Fayette Alliance Foundation Inc
- Assets
- $1.5m
- Revenue
- $691.8k
- Investments
- $0.0
- Employees
- 6
- Location
- Lexington, KY
- Founding
- 03/2015
- Data as of
- 12/2021
- EIN
- 47-2128336
Organization Overview
Fayette Alliance Foundation Inc is located in Lexington, KY. The organization was established in 2015. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Fayette Alliance Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fayette Alliance 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 12/2021, Fayette Alliance Foundation Inc generated $691.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $482.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT AND PROMOTE PUBLIC EDUCATION, OUTREACH, AND RESEARCH INITIATIVES RELATING TO LAND USE IN LEXINGTON-FAYETTE COUNTY, KENTUCKY.
Describe the Organization's Program Activity:
THE FOUNDATION PROMOTES PUBLIC EDUCATION TO FAYETTE COUNTY CITIZENS TO RAISE THE COMMUNITY'S KNOWLEDGE ON THE IMPORTANCE OF LAND-USE PLANNING ISSUES.
THE FOUNDATION SPONSORS OUTREACH BY SUPPORTING PROGRAMS AND INITIATIVES THAT RAISE AWARENESS ABOUT SUSTAINABLE GROWTH IN THE COMMUNITY.
THE FOUNDATION PROVIDES SUPPORT FOR RESEARCH INITIATIVES THAT FILL KNOWLEDGE GAPS IN OUR COMMUNITY, LEADERSHIP, AND CITIZENRY ON LAND USE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brittany M Roethemeier Executive Director | Officer | 30 | $154,381 |
James G Bell Secretary | Officer | 1 | $0 |
Greg Goodman Chairperson | Officer | 1 | $0 |
Orrin Ingram Treasurer | Officer | 1 | $0 |
Ann Bakhaus Director | Trustee | 1 | $0 |
Gary Biszantz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $328,490 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $587,394 |
| Noncash contributions included in lines 1a–1f | $39,100 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $915,884 |
| Total Program Service Revenue | $0 |
| Investment income | $6,236 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10 |
| Net Income from Fundraising Events | -$230,340 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $691,790 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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. | $163,672 |
| Compensation of current officers, directors, key employees. | $16,367 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,107 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,783 |
| Payroll taxes | $22,788 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,971 |
| Fees for services: Accounting | $37,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $48,500 |
| Fees for services: Investment Management | $1,077 |
| Fees for services: Other | $1,680 |
| Advertising and promotion | $5,814 |
| Office expenses | $10,055 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,207 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,089 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,557 |
| Insurance | $5,306 |
| All other expenses | $810 |
| Total functional expenses | $482,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $359,593 |
| Savings and temporary cash investments | $485,256 |
| Pledges and grants receivable | $200 |
| Accounts receivable, net | $45,896 |
| 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 | $4,169 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $543,588 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $13,885 |
| Other assets | $0 |
| Total assets | $1,452,587 |
| Accounts payable and accrued expenses | $76,179 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $7,072 |
| Total liabilities | $83,251 |
| Net assets without donor restrictions | $1,304,336 |
| Net assets with donor restrictions | $65,000 |
| 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 | $1,452,587 |
Grants Awarded
Over the last fiscal year, Fayette Alliance Foundation Inc has awarded $10,982 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CORMAN AND ASSOCIATES PURPOSE: ADVOCACY, EDUCATION, AND OUTREACH | $5,982 |
Lexington, KY PURPOSE: ADVOCACY, EDUCATION, AND OUTREACH | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fayette Alliance Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Biszantz Charitable Foundation Tr Lexington, KY PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Seminar Network Inc Arlington, VA | $360,026,954 | $278,674,897 |
West Virginia University Medical Corporation Morgantown, WV | $21,363,966 | $59,205,918 |
Old Dominion Land Conservancy Inc Purcellville, VA | $5,990,691 | $40,101,797 |
Wood County Schools Benefit Plan Bowling Green, OH | $9,100,102 | $25,909,869 |
Spencer Foundation Chicago, IL | $670,624,797 | $32,472,140 |
Childrens First Fund The Chicago Public School Foundation Chicago, IL | $26,791,850 | $26,985,163 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Susan B Anthony List Inc Arlington, VA | $6,109,204 | $16,065,131 |
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |