Overview
What is Kentucky 4H Foundation Inc?
Kentucky 4H Foundation Inc is a nonprofit organization based in Lexington, Kentucky, with a focus on delivering top-notch educational programs to 4-H participants within the state. By planning, promoting, implementing, and evaluating 4-H activities, they cater to the interests and needs of Kentucky's youth. The foundation actively supports and advances the state and county 4-H youth development programs, fostering youth leadership development and education. They recognize, support, and assist trained 4-H adult and teen volunteer leaders, and actively work towards securing funding for the four 4-H camping centers. With a mission to contribute positively to Kentucky's youth, the foundation employs a team of three dedicated individuals.
Official website here: www.kentucky4hfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The Kentucky 4H Foundation Inc has achieved a Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance management. The organization's overall score is derived entirely from its impressive performance in the Accountability & Finance beacon, reflecting a well-structured governance and operational framework.
A key strength of the foundation is its independent board composition, with all 21 members being independent, which demonstrates a commitment to unbiased decision-making. Additionally, the foundation has robust financial practices, with no reported material diversion of assets and a solid program expense ratio of 74.43%. This shows that a significant portion of its resources is directed towards its programs rather than administrative costs.
However, there are some areas for improvement noted in the data, particularly the absence of a whistleblower policy and a document retention and destruction policy, both of which received a score of zero. Addressing these gaps could further enhance the foundation's accountability practices and overall governance.
This AI summary has been generated from information found on Charity Navigator.
Is Kentucky 4H Foundation Inc legitimate?
Kentucky 4H Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky 4H Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $99,097
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,713
For more financial information, click here
Official website here: www.kentucky4hfoundation.org
What is the mission statement of Kentucky 4H Foundation Inc?
The Kentucky 4H Foundation Inc's mission is centered around actively supporting and advancing the state and county 4-H youth development programs. The organization encourages and fosters youth leadership development and education. It recognizes, supports, and assists trained 4-H adult and teen volunteer leaders. Furthermore, the foundation works towards securing funding for the four 4-H camping centers. In essence, the Kentucky 4H Foundation Inc aims to provide high-quality educational instruction to Kentucky 4-H participants by planning, promoting, implementing, and evaluating 4-H programs to meet the interests and needs of the community.
Official website here: www.kentucky4hfoundation.org
What is the revenue of Kentucky 4H Foundation Inc?
Kentucky 4H Foundation Inc's revenue in 2023 was $8,994,889.
Official website here: www.kentucky4hfoundation.org
Who are the executives of Kentucky 4H Foundation Inc and what are their salaries?
The average compensation at Kentucky 4H Foundation Inc during 2023 was $52,452. There are 4 employees and 24 volunteers at Kentucky 4H Foundation Inc.
Here are 24 key members and their salaries:
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- Compensation: $94,981
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- Other: $4,116
Official website here: www.kentucky4hfoundation.org
Where can I find the form 990 for Kentucky 4H Foundation Inc?
Kentucky 4H Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kentucky4hfoundation.org
Learn more at the official website: www.kentucky4hfoundation.org
Mission Statement of Kentucky 4H Foundation Inc
Kentucky 4H Foundation Inc is committed to actively assisting, advancing, and supporting the state and county 4-H youth development programs. Their mission is twofold: firstly, they encourage and support youth leadership development and education. Secondly, they recognize, support, and assist trained 4-H adult and teen volunteer leaders. Moreover, they play a crucial role in securing funding for the four 4-H camping centers. In essence, Kentucky 4H Foundation Inc aims to provide high-quality educational instruction to Kentucky 4-Hers by planning, promoting, implementing, and evaluating 4-H programs to meet the interests and needs of the Commonwealth of Kentucky.
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Impact
October, 2024
Kentucky 4H Foundation Inc plays a vital role in fostering youth development throughout the state. By actively assisting and advancing 4-H youth programs at both state and county levels, it enhances educational opportunities for young people, focusing on leadership development and personal growth. The foundation supports the training and recognition of adult and teen volunteer leaders, ensuring that experienced mentors guide the youth.
Additionally, it provides high-quality educational instruction tailored to the interests and needs of Kentucky's youth. With a commitment to planning, promoting, implementing, and evaluating engaging 4-H programs, the foundation strengthens the community's investment in its young leaders. Furthermore, it plays a crucial role in securing funding for the state's four 4-H camping centers, thereby enriching the experience of 4-H participants. The impact of Kentucky 4H Foundation Inc resonates through the development of informed, capable, and confident youth who are prepared to lead in their communities.
This information is meant to be a general summary of Kentucky 4H Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $279,482
- Program Service Revenue: $1,152,249
- Gross Receipts: $11,656,720
Assets and Liabilities:
- Total Assets: $6,420,478
- Total Liabilities: $30,000
- Net Assets: $6,390,478
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION & FEES
Revenue
$1,142,939
SALES
Revenue
$9,310
Organization Details
Founding Year
1974
Principal Officer
Melissa Miller
Website
www.kentucky4hfoundation.orgNTEE Category
Code: O50 - Youth development
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