Civic Intelligence

Southeast Kentucky Regional Training Consortium Inc

EIN 26-3497210 • 501(c)3 • Corbin, KY

Profile

The consortia promotes collaborative training initiatives for companies that have common training needs. It is a partnership between business/industry, education, and government who works together to maximize the effectiveness of the current and future workforce. The training to be provided will be pre-employment skills, skills-upgrade training, and entry-level skills training.

PO Box 1566Corbin, KY 40702

n/a

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

42nd percentile

-1.3%

Higher net margin than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

19th percentile

-52%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

49th percentile

-2.9%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$34,791

Down $82,042 (-70%) from 2018

Liabilities

Down

$17,750

Down $80,350 (-82%) from 2018

Net Assets

Down

$17,041

Down $1,692 (-9.0%) from 2018

Operations
Liabilities / Revenue62nd percentileNet Margin42nd percentile

Revenue

Down

$40,700

Down $59,455 (-59%) from 2018

Expenses

Down

$42,392

Down $56,573 (-57%) from 2018

Net Income

Down

-$1,692

Down $2,882 (-242%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2015: $4,415Liabilities 2015: $1,280Net Assets 2015: $3,1352015Assets 2016: $36,450Liabilities 2016: $33,330Net Assets 2016: $3,1202016Assets 2018: $116,833Liabilities 2018: $98,100Net Assets 2018: $18,7332018Assets 2019: $34,791Liabilities 2019: $17,750Net Assets 2019: $17,0412019

Highlighted filing

2019

Assets$34,791
Liabilities$17,750
Net Assets$17,041
Open 2019 Filing

Operations Trend

Revenue Growth49th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50K-$100KRevenue 2015: $13,860Expenses 2015: $89,835Net Income 2015: -$75,9752015Revenue 2016: $33,330Expenses 2016: $33,345Net Income 2016: -$152016Revenue 2018: $100,155Expenses 2018: $98,965Net Income 2018: $1,1902018Revenue 2019: $40,700Expenses 2019: $42,392Net Income 2019: -$1,6922019

Highlighted filing

2019

Revenue$40,700
Expenses$42,392
Net Income-$1,692
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$34,791
Liabilities
$17,750
Net assets
$17,041
Revenue
$40,700
Expenses
$42,392
Net income
-$1,692
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Summary only. Only limited summary data is available for this year.$0.35$0.18$0.17$0.41$0.42$0.02
2018Summary only. Only limited summary data is available for this year.$1.17$0.98$0.19$1.00$0.99$0.01
2016Summary only. Only limited summary data is available for this year.$0.36$0.33$0.03$0.33$0.33$0.00
2015Summary only. Only limited summary data is available for this year.$0.04$0.01$0.03$0.14$0.90$0.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 1, 2019
Return Version
2018v3.1
Gross Receipts
$40,700
Mission and Program Overview

Mission

The consortia promotes collaborative training initiatives for companies that have common training needs. It is a partnership between business/industry, education, and government which works together to maximize the effectiveness of the current and future workforce. The training to be provided will be pre-employment skills, skills upgrade training, and entry-level skills training.

The consortia promotes collaborative training initiatives for companies that have common training needs. It is a partnership between business/industry, education, and government who works together to maximize the effectiveness of the current and future workforce. The training to be provided will be pre-employment skills, skills-upgrade training, and entry-level skills training.

Program Services

DescriptionGrantsExpenses
The consortia provides collaborative training between a local university and various industries in the area to work toward economic development in the Southeastern Kentucky area.$0$39,008
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Teresa GibbinsDirector-$0--
Colleen ParrishDirector-$0--
Dixie HamlinDirector-$0--
Bruce CarpenterExecutive Director-$0--
Sharon GantDirector-$0--
Simon MortimerDirector-$0--
Darin SteelyDirector-$0--
Richard MackDirector-$0--
Janet WilderDirector-$0--
Russ AsherDirector-$0--
Lisa GarrisonPresident-$0--
Judy FeeVice-President-$0--
Filing and Contact Details

Filer

Filer Name
Southeast Kentucky Regional Training
EIN
26-3497210
Phone
6065286390
Address
PO Box 1566, Corbin, KY 40702

Signing Officer

Name
Bruce Carpenter
Title
Executive Director
Phone
6065286390
Signed
2019-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Marr Miller & Myers PSC
Address
PO Box 663, Corbin, KY 40702
Preparer
Rebecca B Myers
Phone
6065282454
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: EKU - Training. Amount: 6750. Description: Board meeting expense. Amount: 662. Description: Career Pathways Inst- Training. Amount: 34800. Description: Filing fee. Amount: 15. Description: Supplies. Amount: 165. Total to Form 990-EZ, line 16: 42392.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: Accounts receivable. Beg. of Year Amount: 56700. End of Year Amount: 10250.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: Accounts payable. Beg. of Year Amount: 98100. End of Year Amount: 17750.”

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: EKU - Training. Amount: 6750. Description: Board meeting expense. Amount: 662. Description: Career Pathways Inst- Training. Amount: 34800. Description: Filing fee. Amount: 15. Description: Supplies. Amount: 165. Total to Form 990-EZ, line 16: 42392.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02020-03-31 21:24:44Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Bruce Carpenter
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ReturnHeader/FilingSecurityInformation/IPTm008:46:13
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Marr Miller & Myers PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 663
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040702
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0REBECCA B MYERS
ReturnHeader/ReturnTs02019-11-01T07:46:22-05:00
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ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits