PRESERVATION KENTUCKY INC (EIN 311665931) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Principal Officer

W GRADY WALTER II

Phone

5028714570

Tax Period

2023-01-01 to 2023-12-31

PRESERVATION KENTUCKY INC, founded in 1999, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $58K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $78K exceeded revenue, resulting in a 34% operating deficit.

Mission

PRESERVATION KENTUCKY'S MISSION IS TO BUILD SUPPORT FOR AND PROTECT KENTUCKY'S HISTORIC STRUCTURES AND RESOURCES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $41,750

Program Service Revenue $0

Investment Income $2,075

Other Revenue $14,250

TOTAL REVENUE $58,075

Expense Breakdown

Grants Paid $0

Salaries & Benefits $52,539

Fundraising Expenses $5,760

Program Expenses $47,395

Other Expenses $25,365

TOTAL EXPENSES $77,904

Year-over-Year Comparison

	2023	2022	Change
Revenue	$58,075	$103,796	-0.4%
Expenses	$77,904	$77,201	+0.0%
Net Income	$-19,829	$26,595	-1.7%

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

Volunteers

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
DOUG APPLER	DIRECTOR	1.00	Director	$0	$0	$0
FOWLER BLACK	DIRECTOR	1.00	Director	$0	$0	$0
NEILL CAUDILL	DIRECTOR	1.00	Director	$0	$0	$0
BETSY HATFIELD	SECRETARY	1.00	Officer Director	$0	$0	$0
RICHARD TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
GARLAN VANHOOK	DIRECTOR	1.00	Director	$0	$0	$0
W GRADY WALTER II	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DAVID MORGAN	TREASURER	1.00	Officer Director	$0	$0	$0
TED STONE	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
2024	No data	No data	No data	No data
2023	$58,075	$77,904	$192,511	$-19,829
2022	$103,796	$77,201	$207,729	$26,595
2021	$76,126	$72,654	$191,098	$3,472
2020	$103,724	$76,344	$183,380	$27,380
2018	$190,828	$83,264	$171,577	$107,564

PRESERVATION KENTUCKY INC