Kentucky Nurses Foundation Inc
EIN: 310915644 · Louisville, KY · NTEE: E03
| Metric | Value |
|---|---|
| Total Revenue | $48K |
| Total Expenses | $43K |
| Net Assets | $133K |
Is Kentucky Nurses Foundation 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 Nurses Foundation Inc
Kentucky Nurses Foundation Inc (EIN: 310915644) is a nonprofit organization based in Louisville, KY, classified under NTEE code E03. The organization reported total revenue of $48K and total assets of $134K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kentucky Nurses Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kentucky Nurses Foundation Inc is a micro nonprofit that has been operating for 49 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $43K |
| Total Expenses | $43K |
| Surplus / Deficit | $-207 |
| Total Assets | $134K |
| Total Liabilities | $1K |
| Net Assets | $133K |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 37.3 months |
Financial Health Grade: B
In 2024, Kentucky Nurses Foundation Inc reported a deficit of $207 with expenses exceeding revenue, holds 37.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Kentucky Nurses Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -39.3% | -1.2% | +4.8% |
| 2023 | -11.4% | -26.8% | +25.5% |
| 2022 | +70.5% | +54.3% | +13.9% |
| 2021 | -5.0% | +2.0% | +23.6% |
| 2020 | +80.9% | +32.3% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kentucky Nurses Foundation 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 Nurses Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $207, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Kentucky Nurses Foundation Inc
Is Kentucky Nurses Foundation Inc a legitimate charity?
Kentucky Nurses Foundation Inc (EIN: 310915644) is a registered tax-exempt nonprofit based in Kentucky. It has 14 years of IRS 990 filings on record. Total revenue: $48K. No red flags identified. Financial health grade: B.
How does Kentucky Nurses Foundation Inc spend its money?
Kentucky Nurses Foundation Inc reported $48K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kentucky Nurses Foundation Inc tax-deductible?
Kentucky Nurses Foundation Inc is registered as a tax-exempt nonprofit (EIN: 310915644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kentucky Nurses Foundation Inc located?
Kentucky Nurses Foundation Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 310915644. It is classified under NTEE code E03.
How many years of IRS 990 filings does Kentucky Nurses Foundation Inc have?
Kentucky Nurses Foundation Inc has 14 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 $48K in total revenue.
Filing History
IRS 990 filing history for Kentucky Nurses Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Kentucky Nurses Foundation Inc's revenue has grown by 396.8%, moving from $9K to $43K. Total assets increased by 123.3% over the same period, from $60K to $134K. Total functional expenses rose by 1248.6%, from $3K to $43K. In its most recent filing year (2024), Kentucky Nurses Foundation Inc reported a deficit of $207, with expenses exceeding revenue. The organization holds $1K in liabilities against $134K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $133K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $43K | $43K | $134K | $1K | — | — |
| 2023 | $71K | $44K | $128K | $318 | — | View 990 |
| 2022 | $80K | $60K | $102K | $3K | — | — |
| 2021 | $47K | $39K | $90K | $784 | — | — |
| 2020 | $49K | $38K | $73K | $407 | — | View 990 |
| 2019 | $27K | $29K | $66K | $3K | — | View 990 |
| 2018 | $9K | $29K | $71K | $7K | — | — |
| 2017 | $730 | $472 | $82K | $0 | — | View 990 |
| 2016 | $4K | $150 | $76K | $0 | — | View 990 |
| 2015 | $29K | $7K | $77K | $0 | — | View 990 |
| 2014 | $6K | $5K | $59K | $0 | — | View 990 |
| 2013 | $4K | $10K | $53K | $0 | — | — |
| 2012 | $3K | $8K | $54K | $0 | — | View 990 |
| 2011 | $9K | $3K | $60K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $43K, expenses of $43K, and assets of $134K (revenue -39.3% year-over-year).
- 2023: Revenue of $71K, expenses of $44K, and assets of $128K (revenue -11.4% year-over-year).
- 2022: Revenue of $80K, expenses of $60K, and assets of $102K (revenue +70.5% year-over-year).
- 2021: Revenue of $47K, expenses of $39K, and assets of $90K (revenue -5.0% year-over-year).
- 2020: Revenue of $49K, expenses of $38K, and assets of $73K (revenue +80.9% year-over-year).
- 2019: Revenue of $27K, expenses of $29K, and assets of $66K (revenue +192.5% year-over-year).
- 2018: Revenue of $9K, expenses of $29K, and assets of $71K (revenue +1179.9% year-over-year).
- 2017: Revenue of $730, expenses of $472, and assets of $82K (revenue -81.1% year-over-year).
- 2016: Revenue of $4K, expenses of $150, and assets of $76K (revenue -86.5% year-over-year).
- 2015: Revenue of $29K, expenses of $7K, and assets of $77K (revenue +383.4% year-over-year).
- 2014: Revenue of $6K, expenses of $5K, and assets of $59K (revenue +67.0% year-over-year).
- 2013: Revenue of $4K, expenses of $10K, and assets of $53K (revenue +28.8% year-over-year).
- 2012: Revenue of $3K, expenses of $8K, and assets of $54K (revenue -68.2% year-over-year).
- 2011: Revenue of $9K, expenses of $3K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kentucky Nurses Foundation Inc:
Data Sources and Methodology
This transparency report for Kentucky Nurses Foundation 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.