ZUnclassifiedEIN: 610675786· Ruling Year: 1989

Kentucky River Area Development District Inc

Hazard, Kentucky

B-Health Score
47B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.33×
Peer Median5.86×
💰
$6.0M
Total Revenue
📊
$6.3M
Total Expenses
🏦
-$2.0M
Net Assets
📋
$8.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.8%
Year-over-year change (2022 → 2023)
Net Margin
-4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.33
Net assets divided by total expenses
Liabilities-to-Assets
134.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,007,2768%$6,295,14516%$5,945,5453%
2022$5,574,32715%$5,420,6065%$5,754,1072%
2021$4,838,3427%$5,160,6795%$5,857,6672%
2020$4,516,2377%$4,904,67810%$5,722,3551%
2019$4,870,9498%$5,460,1359%$5,668,0906%
2018$5,318,9559%$6,032,37613%$6,016,5085%
2017$4,882,31111%$5,355,5224%$5,737,34736%
2016$5,491,1078%$5,553,1633%$4,218,07113%
2015$5,977,3754%$5,726,9992%$3,739,2072%
2014$6,203,9861%$5,860,9211%$3,673,9977%
2013$6,138,688$5,912,1871%$3,445,6436%
2012$6,156,5763%$5,988,5761%$3,251,5381%
2011$6,344,620$5,926,591$3,227,514

Frequently Asked Questions

What does Kentucky River Area Development District Inc do?

Kentucky River Area Development District Inc is a unclassified nonprofit organization based in Kentucky. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Kentucky River Area Development District Inc financially healthy?

Based on our 9-metric Financial Health Score model, Kentucky River Area Development District Inc has a score of 47/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Kentucky River Area Development District Inc generate?

Kentucky River Area Development District Inc reports $25.7M in annual revenue and holds $8.1M in total assets, based on IRS filings.

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