KORE ACADEMY INC

EIN: 201530223 501(c)(3) Education

LEXINGTON, KY

Total Revenue
$260,913
Total Expenses
$266,687
Total Assets
$22,785
Net Assets
$19,023
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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
2004
Legal Domicile
KY
Principal Officer
TIM MARTIN
Phone
8599717129
Tax Period
2025-01-01 to 2025-06-30

KORE ACADEMY INC, founded in 2004, is a small nonprofit in the Education sector that reported $261K in total revenue in fiscal year 2025.

Mission

EDUCATION PROVIDED FOR STUDENTS IN PRIMARY AND SECONDARY LEVEL WITH VARIOUS LEARNING DISABILITIES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,154
Program Service Revenue $258,759
Investment Income $0
Other Revenue $0
TOTAL REVENUE $260,913

Expense Breakdown

Grants Paid $0
Salaries & Benefits $232,691
Fundraising Expenses $0
Program Expenses $248,594
Other Expenses $33,996
TOTAL EXPENSES $266,687

Year-over-Year Comparison

2025 2024 Change
Revenue $260,913 N/A N/A
Expenses $266,687 N/A N/A
Net Income $-5,774 N/A N/A
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

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Governance

Voting Members
8
Independent Members
8
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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM MARTIN PRESIDENT N/A
Officer
$0 $0 $0
STEPHANIE SPIRES DEVELOPMENT N/A
Officer
$0 $0 $0
JAMIE LYNN POTTER SECRETARY N/A
Officer
$0 $0 $0
TODD PEYTON DIRECTOR N/A
Director
$0 $0 $0
JOSEPH BLACK DIRECTOR N/A
Director
$0 $0 $0
MICHAEL COBB DIRECTOR N/A
Director
$0 $0 $0
ASHA GIBSON DIRECTOR N/A
Director
$0 $0 $0
KENDALL ANDERSON DIRECTOR N/A
Director
$0 $0 $0
JAMIE MILLS PRINCIPAL N/A
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 $260,913 $266,687 $22,785 $-5,774
2024 No data No data No data No data
2023 $469,534 $549,705 $155,212 $-80,171
2022 $528,882 $554,092 $235,383 $-25,210
2021 $556,305 $552,034 $260,593 $4,271
2020 $456,535 $491,964 $256,322 $-35,429
2019 $459,422 $469,223 $210,851 $-9,801
2018 $445,467 $431,307 $220,652 $14,160
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