GREATER LOUISVILLE FOUNDATION INC

EIN: 611131064 501(c)(3) Community Improvement

LOUISVILLE, KY

Total Revenue
$101,364
Total Expenses
$149,731
Total Assets
$82,329
Net Assets
$6,979
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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
1987
Legal Domicile
KY
Principal Officer
LANCE MANN
Phone
5026250000
Tax Period
2025-01-01 to 2025-12-31

GREATER LOUISVILLE FOUNDATION INC, founded in 1987, is a small nonprofit in the Community Improvement sector that reported $101K in total revenue in fiscal year 2025. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $150K exceeded revenue, resulting in a 48% operating deficit.

Mission

IDENTIFY, MOBILIZE, AND FUND PROGRAMS TO ADDRESS LOUISVILLE'S GREATEST CHALLENGES REGARDING BUSINESS GROWTH AND INCREASED ECONOMIC PROSPERITY FOR ALL CITIZENS IN THE GREATER LOUISVILLE REGION.

Program Service Accomplishments

Program 1
Expenses: $113,165

SUPPORT PROGRAMS AND SERVICES THAT CONTRIBUTE TO THE PROSPERITY OF OUR ENTIRE COMMUNITY, INCLUDING EDUCATION, ECONOMIC DEVELOPMENT, JOB CREATION AND ENTREPRENEURIAL AND SMALL BUSINESS DEVELOPMENT.

Program 2

SUPPORT EXPORT DEVELOPMENT ACTIVITIES OF SMALL AND MEDIUM SIZE COMPANIES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $101,350
Program Service Revenue $0
Investment Income $14
Other Revenue $0
TOTAL REVENUE $101,364

Expense Breakdown

Grants Paid $101,050
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $113,165
Other Expenses $48,681
TOTAL EXPENSES $149,731

Year-over-Year Comparison

2025 2024 Change
Revenue $101,364 $363,497 -0.7%
Expenses $149,731 $424,217 -0.6%
Net Income $-48,367 $-60,720 -0.2%
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

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
40

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
4
$484,507
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CONDRAD DANIELS BOARD MEMBER 1.00
Director
$0 $0 $0
MAGGIE HARLOW BOARD MEMBER 1.00
Director
$0 $0 $0
JILL HORN BOARD MEMBER 1.00
Director
$0 $0 $0
CARLOS SANCHEZ BOARD MEMBER 1.00
Director
$0 $0 $0
AMY LUTTRELL BOARD MEMBER 1.00
Director
$0 $0 $0
TIM ROBINSON BOARD MEMBER 1.00
Director
$0 $0 $0
CAMILLA SCHROEDER BOARD MEMBER 1.00
Director
$0 $0 $0
CORENZA TOWNSEND BOARD MEMBER 1.00
Director
$0 $0 $0
RUSSELL COX BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH DAVASHER-WISDOM PRESIDENT/CEO 4.00
Officer
$0 $27,118 $484,507
JIM ALLEN SECRETARY 1.00
Officer
$0 $0 $0
JA HILLEBRAND TREASURER 1.00
Officer
$0 $0 $0
ROCKI ROCKINGHAM CHAIR 1.00
Officer
$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 $101,364 $149,731 $82,329 $-48,367
2024 No data No data No data No data
2023 $288,393 $247,493 $657,181 $40,900
2022 $144,273 $179,214 $81,531 $-34,941
2021 $503,462 $437,645 $231,253 $65,817
2020 $538,938 $552,982 $184,189 $-14,044
2019 $728,353 $774,642 $296,498 $-46,289
2018 $547,496 $587,962 $149,790 $-40,466
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