Keeping It Real Loving Caring Sharing In The Neighborhood Instit
Louisville nonprofit's assets plummet from $388K to $6.8K over five years despite revenue growth.
EIN: 141889913 · Louisville, KY · NTEE: Z99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $276K |
| Total Expenses | $334K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $300,000. |
| Net Assets | $7K |
| Transparency Score | 65/100 |
Is Keeping It Real Loving Caring Sharing In The Neighborhood Instit Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Keeping It Real Loving Caring Sharing In The Neighborhood Instit directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Keeping It Real Loving Caring Sharing In The Neighborhood Instit
Keeping It Real Loving Caring Sharing In The Neighborhood Instit (EIN: 141889913) is a nonprofit organization based in Louisville, KY, classified under NTEE code Z99. The organization reported total revenue of $276K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keeping It Real Loving Caring Sharing In The Neighborhood Instit's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keeping It Real Loving Caring Sharing In The Neighborhood Instit is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $341K |
| Total Expenses | $334K |
| Surplus / Deficit | +$7K |
| Total Assets | $7K |
| Net Assets | $7K |
| Operating Margin | 2.0% |
| Months of Reserves | 0.2 months |
Financial Health Grade: A
In 2023, Keeping It Real Loving Caring Sharing In The Neighborhood Instit reported a surplus of $7K with revenue exceeding expenses, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Keeping It Real Loving Caring Sharing In The Neighborhood Instit's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +170.8% | +123.4% | -73.3% |
| 2022 | -15.0% | +12.9% | -48.2% |
| 2021 | -27.4% | -22.2% | +46.4% |
| 2020 | +61.7% | +250.6% | -91.3% |
| 2019 | +111.3% | -20.9% | +25.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Keeping It Real Loving Caring Sharing In The Neighborhood Instit with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Keeping It Real Loving Caring Sharing In The Neighborhood Instit allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not receiving salaries, which is highly unusual for an organization with revenues reaching over $300,000.
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 Keeping It Real Loving Caring Sharing In The Neighborhood Instit's IRS 990 filings:
- Dramatic decline in assets from $388,695 in 2019 to $6,810 in 2023, raising questions about financial management.
- Significant year-over-year fluctuations in revenue and expenses, indicating potential instability in funding or operations.
- Lack of detailed expense breakdown (program, admin, fundraising) in the summary data, hindering a full assessment of spending efficiency.
- Consistent 0% officer compensation for an organization with revenues over $300,000, which is unusual and warrants further inquiry into operational structure.
Strengths
The following positive indicators were identified for Keeping It Real Loving Caring Sharing In The Neighborhood Instit:
- Consistently reports zero liabilities, indicating no outstanding debt.
- Positive net income in the latest filing period (2023), showing current operational solvency.
- Consistent filing of IRS Form 990s, demonstrating a commitment to transparency.
- No reported officer compensation, which could indicate a highly volunteer-driven model and efficient use of funds if programs are effectively delivered.
Frequently Asked Questions about Keeping It Real Loving Caring Sharing In The Neighborhood Instit
Is Keeping It Real Loving Caring Sharing In The Neighborhood Instit a legitimate charity?
Keeping It Real Loving Caring Sharing In The Neighborhood Instit (EIN: 141889913) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $276K. 4 red flags identified. 4 strengths noted. Financial health grade: A.
How does Keeping It Real Loving Caring Sharing In The Neighborhood Instit spend its money?
Keeping It Real Loving Caring Sharing In The Neighborhood Instit directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Keeping It Real Loving Caring Sharing In The Neighborhood Instit tax-deductible?
Keeping It Real Loving Caring Sharing In The Neighborhood Instit is registered as a tax-exempt nonprofit (EIN: 141889913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Keeping It Real Loving Caring Sharing In The Neighborhood Instit CEO make?
Keeping It Real Loving Caring Sharing In The Neighborhood Instit's highest-compensated officer earns $300,000. annually. The organization reported $276K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Keeping It Real Loving Caring Sharing In The Neighborhood Instit's spending goes to programs?
Keeping It Real Loving Caring Sharing In The Neighborhood Instit directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Keeping It Real Loving Caring Sharing In The Neighborhood Instit compare to similar nonprofits?
