SPINA BIFIDA ASSOCIATION OF KENTUCKY INC

EIN: 311081176 501(c)(3) Diseases & Disorders

LOUISVILLE, KY

Total Revenue
$216,564
Total Expenses
$227,663
Total Assets
$171,854
Net Assets
$169,779
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
KY
Phone
5026377363
Tax Period
2023-01-01 to 2023-12-31

SPINA BIFIDA ASSOCIATION OF KENTUCKY INC, founded in 1983, is a small nonprofit in the Diseases & Disorders sector that reported $217K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

To build a better and brighter future for all those impacted by Spina Bifida in Kentucky and Southern Indiana by providing free social, educational, and financial support services

Program Service Accomplishments

Program 1
Expenses: $15,000

SPINA BIFIDA FAMILY CAMP One of SBAK's most popular programs is the annual family camp weekend at the Center for Courageous Kids in Scottsville KY. This camp allows children with Spina Bifida and...

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SPINA BIFIDA FAMILY CAMP One of SBAK's most popular programs is the annual family camp weekend at the Center for Courageous Kids in Scottsville KY. This camp allows children with Spina Bifida and their families to attend an accessible, medically staffed sleep-away camp where families participate in fishing, archery, swimming, and more. In 2023, 29 families attended this three-day camp.

Program 2
Expenses: $75,000

CHILDREN'S PROGRAMS From newborn to teen, SBAK provides social and educational programming to help kids with Spina Bifida and their parents/guardians learn to navigate their ever-changing world...

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CHILDREN'S PROGRAMS From newborn to teen, SBAK provides social and educational programming to help kids with Spina Bifida and their parents/guardians learn to navigate their ever-changing world. These programs provide a chance for kids to interact with others who have similar challenges and, as they grow, teaches them how to advocate for themselves and mange their own medical care. Parents/guardians are provided with educational materials and a chance to get information and advice from experts and other parents who face similar issues.

Program 3
Expenses: $65,025

MULTIGENERATIONAL PROGRAMS Programming for all those with Spina Bifida and their families. Includes social and holiday activities as well as educational programs and events and the the SBAK Financial...

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MULTIGENERATIONAL PROGRAMS Programming for all those with Spina Bifida and their families. Includes social and holiday activities as well as educational programs and events and the the SBAK Financial Assistance Fund. The SBAK Financial Assistance Fund helped 3 families with emergency payments of utilities and rent during extended hospital stays for their child with Spina Bifida. The Fund also helped an adult with Spina Bifida pay for new leg braces and a child with Spina Bifida who is a double amputee attend a specialized camp.

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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 $216,092
Program Service Revenue $0
Investment Income $308
Other Revenue $164
TOTAL REVENUE $216,564

Expense Breakdown

Grants Paid $5,271
Salaries & Benefits $118,837
Fundraising Expenses $39,924
Program Expenses $155,025
Other Expenses $103,555
TOTAL EXPENSES $227,663

Year-over-Year Comparison

2023 2022 Change
Revenue $216,564 $277,959 -0.2%
Expenses $227,663 $198,193 +0.1%
Net Income $-11,099 $79,766 -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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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
45

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
5
$93,101
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUGLAS DRESSMAN EXECUTIVE DIRECTOR THRU 10/24/2024 40.00
Officer
$50,085 $0 $50,085
SARAH RICHARDSON INTERIM EXECUTIVE DIRECTOR 10/25-12/31/2024 40.00
Officer
$43,016 $0 $43,016
JONATHAN EVANS CHARIMAN 3.00
Officer
$0 $0 $0
CHRISTI MCKIM SECRETARY 1.00
Officer
$0 $0 $0
SAMUEL OLIVER TREASURER 2.00
Officer
$0 $0 $0
SAMANTHA MILLER CHAIR ELECT 1.00
Director
$0 $0 $0
JEFFREY WHITE MD DIRECTOR 1.00
Director
$0 $0 $0
JESSICA WILKERSON DIRECTOR 1.00
Director
$0 $0 $0
AMANDA KLEIER DIRECTOR 1.00
Director
$0 $0 $0
RYAN RHODES DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY SIMONIC DIRECTOR 1.00
Director
$0 $0 $0
BRETT GREGORY DIRECTOR 1.00
Director
$0 $0 $0
DAKOTA HILTON DIRECTOR 1.00
Director
$0 $0 $0
COLLEEN PAYNE DIRECTOR 1.00
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
2023 $216,564 $227,663 $171,854 $-11,099
2023 $216,564 $227,663 $171,854 $-11,099
2022 $277,959 $198,193 $216,752 $79,766
2021 $220,509 $209,265 $124,285 $11,244
2020 $241,117 $215,624 $112,869 $25,493
2019 $189,009 $231,307 $82,898 $-42,298
2018 $210,012 $249,875 $126,233 $-39,863
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