Farm House Foundation Of Kentucky Inc
- Assets
- $229.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Versailles, KY
- Founding
- 01/1979
- Data as of
- 12/2023
- EIN
- 61-0926049
Organization Overview
Farm House Foundation Of Kentucky Inc is located in Versailles, KY. The organization was established in 1979. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Farm House Foundation Of Kentucky 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, Farm House Foundation Of Kentucky Inc generated $7.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.6%) each year. All expenses for the organization totaled $57.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (68.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE EDUCATIONAL SUPPORT TO STUDENTS ATTENDING THE UNIVERSITY OF KENTUCKY. TO ACCOMPLISH THIS OBJECTIVE, WE SUPPORT LEADERSHIP DEVELOPMENT CONFERENCES, TRAINING SEMINARS, AND IMPROVED EDUCATIONAL FACILITIES AND ENVIRONMENT FOR MORE THAN 50 STUDENTS ANNUALLY.
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS AWARDED SCHOLARSHIPS TO 11 STUDENTS ATTENDING THE UNIVERSITY OF KENTUCKY, BASED ON ACADEMIC ACHIEVEMENT, LEADERSHIP, CHARACTER, AND CAMPUS INVOLVEMENT.
LEADERSHIP CONFERENCE REGISTRATION PAID REGISTRATION FEES FOR INDIVIDUALS TO ATTEND NATIONAL CONFERENCE TO STRENGTHEN LEADERSHIP SKILLS.
BUILDING FOR THE FUTURE FUND A JOINT PROGRAM WITH THE UNIVERSITY OF KENTUCKY TO INSURE THE CONTINUED PRESENCE OF FARMHOUSE ON THE UNIVERSITY'S CAMPUS. THE COMPLETION OF THE PROJECT PROVIDES IMPROVED EDUCATIONAL FACIILTIES AND ENVIRONMENT FOR MORE THAN 50 STUDENTS ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick J Robinson Chairman | 2 | $0 | |
Damon Talley Vice Chairman | 1 | $0 | |
Casey A Jetton Treasurer | 5 | $0 | |
Michael Duckworth Trustee | 1 | $0 | |
Lee Sisk Secretary | 1 | $0 | |
Michael Bach Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $256 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,799 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,055 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $42 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15 |
| Total expenses | $57 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $169,589 |
| Other assets | $0 |
| Total assets | $229,589 |
| Total liabilities | $0 |
| Net assets or fund balances | $229,589 |