Kentucky Occupational Therapy Association Inc
Kentucky Occupational Therapy Association faces recent deficits and declining assets.
EIN: 200230282 · Louisville, KY · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $49K |
| Total Expenses | $48K |
| Program Spending | 80% |
| Net Assets | $29K |
| Transparency Score | 65/100 |
Is Kentucky Occupational Therapy Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kentucky Occupational Therapy Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kentucky Occupational Therapy Association Inc
Kentucky Occupational Therapy Association Inc (EIN: 200230282) is a nonprofit organization based in Louisville, KY, classified under NTEE code S41. The organization reported total revenue of $49K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kentucky Occupational Therapy Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kentucky Occupational Therapy Association Inc is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $48K |
| Surplus / Deficit | $-10,059 |
| Total Assets | $29K |
| Total Liabilities | $47 |
| Net Assets | $29K |
| Operating Margin | -26.7% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2023, Kentucky Occupational Therapy Association Inc reported a deficit of $10K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kentucky Occupational Therapy Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.6% | -22.5% | -25.5% |
| 2022 | -1.9% | +26.5% | -9.1% |
| 2021 | +0.7% | -12.9% | +30.0% |
| 2020 | -0.3% | +6.4% | +7.7% |
| 2019 | -13.3% | +2.5% | +23.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Occupational Therapy Association Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Kentucky Occupational Therapy Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all provided filing periods, indicating that its leadership is likely volunteer-based, which is a positive for resource allocation given its small size.
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 Occupational Therapy Association Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent periods (e.g., $47,682 expenses vs. $37,623 revenue in 202309).
- Declining net assets over the last two years (from $43,313 in 202109 to $29,322 in 202309).
- Significant drop in revenue in the latest filing period (from $57,548 in 202209 to $37,623 in 202309).
Strengths
The following positive indicators were identified for Kentucky Occupational Therapy Association Inc:
- No reported officer compensation, indicating volunteer leadership and efficient use of funds at the executive level.
- Consistent IRS 990 filing history, demonstrating transparency.
- Maintained positive assets, albeit declining, indicating some financial reserves.
Frequently Asked Questions about Kentucky Occupational Therapy Association Inc
Is Kentucky Occupational Therapy Association Inc a legitimate charity?
Kentucky Occupational Therapy Association Inc (EIN: 200230282) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $49K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Kentucky Occupational Therapy Association Inc spend its money?
Kentucky Occupational Therapy Association Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kentucky Occupational Therapy Association Inc tax-deductible?
Kentucky Occupational Therapy Association Inc is registered as a tax-exempt nonprofit (EIN: 200230282). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kentucky Occupational Therapy Association Inc's spending goes to programs?
Kentucky Occupational Therapy Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kentucky Occupational Therapy Association Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Kentucky Occupational Therapy Association Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kentucky Occupational Therapy Association Inc located?
Kentucky Occupational Therapy Association Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 200230282. It is classified under NTEE code S41.
How many years of IRS 990 filings does Kentucky Occupational Therapy Association Inc have?
Kentucky Occupational Therapy Association 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 $49K in total revenue.
Is KOTA financially stable?
KOTA has experienced deficits in its last two reported periods (202309 and 202209), with expenses exceeding revenue by $10,059 and $3,978 respectively. Its assets have also declined from $43,313 in 202109 to $29,322 in 202309, suggesting a weakening financial position.
How does KOTA manage its administrative costs?
While specific administrative cost percentages are not detailed in the provided data, the absence of officer compensation suggests a lean operational structure at the leadership level, which helps keep overhead low for this small organization.
What is the trend in KOTA's revenue?
KOTA's revenue has fluctuated, with a recent decline from $57,548 in 202209 to $37,623 in 202309. This downward trend in the most recent period is a concern, especially when coupled with increasing expenses.
Filing History
IRS 990 filing history for Kentucky Occupational Therapy Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kentucky Occupational Therapy Association Inc's revenue has declined by 35.5%, moving from $58K to $38K. Total assets decreased by 67.5% over the same period, from $90K to $29K. Total functional expenses fell by 35.4%, from $74K to $48K. In its most recent filing year (2023), Kentucky Occupational Therapy Association Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $47 in liabilities against $29K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $48K | $29K | $47 | — | — |
| 2022 | $58K | $62K | $39K | $47 | — | — |
| 2021 | $59K | $49K | $43K | $0 | — | — |
| 2020 | $58K | $56K | $33K | $0 | — | View 990 |
| 2019 | $58K | $53K | $31K | $0 | — | View 990 |
| 2018 | $67K | $51K | $25K | $0 | — | View 990 |
| 2017 | $54K | $48K | $9K | $0 | — | — |
| 2016 | $44K | $69K | $3K | $0 | — | View 990 |
| 2015 | $58K | $72K | $28K | $0 | — | View 990 |
| 2014 | $48K | $69K | $42K | $0 | — | View 990 |
| 2013 | $41K | $60K | $64K | $0 | — | View 990 |
| 2012 | $51K | $58K | $84K | $0 | — | View 990 |
| 2011 | $58K | $74K | $90K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $48K, and assets of $29K (revenue -34.6% year-over-year).
- 2022: Revenue of $58K, expenses of $62K, and assets of $39K (revenue -1.9% year-over-year).
- 2021: Revenue of $59K, expenses of $49K, and assets of $43K (revenue +0.7% year-over-year).
- 2020: Revenue of $58K, expenses of $56K, and assets of $33K (revenue -0.3% year-over-year).
- 2019: Revenue of $58K, expenses of $53K, and assets of $31K (revenue -13.3% year-over-year).
- 2018: Revenue of $67K, expenses of $51K, and assets of $25K (revenue +23.7% year-over-year).
- 2017: Revenue of $54K, expenses of $48K, and assets of $9K (revenue +22.7% year-over-year).
- 2016: Revenue of $44K, expenses of $69K, and assets of $3K (revenue -23.5% year-over-year).
- 2015: Revenue of $58K, expenses of $72K, and assets of $28K (revenue +22.1% year-over-year).
- 2014: Revenue of $48K, expenses of $69K, and assets of $42K (revenue +16.8% year-over-year).
- 2013: Revenue of $41K, expenses of $60K, and assets of $64K (revenue -19.9% year-over-year).
- 2012: Revenue of $51K, expenses of $58K, and assets of $84K (revenue -12.9% year-over-year).
- 2011: Revenue of $58K, expenses of $74K, and assets of $90K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kentucky Occupational Therapy Association Inc:
Data Sources and Methodology
This transparency report for Kentucky Occupational Therapy Association 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.