KENTUCKY ASSOCIATION OF NURSE PRAC… - 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

2017

Legal Domicile

Principal Officer

JUDI KURIC

Phone

5022354676

Tax Period

2024-01-01 to 2024-12-31

KENTUCKY ASSOCIATION OF NURSE PRACTITIONERS AND NURSE MIDWIVES INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $501K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

TO ENGAGE IN THE PROMOTION OF SOCIAL WELFARE BY DEVELOPING AND ADVOCATING FOR LEGISLATION, REGULATIONS, GOVERNMENT PROGRAMS AND OTHER POLICIES THAT FURTHER THE INTERESTS OF APRNS WHO ARE LICENSED TO PRACTICE IN KENTUCKY, AND TO PROVIDE CAREER ADVANCEMENT SERVICES FOR APRNS WHO ARE LICENSED TO PRACTICE IN KENTUCKY.

Program Service Accomplishments

Program 1

PROVIDED EDUCATION, RESEARCH, AND SCHOLARSHIPS FOR MEMBERS. ADVOCATED FOR THE REMOVAL OF STATUTORY BARRIERS IN REGARDS TO APRNS PRACTICING TO THE FULL EXTENT OF THEIR EDUCATION AND TRAINING...

PROVIDED EDUCATION, RESEARCH, AND SCHOLARSHIPS FOR MEMBERS. ADVOCATED FOR THE REMOVAL OF STATUTORY BARRIERS IN REGARDS TO APRNS PRACTICING TO THE FULL EXTENT OF THEIR EDUCATION AND TRAINING, PROVIDING MUCH NEEDED HEALTHCARE ACCESS TO KENTUCKY RESIDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $143,880

Program Service Revenue $335,487

Investment Income $19,241

Other Revenue $2,194

TOTAL REVENUE $500,802

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,252

Fundraising Expenses $0

Other Expenses $333,745

TOTAL EXPENSES $548,997

Year-over-Year Comparison

	2024	2023	Change
Revenue	$500,802	$571,701	-0.1%
Expenses	$548,997	$551,141	0.0%
Net Income	$-48,195	$20,560	-3.3%

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

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

$153,205

Total Directors

$41,712

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANESSA HOLMAN	SECRETARY	0.50	Officer Director	$0	$0	$0
ANGIE JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
DOLORES POLITO	DIRECTOR	0.50	Director	$0	$0	$0
JUDI KURIC	PRESIDENT	1.00	Officer Director	$40,212	$0	$40,212
KAREN TURNER	DIRECTOR	0.50	Director	$0	$0	$0
KATHLEEN HALCOMB	DIRECTOR	0.50	Director	$0	$0	$0
KATHY NOYES	TREASURER	0.50	Officer Director	$1,500	$0	$1,500
KEELIE TILLET	DIRECTOR	0.50	Director	$0	$0	$0
KRISTA ROACH	DIRECTOR	0.50	Director	$0	$0	$0
LESLIE TAYLOR	DIRECTOR	0.50	Director	$0	$0	$0
SARA ROBERTSON	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
SCOTTY COMBS	DIRECTOR	0.50	Director	$0	$0	$0
ELIZABETH PARTIN	IMMEDIATE PAST PRESIDENT	0.50	Officer Director	$0	$0	$0
JILL YORK	EXECUTIVE DIRECTOR	40.00	Officer	$102,679	$8,814	$111,493

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
2024	$500,802	$548,997	$505,744	$-48,195
2023	$571,701	$551,141	$559,485	$20,560
2022	$498,454	$565,248	$534,065	$-66,794
2021	$594,865	$567,622	$602,927	$27,243
2020	$957,473	$434,088	$576,492	$523,385
2019	$294,777	$277,868	$50,649	$16,909

KENTUCKY ASSOCIATION OF NURSE PRACTITIONERS AND NURSE MIDWIVES INC