Kentucky Independent Pharmacist Alliance Inc
EIN: 454034350 · Beattyville, KY · NTEE: Y99
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $60K |
| Net Assets | $285K |
Is Kentucky Independent Pharmacist Alliance Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kentucky Independent Pharmacist Alliance Inc
Kentucky Independent Pharmacist Alliance Inc (EIN: 454034350) is a nonprofit organization based in Beattyville, KY, classified under NTEE code Y99. The organization reported total revenue of $56K and total assets of $253K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kentucky Independent Pharmacist Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kentucky Independent Pharmacist Alliance Inc is a micro nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $60K |
| Surplus / Deficit | +$34K |
| Total Assets | $285K |
| Net Assets | $285K |
| Operating Margin | 36.5% |
| Months of Reserves | 57.1 months |
Financial Health Grade: A
In 2023, Kentucky Independent Pharmacist Alliance Inc reported a surplus of $34K with revenue exceeding expenses, holds 57.1 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.5% | +56.6% | +13.7% |
| 2022 | -16.7% | -37.8% | +17.3% |
| 2021 | +0.2% | +50.6% | +15.5% |
| 2020 | +31.1% | -10.2% | +36.2% |
| 2019 | -8.5% | -24.1% | +20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kentucky Independent Pharmacist Alliance Inc 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 Independent Pharmacist Alliance Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
Frequently Asked Questions about Kentucky Independent Pharmacist Alliance Inc
Is Kentucky Independent Pharmacist Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kentucky Independent Pharmacist Alliance Inc (EIN: 454034350) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kentucky Independent Pharmacist Alliance Inc spend its money?
Detailed spending breakdown data is not yet available for Kentucky Independent Pharmacist Alliance Inc. Check back for updated IRS 990 analysis.
Are donations to Kentucky Independent Pharmacist Alliance Inc tax-deductible?
Kentucky Independent Pharmacist Alliance Inc is registered as a tax-exempt nonprofit (EIN: 454034350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kentucky Independent Pharmacist Alliance Inc located?
Kentucky Independent Pharmacist Alliance Inc is headquartered in Beattyville, Kentucky and files with the IRS under EIN 454034350. It is classified under NTEE code Y99.
How many years of IRS 990 filings does Kentucky Independent Pharmacist Alliance Inc have?
Kentucky Independent Pharmacist Alliance 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 $56K in total revenue.
Filing History
IRS 990 filing history for Kentucky Independent Pharmacist Alliance Inc showing financial trends over 13 years of public records:
Total assets increased by 1166.2% over the same period, from $23K to $285K. In its most recent filing year (2023), Kentucky Independent Pharmacist Alliance Inc reported a surplus of $34K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $60K | $285K | $0 | — | — |
| 2022 | $75K | $38K | $250K | $0 | — | — |
| 2021 | $90K | $61K | $214K | $0 | — | — |
| 2020 | $90K | $41K | $185K | $0 | — | — |
| 2019 | $69K | $45K | $136K | $0 | — | View 990 |
| 2018 | $75K | $60K | $113K | $0 | — | View 990 |
| 2017 | $57K | $34K | $97K | $0 | — | View 990 |
| 2016 | $51K | $47K | $75K | $0 | — | View 990 |
| 2015 | $42K | $36K | $72K | $0 | — | View 990 |
| 2014 | $60K | $39K | $66K | $0 | — | View 990 |
| 2013 | $67K | $45K | $44K | $0 | — | View 990 |
| 2012 | $76K | $54K | $27K | $5K | — | View 990 |
| 2011 | $0 | $0 | $23K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $60K, and assets of $285K (revenue +25.5% year-over-year).
- 2022: Revenue of $75K, expenses of $38K, and assets of $250K (revenue -16.7% year-over-year).
- 2021: Revenue of $90K, expenses of $61K, and assets of $214K (revenue +0.2% year-over-year).
- 2020: Revenue of $90K, expenses of $41K, and assets of $185K (revenue +31.1% year-over-year).
- 2019: Revenue of $69K, expenses of $45K, and assets of $136K (revenue -8.5% year-over-year).
- 2018: Revenue of $75K, expenses of $60K, and assets of $113K (revenue +32.4% year-over-year).
- 2017: Revenue of $57K, expenses of $34K, and assets of $97K (revenue +12.1% year-over-year).
- 2016: Revenue of $51K, expenses of $47K, and assets of $75K (revenue +19.5% year-over-year).
- 2015: Revenue of $42K, expenses of $36K, and assets of $72K (revenue -29.8% year-over-year).
- 2014: Revenue of $60K, expenses of $39K, and assets of $66K (revenue -9.8% year-over-year).
- 2013: Revenue of $67K, expenses of $45K, and assets of $44K (revenue -12.3% year-over-year).
- 2012: Revenue of $76K, expenses of $54K, and assets of $27K.
- 2011: Revenue of $0, expenses of $0, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kentucky Independent Pharmacist Alliance Inc:
Data Sources and Methodology
This transparency report for Kentucky Independent Pharmacist Alliance 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.