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Kentucky Race Track Chaplaincy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311571797 ✦ Simpsonville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Kentucky Race Track Chaplaincy Inc?

Kentucky Race Track Chaplaincy Inc is a nonprofit organization situated in Simpsonville, Kentucky, with a postal address at P O BOX 324. Their primary mission is to cater to the spiritual and material needs of individuals involved in the horse racing industry and their families, carrying out this mission through Christian ministry. They uphold values that emphasize Jesus Christ as the one true God and Savior, all people being created in God's image, interdenominational relationships, demonstrating God's love and grace, and trusting in the Holy Bible's truth and authority. The organization's workforce consists of 8 dedicated individuals.


Official website here: www.kychaplaincy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

Kentucky Race Track Chaplaincy Inc has received a rating of 83%, reflecting a solid performance in accountability and finance. This score is derived entirely from its accountability practices, highlighting the organization's commitment to financial integrity. The charity demonstrates excellent governance, with a fully independent board and no material diversion of assets.

The organization excels in several key areas, including a high program expense ratio of 72.23%, indicating that a significant portion of its funds directly supports its mission. Additionally, it maintains transparency with its financial documents, evidenced by the inclusion of its tax form on its website and thorough documentation of board meeting minutes. However, the absence of a whistleblower policy and a document retention policy could be potential areas for improvement.

Overall, Kentucky Race Track Chaplaincy Inc has established a strong foundation for accountability, but addressing its policy gaps could enhance its operational robustness and further build trust with stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Kentucky Race Track Chaplaincy Inc legitimate?

Kentucky Race Track Chaplaincy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Race Track Chaplaincy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,987

For more financial information, click here


Official website here: www.kychaplaincy.org

What is the mission statement of Kentucky Race Track Chaplaincy Inc?

Kentucky Race Track Chaplaincy Inc's mission is centered around bringing salvation to everyone in the horse racing industry through the teachings of Jesus Christ. They value the belief in Jesus Christ as the one true God and Savior, and recognize that all people are created in God's image. The organization fosters interdenominational relations to accomplish its mission and vision, and strives to embody the love and grace of God. They have a strong trust in the truth and authority of the Holy Bible.


Official website here: www.kychaplaincy.org

Who is the CEO of Kentucky Race Track Chaplaincy Inc?

Daniel Fick is the President of Kentucky Race Track Chaplaincy Inc.


Official website here: www.kychaplaincy.org

What is the revenue of Kentucky Race Track Chaplaincy Inc?

Kentucky Race Track Chaplaincy Inc's revenue in 2022 was $485,046.


Official website here: www.kychaplaincy.org

Who are the executives of Kentucky Race Track Chaplaincy Inc and what are their salaries?

The average compensation at Kentucky Race Track Chaplaincy Inc during 2022 was $30,498. There are 8 employees and 50 volunteers at Kentucky Race Track Chaplaincy Inc.


Here are 12 key members and their salaries:


Gary Churchman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Sorrels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Snowden Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Fick (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cline (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Tye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Wiley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Polly Dunlavy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Estes (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Presser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kychaplaincy.org

Where can I find the form 990 for Kentucky Race Track Chaplaincy Inc?

Kentucky Race Track Chaplaincy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kychaplaincy.org

Learn more at the official website: www.kychaplaincy.org

Mission Statement of Kentucky Race Track Chaplaincy Inc

Kentucky Race Track Chaplaincy Inc, as a nonprofit organization, is driven by a mission to bring about the salvation of all individuals associated with the horse racing industry through the teachings of Jesus Christ. Their core values are deeply grounded in the belief that Jesus Christ is the one true God and Savior, and that all people are created in His image. The organization fosters interdenominational relations to effectively fulfill its mission and achieve its vision. Kentucky Race Track Chaplaincy Inc strives to embody the love and grace of God, and places great trust in the truth and authority of the Holy Bible. Their mission is not just about saving souls, but also about fostering unity among different denominations in the pursuit of this goal.

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Impact




July, 2024

Kentucky Race Track Chaplaincy Inc's impact lies in nurturing the spiritual and material needs of individuals within the horse racing industry and their families through Christian ministry. Their mission is to bring about the salvation of all people in the industry through the Gospel of Jesus Christ, fostering interdenominational relations to fulfill their vision. By embodying the values of love, grace, and trust in the Holy Bible, they provide a supportive and enriching spiritual environment for those involved in the racing community.




This information is meant to be a general summary of Kentucky Race Track Chaplaincy 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.

Revenue
$485,046 (2022)
Expenses
$489,389 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$60,564
  • Program Service Revenue: $400
  • Gross Receipts: $602,682

Assets and Liabilities:

  • Total Assets: $1,626,653
  • Total Liabilities: $0
  • Net Assets: $1,626,653

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CREDIT CARD CASH BACK

Revenue

$400

Organization Details

Founding Year

1998

Principal Officer

Daniel Fick

Main Address

P O BOX 324, SIMPSONVILLE, KY, 40067

NTEE Category

Code: X20Z - Religion related

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