PAINTSVILLE, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ONE EAST KENTUCKY CORPORATION ONE EAST KENTUCKY, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $778K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring.
The exclusive mission of ONE EAST KENTUCKY is to Recruit Industry and Investment JOBSto Eastern Kentucky through the implementation of a 5-Year Economic Development Strategy. ONE EAST KENTUCKY is a 9-County Regional Organization comprised of Private Businesses and local Chambers of Commerce.One East Kentucky is a 501(c)3 non-profit, privately funded regional economic development organization. The nine county area includes: Floyd, Knott, Johnson, Lawrence, Letcher, Magoffin, Martin, Perry and Pike. We are governed by a 13-member board of directors elected by investors of the organization.One East Kentucky champions the economy, markets the region for attraction of new companies, and advocates for economic development on a collective, regional level. The organization began as a partnership of five chambers of commerce Hazard/Perry County Chamber of Commerce, Floyd County Chamber of Commerce, Letcher County Chamber of Commerce, Paintsville/Johnson County Chamber of Commerce and Southeast
The exclusive mission of ONE EAST KENTUCKY is to Recruit Industry and Investment JOBSto Eastern Kentucky through the implementation of a 5-Year Economic Development Strategy. ONE EAST KENTUCKY is a...
The exclusive mission of ONE EAST KENTUCKY is to Recruit Industry and Investment JOBSto Eastern Kentucky through the implementation of a 5-Year Economic Development Strategy. ONE EAST KENTUCKY is a 9-County Regional Organization comprised of Private Businesses and local Chambers of Commerce.One East Kentucky is a 501(c)3 non-profit, privately funded regional economic development organization. The nine county area includes: Floyd, Knott, Johnson, Lawrence, Letcher, Magoffin, Martin, Perry and Pike. We are governed by a 13-member board of directors elected by investors of the organization.One East Kentucky champions the economy, markets the region for attraction of new companies, and advocates for economic development on a collective, regional level. The organization began as a partnership of five chambers of commerce Hazard/Perry County Chamber of Commerce, Floyd County Chamber of Commerce, Letcher County Chamber of Commerce, Paintsville/Johnson County Chamber of Commerce and Southeast Kentucky Chamber of Commerce. Eventually, this lead to the creation of a private organization funded by the private businesses and partners in these nine counties.These partners recognized the opportunity to better serve prospective businesses through regional service programs and marketing. Through One East Kentucky, we are proud to coordinate efforts for a greater impact on the economic growth of our region. One East Kentucky works closely with the Kentucky Cabinet for Economic Development, Shaping Our Appalachian Region (SOAR), Southeast Kentucky Economic Development, AEP Kentucky Power and many other organizations to secure new projects for our communities. SOAR's Industrial Development strategy is answered through the implementation of programs at One East Kentucky for our nine counties.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $778,057 | $1,026,242 | -0.2% |
| Expenses | $829,879 | $877,273 | -0.1% |
| Net Income | $-51,822 | $148,969 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| COLBY KIRK | President & CEO | 40.00 |
Officer
|
$138,354 | $0 | $138,354 |
| W Allen Gillum | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Paul Patton | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Mark Gooch | Secretary/Treas | 0.00 |
Director
|
$0 | $0 | $0 |
| Bill Grigsby | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Joseph Grossman | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Duran Hall | Chairman | 0.00 |
Director
|
$0 | $0 | $0 |
| Bob Hutchison | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Leisha Maynard | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Neil Middleton | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| John Horn | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| James Ayers | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Brett Mattison | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Cindy Wiseman | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $778,057 | $829,879 | $683,400 | $-51,822 |
| 2022 | $1,026,242 | $877,273 | $745,258 | $148,969 |
| 2021 | $468,288 | $692,249 | $615,738 | $-223,961 |
| 2020 | $853,843 | $551,311 | $884,249 | $302,532 |
| 2019 | $507,310 | $674,284 | $424,515 | $-166,974 |
| 2018 | $568,438 | $620,638 | $551,245 | $-52,200 |
Compare ONE EAST KENTUCKY CORPORATION ONE EAST KENTUCKY with other nonprofits in Kentucky and across the country.