Nicholasville Now Inc

Nonprofit profile at a glance

EIN
611353634
IRS 990-EZ coverage
2010–2013
Forms available
Form 990-EZ 2013
Location
Nicholasville, KY, USA
Phone
8598813820
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Women's Rights

Official website

Reported finances

Revenue
$110,807
Expenses
$112,704
Assets
$25,462
Liabilities
$11,412

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • DARLENE DIXON (PRESIDENT)
  • ROBERT AMBURGEY (PRESIDENT)

People named in this filing

  • DARLENE DIXON (PRESIDENT)
  • DAVID WASH (TREASURER)
  • SUZANNE SHORT (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To foster, maintain & encourage the civic, social, commercial, tourist & economic welfare of the downtown portion of nicholasville, Kentucky.

What it reported doing in 2013

Wine/vine festival, jamboree and other events-brought number of residents & tourists to downtown to sample local wines and engage in other activities in the downtown area.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 100
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.3%; rating input score 75
  • Program expense ratio: 74%; rating input score 74

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -1.7%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 42nd percentile among comparable filings
  • Revenue growth: 0.9% per year; rating input score 100; 36th percentile among comparable filings
  • Asset growth: 31.7% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 75.3% of revenue deployed · 74% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $83K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2010 to 2013
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Sustainability: Operating margin scored 31/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.