TEACH KENTUCKY INC

EIN: 204009920 501(c)(3) Education

LOUISVILLE, KY

Total Revenue
$770,461
Total Expenses
$702,857
Total Assets
$800,027
Net Assets
$782,238
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
KY
Principal Officer
John Rowan Claypool
Phone
5024580830
Tax Period
2023-10-01 to 2024-09-30

TEACH KENTUCKY INC, founded in 2005, is a small nonprofit in the Education sector that reported $770K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $703K left a modest 9% surplus.

Mission

FOR 23 YEARS, TEACH KENTUCKY HAS RECRUITED COLLEGE GRADUATES POSSESSING STRONG ACADEMIC CREDENTIALS AND SUBJECT CONTENT KNOWLEDGE TO LAUNCH THEIR EDUCATION CAREERS IN THE LOUISVILLE, KY REGION. NEW RECRUITS BEGIN A MASTERS OF ARTS IN TEACHING AT A LOCAL UNIVERSITY WHILE EARNING A FULL-TIME SALARY IN THE CLASSROOM AS A TEACHER OF RECORD. MANY OF OUR TEACHERS WORK IN HIGH POVERTY SCHOOLS, WHERE THE NEED FOR TALENTED EDUCATIONS IS THE GREATEST. TEACH KENTUCKY IS NOT ONLY COMMITTED TO RECRUITING BRIGHT YOUNG MINDS TO THE EDUCATION PROFESSION, BUT TO RETAINING THEM IN IT. ITS PROGRAM PROVIDES ADDITIONAL PROFESSIONAL DEVELOPMENT OF FIRST AND SECOND YEAR TEACHERS, AND A MENTORING PROGRAM RUN BY RETIRED EDUCATORS AND ADMINISTRATORS.

Program Service Accomplishments

Program 1
Expenses: $562,023 Revenue: $0

TEACH KENTUCKY RECRUITS INDIVIDUALS TO LAUNCH THEIR EDUCATION CAREERS IN LOUISVILLE, KENTUCKY. IT LEVERAGES FINANCIAL INCENTIVES ACQUIRED THROUGH ITS STRATEGIC FUNDRAISING EFFORTS TO ATTRACT RECENT...

Read more

TEACH KENTUCKY RECRUITS INDIVIDUALS TO LAUNCH THEIR EDUCATION CAREERS IN LOUISVILLE, KENTUCKY. IT LEVERAGES FINANCIAL INCENTIVES ACQUIRED THROUGH ITS STRATEGIC FUNDRAISING EFFORTS TO ATTRACT RECENT COLLEGE GRADUATES FROM ACROSS THE NATION. PARTICIPANTS SERVE IN KENTUCKY PUBLIC SCHOOLS AND EARN AN ALTERNATIVE ROUTE MASTERS DEGREE WHILE TEACHING FULL-TIME. SINCE ITS INCEPTION, TEACH KENTUCKY HAS RECRUITED 560 INDIVIDUALS REPRESENTING OVER 180 COLLEGES AND UNIVERSITIES. SEVENTY-THREE PERCENT (73%) OF THESE INDIVIDUALS ARE FROM OUTSIDE THE STATE OF KENTUCKY. 395 OF THESE INDIVIDUALS REMAIN IN THE EDUCATION PROFESSION EITHER IN KENTUCKY OR ELSEWHERE. OF THE 280 EDUCATORS CURRENTLY RESIDING AND WORKING IN KENTUCKY, 70 PERCENT (70%) OF THEM WORK IN HIGH-POVERTY, LOW PERFORMING SCHOOLS.

Program 2
Expenses: $22,609 Revenue: $0

TEACH KENTUCKY PROVIDES A SIX-WEEK TEACHER PREPARATION PROGRAM THAT COMPLEMENTS GRADUATE SCHOOL COURSES IN ORDER TO BETTER EQUIP ITS NEW RECRUITS FOR THE CLASSROOM AND INCREASE RETENTION OF ITS...

