Honorable Order Of Kentucky Colonels Inc
- Assets
- $22.8m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 7
- Location
- Louisville, KY
- Founding
- 10/1963
- Data as of
- 12/2022
- EIN
- 61-0485432
Organization Overview
Honorable Order Of Kentucky Colonels Inc is located in Louisville, KY. The organization was established in 1963. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Honorable Order Of Kentucky Colonels Inc employed 7 individuals. This organization is the central organization for a national or regional group of organizations. Honorable Order Of Kentucky Colonels 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 12/2022, Honorable Order Of Kentucky Colonels Inc generated $5.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $6.3m during the year ending 12/2022. While expenses have increased by 14.9% per year over the past 7 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.
Since 2016, Honorable Order Of Kentucky Colonels Inc has awarded 1,321 individual grants totaling $19,523,846. 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
THE HONORABLE ORDER OF KENTUCKY COLONELS, INC. GRANTS MONEY TO 501(C)(3) OR OTHER EXEMPT ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HONORABLE ORDER OF KENTUCKY COLONELS, INC (HOKC) GRANTS MONEY TO 501(C)(3) ENTITIES THAT DEMONSTRATE FISCAL RESPONSIBILITY AND THE MISSION TO STRENGTHEN THE LIVES OF KENTUCKIANS OR TO HIGHLIGHT AND ENHANCE THE CULTURE OF THE COMMONWEALTH. THE ORGANIZATION FOCUSES ON KENTUCKY CHARITIES AND CONDUCTS A "GOOD WORKS PROGRAM" THAT FOCUSES ITS LARGE GRANT-MAKING ACTIVITIES ON CHARITABLE ORGANIZATIONS OPERATING IN KENTUCKY. SEE SCHEDULE O FOR ADDITIONAL INFORMATION. IT RECEIVES HUNDREDS OF GRANT APPLICATIONS ANNUALLY AND THROUGH A CAREFUL WINNOWING AND VETTING PROCESS, SEEKS TO ENSURE THAT ITS CONTRIBUTIONS ARE ALLOCATED IN A DEDICATED AND REASONABLE WAY. THE ORGANIZATION ALSO HAS AN ONGOING EMERGENCY GRANT PROCESS FOR KENTUCKY NONPROFITS AND ALSO RAISES AND DISTRIBUTES FUNDS TO PROVIDE DISASTER RELIEF. IN 2023, HOKC GRANTED $4,851,746 TO 239 ORGANIZATIONS WHO SERVED 3.8 MILLION INDIVIDUALS IN THE STATE OF KENTUCKY. SINCE HOKC BEGAN AS A 501(C)(3)ORGANIZATION, CLOSE TO $58 MILLION DOLLARS HAS BEEN AWARDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Treasurer | OfficerTrustee | 0.5 | $0 |
Name Not Listed Commanding General | OfficerTrustee | 0.5 | $0 |
Name Not Listed Adjutant General | OfficerTrustee | 0.5 | $0 |
Name Not Listed Secretary | OfficerTrustee | 0.5 | $0 |
Name Not Listed Trustee | Trustee | 0.5 | $0 |
Name Not Listed Trustee | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Current 360 Marketing | 12/30/23 | $472,876 |
Wyatt Tarant Combs Legal Services | 12/30/23 | $138,584 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,213,335 |
| Noncash contributions included in lines 1a–1f | $62,922 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,213,335 |
| Total Program Service Revenue | $145,295 |
| Investment income | $306,808 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$87,930 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,665,961 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,606,399 |
| 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. | $278,185 |
| Compensation of current officers, directors, key employees. | $96,530 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $281,211 |
| Pension plan accruals and contributions | $18,434 |
| Other employee benefits | $32,443 |
| Payroll taxes | $41,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,754 |
| Fees for services: Accounting | $25,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,625 |
| Advertising and promotion | $433,497 |
| Office expenses | $101,268 |
| Information technology | $28,746 |
| Royalties | $0 |
| Occupancy | $34,612 |
| Travel | $30,040 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,595 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,799 |
| Insurance | $13,538 |
| All other expenses | $26,724 |
| Total functional expenses | $6,261,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,959,034 |
| Savings and temporary cash investments | $992,162 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $109,131 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,552 |
| Prepaid expenses and deferred charges | $41,960 |
| Net Land, buildings, and equipment | $1,105,609 |
| Investments—publicly traded securities | $17,982,538 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $638,309 |
| Total assets | $22,834,295 |
| Accounts payable and accrued expenses | $101,852 |
| Grants payable | $78,771 |
| 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 | $531,301 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $711,924 |
| Net assets without donor restrictions | $19,990,984 |
| Net assets with donor restrictions | $2,131,387 |
| 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 | $22,834,295 |
Grants Awarded
Over the last fiscal year, Honorable Order Of Kentucky Colonels Inc has awarded $4,475,764 in support to 239 organizations.
| Grant Recipient | Amount |
|---|---|
2NOT1 FATHERHOOD & FAMILIES INC PURPOSE: a pick-up truck | $14,000 |
ACADEMY OF MUSIC PRODUCTION EDUCATION AND DEVELOPMENT PURPOSE: a passenger van | $19,000 |
ACTION MINISTRIES INC PURPOSE: food for food for thought program | $7,040 |
ADVENTURESERVE MINISTRIES PURPOSE: roof materials | $10,451 |
ADVENTHEALTH MANCHESTER PURPOSE: toward patient monitor complexes and monitor power stands | $20,000 |
AMEN HOUSE INC PURPOSE: food | $20,000 |