Northern Kentucky Education Council Inc
Northern Kentucky Education Council Inc. consistently operates with no reported officer compensation, maintaining modest assets and tight financial margins.
EIN: 203105862 · Florence, KY · NTEE: B90 · Updated: 2026-03-28
Is Northern Kentucky Education Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northern Kentucky Education Council Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northern Kentucky Education Council Inc
Northern Kentucky Education Council Inc (EIN: 203105862) is a nonprofit organization based in Florence, KY, classified under NTEE code B90. The organization reported total revenue of $1.1M and total assets of $416K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Kentucky Education Council 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 Northern Kentucky Education Council Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Northern Kentucky Education Council Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers. This is highly unusual for an organization of this size and suggests either a volunteer-led executive team or compensation being reported under other expense categories, though the former is more likely given the consistent reporting.
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 Northern Kentucky Education Council Inc's IRS 990 filings:
- Expenses frequently exceed revenue, indicating potential reliance on prior year surpluses or fluctuating funding streams (e.g., 202306: Expenses $369,230 vs. Revenue $327,228; 201906: Expenses $481,592 vs. Revenue $377,708).
- Modest asset base relative to annual expenses, suggesting limited financial reserves for unexpected events or future growth.
Strengths
The following positive indicators were identified for Northern Kentucky Education Council Inc:
- Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to directing funds to programs and minimizing administrative overhead at the executive level.
- Regular IRS 990 filing history (12 filings), indicating good transparency and compliance.
- Low liabilities in most periods, suggesting responsible debt management (e.g., $14,088 in 202306, $1 in 202206).
Frequently Asked Questions about Northern Kentucky Education Council Inc
Is Northern Kentucky Education Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northern Kentucky Education Council Inc (EIN: 203105862) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Northern Kentucky Education Council Inc spend its money?
Northern Kentucky Education Council Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northern Kentucky Education Council Inc tax-deductible?
Northern Kentucky Education Council Inc is registered as a tax-exempt nonprofit (EIN: 203105862). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Northern Kentucky Education Council Inc. financially stable?
The organization appears stable, but operates with tight margins. In 202306, expenses ($369,230) exceeded revenue ($327,228), and similar trends are seen in other years (e.g., 201906, 201706, 201506). While assets have grown to $122,989 in 202306, they remain modest relative to annual expenses, suggesting limited reserves.
How does Northern Kentucky Education Council Inc. manage executive pay?
The organization consistently reports 0% officer compensation across all 12 available filings, indicating that no salaries are paid to its officers. This is a strong indicator of a volunteer-led executive structure or that executive functions are covered by other staff roles not classified as officers.
What is the trend in the organization's assets?
Assets have fluctuated but show a general upward trend in recent years, from a low of $17,392 in 201906 to $122,989 in 202306. This indicates some accumulation of resources, though the overall asset base remains relatively small compared to its annual revenue.
Filing History
IRS 990 filing history for Northern Kentucky Education Council Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Northern Kentucky Education Council Inc's revenue has declined by 20.4%, moving from $411K to $327K. Total assets increased by 23.7% over the same period, from $99K to $123K. Total functional expenses fell by 1.3%, from $374K to $369K. In its most recent filing year (2023), Northern Kentucky Education Council Inc reported a deficit of $42K, with expenses exceeding revenue. The organization holds $14K in liabilities against $123K in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $109K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $327K | $369K | $123K | $14K | — | View 990 |
| 2022 | $446K | $367K | $151K | $1 | — | View 990 |
| 2021 | $312K | $296K | $89K | $17K | — | — |
| 2020 | $255K | $215K | $73K | $17K | — | View 990 |
| 2019 | $378K | $482K | $17K | $1K | — | View 990 |
| 2018 | $496K | $429K | $121K | $825 | — | View 990 |
| 2017 | $580K | $618K | $108K | $55K | — | View 990 |
| 2016 | $545K | $536K | $250K | $158K | — | View 990 |
| 2015 | $500K | $578K | $119K | $30K | — | View 990 |
| 2014 | $584K | $539K | $211K | $44K | — | View 990 |
| 2013 | $473K | $450K | $122K | $0 | — | View 990 |
| 2012 | $411K | $374K | $99K | $500 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $327K, expenses of $369K, and assets of $123K (revenue -26.6% year-over-year).
- 2022: Revenue of $446K, expenses of $367K, and assets of $151K (revenue +42.8% year-over-year).
- 2021: Revenue of $312K, expenses of $296K, and assets of $89K (revenue +22.6% year-over-year).
- 2020: Revenue of $255K, expenses of $215K, and assets of $73K (revenue -32.6% year-over-year).
- 2019: Revenue of $378K, expenses of $482K, and assets of $17K (revenue -23.9% year-over-year).
- 2018: Revenue of $496K, expenses of $429K, and assets of $121K (revenue -14.5% year-over-year).
- 2017: Revenue of $580K, expenses of $618K, and assets of $108K (revenue +6.4% year-over-year).
- 2016: Revenue of $545K, expenses of $536K, and assets of $250K (revenue +9.0% year-over-year).
- 2015: Revenue of $500K, expenses of $578K, and assets of $119K (revenue -14.5% year-over-year).
- 2014: Revenue of $584K, expenses of $539K, and assets of $211K (revenue +23.6% year-over-year).
- 2013: Revenue of $473K, expenses of $450K, and assets of $122K (revenue +15.1% year-over-year).
- 2012: Revenue of $411K, expenses of $374K, and assets of $99K.
Data Sources and Methodology
This transparency report for Northern Kentucky Education Council 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.