Practical Shepherding Inc
EIN: 461070095 · Louisville, KY · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $720K |
| Total Expenses | $516K |
| Net Assets | $349K |
Is Practical Shepherding Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Practical Shepherding Inc
Practical Shepherding Inc (EIN: 461070095) is a nonprofit organization based in Louisville, KY, classified under NTEE code X20. The organization reported total revenue of $720K and total assets of $60K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Practical Shepherding Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Practical Shepherding Inc is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 26.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $766K |
| Total Expenses | $516K |
| Surplus / Deficit | +$250K |
| Total Assets | $354K |
| Total Liabilities | $5K |
| Net Assets | $349K |
| Operating Margin | 32.6% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 8.2 months |
Financial Health Grade: A
In 2023, Practical Shepherding Inc reported a surplus of $250K with revenue exceeding expenses, holds 8.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Practical Shepherding Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +88.2% | +7.4% | +225.9% |
| 2022 | +2.8% | +51.1% | -37.1% |
| 2021 | +81.6% | +97.5% | +79.3% |
| 2020 | +74.2% | +42.2% | +147.8% |
| 2019 | +73.3% | +68.4% | +63.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Practical Shepherding 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 Practical Shepherding 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 surplus of $250K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Practical Shepherding Inc
Is Practical Shepherding Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Practical Shepherding Inc (EIN: 461070095) insufficient data. 0 red flags identified, 0 strengths noted.
How does Practical Shepherding Inc spend its money?
Detailed spending breakdown data is not yet available for Practical Shepherding Inc. Check back for updated IRS 990 analysis.
Are donations to Practical Shepherding Inc tax-deductible?
Practical Shepherding Inc is registered as a tax-exempt nonprofit (EIN: 461070095). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Practical Shepherding Inc located?
Practical Shepherding Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 461070095. It is classified under NTEE code X20.
How many years of IRS 990 filings does Practical Shepherding Inc have?
Practical Shepherding Inc has 11 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 $720K in total revenue.
Filing History
IRS 990 filing history for Practical Shepherding Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Practical Shepherding Inc's revenue has grown by 971.5%, moving from $72K to $766K. Total assets increased by 1541.1% over the same period, from $22K to $354K. Total functional expenses rose by 933.7%, from $50K to $516K. In its most recent filing year (2023), Practical Shepherding Inc reported a surplus of $250K, with revenue exceeding expenses. The organization holds $5K in liabilities against $354K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $349K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $766K | $516K | $354K | $5K | — | — |
| 2022 | $407K | $481K | $109K | $9K | — | View 990 |
| 2021 | $396K | $318K | $173K | $35 | — | View 990 |
| 2020 | $218K | $161K | $96K | $2K | — | — |
| 2019 | $125K | $113K | $39K | $1K | — | View 990 |
| 2018 | $72K | $67K | $24K | $0 | — | View 990 |
| 2017 | $50K | $49K | $19K | $0 | — | View 990 |
| 2016 | $55K | $59K | $18K | $0 | — | View 990 |
| 2015 | $59K | $89K | $22K | $0 | — | View 990 |
| 2014 | $78K | $48K | $52K | $0 | — | View 990 |
| 2013 | $72K | $50K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $766K, expenses of $516K, and assets of $354K (revenue +88.2% year-over-year).
- 2022: Revenue of $407K, expenses of $481K, and assets of $109K (revenue +2.8% year-over-year).
- 2021: Revenue of $396K, expenses of $318K, and assets of $173K (revenue +81.6% year-over-year).
- 2020: Revenue of $218K, expenses of $161K, and assets of $96K (revenue +74.2% year-over-year).
- 2019: Revenue of $125K, expenses of $113K, and assets of $39K (revenue +73.3% year-over-year).
- 2018: Revenue of $72K, expenses of $67K, and assets of $24K (revenue +43.2% year-over-year).
- 2017: Revenue of $50K, expenses of $49K, and assets of $19K (revenue -8.5% year-over-year).
- 2016: Revenue of $55K, expenses of $59K, and assets of $18K (revenue -6.2% year-over-year).
- 2015: Revenue of $59K, expenses of $89K, and assets of $22K (revenue -24.6% year-over-year).
- 2014: Revenue of $78K, expenses of $48K, and assets of $52K (revenue +9.2% year-over-year).
- 2013: Revenue of $72K, expenses of $50K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Practical Shepherding Inc:
Data Sources and Methodology
This transparency report for Practical Shepherding 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.