JOBS FOR KENTUCKY'S GRADUATES INC

EIN: 464660829 501(c)(3) Education

LEXINGTON, KY

Total Revenue
$6,179,938
Total Expenses
$4,506,532
Total Assets
$4,634,907
Net Assets
$4,435,376
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
KY
Principal Officer
GEORGE STAFFORD
Phone
8594073479
Tax Period
2023-07-01 to 2024-06-30

JOBS FOR KENTUCKY'S GRADUATES INC, founded in 2014, is a community nonprofit in the Education sector that reported $6.2M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.7M, a strong 27% operating margin.

Mission

TO ASSIST AT RISK STUDENTS TO GRADUATE FROM HIGH SCHOOL AND SUCCESSFULLY TRANSITION TO WORK OR FURTHER EDUCATION

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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 $1,261,744
Program Service Revenue $4,795,977
Investment Income $119,317
Other Revenue $2,900
TOTAL REVENUE $6,179,938

Expense Breakdown

Grants Paid $3,034,117
Salaries & Benefits $908,584
Fundraising Expenses $225,502
Program Expenses $3,892,751
Other Expenses $563,831
TOTAL EXPENSES $4,506,532

Year-over-Year Comparison

2023 2022 Change
Revenue $6,179,938 $5,464,225 +0.1%
Expenses $4,506,532 $3,580,741 +0.3%
Net Income $1,673,406 $1,883,484 -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
13
Independent Members
13
Employees
12
Volunteers
200

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
$124,379
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY CARUSO CHAIRMAN 10.00
Officer Director
$0 $0 $0
BARRETT BRIDGEWATER TREASURER 1.00
Officer Director
$0 $0 $0
HOLLAND SPADE BOARD MEMBER 1.00
Director
$0 $0 $0
TRAVIS BURTON BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON ROBINSON SECRETARY 1.00
Officer Director
$0 $0 $0
THOMAS DAGER BOARD MEMBER 1.00
Director
$0 $0 $0
GWEN BATES VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
JACQUELINE PITTS BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE EVANS BOARD MEMBER 1.00
Director
$0 $0 $0
TIM HATFIELD BOARD MEMBER 1.00
Director
$0 $0 $0
DR MOLLY MCCOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
BRANDIE DAWSON BOARD MEMBER 1.00
Director
$0 $0 $0
GRIFFIN MASON BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE STAFFORD PRESIDENT 40.00
Officer
$119,517 $4,862 $124,379
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 $6,179,938 $4,506,532 $4,634,907 $1,673,406
2023 $5,464,225 $3,580,741 $2,948,031 $1,883,484
2022 $3,512,551 $2,723,031 $1,026,137 $789,520
2021 $2,461,000 $2,384,730 $474,691 $76,270
2020 $3,428,082 $3,555,021 $1,272,368 $-126,939
2019 $2,678,726 $2,643,340 $530,189 $35,386
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