Pkt Beta Beta House Corp
Pkt Beta Beta House Corp maintains stable operations with no officer compensation amidst a decade-long decline in assets.
EIN: 205923673 · Louisville, KY · NTEE: B83 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $142K |
| Total Expenses | $122K |
| Program Spending | 85% |
| Net Assets | $44K |
| Transparency Score | 75/100 |
Is Pkt Beta Beta House Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pkt Beta Beta House Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pkt Beta Beta House Corp
Pkt Beta Beta House Corp (EIN: 205923673) is a nonprofit organization based in Louisville, KY, classified under NTEE code B83. The organization reported total revenue of $142K and total assets of $303K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pkt Beta Beta House Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pkt Beta Beta House Corp is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $133K |
| Total Expenses | $122K |
| Surplus / Deficit | +$11K |
| Total Assets | $326K |
| Total Liabilities | $282K |
| Net Assets | $44K |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 86.5% |
| Months of Reserves | 32.2 months |
Financial Health Grade: A
In 2023, Pkt Beta Beta House Corp reported a surplus of $11K with revenue exceeding expenses, holds 32.2 months of operating reserves (strong position), has a debt-to-asset ratio of 86.5% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Pkt Beta Beta House Corp's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.0% | +22.7% | -10.4% |
| 2022 | +56.9% | +34.7% | -3.0% |
| 2021 | -30.0% | -18.3% | -6.6% |
| 2020 | -14.3% | -9.1% | -7.4% |
| 2019 | +20.3% | -9.3% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pkt Beta Beta House Corp with a Mission Score of 75 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: 85%
- fundraising: 0%
According to IRS 990 filings, Pkt Beta Beta House Corp allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 86.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure or that compensation falls below reporting thresholds, which is positive for resource allocation.
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 Pkt Beta Beta House Corp's IRS 990 filings:
- Long-term decline in total assets (from $635,299 in 2014 to $325,738 in 2023)
Strengths
The following positive indicators were identified for Pkt Beta Beta House Corp:
- Consistent operating surplus in recent years (e.g., $11,273 in 2023)
- 0% officer compensation reported across all filings, indicating lean administrative costs
- Strong history of IRS 990 filings (14 filings), demonstrating transparency
- Positive net asset position in recent years (e.g., $43,950 in 2023)
Frequently Asked Questions about Pkt Beta Beta House Corp
Is Pkt Beta Beta House Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Pkt Beta Beta House Corp (EIN: 205923673) some concerns. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
How does Pkt Beta Beta House Corp spend its money?
Pkt Beta Beta House Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pkt Beta Beta House Corp tax-deductible?
Pkt Beta Beta House Corp is registered as a tax-exempt nonprofit (EIN: 205923673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Pkt Beta Beta House Corp compare to similar nonprofits?
With a transparency score of 75/100 (Good), Pkt Beta Beta House Corp is above average for NTEE category B83 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pkt Beta Beta House Corp located?
Pkt Beta Beta House Corp is headquartered in Louisville, Kentucky and files with the IRS under EIN 205923673. It is classified under NTEE code B83.
How many years of IRS 990 filings does Pkt Beta Beta House Corp have?
Pkt Beta Beta House Corp 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 $142K in total revenue.
Is Pkt Beta Beta House Corp financially stable?
Yes, the organization appears financially stable, consistently generating more revenue than expenses in recent years (e.g., $132,803 revenue vs. $121,530 expenses in 2023). However, its assets have been on a declining trend over the past decade.
How does Pkt Beta Beta House Corp manage executive compensation?
Pkt Beta Beta House Corp reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or that any compensation is below IRS reporting thresholds, which is a positive sign for minimizing administrative overhead.
What is the trend in the organization's assets?
The organization's assets have shown a significant declining trend, decreasing from $635,299 in 2014 to $325,738 in 2023.
Does Pkt Beta Beta House Corp have a good track record of filing its IRS 990s?
Yes, the organization has a strong track record with 14 filings, demonstrating consistent compliance and transparency in reporting its financial activities.
Filing History
IRS 990 filing history for Pkt Beta Beta House Corp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Pkt Beta Beta House Corp's revenue has grown by 2.8%, moving from $129K to $133K. Total assets decreased by 54.9% over the same period, from $721K to $326K. Total functional expenses rose by 2.4%, from $119K to $122K. In its most recent filing year (2023), Pkt Beta Beta House Corp reported a surplus of $11K, with revenue exceeding expenses. The organization holds $282K in liabilities against $326K in assets (debt-to-asset ratio: 86.5%), resulting in net assets of $44K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $133K | $122K | $326K | $282K | — | — |
| 2022 | $106K | $99K | $363K | $331K | — | View 990 |
| 2021 | $68K | $74K | $375K | $355K | — | View 990 |
| 2020 | $97K | $90K | $401K | $375K | — | — |
| 2019 | $113K | $99K | $433K | $420K | — | View 990 |
| 2018 | $94K | $109K | $466K | $467K | — | View 990 |
| 2017 | $69K | $88K | $504K | $497K | — | View 990 |
| 2016 | $95K | $119K | $531K | $505K | — | View 990 |
| 2015 | $63K | $82K | $579K | $506K | — | View 990 |
| 2014 | $104K | $94K | $635K | $544K | — | View 990 |
| 2013 | $124K | $91K | $652K | $570K | — | View 990 |
| 2012 | $111K | $105K | $664K | $615K | — | View 990 |
| 2011 | $122K | $121K | $691K | $647K | — | View 990 |
| 2010 | $129K | $119K | $721K | $679K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $133K, expenses of $122K, and assets of $326K (revenue +25.0% year-over-year).
- 2022: Revenue of $106K, expenses of $99K, and assets of $363K (revenue +56.9% year-over-year).
- 2021: Revenue of $68K, expenses of $74K, and assets of $375K (revenue -30.0% year-over-year).
- 2020: Revenue of $97K, expenses of $90K, and assets of $401K (revenue -14.3% year-over-year).
- 2019: Revenue of $113K, expenses of $99K, and assets of $433K (revenue +20.3% year-over-year).
- 2018: Revenue of $94K, expenses of $109K, and assets of $466K (revenue +35.7% year-over-year).
- 2017: Revenue of $69K, expenses of $88K, and assets of $504K (revenue -27.4% year-over-year).
- 2016: Revenue of $95K, expenses of $119K, and assets of $531K (revenue +51.5% year-over-year).
- 2015: Revenue of $63K, expenses of $82K, and assets of $579K (revenue -39.6% year-over-year).
- 2014: Revenue of $104K, expenses of $94K, and assets of $635K (revenue -15.8% year-over-year).
- 2013: Revenue of $124K, expenses of $91K, and assets of $652K (revenue +11.0% year-over-year).
- 2012: Revenue of $111K, expenses of $105K, and assets of $664K (revenue -8.8% year-over-year).
- 2011: Revenue of $122K, expenses of $121K, and assets of $691K (revenue -5.5% year-over-year).
- 2010: Revenue of $129K, expenses of $119K, and assets of $721K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pkt Beta Beta House Corp:
Data Sources and Methodology
This transparency report for Pkt Beta Beta House Corp 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.