SOUTHCENTRAL KENTUCKY COMMUNITY & TECHNICAL COLLEGE FOUNDATION INC (EIN 020738080) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

HEATHER ROGERS

Phone

2709011116

Tax Period

2024-07-01 to 2025-06-30

SOUTHCENTRAL KENTUCKY COMMUNITY & TECHNICAL COLLEGE FOUNDATION INC, founded in 2006, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 45% operating margin.

Mission

THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR THE PURPOSE OF STIMULATING VOLUNTARY FINANCIAL SUPPORT TO RAISE PRIVATE FUNDS TO ASSIST THE SOUTHCENTRAL KENTUCKY COMMUNITY AND TECHNICAL COLLEGE IN CARRYING OUT ITS PURPOSES, MISSIONS, AND TO PROVIDE STUDENTS AND EMPLOYEES IN THE REGION WITH ACCESSIBLE PUBLIC EDUCATION AND TRAINING TO SUPPORT LIFELONG LEARNING NEEDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,296,224

Program Service Revenue $0

Investment Income $26,498

Other Revenue $14,154

TOTAL REVENUE $2,336,876

Expense Breakdown

Grants Paid $1,173,131

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,188,420

Other Expenses $102,880

TOTAL EXPENSES $1,276,011

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,336,876	$1,341,911	+0.7%
Expenses	$1,276,011	$927,058	+0.4%
Net Income	$1,060,865	$414,853	+1.6%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE ALLEN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ALEX DOWNING	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS GENTRY	DIRECTOR	1.00	Director	$0	$0	$0
JASON GOODMAN	DIRECTOR	1.00	Director	$0	$0	$0
RODDY GRIMES	CHAIR	1.00	Officer Director	$0	$0	$0
TOMMY GUMM	SECRETARY	1.00	Officer Director	$0	$0	$0
LOWELL GUTHRIE	DIRECTOR	1.00	Director	$0	$0	$0
TIM KNIPP	DIRECTOR	1.00	Director	$0	$0	$0
CINDY LAWRENCE	DIRECTOR	1.00	Director	$0	$0	$0
DR PHILLIP NEAL	PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFF RANGER	DIRECTOR	1.00	Director	$0	$0	$0
TREVA SHIRLEY	COLLEGE BOAR	1.00	Officer Director	$0	$0	$0
STEVE SINCLAIR	TREASURER	1.00	Officer Director	$0	$0	$0
RICK STARKS	DIRECTOR	1.00	Director	$0	$0	$0
STEVE THURMOND	PAST CHAIR	1.00	Officer Director	$0	$0	$0
HEATHER ROGERS	EXECUTIVE DI	20.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$2,336,876	$1,276,011	$3,495,135	$1,060,865
2024	$1,341,911	$927,058	$2,183,613	$414,853
2023	$1,171,736	$881,746	$1,593,240	$289,990
2022	$523,496	$693,902	$1,210,606	$-170,406
2021	$586,203	$352,373	$1,465,560	$233,830
2020	$429,181	$192,193	$1,101,514	$236,988
2019	$294,832	$188,099	$857,250	$106,733

SOUTHCENTRAL KENTUCKY COMMUNITY & TECHNICAL COLLEGE FOUNDATION INC