Kentucky Horticulture Council Inc
- Assets
- $223.9k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Lexington, KY
- Founding
- 04/2003
- Data as of
- 12/2021
- EIN
- 61-1401757
Organization Overview
Kentucky Horticulture Council Inc is located in Lexington, KY. The organization was established in 2003. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Kentucky Horticulture Council Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Horticulture Council Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Kentucky Horticulture Council Inc generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $856.9k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND EXPAND THE HORTICULTURAL ENTERPRISES IN THE STATE OF KENTUCKY, AND TO INCREASE FARMER PROFITABILITY, IMPROVE INFRASTRUCTURE AND PROVIDE TECHNICAL ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATION OF A COST SHARE PROGRAM TO OFF-SET THE COST OF FOOD SAFETY AUDITS FOR GROWERS.
RESEARCH AND OUTREACH PROGRAMS FOCUSED ON HORTICULTURE CROP PRODUCTION AND MARKETING PROJECTS, INCLUDING ON-FARM DEMONSTRATIONS AND MARKET ANALYSIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Hinton President | OfficerTrustee | $0 | |
Laura Lyon Secretary | OfficerTrustee | $0 | |
Ron Mcmaine Treasurer | OfficerTrustee | $0 | |
Stephanie Tittle Vice Preside | OfficerTrustee | $0 | |
Kenton Abrams Director | Trustee | $0 | |
Larry Brandenburg Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $178 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $977,130 |
| 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 | $977,308 |
| Total Program Service Revenue | $30,314 |
| Investment income | $85 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,007,707 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $417,203 |
| Pension plan accruals and contributions | $3,130 |
| Other employee benefits | $36,242 |
| Payroll taxes | $18,011 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20 |
| Office expenses | $2,522 |
| Information technology | $428 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,421 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,762 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,396 |
| All other expenses | $13,024 |
| Total functional expenses | $856,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,434 |
| Savings and temporary cash investments | $119,670 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $72,780 |
| Total assets | $223,884 |
| Accounts payable and accrued expenses | $17,479 |
| Grants payable | $0 |
| Deferred revenue | $6,173 |
| 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 | $0 |
| Total liabilities | $23,652 |
| Net assets without donor restrictions | $200,232 |
| Net assets with donor restrictions | $0 |
| 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 | $223,884 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kentucky Horticulture Council Inc has recieved totaling $15,252.
| Awarding Organization | Amount |
|---|---|
National Farmers Union Foundation Washington, DC PURPOSE: ASSISTANCE WITH FOOD SAFETY TRAINING | $15,252 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Del-Co Water Company Inc Delaware, OH | $318,753,806 | $51,589,765 |
American Soybean Association St Louis, MO | $22,612,610 | $31,372,473 |
Food Allergy Research & Education Inc Mclean, VA | $49,740,343 | $11,947,289 |
National Corn Growers Association Chesterfield, MO | $16,422,383 | $19,831,099 |
Midwest Oper Engineers Construction Industry Research & Serv Tr Fund Countryside, IL | $12,085,029 | $17,769,884 |
Illinois Soybean Board Bloomington, IL | $24,441,630 | $21,800,549 |
Food Export Association Of The Midwest Usa Chicago, IL | $3,109,779 | $15,548,836 |
Illinois Corn Marketing Board Bloomington, IL | $11,624,886 | $11,889,515 |
Ohio Farm Bureau Federation Inc Columbus, OH | $50,357,469 | $22,080,243 |
Kentucky Farm Bureau Federation Louisville, KY | $26,799,792 | $14,351,168 |
Illinois Farm Business Farm Management Association Urbana, IL | $13,036,050 | $15,163,165 |
Indiana Farm Bureau Indianapolis, IN | $22,690,251 | $11,074,675 |