Overview
What is Honorable Order Of Kentucky Colonels Inc?
The Honorable Order of Kentucky Colonels Inc, located in Louisville, Kentucky, serves as a grant-giving organization. It primarily donates funds to 501(C)(3) entities or other exempt organizations that demonstrate fiscal responsibility and a mission to improve the lives of Kentuckians or to celebrate and amplify the culture of the Commonwealth. The organization has a particular focus on Kentuckian charities, operating a "Good Works Program" that channels its substantial grant-making activities towards charitable organizations operating within the state. With around 10 employees, Honorable Order of Kentucky Colonels Inc is committed to enhancing the charitable and educational activities of the selected entities.
Official website here: www.kycolonels.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 99%, Four-Star out of Four Star rating.
The Honorable Order Of Kentucky Colonels Inc has achieved an impressive overall score of 99%, reflecting a strong commitment to accountability and financial transparency. With a perfect Accountability & Finance Score of 100, the organization demonstrates effective management of its resources, ensuring that funds are primarily directed towards its charitable programs, evidenced by a program expense ratio of 71.52%.
In addition to financial metrics, the nonprofit excels in community engagement, boasting a Culture & Community Score of 93. Feedback from constituents is overwhelmingly positive, with perfect scores in feedback collection and usage, indicating a robust system for understanding and integrating the needs of those they serve. The organization's strategies for promoting equity, while slightly lower at 89, still indicate a solid framework for inclusivity.
One notable strength is the low liabilities to assets ratio at 3.11%, suggesting strong financial health. The organization also maintains a very favorable working capital ratio of 4.66 years, which allows for sustained operations and program development. Overall, the Honorable Order Of Kentucky Colonels Inc stands out as a highly effective nonprofit with strong community ties and financial management.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Honorable Order Of Kentucky Colonels Inc?
96% of 19 reviewers on Facebook recommend the Honorable Order Of Kentucky Colonels Inc. Here is a summary of their reviews:
The overall sentiment reflects strong support for the organization, with many expressing appreciation for its mission and the positive impact it aims to create in the community. Supporters feel that their contributions are meaningful and contribute to worthy causes, highlighting a sense of trust in the nonprofit's efforts.
However, there are a few dissenting opinions that raise concerns regarding certain affiliations and messages expressed by individuals associated with the nonprofit. This indicates that while the majority are satisfied, there are some who question the organization's stance on particular social issues. Overall, it seems that most supporters remain convinced of the charity's value and commitment to its purpose.
This AI summary has been generated from reviews found on Facebook.
Is Honorable Order Of Kentucky Colonels Inc legitimate?
Honorable Order Of Kentucky Colonels Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Honorable Order Of Kentucky Colonels 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: $278,185
Professional Fundraising Fees: $0
Other Salaries and Wages: $281,211
For more financial information, click here
Official website here: www.kycolonels.org
What is the mission statement of Honorable Order Of Kentucky Colonels Inc?
The Honorable Order of Kentucky Colonels Inc. grants funds to 501(c)(3) entities that demonstrate a pressing need that cannot be met otherwise, and these funds will contribute to enhancing or extending the charitable or educational activities of these organizations. The organization specifically supports entities that demonstrate fiscal responsibility and are committed to either strengthening the lives of Kentuckians or highlighting and enhancing the culture of Kentucky. The Honorable Order of Kentucky Colonels Inc. primarily focuses on charities based in Kentucky and conducts a "Good Works Program," which directs its large-scale grant-making activities towards charitable organizations operating within the state.
Official website here: www.kycolonels.org
Who is the CEO of Honorable Order Of Kentucky Colonels Inc?
Sherry Crose is the Executive Director of Honorable Order Of Kentucky Colonels Inc.
Official website here: www.kycolonels.org
What is the revenue of Honorable Order Of Kentucky Colonels Inc?
Honorable Order Of Kentucky Colonels Inc's revenue in 2022 was $5,665,961.
Official website here: www.kycolonels.org
Who are the executives of Honorable Order Of Kentucky Colonels Inc and what are their salaries?
The average compensation at Honorable Order Of Kentucky Colonels Inc during 2022 was $55,940. There are 10 employees and 50 volunteers at Honorable Order Of Kentucky Colonels Inc.
Here are 18 key members and their salaries:
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Official website here: www.kycolonels.org
Where can I find the form 990 for Honorable Order Of Kentucky Colonels Inc?
Honorable Order Of Kentucky Colonels Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kycolonels.org
Learn more at the official website: www.kycolonels.org
Mission Statement of Honorable Order Of Kentucky Colonels Inc
The Honorable Order of Kentucky Colonels Inc is an organization that grants funds to 501(c)(3) entities or exempt organizations that demonstrate a need that cannot be met otherwise and will enhance or extend their charitable or educational activities. This nonprofit entity focuses on strengthening the lives of Kentuckians or highlighting and enhancing the culture of the Commonwealth. The Honorable Order of Kentucky Colonels Inc prioritizes supporting Kentucky charities and conducts a "Good Works Program." This program directs its large-scale grant-making activities towards charitable organizations operating within Kentucky. The organization emphasizes fiscal responsibility in its grant-making process and seeks entities that align with its mission to improve the lives of Kentuckians.
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Impact
July, 2024
The Honorable Order of Kentucky Colonels Inc's impact lies in its dedication to granting money to 501(c)(3) entities that demonstrate fiscal responsibility and a mission to strengthen the lives of Kentuckians or enhance the culture of the Commonwealth. By focusing on Kentucky charities through its "Good Works Program," the organization's large grant-making activities directly benefit charitable organizations operating within the state. This targeted approach ensures that the funds provided have a tangible and significant impact on the local community, contributing to the betterment of Kentucky residents and organizations.
This information is meant to be a general summary of Honorable Order Of Kentucky Colonels 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 2022.
- Investment Income: $218,878
- Program Service Revenue: $145,295
- Gross Receipts: $6,165,742
Assets and Liabilities:
- Total Assets: $22,834,295
- Total Liabilities: $711,924
- Net Assets: $22,122,371
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT REVENUE
Revenue
$145,295
Organization Details
Founding Year
1944
Phone
(502) 266-6264Principal Officer
Sherry Crose
Main Address
943 S 1ST ST, LOUISVILLE, KY, 40203
Website
www.kycolonels.orgNTEE Category
Code: S820 - Community improvement
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