KDA LIFTING SPIRITS FOUNDATION INC (EIN 851627113) - 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

2020

Legal Domicile

Principal Officer

ERIC GREGORY

Phone

5028759351

Tax Period

2024-01-01 to 2024-12-31

KDA LIFTING SPIRITS FOUNDATION INC, founded in 2020, is a small nonprofit in the Education sector that reported $259K in total revenue in fiscal year 2024. Revenue surged 1724% from the prior year, signaling strong growth momentum. The organization ran a surplus of $79K, a strong 31% operating margin.

Mission

KDA LIFTING SPIRITS FOUNDATION, INC. WAS ORGANIZED TO SUPPORT EFFORTS TO EDUCATE STUDENTS ABOUT KENTUCKY'S DISTILLED SPIRITS INDUSTRY; PROVIDE SCHOLARSHIPS AND VOCATIONAL EDUCATIONAL WORKFORCE DEVELOPMENT FOR THE DISTILLED SPIRITS INDUSTRY.

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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 $257,758

Program Service Revenue $0

Investment Income $1,020

Other Revenue $0

TOTAL REVENUE $258,778

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $179,295

Other Expenses $179,295

TOTAL EXPENSES $179,295

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,778	$14,187	+17.2%
Expenses	$179,295	$880	+202.7%
Net Income	$79,483	$13,307	+5.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC GREGORY	EXECUTIVE DI	N/A	Officer Director	$0	$0	$0
JESSICA PENDERGRASS	CHAIRMAN	N/A	Officer Director	$0	$0	$0
RJ WHITTINGTON	DIRECTOR	N/A	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
2024	$258,778	$179,295	$299,142	$79,483
2022	$1,886,874	$1,766,813	$206,337	$120,061

KDA LIFTING SPIRITS FOUNDATION INC