Kentucky Medical Services Foundation Inc
92% goes to programs Thin reserves Growing revenue
Kentucky Medical Services Foundation Inc is a 501(c)(3) organization based in Lexington, Kentucky, registered in 1980, with $410,772,197 in FY2024 revenue. CharityIndex grades it B, and it directs about 92% of spending to programs.
2317 Alumni Park Plz Ste 300, Lexington, KY, 40517 EIN 61-0945743 Since 1980
Revenue (FY2024)
$410.8M
▲ 6.4% vs prior year
Education median: $200K
Expenses (FY2024)
$410.9M
Net assets
$22.2M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating92% to programs
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. For Kentucky Medical Services Foundation Inc: 92% to programs earns a C+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -0% 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 Medical Services Foundation Inc: 1 mo reserves · -0% margin earns a C+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
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. For Kentucky Medical Services Foundation Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Medical Services Foundation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Supporting the university of ky so it may achieve its goals in healthcare
Contact & location
- Address
- 2317 Alumni Park Plz Ste 300, Lexington, KY, 40517
- City
- Lexington
- State
- Kentucky
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $236.2M (FY2013) to $410.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $224.1MNet assets $22.2M
Operating margin
-0.0%
Spent more than it raised in the latest fiscal year.
Total assets
$246.3M
Total liabilities
$224.1M
Net assets
$22.2M
Salaries & benefits
$0
0% of expenses
Board members
25
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $410,772,197▲6.4% | $410,890,638▲6.0% | $22,177,688▼0.5% | $246,296,407▲9.6% | 990 |
| 2023 | $386,161,975▲3.3% | $387,545,207▲3.1% | $22,296,129▼5.8% | $224,696,658▼0.3% | 990 |
| 2022 | $373,736,278▲8.5% | $375,837,558▲8.9% | $23,679,361▼8.2% | $225,412,640▼22.9% | 990 |
| 2021 | $344,312,240▼19.1% | $345,160,706▼18.8% | $25,780,641▼3.2% | $292,318,711▲7.9% | 990 |
| 2020 | $425,440,367▲3.3% | $424,979,313▲2.7% | $26,629,107▲1.8% | $270,966,937▲15.1% | 990 |
| 2019 | $411,887,062▲7.8% | $413,778,156▲6.0% | $26,168,053▼6.7% | $235,449,897▲10.8% | 990 |
| 2018 | $381,964,398▲6.3% | $390,295,858▲9.3% | $28,059,147▼22.9% | $212,550,231▼9.1% | 990 |
| 2017 | $359,167,901▲0.3% | $356,958,787▼0.9% | $36,390,607▲6.5% | $233,895,764▲20.2% | 990 |
| 2016 | $358,200,113▲9.7% | $360,114,883▲11.2% | $34,181,493▼5.3% | $194,624,198▼0.2% | 990 |
| 2015 | $326,438,269▲6.4% | $323,851,452▲9.5% | $36,096,263▲7.7% | $194,926,266▲0.7% | 990 |
| 2014 | $306,658,795▲29.8% | $295,668,294▲26.1% | $33,509,446▲89.4% | $193,661,260▲44.8% | 990 |
| 2013 | $236,236,778 | $234,504,406▲4.0% | $17,695,822▲10.9% | $133,758,639▲13.3% | 990 |
| 2012 | — | $225,507,132▲1.0% | $15,963,450▼3.4% | $118,087,176▼4.9% | 990 |
| 2011 | — | $223,243,445▲8.3% | $16,516,916▼1.8% | $124,213,754▲9.0% | 990 |
| 2010 | — | $206,206,060▲2.5% | $16,827,191▼13.2% | $113,994,488▲3.4% | 990 |
| 2009 | — | $201,152,040 | $19,390,030 | $110,252,347 | 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.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Amy Gewirtz | Director | 1 | — |
| Charles Griffith | Director | 1 | — |
| Craig Van Horne | Director | 1 | — |
| Darwin Conwell | Director | 1 | — |
| Driss Raissi | Director | 1 | — |
| Eddy Yang | Director | 1 | — |
| Emily Defranco | Director | 1 | — |
| Ginny Gottschalk | Director | 1 | — |
| Jay Grider | President & Ceo | 1 | — |
| Jeffrey Selby | Former Director | 1 | — |
| John Stewart | Director | 1 | — |
| Jonathan Webb | Former Director | 1 | — |
| Larry Goldstein | Director | 1 | — |
| Mary Elizabeth Oates | Director | 1 | — |
| Matthew Bush | Director | 1 | — |
| Padmaja Sudhakar | Director | 1 | — |
| Paul Pearson | Director | 1 | — |
| Raymond Wright | Director | 1 | — |
| Roger Humphries | Director | 1 | — |
| Ryan Cassidy | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Todd Hargett | Contractor Services | $1,317,730 |
| Drwantedcom | Professional Services | $1,063,824 |
| Harrodsburg Anesthesia | Professional Services | $310,190 |
| Chartspan Medical Technologies Inc | Professional Services | $267,650 |
| Ivey Mechanical Company LLC | Professional Services | $224,178 |
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Compare Kentucky Medical Services Foundation Inc
Frequently asked questions
- Is Kentucky Medical Services Foundation Inc a legitimate nonprofit?
- Yes. Kentucky Medical Services Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-0945743, based in Lexington, Kentucky. Donations are tax-deductible.
- What is Kentucky Medical Services Foundation Inc's EIN?
- Kentucky Medical Services Foundation Inc's Employer Identification Number (EIN) is 61-0945743.
- How much revenue does Kentucky Medical Services Foundation Inc report?
- Kentucky Medical Services Foundation Inc reported $410,772,197 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Kentucky Medical Services Foundation Inc's spending goes to programs?
- Kentucky Medical Services Foundation Inc spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Kentucky Medical Services Foundation Inc have?
- CharityIndex grades Kentucky Medical Services Foundation Inc B, based on program efficiency and fundraising cost.
- How much does Kentucky Medical Services Foundation Inc's highest-paid employee make?
- The highest reported compensation on Kentucky Medical Services Foundation Inc's latest Form 990 is $0, paid to Amy Gewirtz (Director).
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Data for Kentucky Medical Services Foundation Inc (EIN 61-0945743) 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.