Civic Intelligence

Kentucky Society for Technology in Education

990 • Fiscal year 2019 • EIN 20-8996564

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 26, 2019

PO Box 245Waco, KY 40385

(859) 314-2553

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.14x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

73rd percentile

0.15x

Higher debt load relative to revenue than 73% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

75th percentile

19%

Higher net margin than 75% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

87th percentile

44%

Faster asset growth than 87% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

45th percentile

1.8%

Faster revenue growth than 45% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$557,968

Up $170,894 (+44%) from 2018

Net Assets

Up

$481,991

Up $95,603 (+25%) from 2018

Liabilities

Up

$75,977

Up $75,291 (+10975%) from 2018

Revenue

Up

$508,310

Up $8,824 (+1.8%) from 2018

Expenses

Down

$412,707

Down $8,463 (-2.0%) from 2018

Net Income

Up

$95,603

Up $17,287 (+22%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0-$200KAssets 2011: $140,041Liabilities 2011: $0Net Assets 2011: $140,0412011Assets 2012: $184,682Liabilities 2012: $0Net Assets 2012: $184,6822012Assets 2013: $297,406Liabilities 2013: $4,060Net Assets 2013: $293,3462013Assets 2014: $410,372Liabilities 2014: $1,400Net Assets 2014: $408,9722014Assets 2015: $394,991Liabilities 2015: $85,339Net Assets 2015: $309,6522015Assets 2016: $425,425Liabilities 2016: $118,755Net Assets 2016: $306,6702016Assets 2017: $310,071Liabilities 2017: $1,999Net Assets 2017: $308,0722017Assets 2018: $387,074Liabilities 2018: $686Net Assets 2018: $386,3882018Assets 2019: $557,968Liabilities 2019: $75,977Net Assets 2019: $481,9912019Assets 2020: $651,848Liabilities 2020: $52,712Net Assets 2020: $599,1362020Assets 2021: $570,668Liabilities 2021: $28Net Assets 2021: $570,6402021Assets 2022: $557,170Liabilities 2022: -$13,773Net Assets 2022: $570,9432022Assets 2023: $672,853Liabilities 2023: -$17,876Net Assets 2023: $690,7292023

Highlighted filing

2019

Assets$557,968
Liabilities$75,977
Net Assets$481,991

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $316,634Expenses 2011: $292,324Net Income 2011: $24,3102011Revenue 2012: $332,543Expenses 2012: $268,050Net Income 2012: $64,4932012Revenue 2013: $408,834Expenses 2013: $311,290Net Income 2013: $97,5442013Revenue 2014: $478,008Expenses 2014: $361,329Net Income 2014: $116,6792014Revenue 2015: $401,781Expenses 2015: $501,101Net Income 2015: -$99,3202015Revenue 2016: $404,674Expenses 2016: $407,656Net Income 2016: -$2,9822016Revenue 2017: $389,930Expenses 2017: $293,493Net Income 2017: $96,4372017Revenue 2018: $499,486Expenses 2018: $421,170Net Income 2018: $78,3162018Revenue 2019: $508,310Expenses 2019: $412,707Net Income 2019: $95,6032019Revenue 2020: $467,675Expenses 2020: $350,530Net Income 2020: $117,1452020Revenue 2021: $125,670Expenses 2021: $207,115Net Income 2021: -$81,4452021Revenue 2022: $506,791Expenses 2022: $506,488Net Income 2022: $3032022Revenue 2023: $721,221Expenses 2023: $601,435Net Income 2023: $119,7862023

Highlighted filing

2019

Revenue$508,310
Expenses$412,707
Net Income$95,603
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 26, 2019
Return Version
2018v3.1
Gross Receipts
$508,310
Mission and Program Overview

Mission

Kentucky society for technology in education inc has as its mission to help kentucky schools improve education by using technology

Kentcukcy society for technology in education inc has as its mission to help kentucky schools improve education by using technology

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$240,957$340,098▲ $99,141
Savings and Temporary Cash Investments$146,117$217,870▲ $71,753
Total Assets$387,074$557,968▲ $170,894
Liabilities
Accounts Payable and Accrued Expenses$686$75,977▲ $75,291
Total Liabilities$686$75,977▲ $75,291
Net Assets / Fund Balance
Unrestricted Net Assets$386,388$481,991▲ $95,603
Total Net Assets Fund Balance$386,388$481,991▲ $95,603
Total Liabilities and Net Assets / Fund Balance$387,074$557,968▲ $170,894
Compensation and Service Providers

