Overview
What is Kentucky Public Procurement Assoc?
The Kentucky Public Procurement Association is a dedicated nonprofit organization that actively contributes to the advancement of public procurement. They achieve this by offering educational scholarships for their members to attend conferences, seminars, and courses, thereby fostering continuous learning in the field. The association also awards certifications to members who have achieved national recognition. Moreover, they recognize outstanding work by providing 1st and 2nd place awards to members who submit noteworthy projects, thereby encouraging excellence and innovation.
Official website here: www.kppanigp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.
The Kentucky Public Procurement Association has received a low score of 33% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The rating is primarily based on a single beacon score focused on financial metrics, with a particular emphasis on the organization's lack of essential governance policies, such as a conflict of interest policy and a whistleblower policy.
Despite having a fully independent board and no material diversion of assets, the organization scored poorly in other critical areas, such as program expense ratio, which stands at only 13.82%. This suggests that a small portion of their resources is allocated to program services. Additionally, the absence of transparency measures, like published board meeting minutes and the posting of the tax form on their website, further contributes to the low rating.
In summary, while the Kentucky Public Procurement Association demonstrates strong governance in terms of board independence, its overall accountability and financial management practices are lacking. These shortcomings, particularly in adherence to basic policies and transparency, are crucial for potential donors to consider.
This AI summary has been generated from information found on Charity Navigator.
Is Kentucky Public Procurement Assoc legitimate?
Kentucky Public Procurement Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Public Procurement Assoc 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: $0
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Official website here: www.kppanigp.org
What is the mission statement of Kentucky Public Procurement Assoc?
The Kentucky Public Procurement Association's mission is centered around advancing the field of public procurement. They achieve this by offering educational scholarships for members to attend conferences, seminars, and educational courses. Furthermore, the association recognizes and honors its members who have achieved national certification with certification awards. Additionally, they present 1st and 2nd place awards to members who submit exceptional work in the field.
Official website here: www.kppanigp.org
Who is the CEO of Kentucky Public Procurement Assoc?
Tim Wiard is the President of Kentucky Public Procurement Assoc.
Official website here: www.kppanigp.org
What is the revenue of Kentucky Public Procurement Assoc?
Kentucky Public Procurement Assoc's revenue in 2022 was $179,116.
Official website here: www.kppanigp.org
Who are the executives of Kentucky Public Procurement Assoc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.kppanigp.org
Where can I find the form 990 for Kentucky Public Procurement Assoc?
Kentucky Public Procurement Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kppanigp.org
Learn more at the official website: www.kppanigp.org
Mission Statement of Kentucky Public Procurement Assoc
Kentucky Public Procurement Association, abbreviated as KPPA, plays a significant role in advancing the field of public procurement. This nonprofit organization achieves its mission by offering educational scholarships to its members, enabling them to attend conferences, seminars, and educational courses. By doing so, KPPA empowers its members to expand their knowledge and skills in the realm of public procurement.
Beyond providing educational opportunities, KPPA also recognizes the achievements of its members by granting certification awards. Members who successfully acquire national certification are honored through this recognition program, showcasing their commitment and expertise in the field. Furthermore, KPPA encourages its members to participate in competitions, offering 1st and 2nd place awards for the best work submitted. This not only fosters a sense of competition and excellence among members but also celebrates their accomplishments in the field of public procurement.
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Impact
October, 2024
The Kentucky Public Procurement Association significantly impacts the field of public procurement by enhancing knowledge and expertise among its members. By offering education scholarships, the association enables procurement professionals to attend valuable conferences, seminars, and courses, fostering continuous learning and skill development.
Moreover, the provision of certification awards recognizes the commitment of individuals who achieve national certification, promoting excellence in procurement practices. The association also incentivizes high-quality work by presenting awards to members for their outstanding contributions. Through these initiatives, the Kentucky Public Procurement Association not only improves the standards of public procurement in the state but also cultivates a community of knowledgeable professionals dedicated to ethical and effective procurement processes.
This information is meant to be a general summary of Kentucky Public Procurement Assoc. 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: $716
- Gross Receipts: $179,116
Assets and Liabilities:
- Total Assets: $279,476
- Total Liabilities: $0
- Net Assets: $279,476
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Organization Details
Founding Year
1986
Principal Officer
Tim Wiard
Main Address
PO BOX 4183, Frankfort, KY, 406044183
Website
www.kppanigp.orgNTEE Category
Code: B19 - Education
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