Civic Intelligence

Leslie Knott Letcher Perry Counties Head Start Program Incorporated

990 • Fiscal year 2017 • EIN 31-0889573

Jun 01, 2016 to May 31, 2017 • Filed on Feb 13, 2018

165 Carr Creek Hill RoadRed Fox, KY 41847

(606) 436-8853

Siviq Scores

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

Liabilities / Assets

57th percentile

0.23x

Higher debt load relative to assets than 57% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

25th percentile

0.06x

Higher debt load relative to revenue than 25% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

46th percentile

1.9%

Higher net margin than 46% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

25th percentile

$59,399

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

2nd percentile

-37%

Faster asset growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

42nd percentile

2.0%

Faster revenue growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,560,008

Down $904,166 (-37%) from 2016

Net Assets

Down

$1,208,398

Down $492,693 (-29%) from 2016

Liabilities

Down

$351,610

Down $411,473 (-54%) from 2016

Revenue

Up

$6,282,944

Up $123,475 (+2.0%) from 2016

Expenses

Down

$6,164,947

Down $25,819 (-0.4%) from 2016

Net Income

Up

$117,997

Up $149,294 (+477%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,832,945Liabilities 2010: $28,849Net Assets 2010: $1,804,0962010Assets 2011: $2,017,644Liabilities 2011: $224,083Net Assets 2011: $1,793,5612011Assets 2012: $1,851,118Liabilities 2012: $19,616Net Assets 2012: $1,831,5022012Assets 2013: $1,850,907Liabilities 2013: $13,198Net Assets 2013: $1,837,7092013Assets 2014: $2,007,475Liabilities 2014: $198,720Net Assets 2014: $1,808,7552014Assets 2015: $2,279,281Liabilities 2015: $546,893Net Assets 2015: $1,732,3882015Assets 2016: $2,464,174Liabilities 2016: $763,083Net Assets 2016: $1,701,0912016Assets 2017: $1,560,008Liabilities 2017: $351,610Net Assets 2017: $1,208,3982017Assets 2018: $2,345,614Liabilities 2018: $822,692Net Assets 2018: $1,522,9222018Assets 2019: $2,702,240Liabilities 2019: $972,928Net Assets 2019: $1,729,3122019Assets 2020: $2,636,180Liabilities 2020: $1,059,020Net Assets 2020: $1,577,1602020Assets 2021: $3,067,464Liabilities 2021: $964,733Net Assets 2021: $2,102,7312021Assets 2022: $4,453,305Liabilities 2022: $777,356Net Assets 2022: $3,675,9492022Assets 2023: $3,995,841Liabilities 2023: $972,253Net Assets 2023: $3,023,5882023Assets 2024: $3,108,776Liabilities 2024: $1,634,627Net Assets 2024: $1,474,1492024

Highlighted filing

2017

Assets$1,560,008
Liabilities$351,610
Net Assets$1,208,398

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $5,637,7502010Expenses 2011: $6,480,5242011Expenses 2012: $5,937,1652012Expenses 2013: $6,354,8842013Revenue 2014: $5,649,414Expenses 2014: $5,678,368Net Income 2014: -$28,9542014Revenue 2015: $6,039,477Expenses 2015: $6,115,844Net Income 2015: -$76,3672015Revenue 2016: $6,159,469Expenses 2016: $6,190,766Net Income 2016: -$31,2972016Revenue 2017: $6,282,944Expenses 2017: $6,164,947Net Income 2017: $117,9972017Revenue 2018: $6,904,007Expenses 2018: $6,589,483Net Income 2018: $314,5242018Revenue 2019: $7,308,113Expenses 2019: $7,101,723Net Income 2019: $206,3902019Revenue 2020: $7,299,252Expenses 2020: $7,451,404Net Income 2020: -$152,1522020Revenue 2021: $8,849,091Expenses 2021: $8,323,520Net Income 2021: $525,5712021Revenue 2022: $9,539,093Expenses 2022: $7,965,875Net Income 2022: $1,573,2182022Revenue 2023: $8,748,861Expenses 2023: $9,401,222Net Income 2023: -$652,3612023Revenue 2024: $8,072,866Expenses 2024: $9,622,305Net Income 2024: -$1,549,4392024

Highlighted filing

2017

Revenue$6,282,944
Expenses$6,164,947
Net Income$117,997
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Feb 13, 2018
Return Version
2016v3.0
Gross Receipts
$6,282,944
Mission and Program Overview

Mission

Early childhood development

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,842,500$1,056,472▼ $786,028
Pledges and Grants Receivable$433,688$338,859▼ $94,829
Cash and Non-Interest-Bearing Accounts$187,986$164,677▼ $23,309
Total Assets$2,464,174$1,560,008▼ $904,166
Liabilities
Accounts Payable and Accrued Expenses$763,083$351,610▼ $411,473
Total Liabilities$763,083$351,610▼ $411,473
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$879,545-
Unrestricted Net Assets$1,701,091$328,853▼ $1,372,238
Total Net Assets Fund Balance$1,701,091$1,208,398▼ $492,693
Total Liabilities and Net Assets / Fund Balance$2,464,174$1,560,008▼ $904,166

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$765,506$1,824,978$2,590,484
Buildings$290,966-$290,966
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
H Renee SextonDirectorFT$55,820$3,579$59,399

