Kentucky Association For Career & Technical Education

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

EIN: 616033696 ✦ Frankfort, KY ✦ Designated as a 501(c)(3)

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Overview

What is Kentucky Association For Career & Technical Education?

The Kentucky Association for Career & Technical Education is a nonprofit organization situated in Frankfort, Kentucky. Its primary purpose is to facilitate collaboration among professionals engaged in career and technical education. This association serves as a platform allowing members to address common challenges and concerns, while also fostering their professional growth. The Kentucky Association provides opportunities for vocational educators to engage, share knowledge, and enhance their skills as professionals.


Official website here: www.acteonline.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

The Kentucky Association For Career & Technical Education has received a Three-Star rating due to its solid Accountability & Finance score of 79%. This rating indicates that the organization demonstrates a commendable level of transparency and financial health, which are critical for donor trust and engagement. The majority of its board members are independent, showcasing a strong governance structure.

The organization excels in several areas, including a perfect score for its program expense ratio, indicating that all expenditures are directed towards its programs. Additionally, it has a good track record of maintaining policies such as conflict of interest, whistleblower protections, and document retention, which further reinforce its commitment to accountability. Its liabilities to assets ratio is also healthy at 23.23%, suggesting manageable levels of debt.

However, one area noted for improvement is the absence of documented board meeting minutes, which could enhance transparency and stakeholder trust. While the overall financial practices appear solid, addressing this limitation could strengthen the organization's governance and operational accountability even further.


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

Is Kentucky Association For Career & Technical Education legitimate?

Kentucky Association For Career & Technical Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Association For Career & Technical Education 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

For more financial information, click here


Official website here: www.acteonline.org

What is the mission statement of Kentucky Association For Career & Technical Education?

The Kentucky Association for Career & Technical Education's mission is to offer a platform for vocational educators, enabling them to interact, share knowledge, and enhance their professional skills. This organization serves as a medium for professionals in the field of career and technical education to collaborate on solving mutual issues and concerns. Furthermore, it provides opportunities for its members to advance their own professional development.


Official website here: www.acteonline.org

Who is the CEO of Kentucky Association For Career & Technical Education?

John Mitchum is the President of Kentucky Association For Career & Technical Education.


Official website here: www.acteonline.org

What is the revenue of Kentucky Association For Career & Technical Education?

Kentucky Association For Career & Technical Education's revenue in 2023 was $852,031.


Official website here: www.acteonline.org

Who are the executives of Kentucky Association For Career & Technical Education and what are their salaries?


Here are 6 key members and their salaries:


John Mitchum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jr Drummond (Past-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chrisa Hack (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Collins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dexter Knight (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kellie Norman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.acteonline.org

Where can I find the form 990 for Kentucky Association For Career & Technical Education?

Kentucky Association For Career & Technical Education's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.acteonline.org

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

Mission Statement of Kentucky Association For Career & Technical Education

The Kentucky Association for Career & Technical Education serves as a platform for vocational educators, encouraging them to engage, collaborate, and enhance their professional skills. Its primary objective is to offer opportunities for these professionals to interact, share their experiences, and foster their capabilities. By doing so, the association aims to create a collaborative environment where members can promote their individual professional development, ultimately contributing to the improvement of career and technical education as a whole.

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Impact




July, 2024

Kentucky Association for Career & Technical Education plays a significant role in advancing vocational education in Kentucky. By providing opportunities for vocational educators to interact, share knowledge, and develop their professional abilities, the association contributes to the continuous improvement of the vocational education sector in the state. Through collaboration and problem-solving among its members, the association helps address common challenges and concerns in career and technical education, ultimately enhancing the quality of vocational training available to individuals in Kentucky. This impact directly contributes to the promotion of professional development and employment opportunities within the vocational education landscape.




This information is meant to be a general summary of Kentucky Association For Career & Technical Education. 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
$852,031 (2023)
Expenses
$665,791 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $10,887
  • Program Service Revenue: $841,144
  • Gross Receipts: $852,031

Assets and Liabilities:

  • Total Assets: $680,752
  • Total Liabilities: $158,143
  • Net Assets: $522,609

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Programs

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

CONFERENCE EXHIBIT

Revenue

$57,020

KACTE MGT INCOME

Revenue

$88,735

Membership Dues & Assessments

Revenue

$66,748

OCTE RECEIPTS

Revenue

$40,400

SUMMER PROGRAM REGISTRATI

Revenue

$570,695

Organization Details

Founding Year

2002

Principal Officer

John Mitchum

Main Address

POST OFFICE BOX 4583, FRANKFORT, KY, 40604

NTEE Category

Code: J20 - Employment

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