Kentucky Society for Technology in… - Form 990 Financial Data

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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

1997

Legal Domicile

Principal Officer

LORENA WEBB HALL

Phone

8593142553

Tax Period

2024-07-01 to 2025-06-30

Kentucky Society for Technology in Education, founded in 1997, is a small nonprofit in the Science & Technology sector that reported $137K in total revenue in fiscal year 2024. Revenue fell 82% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $98K, a strong 71% operating margin.

Mission

KENTCUKCY SOCIETY FOR TECHNOLOGY IN EDUCATION INC HAS AS ITS MISSION TO HELP KENTUCKY SCHOOLS IMPROVE EDUCATION BY USING TECHNOLOGY

Program Service Accomplishments

Program 1

TO PROVIDE AND HOST A FALL CONFERENCE AND SPRING CONFERENCE AND TRAINING SESSIONS EACH YEAR FOR TEACHERS, ADMINISTORS, CHIEF INFORMATION OFFICERS AND DISTRICT TECHNOLOGY COORIDNATORS

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $136,870

Investment Income $3

Other Revenue $0

TOTAL REVENUE $136,873

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $39,249

TOTAL EXPENSES $39,249

Year-over-Year Comparison

	2024	2023	Change
Revenue	$136,873	$772,893	-0.8%
Expenses	$39,249	$852,174	-1.0%
Net Income	$97,624	$-79,281	-2.2%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY JOHNS	SECRETARY	002.00	Officer Director	$0	$0	$0
DAVID LUCAS	KYSTE OUTREACH	002.00	Director	$0	$0	$0
MARY ANN RANKIN	PAST PRESIDENT	002.00	Director	$0	$0	$0
WILLIAM PIERCE	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
LAURA DETERS	REGION 4 REP	002.00	Director	$0	$0	$0
AMANDA BELLMAN	REGION 7 REP	002.00	Director	$0	$0	$0
JARRAD GRAYBEAL	PARLIAMITARIAN	002.00	Officer Director	$0	$0	$0
SUSAN VINCENTZ	COMMUNICATIONS OFFICER	002.00	Director	$0	$0	$0
DEAN SMITH	REGION 1 REP	002.00	Director	$0	$0	$0
JASON WILSON	REGION 2 REP	002.00	Director	$0	$0	$0
RHONDA THOMPSON	REGION 6 REP	002.00	Director	$0	$0	$0
DAVE CARTY	REGION 5 REP	002.00	Director	$0	$0	$0
DENISE ISAAC	REGION 8 REP	002.00	Director	$0	$0	$0
LORENA WEBB HALL	EXECUTIVE DIRECTOR	010.00	Director	$0	$0	$0
AARON YIESER	TREASURER	002.00	Officer Director	$0	$0	$0
JESSICA SPARROW	ISTE LIAISON	002.00	Officer Director	$0	$0	$0
KATHLEEN RECEIVER	REGION 2 REP	002.00	Director	$0	$0	$0
NEAL ARNETT	PRESIDENT	002.00	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	$136,873	$39,249	$714,192	$97,624
2024	$772,893	$852,174	$628,774	$-79,281
2023	$721,221	$601,435	$672,853	$119,786
2022	$506,791	$506,488	$557,170	$303
2021	$125,670	$207,115	$570,668	$-81,445
2020	$467,675	$350,530	$651,848	$117,145
2019	$508,310	$412,707	$557,968	$95,603
2018	$499,486	$421,170	$387,074	$78,316

Kentucky Society for Technology in Education