LESLIE KNOTT LETCHER PERRY HEADSTART INC

EIN: 310889573 501(c)(3) Education

HAZARD, KY

Total Revenue
$9,870,419
Total Expenses
$9,703,649
Total Assets
$3,141,527
Net Assets
$1,640,921
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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
1966
Legal Domicile
KY
Principal Officer
JUSTIN COLLETT
Phone
6064368853
Tax Period
2024-06-01 to 2025-05-31

LESLIE KNOTT LETCHER PERRY HEADSTART INC, founded in 1966, is a community nonprofit in the Education sector that reported $9.9M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

EARLY CHILDHOOD DEVELOPMENT

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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 (2024)

Revenue Breakdown

Contributions & Grants $9,576,506
Program Service Revenue $0
Investment Income $235,730
Other Revenue $58,183
TOTAL REVENUE $9,870,419

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,382,094
Fundraising Expenses $0
Program Expenses $8,864,611
Other Expenses $3,321,555
TOTAL EXPENSES $9,703,649

Year-over-Year Comparison

2024 2023 Change
Revenue $9,870,419 $8,072,866 +0.2%
Expenses $9,703,649 $9,622,305 +0.0%
Net Income $166,770 $-1,549,439 -1.1%
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

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Governance

Voting Members
24
Independent Members
24
Employees
197
Volunteers
1285

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
$71,927
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL LEWIS CHAIR 1.00
Director
$0 $0 $0
WILLIAM LEWIS TRUSTEE 1.00
Director
$0 $0 $0
JAMES GLEN CAUDILL TRUSTEE 1.00
Director
$0 $0 $0
CAROL JOSEPH TRUSTEE 1.00
Director
$0 $0 $0
MARILYN OSBORNE TRUSTEE 1.00
Director
$0 $0 $0
CORBETT MULLINS TRUSTEE 1.00
Director
$0 $0 $0
OLA PIGMAN TRUSTEE 1.00
Director
$0 $0 $0
WILMA JEAN REYNOLDS TREASURER 1.00
Director
$0 $0 $0
JEFF DOBSON TRUSTEE 1.00
Director
$0 $0 $0
CONNIE SIZEMORE TRUSTEE 1.00
Director
$0 $0 $0
ZACH SANDLIN TRUSTEE 1.00
Director
$0 $0 $0
TERRY ADAMS TRUSTEE 1.00
Director
$0 $0 $0
STEVE ADDINGTON TRUSTEE 1.00
Director
$0 $0 $0
BENNY BENTLEY TRUSTEE 1.00
Director
$0 $0 $0
WALTER NIXON TRUSTEE 1.00
Director
$0 $0 $0
BECKY PIGMAN TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM CHEDDY SMITH TRUSTEE 1.00
Director
$0 $0 $0
TODD DEPRIEST TRUSTEE 1.00
Director
$0 $0 $0
STEVEN EVERSOLE TRUSTEE 1.00
Director
$0 $0 $0
DEREK JORGE CAMPBELL TRUSTEE 1.00
Director
$0 $0 $0
JIMMY SPENCER TRUSTEE 1.00
Director
$0 $0 $0
SCOTT ALEXANDER VICE-CHAIR 1.00
Director
$0 $0 $0
MICHAEL WATTS SECRETARY 1.00
Director
$0 $0 $0
BARBARA BARKER TRUSTEE 1.00
Director
$0 $0 $0
JUSTIN COLLETT DIRECTOR 40.00
Officer
$71,927 $0 $71,927
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 $9,870,419 $9,703,649 $3,141,527 $166,770
2024 $8,072,866 $9,622,305 $3,108,776 $-1,549,439
2023 $8,748,861 $9,401,222 $3,995,841 $-652,361
2022 $9,539,093 $7,965,875 $4,453,305 $1,573,218
2021 $8,849,091 $8,323,520 $3,067,464 $525,571
2020 $7,299,252 $7,451,404 $2,636,180 $-152,152
2019 $7,308,113 $7,101,723 $2,702,240 $206,390
2018 $6,904,007 $6,589,483 $2,345,614 $314,524
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