Frankfort High School Traditions Center Inc
EIN: 474570642 · Cold Spring, KY · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $16K |
| Total Expenses | $15K |
| Net Assets | $92K |
Is Frankfort High School Traditions Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Frankfort High School Traditions Center Inc
Frankfort High School Traditions Center Inc (EIN: 474570642) is a nonprofit organization based in Cold Spring, KY, classified under NTEE code B11. The organization reported total revenue of $16K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frankfort High School Traditions Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frankfort High School Traditions Center Inc is a micro nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2016–2024). Revenue has grown at a compound annual rate of -25.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $15K |
| Surplus / Deficit | $-2,896 |
| Total Assets | $92K |
| Total Liabilities | $1 |
| Net Assets | $92K |
| Operating Margin | -24.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 74.9 months |
Financial Health Grade: B
In 2024, Frankfort High School Traditions Center Inc reported a deficit of $3K with expenses exceeding revenue, holds 74.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2016–2024), Frankfort High School Traditions Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -25.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.8% | -6.7% | -3.0% |
| 2023 | -44.1% | -28.2% | -4.1% |
| 2022 | +67.7% | +41.6% | -8.8% |
| 2018 | +83.9% | +71.2% | -2.7% |
| 2017 | -94.4% | +1.3% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Frankfort High School Traditions Center 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 High School Traditions Center 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Frankfort High School Traditions Center Inc
Is Frankfort High School Traditions Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Frankfort High School Traditions Center Inc (EIN: 474570642) insufficient data. 0 red flags identified, 0 strengths noted.
How does Frankfort High School Traditions Center Inc spend its money?
Detailed spending breakdown data is not yet available for Frankfort High School Traditions Center Inc. Check back for updated IRS 990 analysis.
Are donations to Frankfort High School Traditions Center Inc tax-deductible?
Frankfort High School Traditions Center Inc is registered as a tax-exempt nonprofit (EIN: 474570642). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Frankfort High School Traditions Center Inc located?
Frankfort High School Traditions Center Inc is headquartered in Cold Spring, Kentucky and files with the IRS under EIN 474570642. It is classified under NTEE code B11.
How many years of IRS 990 filings does Frankfort High School Traditions Center Inc have?
Frankfort High School Traditions Center Inc has 6 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 $16K in total revenue.
Filing History
IRS 990 filing history for Frankfort High School Traditions Center Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2016–2024), Frankfort High School Traditions Center Inc's revenue has declined by 90.3%, moving from $123K to $12K. Total assets decreased by 19.1% over the same period, from $114K to $92K. Total functional expenses rose by 64.5%, from $9K to $15K. In its most recent filing year (2024), Frankfort High School Traditions Center Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $92K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $92K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $12K | $15K | $92K | $1 | — | — |
| 2023 | $12K | $16K | $95K | $1 | — | View 990 |
| 2022 | $21K | $22K | $99K | $1 | — | — |
| 2018 | $13K | $16K | $109K | $0 | — | View 990 |
| 2017 | $7K | $9K | $112K | $0 | — | View 990 |
| 2016 | $123K | $9K | $114K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $12K, expenses of $15K, and assets of $92K (revenue +0.8% year-over-year).
- 2023: Revenue of $12K, expenses of $16K, and assets of $95K (revenue -44.1% year-over-year).
- 2022: Revenue of $21K, expenses of $22K, and assets of $99K (revenue +67.7% year-over-year).
- 2018: Revenue of $13K, expenses of $16K, and assets of $109K (revenue +83.9% year-over-year).
- 2017: Revenue of $7K, expenses of $9K, and assets of $112K (revenue -94.4% year-over-year).
- 2016: Revenue of $123K, expenses of $9K, and assets of $114K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frankfort High School Traditions Center Inc:
Data Sources and Methodology
This transparency report for Frankfort High School Traditions Center 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.