Kentucky Dataseam Initiative Inc
Kentucky Dataseam Initiative Inc shows strong financial surpluses and zero executive compensation in recent years.
EIN: 201482655 · Louisville, KY · NTEE: U99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $2.5M |
| Program Spending | 90% |
| Net Assets | $2.8M |
| Transparency Score | 90/100 |
Is Kentucky Dataseam Initiative Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kentucky Dataseam Initiative Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kentucky Dataseam Initiative Inc
Kentucky Dataseam Initiative Inc (EIN: 201482655) is a nonprofit organization based in Louisville, KY, classified under NTEE code U99. The organization reported total revenue of $4.3M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kentucky Dataseam Initiative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kentucky Dataseam Initiative Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $2.8M |
| Total Liabilities | $1K |
| Net Assets | $2.8M |
| Operating Margin | 34.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 13.6 months |
Financial Health Grade: A
In 2023, Kentucky Dataseam Initiative Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 13.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kentucky Dataseam Initiative Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.4% | +150.4% | +87.5% |
| 2022 | +149.8% | +21.1% | +92.8% |
| 2021 | -30.0% | -36.0% | -6.7% |
| 2020 | -67.6% | -61.5% | -17.7% |
| 2019 | +1872.6% | +363.3% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Dataseam Initiative Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Kentucky Dataseam Initiative 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 $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly unusual for an organization of this size and suggests a volunteer-led or externally funded leadership structure.
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 Dataseam Initiative Inc's IRS 990 filings:
- NTEE code U99 (Unknown) provides limited insight into specific programmatic focus.
Strengths
The following positive indicators were identified for Kentucky Dataseam Initiative Inc:
- Consistent financial surpluses in recent years (e.g., $1,321,625 surplus in 2023).
- Zero officer compensation reported across all filings, indicating high efficiency.
- Growing asset base, reaching $2,831,125 in 2023.
- Strong revenue generation, with latest revenue at $4,256,551.
Frequently Asked Questions about Kentucky Dataseam Initiative Inc
Is Kentucky Dataseam Initiative Inc a legitimate charity?
Kentucky Dataseam Initiative Inc (EIN: 201482655) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Kentucky Dataseam Initiative Inc spend its money?
Kentucky Dataseam Initiative Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Kentucky Dataseam Initiative Inc tax-deductible?
Kentucky Dataseam Initiative Inc is registered as a tax-exempt nonprofit (EIN: 201482655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kentucky Dataseam Initiative Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Kentucky Dataseam Initiative Inc is above average for NTEE category U99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kentucky Dataseam Initiative Inc located?
Kentucky Dataseam Initiative Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 201482655. It is classified under NTEE code U99.
How many years of IRS 990 filings does Kentucky Dataseam Initiative Inc have?
Kentucky Dataseam Initiative Inc 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 $4.3M in total revenue.
Is Kentucky Dataseam Initiative Inc a good charity?
Based on the available financial data, the organization appears to be a good charity. It consistently generates surpluses, has growing assets, and reports 0% officer compensation, indicating efficient use of funds.
How does Kentucky Dataseam Initiative Inc manage its executive compensation?
Kentucky Dataseam Initiative Inc reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers, which is a strong indicator of financial efficiency.
What is the financial trend of Kentucky Dataseam Initiative Inc?
The organization has shown a positive financial trend in recent years, with revenue significantly exceeding expenses in 2023 ($3,812,011 revenue vs. $2,490,386 expenses) and 2022 ($1,828,749 revenue vs. $994,740 expenses), leading to asset growth.
Filing History
IRS 990 filing history for Kentucky Dataseam Initiative Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kentucky Dataseam Initiative Inc's revenue has grown by 37.8%, moving from $2.8M to $3.8M. Total assets increased by 125.6% over the same period, from $1.3M to $2.8M. Total functional expenses fell by 10.9%, from $2.8M to $2.5M. In its most recent filing year (2023), Kentucky Dataseam Initiative Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $1K in liabilities against $2.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $2.5M | $2.8M | $1K | — | — |
| 2022 | $1.8M | $995K | $1.5M | $0 | — | View 990 |
| 2021 | $732K | $821K | $783K | $8K | — | View 990 |
| 2020 | $1.0M | $1.3M | $840K | $0 | — | — |
| 2019 | $3.2M | $3.3M | $1.0M | $0 | — | View 990 |
| 2018 | $164K | $720K | $1.0M | $0 | — | View 990 |
| 2017 | $167K | $467K | $1.7M | $0 | — | — |
| 2016 | $728K | $597K | $2.0M | $0 | — | View 990 |
| 2015 | $2.3M | $2.4M | $2.0M | $148K | — | View 990 |
| 2014 | $3.1M | $2.8M | $2.0M | $0 | — | View 990 |
| 2013 | $3.6M | $3.0M | $1.6M | $0 | — | View 990 |
| 2012 | $3.0M | $3.2M | $1.1M | $0 | — | View 990 |
| 2011 | $2.8M | $2.8M | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $2.5M, and assets of $2.8M (revenue +108.4% year-over-year).
- 2022: Revenue of $1.8M, expenses of $995K, and assets of $1.5M (revenue +149.8% year-over-year).
- 2021: Revenue of $732K, expenses of $821K, and assets of $783K (revenue -30.0% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.3M, and assets of $840K (revenue -67.6% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.3M, and assets of $1.0M (revenue +1872.6% year-over-year).
- 2018: Revenue of $164K, expenses of $720K, and assets of $1.0M (revenue -2.1% year-over-year).
- 2017: Revenue of $167K, expenses of $467K, and assets of $1.7M (revenue -77.0% year-over-year).
- 2016: Revenue of $728K, expenses of $597K, and assets of $2.0M (revenue -68.6% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.4M, and assets of $2.0M (revenue -25.6% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.8M, and assets of $2.0M (revenue -12.8% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.0M, and assets of $1.6M (revenue +18.1% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.2M, and assets of $1.1M (revenue +9.6% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.8M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kentucky Dataseam Initiative Inc:
Data Sources and Methodology
This transparency report for Kentucky Dataseam Initiative 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.