School Of Journalism Foundation Of Kentucky Inc
EIN: 610654689 · Frankfort, KY · NTEE: B82Z
| Metric | Value |
|---|---|
| Total Revenue | $78K |
| Total Expenses | $46K |
| Net Assets | $262K |
Is School Of Journalism Foundation Of Kentucky Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About School Of Journalism Foundation Of Kentucky Inc
School Of Journalism Foundation Of Kentucky Inc (EIN: 610654689) is a nonprofit organization based in Frankfort, KY, classified under NTEE code B82Z. The organization reported total revenue of $78K and total assets of $253K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of School Of Journalism Foundation Of Kentucky Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
School Of Journalism Foundation Of Kentucky Inc is a micro nonprofit that has been operating for 60 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -22.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $46K |
| Surplus / Deficit | $-41,086 |
| Total Assets | $262K |
| Total Liabilities | $1 |
| Net Assets | $262K |
| Operating Margin | -799.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 67.9 months |
Financial Health Grade: B
In 2023, School Of Journalism Foundation Of Kentucky Inc reported a deficit of $41K with expenses exceeding revenue, holds 67.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), School Of Journalism Foundation Of Kentucky Inc's revenue has declined at a compound annual growth rate (CAGR) of -22.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.5% | +1.1% | -13.6% |
| 2022 | -57.5% | +146.4% | -10.6% |
| 2021 | +3.1% | -76.3% | +1.3% |
| 2020 | -69.6% | -1.0% | -14.4% |
| 2019 | -24.3% | -36.4% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for School Of Journalism Foundation Of Kentucky 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 School Of Journalism Foundation Of Kentucky 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 deficit of $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about School Of Journalism Foundation Of Kentucky Inc
Is School Of Journalism Foundation Of Kentucky Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, School Of Journalism Foundation Of Kentucky Inc (EIN: 610654689) insufficient data. 0 red flags identified, 0 strengths noted.
How does School Of Journalism Foundation Of Kentucky Inc spend its money?
Detailed spending breakdown data is not yet available for School Of Journalism Foundation Of Kentucky Inc. Check back for updated IRS 990 analysis.
Are donations to School Of Journalism Foundation Of Kentucky Inc tax-deductible?
School Of Journalism Foundation Of Kentucky Inc is registered as a tax-exempt nonprofit (EIN: 610654689). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is School Of Journalism Foundation Of Kentucky Inc located?
School Of Journalism Foundation Of Kentucky Inc is headquartered in Frankfort, Kentucky and files with the IRS under EIN 610654689. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does School Of Journalism Foundation Of Kentucky Inc have?
School Of Journalism Foundation Of Kentucky Inc has 10 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 $78K in total revenue.
Filing History
IRS 990 filing history for School Of Journalism Foundation Of Kentucky Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), School Of Journalism Foundation Of Kentucky Inc's revenue has declined by 95.3%, moving from $108K to $5K. Total assets decreased by 37.1% over the same period, from $416K to $262K. Total functional expenses fell by 43.7%, from $82K to $46K. In its most recent filing year (2023), School Of Journalism Foundation Of Kentucky Inc reported a deficit of $41K, with expenses exceeding revenue. The organization holds $1 in liabilities against $262K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $262K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $46K | $262K | $1 | — | — |
| 2022 | $10K | $46K | $303K | $1 | — | View 990 |
| 2021 | $23K | $19K | $339K | $1 | — | — |
| 2020 | $22K | $78K | $334K | $1 | — | — |
| 2019 | $73K | $79K | $390K | $1 | — | View 990 |
| 2015 | $97K | $125K | $384K | $0 | — | View 990 |
| 2014 | $109K | $144K | $421K | $10K | — | View 990 |
| 2013 | $121K | $87K | $446K | $0 | — | View 990 |
| 2012 | $87K | $90K | $412K | $0 | — | View 990 |
| 2011 | $108K | $82K | $416K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $46K, and assets of $262K (revenue -47.5% year-over-year).
- 2022: Revenue of $10K, expenses of $46K, and assets of $303K (revenue -57.5% year-over-year).
- 2021: Revenue of $23K, expenses of $19K, and assets of $339K (revenue +3.1% year-over-year).
- 2020: Revenue of $22K, expenses of $78K, and assets of $334K (revenue -69.6% year-over-year).
- 2019: Revenue of $73K, expenses of $79K, and assets of $390K (revenue -24.3% year-over-year).
- 2015: Revenue of $97K, expenses of $125K, and assets of $384K (revenue -11.3% year-over-year).
- 2014: Revenue of $109K, expenses of $144K, and assets of $421K (revenue -9.7% year-over-year).
- 2013: Revenue of $121K, expenses of $87K, and assets of $446K (revenue +40.1% year-over-year).
- 2012: Revenue of $87K, expenses of $90K, and assets of $412K (revenue -20.1% year-over-year).
- 2011: Revenue of $108K, expenses of $82K, and assets of $416K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for School Of Journalism Foundation Of Kentucky Inc:
Data Sources and Methodology
This transparency report for School Of Journalism Foundation Of Kentucky 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.