KENTUCKY RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC

EIN: 310884968 501(c)(3) Education

LOUISVILLE, KY

Total Revenue
$81,641
Total Expenses
$91,820
Total Assets
$720,689
Net Assets
$720,680
🔒

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
1976
Legal Domicile
KY
Principal Officer
STACY ROOF
Phone
5024003736
Tax Period
2023-07-01 to 2024-06-30

KENTUCKY RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC, founded in 1976, is a micro nonprofit in the Education sector that reported $82K in total revenue in fiscal year 2023. Expenses of $92K exceeded revenue, resulting in a 12% operating deficit.

Mission

AWARD SCHOLARSHIPS TO PERSONS WORKING OR STUDYING IN THE FOODSERVICE INDUSTRY AND ALSO PROVIDE A LIMITED NUMBER OF GRANTS FOR EDUCATIONAL SEMINARS AND PROFESSIONAL DEVELOPMENT

🔒

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 $54,105
Program Service Revenue $0
Investment Income $10,511
Other Revenue $17,025
TOTAL REVENUE $81,641

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,239
Fundraising Expenses $0
Program Expenses $81,758
Other Expenses $35,581
TOTAL EXPENSES $91,820

Year-over-Year Comparison

2023 2022 Change
Revenue $81,641 $80,379 +0.0%
Expenses $91,820 $93,146 0.0%
Net Income $-10,179 $-12,767 -0.2%
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
9
Independent Members
9
Employees
1
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
1
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STACY ROOF EXECUTIVE DI N/A
Officer
$0 $0 $0
MIKE KULL PRESIDENT N/A
Director
$0 $0 $0
FRANK RULEY SECRETARY/TR N/A
Director
$0 $0 $0
TJ OAKLEY CHAIR N/A
Director
$0 $0 $0
RICK PRICE TRUSTEE N/A
Director
$0 $0 $0
TOM ENYEART TRUSTEE N/A
Director
$0 $0 $0
RICH CLEAVES TRUSTEE N/A
Director
$0 $0 $0
KARL CRASE TRUSTEE N/A
Director
$0 $0 $0
MANDY RION TRUSTEE N/A
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 No data No data No data No data
2024 $81,641 $91,820 $720,689 $-10,179
2023 $80,379 $93,146 $711,903 $-12,767
2022 $77,822 $100,567 $652,712 $-22,745
2021 $68,787 $65,807 $781,555 $2,980
2020 $73,842 $73,496 $634,199 $346
2019 $151,334 $86,757 $637,015 $64,577
2018 $84,573 $86,618 $644,873 $-2,045
Explore More Nonprofits
Top 100 Nonprofits in Kentucky Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare KENTUCKY RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC with other nonprofits in Kentucky and across the country.