Children's Home of Northern Kentucky Inc

EIN: 237068704 501(c)(3) Human Services

Covington, KY

Total Revenue
$12,952,752
Total Expenses
$12,380,554
Total Assets
$20,829,482
Net Assets
$14,180,454
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1880
Legal Domicile
KY
Principal Officer
Rick W Wurth
Phone
8592618768
Tax Period
2023-07-01 to 2024-06-30

Children's Home of Northern Kentucky Inc, founded in 1880, is a mid-sized nonprofit in the Human Services sector that reported $13.0M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $12.4M left a modest 4% surplus.

Mission

A trauma-informed Healthcare Organization, CHNK Behavioral Health creates Holistic Partnerships for Health and Wellness that are inclusive, innovative and inspiring.

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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 $5,309,075
Program Service Revenue $7,020,564
Investment Income $238,253
Other Revenue $384,860
TOTAL REVENUE $12,952,752

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $8,752,996
Fundraising Expenses $888,784
Program Expenses $9,801,610
Other Expenses $3,622,558
TOTAL EXPENSES $12,380,554

Year-over-Year Comparison

2023 2022 Change
Revenue $12,952,752 $15,664,138 -0.2%
Expenses $12,380,554 $14,820,530 -0.2%
Net Income $572,198 $843,608 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
214
Volunteers
175

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
8
$978,783
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeffrey Sackenheim President 1.00
Officer Director
$0 $0 $0
Geoffrey Egbers Vice-President 1.00
Officer Director
$0 $0 $0
Josh Ruth Treasurer 1.00
Officer Director
$0 $0 $0
Barry Applegate Board Member 1.00
Director
$0 $0 $0
Dorothy Air Board Member 1.00
Director
$0 $0 $0
Robert Simmons Board Member - Start 07/23 1.00
Director
$0 $0 $0
Jeff W Thomas Board Member - Exit 06/24 1.00
Director
$0 $0 $0
Charlene Erler Board Member 1.00
Director
$0 $0 $0
Ted Gaeddert Board Member 1.00
Director
$0 $0 $0
Karen Morgan Board Member 1.00
Director
$0 $0 $0
Peggy Essert Board Member 1.00
Director
$0 $0 $0
Rick Wurth CEO 40.00
Officer
$315,772 $80,003 $395,775
Julie Raia Chief Strategy Officer 40.00
Officer
$108,707 $42,302 $151,009
David Howard Chief HR Officer 40.00
Officer
$106,708 $40,965 $147,673
Debbie Rapier Chief Financial Officer 40.00
Officer
$124,521 $43,189 $167,710
Crystal Leugers Chief Programming Officer 40.00
Officer
$103,493 $13,123 $116,616
Rachel Byrd Psychiatric Nurse Practitioner 40.00
Highest
$198,884 $26,464 $225,348
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 No data No data No data No data
2024 $12,952,752 $12,380,554 $20,829,482 $572,198
2023 $15,664,138 $14,820,530 $18,874,439 $843,608
2022 $15,932,160 $14,346,372 $17,601,593 $1,585,788
2021 $13,499,254 $13,020,554 $17,993,059 $478,700
2020 $7,918,115 $8,485,899 $16,705,116 $-567,784
2019 $6,188,565 $8,144,402 $16,853,162 $-1,955,837
2018 $6,979,436 $7,464,868 $17,169,347 $-485,432
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