Fayette Alliance Inc
Fayette Alliance Inc. faces severe financial contraction with drastically reduced revenue and assets.
EIN: 204827646 · Lexington, KY · NTEE: S80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $143 |
| Total Expenses | $1K |
| Program Spending | 80% |
| Net Assets | $114K |
| Transparency Score | 45/100 |
Is Fayette Alliance Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fayette Alliance Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fayette Alliance Inc
Fayette Alliance Inc (EIN: 204827646) is a nonprofit organization based in Lexington, KY, classified under NTEE code S80. The organization reported total revenue of $143 and total assets of $103K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fayette Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fayette Alliance Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -27.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $1K |
| Surplus / Deficit | +$4K |
| Total Assets | $114K |
| Net Assets | $114K |
| Operating Margin | 78.2% |
| Months of Reserves | 1212.1 months |
Financial Health Grade: A
In 2023, Fayette Alliance Inc reported a surplus of $4K with revenue exceeding expenses, holds 1212.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Fayette Alliance Inc's revenue has declined at a compound annual growth rate (CAGR) of -27.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.0% | +189.9% | +3.7% |
| 2022 | -49.7% | -95.8% | +4.5% |
| 2021 | +3819.8% | -76.1% | +0.9% |
| 2020 | -8.2% | -8.4% | -27.9% |
| 2019 | -26.5% | -77.1% | -21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fayette Alliance Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Fayette Alliance Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This suggests a volunteer-led executive structure, which is commendable for minimizing overhead, especially given the organization's small and declining financial scale.
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 Fayette Alliance Inc's IRS 990 filings:
- Drastic decline in revenue from $466,069 in 2014 to $143 in the latest period, indicating severe financial instability.
- Significant reduction in assets from a peak of $365,758 in 2017 to $113,633 in 2023, eroding financial reserves.
- Extremely low expenses in recent years (e.g., $1,125 in 2023) compared to historical spending, suggesting minimal program activity.
- Potential for dormancy or very limited operational capacity due to sustained low financial activity.
Strengths
The following positive indicators were identified for Fayette Alliance Inc:
- Consistent reporting of 0% officer compensation, demonstrating a commitment to minimizing executive overhead.
- No reported liabilities in most recent filings, indicating a clean balance sheet in terms of debt.
- Consistent IRS 990 filing history, suggesting adherence to transparency requirements.
Frequently Asked Questions about Fayette Alliance Inc
Is Fayette Alliance Inc a legitimate charity?
Fayette Alliance Inc (EIN: 204827646) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $143. 4 red flags identified. 3 strengths noted. Financial health grade: A.
How does Fayette Alliance Inc spend its money?
Fayette Alliance Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fayette Alliance Inc tax-deductible?
Fayette Alliance Inc is registered as a tax-exempt nonprofit (EIN: 204827646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fayette Alliance Inc's spending goes to programs?
Fayette Alliance Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fayette Alliance Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Fayette Alliance Inc is near average for NTEE category S80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fayette Alliance Inc located?
Fayette Alliance Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 204827646. It is classified under NTEE code S80.
How many years of IRS 990 filings does Fayette Alliance Inc have?
Fayette Alliance 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 $143 in total revenue.
What caused the drastic decline in revenue and expenses from 2015 to 2020?
The filings show a sharp drop from $461,541 in revenue and $444,913 in expenses in 2015 to $257 in revenue and $38,233 in expenses in 2020, indicating a significant operational change or reduction in activity.
Is Fayette Alliance Inc. still actively pursuing its mission given the extremely low recent revenue and expenses?
With revenue of $143 and expenses of $1,125 in the latest period (2023), and similar low figures in 2021-2022, the organization's operational capacity appears to be severely limited, raising questions about its current program delivery.
What is the current operational model of the organization, given the 0% officer compensation and minimal financial activity?
The consistent 0% officer compensation suggests a volunteer-driven model, but the extremely low revenue and expenses in recent years imply a very limited scope of operations, possibly a dormant or advocacy-only role with minimal financial outlay.
Filing History
IRS 990 filing history for Fayette Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fayette Alliance Inc's revenue has declined by 97.7%, moving from $227K to $5K. Total assets increased by 818.7% over the same period, from $12K to $114K. Total functional expenses fell by 99.6%, from $260K to $1K. In its most recent filing year (2023), Fayette Alliance Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $1K | $114K | $0 | — | — |
| 2022 | $5K | $388 | $110K | $0 | — | View 990 |
| 2021 | $10K | $9K | $105K | $0 | — | — |
| 2020 | $257 | $38K | $104K | $0 | — | — |
| 2019 | $280 | $42K | $144K | $2K | — | — |
| 2018 | $381 | $183K | $183K | $0 | — | View 990 |
| 2017 | $101K | $68K | $366K | $0 | — | View 990 |
| 2016 | $207K | $167K | $332K | $0 | — | View 990 |
| 2015 | $462K | $445K | $292K | $0 | — | View 990 |
| 2014 | $466K | $379K | $276K | $0 | — | View 990 |
| 2013 | $481K | $345K | $196K | $7K | — | View 990 |
| 2012 | $386K | $345K | $52K | $0 | — | View 990 |
| 2011 | $227K | $260K | $12K | $495 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $1K, and assets of $114K (revenue +2.0% year-over-year).
- 2022: Revenue of $5K, expenses of $388, and assets of $110K (revenue -49.7% year-over-year).
- 2021: Revenue of $10K, expenses of $9K, and assets of $105K (revenue +3819.8% year-over-year).
- 2020: Revenue of $257, expenses of $38K, and assets of $104K (revenue -8.2% year-over-year).
- 2019: Revenue of $280, expenses of $42K, and assets of $144K (revenue -26.5% year-over-year).
- 2018: Revenue of $381, expenses of $183K, and assets of $183K (revenue -99.6% year-over-year).
- 2017: Revenue of $101K, expenses of $68K, and assets of $366K (revenue -51.0% year-over-year).
- 2016: Revenue of $207K, expenses of $167K, and assets of $332K (revenue -55.2% year-over-year).
- 2015: Revenue of $462K, expenses of $445K, and assets of $292K (revenue -1.0% year-over-year).
- 2014: Revenue of $466K, expenses of $379K, and assets of $276K (revenue -3.1% year-over-year).
- 2013: Revenue of $481K, expenses of $345K, and assets of $196K (revenue +24.7% year-over-year).
- 2012: Revenue of $386K, expenses of $345K, and assets of $52K (revenue +70.2% year-over-year).
- 2011: Revenue of $227K, expenses of $260K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fayette Alliance Inc:
Data Sources and Methodology
This transparency report for Fayette Alliance 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.