SHELBY COUNTY ASSOCIATED INDUSTRIES

EIN: 461869465 501(c)(3) Employment

Shelbyville, KY

Total Revenue
$142,121
Total Expenses
$123,828
Total Assets
$136,733
Net Assets
$123,835
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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
2013
Legal Domicile
KY
Phone
5026335068
Tax Period
2021-07-01 to 2022-06-30

SHELBY COUNTY ASSOCIATED INDUSTRIES, founded in 2013, is a small nonprofit in the Employment sector that reported $142K in total revenue in fiscal year 2021. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $124K left a modest 13% surplus.

Mission

pROVIDE TRAINING OPPORTUNITIES FOR INCUMBENT WORKERS PROVIDE INFORMATON TO ASSIST INDUSTRY TO EXPAND AND PROSPER

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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 (2021)

Revenue Breakdown

Contributions & Grants $104,596
Program Service Revenue $37,525
Investment Income $0
Other Revenue $0
TOTAL REVENUE $142,121

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $123,828
Other Expenses $121,828
TOTAL EXPENSES $123,828

Year-over-Year Comparison

2021 2020 Change
Revenue $142,121 $89,667 +0.6%
Expenses $123,828 $69,637 +0.8%
Net Income $18,293 $20,030 -0.1%
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
30
Independent Members
N/A
Employees
N/A
Volunteers
9

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LIBBY ADAMS AGENT 10.00
$0 $0 $0
RAY LEATHERS CHAIRMAN N/A
$0 $0 $0
STEVE MEADOR MEMBER N/A
$0 $0 $0
BRIAN DESILETS MEMBER N/A
$0 $0 $0
MICHAEL HESKETH MEMBER N/A
$0 $0 $0
FRED RUDDY MEMBER N/A
$0 $0 $0
CHARLIE ANN CLABAUGH TRAINING COORDINATOR AND ADMIN ASSI 10.00
$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
2022 $142,121 $123,828 $136,733 $18,293
2021 $89,667 $69,637 $105,542 $20,030
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