Civic Intelligence

Kentucky Engineering Foundation Inc.

990 • Fiscal year 2023 • EIN 31-0999048

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 05, 2024

160 Democrat DriveFrankfort, KY 40601

(502) 695-5680

Siviq Scores

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

Liabilities / Assets

39th percentile

0.03x

Higher debt load relative to assets than 39% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

57th percentile

0.13x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

55th percentile

6.5%

Higher net margin than 55% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

70th percentile

$107,500

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 32.3% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

70th percentile

14%

Faster asset growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

66th percentile

19%

Faster revenue growth than 66% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,634,127

Up $206,148 (+14%) from 2022

Net Assets

Up

$1,590,706

Up $217,827 (+16%) from 2022

Liabilities

Down

$43,421

Down $11,679 (-21%) from 2022

Revenue

Up

$332,571

Up $54,071 (+19%) from 2022

Expenses

Up

$310,889

Up $30,698 (+11%) from 2022

Net Income

Up

$21,682

Up $23,373 (+1382%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2019: $1,245,762Liabilities 2019: $28,515Net Assets 2019: $1,217,2472019Assets 2020: $1,245,621Liabilities 2020: $36,780Net Assets 2020: $1,208,8412020Assets 2021: $1,562,906Liabilities 2021: $38,167Net Assets 2021: $1,524,7392021Assets 2022: $1,427,979Liabilities 2022: $55,100Net Assets 2022: $1,372,8792022Assets 2023: $1,634,127Liabilities 2023: $43,421Net Assets 2023: $1,590,7062023Assets 2024: $1,840,566Liabilities 2024: $47,220Net Assets 2024: $1,793,3462024Assets 2025: $2,029,726Liabilities 2025: $70,887Net Assets 2025: $1,958,8392025

Highlighted filing

2023

Assets$1,634,127
Liabilities$43,421
Net Assets$1,590,706

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $285,857Expenses 2019: $258,881Net Income 2019: $26,9762019Revenue 2020: $314,505Expenses 2020: $282,654Net Income 2020: $31,8512020Revenue 2021: $63,784Expenses 2021: $90,698Net Income 2021: -$26,9142021Revenue 2022: $278,500Expenses 2022: $280,191Net Income 2022: -$1,6912022Revenue 2023: $332,571Expenses 2023: $310,889Net Income 2023: $21,6822023Revenue 2024: $433,242Expenses 2024: $347,859Net Income 2024: $85,3832024Revenue 2025: $360,898Expenses 2025: $388,421Net Income 2025: -$27,5232025

Highlighted filing

2023

Revenue$332,571
Expenses$310,889
Net Income$21,682
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 5, 2024
Return Version
2022v5.0
Gross Receipts
$393,330
Mission and Program Overview

Mission

The kentucky engineering foundation grants scholarships, provides guidance and assists worthy students to obtain instruction and training in engineering and mathematics; instruction of the public and the dissemination of engineering information beneficial to the interested public; conduct and support of programs for education in engineering and related subjects. Activities include mathcounts, scholarships, partnering conference and fund raising.

The kentucky engineering foundation grants scholarships, provides guidance and assists worthy students to obtain instruction and training in engineering and mathematics; instruction of the public and the dissemination of engineering information beneficial to the interested public; conduct and support of programs for education in engineering and related subjects. Activities include mathcounts, robotics, scholarships, and partnering conferences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,096,605$1,327,066▲ $230,461
Cash and Non-Interest-Bearing Accounts$290,191$213,377▼ $76,814
Prepaid Expenses and Deferred Charges-$78,794-
Savings and Temporary Cash Investments$40,156$14,890▼ $25,266
Accounts Receivable$1,027--
Total Assets$1,427,979$1,634,127▲ $206,148
Liabilities
Accounts Payable and Accrued Expenses$55,100$43,421▼ $11,679
Total Liabilities$55,100$43,421▼ $11,679
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,412,648$1,566,398▲ $153,750
Net Assets Without Donor Restrictions$-39,769$24,308▲ $64,077
Total Net Assets Fund Balance$1,372,879$1,590,706▲ $217,827
Total Liabilities and Net Assets / Fund Balance$1,427,979$1,634,127▲ $206,148
Compensation and Service Providers

