Kentucky Refugee Ministries Inc
- Assets
- $4.8m
- Revenue
- $40.3m
- Investments
- $0.0
- Employees
- 141
- Location
- Louisville, KY
- Founding
- 06/1993
- Data as of
- 09/2023
- EIN
- 61-1229842
Organization Overview
Kentucky Refugee Ministries Inc is located in Louisville, KY. The organization was established in 1993. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 09/2023, Kentucky Refugee Ministries Inc employed 141 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Refugee Ministries 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 09/2023, Kentucky Refugee Ministries Inc generated $40.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 61.1% each year . All expenses for the organization totaled $40.7m during the year ending 09/2023. While expenses have increased by 62.9% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
KENTUCKY REFUGEE MINISTRIES PROVIDES SERVICES TO REFUGEES AND IMMIGRANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES SERVICES TO REFUGEES WHO, FOR REASONS OF PERSECUTION FOR THEIR RELIGIOUS AND/OR POLITICAL BELIEFS OR WAR, HAVE MIGRATED TO THE USA. SERVICES PROVIDED INCLUDE HOUSING, CASH ASSISTANCE, TRANSPORTATION, COUNSELING, EMPLOYMENT PLACEMENT AND EDUCATIONAL ASSISTANCE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Muhammad Babar MD Director | Trustee | 1.5 | $0 |
Jason Crosby Director | Trustee | 1.5 | $0 |
Lucas Elliott Vice Chair | OfficerTrustee | 1.5 | $0 |
Mary Garris Director | Trustee | 1.5 | $0 |
Mary Ellen Harned Secretary | OfficerTrustee | 1.5 | $0 |
Lisa Hoffman Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $43,945 |
| Related organizations | $0 |
| Government grants | $7,501,670 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,023,063 |
| Noncash contributions included in lines 1a–1f | $212,369 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,568,678 |
| Total Program Service Revenue | $31,706,184 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,549 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,272,318 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $31,091,625 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $355,829 |
| Compensation of current officers, directors, key employees. | $49,566 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,683,309 |
| Pension plan accruals and contributions | $67,955 |
| Other employee benefits | $293,754 |
| Payroll taxes | $448,524 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,046 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,322 |
| Office expenses | $403,898 |
| Information technology | $92,557 |
| Royalties | $0 |
| Occupancy | $431,236 |
| Travel | $229,569 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $33,416 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,297 |
| Insurance | $105,715 |
| All other expenses | $0 |
| Total functional expenses | $40,683,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,625,718 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,731,438 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $119,105 |
| Prepaid expenses and deferred charges | $92,419 |
| Net Land, buildings, and equipment | $112,446 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $111,620 |
| Total assets | $4,792,746 |
| Accounts payable and accrued expenses | $2,288,587 |
| 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 | $900,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,188,587 |
| Net assets without donor restrictions | $922,477 |
| Net assets with donor restrictions | $681,682 |
| 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 | $4,792,746 |