Kids Chance Of Kentucky Inc
Kids Chance Of Kentucky Inc faces significant operating deficits in recent years despite maintaining a stable asset base.
EIN: 200447512 · Lexington, KY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $675K |
| Total Expenses | $130K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $426K |
| Transparency Score | 70/100 |
Is Kids Chance Of Kentucky Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kids Chance Of Kentucky Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kids Chance Of Kentucky Inc
Kids Chance Of Kentucky Inc (EIN: 200447512) is a nonprofit organization based in Lexington, KY, classified under NTEE code B82. The organization reported total revenue of $675K and total assets of $467K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kids Chance Of Kentucky Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kids Chance Of Kentucky Inc is a small 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 -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $130K |
| Surplus / Deficit | $-98,651 |
| Total Assets | $426K |
| Net Assets | $426K |
| Operating Margin | -313.3% |
| Months of Reserves | 39.3 months |
Financial Health Grade: B
In 2023, Kids Chance Of Kentucky Inc reported a deficit of $99K with expenses exceeding revenue, holds 39.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Kids Chance Of Kentucky Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.8% | +4.2% | +20.7% |
| 2022 | -57.0% | +0.0% | -27.5% |
| 2021 | -13.8% | +1.8% | -0.7% |
| 2020 | -30.6% | +8.6% | +38.8% |
| 2019 | +23.5% | -14.0% | +93.1% |
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 Kids Chance Of Kentucky Inc with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, Kids Chance Of Kentucky Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $99K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is commendable for a nonprofit of its size with assets around $400,000.
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 Kids Chance Of Kentucky Inc's IRS 990 filings:
- Significant operating deficits in recent years (e.g., 2023 revenue $31,485 vs. expenses $130,136).
- Volatile and declining revenue trend since 2019, raising sustainability concerns.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
The following positive indicators were identified for Kids Chance Of Kentucky Inc:
- Consistent IRS 990 filing history, indicating good transparency and compliance.
- Zero reported liabilities across all filings, demonstrating strong financial management and no debt.
- No officer compensation reported, suggesting a volunteer-led model and efficient use of funds.
- Maintained a stable asset base despite revenue fluctuations, indicating financial resilience.
Frequently Asked Questions about Kids Chance Of Kentucky Inc
Is Kids Chance Of Kentucky Inc a legitimate charity?
Kids Chance Of Kentucky Inc (EIN: 200447512) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $675K. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Kids Chance Of Kentucky Inc spend its money?
Kids Chance Of Kentucky Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Kids Chance Of Kentucky Inc tax-deductible?
Kids Chance Of Kentucky Inc is registered as a tax-exempt nonprofit (EIN: 200447512). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kids Chance Of Kentucky Inc CEO make?
Kids Chance Of Kentucky Inc's highest-compensated officer earns $400,000. annually. The organization reported $675K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kids Chance Of Kentucky Inc's spending goes to programs?
Kids Chance Of Kentucky Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kids Chance Of Kentucky Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Kids Chance Of Kentucky Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kids Chance Of Kentucky Inc located?
Kids Chance Of Kentucky Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 200447512. It is classified under NTEE code B82.
How many years of IRS 990 filings does Kids Chance Of Kentucky Inc have?
Kids Chance Of Kentucky 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 $675K in total revenue.
Is Kids Chance Of Kentucky Inc a good charity?
Kids Chance Of Kentucky Inc demonstrates several positive attributes, including consistent IRS 990 filings, zero reported liabilities, and no executive compensation, suggesting strong financial stewardship and a volunteer-driven model. However, recent operating deficits (e.g., $31,485 revenue vs. $130,136 expenses in 2023) raise concerns about the sustainability of its operations without a clear strategy to increase revenue or reduce expenses. Its ability to maintain assets despite these deficits indicates some financial resilience, but potential donors should seek more detailed information on how these deficits are being covered and the specific impact of its programs.
Why is revenue declining significantly in recent years?
The organization's revenue has seen a substantial decline from $283,430 in 2019 to $31,485 in 2023. This trend warrants further investigation into changes in fundraising strategies, donor base, or economic factors affecting contributions. Understanding the cause of this decline is crucial for assessing future financial stability.
How does the organization cover its operating deficits?
In 2023, expenses ($130,136) significantly exceeded revenue ($31,485), resulting in a deficit of nearly $100,000. Similar deficits occurred in 2022 and 2016. Given the consistent reporting of zero liabilities, these deficits are likely covered by drawing down on accumulated assets or prior year surpluses. This practice, if sustained, could erode the organization's asset base over time.
What percentage of expenses goes directly to program services?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. While the absence of officer compensation is positive, a clear percentage of spending directly on programs would provide better insight into its efficiency and mission focus.
Filing History
IRS 990 filing history for Kids Chance Of Kentucky Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kids Chance Of Kentucky Inc's revenue has declined by 50.4%, moving from $63K to $31K. Total assets increased by 821.9% over the same period, from $46K to $426K. Total functional expenses rose by 307.1%, from $32K to $130K. In its most recent filing year (2023), Kids Chance Of Kentucky Inc reported a deficit of $99K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $130K | $426K | $0 | — | — |
| 2022 | $73K | $125K | $353K | $0 | — | View 990 |
| 2021 | $170K | $125K | $487K | $0 | — | View 990 |
| 2020 | $197K | $123K | $491K | $0 | — | View 990 |
| 2019 | $283K | $113K | $354K | $0 | — | View 990 |
| 2018 | $229K | $131K | $183K | $0 | — | View 990 |
| 2017 | $115K | $42K | $85K | $0 | — | View 990 |
| 2016 | $82K | $100K | $12K | $0 | — | View 990 |
| 2015 | $61K | $54K | $30K | $0 | — | View 990 |
| 2014 | $26K | $46K | $24K | $0 | — | View 990 |
| 2013 | $30K | $40K | $43K | $0 | — | View 990 |
| 2012 | $43K | $37K | $53K | $0 | — | View 990 |
| 2011 | $63K | $32K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $130K, and assets of $426K (revenue -56.8% year-over-year).
- 2022: Revenue of $73K, expenses of $125K, and assets of $353K (revenue -57.0% year-over-year).
- 2021: Revenue of $170K, expenses of $125K, and assets of $487K (revenue -13.8% year-over-year).
- 2020: Revenue of $197K, expenses of $123K, and assets of $491K (revenue -30.6% year-over-year).
- 2019: Revenue of $283K, expenses of $113K, and assets of $354K (revenue +23.5% year-over-year).
- 2018: Revenue of $229K, expenses of $131K, and assets of $183K (revenue +99.6% year-over-year).
- 2017: Revenue of $115K, expenses of $42K, and assets of $85K (revenue +39.8% year-over-year).
- 2016: Revenue of $82K, expenses of $100K, and assets of $12K (revenue +35.4% year-over-year).
- 2015: Revenue of $61K, expenses of $54K, and assets of $30K (revenue +134.4% year-over-year).
- 2014: Revenue of $26K, expenses of $46K, and assets of $24K (revenue -13.0% year-over-year).
- 2013: Revenue of $30K, expenses of $40K, and assets of $43K (revenue -31.4% year-over-year).
- 2012: Revenue of $43K, expenses of $37K, and assets of $53K (revenue -31.6% year-over-year).
- 2011: Revenue of $63K, expenses of $32K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kids Chance Of Kentucky Inc:
Data Sources and Methodology
This transparency report for Kids Chance Of Kentucky 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.