Skypac Tenant Inc
EIN: 453815443 · Bowling Green, KY
| Metric | Value |
|---|---|
| Total Expenses | $918K |
| Net Assets | $-2,912,259 |
Is Skypac Tenant Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Skypac Tenant Inc
Skypac Tenant Inc (EIN: 453815443) is a nonprofit organization based in Bowling Green, KY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Skypac Tenant Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Skypac Tenant Inc is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016).
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $315K |
| Total Expenses | $918K |
| Surplus / Deficit | $-602,684 |
| Total Assets | $26.7M |
| Total Liabilities | $29.6M |
| Net Assets | $-2,912,259 |
| Operating Margin | -191.3% |
| Debt-to-Asset Ratio | 110.9% |
| Months of Reserves | 348.6 months |
Financial Health Grade: C
In 2016, Skypac Tenant Inc reported a deficit of $603K with expenses exceeding revenue, holds 348.6 months of operating reserves (strong position), has a debt-to-asset ratio of 110.9% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -7.7% | -1.1% | -2.2% |
| 2015 | +8.3% | -0.6% | -2.1% |
| 2014 | +0.0% | +2.8% | -2.2% |
| 2013 | -0.6% | +11.1% | -2.0% |
AI Analysis Pending
AI enrichment for Skypac Tenant 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 Skypac Tenant 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $603K, with expenses exceeding revenue.
- Debt-to-asset ratio: 110.9%.
Frequently Asked Questions about Skypac Tenant Inc
Is Skypac Tenant Inc a legitimate charity?
Skypac Tenant Inc (EIN: 453815443) is a registered tax-exempt nonprofit based in Kentucky. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Skypac Tenant Inc spend its money?
Skypac Tenant Inc reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Skypac Tenant Inc tax-deductible?
Skypac Tenant Inc is registered as a tax-exempt nonprofit (EIN: 453815443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Skypac Tenant Inc located?
Skypac Tenant Inc is headquartered in Bowling Green, Kentucky and files with the IRS under EIN 453815443.
How many years of IRS 990 filings does Skypac Tenant Inc have?
Skypac Tenant Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Skypac Tenant Inc showing financial trends over 6 years of public records:
Total assets decreased by 9.7% over the same period, from $29.5M to $26.7M. Total functional expenses rose by 8141.7%, from $11K to $918K. In its most recent filing year (2016), Skypac Tenant Inc reported a deficit of $603K, with expenses exceeding revenue. The organization holds $29.6M in liabilities against $26.7M in assets (debt-to-asset ratio: 110.9%), resulting in net assets of $-2,912,259.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $315K | $918K | $26.7M | $29.6M | — | View 990 |
| 2015 | $341K | $928K | $27.3M | $29.6M | — | View 990 |
| 2014 | $315K | $934K | $27.8M | $29.6M | — | View 990 |
| 2013 | $315K | $908K | $28.5M | $29.6M | — | View 990 |
| 2012 | $317K | $817K | $29.1M | $29.6M | — | View 990 |
| 2011 | $0 | $11K | $29.5M | $29.5M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $315K, expenses of $918K, and assets of $26.7M (revenue -7.7% year-over-year).
- 2015: Revenue of $341K, expenses of $928K, and assets of $27.3M (revenue +8.3% year-over-year).
- 2014: Revenue of $315K, expenses of $934K, and assets of $27.8M (revenue +0.0% year-over-year).
- 2013: Revenue of $315K, expenses of $908K, and assets of $28.5M (revenue -0.6% year-over-year).
- 2012: Revenue of $317K, expenses of $817K, and assets of $29.1M.
- 2011: Revenue of $0, expenses of $11K, and assets of $29.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Skypac Tenant Inc:
Data Sources and Methodology
This transparency report for Skypac Tenant 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.