Fayette County Bar Association
EIN: 237090276 · Lexington, KY
| Metric | Value |
|---|---|
| Total Revenue | $250K |
| Total Expenses | $252K |
| Net Assets | $155K |
Is Fayette County Bar Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fayette County Bar Association
Fayette County Bar Association (EIN: 237090276) is a nonprofit organization based in Lexington, KY. The organization reported total revenue of $250K and total assets of $267K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fayette County Bar Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fayette County Bar Association is a small nonprofit that has been operating for 55 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $246K |
| Total Expenses | $252K |
| Surplus / Deficit | $-6,017 |
| Total Assets | $267K |
| Total Liabilities | $112K |
| Net Assets | $155K |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 41.9% |
| Months of Reserves | 12.8 months |
Financial Health Grade: B
In 2024, Fayette County Bar Association reported a deficit of $6K with expenses exceeding revenue, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 41.9% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Fayette County Bar Association's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +12.8% | -6.9% | +26.1% |
| 2023 | +7.2% | +15.7% | -17.0% |
| 2022 | -4.4% | +7.8% | -20.4% |
| 2021 | -9.8% | -22.6% | +43.6% |
| 2020 | +17.0% | +7.9% | -19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fayette County Bar Association 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 Fayette County Bar Association 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.9%.
Frequently Asked Questions about Fayette County Bar Association
Is Fayette County Bar Association a legitimate charity?
Fayette County Bar Association (EIN: 237090276) is a registered tax-exempt nonprofit based in Kentucky. It has 14 years of IRS 990 filings on record. Total revenue: $250K. No red flags identified. Financial health grade: B.
How does Fayette County Bar Association spend its money?
Fayette County Bar Association reported $250K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fayette County Bar Association tax-deductible?
Fayette County Bar Association is registered as a tax-exempt nonprofit (EIN: 237090276). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fayette County Bar Association located?
Fayette County Bar Association is headquartered in Lexington, Kentucky and files with the IRS under EIN 237090276.
How many years of IRS 990 filings does Fayette County Bar Association have?
Fayette County Bar Association has 14 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 $250K in total revenue.
Filing History
IRS 990 filing history for Fayette County Bar Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Fayette County Bar Association's revenue has declined by 9.8%, moving from $272K to $246K. Total assets decreased by 53.3% over the same period, from $573K to $267K. Total functional expenses fell by 8.4%, from $275K to $252K. In its most recent filing year (2024), Fayette County Bar Association reported a deficit of $6K, with expenses exceeding revenue. The organization holds $112K in liabilities against $267K in assets (debt-to-asset ratio: 41.9%), resulting in net assets of $155K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $246K | $252K | $267K | $112K | — | — |
| 2023 | $218K | $270K | $212K | $57K | — | View 990 |
| 2022 | $203K | $233K | $256K | $41K | — | View 990 |
| 2021 | $213K | $217K | $321K | $62K | — | View 990 |
| 2020 | $236K | $280K | $223K | $0 | — | View 990 |
| 2019 | $201K | $259K | $276K | $0 | — | View 990 |
| 2018 | $273K | $269K | $322K | $0 | — | — |
| 2017 | $205K | $296K | $318K | $0 | — | View 990 |
| 2016 | $280K | $243K | $410K | $740 | — | View 990 |
| 2015 | $422K | $256K | $730K | $358K | — | View 990 |
| 2014 | $288K | $270K | $679K | $356K | — | View 990 |
| 2013 | $328K | $255K | $667K | $362K | — | View 990 |
| 2012 | $290K | $274K | $537K | $305K | — | View 990 |
| 2011 | $272K | $275K | $573K | $357K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $246K, expenses of $252K, and assets of $267K (revenue +12.8% year-over-year).
- 2023: Revenue of $218K, expenses of $270K, and assets of $212K (revenue +7.2% year-over-year).
- 2022: Revenue of $203K, expenses of $233K, and assets of $256K (revenue -4.4% year-over-year).
- 2021: Revenue of $213K, expenses of $217K, and assets of $321K (revenue -9.8% year-over-year).
- 2020: Revenue of $236K, expenses of $280K, and assets of $223K (revenue +17.0% year-over-year).
- 2019: Revenue of $201K, expenses of $259K, and assets of $276K (revenue -26.4% year-over-year).
- 2018: Revenue of $273K, expenses of $269K, and assets of $322K (revenue +33.2% year-over-year).
- 2017: Revenue of $205K, expenses of $296K, and assets of $318K (revenue -26.7% year-over-year).
- 2016: Revenue of $280K, expenses of $243K, and assets of $410K (revenue -33.6% year-over-year).
- 2015: Revenue of $422K, expenses of $256K, and assets of $730K (revenue +46.7% year-over-year).
- 2014: Revenue of $288K, expenses of $270K, and assets of $679K (revenue -12.3% year-over-year).
- 2013: Revenue of $328K, expenses of $255K, and assets of $667K (revenue +13.2% year-over-year).
- 2012: Revenue of $290K, expenses of $274K, and assets of $537K (revenue +6.4% year-over-year).
- 2011: Revenue of $272K, expenses of $275K, and assets of $573K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fayette County Bar Association:
Data Sources and Methodology
This transparency report for Fayette County Bar Association 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.