LOUISVILLE, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC, founded in 1961, is a small nonprofit in the Education sector that reported $264K in total revenue in fiscal year 2023. Revenue surged 120% from the prior year, signaling strong growth momentum. The organization ran a surplus of $179K, a strong 68% operating margin.
THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS (EDUCATIONAL FOUNDATION), FOUNDED IN 1961, IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ENHANCING THE NUMBER OF COLLEGE DEGREES IN KENTUCKY, EXPANDING THE PIPELINE OF FINANCIAL PROFESSIONALS IN THE BUSINESS MARKETPLACE, IMPROVING THE FINANCIAL LITERACY OF KENTUCKY'S YOUTH AND REVEALING TO STUDENTS THE BOUNDLESS CAREER OPPORTUNITIES OPEN TO THOSE WHO PURSUE AN ACCOUNTING DEGREE.
THE FOUNDATION SUPPORTS A CPA FIRM AT JUNIOR ACHIEVEMENT BIZTOWN IN LOUISVILLE AND IN LEXINGTON. JA BIZTOWN COMBINES IN-CLASS LEARNING WITH HANDS ON LEARNING AT BIZTOWN. THROUGH THE EFFORTS OF THE...
THE FOUNDATION SUPPORTS A CPA FIRM AT JUNIOR ACHIEVEMENT BIZTOWN IN LOUISVILLE AND IN LEXINGTON. JA BIZTOWN COMBINES IN-CLASS LEARNING WITH HANDS ON LEARNING AT BIZTOWN. THROUGH THE EFFORTS OF THE FOUNDATION, JA NOW INCLUDES A CPA IN EACH OF THE OTHER STORE FRONTS AT BIZTOWN. THESE EFFORTS EXPOSE APPROXIMATELY 28,000 5TH GRADERS EACH YEAR TO THE ACCOUNTING PROFESSION.THE FOUNDATION PROVIDES SCHOLARSHIPS TO COLLEGE STUDENTS WHO ARE PURSUING A DEGREE IN ACCOUNTING. THESE SCHOLARSHIPS ARE AWARDED AFTER A COMPREHENSIVE APPLICATION PROCESS AND REVIEW. DURING THE 2022-23 FISCAL YEAR, THE FOUNDATION AWARDED 52 SCHOLARSHIPS FOR A TOTAL OF $60,500. THE FOUNDATION CURRENTLY HAS 28 NAMED SCHOLARSHIPS WHICH REQUIRE A $50,000 PLEDGE. EXTENSIVE FUNDRAISING EFFORTS ALLOW THE FOUNDATION TO SUPPORT THE CPA FIRM AT BOTH THE LOUISVILLE AND LEXINGTON BIZTOWNS AND PROVIDE THE SCHOLARSHIPS. WE HAVE BEEN SUCCESSFUL BECAUSE OF THE OVERWHELMING SUPPORT FROM THE CPA COMMUNITY. THEIR CONTRIBUTIONS HAVE ALLOWED THE FOUNDATION TO CONTINUE PROGRAMS AT THE GRADE SCHOOL, HIGH SCHOOL AND COLLEGE LEVEL. WE UNDERSTAND THAT EVERYONE INCLUDING PUBLIC PRACTICE FIRMS AND INDUSTRY ARE DEALING WITH THE ISSUE OF A SHORTAGE IN TALENT. OUR GOAL IS TO CREATE A PIPELINE OF TALENTED CPAS. THE CONTINUED VIABILITY AND SUSTAINABILITY OF MANY ORGANIZATONS IS DEPENDENT UPON THE DEVELOPMENT OF THIS PIPELINE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $264,194 | $119,856 | +1.2% |
| Expenses | $84,861 | $88,493 | 0.0% |
| Net Income | $179,333 | $31,363 | +4.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROBIN G TEETERS | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LORI F DEARFIELD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| J ADAM HANCOCK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DARLENE ZIBART | CEO | 2.00 |
Officer
Director
|
$0 | $18,726 | $235,408 |
| LORI L ELAM | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SHELBY N LEE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MELISSA C MATTOX | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES B STEVISON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN J JOYNT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH Z WOODWARD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $264,194 | $84,861 | $2,195,808 | $179,333 |
| 2023 | $119,856 | $88,493 | $1,906,157 | $31,363 |
| 2022 | $140,131 | $80,754 | $1,717,286 | $59,377 |
| 2021 | $201,784 | $88,798 | $1,989,263 | $112,986 |
| 2020 | $114,140 | $107,537 | $1,583,855 | $6,603 |
| 2019 | $111,585 | $99,610 | $1,569,477 | $11,975 |
Compare THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC with other nonprofits in Kentucky and across the country.