Kentucky Entrepreneurship Education Network
- Assets
- $1.2m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 19
- Location
- Louisville, KY
- Founding
- 03/2016
- Data as of
- 09/2022
- EIN
- 81-1399402
Organization Overview
Kentucky Entrepreneurship Education Network, operating under the name Keenstart, is located in Louisville, KY. The organization was established in 2016. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 09/2022, Keenstart employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keenstart 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 09/2022, Keenstart generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $520.8k during the year ending 09/2022. While expenses have increased by 5.7% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE IDENTIFY, INSPIRE, AND EMPOWER KENTUCKY'S FUTURE INNOVATORS BY TEACHING ENTREPRENEURSHIP TO HIGH SCHOOL AND COLLEGE STUDENTS WITH EXPERIENCES THAT HELP THEM LEARN ABOUT THEMSELVES AND DEVELOP LIFELONG SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PROGRAM IS THE GOVERNOR'S SCHOOL FOR ENTREPRENEURS (GSE) AN ACCELERATOR-STYLED PROGRAM FOR HIGH SCHOOL STUDENTS. OVER THREE WEEKS, TEAMS DEVELOP A BUSINESS MODEL, DESIGN A PROTOTYPE AND PITCH THEIR COMPANY TO A LARGE AUDIENCE. GSE STUDENTS LEARN A GREAT DEAL ABOUT THEMSELVES AND OTHERS AS THEY LIVE IN A COMMUNITY AND DEVELOP LONG-LASTING RELATIONSHIPS. MENTORS WORK CLOSELY WITH STUDENTS DURING EXPERIENTIAL LEARNING AND HANDS ON DESIGN SESSIONS AND CO-CURRICULAR ACTIVITIES. WELL-KNOWN GUEST SPEAKERS,VISITS TO STARTUPS,INTERACTIVE TECHNOLOGY SESSIONS, SPECIAL EVENTS, AND A WIDE RANGE OF RECREATIONAL OPPORTUNITIES ROUND OUT THE ARRAY OF ACTIVITIES. STUDENTS LEAVE GSE WITH AN UNDERSTANDING OF WHAT IT TAKES TO CREATE A SUCCESSFUL COMPANY.
THE KENTUCKY "KY PITCH" BUSINESS COMPETITION IS DESIGNED TO ENCOURAGE INNOVATION AND ENTREPRENEURSHIP BY ENGAGING COLLEGE STUDENTS FROM ACROSS KENTUCKY AND PROVIDING THEM AN OPPORTUNITY TO DEVELOP AND PURSUE THEIR BUSINESS IDEAS. THE COMPETITION REWARDS BUSINESS MODELS THAT ARE JUDGED BY AN INDEPENDENT PANEL AS MOST INNOVATIVE AND MOST LIKELY TO RESULT IN SUCCESSFUL VENTURES THAT WOULD CREATE NEW JOBS FOR KENTUCKIANS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natasha Sams Prior Ex. Di | Officer | 40 | $84,031 |
Anne Jewell President & | Officer | 40 | $8,333 |
Koleman Karleski Chairman | OfficerTrustee | 1 | $0 |
Randall Stevens Treasurer | OfficerTrustee | 1 | $0 |
Anne Nash Secretary | OfficerTrustee | 1 | $0 |
Jim Clifton Director | Trustee | 1 | $0 |
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 | $119,194 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,194 |
| Total Program Service Revenue | $894,999 |
| Investment income | $788 |
| 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 | $1,014,981 |
| 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 | $224,631 |
| Pension plan accruals and contributions | $6,773 |
| Other employee benefits | $0 |
| Payroll taxes | $15,491 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,751 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,144 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,329 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,847 |
| All other expenses | $38,780 |
| Total functional expenses | $520,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,778 |
| Savings and temporary cash investments | $1,150,898 |
| 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 | $0 |
| Total assets | $1,172,676 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,122,676 |
| Net assets with donor restrictions | $50,000 |
| 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 | $1,172,676 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kentucky Entrepreneurship Education Network has recieved totaling $10,058.
| Awarding Organization | Amount |
|---|---|
Main Street Ventures Cincinnati, OH PURPOSE: SEED FUNDING | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $58 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Seminar Network Inc Arlington, VA | $360,026,954 | $278,674,897 |
West Virginia University Medical Corporation Morgantown, WV | $21,363,966 | $59,205,918 |
Old Dominion Land Conservancy Inc Purcellville, VA | $5,990,691 | $40,101,797 |
Wood County Schools Benefit Plan Bowling Green, OH | $9,100,102 | $25,909,869 |
Spencer Foundation Chicago, IL | $670,624,797 | $32,472,140 |
Childrens First Fund The Chicago Public School Foundation Chicago, IL | $26,791,850 | $26,985,163 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Susan B Anthony List Inc Arlington, VA | $6,109,204 | $16,065,131 |
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |