FARMHOUSE FOUNDATION OF KENTUCKY INC (EIN 610926049) - 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

1976

Legal Domicile

Principal Officer

Patrick J Robinson

Phone

8598739868

Tax Period

2021-01-01 to 2021-12-31

FARMHOUSE FOUNDATION OF KENTUCKY INC, founded in 1976, is a micro nonprofit that reported $54K in total revenue in fiscal year 2021. Expenses of $48K left a modest 12% surplus.

Mission

Promote educational support to students attending the University of Kentucky. To accomplish this objective, we support leadership development conferences, training seminars, and improved educational facilities and environment for more than 50 students annually.

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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 (2021)

Revenue Breakdown

Contributions & Grants $34,372

Program Service Revenue $0

Investment Income $19,996

Other Revenue $0

TOTAL REVENUE $54,368

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,836

Other Expenses $32,799

TOTAL EXPENSES $47,799

Year-over-Year Comparison

	2021	2020	Change
Revenue	$54,368	$55,465	0.0%
Expenses	$47,799	$33,474	+0.4%
Net Income	$6,569	$21,991	-0.7%

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

N/A

Volunteers

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
Patrick J Robinson	Chairman	2	Officer Director	$0	$0	$0
Damon Talley	Vice Chairman	1	Officer Director	$0	$0	$0
Casey A Jetton	Treasurer	5	Officer Director	$0	$0	$0
Michael Duckworth	trustee	1	Director	$0	$0	$0
Aaron Haggard	trustee	1	Director	$0	$0	$0
Lee Sisk	Secretary	1	Officer Director	$0	$0	$0
Michael Bach	trustee	1	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
2021	$54,368	$47,799	$240,947	$6,569
2020	$55,465	$33,474	$661,739	$21,991

FARMHOUSE FOUNDATION OF KENTUCKY INC