Kentucky Community & Technical College System Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Kentucky Community & Technical College System Foundation Inc is a 501(c)(3) organization based in Versailles, Kentucky, registered in 2000, with $6,750,000 in FY2023 revenue. CharityIndex grades it B.
300 N Main St, Versailles, KY, 40383 EIN 61-1351918 Since 2000
Revenue (FY2023)
$6.8M
▲ 65.1% vs prior year
Education median: $200K
Expenses (FY2023)
$1.1M
Net assets
$19.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Kentucky Community & Technical College System Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating205 mo reserves · +83% margin
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 Kentucky Community & Technical College System Foundation Inc: 205 mo reserves · +83% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Kentucky Community & Technical College System Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Kentucky Community & Technical College System Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 300 N Main St, Versailles, KY, 40383
- City
- Versailles
- State
- Kentucky
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue grew from $334K (FY2013) to $6.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.5MNet assets $19.5M
Operating margin
83.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$22.0M
Total liabilities
$2.5M
Net assets
$19.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $6,750,000▲65.1% | $1,143,961▼38.6% | $19,496,663▲55.8% | $21,975,662▲59.1% | 990 |
| 2022 | $4,088,452▼31.3% | $1,862,334▼4.5% | $12,514,545▲36.3% | $13,812,592▲33.5% | 990 |
| 2021 | $5,950,340▲125% | $1,950,798▲162% | $9,182,440▲43.4% | $10,345,360▲33.6% | 990 |
| 2020 | $2,642,430▲130% | $743,991▲15.9% | $6,403,148▲73.1% | $7,742,364▲109% | 990 |
| 2019 | $1,149,310▲391% | $641,685▲281% | $3,699,003▲17.4% | $3,703,098▲17.5% | 990 |
| 2018 | $234,278▼32.2% | $168,607▼48.1% | $3,150,674▲7.0% | $3,150,674▲7.0% | 990 |
| 2017 | $345,518▼13.9% | $325,140▲41.9% | $2,943,204▲6.0% | $2,943,204▲5.9% | 990 |
| 2016 | $401,196▼2.2% | $229,184▼34.3% | $2,777,603▲15.1% | $2,779,803▲14.9% | 990 |
| 2015 | $410,057▼23.5% | $349,036▼60.1% | $2,413,661▲2.4% | $2,419,109▲0.4% | 990 |
| 2014 | $536,063▲60.4% | $873,829▲111% | $2,357,083▼10.6% | $2,409,962▼10.5% | 990 |
| 2013 | $334,290 | $414,988▲52.6% | $2,637,621▲4.9% | $2,691,829▲4.8% | 990 |
| 2012 | — | $271,860▼16.8% | $2,514,940▲13.8% | $2,568,450▲13.5% | 990 |
| 2011 | — | $326,764▼22.8% | $2,210,117▲0.1% | $2,262,324 | 990 |
| 2010 | — | $423,447 | $2,207,765 | $2,261,484 | 990 |
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.
Grants received · $1.2M total
17 grants to Kentucky Community & Technical College System Foundation Inc totaling $1.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| St Elizabeth Medical Center Inc | Program support | 2024 | $10,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $25,097 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $10,000 |
| National Philanthropic Tr | Education | 2022 | $225,683 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $62,500 |
| Charities Aid Foundation America | Charitable donation | 2022 | $25,000 |
| Ascendium Education Solutions Inc | Implementing competency-based education at scale | 2021 | $34,100 |
| Ascendium Education Solutions Inc | Implementing competency-based education at scale | 2020 | $579,815 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $93,444 |
| East Kentucky Power Cooperative Inc | Donation for general support. | 2018 | $57,500 |
| The San Diego Foundation | Education | 2017 | $14,000 |
| National Christian Charitable Foundation | Growth | 2017 | $500 |
| National Christian Charitable Foundation | Growth | 2017 | $500 |
| The San Diego Foundation | Education | 2016 | $5,000 |
| The San Diego Foundation | Education | 2016 | $5,000 |
Similar organizations in Education
Education
Kentucky Fried Chicken Foundation Inc
Louisville, KY
$6.8M
Bannual revenue
Education
Eastern Kentucky Univ Foundation Inc Giltner Crt 007 38 6206718
Richmond, KY
$7.2M
Dannual revenue
- Education
Southeast South-central Educational Cooperative
London, KY
$6.2M
C+annual revenue
Education
Wilderness Education Project
Nicholasville, KY
$6.2M
C+annual revenue
- Education
Kentucky Valley Educational Cooperative
Hazard, KY
$7.4M
Dannual revenue
Education
Walden School Corporation
Louisville, KY
$6.1M
Bannual revenue
Education
Bluegrass Center For Autism Inc
Louisville, KY
$7.4M
Bannual revenue
Education
Louisville Free Public Library Foundation Inc
Louisville, KY
$5.9M
Bannual revenue
Education
Portland Christian School System Inc
Louisville, KY
$7.7M
Bannual revenue
Education
Jobs For Kentuckys Graduates Inc
Lexington, KY
$7.9M
Bannual revenue
Compare Kentucky Community & Technical College System Foundation Inc
Frequently asked questions
- Is Kentucky Community & Technical College System Foundation Inc a legitimate nonprofit?
- Yes. Kentucky Community & Technical College System Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-1351918, based in Versailles, Kentucky. Donations are tax-deductible.
- What is Kentucky Community & Technical College System Foundation Inc's EIN?
- Kentucky Community & Technical College System Foundation Inc's Employer Identification Number (EIN) is 61-1351918.
- How much revenue does Kentucky Community & Technical College System Foundation Inc report?
- Kentucky Community & Technical College System Foundation Inc reported $6,750,000 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Kentucky Community & Technical College System Foundation Inc have?
- CharityIndex grades Kentucky Community & Technical College System Foundation Inc B, based on financial health (reserves and operating margin).
More nonprofits in Versailles
Explore more
Data for Kentucky Community & Technical College System Foundation Inc (EIN 61-1351918) 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.