NORTHERN KENTUCKY EDUCATION COUNCIL INC

EIN: 203105862 501(c)(3) Education

FLORENCE, KY

Total Revenue
$1,120,222
Total Expenses
$737,957
Total Assets
$416,182
Net Assets
$416,182
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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

Legal Domicile
KY
Principal Officer
KAREN EVANS
Phone
8592829214
Tax Period
2024-07-01 to 2025-06-30

NORTHERN KENTUCKY EDUCATION COUNCIL INC is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 283% from the prior year, signaling strong growth momentum. The organization ran a surplus of $382K, a strong 34% operating margin.

Mission

Strengthen, unite, and mobilize education, business and community partners in Northern Kentucky to advance student success and wellbeing from early childhood through post-secondary/career.

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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 (2024)

Revenue Breakdown

Contributions & Grants $206,427
Program Service Revenue $913,795
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,120,222

Expense Breakdown

Grants Paid $0
Salaries & Benefits $345,284
Fundraising Expenses $0
Program Expenses $389,705
Other Expenses $392,673
TOTAL EXPENSES $737,957

Year-over-Year Comparison

2024 2023 Change
Revenue $1,120,222 $292,219 +2.8%
Expenses $737,957 $367,203 +1.0%
Net Income $382,265 $-74,984 -6.1%
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
18
Independent Members
17
Employees
5
Volunteers
142

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
3
$100,000
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR RANDY POE Executive Dir. 40.00
Officer
$100,000 $0 $100,000
JEFF HAUSWALD BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD HUNGLER BOARD MEMBER 1.00
Director
$0 $0 $0
DR DAN CAHILL Treasurer 1.00
Officer Director
$0 $0 $0
DR FERNANDO FIGUEROA Chairman 1.00
Officer Director
$0 $0 $0
DURRAN ALEXANDER BOARD MEMBER 1.00
Director
$0 $0 $0
BRENT COOPER BOARD MEMBER 1.00
Director
$0 $0 $0
MICKEY FRITZ BOARD MEMBER 1.00
Director
$0 $0 $0
GINNI FAIR BOARD MEMBER 1.00
Director
$0 $0 $0
CLAIRE PARSONS BOARD MEMBER 1.00
Director
$0 $0 $0
AMY RAZOR BOARD MEMBER 1.00
Director
$0 $0 $0
CORREY EIMER BOARD MEMBER 1.00
Director
$0 $0 $0
SHANNON STARKEY-TAYLOR BOARD MEMBERS 1.00
Director
$0 $0 $0
DAVID KAY BOARD MEMBER 1.00
Director
$0 $0 $0
TONY WATTS Secretary 1.00
Director
$0 $0 $0
KEN MUTH BOARD MEMBER 1.00
Director
$0 $0 $0
JOE BUERKLEY BOARD MEMBER 1.00
Director
$0 $0 $0
SHELLI WILSON BOARD MEMBER 1.00
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
2025 $1,120,222 $737,957 $416,182 $382,265
2024 $292,219 $367,203 $33,917 $-74,984
2023 $327,228 $369,230 $122,989 $-42,002
2022 $445,539 $366,551 $150,904 $78,988
2021 $312,065 $295,641 $88,912 $16,424
2020 $254,573 $215,475 $72,554 $39,098
2019 $377,708 $481,592 $17,392 $-103,884
2018 $496,308 $429,225 $121,100 $67,083
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