Board Members and Trustees

NameTitle
Greta CastoPast President
Matthew ConstantPresident
Brandon BlackburnVice President
Lorena WebbExecutive Director
Nikkoi BauerCommunications Officer
Mary Ann RankinIste Liason
David LucasKy State Outreach
Diana McgheeParlimentarian
Michael BoydRegion 1 Rep
Robby ForsytheRegion 2 Rep
Sharis LattimoreRegion 3 Rep
Cindy JohannRegion 4 Rep
Jimmy PackRegion 5 Rep
Jacob CecilRegion 6 Rep
Andrew ConyersRegion 7 Rep
Jeef CootsRegion 8 Rep
Amy JohnsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$10,229
Program Service Revenue
$496,990
Investment Income
$1,091
Other Revenue
$0
Change in Net Assets
$95,603
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$373,168
Grants and Similar Amounts Paid$39,539
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$304,958--$304,958
Grants to Domestic Orgs$39,539--$39,539
Fees for Services Management-$25,633-$25,633
Advertising-$22,736-$22,736
Office Expenses-$8,711-$8,711
Insurance-$4,094-$4,094
Fees for Services Accounting-$4,018-$4,018
Fees for Services Other-$3,018-$3,018
Total Functional Expenses$344,497$68,210$0$412,707
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bourbon Co School DistParis, KY--$9,986
Dayton IndependentDayton, KY--$9,984
Owsley Co Board of EdBooneville, KY--$9,975
Fleming Co School DistFlemingsburg, KY--$9,344
Seneca High SchoolLouisville, KY--$250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6

The organization has members who elect board representatives from the various regions

Form 990, Part VI, Line 7A

The organization has members who elect board representatives from the various regions

Form 990, Part VI, Line 11

The board reviews and distributes the 990 to all the members at the monthly board meeting following its completion

Form 990, Part VI, Line 12C

The conflict of interest policy is reviewed annually at the spring retreat with current and incoming board members

Form 990, Part VI, Line 15A

The board of directors determines the executive directors compensation. The executive director is under a one year contract and an independent contractor. The contract is reviewed and voted on annually at the spring retreat

Form 990, Part VI, Line 19

The organizations governing documents, conflict of interest policy and financial statments are available to the public upon request to the appropriate individules

Filing and Contact Details

Filer

Filer Name
Kentucky Society for Technology inEducation
EIN
20-8996564
Phone
8593142553
Address
PO Box 245, Waco, KY 40385

Signing Officer

Name
Lorena Wbb
Title
Director
Signed
2019-11-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lorena Webb
Formed
1997
Legal Domicile
Ky
Voting Board Members
17
Independent Board Members
17
Employees
0

Preparer

Firm
KL Harper PLLC
Address
2130 Lexington Rd, Richmond, KY 40475
Preparer
Kandi L Harper
Phone
8596231127
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IRS990/Form990PartVIISectionAGrp/TitleTxt7REGION 7 REP
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10COMMUNICATIONS OFFICER
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IRS990/Form990PartVIISectionAGrp/TitleTxt14REGION 5 REP
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2OWSLEY CO BOARD OF ED
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4SENECA HIGH SCHOOL
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$6.73$0.18$6.91$7.21$6.01$1.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.57$0.14$5.71$5.07$5.06$0.00
2021Summary only. Only limited summary data is available for this year.$5.71$0.00$5.71$1.26$2.07$0.81
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.52$0.53$5.99$4.68$3.51$1.17
2019Detailed filing. Detailed filing data is available for this year.$5.58$0.76$4.82$5.08$4.13$0.96
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.87$0.01$3.86$4.99$4.21$0.78
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.10$0.02$3.08$3.90$2.93$0.96
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.25$1.19$3.07$4.05$4.08$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.95$0.85$3.10$4.02$5.01$0.99
2014Detailed filing. Detailed filing data is available for this year.$4.10$0.01$4.09$4.78$3.61$1.17
2013Summary only. Only limited summary data is available for this year.$2.97$0.04$2.93$4.09$3.11$0.98
2012Summary only. Only limited summary data is available for this year.$1.85$0.00$1.85$3.33$2.68$0.64
2011Summary only. Only limited summary data is available for this year.$1.40$0.00$1.40$3.17$2.92$0.24
Peer Organizations

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