The Kentucky State Police Foundation Inc

EIN: 474712245 501(c)(3) Recreation & Sports

Frankfort, KY

Total Revenue
$168,375
Total Expenses
$235,115
Total Assets
$395,940
Net Assets
$393,745
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
KY
Phone
8593580903
Tax Period
2025-01-01 to 2025-12-31

The Kentucky State Police Foundation Inc, founded in 2016, is a small nonprofit in the Recreation & Sports sector that reported $168K in total revenue in fiscal year 2025. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $235K exceeded revenue, resulting in a 40% operating deficit.

Mission

The Kentucky State Police Foundation is dedicated to supporting the Kentucky State Police (KSP) through strategic partnerships with the community and private sector. Its mission is to advance initiatives that enhance public safety, promote employee wellness, and reinforce the agency's commitment to serving the citizens of the Commonwealth of Kentucky. By investing in the well-being of KSP personnel and the effectiveness of its operations, the Foundation strives to strengthen the agency's capacity to safeguard the Commonwealth with integrity, professionalism, and excellence.

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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 (2025)

Revenue Breakdown

Contributions & Grants $186,060
Program Service Revenue $0
Investment Income $125
Other Revenue $-17,810
TOTAL REVENUE $168,375

Expense Breakdown

Grants Paid $6,500
Salaries & Benefits $75,489
Fundraising Expenses $0
Program Expenses $192,117
Other Expenses $153,126
TOTAL EXPENSES $235,115

Year-over-Year Comparison

2025 2024 Change
Revenue $168,375 $135,860 +0.2%
Expenses $235,115 $135,840 +0.7%
Net Income $-66,740 $20 -3338.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
3
Volunteers
20

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
$68,819
Total Directors
13
$17,954
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carol McIvor Vice-Chair 1.0
Officer Director
$0 $0 $0
Dr Robert Hughes Secretary & Treasurer 1.0
Officer Director
$0 $0 $0
Hank Patton Executive Director until 03/15/2025 40.0
Officer Director
$17,954 $0 $17,954
Luther Deaton Jr PRESIDENT AND CHAIR OF THE BOARD 1.0
Officer Director
$0 $0 $0
Andrea Walker Rich Board Member 1.0
Director
$0 $0 $0
Brett Blackwell Board Member 1.0
Director
$0 $0 $0
Chris Evans Board Member 1.0
Director
$0 $0 $0
Greg Couch Board Member 1.0
Director
$0 $0 $0
Jamie Stevens Board Member 1.0
Director
$0 $0 $0
Kelly Craft Board Member 1.0
Director
$0 $0 $0
Russell Coleman Board Member until 11/17/2025 1.0
Director
$0 $0 $0
Stewart Perry Board Member 1.0
Director
$0 $0 $0
Tyler Adkins Board Member 1.0
Director
$0 $0 $0
Alison Chavies Executive Director from 04/15/2025 40.0
Officer
$50,865 $0 $50,865
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 $168,375 $235,115 $395,940 $-66,740
2024 $135,860 $135,840 $460,533 $20
2023 $194,589 $139,354 $460,465 $55,235
2022 $315,849 $186,072 $409,350 $129,777
2021 $214,182 $157,774 $283,703 $56,408
2020 $301,743 $298,288 $237,305 $3,455
2019 $254,857 $141,700 $258,996 $113,157
2018 $42,436 $86,684 $155,037 $-44,248
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