THE KENTUCKY WOOL FESTIVAL INC OF PENDLETON COUNTY (EIN 611357490) - 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

1999

Legal Domicile

Principal Officer

STEVE THOMAS

Phone

8596545559

Tax Period

2025-01-01 to 2025-12-31

THE KENTUCKY WOOL FESTIVAL INC OF PENDLETON COUNTY, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $388K in total revenue in fiscal year 2025. The organization ran a surplus of $68K, a strong 18% operating margin.

Mission

ANNUAL FESTIVAL PROVIDING WOOL INDUSTRY INFORMATION AND MARKETING OPPORTUNITIES AND PROVIDING FUND RAISING OPPORTUNTIES FOR LOCAL CHARITABLE ORGANIZATIONS.

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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 $0

Program Service Revenue $379,364

Investment Income $8,163

Other Revenue $0

TOTAL REVENUE $387,527

Expense Breakdown

Grants Paid $8,500

Salaries & Benefits $5,175

Fundraising Expenses $0

Program Expenses $319,626

Other Expenses $305,951

TOTAL EXPENSES $319,626

Year-over-Year Comparison

	2025	2024	Change
Revenue	$387,527	$368,551	+0.1%
Expenses	$319,626	$330,150	0.0%
Net Income	$67,901	$38,401	+0.8%

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

$5,175

Total Directors

$5,175

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE THOMAS	PRESIDENT	5.00	Officer Director	$0	$0	$0
DENNIS MONEYHON	TREASURER	5.00	Officer Director	$0	$0	$0
ADAM HALL	SECRETARY	5.00	Officer Director	$0	$0	$0
RICK ADAMS	VICE PRESIDE	5.00	Officer Director	$5,175	$0	$5,175
STEVE TAYLOR	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
TYLER FIGGINS	DIRECTOR	2.00	Director	$0	$0	$0
GARY FIGGINS	DIRECTOR	2.00	Director	$0	$0	$0
RANDY NORDHEIM	DIRECTOR	2.00	Director	$0	$0	$0
RICK HATFIELD	DIRECTOR	2.00	Director	$0	$0	$0
WAYNE LONAKER	DIRECTOR	2.00	Director	$0	$0	$0
JOHN STEELE	DIRECTOR	2.00	Director	$0	$0	$0
KIM BASTIN MEYER	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE HAMILTON	DIRECTOR	2.00	Director	$0	$0	$0
STACY WELLS	DIRECTOR	2.00	Director	$0	$0	$0
BRYAN VEIRS	DIRECTOR	2.00	Director	$0	$0	$0
JOEY VERAX	DIRECTOR	2.00	Director	$0	$0	$0
DEBBIE DENNIE	DIRECTOR	2.00	Director	$0	$0	$0
GREGG DENNISON	DIRECTOR	2.00	Director	$0	$0	$0
TAYLOR PLATT	DIRECTOR	2.00	Director	$0	$0	$0
KELLY THOMAS	DIRECTOR	2.00	Director	$0	$0	$0
ROY MAINS	DIRECTOR	2.00	Director	$0	$0	$0
BRAD THOMAS	DIRECTOR	2.00	Director	$0	$0	$0
RACHAEL WRIGHT	DIRECTOR	2.00	Director	$0	$0	$0
MIKE MOORE	DIRECTOR	2.00	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	$387,527	$319,626	$1,000,121	$67,901
2024	$368,551	$330,150	$929,879	$38,401
2023	$365,807	$360,562	$891,478	$5,245
2022	$351,543	$297,491	$886,233	$54,052
2021	$227,641	$258,271	$832,181	$-30,630
2020	$13,012	$59,053	$862,811	$-46,041
2019	$275,182	$259,255	$945,994	$15,927
2018	$249,549	$237,159	$965,780	$12,390

THE KENTUCKY WOOL FESTIVAL INC OF PENDLETON COUNTY