Overview
What is Kentucky Alliance Training Consortium?
The Kentucky Alliance Training Consortium, headquartered at 143 E Main Street, Georgetown, KY 40324, is a nonprofit organization committed to enhancing employee growth and value to their employers. They achieve this by providing training in the principles of growth, lean, and quality systems to a total of 141 employees. This training initiative has resulted in increased salaries for these employees, thereby adding significant value to their respective employers. The consortium's mission is to equip workers with essential skills, ultimately benefiting both the workforce and their employers.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Kentucky Alliance Training Consortium has received a 73% rating from Charity Navigator, reflecting a Two-Star rating. This score indicates that while the organization demonstrates strong fiscal practices—such as a 95.54% program expense ratio and a perfect score in areas like board independence and asset management—there are significant gaps in transparency and policy documentation.
Strengths of the organization include a fully independent board and a strong performance in financial management, as evidenced by their low liabilities to assets ratio. However, the lack of essential governance policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about the accountability and ethical standards of the organization.
Additionally, the absence of the nonprofit's website being listed on their tax forms and missing documentation related to retention and destruction further detracts from their overall accountability score. These limitations suggest that while the organization is effectively allocating its resources toward programs, improvements are needed in governance practices to enhance transparency and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Kentucky Alliance Training Consortium legitimate?
Kentucky Alliance Training Consortium is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Alliance Training Consortium 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Kentucky Alliance Training Consortium?
The Kentucky Alliance Training Consortium's mission involves educating and training 141 employees in the principles of growth, lean, and quality. This initiative has resulted in an increase in employee salaries and added value to their employers. By implementing these principles, the consortium aims to enhance the overall performance and productivity of the workforce. Through this training, employees gain new skills and insights, ultimately benefiting both themselves and their employers. The consortium's mission contributes to the professional development and advancement of its participants, improving the overall business environment.
Who is the CEO of Kentucky Alliance Training Consortium?
Tricia Broughton is the Director of Kentucky Alliance Training Consortium.
What is the revenue of Kentucky Alliance Training Consortium?
Kentucky Alliance Training Consortium's revenue in 2023 was $89,871.
Who are the executives of Kentucky Alliance Training Consortium and what are their salaries?
There 7 volunteers at Kentucky Alliance Training Consortium.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Kentucky Alliance Training Consortium?
Kentucky Alliance Training Consortium's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kentucky Alliance Training Consortium
The Kentucky Alliance Training Consortium, or KYACT, is dedicated to educating and empowering 141 employees by teaching them the principles of growth, lean, and quality. This training initiative has resulted in significant increases in employee salaries and added value to their respective employers. By equipping these employees with these essential skills, KYACT has played a crucial role in enhancing the overall productivity and success of the businesses they serve.
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Impact
October, 2024
Kentucky Alliance Training Consortium has made a significant impact by training 141 employees in the principles of growth, lean methodologies, and quality systems. This training has not only enhanced the skills and capabilities of the workforce but has also led to increased employee salaries, thereby boosting their overall value to employers. As a result, the initiative has contributed to fostering a more skilled and efficient workforce in Georgetown, KY, driving economic growth and improving organizational performance. The emphasis on education and continuous improvement has strengthened both individual careers and the competitive edge of local businesses.
This information is meant to be a general summary of Kentucky Alliance Training Consortium. 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.
- Program Service Revenue: $89,871
- Gross Receipts: $89,871
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING
Revenue
$89,871
Organization Details
Founding Year
2015
Phone
(814) 505-3784Principal Officer
Tricia Broughton
Main Address
143 E MAIN STREET, GEORGETOWN, KY, 40324
NTEE Category
Code: B99 - Education
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