THE COMMUNITY RELIEF FUND FOR GLASGOW-BARREN COUNTY INC

EIN: 611224002 501(c)(3) Philanthropy & Grantmaking

GLASGOW, KY

Total Revenue
$470,542
Total Expenses
$360,433
Total Assets
$345,803
Net Assets
$282,794
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
KY
Principal Officer
LARRY GLASS
Phone
2706519006
Tax Period
2022-07-01 to 2023-06-30

THE COMMUNITY RELIEF FUND FOR GLASGOW-BARREN COUNTY INC, founded in 1988, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $471K in total revenue in fiscal year 2022. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $110K, a strong 23% operating margin.

Mission

THE ORGANIZATION PROVIDES RELIEF FOR THE POOR, DISTRESSED, AND OR UNDERPRIVILEGED CITIZENS OF GLASGOW AND BARREN COUNTY, KENTUCKY. THE ORGANIZATION IS SUPPORTED PRIMARILY THROUGH DONOR CONTRIBUTIONS, GRANTS, AND THE UNITED WAY. THE ORGANIZATION PROVIDES: ASSISTANCE FOR CHILDREN UNDER 21 WHO ARE PHYSICALLY AND/OR MENTALLY IMPAIRED WITH CLOTHING, SCHOOL SUPPLIES, FOOD, MEDICAL, HOUSING AND UTILITIES; EDUCATIONAL NEEDS FOR CHILDREN SUCH AS SCHOOL SUPPLIES AND CLOTHING; FOOD (VOUCHERS FOR LOCAL STORES AND ON-SITE FOOD PANTRY); HOUSING (ASSISTANCE FOR RENT, RENT DEPOSITS AND MORTGAGE PAYMENTS); HELP IN PURCHASE OF MAINTENANCE MEDICATIONS; PERSONAL HYGIENE PRODUCTS (SOAP, SHAMPOO, DEODORANT, ETC...); SHELTER (DISASTER, HOMELESS, DOMESTIC VIOLENCE, AND TRANSIENTS); TRANSPORTATION (TRANSIENTS AND MEDICAL); ELECTRICITY AND WATER UTILITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $470,542
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $470,542

Expense Breakdown

Grants Paid $277,488
Salaries & Benefits $55,215
Fundraising Expenses $6,597
Program Expenses $323,972
Other Expenses $27,730
TOTAL EXPENSES $360,433

Year-over-Year Comparison

2022 2021 Change
Revenue $470,542 $258,101 +0.8%
Expenses $360,433 $246,266 +0.5%
Net Income $110,109 $11,835 +8.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
3
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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY GLASS CHAIRMAN 2.00
Officer
$0 $0 $0
SCOTT BASIL VICE CHAIR 2.00
Officer
$0 $0 $0
CHARLES M PADGETT VICE CHAIR 2.00
Officer
$0 $0 $0
SHERI LEE SECRETARY 2.00
Officer
$0 $0 $0
JOHN HARBERT TREASURER 2.00
Officer
$0 $0 $0
JOEL CHILDRESS DIRECTOR 1.00
Director
$0 $0 $0
NICOLE HOUCHENS DIRECTOR 1.00
Director
$0 $0 $0
TAMMY LINDSEY DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE DECKER DIRECTOR 1.00
Director
$0 $0 $0
NEIL THORNBERRY DIRECTOR 1.00
Director
$0 $0 $0
MARNA KIRKPATRICK DIRECTOR 1.00
Director
$0 $0 $0
JAMIE BYRD DIRECTOR 1.00
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
2023 $470,542 $360,433 $345,803 $110,109
2022 $258,101 $246,266 $175,441 $11,835
2021 $265,924 $256,863 $148,148 $9,061
2020 $289,575 $251,232 $136,932 $38,343
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