Louisville & Nashville Railroad Historical Society Inc
EIN: 611140323 · Louisville, KY · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $107K |
| Total Expenses | $63K |
| Net Assets | $359K |
Is Louisville & Nashville Railroad Historical Society Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louisville & Nashville Railroad Historical Society Inc
Louisville & Nashville Railroad Historical Society Inc (EIN: 611140323) is a nonprofit organization based in Louisville, KY, classified under NTEE code A80. The organization reported total revenue of $107K and total assets of $383K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisville & Nashville Railroad Historical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisville & Nashville Railroad Historical Society Inc is a small nonprofit that has been operating for 13 years, with 14 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $51K |
| Total Expenses | $63K |
| Surplus / Deficit | $-12,186 |
| Total Assets | $361K |
| Total Liabilities | $2K |
| Net Assets | $359K |
| Operating Margin | -24.0% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 68.9 months |
Financial Health Grade: B
In 2023, Louisville & Nashville Railroad Historical Society Inc reported a deficit of $12K with expenses exceeding revenue, holds 68.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2008–2023), Louisville & Nashville Railroad Historical Society Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.9% | +46.0% | -3.3% |
| 2022 | +9.3% | -18.4% | +4.2% |
| 2021 | +26.7% | +35.9% | +0.2% |
| 2020 | -31.0% | -29.0% | +0.8% |
| 2019 | +11.4% | +6.5% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisville & Nashville Railroad Historical Society Inc 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 & Nashville Railroad Historical Society Inc 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 deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Louisville & Nashville Railroad Historical Society Inc
Is Louisville & Nashville Railroad Historical Society Inc a legitimate charity?
Louisville & Nashville Railroad Historical Society Inc (EIN: 611140323) is a registered tax-exempt nonprofit based in Kentucky. It has 14 years of IRS 990 filings on record. Total revenue: $107K. No red flags identified. Financial health grade: B.
How does Louisville & Nashville Railroad Historical Society Inc spend its money?
Louisville & Nashville Railroad Historical Society Inc reported $107K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Louisville & Nashville Railroad Historical Society Inc tax-deductible?
Louisville & Nashville Railroad Historical Society Inc is registered as a tax-exempt nonprofit (EIN: 611140323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisville & Nashville Railroad Historical Society Inc located?
Louisville & Nashville Railroad Historical Society Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 611140323. It is classified under NTEE code A80.
How many years of IRS 990 filings does Louisville & Nashville Railroad Historical Society Inc have?
Louisville & Nashville Railroad Historical Society Inc has 14 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 $107K in total revenue.
Filing History
IRS 990 filing history for Louisville & Nashville Railroad Historical Society Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2008–2023), Louisville & Nashville Railroad Historical Society Inc's revenue has declined by 25.6%, moving from $68K to $51K. Total assets increased by 8.7% over the same period, from $332K to $361K. Total functional expenses rose by 17.3%, from $54K to $63K. In its most recent filing year (2023), Louisville & Nashville Railroad Historical Society Inc reported a deficit of $12K, with expenses exceeding revenue. The organization holds $2K in liabilities against $361K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $359K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $51K | $63K | $361K | $2K | — | — |
| 2022 | $58K | $43K | $373K | $2K | — | View 990 |
| 2021 | $53K | $53K | $358K | $995 | — | — |
| 2020 | $42K | $39K | $357K | $69 | — | View 990 |
| 2019 | $60K | $55K | $354K | $7 | — | View 990 |
| 2018 | $54K | $51K | $349K | $48 | — | View 990 |
| 2017 | $44K | $50K | $346K | $13 | — | View 990 |
| 2016 | $54K | $56K | $352K | $0 | — | View 990 |
| 2015 | $61K | $54K | $355K | $0 | — | View 990 |
| 2014 | $46K | $53K | $348K | $0 | — | View 990 |
| 2013 | $21K | $23K | $355K | $0 | — | View 990 |
| 2010 | $18K | $9K | $355K | $0 | — | View 990 |
| 2009 | $62K | $48K | $346K | $0 | — | View 990 |
| 2008 | $68K | $54K | $332K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $51K, expenses of $63K, and assets of $361K (revenue -11.9% year-over-year).
- 2022: Revenue of $58K, expenses of $43K, and assets of $373K (revenue +9.3% year-over-year).
- 2021: Revenue of $53K, expenses of $53K, and assets of $358K (revenue +26.7% year-over-year).
- 2020: Revenue of $42K, expenses of $39K, and assets of $357K (revenue -31.0% year-over-year).
- 2019: Revenue of $60K, expenses of $55K, and assets of $354K (revenue +11.4% year-over-year).
- 2018: Revenue of $54K, expenses of $51K, and assets of $349K (revenue +22.5% year-over-year).
- 2017: Revenue of $44K, expenses of $50K, and assets of $346K (revenue -18.1% year-over-year).
- 2016: Revenue of $54K, expenses of $56K, and assets of $352K (revenue -11.0% year-over-year).
- 2015: Revenue of $61K, expenses of $54K, and assets of $355K (revenue +32.6% year-over-year).
- 2014: Revenue of $46K, expenses of $53K, and assets of $348K (revenue +117.2% year-over-year).
- 2013: Revenue of $21K, expenses of $23K, and assets of $355K (revenue +17.3% year-over-year).
- 2010: Revenue of $18K, expenses of $9K, and assets of $355K (revenue -71.3% year-over-year).
- 2009: Revenue of $62K, expenses of $48K, and assets of $346K (revenue -8.4% year-over-year).
- 2008: Revenue of $68K, expenses of $54K, and assets of $332K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisville & Nashville Railroad Historical Society Inc:
Data Sources and Methodology
This transparency report for Louisville & Nashville Railroad Historical Society 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.