Edchoice Kentucky is a 501(c)(3) organization based in Frankfort, Kentucky, registered in 2015, with $326,800 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$327K
▲ 104.5% vs prior year
Education median: $200K
Expenses (FY2023)
$365K
Net assets
$118K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Edchoice Kentucky— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Edchoice Kentucky: 4 mo reserves · -12% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Edchoice Kentucky— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Edchoice Kentucky: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $79K (FY2015) to $327K (FY2023) across 9 reported years.
Financial snapshot
Operating margin
-11.7%
Spent more than it raised in the latest fiscal year.
Total assets
$118K
Total liabilities
$0
Net assets
$118K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $326,800▲104% | $365,140▲212% | $117,968▼24.5% | $117,968▼24.5% | 990 |
| 2022 | $159,811▲22.0% | $117,011▼5.3% | $156,308▲37.7% | $156,308▲37.7% | 990 |
| 2021 | $131,000▲46.3% | $123,620▲50.0% | $113,508▲14.1% | $113,508▲14.1% | 990 |
| 2020 | $89,525▼21.0% | $82,420▼51.6% | $99,497▲7.7% | $99,497▲7.7% | 990 |
| 2019 | $113,377▼47.7% | $170,164▲6.0% | $92,392▼38.1% | $92,392▼38.1% | 990 |
| 2018 | $216,685▼9.0% | $160,552▼21.1% | $149,179▲60.3% | $149,179▲60.3% | 990 |
| 2017 | $238,244▲53.2% | $203,526▲106% | $93,046▲59.5% | $93,046▲59.5% | 990 |
| 2016 | $155,500▲96.3% | $98,967▲27.8% | $58,328▲3149% | $58,328▲3149% | 990EZ |
| 2015 | $79,222 | $77,427 | $1,795 | $1,795 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
16 grants to Edchoice Kentucky totaling $199K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation of Louisville Inc | B05 research institutes and/or public policy analysis | 2023 | $100,000 |
| Donor Advised Charitable Giving | Education | 2023 | $10,000 |
| Servant Foundation | Community development | 2020 | $10,000 |
| National Christian Charitable Foundation | Growth | 2020 | $10,000 |
| Servant Foundation | Community development | 2020 | $10,000 |
| St Elizabeth Medical Center Inc | Program support | 2020 | $7,658 |
| Donor Advised Charitable Giving | Education | 2020 | $5,000 |
| Donor Advised Charitable Giving | Education | 2020 | $5,000 |
| St Elizabeth Medical Center Inc | Program support | 2019 | $15,000 |
| Greater Kansas City Community Foundation | Education | 2019 | $5,125 |
| Greater Kansas City Community Foundation | Education | 2018 | $5,125 |
| National Christian Charitable Foundation | Growth | 2018 | $100 |
| Greater Kansas City Community Foundation | Education | 2017 | $5,250 |
| National Christian Charitable Foundation | Growth | 2017 | $500 |
| Collier Community Foundation Inc | School choice | 2016 | $10,000 |
Explore more
Data for Edchoice Kentucky (EIN 47-3944426) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.