Knox Co Ed Assn
- Assets
- $16.4m
- Revenue
- $11.2m
- Investments
- $0.0
- Employees
- 62
- Location
- Frankfort, KY
- Founding
- 06/1951
- Data as of
- 08/2022
- EIN
- 61-0245450
Organization Overview
Knox Co Ed Assn is located in Frankfort, KY. The organization was established in 1951. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 08/2022, Knox Co Ed Assn employed 62 individuals. This organization is the central organization for a national or regional group of organizations. Knox Co Ed Assn is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2022, Knox Co Ed Assn generated $11.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $10.2m during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Knox Co Ed Assn has awarded 28 individual grants totaling $917,307. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE MEMBERS TO ADVOCATE FOR THEMSELVES AND TO ENSURE QUALITY PUBLIC SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT FOR PUBLIC EDUCATION AND ECONOMIC AND PROFESSIONAL SECURITY. ALSO TO PROVIDE FOR PROFESSIONAL EXCELLENCE AND HUMAN AND CIVIL RIGHTS.
TO PROVIDE FOR PROFESSIONAL EXCELLENCE AND HUMAN AND CIVIL RIGHTS.
TO PROVIDE LEGAL SERVICES FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ruble Executive Director | Officer | 40 | $154,126 |
Eddie Lee Campbell President | OfficerTrustee | 40 | $133,956 |
Rich Mullins Employee | 40 | $130,273 | |
Edward Ishmael Employee | 40 | $126,536 | |
Paul Mortell Finance Director | Officer | 40 | $124,041 |
Joel Wolford Vice President | OfficerTrustee | 40 | $107,236 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Priddy Cutler Naake & Meade Pllc Legal | 8/30/21 | $172,467 |
Walther Gay & Mack Plc Legal | 8/30/21 | $146,330 |
Brooks Mccomb & Fields Legal | 8/30/21 | $105,391 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,044,450 |
| 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 | $1,044,450 |
| Total Program Service Revenue | $9,095,080 |
| Investment income | $697,682 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $60,729 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $175,146 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,160,843 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $518,045 |
| Grants and other assistance to domestic individuals. | $158,102 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $569,627 |
| Compensation of current officers, directors, key employees. | $1,373,431 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,571,891 |
| Pension plan accruals and contributions | $1,107,506 |
| Other employee benefits | $1,488,832 |
| Payroll taxes | $299,941 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,128 |
| Fees for services: Accounting | $29,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $70,198 |
| Fees for services: Other | $122,762 |
| Advertising and promotion | $65,492 |
| Office expenses | $404,415 |
| Information technology | $169,819 |
| Royalties | $0 |
| Occupancy | $636,981 |
| Travel | $329,379 |
| 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 | $88,560 |
| Insurance | $55,970 |
| All other expenses | $0 |
| Total functional expenses | $10,218,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,186 |
| Savings and temporary cash investments | $3,470,440 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $559,062 |
| 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 | $102,021 |
| Net Land, buildings, and equipment | $643,289 |
| Investments—publicly traded securities | $11,617,139 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,393,137 |
| Accounts payable and accrued expenses | $1,008,751 |
| Grants payable | $0 |
| Deferred revenue | $50,330 |
| 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 | $6,971,333 |
| Total liabilities | $8,030,414 |
| Net assets without donor restrictions | $8,013,403 |
| Net assets with donor restrictions | $349,320 |
| 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 | $16,393,137 |
Grants Awarded
Over the last fiscal year, Knox Co Ed Assn has awarded $447,042 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Frankfort, KY PURPOSE: CONTRIBUTION | $178,672 |
KEA-CENTRAL DISTRICT PURPOSE: CONTRIBUTION | $44,697 |
NORTHERN KENTUCKY EDUCATION ASSOCIATION PURPOSE: CONTRIBUTION | $30,970 |
Maysville, KY PURPOSE: CONTRIBUTION | $29,721 |
SECOND DISTRICT EDUCATION ASSOCIATION PURPOSE: CONTRIBUTION | $24,659 |
THIRD DISTRICT EDUCATION ASSOCIATION PURPOSE: CONTRIBUTION | $21,772 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Knox Co Ed Assn has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
A L Williams Jr Family Foundation Inc Duluth, GA PURPOSE: CHARITABLE PURPOSES | $40,000 |
Endowment Analysis
| Beg. Balance | $1,910,007 |
| Earnings | -$153,189 |
| Net Contributions | $655,332 |
| Other Expense | $302,979 |
| Grants | $442,809 |
| Ending Balance | $1,666,362 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Empower Illinois Chicago, IL | $28,007,450 | $51,375,016 |
Virginia Early Childhood Foundation Henrico, VA | $39,759,006 | $41,199,281 |
American Indian Higher Education Consortium Alexandria, VA | $29,604,694 | $48,551,691 |
Knox Co Ed Assn Frankfort, KY | $16,393,137 | $11,160,843 |
National Police Association Inc Indianapolis, IN | $924,792 | $9,569,984 |
Missouri State Teachers Association Columbia, MO | $7,515,464 | $6,786,815 |
Missouri School Boards Association Columbia, MO | $5,403,568 | $6,748,060 |
Council For Exceptional Children Arlington, VA | $4,293,509 | $5,157,244 |
Midsouth Grain Inspection Services Memphis, TN | $5,083,441 | $4,324,321 |
Illinois Association Of School Administrators Springfield, IL | $11,254,126 | $4,395,708 |
National Coalition For Public School Options Haymarket, VA | $398,047 | $3,479,643 |
Sfusa Willowbrook, IL | $1,091,110 | $3,636,809 |