Civic Intelligence

Kentucky Nurses Foundation Inc.

990EZ • Fiscal year 2020 • EIN 31-0915644

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 09, 2020

305 Townepark CircleLouisville, KY 40243

(502) 245-2843

Siviq Scores

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

Liabilities / Assets

60th percentile

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

72nd percentile

23%

Higher net margin than 72% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

59th percentile

11%

Faster asset growth than 59% of similar nonprofits.

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

Revenue Growth

92nd percentile

81%

Faster revenue growth than 92% of similar nonprofits.

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

Assets

Up

$72,590

Up $7,086 (+11%) from 2019

Net Assets

Up

$72,183

Up $9,844 (+16%) from 2019

Liabilities

Down

$407

Down $2,758 (-87%) from 2019

Revenue

Up

$49,425

Up $22,096 (+81%) from 2019

Expenses

Up

$38,048

Up $9,295 (+32%) from 2019

Net Income

Up

$11,377

Up $12,801 (+899%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $60,201Net Assets 2011: $60,2012011Assets 2012: $54,456Liabilities 2012: $0Net Assets 2012: $54,4562012Assets 2017: $81,941Liabilities 2017: $0Net Assets 2017: $81,9412017Assets 2018: $70,884Liabilities 2018: $7,396Net Assets 2018: $63,4882018Assets 2019: $65,504Liabilities 2019: $3,165Net Assets 2019: $62,3392019Assets 2020: $72,590Liabilities 2020: $407Net Assets 2020: $72,1832020Assets 2021: $89,714Liabilities 2021: $784Net Assets 2021: $88,9302021Assets 2022: $102,177Liabilities 2022: $2,748Net Assets 2022: $99,4292022

Highlighted filing

2020

Assets$72,590
Liabilities$407
Net Assets$72,183

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $8,669Expenses 2011: $3,209Net Income 2011: $5,4602011Revenue 2012: $2,753Expenses 2012: $8,497Net Income 2012: -$5,7442012Revenue 2017: $730Expenses 2017: $472Net Income 2017: $2582017Revenue 2018: $9,343Expenses 2018: $28,794Net Income 2018: -$19,4512018Revenue 2019: $27,329Expenses 2019: $28,753Net Income 2019: -$1,4242019Revenue 2020: $49,425Expenses 2020: $38,048Net Income 2020: $11,3772020Revenue 2021: $46,973Expenses 2021: $38,790Net Income 2021: $8,1832021Revenue 2022: $80,086Expenses 2022: $59,859Net Income 2022: $20,2272022

Highlighted filing

2020

Revenue$49,425
Expenses$38,048
Net Income$11,377
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 9, 2020
Return Version
2019v5.0
Gross Receipts
$57,663
Mission and Program Overview

Mission

The mission of the kentucky nurses foundation is to promote the highest level of health for the citizens of the commonwealth of kentucky by advancing the practice of nursing through nursing scholarship and healthcare research.

To promote the highest level of health for the citizens of the commonwealth of kentucky by advancing the practice of nursing through nursing scholarship and healthcare research.

Program Services

DescriptionGrantsExpenses
THE MISSION OF THE KENTUCKY NURSES FOUNDATION (KNF) IS TO ADVANCE AND EXPAND NURSING PRACTICE AND THE TRANSLATION OF EVIDENCE BASED PRACTICE THROUGH CLINICIANS, EDUCATORS, LEADERS, RESEARCHERS, HEALTHCARE POLICY MAKERS AND STUDENTS WITH THE SUPPORT OF NURSING SCHOLARSHIPS, GRANTS AND PHILANTHROPIC GIFTS TO PROMOTE THE HIGHEST LEVEL OF HEALTH FOR THE CITIZENS OF KENTUCKY. THE KNF, ESTABLISHED IN 1975 AS A 501(C)(3) STATUS FOUNDATION, HAS BOTH A CONTRACTUAL AND PROFESSIONAL RELATIONSHIP WITH THE KENTUCKY NURSES ASSOCIATION (KNA), TO ENHANCE ACHIEVEMENT OF THE STRATEGIC GOALS OF BOTH ORGANIZATIONS. IN KEEPING WITH THE BYLAWS (2017), THE KNF HAS A LONG HISTORY OF SUPPORTING THE ENDEAVORS OF THE KNA MISSION.-$7,246
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JORECIA SINGLETONPresident-$0--
MARY ROMELFANGERImmediate Pa-$0--
DEBRA RAYMANVice Preside-$0--
LINDA THOMASSecretary-$0--
ARICA BRANDFORDTreasurer-$0--
SHEILA SPENCELay - Member-$0--
KATHY HAGERBoard Member-$0--
ANN LYONSBoard Member-$0--
IDA SLUSHERBoard Member-$0--
RUTH CARRICOEx-Officio-$0--
DELANOR MANSONCEOFT$0--
Filing and Contact Details

Filer

Filer Name
Kentucky Nurses Foundation
EIN
31-0915644
Address
305 TOWNEPARK CIRCLE, LOUISVILLE, KY 40243

Signing Officer

Name
Delanor Manson
Title
CEO
Signed
2020-12-09

Preparer

Firm
Francke & Associates LLC
Address
2505 BUSH RIDGE DRIVE SUITE B, LOUISVILLE, KY 40245
Preparer
Ginger Kronenthal CPA
Phone
5028222400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous 137 total 137

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 54 office 132 information technology 58 conferences/meetings 6,610 insurance 283 covid-19 expenses 9,426 postage 110 taste of health expense 90 registration fees 40 bank & cc fees 192 nightingale expenses 492 total 17,487

Form 990-ez, Part I, Line 20

UNREALIZED LOSSES -1,533

Form 990-ez, Part II, Line 24

Prepaid expense - taste of health 358 0 total 358 0

Form 990-ez, Part II, Line 26

Due from kna 1,153 407 other liabilities 1,466 0 sales tax payable 26 0 taste of health donations 520 0

Form 990-ez, Part III

To promote the highest level of health for the citizens of the commonwealth of kentucky by advancing the practice of nursing through nursing scholarship and healthcare research.

