Kentucky 4-H Foundation Inc
- Assets
- $12.7m
- Revenue
- $9.0m
- Investments
- $4.2m
- Employees
- 4
- Location
- Lexington, KY
- Founding
- 06/2009
- Data as of
- 12/2023
- EIN
- 23-7437297
Organization Overview
Kentucky 4-H Foundation Inc is located in Lexington, KY. The organization was established in 2009. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Kentucky 4-H Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky 4-H Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Kentucky 4-H Foundation Inc generated $9.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $3.0m during the year ending 12/2023. While expenses have increased by 10.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ACTIVELY ASSIST, ADVANCE AND SUPPORT THE STATE AND COUNTY 4-H YOUTH DEVELOPMENT PROGRAMS. TO ENCOURAGE AND SUPPORT YOUTH LEADERSHIP DEVELOPMENT AND EDUCATION. TO RECOGNIZE, SUPPORT AND ASSIST TRAINED 4-H ADULT AND TEEN VOLUNTEER LEADERS. TO SUPPORT AND ASSIST IN SECURING FUNDING FOR THE FOUR 4-H CAMPING CENTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING HIGH QUALITY EDUCATIONAL INSTRUCTION TO KENTUCKY 4-HERS BY PLANNING, PROMOTING, IMPLEMENTING AND EVALUATING 4-H PROGRAMS IN ORDER TO MEET THE INTEREST AND NEEDS OF THE COMMONWEALTH OF KENTUCKY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Hutchinson PHD Chairman And Director | OfficerTrustee | 2 | $0 |
Melanie Lyons Watson Vice Chairman And Director | OfficerTrustee | 2 | $0 |
Elizabeth Lunsford Secretary And Director | OfficerTrustee | 2 | $0 |
Glen S Kinder Treasurer And Director | OfficerTrustee | 2 | $0 |
Fran Mccall Director | Trustee | 0.5 | $0 |
Ryan Bivens Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $142,812 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,471,055 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,613,867 |
| Total Program Service Revenue | $1,152,249 |
| Investment income | $279,482 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $367 |
| Net Income from Fundraising Events | -$51,076 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,994,889 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,097 |
| Compensation of current officers, directors, key employees. | $99,097 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,713 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,380 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,748 |
| Fees for services: Accounting | $21,595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,525 |
| Fees for services: Other | $147,016 |
| Advertising and promotion | $13,856 |
| Office expenses | $22,052 |
| Information technology | $22,995 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $344,510 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,307 |
| Insurance | $22,865 |
| All other expenses | $120,217 |
| Total functional expenses | $2,966,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,988,627 |
| Savings and temporary cash investments | $1,154,414 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $79,667 |
| Investments—publicly traded securities | $4,331,543 |
| Investments—other securities | $4,171,702 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,725,953 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $54,720 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $54,720 |
| Net assets without donor restrictions | $2,716,711 |
| Net assets with donor restrictions | $9,954,522 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,725,953 |