Frankfort Bourbon Society Inc
EIN: 822313387 · Frankfort, KY · NTEE: N50
About Frankfort Bourbon Society Inc
Frankfort Bourbon Society Inc (EIN: 822313387) is a nonprofit organization based in Frankfort, KY, classified under NTEE code N50. The organization reported total revenue of $30K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frankfort Bourbon Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Frankfort Bourbon Society 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 Frankfort Bourbon Society 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.
Filing History
IRS 990 filing history for Frankfort Bourbon Society Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Frankfort Bourbon Society Inc's revenue has declined by 57.9%, moving from $72K to $30K. Total assets increased by 23.1% over the same period, from $11K to $13K. Total functional expenses fell by 68.1%, from $100K to $32K. In its most recent filing year (2024), Frankfort Bourbon Society Inc reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $30K | $32K | $13K | $0 | — | — |
| 2023 | $46K | $42K | $14K | $0 | — | View 990 |
| 2022 | $72K | $100K | $11K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $30K, expenses of $32K, and assets of $13K (revenue -33.9% year-over-year).
- 2023: Revenue of $46K, expenses of $42K, and assets of $14K (revenue -36.3% year-over-year).
- 2022: Revenue of $72K, expenses of $100K, and assets of $11K.
Data Sources and Methodology
This transparency report for Frankfort Bourbon Society 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.