Harrodsburg First Inc
EIN: 611246455 · Harrodsburg, KY · NTEE: A54
| Metric | Value |
|---|---|
| Total Revenue | $54K |
| Total Expenses | $72K |
| Net Assets | $14K |
Is Harrodsburg First Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Harrodsburg First Inc
Harrodsburg First Inc (EIN: 611246455) is a nonprofit organization based in Harrodsburg, KY, classified under NTEE code A54. The organization reported total revenue of $54K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harrodsburg First Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harrodsburg First Inc is a micro nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $54K |
| Total Expenses | $72K |
| Surplus / Deficit | $-18,764 |
| Total Assets | $17K |
| Total Liabilities | $3K |
| Net Assets | $14K |
| Operating Margin | -35.0% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2016, Harrodsburg First Inc reported a deficit of $19K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2016), Harrodsburg First Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -6.7% | +6.5% | -52.8% |
| 2015 | -7.3% | +2.3% | -22.2% |
| 2014 | +6.1% | +6.4% | -7.2% |
| 2013 | +5.2% | +22.7% | -7.2% |
| 2012 | -11.8% | -20.6% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Harrodsburg First 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 Harrodsburg First 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.6%.
Frequently Asked Questions about Harrodsburg First Inc
Is Harrodsburg First Inc a legitimate charity?
Harrodsburg First Inc (EIN: 611246455) is a registered tax-exempt nonprofit based in Kentucky. It has 6 years of IRS 990 filings on record. Total revenue: $54K. No red flags identified. Financial health grade: C.
How does Harrodsburg First Inc spend its money?
Harrodsburg First Inc reported $54K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Harrodsburg First Inc tax-deductible?
Harrodsburg First Inc is registered as a tax-exempt nonprofit (EIN: 611246455). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Harrodsburg First Inc located?
Harrodsburg First Inc is headquartered in Harrodsburg, Kentucky and files with the IRS under EIN 611246455. It is classified under NTEE code A54.
How many years of IRS 990 filings does Harrodsburg First Inc have?
Harrodsburg First 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 $54K in total revenue.
Filing History
IRS 990 filing history for Harrodsburg First Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Harrodsburg First Inc's revenue has declined by 14.9%, moving from $63K to $54K. Total assets decreased by 65.7% over the same period, from $49K to $17K. Total functional expenses rose by 12.9%, from $64K to $72K. In its most recent filing year (2016), Harrodsburg First Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $3K in liabilities against $17K in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $54K | $72K | $17K | $3K | — | — |
| 2015 | $57K | $68K | $35K | $3K | — | View 990 |
| 2014 | $62K | $66K | $46K | $2K | — | View 990 |
| 2013 | $58K | $62K | $49K | $1K | — | View 990 |
| 2012 | $56K | $51K | $53K | $1K | — | View 990 |
| 2011 | $63K | $64K | $49K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $54K, expenses of $72K, and assets of $17K (revenue -6.7% year-over-year).
- 2015: Revenue of $57K, expenses of $68K, and assets of $35K (revenue -7.3% year-over-year).
- 2014: Revenue of $62K, expenses of $66K, and assets of $46K (revenue +6.1% year-over-year).
- 2013: Revenue of $58K, expenses of $62K, and assets of $49K (revenue +5.2% year-over-year).
- 2012: Revenue of $56K, expenses of $51K, and assets of $53K (revenue -11.8% year-over-year).
- 2011: Revenue of $63K, expenses of $64K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harrodsburg First Inc:
Data Sources and Methodology
This transparency report for Harrodsburg First 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.