K F B I A Inc
- Assets
- $166.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vine Grove, KY
- Founding
- 03/1989
- Data as of
- 12/2021
- EIN
- 61-1093879
Organization Overview
K F B I A Inc is located in Vine Grove, KY. The organization was established in 1989. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. K F B I A Inc 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 12/2021, K F B I A Inc generated $34.4k 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 (7.6%) each year. All expenses for the organization totaled $27.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) 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
2021
Describe the Organization's Program Activity:
Part 3
PROMOTION OF PURPOSE THROUGH ANNUAL CONVENTION, MEETINGS, ETC. WITH MANAGERS AND AGENTS ON RELATED ISSUES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Fannin Presideent | 0 | $0 | |
Pat Hargadon 1st Vice Pre | 0 | $0 | |
James Runion 2nd Vice Pre | 0 | $0 | |
Greg Shouse Secretary | 0 | $0 | |
John Beavin Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,741 |
| Membership dues | $25,700 |
| Investment income | $990 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,431 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,835 |
| Total expenses | $27,835 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,577 |
| Other assets | $0 |
| Total assets | $166,577 |
| Total liabilities | $0 |
| Net assets or fund balances | $166,577 |
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