CORBIN, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOUTHEASTERN KENTUCKY REHABILITATION INDUSTRIES INC, founded in 1971, is a mid-sized nonprofit in the Health Care sector that reported $50.6M in total revenue in fiscal year 2024. The organization ran a surplus of $9.0M, a strong 18% operating margin.
THE SUCCESS OF SOUTHEASTERN KENTUCKY REHABILITATION INDUSTRIES (SEKRI) CAN NOT BE MEASURED IN TERMS OF DOLLARS OF REVENUES OR NUMBERS OF CONTRACTS FILLED. THE TRUE SUCCESS OF SEKRI IS MEASURED IN THE NUMBER OF LIVES POSITIVELY IMPACTED BY THE GROWTH OF THE ORGANIZATION.AS A 501(C)3 NOT-FOR-PROFIT ORGANIZATION, SEKRI'S GOAL IS TO PROVIDE EMPLOYMENT OPPORTUNITIES FOR SIGNIFICANTLY DISABLED INDIVIDUALS IN THE APPALACHIAN REGION OF THE UNITED STATES. LONG RECOGNIZED AS AN AREA THAT LAGS BEHIND THE REST OF THE COUNTRY IN EDUCATION AND EMPLOYMENT, THIS REGION IS POPULATED WITH THOUSANDS OF PERSONS SEEKING A WAY TO IMPROVE THEIR QUALITY OF LIFE. THE CYCLE IS DIFFICULT TO BREAK - EMPLOYERS GENERALLY WILL NOT COME TO AN AREA WHERE THE WORKFORCE IS UNEDUCATED AND UNTRAINED. YET WITHOUT JOBS, THE WORKFORCE CAN DO LITTLE TO DEVELOP THE SKILLS EMPLOYERS ARE LOOKING TO FIND.
SEKRI HAS EXPERIENCED CONSIDERABLE SUCCESS IN SUPPLYING EMPLOYMENT OPPORTUNITIES FOR SIGNIFICANTLY DISABLED INDIVIDUALS THROUGHOUT THE APPALACHIAN REGION. WITH SEVEN FACILITIES LOCATED IN...
SEKRI HAS EXPERIENCED CONSIDERABLE SUCCESS IN SUPPLYING EMPLOYMENT OPPORTUNITIES FOR SIGNIFICANTLY DISABLED INDIVIDUALS THROUGHOUT THE APPALACHIAN REGION. WITH SEVEN FACILITIES LOCATED IN SOUTHEASTERN KENTUCKY AND ONE LOCATED IN NORTHEASTERN TENNESSEE, SEKRI HAS BEEN ABLE TO PROVIDE EMPLOYMENT TO INDIVIDUALS IN ONE OF THE POOREST AREAS OF THE NATION. CHOOSING TO LOCATE IN AN AREA NEGLECTED BY MANY OTHER BUSINESSES, SEKRI HAS PROVIDED MUCH NEEDED ECONOMIC SUPPORT TO THE APPALACHIAN REGION. OPERATING UNDER THE JAVITS-WAGNER-O'DAY ACT AND THE ABILITY ONE PROGRAM, SEKRI ASSURES THAT A MINIMUM OF 75% OF ALL DIRECT LABOR PERFORMED IN ITS FACTORIES IS DONE BY PERSONS WHO ARE CONSIDERED SIGNIFICANTLY DISABLED BY GOVERNMENT STANDARDS. AS A RESULT, SEKRI NOT ONLY PROVIDES GREAT ECONOMIC SUPPORT TO A SEVERELY DEPRESSED AREA, BUT IT TARGETS THOSE MOST IN NEED.THE DEDICATION TO FOCUS ON THE NEEDS OF INDIVIDUALS IN APPALACHIA HAS NOT BEEN THE EASIEST PATH TO FOLLOW. OFTEN, EDUCATION OR CULTURAL DEFICIENCIES HAVE CAUSED THE ORGANIZATION TO RE-ENGINEER, AUTOMATE, OR OTHERWISE MODIFY THE WORK ENVIRONMENT TO ALLOW EMPLOYEES THE OPTIMUM OPPORTUNITY FOR SUCCESS. THESE MODIFICATIONS ARE GENERALLY VERY COSTLY TO IMPLEMENT. HOWEVER, SEKRI'S COMMITMENT TO THE PEOPLE OF THIS REGION HAS RESULTED IN BENEFITS TO THE INDIVIDUALS WHO LIVE IN THE AREA AS WELL AS TO THE REGION AS A WHOLE.SEKRI IS VERY PROUD TO BE ABLE TO REPORT SO MUCH SUCCESS IN ACHIEVING OUR MISSION OF HELPING PEOPLE HELP THEMSELVES. WE ARE EXCITED THAT SO MANY OF OUR EMPLOYEES HAVE THE OPPORTUNITY TO GAIN SELF-RESPECT, DIGNITY, AND JOB SKILLS THROUGH THEIR INVOLVEMENT WITH THE COMPANY.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $50,592,593 | $50,488,036 | +0.0% |
| Expenses | $41,613,914 | $42,707,662 | 0.0% |
| Net Income | $8,978,679 | $7,780,374 | +0.2% |
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 |
|---|---|---|---|---|---|---|
| JAMES E HARRIS | CHAIRMAN | 2.50 |
Director
|
$0 | $0 | $0 |
| JAMES NORVELL | VICE CHAIRMAN | 2.50 |
Director
|
$0 | $0 | $0 |
| RALPH SOULEYRET | DIRECTOR | 2.50 |
Director
|
$0 | $0 | $0 |
| TERRY CENTERS | DIRECTOR | 2.50 |
Director
|
$0 | $0 | $0 |
| ALBEY BROCK | DIRECTOR | 2.50 |
Director
|
$0 | $0 | $0 |
| DEBBIE COOK | DIRECTOR | 2.50 |
Director
|
$0 | $0 | $0 |
| RALPH HALCOMB | DIRECTOR | 2.50 |
Director
|
$0 | $0 | $0 |
| ROBERT L MILLER | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$152,887 | $31,560 | $184,447 |
| BARRY PERRET | DIRECTOR OF MANUFACTURING | 40.00 |
Officer
|
$114,005 | $21,660 | $135,665 |
| AMANDA FARRIS | DIRECTOR OF FINANCE | 40.00 |
Officer
|
$118,621 | $22,051 | $140,672 |
| GREG WILSON | DIRECTOR OF OPERATIONS | 40.00 |
Officer
|
$100,617 | $22,888 | $123,505 |
| STEPHEN M ANDERSON | DIRECTOR OF OUTSIDE SALES | 40.00 |
Highest
|
$126,145 | $1,992 | $128,137 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $50,592,593 | $41,613,914 | $45,814,039 | $8,978,679 |
| 2024 | $50,488,036 | $42,707,662 | $38,078,469 | $7,780,374 |
| 2023 | $39,481,937 | $38,734,120 | $30,034,065 | $747,817 |
| 2022 | $26,543,661 | $29,765,992 | $28,420,684 | $-3,222,331 |
| 2021 | $37,684,643 | $37,548,806 | $31,091,500 | $135,837 |
| 2020 | $53,076,903 | $51,350,139 | $32,370,500 | $1,726,764 |
| 2019 | $59,117,352 | $53,194,770 | $31,492,007 | $5,922,582 |
| 2018 | $55,110,918 | $51,239,719 | $26,476,579 | $3,871,199 |
Compare SOUTHEASTERN KENTUCKY REHABILITATION INDUSTRIES INC with other nonprofits in Kentucky and across the country.