KENTUCKY SOCIETY OF PROFESSIONAL E… - Form 990 Financial Data

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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

1971

Legal Domicile

Principal Officer

RUSS ROMINE

Phone

5026955680

Tax Period

2024-07-01 to 2025-06-30

KENTUCKY SOCIETY OF PROFESSIONAL ENGINEERS INC, founded in 1971, is a small nonprofit that reported $306K in total revenue in fiscal year 2024.

Mission

TO PROMOTE THE ETHICAL, COMPETENT, AND LICENSED PRACTICE OF ENGINEERING, AND TO ENHANCE THE PROFESSIONAL, SOCIAL AND ECONOMIC WELL BEING OF OUR MEMBERS.

Program Service Accomplishments

Program 1

SEMINAR PROGRAM PROVIDES OPPORTUNITY FOR PROMOTING THE COMMON BUSINESS AND PROFESSIONAL INTERESTS OF ENGINEERS. IN ADDITION, KENTUCKY NOW HAS A CONTINUING PROFESSIONAL DEVELOPMENT REQUIREMENT FOR...

SEMINAR PROGRAM PROVIDES OPPORTUNITY FOR PROMOTING THE COMMON BUSINESS AND PROFESSIONAL INTERESTS OF ENGINEERS. IN ADDITION, KENTUCKY NOW HAS A CONTINUING PROFESSIONAL DEVELOPMENT REQUIREMENT FOR ENGINEERS, AND THIS PROVIDES A SERVICE TO ENGINEERING COMMUNITY TO FULLFILL THESE REQUIREMENTS. THESE EDUCATIONAL OPPORTUNITIES DISCUSS NEW UPDATES IN TECHNOLOGICAL ADVANCES IN ENGINEERING BETTERING THE SAFETY ASPECT OF ENGINEERING FOR THE GENERAL PUBLIC.

Program 2

KENTUCKY ENGINEER MAGAZINE PROVIDES THE OPPORTUNITY TO KEEP THE ENGINEERING PROFESSION UPDATED ON THE LATEST TECHNOLOGY AND PRACTICE STANDARDS AND ENGINEERING NEWS.

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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 $108,401

Program Service Revenue $174,954

Investment Income $0

Other Revenue $22,365

TOTAL REVENUE $305,720

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,760

Fundraising Expenses $0

Other Expenses $164,061

TOTAL EXPENSES $311,821

Year-over-Year Comparison

	2024	2023	Change
Revenue	$305,720	$290,814	+0.1%
Expenses	$311,821	$293,002	+0.1%
Net Income	$-6,101	$-2,188	+1.8%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE BLAIN	PRESIDENT	N/A	Officer	$0	$0	$0
LIZ DIENST	PRESIDENT EL	N/A	Officer	$0	$0	$0
DUSTY BARRETT	PAST PRESIDE	N/A	Officer	$0	$0	$0
RYAN STEVENS	TREASUER	N/A	Officer	$0	$0	$0
STEPHANIE LAUGHLIN	SECRETARY	N/A	Officer	$0	$0	$0
LEN HARPER	DIRECTOR	N/A	Director	$0	$0	$0
TYLER MEANS	DIRECTOR	N/A	Director	$0	$0	$0
CHARLIE DALE	DIRECTOR	N/A	Director	$0	$0	$0
JORDAN BASHAM	DIRECTOR	N/A	Director	$0	$0	$0
DYLAN WARD	DIRECTOR	N/A	Director	$0	$0	$0
KRISTEN CRUMPTON	DIRECTOR	N/A	Director	$0	$0	$0
RUSS ROMINE	EXECUTIVE DI	N/A	Highest	$62,550	$6,860	$131,960
MICHAEL ENDERS	DIRECTOR	N/A	Director	$0	$0	$0
JORDAN HANLEY	DIRECTOR	N/A	Director	$0	$0	$0
PATRICK EGGEMEIER	DIRECTOR	N/A	Director	$0	$0	$0
CHUCK MULLINS	DIRECTOR	N/A	Director	$0	$0	$0
SETH DAWSON	DIRECTOR	N/A	Officer Director	$0	$0	$0
CALEB CLAXTON	DIRECTOR	N/A	Director	$0	$0	$0
COREY BOND	DIRECTOR	N/A	Director	$0	$0	$0
LUKE BOYD	DIRECTOR	N/A	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	$305,720	$311,821	$347,235	$-6,101
2024	$290,814	$293,002	$331,258	$-2,188
2023	$234,034	$231,271	$344,313	$2,763
2022	$285,687	$249,799	$370,496	$35,888
2021	$180,591	$216,908	$324,355	$-36,317
2020	$444,971	$463,186	$306,962	$-18,215
2019	$579,345	$578,930	$335,832	$415

KENTUCKY SOCIETY OF PROFESSIONAL ENGINEERS INC