Kentucky Head Start Association Incorporated
EIN: 611168641 · Frankfort, KY
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $156K |
| Net Assets | $76K |
Is Kentucky Head Start Association Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kentucky Head Start Association Incorporated
Kentucky Head Start Association Incorporated (EIN: 611168641) is a nonprofit organization based in Frankfort, KY. The organization reported total revenue of $83K and total assets of $139K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kentucky Head Start Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kentucky Head Start Association Incorporated is a micro nonprofit that has been operating for 32 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $156K |
| Surplus / Deficit | $-83,776 |
| Total Assets | $77K |
| Total Liabilities | $2K |
| Net Assets | $76K |
| Operating Margin | -115.9% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2022, Kentucky Head Start Association Incorporated reported a deficit of $84K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2022), Kentucky Head Start Association Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -54.1% | -12.0% | -59.2% |
| 2020 | +36.2% | +4.7% | -9.6% |
| 2019 | -24.9% | +19.5% | -20.0% |
| 2018 | +17.1% | -3.3% | +1.5% |
| 2017 | +12.0% | -0.9% | -6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kentucky Head Start Association Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kentucky Head Start Association Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $84K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Frequently Asked Questions about Kentucky Head Start Association Incorporated
Is Kentucky Head Start Association Incorporated a legitimate charity?
Kentucky Head Start Association Incorporated (EIN: 611168641) is a registered tax-exempt nonprofit based in Kentucky. It has 11 years of IRS 990 filings on record. Total revenue: $83K. No red flags identified. Financial health grade: B.
How does Kentucky Head Start Association Incorporated spend its money?
Kentucky Head Start Association Incorporated reported $83K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kentucky Head Start Association Incorporated tax-deductible?
Kentucky Head Start Association Incorporated is registered as a tax-exempt nonprofit (EIN: 611168641). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kentucky Head Start Association Incorporated located?
Kentucky Head Start Association Incorporated is headquartered in Frankfort, Kentucky and files with the IRS under EIN 611168641.
How many years of IRS 990 filings does Kentucky Head Start Association Incorporated have?
Kentucky Head Start Association Incorporated has 11 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 $83K in total revenue.
Filing History
IRS 990 filing history for Kentucky Head Start Association Incorporated showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Kentucky Head Start Association Incorporated's revenue has declined by 72.5%, moving from $263K to $72K. Total assets decreased by 75.3% over the same period, from $313K to $77K. Total functional expenses fell by 46.6%, from $292K to $156K. In its most recent filing year (2022), Kentucky Head Start Association Incorporated reported a deficit of $84K, with expenses exceeding revenue. The organization holds $2K in liabilities against $77K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $76K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $72K | $156K | $77K | $2K | — | View 990 |
| 2020 | $157K | $177K | $190K | $2K | — | — |
| 2019 | $115K | $169K | $210K | $2K | — | — |
| 2018 | $154K | $142K | $262K | $114 | — | View 990 |
| 2017 | $131K | $147K | $258K | $8K | — | View 990 |
| 2016 | $117K | $148K | $277K | $65 | — | View 990 |
| 2015 | $163K | $169K | $287K | $6K | — | View 990 |
| 2014 | $130K | $164K | $293K | $6K | — | View 990 |
| 2013 | $150K | $107K | $361K | $41K | — | View 990 |
| 2012 | $224K | $230K | $322K | $46K | — | View 990 |
| 2011 | $263K | $292K | $313K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $72K, expenses of $156K, and assets of $77K (revenue -54.1% year-over-year).
- 2020: Revenue of $157K, expenses of $177K, and assets of $190K (revenue +36.2% year-over-year).
- 2019: Revenue of $115K, expenses of $169K, and assets of $210K (revenue -24.9% year-over-year).
- 2018: Revenue of $154K, expenses of $142K, and assets of $262K (revenue +17.1% year-over-year).
- 2017: Revenue of $131K, expenses of $147K, and assets of $258K (revenue +12.0% year-over-year).
- 2016: Revenue of $117K, expenses of $148K, and assets of $277K (revenue -28.1% year-over-year).
- 2015: Revenue of $163K, expenses of $169K, and assets of $287K (revenue +25.0% year-over-year).
- 2014: Revenue of $130K, expenses of $164K, and assets of $293K (revenue -13.1% year-over-year).
- 2013: Revenue of $150K, expenses of $107K, and assets of $361K (revenue -33.0% year-over-year).
- 2012: Revenue of $224K, expenses of $230K, and assets of $322K (revenue -14.7% year-over-year).
- 2011: Revenue of $263K, expenses of $292K, and assets of $313K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kentucky Head Start Association Incorporated:
Data Sources and Methodology
This transparency report for Kentucky Head Start Association Incorporated 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.