KENTUCKY VALLEY EDUCATIONAL COOPERATIVE INC (EIN 610729917) - 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

Principal Officer

JERRY GREEN

Phone

6064363161

Tax Period

2024-07-01 to 2025-06-30

KENTUCKY VALLEY EDUCATIONAL COOPERATIVE INC is a community nonprofit in the Education sector that reported $5.0M in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring.

Mission

THE KENTUCKY VALLEY EDUCATIONAL COOPERATIVE (KVEC) IS DEDICATED TO RESHAPING THE EDUCATIONAL NARRATIVE IN APPALACHIAN KENTUCKY ALONG WITH SEVEN OTHER SISTER COOPERATIVES ACROSS THE STATE AND THEIR RESPECTIVE REGIONS. ESTABLISHED IN 1971 AS A NON-PROFIT EDUCATIONAL SERVICE PROVIDER UNDER IRS CODE SECTION 501(C)(3), KVEC ADDRESSES COMMON EDUCATIONAL CHALLENGES BY UNITING SCHOOL DISTRICTS IN EASTERN KENTUCKY. IT SERVES 27 MEMBER DISTRICTS, EACH REPRESENTED BY THEIR SUPERINTENDENT ON KVEC'S BOARD OF DIRECTORS. KVEC IS HOME TO A SPECIAL EDUCATION REGIONAL TECHNICAL ASSISTANCE CENTER (SERTAC), SUPPORTED BY FEDERAL IDEA-B FUNDS AND SERVING AS A REGIONAL ARM TO THE KENTUCKY DEPARTMENT OF EDUCATION, ALONGSIDE VARIOUS OTHER INITIATIVES TARGETING GENERAL EDUCATION IMPROVEMENT. KVEC COLLABORATES WITH NATIONAL AND LOCAL PARTNERS INCLUDING THE KENTUCKY DEPARTMENT OF EDUCATION, MULTIPLE COLLEGES AND UNIVERSITIES, AND THE KENTUCKY ASSOCIATION OF EDUCATIONAL COOPERATIVES, TO ENHANCE EDUCATIONAL OUTCOME

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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 $4,308,466

Program Service Revenue $489,286

Investment Income $183,005

Other Revenue $66,152

TOTAL REVENUE $5,046,909

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,626,648

Fundraising Expenses $0

Program Expenses $4,769,822

Other Expenses $2,709,092

TOTAL EXPENSES $5,335,740

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,046,909	$7,367,024	-0.3%
Expenses	$5,335,740	$6,774,130	-0.2%
Net Income	$-288,831	$592,894	-1.5%

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

$329,480

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY GREEN	EXECUTIVE DI	40.00	Officer	$173,492	$0	$173,492
JOHNNY BELCHER	FINANCE DIRE	40.00	Officer	$155,988	$0	$155,988
BRIAN AUXIER	BOARD MEMBER	5.00	Director	$0	$0	$0
KENNY BELL	BOARD MEMBER	5.00	Director	$0	$0	$0
FREDDIE BOWLING	BOARD MEMBER	5.00	Director	$0	$0	$0
KENT CAMPBELL	BOARD MEMBER	5.00	Director	$0	$0	$0
THOM COCHRAN	BOARD MEMBER	5.00	Director	$0	$0	$0
SONDA COMBS	BOARD MEMBER	5.00	Director	$0	$0	$0
GREG CONN	BOARD MEMBER	5.00	Director	$0	$0	$0
DAVID COX	BOARD MEMBER	5.00	Director	$0	$0	$0
DR PAUL GREEN	BOARD MEMBER	5.00	Director	$0	$0	$0
DR RALPH HAMILTON	BOARD VICE-C	5.00	Officer Director	$0	$0	$0
SEAN HOWARD	BOARD MEMBER	5.00	Director	$0	$0	$0
JAMES CORNETT II	BOARD MEMBER	5.00	Director	$0	$0	$0
LARRY JAMES	BOARD MEMBER	5.00	Director	$0	$0	$0
DAMIAN JOHNSON	BOARD MEMBER	5.00	Director	$0	$0	$0
DR JAMIE JOHNSON	BOARD MEMBER	5.00	Director	$0	$0	$0
CHRIS MEADOWS	BOARD MEMBER	5.00	Director	$0	$0	$0
DENNIS MESSER	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
CHARLES MORTON	BOARD MEMBER	5.00	Director	$0	$0	$0
EARL SHULER	BOARD MEMBER	5.00	Director	$0	$0	$0
WAYNE SIZEMORE	BOARD MEMBER	5.00	Director	$0	$0	$0
TIM SPENCER	BOARD MEMBER	5.00	Director	$0	$0	$0
DAVID TRIMBLE	BOARD MEMBER	5.00	Director	$0	$0	$0
PHILLIP WATTS	BOARD MEMBER	5.00	Director	$0	$0	$0
KATIE WEBB	BOARD MEMBER	5.00	Director	$0	$0	$0
TONYA WILLIAMS	BOARD MEMBER	5.00	Director	$0	$0	$0
BRETT WILSON	BOARD MEMBER	5.00	Director	$0	$0	$0
DENIST YONTS	BOARD MEMBER	5.00	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	$5,046,909	$5,335,740	$5,503,746	$-288,831
2020	$3,860,402	$4,917,297	$5,273,884	$-1,056,895
2020	No data	No data	$6,630,396	No data
2019	$12,855,041	$10,672,896	$6,630,396	$2,182,145
2019	$12,131,100	$9,574,400	$3,297,457	$2,556,700
2018	$12,131,174	$9,766,022	$5,023,135	$2,365,152

KENTUCKY VALLEY EDUCATIONAL COOPERATIVE INC