Institute 193
EIN: 271871255 · Lexington, KY · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $206K |
| Total Expenses | $155K |
| Net Assets | $110K |
Is Institute 193 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Institute 193
Institute 193 (EIN: 271871255) is a nonprofit organization based in Lexington, KY, classified under NTEE code A25. The organization reported total revenue of $206K and total assets of $168K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute 193's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute 193 is a small nonprofit that has been operating for 16 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $177K |
| Total Expenses | $155K |
| Surplus / Deficit | +$22K |
| Total Assets | $201K |
| Total Liabilities | $91K |
| Net Assets | $110K |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 45.3% |
| Months of Reserves | 15.5 months |
Financial Health Grade: A
In 2023, Institute 193 reported a surplus of $22K with revenue exceeding expenses, holds 15.5 months of operating reserves (strong position), has a debt-to-asset ratio of 45.3% (moderate leverage).
Financial Trends
Over 6 years of filings (2018–2023), Institute 193's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.4% | +6.8% | +6.2% |
| 2022 | -23.4% | -20.1% | +250.9% |
| 2021 | +4.2% | +0.4% | -7.0% |
| 2020 | -38.6% | -42.1% | +151.0% |
| 2019 | +101.7% | +149.9% | +72.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Institute 193 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 Institute 193 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:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.3%.
Frequently Asked Questions about Institute 193
Is Institute 193 a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute 193 (EIN: 271871255) insufficient data. 0 red flags identified, 0 strengths noted.
How does Institute 193 spend its money?
Detailed spending breakdown data is not yet available for Institute 193. Check back for updated IRS 990 analysis.
Are donations to Institute 193 tax-deductible?
Institute 193 is registered as a tax-exempt nonprofit (EIN: 271871255). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Institute 193 located?
Institute 193 is headquartered in Lexington, Kentucky and files with the IRS under EIN 271871255. It is classified under NTEE code A25.
How many years of IRS 990 filings does Institute 193 have?
Institute 193 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 $206K in total revenue.
Filing History
IRS 990 filing history for Institute 193 showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Institute 193's revenue has grown by 28%, moving from $138K to $177K. Total assets increased by 1395.6% over the same period, from $13K to $201K. Total functional expenses rose by 24.1%, from $125K to $155K. In its most recent filing year (2023), Institute 193 reported a surplus of $22K, with revenue exceeding expenses. The organization holds $91K in liabilities against $201K in assets (debt-to-asset ratio: 45.3%), resulting in net assets of $110K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $177K | $155K | $201K | $91K | — | — |
| 2022 | $137K | $145K | $189K | $101K | — | — |
| 2021 | $178K | $181K | $54K | $83K | — | View 990 |
| 2020 | $171K | $181K | $58K | $84K | — | — |
| 2019 | $279K | $312K | $23K | $40K | — | View 990 |
| 2018 | $138K | $125K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $177K, expenses of $155K, and assets of $201K (revenue +29.4% year-over-year).
- 2022: Revenue of $137K, expenses of $145K, and assets of $189K (revenue -23.4% year-over-year).
- 2021: Revenue of $178K, expenses of $181K, and assets of $54K (revenue +4.2% year-over-year).
- 2020: Revenue of $171K, expenses of $181K, and assets of $58K (revenue -38.6% year-over-year).
- 2019: Revenue of $279K, expenses of $312K, and assets of $23K (revenue +101.7% year-over-year).
- 2018: Revenue of $138K, expenses of $125K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute 193:
Data Sources and Methodology
This transparency report for Institute 193 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.