Kentucky Sleep Society
EIN: 611346721 · Rineyville, KY · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $36K |
| Total Expenses | $11K |
| Net Assets | $31K |
Is Kentucky Sleep Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kentucky Sleep Society
Kentucky Sleep Society (EIN: 611346721) is a nonprofit organization based in Rineyville, KY, classified under NTEE code S41. The organization reported total revenue of $36K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kentucky Sleep Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kentucky Sleep Society is a micro nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $11K |
| Surplus / Deficit | +$17K |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | 61.2% |
| Months of Reserves | 33.5 months |
Financial Health Grade: A
In 2023, Kentucky Sleep Society reported a surplus of $17K with revenue exceeding expenses, holds 33.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Kentucky Sleep Society's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.7% | -82.6% | +130.2% |
| 2022 | +90.4% | +356.4% | -75.9% |
| 2021 | -28.0% | +9.0% | -4.7% |
| 2020 | -78.0% | -77.0% | +16.4% |
| 2019 | +134.1% | -14.8% | +43.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kentucky Sleep Society 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 Sleep Society 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 $17K, with revenue exceeding expenses.
Frequently Asked Questions about Kentucky Sleep Society
Is Kentucky Sleep Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Kentucky Sleep Society (EIN: 611346721) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kentucky Sleep Society spend its money?
Detailed spending breakdown data is not yet available for Kentucky Sleep Society. Check back for updated IRS 990 analysis.
Are donations to Kentucky Sleep Society tax-deductible?
Kentucky Sleep Society is registered as a tax-exempt nonprofit (EIN: 611346721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kentucky Sleep Society located?
Kentucky Sleep Society is headquartered in Rineyville, Kentucky and files with the IRS under EIN 611346721. It is classified under NTEE code S41.
How many years of IRS 990 filings does Kentucky Sleep Society have?
Kentucky Sleep Society 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 $36K in total revenue.
Filing History
IRS 990 filing history for Kentucky Sleep Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kentucky Sleep Society's revenue has declined by 31.4%, moving from $41K to $28K. Total assets increased by 1915.5% over the same period, from $2K to $31K. Total functional expenses fell by 74.4%, from $43K to $11K. In its most recent filing year (2023), Kentucky Sleep Society reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $11K | $31K | $0 | — | — |
| 2022 | $21K | $63K | $13K | $0 | — | View 990 |
| 2021 | $11K | $14K | $55K | $0 | — | View 990 |
| 2020 | $15K | $13K | $58K | $0 | — | — |
| 2019 | $70K | $55K | $50K | $0 | — | View 990 |
| 2018 | $30K | $64K | $35K | $0 | — | View 990 |
| 2017 | $81K | $27K | $50K | $0 | — | View 990 |
| 2016 | $46K | $45K | $6K | $0 | — | View 990 |
| 2015 | $49K | $45K | $10K | $0 | — | View 990 |
| 2014 | $45K | $51K | $6K | $0 | — | View 990 |
| 2013 | $34K | $36K | $12K | $0 | — | View 990 |
| 2012 | $49K | $36K | $14K | $0 | — | View 990 |
| 2011 | $41K | $43K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $11K, and assets of $31K (revenue +33.7% year-over-year).
- 2022: Revenue of $21K, expenses of $63K, and assets of $13K (revenue +90.4% year-over-year).
- 2021: Revenue of $11K, expenses of $14K, and assets of $55K (revenue -28.0% year-over-year).
- 2020: Revenue of $15K, expenses of $13K, and assets of $58K (revenue -78.0% year-over-year).
- 2019: Revenue of $70K, expenses of $55K, and assets of $50K (revenue +134.1% year-over-year).
- 2018: Revenue of $30K, expenses of $64K, and assets of $35K (revenue -62.9% year-over-year).
- 2017: Revenue of $81K, expenses of $27K, and assets of $50K (revenue +76.9% year-over-year).
- 2016: Revenue of $46K, expenses of $45K, and assets of $6K (revenue -6.8% year-over-year).
- 2015: Revenue of $49K, expenses of $45K, and assets of $10K (revenue +8.5% year-over-year).
- 2014: Revenue of $45K, expenses of $51K, and assets of $6K (revenue +31.4% year-over-year).
- 2013: Revenue of $34K, expenses of $36K, and assets of $12K (revenue -29.8% year-over-year).
- 2012: Revenue of $49K, expenses of $36K, and assets of $14K (revenue +18.7% year-over-year).
- 2011: Revenue of $41K, expenses of $43K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kentucky Sleep Society:
Data Sources and Methodology
This transparency report for Kentucky Sleep Society 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.