Southern Association Of Workmens Compensation Administration
EIN: 541134611 · Lexington, KY · NTEE: Y20
| Metric | Value |
|---|---|
| Total Revenue | $436K |
| Total Expenses | $528K |
| Net Assets | $334K |
Is Southern Association Of Workmens Compensation Administration Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southern Association Of Workmens Compensation Administration
Southern Association Of Workmens Compensation Administration (EIN: 541134611) is a nonprofit organization based in Lexington, KY, classified under NTEE code Y20. The organization reported total revenue of $436K and total assets of $331K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Association Of Workmens Compensation Administration's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Association Of Workmens Compensation Administration is a small nonprofit that has been operating for 46 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $598K |
| Total Expenses | $528K |
| Surplus / Deficit | +$70K |
| Total Assets | $334K |
| Net Assets | $334K |
| Operating Margin | 11.6% |
| Months of Reserves | 7.6 months |
Financial Health Grade: A
In 2024, Southern Association Of Workmens Compensation Administration reported a surplus of $70K with revenue exceeding expenses, holds 7.6 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Southern Association Of Workmens Compensation Administration's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +65.4% | +26.6% | +26.4% |
| 2023 | -23.5% | -0.4% | -17.5% |
| 2022 | +103.3% | +120.4% | +20.1% |
| 2021 | +5.4% | +4.8% | +18.9% |
| 2020 | -57.8% | -64.6% | +21.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southern Association Of Workmens Compensation Administration 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 Southern Association Of Workmens Compensation Administration 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $70K, with revenue exceeding expenses.
Frequently Asked Questions about Southern Association Of Workmens Compensation Administration
Is Southern Association Of Workmens Compensation Administration a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Association Of Workmens Compensation Administration (EIN: 541134611) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southern Association Of Workmens Compensation Administration spend its money?
Detailed spending breakdown data is not yet available for Southern Association Of Workmens Compensation Administration. Check back for updated IRS 990 analysis.
Are donations to Southern Association Of Workmens Compensation Administration tax-deductible?
Southern Association Of Workmens Compensation Administration is registered as a tax-exempt nonprofit (EIN: 541134611). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southern Association Of Workmens Compensation Administration located?
Southern Association Of Workmens Compensation Administration is headquartered in Lexington, Kentucky and files with the IRS under EIN 541134611. It is classified under NTEE code Y20.
How many years of IRS 990 filings does Southern Association Of Workmens Compensation Administration have?
Southern Association Of Workmens Compensation Administration 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 $436K in total revenue.
Filing History
IRS 990 filing history for Southern Association Of Workmens Compensation Administration showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Southern Association Of Workmens Compensation Administration's revenue has grown by 169.3%, moving from $222K to $598K. Total assets increased by 32% over the same period, from $253K to $334K. Total functional expenses rose by 153.3%, from $209K to $528K. In its most recent filing year (2024), Southern Association Of Workmens Compensation Administration reported a surplus of $70K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $598K | $528K | $334K | $0 | — | — |
| 2023 | $361K | $417K | $264K | $0 | — | View 990 |
| 2022 | $473K | $419K | $320K | $0 | — | View 990 |
| 2021 | $232K | $190K | $266K | $0 | — | View 990 |
| 2020 | $221K | $182K | $224K | $0 | — | View 990 |
| 2019 | $523K | $513K | $185K | $0 | — | View 990 |
| 2018 | $296K | $351K | $175K | $0 | — | View 990 |
| 2017 | $395K | $420K | $230K | $0 | — | View 990 |
| 2016 | $280K | $259K | $255K | $0 | — | View 990 |
| 2015 | $211K | $236K | $234K | $0 | — | View 990 |
| 2014 | $252K | $255K | $259K | $0 | — | View 990 |
| 2013 | $239K | $234K | $263K | $0 | — | View 990 |
| 2012 | $225K | $220K | $258K | $0 | — | View 990 |
| 2011 | $222K | $209K | $253K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $598K, expenses of $528K, and assets of $334K (revenue +65.4% year-over-year).
- 2023: Revenue of $361K, expenses of $417K, and assets of $264K (revenue -23.5% year-over-year).
- 2022: Revenue of $473K, expenses of $419K, and assets of $320K (revenue +103.3% year-over-year).
- 2021: Revenue of $232K, expenses of $190K, and assets of $266K (revenue +5.4% year-over-year).
- 2020: Revenue of $221K, expenses of $182K, and assets of $224K (revenue -57.8% year-over-year).
- 2019: Revenue of $523K, expenses of $513K, and assets of $185K (revenue +76.6% year-over-year).
- 2018: Revenue of $296K, expenses of $351K, and assets of $175K (revenue -25.1% year-over-year).
- 2017: Revenue of $395K, expenses of $420K, and assets of $230K (revenue +41.2% year-over-year).
- 2016: Revenue of $280K, expenses of $259K, and assets of $255K (revenue +32.6% year-over-year).
- 2015: Revenue of $211K, expenses of $236K, and assets of $234K (revenue -16.2% year-over-year).
- 2014: Revenue of $252K, expenses of $255K, and assets of $259K (revenue +5.5% year-over-year).
- 2013: Revenue of $239K, expenses of $234K, and assets of $263K (revenue +5.9% year-over-year).
- 2012: Revenue of $225K, expenses of $220K, and assets of $258K (revenue +1.4% year-over-year).
- 2011: Revenue of $222K, expenses of $209K, and assets of $253K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Association Of Workmens Compensation Administration:
Data Sources and Methodology
This transparency report for Southern Association Of Workmens Compensation Administration 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.