Employees

NameTitleOtherTotal
Russell RomineExecutive Di$107,500$107,500

Board Members and Trustees

NameTitle
Tony MarconiPresident
Chuck AndersonRegional Director
David LambRegional Director
Robert L PickerillAcec-ky Pres
David C MitchamAppointed Di
David ServisAppointed Di
Matt RogersAppointed Di
Paul MaronAppointed Di
R Darin HensleyAppointed Di
Sean CraigMathcounts F
Wesley SydnorNspe-ky Pres
Kristen CrumptonSecretary
Mike HarrisTreasurer
Lee CzorVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$90,909
Program Service Revenue
$204,768
Investment Income
$19,604
Other Revenue
$17,290
All Other Contributions
$64,909
Change in Net Assets
$21,682

Audited Revenue Reconciliation

Revenue per Audited Statements
$332,571
Revenue Not Reported on Form 990
$236,763
Total Revenue per Audited Statements
$569,334
Total Revenue per Form 990
$332,571
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$310,889
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$24,814$2,670-$27,484
Other Expenses$20,008--$20,008
Fees for Services Accounting-$16,860-$16,860
Total Functional Expenses$291,359$19,530$0$310,889

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$351,507
Expenses per Audited Statements$310,889
Total Expenses per Form 990$310,889
Expenses Not Reported on Form 990$40,618
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$57,363
Fundraising Direct Expenses$40,618
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Classic$22,209$22,209$19,080$3,129
Total Events$22,209$22,209$19,080$3,129
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
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The foundation has members

Form 990, Page 6, Part VI, Line 7A

The membership vote on any changes to the constitution

Form 990, Page 6, Part VI, Line 7B

Kef members elect the governing body

Form 990, Page 6, Part VI, Line 11B

Board members review and approve the 990 prior to submission to the irs

Form 990, Page 6, Part VI, Line 12C

Board members perform yearly reviews to ensure they have no conflict of interests.

Form 990, Page 6, Part VI, Line 19

All documents are available upon request at kef's office

Filing and Contact Details

Filer

Filer Name
Kentucky Engineering Foundationinc
EIN
31-0999048
Phone
5026955680
Address
160 DEMOCRAT DRIVE, FRANKFORT, KY 40601

Signing Officer

Name
Russell Romine
Title
Executive Director
Phone
5026955680
Signed
2024-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Russell Romine
Formed
1979
Legal Domicile
Ky
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
250

Preparer

Firm
Harrod & Associates
Address
2 HMB CIRCLE A, FRANKFORT, KY 40601-2351
Preparer
David R Harrod CPA
Phone
5026957300
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

This return is being amended to correct 2 errors. First, a 6,000 accounts receivable that was recorded in error was removed from the balance sheet. Second, a prepaid expense that was left off the original return was recorded for 78,794, decreasing the related partnering expenses by the same amount, from 257,450 to 178,656. As a result of these changes, total revenue stayed the same at 332,571, and total expenses decreased from 383,683 to 310,889, making the corrected revenue less expenses on page 1 line 19 21,682.

FORM 990 - ORGANIZATION'S MISSION

The kentucky engineering foundation grants scholarships, provides guidance and assists worthy students to obtain instruction and training in engineering and mathematics; instruction of the public and the dissemination of engineering information beneficial to the interested public; conduct and support of programs for education in engineering and related subjects. Activities include mathcounts, robotics, scholarships, and partnering conferences.

Form 990, Part XI, Line 9

Direct fundraising expenses 40,618 direct fundraising expenses -40,618

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the foundation and recognize a tax liability if the foundation has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the foundation, and has concluded that as of june 30, 2023 and 2022, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying financial statements. The foundation is subject to routine audits by taxing jurisdictions, however, there are currently no audits for any tax periods in progress.

