Kentucky Alternative Livestock Association Inc
Kentucky Alternative Livestock Association Inc shows strong revenue growth and no executive compensation.
EIN: 208015362 · Hodgenville, KY · NTEE: K26 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $82K |
| Total Expenses | $55K |
| Program Spending | 90% |
| Net Assets | $127K |
| Transparency Score | 92/100 |
Is Kentucky Alternative Livestock Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kentucky Alternative Livestock Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kentucky Alternative Livestock Association Inc
Kentucky Alternative Livestock Association Inc (EIN: 208015362) is a nonprofit organization based in Hodgenville, KY, classified under NTEE code K26. The organization reported total revenue of $82K and total assets of $114K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kentucky Alternative Livestock Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kentucky Alternative Livestock Association Inc is a micro nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 79.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $55K |
| Surplus / Deficit | +$14K |
| Total Assets | $127K |
| Net Assets | $127K |
| Operating Margin | 20.7% |
| Months of Reserves | 27.9 months |
Financial Health Grade: A
In 2023, Kentucky Alternative Livestock Association Inc reported a surplus of $14K with revenue exceeding expenses, holds 27.9 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2020–2023), Kentucky Alternative Livestock Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 79.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +482.2% | +437.5% | +1414.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2023 |
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 Kentucky Alternative Livestock Association Inc with a Mission Score of 92 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Kentucky Alternative Livestock Association Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $14K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation was reported in either the 2020 or 2023 filings, indicating a volunteer-led organization, which is highly efficient for an organization of its size.
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.
Strengths
The following positive indicators were identified for Kentucky Alternative Livestock Association Inc:
- Significant revenue growth from $11,858 in 2020 to $69,039 in 2023.
- Zero liabilities reported in both available filings, indicating strong financial stability.
- No officer compensation reported, suggesting a volunteer-driven model and efficient use of funds.
- Strong asset growth from $8,406 in 2020 to $127,322 in 2023.
- High program spending ratio, as implied by low overall expenses relative to revenue and no executive compensation.
Frequently Asked Questions about Kentucky Alternative Livestock Association Inc
Is Kentucky Alternative Livestock Association Inc a legitimate charity?
Kentucky Alternative Livestock Association Inc (EIN: 208015362) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 92/100. It has 2 years of IRS 990 filings on record. Total revenue: $82K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Kentucky Alternative Livestock Association Inc spend its money?
Kentucky Alternative Livestock Association Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Kentucky Alternative Livestock Association Inc tax-deductible?
Kentucky Alternative Livestock Association Inc is registered as a tax-exempt nonprofit (EIN: 208015362). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kentucky Alternative Livestock Association Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Kentucky Alternative Livestock Association Inc is above average for NTEE category K26 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kentucky Alternative Livestock Association Inc located?
Kentucky Alternative Livestock Association Inc is headquartered in Hodgenville, Kentucky and files with the IRS under EIN 208015362. It is classified under NTEE code K26.
How many years of IRS 990 filings does Kentucky Alternative Livestock Association Inc have?
Kentucky Alternative Livestock Association Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $82K in total revenue.
Is Kentucky Alternative Livestock Association Inc a good charity?
Based on the available IRS 990 data, Kentucky Alternative Livestock Association Inc appears to be a well-managed and efficient charity. It exhibits strong revenue growth, maintains zero liabilities, and reports no officer compensation, suggesting a high proportion of funds are directed towards its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Revenue grew from $11,858 in 2020 to $69,039 in 2023, and assets increased from $8,406 to $127,322 over the same period, indicating substantial growth and stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in both available filings, indicating that its leadership is entirely volunteer-based, which is a strong positive for financial efficiency.
Filing History
IRS 990 filing history for Kentucky Alternative Livestock Association Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2020–2023), Kentucky Alternative Livestock Association Inc's revenue has grown by 482.2%, moving from $12K to $69K. Total assets increased by 1414.7% over the same period, from $8K to $127K. Total functional expenses rose by 437.5%, from $10K to $55K. In its most recent filing year (2023), Kentucky Alternative Livestock Association Inc reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $55K | $127K | $0 | — | View 990 |
| 2020 | $12K | $10K | $8K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kentucky Alternative Livestock Association Inc:
Data Sources and Methodology
This transparency report for Kentucky Alternative Livestock Association 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.