KENTUCKY DATASEAM INITIATIVE INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

MICHAEL BRIAN GUPTON

Phone

5024199051

Tax Period

2023-01-01 to 2023-12-31

KENTUCKY DATASEAM INITIATIVE INC, founded in 2004, is a community nonprofit in the Science & Technology sector that reported $3.8M in total revenue in fiscal year 2023. Revenue surged 108% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 35% operating margin.

Mission

DATASEAM MANAGES ONE OF THE MOST POWERFUL CLOUD-BASED HIGH PERFORMANCE COMPUTING ENVIRONMENTS IN THE WORLD TO BENEFIT K-12 EDUCATION, UNIVERSITY RESEARCH, AND WORKFORCE AND ECONOMIC DEVELOPMENT FOR HIGH TECHNOLOGY INDUSTRIES IN KENTUCKY.

Program Service Accomplishments

Program 1

Expenses: $901,954

DATASEAM DEVELOPED AND MANAGES A US DEPARTMENT OF LABOR-APPROVED REGISTERED APPRENTICESHIP IN INFORMATION TECHNOLOGY WITH LOCAL GOVERNANCE BY THE KENTUCKY EDUCATION AND LABOR CABINET, THIS 2-YEAR...

DATASEAM DEVELOPED AND MANAGES A US DEPARTMENT OF LABOR-APPROVED REGISTERED APPRENTICESHIP IN INFORMATION TECHNOLOGY WITH LOCAL GOVERNANCE BY THE KENTUCKY EDUCATION AND LABOR CABINET, THIS 2-YEAR COMPETENCY BASED-TRAINING REQUIRES COURSEWORK, ON-JOB TRAINING, AND MENTORING AS PART OF PAID EMPLOYMENT. APPRENTICESHIP CANDIDATES WORK FOR THEIR RESIDING DISTRICT IT DEPARTMENTS, RECEIVING HANDS-ON INSTRUCTION THAT PROVIDES CONTEXT FOR COURSEWORK. AT THE END OF THE 3-PHASE PROGRAM, COMPLETERS SHOWING THE REQUISITE SKILLS AND COMPETENCIES EARN A INFORMATION TECHNOLOGY SUPPORT SPECIALIST CERTIFICATE FROM USDOL DOL.

Program 2

Expenses: $901,954

DATASEAM PROVIDES INDUSTRY-STANDARD INFORMATION TECHNOLOGY CERTIFICATION FOR INCUMBENT WORKERS SUPPORTING DATASEAM ASSETS IN KENTUCKY K-12 SCHOOLS. THIS UPSKILLING OF THE STATE WORKFORCE IS PART OF GROWING THESE SECTORS IN THE STATE OVERALL BUT SPECIFICALLY FOR PUBLIC EDUCATION, WHICH IS THE PREDOMINANT EMPLOYER IN MOST COUNTIES DATASEAM SERVES. THIS TRAINING ALLOWS PARTICIPANTS TO MAINTAIN AND/OR SEEK INCREASED EMPLOYMENT. TO DATE, KENTUCKY PER CAPITA HAS THE LARGEST NUMBER OF CERTIFIED SYSTEMS ENGINEERS FOR THE APPLE PLATFORM IN THE UNITED STATES.

Program 3

Expenses: $450,976

DATASEAM PROVIDES COMPUTERS TO PARTICIPATING KENTUCKY K-12 SCHOOLS AS PART OF WORKFORCE DEVELOPMENT INITIATIVES. THESE COMPUTERS ARE AGGREGATED INTO A STATEWIDE NETWORK TO CREATE THE DATASEAMGRID...

DATASEAM PROVIDES COMPUTERS TO PARTICIPATING KENTUCKY K-12 SCHOOLS AS PART OF WORKFORCE DEVELOPMENT INITIATIVES. THESE COMPUTERS ARE AGGREGATED INTO A STATEWIDE NETWORK TO CREATE THE DATASEAMGRID, PROVIDING HIGH-PERFORMANCE CLOUD COMPUTING TO HELP FACILITATE THE INNOVATION AND COMMERCIALIZATION OF CANCER THERAPEUTICS FOR THE UNIVERSITY OF LOUISVILLES BROWN CANCER CENTER. THIS CAPACITY HAS HISTORICALLY REDUCED THE COST AND TIME TO DISCOVERY FOR THE RESEARCH TEAMS AS WELL AS PROVIDE THE COMMONWEALTH AN INFRASTRUCTURE ADVANTAGE IN THE PURSUIT OF ADDITIONAL FEDERAL RESEARCH FUNDING.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,801,370

Investment Income $10,641

Other Revenue $0

TOTAL REVENUE $3,812,011

Expense Breakdown

Grants Paid $0

Salaries & Benefits $476,312

Fundraising Expenses $0

Program Expenses $2,254,884

Other Expenses $2,014,074

TOTAL EXPENSES $2,490,386

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,812,011	$1,828,749	+1.1%
Expenses	$2,490,386	$994,740	+1.5%
Net Income	$1,321,625	$834,009	+0.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$264,537

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BRIAN GUPTON	CEO	40.00	Officer	$165,500	$14,908	$180,408
JOHN SOWARD	PROGRAM MANA	40.00	Highest	$115,500	$12,408	$127,908
GENA MCCUBBINS	COO	40.00	Officer	$74,587	$9,542	$84,129
LUKAS C DWELLY	BOARD CHAIR	1.50	Director	$0	$0	$0
WAYNE M ADAMS JR	BOARD MEMBER	1.50	Director	$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
2024	No data	No data	No data	No data
2023	$3,812,011	$2,490,386	$2,831,125	$1,321,625
2022	$1,828,749	$994,740	$1,510,302	$834,009
2021	$732,080	$821,239	$783,269	$-89,159
2020	$1,045,180	$1,283,596	$839,755	$-238,416
2019	$3,227,847	$3,334,079	$1,020,308	$-106,232
2018	$163,634	$719,695	$1,023,522	$-556,061