With a transparency score of 65/100 (Good), Keeping It Real Loving Caring Sharing In The Neighborhood Instit is above average for NTEE category Z99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Keeping It Real Loving Caring Sharing In The Neighborhood Instit located?
Keeping It Real Loving Caring Sharing In The Neighborhood Instit is headquartered in Louisville, Kentucky and files with the IRS under EIN 141889913. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Keeping It Real Loving Caring Sharing In The Neighborhood Instit have?
Keeping It Real Loving Caring Sharing In The Neighborhood Instit 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 $276K in total revenue.
Why have the organization's assets decreased so dramatically from $388,695 in 2019 to $6,810 in 2023?
The provided data does not specify the reasons for the asset decline. This would require reviewing the full 990 forms for detailed balance sheet changes and explanations.
How does the organization manage its programs and operations with 0% officer compensation?
The consistent 0% officer compensation suggests that leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation, which is unusual for an organization of this size and revenue.
What is the breakdown of program, administrative, and fundraising expenses?
The provided summary data only includes total expenses. A detailed breakdown would require examining the full IRS Form 990, Part IX, Statement of Functional Expenses.
What caused the significant fluctuations in annual revenue and expenses?
The data shows substantial year-over-year changes in revenue and expenses (e.g., revenue from $126,025 in 2022 to $341,265 in 2023). This could be due to grant cycles, specific project funding, or changes in fundraising capacity, but the exact causes are not detailed in the summary.
Filing History
IRS 990 filing history for Keeping It Real Loving Caring Sharing In The Neighborhood Instit showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Keeping It Real Loving Caring Sharing In The Neighborhood Instit's revenue has grown by 119.3%, moving from $156K to $341K. Total assets increased by 280% over the same period, from $2K to $7K. Total functional expenses rose by 118.3%, from $153K to $334K. In its most recent filing year (2023), Keeping It Real Loving Caring Sharing In The Neighborhood Instit reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $341K | $334K | $7K | $0 | — | — |
| 2022 | $126K | $150K | $26K | $0 | — | View 990 |
| 2021 | $148K | $133K | $49K | $0 | — | View 990 |
| 2020 | $204K | $171K | $34K | $0 | — | — |
| 2019 | $126K | $49K | $389K | $0 | — | View 990 |
| 2018 | $60K | $61K | $311K | $0 | — | View 990 |
| 2017 | $175K | $170K | $313K | $0 | — | View 990 |
| 2016 | $178K | $121K | $308K | $0 | — | View 990 |
| 2015 | $346K | $204K | $250K | $0 | — | View 990 |
| 2014 | $2K | $0 | $108K | $0 | — | View 990 |
| 2013 | $194K | $193K | $106K | $0 | — | View 990 |
| 2012 | $282K | $180K | $105K | $0 | — | View 990 |
| 2011 | $156K | $153K | $2K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $341K, expenses of $334K, and assets of $7K (revenue +170.8% year-over-year).
- 2022: Revenue of $126K, expenses of $150K, and assets of $26K (revenue -15.0% year-over-year).
- 2021: Revenue of $148K, expenses of $133K, and assets of $49K (revenue -27.4% year-over-year).
- 2020: Revenue of $204K, expenses of $171K, and assets of $34K (revenue +61.7% year-over-year).
- 2019: Revenue of $126K, expenses of $49K, and assets of $389K (revenue +111.3% year-over-year).
- 2018: Revenue of $60K, expenses of $61K, and assets of $311K (revenue -65.8% year-over-year).
- 2017: Revenue of $175K, expenses of $170K, and assets of $313K (revenue -1.9% year-over-year).
- 2016: Revenue of $178K, expenses of $121K, and assets of $308K (revenue -48.5% year-over-year).
- 2015: Revenue of $346K, expenses of $204K, and assets of $250K (revenue +22981.4% year-over-year).
- 2014: Revenue of $2K, expenses of $0, and assets of $108K (revenue -99.2% year-over-year).
- 2013: Revenue of $194K, expenses of $193K, and assets of $106K (revenue -31.1% year-over-year).
- 2012: Revenue of $282K, expenses of $180K, and assets of $105K (revenue +81.3% year-over-year).
- 2011: Revenue of $156K, expenses of $153K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keeping It Real Loving Caring Sharing In The Neighborhood Instit:
Data Sources and Methodology
This transparency report for Keeping It Real Loving Caring Sharing In The Neighborhood Instit 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.