KNOTT COUNTY REAL PROPERTIES INC

EIN: 853510296 501(c)(3)

HINDMAN, KY

Total Revenue
$334,338
Total Expenses
$664,627
Total Assets
$7,103,734
Net Assets
$304,425
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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
KY
Principal Officer
TAWNY R ACKER
Phone
6064368853
Tax Period
2024-01-01 to 2024-12-31

KNOTT COUNTY REAL PROPERTIES INC, founded in 2020, is a small nonprofit that reported $334K in total revenue in fiscal year 2024. Expenses of $665K exceeded revenue, resulting in a 99% operating deficit.

Mission

KNOTT COUNTY REAL PROPERTIES WAS ORGANIZED TO MANAGE REAL PROPERTY FOR THE BENEFIT OF LKLP COMMUNITY ACTION COUNCIL, INC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $334,338
TOTAL REVENUE $334,338

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $664,627
Other Expenses $664,627
TOTAL EXPENSES $664,627

Year-over-Year Comparison

2024 2023 Change
Revenue $334,338 $334,338 N/A
Expenses $664,627 $387,341 +0.7%
Net Income $-330,289 $-53,003 +5.2%
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

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Governance

Voting Members
3
Independent Members
3
Employees
1
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CORBETT MULLINS BOARD MEMBER 5.00
Director
$0 $0 $0
WALTER NIXON BOARD MEMBER 5.00
Director
$0 $0 $0
DALE RICHARDSON BOARD MEMBER 5.00
Director
$0 $0 $0
TAWNY R ACKER EXECUTIVE DIRECTOR 10.00
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
2024 $334,338 $664,627 $7,103,734 $-330,289
2023 $334,338 $387,341 $7,603,292 $-53,003
2022 $334,338 $383,390 $7,294,522 $-49,052
2021 $139,307 $262,166 $7,603,785 $-122,859
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