Friends Of The Lexington Mounted Police Inc
EIN: 262016032 · Lexington, KY · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $7K |
| Net Assets | $44K |
Is Friends Of The Lexington Mounted Police Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of The Lexington Mounted Police Inc
Friends Of The Lexington Mounted Police Inc (EIN: 262016032) is a nonprofit organization based in Lexington, KY, classified under NTEE code L20. The organization reported total revenue of $74K and total assets of $89K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Lexington Mounted Police Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Lexington Mounted Police Inc is a micro nonprofit that has been operating for 18 years, with 2 years of IRS 990 filings on record (2022–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -113.5% | -57.0% | -22.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of The Lexington Mounted Police 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 Friends Of The Lexington Mounted Police 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 (2023)
From the most recent IRS 990 filing on record:
Frequently Asked Questions about Friends Of The Lexington Mounted Police Inc
Is Friends Of The Lexington Mounted Police Inc a legitimate charity?
Friends Of The Lexington Mounted Police Inc (EIN: 262016032) is a registered tax-exempt nonprofit based in Kentucky. It has 2 years of IRS 990 filings on record. Total revenue: $74K. No red flags identified. Financial health grade: B.
How does Friends Of The Lexington Mounted Police Inc spend its money?
Friends Of The Lexington Mounted Police Inc reported $74K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friends Of The Lexington Mounted Police Inc tax-deductible?
Friends Of The Lexington Mounted Police Inc is registered as a tax-exempt nonprofit (EIN: 262016032). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of The Lexington Mounted Police Inc located?
Friends Of The Lexington Mounted Police Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 262016032. It is classified under NTEE code L20.
How many years of IRS 990 filings does Friends Of The Lexington Mounted Police Inc have?
Friends Of The Lexington Mounted Police Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $74K in total revenue.
Filing History
IRS 990 filing history for Friends Of The Lexington Mounted Police Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Friends Of The Lexington Mounted Police Inc's revenue has declined by 113.5%, moving from $40K to $-5,362. Total assets decreased by 22.6% over the same period, from $56K to $44K. Total functional expenses fell by 57%, from $17K to $7K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-5,362 | $7K | $44K | $0 | — | View 990 |
| 2022 | $40K | $17K | $56K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Lexington Mounted Police Inc:
Data Sources and Methodology
This transparency report for Friends Of The Lexington Mounted Police 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.