Katherines Bright Beginning Academy Inc
EIN: 461580584 · Sallis, MS · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $85K |
| Net Assets | $47K |
Is Katherines Bright Beginning Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Katherines Bright Beginning Academy Inc
Katherines Bright Beginning Academy Inc (EIN: 461580584) is a nonprofit organization based in Sallis, MS, classified under NTEE code P33. The organization reported total revenue of $174K and total assets of $103K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Katherines Bright Beginning Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Katherines Bright Beginning Academy Inc is a small nonprofit that has been operating for 11 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $85K |
| Surplus / Deficit | +$30K |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | 25.9% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, Katherines Bright Beginning Academy Inc reported a surplus of $30K with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position).
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 Katherines Bright Beginning Academy 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 Katherines Bright Beginning Academy 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:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
Frequently Asked Questions about Katherines Bright Beginning Academy Inc
Is Katherines Bright Beginning Academy Inc a legitimate charity?
Katherines Bright Beginning Academy Inc (EIN: 461580584) is a registered tax-exempt nonprofit based in Mississippi. Total revenue: $174K. No red flags identified. Financial health grade: A.
How does Katherines Bright Beginning Academy Inc spend its money?
Katherines Bright Beginning Academy Inc reported $174K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Katherines Bright Beginning Academy Inc tax-deductible?
Katherines Bright Beginning Academy Inc is registered as a tax-exempt nonprofit (EIN: 461580584). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Katherines Bright Beginning Academy Inc located?
Katherines Bright Beginning Academy Inc is headquartered in Sallis, Mississippi and files with the IRS under EIN 461580584. It is classified under NTEE code P33.
Filing History
IRS 990 filing history for Katherines Bright Beginning Academy Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Katherines Bright Beginning Academy Inc reported a surplus of $30K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $115K | $85K | $47K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Katherines Bright Beginning Academy Inc:
Data Sources and Methodology
This transparency report for Katherines Bright Beginning Academy 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.