Fort Thomas Independent Pto
Fort Thomas Independent PTO shows fluctuating revenues and expenses, with recent deficit spending but no officer compensation.
EIN: 208356539 · Fort Thomas, KY · NTEE: B94 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $368K |
| Total Expenses | $297K |
| Program Spending | 90% |
| Net Assets | $191K |
| Transparency Score | 85/100 |
Is Fort Thomas Independent Pto Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fort Thomas Independent Pto directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fort Thomas Independent Pto
Fort Thomas Independent Pto (EIN: 208356539) is a nonprofit organization based in Fort Thomas, KY, classified under NTEE code B94. The organization reported total revenue of $368K and total assets of $266K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Thomas Independent Pto's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fort Thomas Independent Pto is a small nonprofit that has been operating for 10 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $238K |
| Total Expenses | $297K |
| Surplus / Deficit | $-59,810 |
| Total Assets | $191K |
| Net Assets | $191K |
| Operating Margin | -25.2% |
| Months of Reserves | 7.7 months |
Financial Health Grade: B
In 2023, Fort Thomas Independent Pto reported a deficit of $60K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Fort Thomas Independent Pto's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.4% | +34.7% | -22.6% |
| 2022 | +148.4% | +37.9% | +0.5% |
| 2021 | -46.2% | -9.3% | -21.8% |
| 2020 | -7.9% | -10.9% | -2.7% |
| 2019 | -1.6% | -13.5% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Fort Thomas Independent Pto 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, Fort Thomas Independent Pto 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:
- The organization reported a deficit of $60K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is typical for a PTO and ensures all funds are directed to its mission.
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 Fort Thomas Independent Pto's IRS 990 filings:
- Consistent deficit spending in recent periods (e.g., 2023 expenses $297,479 vs. revenue $237,669)
- Declining asset base over the past several years (from $377,130 in 2017 to $190,636 in 2023)
Strengths
The following positive indicators were identified for Fort Thomas Independent Pto:
- Zero officer compensation reported across all filings, indicating volunteer leadership
- Consistently reports zero liabilities, suggesting strong financial management of debt
- Long operational history with consistent IRS 990 filings (12 filings)
- Significant increase in latest reported revenue ($367,502) compared to previous periods
Frequently Asked Questions about Fort Thomas Independent Pto
Is Fort Thomas Independent Pto a legitimate charity?
Based on AI analysis of IRS 990 filings, Fort Thomas Independent Pto (EIN: 208356539) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Fort Thomas Independent Pto spend its money?
Fort Thomas Independent Pto directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fort Thomas Independent Pto tax-deductible?
Fort Thomas Independent Pto is registered as a tax-exempt nonprofit (EIN: 208356539). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fort Thomas Independent Pto's spending goes to programs?
Fort Thomas Independent Pto directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fort Thomas Independent Pto compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Fort Thomas Independent Pto is above average for NTEE category B94 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fort Thomas Independent Pto located?
Fort Thomas Independent Pto is headquartered in Fort Thomas, Kentucky and files with the IRS under EIN 208356539. It is classified under NTEE code B94.
How many years of IRS 990 filings does Fort Thomas Independent Pto have?
Fort Thomas Independent Pto has 12 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 $368K in total revenue.
Is Fort Thomas Independent PTO a good charity?
Based on the available data, Fort Thomas Independent PTO appears to be a well-managed organization, particularly given its consistent reporting of zero officer compensation and zero liabilities. While it has experienced periods of deficit spending, its primary focus as a PTO suggests direct benefit to the school community. The lack of detailed expense breakdowns makes a definitive 'good charity' assessment challenging without further information on program impact.
What caused the significant revenue increase in the latest period?
The provided data shows the latest revenue as $367,502, which is significantly higher than the $237,669 reported for the 202306 period. Without further context or a more recent filing, it's unclear what specific factors contributed to this substantial increase beyond the 2023 filing period.
Why have expenses exceeded revenue in recent years?
Expenses exceeded revenue in 2023 ($297,479 vs. $237,669) and 2021 ($160,153 vs. $91,650). This could be due to increased program activities, one-time expenditures, or a temporary dip in fundraising. The organization's assets have also decreased from a high of $377,130 in 2017 to $190,636 in 2023, suggesting it may be drawing down reserves to cover operational costs.
Filing History
IRS 990 filing history for Fort Thomas Independent Pto showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Fort Thomas Independent Pto's revenue has grown by 44.9%, moving from $164K to $238K. Total assets decreased by 30.5% over the same period, from $274K to $191K. Total functional expenses rose by 125.8%, from $132K to $297K. In its most recent filing year (2023), Fort Thomas Independent Pto reported a deficit of $60K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $297K | $191K | $0 | — | View 990 |
| 2022 | $228K | $221K | $246K | $0 | — | View 990 |
| 2021 | $92K | $160K | $245K | $0 | — | View 990 |
| 2020 | $170K | $177K | $314K | $0 | — | View 990 |
| 2019 | $185K | $198K | $323K | $0 | — | View 990 |
| 2018 | $188K | $229K | $336K | $0 | — | View 990 |
| 2017 | $197K | $186K | $377K | $0 | — | View 990 |
| 2016 | $195K | $121K | $362K | $0 | — | View 990 |
| 2015 | $195K | $140K | $288K | $0 | — | View 990 |
| 2014 | $172K | $130K | $224K | $0 | — | View 990 |
| 2012 | $145K | $142K | $277K | $0 | — | View 990 |
| 2011 | $164K | $132K | $274K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $297K, and assets of $191K (revenue +4.4% year-over-year).
- 2022: Revenue of $228K, expenses of $221K, and assets of $246K (revenue +148.4% year-over-year).
- 2021: Revenue of $92K, expenses of $160K, and assets of $245K (revenue -46.2% year-over-year).
- 2020: Revenue of $170K, expenses of $177K, and assets of $314K (revenue -7.9% year-over-year).
- 2019: Revenue of $185K, expenses of $198K, and assets of $323K (revenue -1.6% year-over-year).
- 2018: Revenue of $188K, expenses of $229K, and assets of $336K (revenue -4.5% year-over-year).
- 2017: Revenue of $197K, expenses of $186K, and assets of $377K (revenue +0.7% year-over-year).
- 2016: Revenue of $195K, expenses of $121K, and assets of $362K (revenue +0.1% year-over-year).
- 2015: Revenue of $195K, expenses of $140K, and assets of $288K (revenue +13.5% year-over-year).
- 2014: Revenue of $172K, expenses of $130K, and assets of $224K (revenue +18.5% year-over-year).
- 2012: Revenue of $145K, expenses of $142K, and assets of $277K (revenue -11.5% year-over-year).
- 2011: Revenue of $164K, expenses of $132K, and assets of $274K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fort Thomas Independent Pto:
Data Sources and Methodology
This transparency report for Fort Thomas Independent Pto 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.