Swope Group Employee Benefit Fund
EIN: 310999192 · Elizabethtown, KY
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $3.0M |
| Net Assets | $1.4M |
Is Swope Group Employee Benefit Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Swope Group Employee Benefit Fund
Swope Group Employee Benefit Fund (EIN: 310999192) is a nonprofit organization based in Elizabethtown, KY. The organization reported total revenue of $3.4M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Swope Group Employee Benefit Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Swope Group Employee Benefit Fund is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-113,755 |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | -4.0% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, Swope Group Employee Benefit Fund reported a deficit of $114K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Swope Group Employee Benefit Fund's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.8% | +13.7% | -7.3% |
| 2022 | +23.3% | +26.6% | +45.9% |
| 2021 | +21.6% | -10.4% | +74.0% |
| 2020 | +18.7% | +11.7% | -27.8% |
| 2019 | -3.3% | +20.1% | -27.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Swope Group Employee Benefit Fund 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 Swope Group Employee Benefit Fund 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 $114K, with expenses exceeding revenue.
Frequently Asked Questions about Swope Group Employee Benefit Fund
Is Swope Group Employee Benefit Fund a legitimate charity?
Swope Group Employee Benefit Fund (EIN: 310999192) is a registered tax-exempt nonprofit based in Kentucky. It has 13 years of IRS 990 filings on record. Total revenue: $3.4M. No red flags identified. Financial health grade: B.
How does Swope Group Employee Benefit Fund spend its money?
Swope Group Employee Benefit Fund reported $3.4M 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 Swope Group Employee Benefit Fund tax-deductible?
Swope Group Employee Benefit Fund is registered as a tax-exempt nonprofit (EIN: 310999192). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Swope Group Employee Benefit Fund located?
Swope Group Employee Benefit Fund is headquartered in Elizabethtown, Kentucky and files with the IRS under EIN 310999192.
How many years of IRS 990 filings does Swope Group Employee Benefit Fund have?
Swope Group Employee Benefit Fund 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 $3.4M in total revenue.
Filing History
IRS 990 filing history for Swope Group Employee Benefit Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Swope Group Employee Benefit Fund's revenue has declined by 22.1%, moving from $3.7M to $2.9M. Total assets decreased by 19.9% over the same period, from $1.8M to $1.4M. Total functional expenses fell by 27%, from $4.1M to $3.0M. In its most recent filing year (2023), Swope Group Employee Benefit Fund reported a deficit of $114K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $3.0M | $1.4M | $0 | — | — |
| 2022 | $3.1M | $2.6M | $1.6M | $0 | — | View 990 |
| 2021 | $2.5M | $2.1M | $1.1M | $0 | — | View 990 |
| 2020 | $2.1M | $2.3M | $612K | $0 | — | — |
| 2019 | $1.7M | $2.1M | $848K | $0 | — | View 990 |
| 2018 | $1.8M | $1.7M | $1.2M | $0 | — | View 990 |
| 2017 | $1.8M | $2.1M | $1.1M | $0 | — | — |
| 2016 | $1.9M | $1.9M | $1.3M | $0 | — | View 990 |
| 2015 | $5.3M | $5.7M | $1.3M | $0 | — | View 990 |
| 2014 | $5.6M | $4.6M | $1.7M | $0 | — | View 990 |
| 2013 | $4.9M | $5.5M | $691K | $7K | — | View 990 |
| 2012 | $4.1M | $4.6M | $1.3M | $7K | — | View 990 |
| 2011 | $3.7M | $4.1M | $1.8M | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $3.0M, and assets of $1.4M (revenue -7.8% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.6M, and assets of $1.6M (revenue +23.3% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.1M, and assets of $1.1M (revenue +21.6% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.3M, and assets of $612K (revenue +18.7% year-over-year).
- 2019: Revenue of $1.7M, expenses of $2.1M, and assets of $848K (revenue -3.3% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $1.2M (revenue +0.1% year-over-year).
- 2017: Revenue of $1.8M, expenses of $2.1M, and assets of $1.1M (revenue -5.3% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $1.3M (revenue -64.1% year-over-year).
- 2015: Revenue of $5.3M, expenses of $5.7M, and assets of $1.3M (revenue -5.2% year-over-year).
- 2014: Revenue of $5.6M, expenses of $4.6M, and assets of $1.7M (revenue +13.9% year-over-year).
- 2013: Revenue of $4.9M, expenses of $5.5M, and assets of $691K (revenue +20.4% year-over-year).
- 2012: Revenue of $4.1M, expenses of $4.6M, and assets of $1.3M (revenue +11.2% year-over-year).
- 2011: Revenue of $3.7M, expenses of $4.1M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Swope Group Employee Benefit Fund:
Data Sources and Methodology
This transparency report for Swope Group Employee Benefit Fund 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.