Read more

TEACH KENTUCKY PROVIDES A SIX-WEEK TEACHER PREPARATION PROGRAM THAT COMPLEMENTS GRADUATE SCHOOL COURSES IN ORDER TO BETTER EQUIP ITS NEW RECRUITS FOR THE CLASSROOM AND INCREASE RETENTION OF ITS RECRUITS IN THE PROFESSION LONG-TERM. THIS PROGRAM IS RUN BY VETERAN EDUCATORS WHO ARE ALUMNI OF THE TEACH KENTUCKY PROGRAM. THIS STRUCTURE AIDS IN THE FORMATION OF CROSS-GENERATIONAL RELATIONSHIPS BETWEEN PROGRAM PARTICIPANTS NEW AND OLD, PROMOTING KNOWLEDGE-SHARING, ONGOING COLLABORATION, AND A STRONG FOUNDATION OF SUPPORT. ADDITIONALLY, TEACH KENTUCKY PARTNERS WITH LOCAL MIDDLE AND HIGH SCHOOLS TO PROVIDE REALISTIC INSTRUCTIONAL CLASSROOM EXPERIENCES WITH STUDENTS PRIOR TO THE FIRST DAY OF SCHOOL. VETERAN TEACHERS OBSERVE NEW RECRUITS AND PROVIDE THEM WITH CONSTRUCTIVE FEEDBACK AND MODELING.

Program 3
Expenses: $5,865 Revenue: $0

TEACH KENTUCKY CREATES A TIGHT-KNIT COMMUNITY OF ONGOING SUPPORT TO ITS RECRUITS AS THEY ADJUST TO THEIR NEW CAREERS AND NEW LIVES IN LOUISVILLE. IN SURVEYS ADMINISTERED TO OUR EDUCATORS, THIS ASPECT...

Read more

TEACH KENTUCKY CREATES A TIGHT-KNIT COMMUNITY OF ONGOING SUPPORT TO ITS RECRUITS AS THEY ADJUST TO THEIR NEW CAREERS AND NEW LIVES IN LOUISVILLE. IN SURVEYS ADMINISTERED TO OUR EDUCATORS, THIS ASPECT OF THE PROGRAM POSITIVELY DIFFERENTIATES TEACH KENTUCKY THE MOST FROM OTHER TEACHER RECRUITMENT OPTIONS. TEACH KENTUCKY CONSIDERS THESE NETWORKS AND SUPPORT TO BE A CRUCIAL CONTRIBUTING FACTOR TO ITS SEVENTY PERCENT (70%) RETENTION RATE OF INDIVIDUALS WHO BEGIN THEIR THIRD YEARS AS TEACHERS RECRUITED THROUGH THE PROGRAM.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $763,687
Program Service Revenue $0
Investment Income $6,774
Other Revenue $0
TOTAL REVENUE $770,461

Expense Breakdown

Grants Paid $121,559
Salaries & Benefits $310,658
Fundraising Expenses $28,473
Program Expenses $590,497
Other Expenses $270,640
TOTAL EXPENSES $702,857

Year-over-Year Comparison

2023 2022 Change
Revenue $770,461 $830,370 -0.1%
Expenses $702,857 $569,303 +0.2%
Net Income $67,604 $261,067 -0.7%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
11

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
$88,710
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROWAN CLAYPOOL PRESIDENT 40
Officer
$80,385 $8,325 $88,710
BRYAN WARREN BOARD CHAIR 1
Officer Director
$0 $0 $0
EMILY UCKOTTER TREASURER 1
Officer Director
$0 $0 $0
KATE GRINDON SECRETARY 1
Director
$0 $0 $0
WILL COBURN DIRECTOR 1
Director
$0 $0 $0
ALEX HILL DIRECTOR 1
Director
$0 $0 $0
JOHN FENDIG DIRECTOR 1
Director
$0 $0 $0
DAVID BODINE DIRECTOR 1
Director
$0 $0 $0
EMILY WILSON DIRECTOR 1
Director
$0 $0 $0
ALEX CLAYCOMB DIRECTOR 1
Director
$0 $0 $0
CARL L WILLIAMS SR DIRECTOR 1
Director
$0 $0 $0
BARRY METHNER DIRECTOR 1
$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 $770,461 $702,857 $800,027 $67,604
2023 $830,370 $569,303 $1,041,270 $261,067
2022 $229,002 $536,763 $466,573 $-307,761
2021 $788,851 $483,469 $775,550 $305,382
2020 $429,483 $403,753 $516,369 $25,730
2019 $579,720 $379,478 $440,130 $200,242
2018 $306,927 $472,986 $241,852 $-166,059
Explore More Nonprofits
Top 100 Nonprofits in Kentucky Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare TEACH KENTUCKY INC with other nonprofits in Kentucky and across the country.