KY BROADCASTERS ASSOCIATION INC (EIN 610663764) - Form 990 Financial Analysis & Trantor Score

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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

1946

Legal Domicile

Principal Officer

JULIE MILAM

Phone

5028480426

Tax Period

2024-12-01 to 2025-11-30

KY BROADCASTERS ASSOCIATION INC, founded in 1946, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024.

Mission

THE KENTUCKY BROADCASTERS ASSOCIATION (KBA) UNITES PUBLIC AND COMMERCIAL RADIO AND TELEVISION STATIONS ACROSS THE STATE OF KENTUCKY. THE PURPOSE OF THE KBA IS TO REPRESENT AND FURTHER THE INTEREST OF BROADCASTERS, COMMUNICATE RELEVANT INFORMATION TO BROADCASTERS THROUGH MEETINGS AND WORKSHOPS, WEBINAR TRAINING SESSIONS, OR OTHER APPROPRIATE MEANS IN ORDER TO BETTER SERVE THE PUBLIC. ADDITIONALLY, THE ASSOCIATION SERVES AS A CONDUIT IN PROVIDING PUBLIC SERVICE ANNOUNCEMENTS COVERING A RANGE OF TOPICS INCLUDING PUBLIC SAFETY, PUBLIC HEALTH, AND HIGHER 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,850

Program Service Revenue $1,559,178

Investment Income $14,488

Other Revenue $66,519

TOTAL REVENUE $1,660,035

Expense Breakdown

Grants Paid $45,500

Salaries & Benefits $558,216

Fundraising Expenses $0

Other Expenses $1,219,936

TOTAL EXPENSES $1,823,652

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,660,035	$1,600,853	+0.0%
Expenses	$1,823,652	$1,917,492	0.0%
Net Income	$-163,617	$-316,639	-0.5%

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

$296,408

Total Directors

$18,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS WINKLE	PRESIDENT/CE	40.00	Officer	$179,053	$26,753	$205,806
MIKE TARTER	VICE PRESIDE	N/A	Officer	$78,784	$11,818	$90,602
CHARLIE BAGLAN	ASSOCIATE DI	N/A	Director	$1,400	$0	$1,400
JORDAN BASHAM	PUBLIC RADIO	N/A	Director	$1,400	$0	$1,400
MARK BUCKLES	DIRECTOR AT	N/A	Director	$1,400	$0	$1,400
BETH MANN	DIRECTOR AT-	N/A	Director	$1,400	$0	$1,400
LYNN MARTIN	RADIO DISTRI	N/A	Director	$1,400	$0	$1,400
JULIE MILAM	CHAIRMAN	N/A	Director	$1,400	$0	$1,400
ETHAN MOORE	RADIO DISTRI	N/A	Director	$1,400	$0	$1,400
JOHN O'BRIEN	TELEVISION L	N/A	Director	$1,400	$0	$1,400
KEN SELVAGGI	CHAIR-ELECT	N/A	Director	$1,400	$0	$1,400
TIM COLES	TELEVISION O	N/A	Director	$1,050	$0	$1,050
TOM MCMAKIN	RADIO	N/A	Director	$1,050	$0	$1,050
CHRIS MOSSMAN	TELEVISION L	N/A	Director	$1,050	$0	$1,050
RANDY THOMPSON	RADIO DISTRI	N/A	Director	$1,050	$0	$1,050
KELLY WALLINGFORD	RADIO DISTRI	N/A	Director	$1,050	$0	$1,050
JEFF ANDERSON	PAST CHAIR	N/A	Director	$350	$0	$350
JIM MOORE	RADIO DISTRI	N/A	Director	$350	$0	$350
ED HENSON	RADIO DISTRI	N/A	Director	$0	$0	$0
JEFF HOOVER	RADIO DISTRI	N/A	Director	$0	$0	$0
JULIE SCHMIDT	PUBLIC TELEV	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	$1,660,035	$1,823,652	$1,534,057	$-163,617
2024	$1,600,853	$1,917,492	$1,505,088	$-316,639
2023	$1,389,695	$1,519,811	$1,810,422	$-130,116
2022	$1,052,426	$1,689,696	$1,618,428	$-637,270
2021	$1,180,987	$1,043,660	$2,277,987	$137,327
2020	$1,297,590	$996,768	$2,323,170	$300,822
2019	$1,439,581	$1,596,474	$1,927,330	$-156,893

KY BROADCASTERS ASSOCIATION INC