St Georges Scholar Institute Inc
EIN: 610651560 · Louisville, KY
| Metric | Value |
|---|---|
| Total Revenue | $538K |
| Total Expenses | $693K |
| Net Assets | $667 |
Is St Georges Scholar Institute Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About St Georges Scholar Institute Inc
St Georges Scholar Institute Inc (EIN: 610651560) is a nonprofit organization based in Louisville, KY. The organization reported total revenue of $538K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Georges Scholar Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Georges Scholar Institute Inc is a small nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $653K |
| Total Expenses | $693K |
| Surplus / Deficit | $-40,118 |
| Total Assets | $101K |
| Total Liabilities | $100K |
| Net Assets | $667 |
| Operating Margin | -6.1% |
| Debt-to-Asset Ratio | 99.3% |
| Months of Reserves | 1.7 months |
Financial Health Grade: D
In 2023, St Georges Scholar Institute Inc reported a deficit of $40K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 99.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Georges Scholar Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +111.9% | +78.3% | -29.8% |
| 2022 | +21.3% | +44.5% | -35.9% |
| 2021 | -20.9% | +30.0% | -14.4% |
| 2020 | +26.8% | -22.7% | +6524.5% |
| 2019 | -3.3% | +11.5% | -86.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for St Georges Scholar Institute 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 St Georges Scholar Institute 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 $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 99.3%.
Frequently Asked Questions about St Georges Scholar Institute Inc
Is St Georges Scholar Institute Inc a legitimate charity?
St Georges Scholar Institute Inc (EIN: 610651560) is a registered tax-exempt nonprofit based in Kentucky. It has 13 years of IRS 990 filings on record. Total revenue: $538K. No red flags identified. Financial health grade: D.
How does St Georges Scholar Institute Inc spend its money?
St Georges Scholar Institute Inc reported $538K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to St Georges Scholar Institute Inc tax-deductible?
St Georges Scholar Institute Inc is registered as a tax-exempt nonprofit (EIN: 610651560). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is St Georges Scholar Institute Inc located?
St Georges Scholar Institute Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 610651560.
How many years of IRS 990 filings does St Georges Scholar Institute Inc have?
St Georges Scholar Institute Inc has 13 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 $538K in total revenue.
Filing History
IRS 990 filing history for St Georges Scholar Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Georges Scholar Institute Inc's revenue has grown by 179.8%, moving from $233K to $653K. Total assets increased by 86% over the same period, from $54K to $101K. Total functional expenses rose by 179.9%, from $247K to $693K. In its most recent filing year (2023), St Georges Scholar Institute Inc reported a deficit of $40K, with expenses exceeding revenue. The organization holds $100K in liabilities against $101K in assets (debt-to-asset ratio: 99.3%), resulting in net assets of $667.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $653K | $693K | $101K | $100K | — | — |
| 2022 | $308K | $388K | $143K | $103K | — | View 990 |
| 2021 | $254K | $269K | $224K | $103K | — | View 990 |
| 2020 | $321K | $207K | $261K | $125K | — | — |
| 2019 | $253K | $268K | $4K | $0 | — | View 990 |
| 2018 | $262K | $240K | $29K | $0 | — | View 990 |
| 2017 | $196K | $190K | $7K | $0 | — | View 990 |
| 2016 | $207K | $166K | $15K | $3K | — | View 990 |
| 2015 | $214K | $218K | $24K | $4K | — | View 990 |
| 2014 | $249K | $254K | $26K | $5K | — | View 990 |
| 2013 | $226K | $232K | $32K | $6K | — | View 990 |
| 2012 | $208K | $229K | $33K | $0 | — | View 990 |
| 2011 | $233K | $247K | $54K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $653K, expenses of $693K, and assets of $101K (revenue +111.9% year-over-year).
- 2022: Revenue of $308K, expenses of $388K, and assets of $143K (revenue +21.3% year-over-year).
- 2021: Revenue of $254K, expenses of $269K, and assets of $224K (revenue -20.9% year-over-year).
- 2020: Revenue of $321K, expenses of $207K, and assets of $261K (revenue +26.8% year-over-year).
- 2019: Revenue of $253K, expenses of $268K, and assets of $4K (revenue -3.3% year-over-year).
- 2018: Revenue of $262K, expenses of $240K, and assets of $29K (revenue +33.7% year-over-year).
- 2017: Revenue of $196K, expenses of $190K, and assets of $7K (revenue -5.5% year-over-year).
- 2016: Revenue of $207K, expenses of $166K, and assets of $15K (revenue -3.1% year-over-year).
- 2015: Revenue of $214K, expenses of $218K, and assets of $24K (revenue -14.1% year-over-year).
- 2014: Revenue of $249K, expenses of $254K, and assets of $26K (revenue +10.1% year-over-year).
- 2013: Revenue of $226K, expenses of $232K, and assets of $32K (revenue +8.8% year-over-year).
- 2012: Revenue of $208K, expenses of $229K, and assets of $33K (revenue -10.9% year-over-year).
- 2011: Revenue of $233K, expenses of $247K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Georges Scholar Institute Inc:
Data Sources and Methodology
This transparency report for St Georges Scholar Institute 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.