Louisville Bridge Association
EIN: 616035228 · Louisville, KY · NTEE: B03
| Metric | Value |
|---|---|
| Total Revenue | $122K |
| Total Expenses | $72K |
| Net Assets | $31K |
Is Louisville Bridge Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louisville Bridge Association
Louisville Bridge Association (EIN: 616035228) is a nonprofit organization based in Louisville, KY, classified under NTEE code B03. The organization reported total revenue of $122K and total assets of $100K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisville Bridge Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisville Bridge Association is a small nonprofit that has been operating for 1 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $72K |
| Surplus / Deficit | +$702 |
| Total Assets | $91K |
| Total Liabilities | $59K |
| Net Assets | $31K |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 65.4% |
| Months of Reserves | 15.2 months |
Financial Health Grade: A
In 2023, Louisville Bridge Association reported a surplus of $702 with revenue exceeding expenses, holds 15.2 months of operating reserves (strong position), has a debt-to-asset ratio of 65.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Louisville Bridge Association's revenue has declined at a compound annual growth rate (CAGR) of -6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | -32.9% | -35.0% |
| 2022 | +26.2% | +22.3% | -1.5% |
| 2021 | -17.3% | -6.0% | -18.8% |
| 2020 | -47.8% | -18.4% | -13.3% |
| 2019 | +12.8% | +6.5% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisville Bridge Association 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 Louisville Bridge Association 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 $702, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.4%.
Frequently Asked Questions about Louisville Bridge Association
Is Louisville Bridge Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Louisville Bridge Association (EIN: 616035228) insufficient data. 0 red flags identified, 0 strengths noted.
How does Louisville Bridge Association spend its money?
Detailed spending breakdown data is not yet available for Louisville Bridge Association. Check back for updated IRS 990 analysis.
Are donations to Louisville Bridge Association tax-deductible?
Louisville Bridge Association is registered as a tax-exempt nonprofit (EIN: 616035228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisville Bridge Association located?
Louisville Bridge Association is headquartered in Louisville, Kentucky and files with the IRS under EIN 616035228. It is classified under NTEE code B03.
How many years of IRS 990 filings does Louisville Bridge Association have?
Louisville Bridge Association 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 $122K in total revenue.
Filing History
IRS 990 filing history for Louisville Bridge Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Louisville Bridge Association's revenue has declined by 54.4%, moving from $159K to $72K. Total assets decreased by 37.3% over the same period, from $145K to $91K. Total functional expenses fell by 22%, from $92K to $72K. In its most recent filing year (2023), Louisville Bridge Association reported a surplus of $702, with revenue exceeding expenses. The organization holds $59K in liabilities against $91K in assets (debt-to-asset ratio: 65.4%), resulting in net assets of $31K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $72K | $91K | $59K | — | View 990 |
| 2022 | $69K | $107K | $140K | $36K | — | View 990 |
| 2021 | $55K | $87K | $142K | $0 | — | View 990 |
| 2020 | $66K | $93K | $174K | $47 | — | View 990 |
| 2019 | $127K | $114K | $201K | $47 | — | View 990 |
| 2018 | $112K | $107K | $191K | $3K | — | View 990 |
| 2017 | $116K | $108K | $184K | $826 | — | View 990 |
| 2016 | $112K | $108K | $176K | $880 | — | View 990 |
| 2015 | $81K | $89K | $171K | $44K | — | View 990 |
| 2014 | $91K | $78K | $178K | $43K | — | View 990 |
| 2013 | $85K | $78K | $163K | $41K | — | View 990 |
| 2012 | $85K | $82K | $154K | $40K | — | View 990 |
| 2011 | $159K | $92K | $145K | $33K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $72K, expenses of $72K, and assets of $91K (revenue +5.0% year-over-year).
- 2022: Revenue of $69K, expenses of $107K, and assets of $140K (revenue +26.2% year-over-year).
- 2021: Revenue of $55K, expenses of $87K, and assets of $142K (revenue -17.3% year-over-year).
- 2020: Revenue of $66K, expenses of $93K, and assets of $174K (revenue -47.8% year-over-year).
- 2019: Revenue of $127K, expenses of $114K, and assets of $201K (revenue +12.8% year-over-year).
- 2018: Revenue of $112K, expenses of $107K, and assets of $191K (revenue -3.5% year-over-year).
- 2017: Revenue of $116K, expenses of $108K, and assets of $184K (revenue +3.9% year-over-year).
- 2016: Revenue of $112K, expenses of $108K, and assets of $176K (revenue +39.1% year-over-year).
- 2015: Revenue of $81K, expenses of $89K, and assets of $171K (revenue -11.6% year-over-year).
- 2014: Revenue of $91K, expenses of $78K, and assets of $178K (revenue +7.0% year-over-year).
- 2013: Revenue of $85K, expenses of $78K, and assets of $163K (revenue -0.3% year-over-year).
- 2012: Revenue of $85K, expenses of $82K, and assets of $154K (revenue -46.3% year-over-year).
- 2011: Revenue of $159K, expenses of $92K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisville Bridge Association:
Data Sources and Methodology
This transparency report for Louisville Bridge Association 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.