Form 990-ez, Part III, Line 28

The mission of the kentucky nurses foundation (knf) is to advance and expand nursing practice and the translation of evidence based practice through clinicians, educators, leaders, researchers, healthcare policy makers and students with the support of nursing scholarships, grants and philanthropic gifts to promote the highest level of health for the citizens of kentucky. The knf, established in 1975 as a 501(c)(3) status foundation, has both a contractual and professional relationship with the kentucky nurses association (kna), to enhance achievement of the strategic goals of both organizations. In keeping with the bylaws (2017), the knf has a long history of supporting the endeavors of the kna mission.

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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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE MISSION OF THE KENTUCKY NURSES FOUNDATION (KNF) IS TO ADVANCE AND EXPAND NURSING PRACTICE AND THE TRANSLATION OF EVIDENCE BASED PRACTICE THROUGH CLINICIANS, EDUCATORS, LEADERS, RESEARCHERS, HEALTHCARE POLICY MAKERS AND STUDENTS WITH THE SUPPORT OF NURSING SCHOLARSHIPS, GRANTS AND PHILANTHROPIC GIFTS TO PROMOTE THE HIGHEST LEVEL OF HEALTH FOR THE CITIZENS OF KENTUCKY. THE KNF, ESTABLISHED IN 1975 AS A 501(C)(3) STATUS FOUNDATION, HAS BOTH A CONTRACTUAL AND PROFESSIONAL RELATIONSHIP WITH THE KENTUCKY NURSES ASSOCIATION (KNA), TO ENHANCE ACHIEVEMENT OF THE STRATEGIC GOALS OF BOTH ORGANIZATIONS. IN KEEPING WITH THE BYLAWS (2017), THE KNF HAS A LONG HISTORY OF SUPPORTING THE ENDEAVORS OF THE KNA MISSION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS 137 TOTAL 137
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND PROMOTION 54 OFFICE 132 INFORMATION TECHNOLOGY 58 CONFERENCES/MEETINGS 6,610 INSURANCE 283 COVID-19 EXPENSES 9,426 POSTAGE 110 TASTE OF HEALTH EXPENSE 90 REGISTRATION FEES 40 BANK & CC FEES 192 NIGHTINGALE EXPENSES 492 TOTAL 17,487
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED LOSSES -1,533
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PREPAID EXPENSE - TASTE OF HEALTH 358 0 TOTAL 358 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUE FROM KNA 1,153 407 OTHER LIABILITIES 1,466 0 SALES TAX PAYABLE 26 0 TASTE OF HEALTH DONATIONS 520 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO PROMOTE THE HIGHEST LEVEL OF HEALTH FOR THE CITIZENS OF THE COMMONWEALTH OF KENTUCKY BY ADVANCING THE PRACTICE OF NURSING THROUGH NURSING SCHOLARSHIP AND HEALTHCARE RESEARCH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE MISSION OF THE KENTUCKY NURSES FOUNDATION (KNF) IS TO ADVANCE AND EXPAND NURSING PRACTICE AND THE TRANSLATION OF EVIDENCE BASED PRACTICE THROUGH CLINICIANS, EDUCATORS, LEADERS, RESEARCHERS, HEALTHCARE POLICY MAKERS AND STUDENTS WITH THE SUPPORT OF NURSING SCHOLARSHIPS, GRANTS AND PHILANTHROPIC GIFTS TO PROMOTE THE HIGHEST LEVEL OF HEALTH FOR THE CITIZENS OF KENTUCKY. THE KNF, ESTABLISHED IN 1975 AS A 501(C)(3) STATUS FOUNDATION, HAS BOTH A CONTRACTUAL AND PROFESSIONAL RELATIONSHIP WITH THE KENTUCKY NURSES ASSOCIATION (KNA), TO ENHANCE ACHIEVEMENT OF THE STRATEGIC GOALS OF BOTH ORGANIZATIONS. IN KEEPING WITH THE BYLAWS (2017), THE KNF HAS A LONG HISTORY OF SUPPORTING THE ENDEAVORS OF THE KNA MISSION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DELANOR MANSON
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ReturnHeader/BusinessOfficerGrp/SignatureDt02020-12-09
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ReturnHeader/Filer/EIN0310915644
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ReturnHeader/FilingSecurityInformation/IPDt02020-12-18
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ReturnHeader/FilingSecurityInformation/IPTm008:32:21
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472587260
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRANCKE & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02505 BUSH RIDGE DRIVE SUITE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040245
ReturnHeader/PreparerPersonGrp/PhoneNum05028222400
ReturnHeader/PreparerPersonGrp/PreparationDt02020-12-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GINGER KRONENTHAL CPA
ReturnHeader/ReturnTs02020-12-18T08:32:21-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits