Purchase Area Regional Industrial Park Authority Inc
EIN: 611393236 · Mayfield, KY · NTEE: S32
| Metric | Value |
|---|---|
| Total Revenue | $547K |
| Total Expenses | $20K |
| Net Assets | $13.6M |
Is Purchase Area Regional Industrial Park Authority Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Purchase Area Regional Industrial Park Authority Inc
Purchase Area Regional Industrial Park Authority Inc (EIN: 611393236) is a nonprofit organization based in Mayfield, KY, classified under NTEE code S32. The organization reported total revenue of $547K and total assets of $14.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Purchase Area Regional Industrial Park Authority Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Purchase Area Regional Industrial Park Authority Inc is a small nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $534K |
| Total Expenses | $20K |
| Surplus / Deficit | +$514K |
| Total Assets | $13.6M |
| Net Assets | $13.6M |
| Operating Margin | 96.2% |
| Months of Reserves | 7970.2 months |
Financial Health Grade: A
In 2023, Purchase Area Regional Industrial Park Authority Inc reported a surplus of $514K with revenue exceeding expenses, holds 7970.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Purchase Area Regional Industrial Park Authority Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +111.9% | -33.9% | +3.9% |
| 2022 | -29.6% | -85.6% | +1.7% |
| 2021 | +18.7% | +191.6% | +1.1% |
| 2020 | -19.8% | -79.4% | +1.6% |
| 2019 | -4.3% | -21.6% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Purchase Area Regional Industrial Park Authority 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 Purchase Area Regional Industrial Park Authority 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 $514K, with revenue exceeding expenses.
Frequently Asked Questions about Purchase Area Regional Industrial Park Authority Inc
Is Purchase Area Regional Industrial Park Authority Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Purchase Area Regional Industrial Park Authority Inc (EIN: 611393236) insufficient data. 0 red flags identified, 0 strengths noted.
How does Purchase Area Regional Industrial Park Authority Inc spend its money?
Detailed spending breakdown data is not yet available for Purchase Area Regional Industrial Park Authority Inc. Check back for updated IRS 990 analysis.
Are donations to Purchase Area Regional Industrial Park Authority Inc tax-deductible?
Purchase Area Regional Industrial Park Authority Inc is registered as a tax-exempt nonprofit (EIN: 611393236). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Purchase Area Regional Industrial Park Authority Inc located?
Purchase Area Regional Industrial Park Authority Inc is headquartered in Mayfield, Kentucky and files with the IRS under EIN 611393236. It is classified under NTEE code S32.
How many years of IRS 990 filings does Purchase Area Regional Industrial Park Authority Inc have?
Purchase Area Regional Industrial Park Authority Inc has 12 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 $547K in total revenue.
Filing History
IRS 990 filing history for Purchase Area Regional Industrial Park Authority Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Purchase Area Regional Industrial Park Authority Inc's revenue has grown by 172.8%, moving from $196K to $534K. Total assets increased by 12.2% over the same period, from $12.1M to $13.6M. Total functional expenses fell by 92.2%, from $263K to $20K. In its most recent filing year (2023), Purchase Area Regional Industrial Park Authority Inc reported a surplus of $514K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $534K | $20K | $13.6M | $0 | — | — |
| 2022 | $252K | $31K | $13.1M | $1K | — | View 990 |
| 2021 | $358K | $215K | $12.8M | $0 | — | View 990 |
| 2020 | $302K | $74K | $12.7M | $0 | — | View 990 |
| 2019 | $376K | $357K | $12.5M | $20K | — | View 990 |
| 2018 | $393K | $455K | $12.5M | $52K | — | View 990 |
| 2017 | $375K | $498K | $12.5M | $5K | — | View 990 |
| 2016 | $376K | $126K | $12.6M | $2K | — | View 990 |
| 2015 | $386K | $150K | $12.4M | $2K | — | View 990 |
| 2014 | $203K | $107K | $12.2M | $2K | — | View 990 |
| 2013 | $188K | $226K | $12.1M | $3K | — | View 990 |
| 2012 | $196K | $263K | $12.1M | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $534K, expenses of $20K, and assets of $13.6M (revenue +111.9% year-over-year).
- 2022: Revenue of $252K, expenses of $31K, and assets of $13.1M (revenue -29.6% year-over-year).
- 2021: Revenue of $358K, expenses of $215K, and assets of $12.8M (revenue +18.7% year-over-year).
- 2020: Revenue of $302K, expenses of $74K, and assets of $12.7M (revenue -19.8% year-over-year).
- 2019: Revenue of $376K, expenses of $357K, and assets of $12.5M (revenue -4.3% year-over-year).
- 2018: Revenue of $393K, expenses of $455K, and assets of $12.5M (revenue +4.7% year-over-year).
- 2017: Revenue of $375K, expenses of $498K, and assets of $12.5M (revenue -0.1% year-over-year).
- 2016: Revenue of $376K, expenses of $126K, and assets of $12.6M (revenue -2.6% year-over-year).
- 2015: Revenue of $386K, expenses of $150K, and assets of $12.4M (revenue +89.8% year-over-year).
- 2014: Revenue of $203K, expenses of $107K, and assets of $12.2M (revenue +8.0% year-over-year).
- 2013: Revenue of $188K, expenses of $226K, and assets of $12.1M (revenue -3.9% year-over-year).
- 2012: Revenue of $196K, expenses of $263K, and assets of $12.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Purchase Area Regional Industrial Park Authority Inc:
Data Sources and Methodology
This transparency report for Purchase Area Regional Industrial Park Authority 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.