KENTUCKY CENTER FOR PUBLIC SERVICE JOURNALISM (EIN 463464828) - 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

2013

Legal Domicile

Principal Officer

JUDITH G CLABES

Phone

5133244178

Tax Period

2024-01-01 to 2024-12-31

KENTUCKY CENTER FOR PUBLIC SERVICE JOURNALISM, founded in 2013, is a small nonprofit in the Education sector that reported $432K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $379K left a modest 12% surplus.

Mission

TO PROVIDE NEWS AND EXPLANATORY JOURNALISM IN THE PUBLIC INTEREST SPECIAL REPORTING PROJECTS OF AN INFORMATIVE NATURE AND TO BUILD A MODEL ON LINE NEWSPAPER OTHERS CAN REPLICATE

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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 (2024)

Revenue Breakdown

Contributions & Grants $222,780

Program Service Revenue $208,928

Investment Income $0

Other Revenue $0

TOTAL REVENUE $431,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $219,040

Fundraising Expenses $0

Program Expenses $376,186

Other Expenses $159,766

TOTAL EXPENSES $378,806

Year-over-Year Comparison

	2024	2023	Change
Revenue	$431,708	$368,320	+0.2%
Expenses	$378,806	$401,206	-0.1%
Net Income	$52,902	$-32,886	-2.6%

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

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

Total Directors

$67,200

Key Employees

$103,050

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAN WILLIAM HILLARD PHD	SECRETARY	3.00	Officer Director	$0	$0	$0
JUDITH CLABES	PRESIDENT	60.00	Director	$67,200	$0	$67,200
JACOB CLABES	VICE PRESIDENT	40.00	Key Emp Highest	$103,050	$0	$103,050
DREW BERRY	DIRECTOR	1.00	Director	$0	$0	$0
SUE PORTER	DIRECTOR	1.00	Director	$0	$0	$0
ERIC KRAFT	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
2025	No data	No data	No data	No data
2024	$431,708	$378,806	$78,325	$52,902
2023	$368,320	$401,206	$25,423	$-32,886
2022	$380,796	$400,542	$50,809	$-19,746
2021	$395,140	$358,246	$70,555	$36,894
2020	$312,400	$328,646	$33,661	$-16,246
2019	$337,269	$351,461	$49,907	$-14,192

KENTUCKY CENTER FOR PUBLIC SERVICE JOURNALISM