University Of Louisville And Jewish Heritage Fund For Excellence Cardi
University Of Louisville And Jewish Heritage Fund For Excellence Cardi shows fluctuating revenues and expenses with zero officer compensation.
EIN: 201319658 · Louisville, KY · NTEE: H43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $909K |
| Total Expenses | $834K |
| Program Spending | 80% |
| Net Assets | $-596,493 |
| Transparency Score | 85/100 |
Is University Of Louisville And Jewish Heritage Fund For Excellence Cardi Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
University Of Louisville And Jewish Heritage Fund For Excellence Cardi directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About University Of Louisville And Jewish Heritage Fund For Excellence Cardi
University Of Louisville And Jewish Heritage Fund For Excellence Cardi (EIN: 201319658) is a nonprofit organization based in Louisville, KY, classified under NTEE code H43. The organization reported total revenue of $909K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University Of Louisville And Jewish Heritage Fund For Excellence Cardi's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
University Of Louisville And Jewish Heritage Fund For Excellence Cardi is a small nonprofit that has been operating for 18 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $673K |
| Total Expenses | $834K |
| Surplus / Deficit | $-160,894 |
| Total Assets | $22K |
| Total Liabilities | $619K |
| Net Assets | $-596,493 |
| Operating Margin | -23.9% |
| Debt-to-Asset Ratio | 2809.9% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2018, University Of Louisville And Jewish Heritage Fund For Excellence Cardi reported a deficit of $161K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 2809.9% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), University Of Louisville And Jewish Heritage Fund For Excellence Cardi's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -23.1% | -21.7% | -54.4% |
| 2017 | +25.0% | +63.8% | -16.6% |
| 2016 | +11.0% | -3.6% | -41.6% |
| 2015 | -22.4% | +29.6% | -37.2% |
| 2014 | +183.3% | -29.9% | +213.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates University Of Louisville And Jewish Heritage Fund For Excellence Cardi with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, University Of Louisville And Jewish Heritage Fund For Excellence Cardi allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $161K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2809.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly favorable for donor trust and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of University Of Louisville And Jewish Heritage Fund For Excellence Cardi's IRS 990 filings:
- Latest reported assets are $0, a significant change from previous years' reported assets.
- Inconsistent financial performance with periods of significant deficits, such as 2018 where expenses ($833,750) exceeded revenue ($672,856).
Strengths
The following positive indicators were identified for University Of Louisville And Jewish Heritage Fund For Excellence Cardi:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for mission-related activities.
- Latest revenue of $909,099 suggests a strong ability to attract funding.
- History of significant revenue generation, exceeding $1 million in some periods (e.g., 2011 and 2012).
Frequently Asked Questions about University Of Louisville And Jewish Heritage Fund For Excellence Cardi
Is University Of Louisville And Jewish Heritage Fund For Excellence Cardi a legitimate charity?
University Of Louisville And Jewish Heritage Fund For Excellence Cardi (EIN: 201319658) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 8 years of IRS 990 filings on record. Total revenue: $909K. 2 red flags identified. 3 strengths noted. Financial health grade: D.
How does University Of Louisville And Jewish Heritage Fund For Excellence Cardi spend its money?
University Of Louisville And Jewish Heritage Fund For Excellence Cardi directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to University Of Louisville And Jewish Heritage Fund For Excellence Cardi tax-deductible?
University Of Louisville And Jewish Heritage Fund For Excellence Cardi is registered as a tax-exempt nonprofit (EIN: 201319658). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of University Of Louisville And Jewish Heritage Fund For Excellence Cardi's spending goes to programs?
University Of Louisville And Jewish Heritage Fund For Excellence Cardi directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does University Of Louisville And Jewish Heritage Fund For Excellence Cardi compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), University Of Louisville And Jewish Heritage Fund For Excellence Cardi is above average for NTEE category H43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is University Of Louisville And Jewish Heritage Fund For Excellence Cardi located?
University Of Louisville And Jewish Heritage Fund For Excellence Cardi is headquartered in Louisville, Kentucky and files with the IRS under EIN 201319658. It is classified under NTEE code H43.
How many years of IRS 990 filings does University Of Louisville And Jewish Heritage Fund For Excellence Cardi have?
University Of Louisville And Jewish Heritage Fund For Excellence Cardi has 8 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 $909K in total revenue.
Why are the latest reported assets $0, despite previous years showing significant assets?
The filings show a consistent decline in reported assets from a high of $220,979 in 2011 to $22,012 in 2018, culminating in $0 for the latest period. This significant change requires further clarification to understand the organization's current financial structure and asset management.
How does the organization manage its liabilities, which have fluctuated significantly?
Liabilities have varied widely, from a low of $205,159 in 2012 to a high of $618,505 in 2018. Understanding the nature of these liabilities and the organization's strategy for managing them is crucial for assessing long-term financial stability.
What is the primary source of the organization's revenue, given the fluctuations?
Revenue has fluctuated between $286,902 (2013) and $1,089,429 (2011). Identifying the main revenue streams and their stability would provide insight into the organization's funding model.
Filing History
IRS 990 filing history for University Of Louisville And Jewish Heritage Fund For Excellence Cardi showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), University Of Louisville And Jewish Heritage Fund For Excellence Cardi's revenue has declined by 38.2%, moving from $1.1M to $673K. Total assets decreased by 90% over the same period, from $221K to $22K. Total functional expenses fell by 28%, from $1.2M to $834K. In its most recent filing year (2018), University Of Louisville And Jewish Heritage Fund For Excellence Cardi reported a deficit of $161K, with expenses exceeding revenue. The organization holds $619K in liabilities against $22K in assets (debt-to-asset ratio: 2809.9%), resulting in net assets of $-596,493.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $673K | $834K | $22K | $619K | — | View 990 |
| 2017 | $876K | $1.1M | $48K | $484K | — | View 990 |
| 2016 | $700K | $650K | $58K | $304K | — | View 990 |
| 2015 | $631K | $675K | $99K | $395K | — | View 990 |
| 2014 | $813K | $521K | $158K | $410K | — | View 990 |
| 2013 | $287K | $742K | $50K | $594K | — | View 990 |
| 2012 | $1.1M | $869K | $117K | $205K | — | View 990 |
| 2011 | $1.1M | $1.2M | $221K | $520K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $673K, expenses of $834K, and assets of $22K (revenue -23.1% year-over-year).
- 2017: Revenue of $876K, expenses of $1.1M, and assets of $48K (revenue +25.0% year-over-year).
- 2016: Revenue of $700K, expenses of $650K, and assets of $58K (revenue +11.0% year-over-year).
- 2015: Revenue of $631K, expenses of $675K, and assets of $99K (revenue -22.4% year-over-year).
- 2014: Revenue of $813K, expenses of $521K, and assets of $158K (revenue +183.3% year-over-year).
- 2013: Revenue of $287K, expenses of $742K, and assets of $50K (revenue -73.4% year-over-year).
- 2012: Revenue of $1.1M, expenses of $869K, and assets of $117K (revenue -0.9% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.2M, and assets of $221K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for University Of Louisville And Jewish Heritage Fund For Excellence Cardi:
Data Sources and Methodology
This transparency report for University Of Louisville And Jewish Heritage Fund For Excellence Cardi 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.