KENTUCKY ASSOCIATION OF CAREER COLLEGES AND SCHOOLS INC

EIN: 203369933

LOUISVILLE, KY

Total Revenue
$29,946
Total Expenses
$32,043
Total Assets
$1,895
Net Assets
$1,895
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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
1958
Principal Officer
CHRIS ERNST
Phone
5027273456
Tax Period
2020-01-01 to 2020-12-31

KENTUCKY ASSOCIATION OF CAREER COLLEGES AND SCHOOLS INC, founded in 1958, is a micro nonprofit that reported $30K in total revenue in fiscal year 2020. Revenue fell 42% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATION'S MOST SIGNIFICANT ACTIVITIES ARE PROVIDING CONTINUING EDUCATION OPPORTUNITIES FOR THE EDUCATORS OF MEMBER INSTITUTIONS WHILE MAINTAINING RELATIONS WITH GOVERNMENT OFFICIALS AND THE PUBLIC.

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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 (2020)

Revenue Breakdown

Contributions & Grants $28,619
Program Service Revenue $1,327
Investment Income $0
Other Revenue $0
TOTAL REVENUE $29,946

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $30,543
Other Expenses $32,043
TOTAL EXPENSES $32,043

Year-over-Year Comparison

2020 2019 Change
Revenue $29,946 $51,477 -0.4%
Expenses $32,043 $50,806 -0.4%
Net Income $-2,097 $671 -4.1%
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
10
Independent Members
10
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS ERNST PRESIDENT N/A
Officer Director
$0 $0 $0
BRETT WEBER TREASURER N/A
Officer Director
$0 $0 $0
BRENDA EVANS VICE-PRESIDE N/A
Officer 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
2020 $29,946 $32,043 $1,895 $-2,097
2019 $51,477 $50,806 $3,992 $671
2018 $60,288 $102,973 $324 $-42,685
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