Kentucky Vegetable Growers Association Inc
Kentucky Vegetable Growers Association maintains stable assets and zero liabilities with volunteer leadership.
EIN: 10806104 · Salvisa, KY · NTEE: K20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $10K |
| Program Spending | 90% |
| Net Assets | $89K |
| Transparency Score | 85/100 |
Is Kentucky Vegetable Growers Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kentucky Vegetable Growers Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kentucky Vegetable Growers Association Inc
Kentucky Vegetable Growers Association Inc (EIN: 10806104) is a nonprofit organization based in Salvisa, KY, classified under NTEE code K20. The organization reported total revenue of $6K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kentucky Vegetable Growers Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kentucky Vegetable Growers Association Inc is a micro nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $10K |
| Surplus / Deficit | +$31K |
| Total Assets | $89K |
| Net Assets | $89K |
| Operating Margin | 76.0% |
| Months of Reserves | 110.6 months |
Financial Health Grade: A
In 2023, Kentucky Vegetable Growers Association Inc reported a surplus of $31K with revenue exceeding expenses, holds 110.6 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Kentucky Vegetable Growers Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +546.9% | -42.7% | +52.5% |
| 2022 | -60.3% | +304.8% | -15.4% |
| 2021 | +86.3% | -12.5% | +20.1% |
| 2020 | -67.4% | -84.4% | +6.8% |
| 2019 | +33.4% | +1786.0% | -7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 8000 |
| IRS Ruling Date | 2016 |
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 Vegetable Growers Association Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Kentucky Vegetable Growers Association Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $31K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a small organization of its size and revenue.
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.
Strengths
The following positive indicators were identified for Kentucky Vegetable Growers Association Inc:
- Consistent asset growth, reaching $89,315 in 2023.
- Zero liabilities reported across all filings, indicating strong financial health.
- 0% officer compensation, maximizing funds for mission-related activities.
- Consistent IRS 990 filing history, demonstrating transparency.
- Significant surplus in 2023 ($40,424 revenue vs. $9,692 expenses).
Frequently Asked Questions about Kentucky Vegetable Growers Association Inc
Is Kentucky Vegetable Growers Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kentucky Vegetable Growers Association Inc (EIN: 10806104) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Kentucky Vegetable Growers Association Inc spend its money?
Kentucky Vegetable Growers Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kentucky Vegetable Growers Association Inc tax-deductible?
Kentucky Vegetable Growers Association Inc is registered as a tax-exempt nonprofit (EIN: 10806104). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kentucky Vegetable Growers Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kentucky Vegetable Growers Association Inc is above average for NTEE category K20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kentucky Vegetable Growers Association Inc located?
Kentucky Vegetable Growers Association Inc is headquartered in Salvisa, Kentucky and files with the IRS under EIN 10806104. It is classified under NTEE code K20.
How many years of IRS 990 filings does Kentucky Vegetable Growers Association Inc have?
Kentucky Vegetable Growers Association Inc has 9 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 $6K in total revenue.
How does the organization manage its significant revenue fluctuations?
The organization's revenue has varied widely, from $5,909 to $40,424. This suggests reliance on variable income sources, possibly grants, events, or membership drives that fluctuate year-to-year. The consistent asset growth despite these fluctuations indicates effective financial management to build reserves.
What are the primary program activities funded by the organization?
Based on the NTEE code K20 (Agricultural & Related Activities), the organization likely focuses on supporting vegetable growers in Kentucky through education, advocacy, or networking. Without a program service expense breakdown, specific activities are not detailed in the provided data.
Is the organization's asset growth sustainable given its revenue variability?
The organization has shown consistent asset growth, from $47,415 in 2015 to $89,315 in 2023, despite revenue variability. This suggests that surpluses in good years are being retained and invested, contributing to long-term financial stability.
Filing History
IRS 990 filing history for Kentucky Vegetable Growers Association Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Kentucky Vegetable Growers Association Inc's revenue has grown by 70.8%, moving from $24K to $40K. Total assets increased by 88.4% over the same period, from $47K to $89K. Total functional expenses fell by 67.2%, from $30K to $10K. In its most recent filing year (2023), Kentucky Vegetable Growers Association Inc reported a surplus of $31K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40K | $10K | $89K | $0 | — | View 990 |
| 2022 | $6K | $17K | $59K | $0 | — | View 990 |
| 2021 | $16K | $4K | $69K | $0 | — | — |
| 2020 | $8K | $5K | $58K | $0 | — | View 990 |
| 2019 | $26K | $31K | $54K | $0 | — | View 990 |
| 2018 | $19K | $2K | $59K | $0 | — | View 990 |
| 2017 | $22K | $36K | $41K | $0 | — | — |
| 2016 | $20K | $13K | $54K | $0 | — | View 990 |
| 2015 | $24K | $30K | $47K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40K, expenses of $10K, and assets of $89K (revenue +546.9% year-over-year).
- 2022: Revenue of $6K, expenses of $17K, and assets of $59K (revenue -60.3% year-over-year).
- 2021: Revenue of $16K, expenses of $4K, and assets of $69K (revenue +86.3% year-over-year).
- 2020: Revenue of $8K, expenses of $5K, and assets of $58K (revenue -67.4% year-over-year).
- 2019: Revenue of $26K, expenses of $31K, and assets of $54K (revenue +33.4% year-over-year).
- 2018: Revenue of $19K, expenses of $2K, and assets of $59K (revenue -13.2% year-over-year).
- 2017: Revenue of $22K, expenses of $36K, and assets of $41K (revenue +13.7% year-over-year).
- 2016: Revenue of $20K, expenses of $13K, and assets of $54K (revenue -16.6% year-over-year).
- 2015: Revenue of $24K, expenses of $30K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kentucky Vegetable Growers Association Inc:
Data Sources and Methodology
This transparency report for Kentucky Vegetable Growers 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.