KENTUCKY SOCIETY OF HEALTH SYSTEM … - Form 990 Financial Data

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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

1986

Legal Domicile

Principal Officer

NICK VACCARO

Phone

5024561851

Tax Period

2025-01-01 to 2025-12-31

KENTUCKY SOCIETY OF HEALTH SYSTEM PHARMACISTS INC, founded in 1986, is a small nonprofit that reported $253K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $39K, a strong 16% operating margin.

Mission

TO CONDUCT MEETINGS AND PROVIDE ADDITIONAL INFORMATION TO PROMOTE THE PROFESSIONAL DEVELOPMENT AND EDUCATION OF ITS' MEMBERS

Program Service Accomplishments

Program 1

THE SPRING AND FALL MEETINGS ARE ANNUAL EDUCATIONAL AND NETWORKING EVENTS WHICH ARE KEY TO THE CONNECTION BETWEEN THE ORGANIZATION AND IT'S MEMBERS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $162,190

Program Service Revenue $64,732

Investment Income $24,548

Other Revenue $1,057

TOTAL REVENUE $252,527

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $213,089

TOTAL EXPENSES $213,089

Year-over-Year Comparison

	2025	2024	Change
Revenue	$252,527	$270,109	-0.1%
Expenses	$213,089	$172,199	+0.2%
Net Income	$39,438	$97,910	-0.6%

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
SOPHIA CARPICO	DIRECTOR	1.00	Director	$0	$0	$0
JORDAN WOOLUM	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL SWOPE	PAST PRESIDENT	1.00	Director	$0	$0	$0
MAGGIE ENGLISH	TREASURER	1.00	Officer Director	$0	$0	$0
MADI HARRIS	DIRECTOR	0.25	Director	$0	$0	$0
ELIZABETH SCHLOSSER	DIRECTOR	0.25	Director	$0	$0	$0
ERIC MARR	DIRECTOR	0.25	Director	$0	$0	$0
EMILY FREDERICK	DIRECTOR	0.25	Director	$0	$0	$0
BRITANY WALLS	DIRECTOR	1.00	Director	$0	$0	$0
GAVIN HOWINGTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
MELISSA NESTOR	DIRECTOR	0.25	Director	$0	$0	$0
BRANDY BROWN	DIRECTOR	0.25	Director	$0	$0	$0
HOPE MANIYAR	DIRECTOR	0.25	Director	$0	$0	$0
BROOKE WATTS	SECRETARY	1.00	Officer Director	$0	$0	$0
STACY TAYLOR	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
NICK VACCARO	ASSOCIATION MANAGER	5.00	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	$252,527	$213,089	$902,057	$39,438
2024	$270,109	$172,199	$831,112	$97,910
2023	$222,169	$150,405	$729,870	$71,764
2022	$221,185	$121,130	$642,163	$100,055
2021	$171,090	$94,657	$634,836	$76,433
2020	$102,923	$91,741	$578,469	$11,182
2019	$196,084	$115,886	$550,070	$80,198

KENTUCKY SOCIETY OF HEALTH SYSTEM PHARMACISTS INC