Louisville Cardinal Incorporated University Of Louisville
EIN: 310970482 · Louisville, KY
| Metric | Value |
|---|---|
| Total Revenue | $44K |
| Total Expenses | $54K |
| Net Assets | $8K |
Is Louisville Cardinal Incorporated University Of Louisville Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louisville Cardinal Incorporated University Of Louisville
Louisville Cardinal Incorporated University Of Louisville (EIN: 310970482) is a nonprofit organization based in Louisville, KY. The organization reported total revenue of $44K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisville Cardinal Incorporated University Of Louisville's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisville Cardinal Incorporated University Of Louisville is a micro nonprofit that has been operating for 46 years, with 10 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of -14.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $54K |
| Surplus / Deficit | $-10,608 |
| Total Assets | $8K |
| Total Liabilities | $108 |
| Net Assets | $8K |
| Operating Margin | -24.4% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 1.7 months |
Financial Health Grade: C
In 2021, Louisville Cardinal Incorporated University Of Louisville reported a deficit of $11K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2021), Louisville Cardinal Incorporated University Of Louisville's revenue has declined at a compound annual growth rate (CAGR) of -14.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -56.7% | -55.4% | -68.0% |
| 2020 | -17.5% | -7.3% | -41.9% |
| 2019 | +0.4% | +3.9% | -17.7% |
| 2018 | -2.5% | -9.2% | -5.3% |
| 2017 | -20.3% | +3.7% | -24.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisville Cardinal Incorporated University Of Louisville 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 Cardinal Incorporated University Of Louisville 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Louisville Cardinal Incorporated University Of Louisville
Is Louisville Cardinal Incorporated University Of Louisville a legitimate charity?
Louisville Cardinal Incorporated University Of Louisville (EIN: 310970482) is a registered tax-exempt nonprofit based in Kentucky. It has 10 years of IRS 990 filings on record. Total revenue: $44K. No red flags identified. Financial health grade: C.
How does Louisville Cardinal Incorporated University Of Louisville spend its money?
Louisville Cardinal Incorporated University Of Louisville reported $44K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Louisville Cardinal Incorporated University Of Louisville tax-deductible?
Louisville Cardinal Incorporated University Of Louisville is registered as a tax-exempt nonprofit (EIN: 310970482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisville Cardinal Incorporated University Of Louisville located?
Louisville Cardinal Incorporated University Of Louisville is headquartered in Louisville, Kentucky and files with the IRS under EIN 310970482.
How many years of IRS 990 filings does Louisville Cardinal Incorporated University Of Louisville have?
Louisville Cardinal Incorporated University Of Louisville has 10 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 $44K in total revenue.
Filing History
IRS 990 filing history for Louisville Cardinal Incorporated University Of Louisville showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2021), Louisville Cardinal Incorporated University Of Louisville's revenue has declined by 75.9%, moving from $181K to $44K. Total assets decreased by 92.6% over the same period, from $105K to $8K. Total functional expenses fell by 70%, from $180K to $54K. In its most recent filing year (2021), Louisville Cardinal Incorporated University Of Louisville reported a deficit of $11K, with expenses exceeding revenue. The organization holds $108 in liabilities against $8K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $44K | $54K | $8K | $108 | — | — |
| 2020 | $101K | $121K | $24K | $6K | — | — |
| 2019 | $122K | $131K | $42K | $3K | — | View 990 |
| 2018 | $121K | $126K | $51K | $3K | — | View 990 |
| 2017 | $124K | $139K | $54K | $822 | — | View 990 |
| 2016 | $156K | $134K | $71K | $4K | — | View 990 |
| 2015 | $151K | $166K | $54K | $9K | — | View 990 |
| 2014 | $145K | $185K | $66K | $6K | — | View 990 |
| 2013 | $173K | $178K | $100K | $839 | — | View 990 |
| 2012 | $181K | $180K | $105K | $851 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $44K, expenses of $54K, and assets of $8K (revenue -56.7% year-over-year).
- 2020: Revenue of $101K, expenses of $121K, and assets of $24K (revenue -17.5% year-over-year).
- 2019: Revenue of $122K, expenses of $131K, and assets of $42K (revenue +0.4% year-over-year).
- 2018: Revenue of $121K, expenses of $126K, and assets of $51K (revenue -2.5% year-over-year).
- 2017: Revenue of $124K, expenses of $139K, and assets of $54K (revenue -20.3% year-over-year).
- 2016: Revenue of $156K, expenses of $134K, and assets of $71K (revenue +3.4% year-over-year).
- 2015: Revenue of $151K, expenses of $166K, and assets of $54K (revenue +4.1% year-over-year).
- 2014: Revenue of $145K, expenses of $185K, and assets of $66K (revenue -16.0% year-over-year).
- 2013: Revenue of $173K, expenses of $178K, and assets of $100K (revenue -4.4% year-over-year).
- 2012: Revenue of $181K, expenses of $180K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisville Cardinal Incorporated University Of Louisville:
Data Sources and Methodology
This transparency report for Louisville Cardinal Incorporated University Of Louisville 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.