Kyana Charities Inc
- Assets
- $941.9k
- Revenue
- $50.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-2468963
Organization Overview
Kyana Charities Inc is located in Louisville, KY. The organization was established in 2015. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kyana Charities 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, Kyana Charities Inc generated $50.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (35.6%) each year. All expenses for the organization totaled $55.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE CHARITABLE GIFTS TO SUPPORT THE MISSIONS OF CHARITABLE ORGANIZATIONS IN LOUISVILLE, KY AND SURROUNDING AREAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
KYANA CHARITIES MADE DONATIONS TO TEN QUALIFIED CHARITABLE ORGANIZATIONS IN 2018.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil White Chairman | OfficerTrustee | 2 | $0 |
Pat Palmer-Ball Treasurer | OfficerTrustee | 5 | $0 |
Jerry Bass Vice Preside | OfficerTrustee | 2 | $0 |
Sandy Joseph Secretary | Officer | 2 | $0 |
Fred Trusty President | Officer | 2 | $0 |
Jim Joseph Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Investment income | $16,686 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,850 |
| Net Gain/Loss on Asset Sales | $6,338 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,874 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,505 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,127 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $847 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $8,410 |
| Insurance | $4,316 |
| All other expenses | $3,860 |
| Total functional expenses | $55,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,688 |
| Savings and temporary cash investments | $210,622 |
| 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 | $334,496 |
| Investments—publicly traded securities | $353,588 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $550 |
| Total assets | $941,944 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $941,944 |
| Total liabilities and net assets/fund balances | $941,944 |
Grants Awarded
Over the last fiscal year, Kyana Charities Inc has awarded $22,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY | | $12,500 |
AACA BUILDING FUND | | | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joseph & Florence Mandel Family Foundation - Weinberg Family Fund Cleveland, OH | $181,897,996 | $22,134,878 |
The@joseph And Florence Mandel Family Foundation-Michele M And Cleveland, OH | $143,259,703 | $19,572,691 |
Rethink Charity Mineral, VA | $1,112,987 | $5,137,197 |
Psalms Foundation Cincinnati, OH | $2,676,117 | $10,777,846 |
Phi Delta Kappa International Inc Arlington, VA | $1,144,067 | $2,025,770 |
Marlene And Spencer Hays Foundation Nashville, TN | $119,169,427 | $6,377,944 |
Moments Of Hope Outreach Studley, VA | $714,742 | $2,126,416 |
Veterans Outreach Youngstown, OH | $937,209 | $2,263,977 |
Friends Of Ufm Inc Mclean, VA | $131,424 | $1,208,671 |
Shoppinggives Foundation Chicago, IL | $463,970 | $1,669,819 |
Meagel Charitable Tr Parkersburg, WV | $19,887,737 | $1,831,117 |
Group Plan Commission Cleveland, OH | $1,424,769 | $1,513,172 |