Kceoc Housing Corporation

Kceoc Housing Corporation consistently operates at a deficit with declining assets but reports no officer compensation.

EIN: 205917733 · Barbourville, KY · NTEE: L11 · Updated: 2026-03-28

$160KRevenue
$1.2MAssets
75/100Mission Score (Good)
L11

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Kceoc Housing Corporation Financial Summary
MetricValue
Total Revenue$160K
Total Expenses$181K
Program Spending85%
Net Assets$1.3M
Transparency Score75/100

Search Intent Cockpit

Kceoc Housing Corporation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Kceoc Housing Corporation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Kceoc Housing Corporation in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $133K and expenses of $181K.

Revenue and Expenses

Kceoc Housing Corporation reported $133K in revenue and $181K in expenses, a deficit of $47K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Kceoc Housing Corporation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Kceoc Housing Corporation Expense Deployment
Program services$154K (85%)

Across stored filings, Kceoc Housing Corporation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Kceoc Housing Corporation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Carriage Museum Of AmericaKentucky and Category L context

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Kceoc Housing Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Kceoc Housing Corporation

Kceoc Housing Corporation (EIN: 205917733) is a nonprofit organization based in Barbourville, KY, classified under NTEE code L11. The organization reported total revenue of $160K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kceoc Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Kceoc Housing Corporation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$133K
Total Expenses$181K
Surplus / Deficit$-47,446
Total Assets$1.3M
Total Liabilities$18K
Net Assets$1.3M
Operating Margin-35.6%
Debt-to-Asset Ratio1.4%
Months of Reserves85.1 months

Financial Health Grade: B

In 2023, Kceoc Housing Corporation reported a deficit of $47K with expenses exceeding revenue, holds 85.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Kceoc Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+5.6%+10.1%-3.2%
2022-0.3%+0.2%-2.4%
2021+4.0%+5.7%-2.5%
2020+2.3%-2.7%-2.6%
2019-1.2%-3.4%-2.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Kceoc Housing Corporation appears to be a stable, albeit small, housing assistance organization. Its financial health shows consistent operations with revenues generally covering a significant portion of expenses, though it has consistently operated at a deficit in recent years, with expenses exceeding revenue. For example, in 2023, expenses were $180,714 against revenues of $133,268. The organization maintains substantial assets relative to its annual revenue, indicating a solid asset base, though these assets have been gradually declining over the past decade. The organization's transparency is high regarding executive compensation, as it consistently reports 0% officer compensation, suggesting a volunteer-led or very lean administrative structure at the top. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging. The consistent operating deficits, while not immediately critical given the asset base, warrant attention. The organization's liabilities have remained relatively low and stable in recent years, which is a positive sign. The NTEE code L11 (Housing Development, Construction & Management) aligns with its name, suggesting a focused mission. Overall, Kceoc Housing Corporation demonstrates a commitment to its mission with a lean executive structure, but its long-term financial sustainability could be improved by addressing the recurring operational deficits.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kceoc Housing Corporation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Kceoc Housing Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$133KTotal Revenue
$181KTotal Expenses
$1.3MTotal Assets
$18KTotal Liabilities
$1.3MNet Assets
  • The organization reported a deficit of $47K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 1.4%.

Executive Compensation Analysis

Kceoc Housing Corporation consistently reports 0% officer compensation across all available filings, indicating a highly lean or volunteer-led executive structure, which is a strong positive for donor confidence.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Kceoc Housing Corporation's IRS 990 filings:

  • Consistent operating deficits (expenses exceeding revenue) over multiple years, e.g., $180,714 expenses vs. $133,268 revenue in 2023.
  • Gradual but consistent decline in total assets over the past decade, from $1,525,767 in 2014 to $1,281,140 in 2023.

Strengths

The following positive indicators were identified for Kceoc Housing Corporation:

  • Consistently reports 0% officer compensation, indicating a highly efficient and lean executive structure.
  • Maintains a substantial asset base ($1,281,140 in 2023) relative to its annual revenue, providing financial stability despite deficits.
  • Low and stable liabilities in recent years (e.g., $18,412 in 2023), indicating good debt management.

Frequently Asked Questions about Kceoc Housing Corporation

Is Kceoc Housing Corporation a legitimate charity?

Kceoc Housing Corporation (EIN: 205917733) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $160K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Kceoc Housing Corporation spend its money?

Kceoc Housing Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Kceoc Housing Corporation tax-deductible?

Kceoc Housing Corporation is registered as a tax-exempt nonprofit (EIN: 205917733). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Kceoc Housing Corporation's spending goes to programs?

Kceoc Housing Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Kceoc Housing Corporation compare to similar nonprofits?

With a transparency score of 75/100 (Good), Kceoc Housing Corporation is above average for NTEE category L11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Kceoc Housing Corporation located?

Kceoc Housing Corporation is headquartered in Barbourville, Kentucky and files with the IRS under EIN 205917733. It is classified under NTEE code L11.

How many years of IRS 990 filings does Kceoc Housing Corporation have?

Kceoc Housing Corporation has 13 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 $160K in total revenue.

Is Kceoc Housing Corporation financially sustainable given its consistent operating deficits?

While the organization has consistently reported expenses exceeding revenue (e.g., $180,714 expenses vs. $133,268 revenue in 2023), its substantial asset base ($1,281,140 in 2023) provides a buffer. However, this trend of operating at a deficit is not sustainable long-term without drawing down assets or increasing revenue.

What is the reason for the consistent decline in assets over the past decade?

The organization's assets have steadily decreased from $1,525,767 in 2014 to $1,281,140 in 2023. This decline is likely linked to the consistent operating deficits, where expenses exceed revenue, requiring the organization to use its existing assets to cover the shortfall.

How does Kceoc Housing Corporation manage to operate with 0% officer compensation?

Reporting 0% officer compensation suggests that the organization's top leadership either serves on a volunteer basis, or their compensation is categorized differently (e.g., as regular employee salaries if they are not considered 'officers' in the IRS definition), or the organization is very small and relies heavily on external support or other staff for operations.

Filing History

IRS 990 filing history for Kceoc Housing Corporation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Kceoc Housing Corporation's revenue has grown by 54.3%, moving from $86K to $133K. Total assets decreased by 26.2% over the same period, from $1.7M to $1.3M. Total functional expenses rose by 11.2%, from $163K to $181K. In its most recent filing year (2023), Kceoc Housing Corporation reported a deficit of $47K, with expenses exceeding revenue. The organization holds $18K in liabilities against $1.3M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $1.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $133K $181K $1.3M $18K View 990
2022 $126K $164K $1.3M $14K View 990
2021 $127K $164K $1.4M $9K View 990
2020 $122K $155K $1.4M $6K View 990
2019 $119K $159K $1.4M $10K View 990
2018 $120K $165K $1.5M $6K View 990
2017 $119K $144K $1.5M $6K View 990
2016 $111K $187K $1.4M $1.7M View 990
2015 $109K $168K $1.5M $1.7M View 990
2014 $101K $167K $1.5M $1.7M View 990
2013 $114K $169K $1.6M $1.8M View 990
2012 $95K $174K $1.7M $1.8M View 990
2011 $86K $163K $1.7M $1.8M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $133K, expenses of $181K, and assets of $1.3M (revenue +5.6% year-over-year).
  • 2022: Revenue of $126K, expenses of $164K, and assets of $1.3M (revenue -0.3% year-over-year).
  • 2021: Revenue of $127K, expenses of $164K, and assets of $1.4M (revenue +4.0% year-over-year).
  • 2020: Revenue of $122K, expenses of $155K, and assets of $1.4M (revenue +2.3% year-over-year).
  • 2019: Revenue of $119K, expenses of $159K, and assets of $1.4M (revenue -1.2% year-over-year).
  • 2018: Revenue of $120K, expenses of $165K, and assets of $1.5M (revenue +1.2% year-over-year).
  • 2017: Revenue of $119K, expenses of $144K, and assets of $1.5M (revenue +7.7% year-over-year).
  • 2016: Revenue of $111K, expenses of $187K, and assets of $1.4M (revenue +1.6% year-over-year).
  • 2015: Revenue of $109K, expenses of $168K, and assets of $1.5M (revenue +8.1% year-over-year).
  • 2014: Revenue of $101K, expenses of $167K, and assets of $1.5M (revenue -11.9% year-over-year).
  • 2013: Revenue of $114K, expenses of $169K, and assets of $1.6M (revenue +20.8% year-over-year).
  • 2012: Revenue of $95K, expenses of $174K, and assets of $1.7M (revenue +9.5% year-over-year).
  • 2011: Revenue of $86K, expenses of $163K, and assets of $1.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Kceoc Housing Corporation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Kceoc Housing Corporation 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.

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