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
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Financial Vulnerability Assessment (Tuckman-Chang)

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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

TEACH KENTUCKY IS A SELECTIVE TEACHER RECRUITMENT PROGRAM ATTRACTING MOTIVATED YOUNG PEOPLE TO TEACH IN KENTUCKY'S PUBLIC SCHOOLS, ENHANCING THE QUALITY OF EDUCATION FOR OUR STUDENTS AND ENRICHING OUR CIVIC LIFE BY RETAINING THESE BRIGHT YOUNG MINDS IN THE REGION. BASED IN LOUISVILLE, KY, A VIBRANT, FORWARD-THINKING CITY WITH A RICH HISTORY, TEACH KENTUCKY PLACES THE MAJORITY OF ITS TEACHERS WITHIN OUR METROPOLITAN AREA.

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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 (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
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Financial Health Indicators

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Liquidity & Cash Position

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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
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