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Blue Grass InternationalVehicle Purchases101 TRIPOT CIRCLE, Georgetown, KY 40324$443,540
Revenue and Support

Revenue Composition

Contributions and Grants
$6,237,382
Program Service Revenue
$15,834
Investment Income
$29,728
Other Revenue
$0
Change in Net Assets
$117,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,307,403
Other Expenses$1,857,544
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,938,360--$2,938,360
Other Employee Benefits$1,369,043--$1,369,043
All Other Expenses$285,982--$285,982
Insurance$170,287--$170,287
Depreciation Depletion$122,748--$122,748
Travel$113,294--$113,294
Other Expenses$108,173$368,298-$108,173
Occupancy$51,460--$51,460
Office Expenses$43,203--$43,203
Fees for Services Accounting$9,000--$9,000
Fees for Services Management$2,760--$2,760
Total Functional Expenses$5,796,649$368,298$0$6,164,947
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
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The head start director reviews the form 990 before signing and filing.

Form 990, Part VI, Section B, Line 15

Written evaluation system

Form 990, Part VI, Section C, Line 19

All documents are available and open for review upon request.

Filing and Contact Details

Filer

Filer Name
Leslie Knott Letcher Perry
EIN
31-0889573
Phone
6064368853
Address
165 CARR CREEK HILL ROAD, RED FOX, KY 41847

Signing Officer

Name
H Renee Sexton
Title
Director
Phone
6064368853
Signed
2018-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
H Renee Sexton
Formed
1966
Legal Domicile
Ky
Voting Board Members
25
Independent Board Members
25
Employees
165
Volunteers
1,021

Preparer

Firm
Rfh Pllc
Address
300 WEST VINE STREET STE 800, LEXINGTON, KY 40507-1812
Preparer
Bradley J Hayes CPA
Phone
8592311800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Restatement for capital assets -610,690.

Raw XML AppendixShowing 400 of 528 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01966
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt029395
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GovernmentGrantsAmt06237382
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt029395
IRS990/GrossReceiptsAmt06282944
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0170287
IRS990/InsuranceGrp/TotalAmt0170287
IRS990/InvestmentIncomeGrp/ExclusionAmt0333
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0333
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01824978
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01842500
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01056472
IRS990/LandBldgEquipCostOrOtherBssAmt02881450
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EARLY CHILDHOOD DEVELOPMENT
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01701091
IRS990/NetAssetsOrFundBalancesEOYAmt01208398
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt029395
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt029395
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt051460
IRS990/OccupancyGrp/TotalAmt051460
IRS990/OfficeExpensesGrp/ProgramServicesAmt043203
IRS990/OfficeExpensesGrp/TotalAmt043203
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-610690
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01369043
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01369043
IRS990/OtherExpensesGrp/Desc0INDIRECT COSTS
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0368298
IRS990/OtherExpensesGrp/ProgramServicesAmt0349400
IRS990/OtherExpensesGrp/ProgramServicesAmt1232939
IRS990/OtherExpensesGrp/ProgramServicesAmt2108173
IRS990/OtherExpensesGrp/TotalAmt0368298
IRS990/OtherExpensesGrp/TotalAmt1349400
IRS990/OtherExpensesGrp/TotalAmt2232939
IRS990/OtherExpensesGrp/TotalAmt3108173
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02938360
IRS990/OtherSalariesAndWagesGrp/TotalAmt02938360
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0433688
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0338859
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0H RENEE SEXTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015834
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015834
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06159175
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0294
IRS990/PYOtherExpensesAmt02026121
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-31297
IRS990/PYSalariesCompEmpBnftPaidAmt04164645
IRS990/PYTotalExpensesAmt06190766
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06159469
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0117997
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt045229
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0290966
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0290966
IRS990ScheduleD/EquipmentGrp/BookValueAmt0765506
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01824978
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02590484
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01056472
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ASSURANCES ARE PUBLISHED IN LOCAL RADIO AND NEWSPAPER ADS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES VARIOUS FEDERAL GRANTS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HEAD START DIRECTOR REVIEWS THE FORM 990 BEFORE SIGNING AND FILING.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.11$1.63$1.47$8.07$9.62$1.55
2023Detailed filing. Detailed filing data is available for this year.$4.00$0.97$3.02$8.75$9.40$0.65
2022Detailed filing. Detailed filing data is available for this year.$4.45$0.78$3.68$9.54$7.97$1.57
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$0.96$2.10$8.85$8.32$0.53
2020Detailed filing. Detailed filing data is available for this year.$2.64$1.06$1.58$7.30$7.45$0.15
2019Detailed filing. Detailed filing data is available for this year.$2.70$0.97$1.73$7.31$7.10$0.21
2018Detailed filing. Detailed filing data is available for this year.$2.35$0.82$1.52$6.90$6.59$0.31
2017Detailed filing. Detailed filing data is available for this year.$1.56$0.35$1.21$6.28$6.16$0.12
2016Detailed filing. Detailed filing data is available for this year.$2.46$0.76$1.70$6.16$6.19$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.28$0.55$1.73$6.04$6.12$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.01$0.20$1.81$5.65$5.68$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.01$1.84$6.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.02$1.83$5.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.22$1.79$6.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.03$1.80$5.64