears stable, maintaining a consistent level of revenue and expenses, typically around the $150,000-$190,000 range annually. The absence of officer compensation reported across all filings is a significant indicator of volunteer-driven leadership, which contributes to high spending efficiency. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess the efficiency of program spending versus administrative or fundraising costs. The organization's transparency is good in terms of consistent filing, but more granular expense data would enhance understanding.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cool Kids Ministries Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 5%
  • programs: 90%
  • fundraising: 5%

According to IRS 990 filings, Cool Kids Ministries Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$193KTotal Revenue
$192KTotal Expenses
$1KTotal Assets
$1KNet Assets
  • The organization reported a surplus of $253, with revenue exceeding expenses.

Executive Compensation Analysis

Cool Kids Ministries Inc. consistently reports 0% officer compensation across all available filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and maximizes funds available for programs.

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 Cool Kids Ministries Inc's IRS 990 filings:

  • Minimal asset base could pose challenges for unexpected expenses or growth initiatives (e.g., $1,201 in 2023).

Strengths

The following positive indicators were identified for Cool Kids Ministries Inc:

  • Consistent reporting of 0% officer compensation, indicating volunteer leadership and high efficiency.
  • Zero reported liabilities across all filings, demonstrating sound financial management.
  • Revenues and expenses are closely matched annually (e.g., $192,595 revenue vs. $192,342 expenses in 2023), suggesting efficient use of funds.
  • Long history of consistent IRS 990 filings (15 filings), indicating transparency and compliance.

Frequently Asked Questions about Cool Kids Ministries Inc

Is Cool Kids Ministries Inc a legitimate charity?

Cool Kids Ministries Inc (EIN: 201892313) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 15 years of IRS 990 filings on record. Total revenue: $147K. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Cool Kids Ministries Inc spend its money?

Cool Kids Ministries Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Cool Kids Ministries Inc tax-deductible?

Cool Kids Ministries Inc is registered as a tax-exempt nonprofit (EIN: 201892313). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Cool Kids Ministries Inc's spending goes to programs?

Cool Kids Ministries Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Cool Kids Ministries Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Cool Kids Ministries Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Cool Kids Ministries Inc located?

Cool Kids Ministries Inc is headquartered in Nancy, Kentucky and files with the IRS under EIN 201892313. It is classified under NTEE code X20.

How many years of IRS 990 filings does Cool Kids Ministries Inc have?

Cool Kids Ministries Inc has 15 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 $147K in total revenue.

How does Cool Kids Ministries Inc. manage to operate with such minimal assets?

The organization's consistent reporting of low assets (e.g., $1,201 in 2023) and zero liabilities suggests a model where funds are primarily spent as they are received, rather than accumulated. This could indicate efficient, direct application of donations to programs.

What specific programs does Cool Kids Ministries Inc. fund?

While the NTEE code X20 indicates 'Religious, Spiritual, and Faith-Based' organizations, the provided IRS 990 data does not offer specific details on the programs or activities Cool Kids Ministries Inc. undertakes. Further investigation into their mission statement or website would be necessary.

Is the lack of officer compensation sustainable for leadership?

The consistent reporting of 0% officer compensation over 15 filings suggests a deeply committed volunteer leadership structure. While highly efficient, it relies heavily on the dedication of unpaid individuals, which can have its own challenges regarding long-term sustainability and succession planning.

Filing History

IRS 990 filing history for Cool Kids Ministries Inc showing financial trends over 15 years of public records:

Over 15 years of IRS 990 filings (2009–2023), Cool Kids Ministries Inc's revenue has grown by 38.3%, moving from $139K to $193K. Total assets increased by 4041.4% over the same period, from $29 to $1K. Total functional expenses rose by 38.1%, from $139K to $192K. In its most recent filing year (2023), Cool Kids Ministries Inc reported a surplus of $253, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $193K $192K $1K $0 View 990
2022 $185K $185K $948 $0 View 990
2021 $174K $173K $1K $0
2020 $166K $164K $115 $0 View 990
2019 $164K $162K $2K $0 View 990
2018 $187K $200K $155 $0 View 990
2017 $179K $170K $9K $0 View 990
2016 $190K $185K $5K $0 View 990
2015 $155K $155K $53 $0 View 990
2014 $148K $149K $-453 $0 View 990
2013 $153K $153K $641 $0 View 990
2012 $159K $159K $383 $0 View 990
2011 $145K $143K $-304 $0 View 990
2010 $140K $140K $1K $0 View 990
2009 $139K $139K $29 $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $193K, expenses of $192K, and assets of $1K (revenue +4.4% year-over-year).
  • 2022: Revenue of $185K, expenses of $185K, and assets of $948 (revenue +6.2% year-over-year).
  • 2021: Revenue of $174K, expenses of $173K, and assets of $1K (revenue +4.6% year-over-year).
  • 2020: Revenue of $166K, expenses of $164K, and assets of $115 (revenue +1.2% year-over-year).
  • 2019: Revenue of $164K, expenses of $162K, and assets of $2K (revenue -12.3% year-over-year).
  • 2018: Revenue of $187K, expenses of $200K, and assets of $155 (revenue +4.5% year-over-year).
  • 2017: Revenue of $179K, expenses of $170K, and assets of $9K (revenue -5.7% year-over-year).
  • 2016: Revenue of $190K, expenses of $185K, and assets of $5K (revenue +22.4% year-over-year).
  • 2015: Revenue of $155K, expenses of $155K, and assets of $53 (revenue +4.7% year-over-year).
  • 2014: Revenue of $148K, expenses of $149K, and assets of $-453 (revenue -3.4% year-over-year).
  • 2013: Revenue of $153K, expenses of $153K, and assets of $641 (revenue -3.4% year-over-year).
  • 2012: Revenue of $159K, expenses of $159K, and assets of $383 (revenue +9.7% year-over-year).
  • 2011: Revenue of $145K, expenses of $143K, and assets of $-304 (revenue +3.2% year-over-year).
  • 2010: Revenue of $140K, expenses of $140K, and assets of $1K (revenue +0.8% year-over-year).
  • 2009: Revenue of $139K, expenses of $139K, and assets of $29.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Cool Kids Ministries Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing 2009 Filing

Data Sources and Methodology

This transparency report for Cool Kids Ministries 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.

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