Nelson County Schools Community Support Inc
Nelson County Schools Community Support Inc experiences significant deficit spending in 2024 after a strong 2023.
EIN: 202903210 · Bardstown, KY · NTEE: B90 · Updated: 2026-03-28
Is Nelson County Schools Community Support Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nelson County Schools Community Support Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nelson County Schools Community Support Inc
Nelson County Schools Community Support Inc (EIN: 202903210) is a nonprofit organization based in Bardstown, KY, classified under NTEE code B90. The organization reported total revenue of $342K and total assets of $163K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nelson County Schools Community Support Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nelson County Schools Community Support 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: 80%
- fundraising: 5%
According to IRS 990 filings, Nelson County Schools Community Support Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization, which is highly commendable for a nonprofit of this size with revenues reaching over $300,000 in recent years.
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 Nelson County Schools Community Support Inc's IRS 990 filings:
- Significant deficit spending in the most recent filing (2024), with expenses exceeding revenue by $127,410.
- Substantial decrease in assets from $231,567 in 2023 to $104,157 in 2024, indicating asset depletion.
- Highly volatile revenue and expense figures year-over-year, suggesting unpredictable funding or operational cycles.
Strengths
The following positive indicators were identified for Nelson County Schools Community Support Inc:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven leadership.
- Maintains zero liabilities across all reported periods, demonstrating sound debt management.
- Significant revenue generation in recent years (e.g., $359,690 in 2023), showing capacity for fundraising.
Frequently Asked Questions about Nelson County Schools Community Support Inc
Is Nelson County Schools Community Support Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nelson County Schools Community Support Inc (EIN: 202903210) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Nelson County Schools Community Support Inc spend its money?
Nelson County Schools Community Support Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nelson County Schools Community Support Inc tax-deductible?
Nelson County Schools Community Support Inc is registered as a tax-exempt nonprofit (EIN: 202903210). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Nelson County Schools Community Support Inc financially stable?
While the organization has historically maintained zero liabilities, the significant deficit spending in 2024 ($415,030 expenses vs. $287,620 revenue) and the resulting decrease in assets from $231,567 to $104,157 raise concerns about short-term financial stability and sustainability if this trend continues.
How does the organization's spending efficiency compare to similar nonprofits?
Without detailed breakdowns of program, administrative, and fundraising expenses, a precise comparison is difficult. However, the consistent 0% officer compensation suggests a lean operational structure, which is generally a positive indicator of efficiency.
What caused the large fluctuations in revenue and expenses over the years?
The IRS 990 data alone does not specify the causes. The significant swings, such as revenue jumping from $29,990 in 2021 to $359,690 in 2023, and then expenses increasing sharply in 2024, could be due to large grants, specific projects, or changes in fundraising efforts. Further inquiry into their funding sources would be needed.
Filing History
IRS 990 filing history for Nelson County Schools Community Support Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Nelson County Schools Community Support Inc's revenue has grown by 31.6%, moving from $219K to $288K. Total assets increased by 6.1% over the same period, from $98K to $104K. Total functional expenses rose by 82.8%, from $227K to $415K. In its most recent filing year (2024), Nelson County Schools Community Support Inc reported a deficit of $127K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $288K | $415K | $104K | $0 | — | — |
| 2023 | $360K | $244K | $232K | $0 | — | View 990 |
| 2022 | $202K | $167K | $115K | $0 | — | View 990 |
| 2021 | $30K | $74K | $81K | $0 | — | — |
| 2020 | $28K | $28K | $126K | $0 | — | View 990 |
| 2019 | $34K | $19K | $126K | $0 | — | View 990 |
| 2018 | $27K | $18K | $111K | $0 | — | View 990 |
| 2017 | $333 | $694 | $13K | $0 | — | View 990 |
| 2016 | $-2,866 | $527 | $14K | $0 | — | View 990 |
| 2015 | $13K | $1K | $17K | $0 | — | View 990 |
| 2014 | $7K | $1K | $6K | $0 | — | View 990 |
| 2013 | $83K | $92K | $8K | $0 | — | View 990 |
| 2012 | $119K | $119K | $98K | $0 | — | View 990 |
| 2011 | $219K | $227K | $98K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $288K, expenses of $415K, and assets of $104K (revenue -20.0% year-over-year).
- 2023: Revenue of $360K, expenses of $244K, and assets of $232K (revenue +78.5% year-over-year).
- 2022: Revenue of $202K, expenses of $167K, and assets of $115K (revenue +572.0% year-over-year).
- 2021: Revenue of $30K, expenses of $74K, and assets of $81K (revenue +5.5% year-over-year).
- 2020: Revenue of $28K, expenses of $28K, and assets of $126K (revenue -15.7% year-over-year).
- 2019: Revenue of $34K, expenses of $19K, and assets of $126K (revenue +23.4% year-over-year).
- 2018: Revenue of $27K, expenses of $18K, and assets of $111K (revenue +8100.3% year-over-year).
- 2017: Revenue of $333, expenses of $694, and assets of $13K.
- 2016: Revenue of $-2,866, expenses of $527, and assets of $14K (revenue -122.8% year-over-year).
- 2015: Revenue of $13K, expenses of $1K, and assets of $17K (revenue +79.9% year-over-year).
- 2014: Revenue of $7K, expenses of $1K, and assets of $6K (revenue -91.6% year-over-year).
- 2013: Revenue of $83K, expenses of $92K, and assets of $8K (revenue -29.7% year-over-year).
- 2012: Revenue of $119K, expenses of $119K, and assets of $98K (revenue -45.7% year-over-year).
- 2011: Revenue of $219K, expenses of $227K, and assets of $98K.
Data Sources and Methodology
This transparency report for Nelson County Schools Community Support 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.