Kentucky Center For Performance Excellence

Kentucky Center For Performance Excellence shows strong recent financial surpluses and consistent asset growth with no executive compensation.

EIN: 202279459 · Lexington, KY · NTEE: S02 · Updated: 2026-03-28

$44KRevenue
$218KAssets
90/100Mission Score (Excellent)
S02
Kentucky Center For Performance Excellence Financial Summary
MetricValue
Total Revenue$44K
Total Expenses$12K
Program Spending85%
CEO/Top Officer Pay$217,693.
Net Assets$198K
Transparency Score90/100

Is Kentucky Center For Performance Excellence Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

Kentucky Center For Performance Excellence directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Kentucky Center For Performance Excellence

Kentucky Center For Performance Excellence (EIN: 202279459) is a nonprofit organization based in Lexington, KY, classified under NTEE code S02. The organization reported total revenue of $44K and total assets of $218K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kentucky Center For Performance Excellence's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
MicroSize Classification
10Years of Filings
MixedRevenue Trajectory

Kentucky Center For Performance Excellence is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of -4.0%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$68K
Total Expenses$12K
Surplus / Deficit+$55K
Total Assets$199K
Total Liabilities$121
Net Assets$198K
Operating Margin82.0%
Debt-to-Asset Ratio0.1%
Months of Reserves195.5 months

Financial Health Grade: A

In 2024, Kentucky Center For Performance Excellence reported a surplus of $55K with revenue exceeding expenses, holds 195.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).

Financial Trends

Over 10 years of filings (2015–2024), Kentucky Center For Performance Excellence's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.

YearRevenue ChangeExpense ChangeAsset Change
2024-45.0%-79.9%+38.8%
2023+196.0%+223.6%+75.5%
2022+11.8%-32.1%+14.8%
2021-41.1%-58.1%-44.7%
2020+408.7%+56.1%+66.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

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

AI Transparency Report

The Kentucky Center For Performance Excellence demonstrates a generally stable financial position with fluctuating but often positive net assets over the past decade. In the most recent filing (202407), the organization reported revenue of $67,598 against expenses of $12,189, resulting in a significant surplus that contributed to an increase in assets to $198,556. This trend of managing expenses well below revenue is also evident in 202307, where revenue was $122,842 and expenses were $60,770. The organization consistently reports 0% officer compensation across all filings, which indicates a strong commitment to directing funds towards its mission rather than executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the low overall expense figures relative to revenue in recent years suggest efficient operations. The organization's assets have grown substantially from $48,706 in 201507 to $217,693 currently, indicating good financial stewardship and accumulation of resources. However, there have been periods of deficit spending, such as in 202007 ($63,041 revenue vs. $66,025 expenses) and 201907 ($12,393 revenue vs. $42,299 expenses), which highlight some variability in financial performance. Despite these fluctuations, the overall trajectory of asset growth and the consistent reporting of no officer compensation point to a financially healthy and transparent organization focused on its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kentucky Center For Performance Excellence with a Mission Score of 90 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Kentucky Center For Performance Excellence 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 (2024)

From the most recent IRS 990 filing on record:

$68KTotal Revenue
$12KTotal Expenses
$199KTotal Assets
$121Total Liabilities
$198KNet Assets
  • The organization reported a surplus of $55K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.1%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all ten filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for an organization of its size with assets growing to $217,693.

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 Kentucky Center For Performance Excellence's IRS 990 filings:

  • Fluctuating revenue and expenses in earlier years (e.g., 201907 revenue $12,393 vs expenses $42,299)

Strengths

The following positive indicators were identified for Kentucky Center For Performance Excellence:

  • Consistent 0% officer compensation across all filings
  • Significant financial surpluses in recent years (e.g., 202407 revenue $67,598 vs expenses $12,189)
  • Strong asset growth from $48,706 in 201507 to $217,693 currently
  • Low liabilities in most recent filings (e.g., $121 in 202407, $0 in 202307)

Frequently Asked Questions about Kentucky Center For Performance Excellence

Is Kentucky Center For Performance Excellence a legitimate charity?

Kentucky Center For Performance Excellence (EIN: 202279459) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $44K. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Kentucky Center For Performance Excellence spend its money?

Kentucky Center For Performance Excellence directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Kentucky Center For Performance Excellence tax-deductible?

Kentucky Center For Performance Excellence is registered as a tax-exempt nonprofit (EIN: 202279459). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Kentucky Center For Performance Excellence CEO make?

Kentucky Center For Performance Excellence's highest-compensated officer earns $217,693. annually. The organization reported $44K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Kentucky Center For Performance Excellence's spending goes to programs?

Kentucky Center For Performance Excellence directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Kentucky Center For Performance Excellence compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Kentucky Center For Performance Excellence is above average for NTEE category S02 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Kentucky Center For Performance Excellence located?

Kentucky Center For Performance Excellence is headquartered in Lexington, Kentucky and files with the IRS under EIN 202279459. It is classified under NTEE code S02.

How many years of IRS 990 filings does Kentucky Center For Performance Excellence have?

Kentucky Center For Performance Excellence has 10 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 $44K in total revenue.

Is Kentucky Center For Performance Excellence a good charity?

Based on the provided data, the Kentucky Center For Performance Excellence appears to be a good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. The organization has shown strong financial surpluses in recent years, with assets growing from $48,706 in 201507 to $217,693 currently, demonstrating good financial management and resource accumulation.

How has the organization's financial health changed over time?

The organization's financial health has generally improved, especially in recent years. While there were periods of deficit spending (e.g., 201907, 202007), the most recent filings (202307, 202407) show significant surpluses, with revenue substantially exceeding expenses. Assets have consistently grown from $48,706 in 201507 to $217,693, indicating a positive long-term financial trend.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is highly conservative, with 0% officer compensation reported in all ten available filings. This means that no salaries are paid to officers or key employees, which is a strong indicator of a mission-first focus and efficient use of donor funds.

Filing History

IRS 990 filing history for Kentucky Center For Performance Excellence showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2015–2024), Kentucky Center For Performance Excellence's revenue has declined by 30.5%, moving from $97K to $68K. Total assets increased by 307.7% over the same period, from $49K to $199K. Total functional expenses fell by 88.5%, from $106K to $12K. In its most recent filing year (2024), Kentucky Center For Performance Excellence reported a surplus of $55K, with revenue exceeding expenses. The organization holds $121 in liabilities against $199K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $198K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $68K $12K $199K $121
2023 $123K $61K $143K $0 View 990
2022 $42K $19K $82K $0 View 990
2021 $37K $28K $71K $12K
2020 $63K $66K $128K $79K View 990
2019 $12K $42K $77K $25K View 990
2018 $47K $59K $91K $9K View 990
2017 $177K $149K $123K $31K View 990
2016 $155K $140K $74K $10K View 990
2015 $97K $106K $49K $0 View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $68K, expenses of $12K, and assets of $199K (revenue -45.0% year-over-year).
  • 2023: Revenue of $123K, expenses of $61K, and assets of $143K (revenue +196.0% year-over-year).
  • 2022: Revenue of $42K, expenses of $19K, and assets of $82K (revenue +11.8% year-over-year).
  • 2021: Revenue of $37K, expenses of $28K, and assets of $71K (revenue -41.1% year-over-year).
  • 2020: Revenue of $63K, expenses of $66K, and assets of $128K (revenue +408.7% year-over-year).
  • 2019: Revenue of $12K, expenses of $42K, and assets of $77K (revenue -73.6% year-over-year).
  • 2018: Revenue of $47K, expenses of $59K, and assets of $91K (revenue -73.4% year-over-year).
  • 2017: Revenue of $177K, expenses of $149K, and assets of $123K (revenue +14.1% year-over-year).
  • 2016: Revenue of $155K, expenses of $140K, and assets of $74K (revenue +59.5% year-over-year).
  • 2015: Revenue of $97K, expenses of $106K, and assets of $49K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Kentucky Center For Performance Excellence:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing

Data Sources and Methodology

This transparency report for Kentucky Center For Performance Excellence 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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