KENTUCKY SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

EIN: 610473653

LOUISVILLE, KY

Total Revenue
$2,345,759
Total Expenses
$2,292,186
Total Assets
$3,477,206
Net Assets
$3,195,667
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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
1924
Legal Domicile
KY
Principal Officer
DARLENE ZIBART
Phone
5022665272
Tax Period
2023-07-01 to 2024-06-30

KENTUCKY SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS, founded in 1924, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2023.

Mission

TO BE THE MAIN RESOURCE FOR CPA'S, POLICY MAKERS AND THE PUBLIC REGARDING THE CPA PROFESSION.

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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 $0
Program Service Revenue $2,237,187
Investment Income $44,075
Other Revenue $64,497
TOTAL REVENUE $2,345,759

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,099,928
Fundraising Expenses $0
Program Expenses $1,583,842
Other Expenses $1,192,258
TOTAL EXPENSES $2,292,186

Year-over-Year Comparison

2023 2022 Change
Revenue $2,345,759 $2,245,378 +0.0%
Expenses $2,292,186 $2,205,013 +0.0%
Net Income $53,573 $40,365 +0.3%
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
16
Independent Members
16
Employees
12
Volunteers
254

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
4
$235,408
Total Directors
16
$235,408
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN ALEXANDER BOARD MEMBER 1.00
Director
$0 $0 $0
SHELLY G COMPTON BOARD MEMBER 1.00
Director
$0 $0 $0
KAYLA R GREMILLION CHAIR 1.00
Officer Director
$0 $0 $0
JAMES B STEVISON PAST CHAIR 1.00
Officer Director
$0 $0 $0
GREGORY M HIGH BOARD MEMBER 1.00
Director
$0 $0 $0
DARLENE ZIBART CEO 40.00
Officer Director
$216,682 $18,726 $235,408
LORI H KLUMPP BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM NEIL PATTON BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA BIVEN BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM M DAVEY BOARD MEMBER 1.00
Director
$0 $0 $0
OLIVIA N DAVIS CHAIR ELECT 1.00
Director
$0 $0 $0
JAMES R HITE BOARD MEMBER 1.00
Director
$0 $0 $0
JON R HARVILLE BOARD MEMBER 1.00
Director
$0 $0 $0
SHELBY N LEE BOARD MEMBER 1.00
Director
$0 $0 $0
CARRIE L OWENS BOARD MEMBER 1.00
Director
$0 $0 $0
LEE ANN WATTERS TREASURER 1.00
Officer 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 $2,345,759 $2,292,186 $3,477,206 $53,573
2023 $2,245,378 $2,205,013 $3,166,768 $40,365
2022 $2,512,628 $2,082,580 $3,046,565 $430,048
2021 $2,275,666 $2,073,105 $3,132,601 $202,561
2020 $2,544,833 $2,337,242 $2,600,228 $207,591
2019 $2,542,738 $2,324,543 $2,533,107 $218,195
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