Our Lady Of The Rosary School Inc
Our Lady Of The Rosary School Inc. consistently operates with modest revenues and expenses, showing no officer compensation and zero liabilities.
EIN: 113658811 · Bardstown, KY · NTEE: B20 · Updated: 2026-03-28
Is Our Lady Of The Rosary School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Our Lady Of The Rosary School Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Our Lady Of The Rosary School Inc
Our Lady Of The Rosary School Inc (EIN: 113658811) is a nonprofit organization based in Bardstown, KY, classified under NTEE code B20. The organization reported total revenue of $32K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Our Lady Of The Rosary School 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 Our Lady Of The Rosary School 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: 90%
- fundraising: 0%
According to IRS 990 filings, Our Lady Of The Rosary School Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size.
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 Our Lady Of The Rosary School Inc's IRS 990 filings:
- Expenses occasionally exceed revenue, as seen in 202312 ($46,175 expenses vs. $42,206 revenue), which could lead to asset depletion over time if not managed.
Strengths
The following positive indicators were identified for Our Lady Of The Rosary School Inc:
- Consistent reporting of zero officer compensation across all filings, indicating a volunteer-driven leadership.
- Zero liabilities reported in all available filings, demonstrating strong financial stability and no debt burden.
- Consistent filing of IRS Form 990s, indicating good transparency and compliance.
- Stable asset base relative to annual revenue, providing financial resilience for a small organization.
Frequently Asked Questions about Our Lady Of The Rosary School Inc
Is Our Lady Of The Rosary School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Our Lady Of The Rosary School Inc (EIN: 113658811) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Our Lady Of The Rosary School Inc spend its money?
Our Lady Of The Rosary School Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Our Lady Of The Rosary School Inc tax-deductible?
Our Lady Of The Rosary School Inc is registered as a tax-exempt nonprofit (EIN: 113658811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Our Lady Of The Rosary School Inc a good charity?
Based on the provided data, Our Lady Of The Rosary School Inc appears to be a well-managed, small nonprofit. It consistently files its IRS 990s, reports zero liabilities, and has no officer compensation, suggesting a strong commitment to its mission and efficient use of funds. Its financial health is stable, though it occasionally runs small deficits.
How does Our Lady Of The Rosary School Inc manage its finances given fluctuating revenues?
The organization manages its finances by maintaining a lean operation with no officer compensation and zero liabilities. While revenues and expenses fluctuate, the asset base remains relatively stable, indicating prudent management of its resources to absorb minor operational variances.
What is the trend in Our Lady Of The Rosary School Inc's assets?
Our Lady Of The Rosary School Inc's assets have shown a gradual decline from a peak of $89,117 in 201812 to $69,624 in 202312. While this is a decrease, the assets remain substantial relative to its annual revenue, providing a buffer for operations.
Filing History
IRS 990 filing history for Our Lady Of The Rosary School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Our Lady Of The Rosary School Inc's revenue has declined by 58.2%, moving from $101K to $42K. Total assets decreased by 33.8% over the same period, from $105K to $70K. Total functional expenses fell by 53.7%, from $100K to $46K. In its most recent filing year (2023), Our Lady Of The Rosary School Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $42K | $46K | $70K | $0 | — | View 990 |
| 2022 | $33K | $39K | $74K | $0 | — | View 990 |
| 2021 | $46K | $48K | $79K | $0 | — | View 990 |
| 2020 | $47K | $47K | $81K | $0 | — | View 990 |
| 2019 | $38K | $46K | $81K | $0 | — | View 990 |
| 2018 | $51K | $46K | $89K | $0 | — | View 990 |
| 2017 | $58K | $57K | $84K | $0 | — | View 990 |
| 2016 | $59K | $56K | $83K | $0 | — | View 990 |
| 2015 | $62K | $60K | $80K | $0 | — | View 990 |
| 2014 | $61K | $60K | $78K | $0 | — | View 990 |
| 2013 | $74K | $77K | $78K | $0 | — | View 990 |
| 2012 | $91K | $92K | $80K | $0 | — | View 990 |
| 2011 | $101K | $100K | $105K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42K, expenses of $46K, and assets of $70K (revenue +26.4% year-over-year).
- 2022: Revenue of $33K, expenses of $39K, and assets of $74K (revenue -27.5% year-over-year).
- 2021: Revenue of $46K, expenses of $48K, and assets of $79K (revenue -3.0% year-over-year).
- 2020: Revenue of $47K, expenses of $47K, and assets of $81K (revenue +26.0% year-over-year).
- 2019: Revenue of $38K, expenses of $46K, and assets of $81K (revenue -26.7% year-over-year).
- 2018: Revenue of $51K, expenses of $46K, and assets of $89K (revenue -11.3% year-over-year).
- 2017: Revenue of $58K, expenses of $57K, and assets of $84K (revenue -1.8% year-over-year).
- 2016: Revenue of $59K, expenses of $56K, and assets of $83K (revenue -4.5% year-over-year).
- 2015: Revenue of $62K, expenses of $60K, and assets of $80K (revenue +1.9% year-over-year).
- 2014: Revenue of $61K, expenses of $60K, and assets of $78K (revenue -18.5% year-over-year).
- 2013: Revenue of $74K, expenses of $77K, and assets of $78K (revenue -18.0% year-over-year).
- 2012: Revenue of $91K, expenses of $92K, and assets of $80K (revenue -10.2% year-over-year).
- 2011: Revenue of $101K, expenses of $100K, and assets of $105K.
Data Sources and Methodology
This transparency report for Our Lady Of The Rosary School 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.