Health Kentucky Inc
EIN: 311116601 · Versailles, KY
| Metric | Value |
|---|---|
| Total Expenses | $86K |
| Net Assets | $203K |
Is Health Kentucky Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Health Kentucky Inc
Health Kentucky Inc (EIN: 311116601) is a nonprofit organization based in Versailles, KY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health Kentucky Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health Kentucky Inc is a small nonprofit, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $104K |
| Total Expenses | $86K |
| Surplus / Deficit | +$18K |
| Total Assets | $203K |
| Total Liabilities | $1 |
| Net Assets | $203K |
| Operating Margin | 17.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 28.2 months |
Financial Health Grade: A
In 2018, Health Kentucky Inc reported a surplus of $18K with revenue exceeding expenses, holds 28.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2012–2018), Health Kentucky Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -0.4% | -2.7% | +9.9% |
| 2017 | -14.7% | +0.1% | +9.7% |
| 2016 | +10.6% | -8.0% | +25.8% |
| 2015 | +13.5% | +11.2% | +12.6% |
| 2014 | -20.9% | -20.4% | +10.7% |
AI Analysis Pending
AI enrichment for Health Kentucky 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 Health Kentucky 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Health Kentucky Inc
Is Health Kentucky Inc a legitimate charity?
Health Kentucky Inc (EIN: 311116601) is a registered tax-exempt nonprofit based in Kentucky. It has 7 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Health Kentucky Inc spend its money?
Health Kentucky Inc reported its financials in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Health Kentucky Inc tax-deductible?
Health Kentucky Inc is registered as a tax-exempt nonprofit (EIN: 311116601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Health Kentucky Inc located?
Health Kentucky Inc is headquartered in Versailles, Kentucky and files with the IRS under EIN 311116601.
How many years of IRS 990 filings does Health Kentucky Inc have?
Health Kentucky Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Health Kentucky Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Health Kentucky Inc's revenue has declined by 20.9%, moving from $132K to $104K. Total assets increased by 120.4% over the same period, from $92K to $203K. Total functional expenses fell by 34.2%, from $131K to $86K. In its most recent filing year (2018), Health Kentucky Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $1 in liabilities against $203K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $203K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $104K | $86K | $203K | $1 | — | — |
| 2017 | $105K | $89K | $184K | $1 | — | View 990 |
| 2016 | $123K | $89K | $168K | $1 | — | View 990 |
| 2015 | $111K | $96K | $134K | $1 | — | View 990 |
| 2014 | $98K | $87K | $119K | $1 | — | View 990 |
| 2013 | $124K | $109K | $107K | $2 | — | View 990 |
| 2012 | $132K | $131K | $92K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $104K, expenses of $86K, and assets of $203K (revenue -0.4% year-over-year).
- 2017: Revenue of $105K, expenses of $89K, and assets of $184K (revenue -14.7% year-over-year).
- 2016: Revenue of $123K, expenses of $89K, and assets of $168K (revenue +10.6% year-over-year).
- 2015: Revenue of $111K, expenses of $96K, and assets of $134K (revenue +13.5% year-over-year).
- 2014: Revenue of $98K, expenses of $87K, and assets of $119K (revenue -20.9% year-over-year).
- 2013: Revenue of $124K, expenses of $109K, and assets of $107K (revenue -6.1% year-over-year).
- 2012: Revenue of $132K, expenses of $131K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health Kentucky Inc:
Data Sources and Methodology
This transparency report for Health Kentucky 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.