Schedule D, Page 4, Part XI, Line 2D

Direct fundraising expenses 40,618

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising expenses 40,618

Raw XML AppendixShowing 400 of 460 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt055100
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt043421
IRS990/AccountsReceivableGrp/BOYAmt01027
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE KENTUCKY ENGINEERING FOUNDATION GRANTS SCHOLARSHIPS, PROVIDES GUIDANCE AND ASSISTS WORTHY STUDENTS TO OBTAIN INSTRUCTION AND TRAINING IN ENGINEERING AND MATHEMATICS; INSTRUCTION OF THE PUBLIC AND THE DISSEMINATION OF ENGINEERING INFORMATION BENEFICIAL TO THE INTERESTED PUBLIC; CONDUCT AND SUPPORT OF PROGRAMS FOR EDUCATION IN ENGINEERING AND RELATED SUBJECTS. ACTIVITIES INCLUDE MATHCOUNTS, ROBOTICS, SCHOLARSHIPS, AND PARTNERING CONFERENCES.
IRS990/AllOtherContributionsAmt064909
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02670
IRS990/AllOtherExpensesGrp/ProgramServicesAmt024814
IRS990/AllOtherExpensesGrp/TotalAmt027484
IRS990/AmendedReturnInd0X
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0RUSSELL ROMINE
IRS990/BooksInCareOfDetail/PhoneNum05026955680
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0160 DEMOCRAT DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FRANKFORT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040601
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0290191
IRS990/CashNonInterestBearingGrp/EOYAmt0213377
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt090909
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt019604
IRS990/CYOtherExpensesAmt0310889
IRS990/CYOtherRevenueAmt017290
IRS990/CYProgramServiceRevenueAmt0204768
IRS990/CYRevenuesLessExpensesAmt021682
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0310889
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0332571
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROMOTE THE EDUCATION ISSUES OF THE ENGINEERING PROFESSION THROUGHOUT THE COMMONWEALTH OF KENTUCKY AS WELL AS KEEPING THOSE IN THE ENGINEERING FIELD UP TO DATE ON NEW TECHNOLOGIES AND PUBLIC SAFETY ISSUES AND CONCERNS THROUGH LEADERSHIP PE, CONVENTION, AND SEMINARS, ETC.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01412648
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01566398
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0197470
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016860
IRS990/FeesForServicesAccountingGrp/TotalAmt016860
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt030.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0TONY MARCONI
IRS990/Form990PartVIISectionAGrp/PersonNm1LEE CZOR
IRS990/Form990PartVIISectionAGrp/PersonNm2KRISTEN CRUMPTON
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm4WESLEY SYDNOR
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT L PICKERILL
IRS990/Form990PartVIISectionAGrp/PersonNm6SEAN CRAIG
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID C MITCHAM
IRS990/Form990PartVIISectionAGrp/PersonNm8MATT ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID SERVIS
IRS990/Form990PartVIISectionAGrp/PersonNm10PAUL MARON
IRS990/Form990PartVIISectionAGrp/PersonNm11R DARIN HENSLEY
IRS990/Form990PartVIISectionAGrp/PersonNm12CHUCK ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm13DAVID LAMB
IRS990/Form990PartVIISectionAGrp/PersonNm14RUSSELL ROMINE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14107500
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4NSPE-KY PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt5ACEC-KY PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt6MATHCOUNTS F
IRS990/Form990PartVIISectionAGrp/TitleTxt7APPOINTED DI
IRS990/Form990PartVIISectionAGrp/TitleTxt8APPOINTED DI
IRS990/Form990PartVIISectionAGrp/TitleTxt9APPOINTED DI
IRS990/Form990PartVIISectionAGrp/TitleTxt10APPOINTED DI
IRS990/Form990PartVIISectionAGrp/TitleTxt11APPOINTED DI
IRS990/Form990PartVIISectionAGrp/TitleTxt12REGIONAL DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13REGIONAL DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt040618
IRS990/FundraisingGrossIncomeAmt057363
IRS990/GainOrLossGrp/SecuritiesAmt0-528
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt026000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt019613
IRS990/GrossReceiptsAmt0393330
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt020132
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020132
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01096605
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01327066
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt020141
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE KENTUCKY ENGINEERING FOUNDATION GRANTS SCHOLARSHIPS, PROVIDES GUIDANCE AND ASSISTS WORTHY STUDENTS TO OBTAIN INSTRUCTION AND TRAINING IN ENGINEERING AND MATHEMATICS; INSTRUCTION OF THE PUBLIC AND THE DISSEMINATION OF ENGINEERING INFORMATION BENEFICIAL TO THE INTERESTED PUBLIC; CONDUCT AND SUPPORT OF PROGRAMS FOR EDUCATION IN ENGINEERING AND RELATED SUBJECTS. ACTIVITIES INCLUDE MATHCOUNTS, ROBOTICS, SCHOLARSHIPS, AND PARTNERING CONFERENCES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01372879
IRS990/NetAssetsOrFundBalancesEOYAmt01590706
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-528
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-528
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt016745
IRS990/NetUnrlzdGainsLossesInvstAmt0196145
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-39769
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt024308
IRS990/NoncashContributionsAmt020141
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0PARTNERING EXPENSES
IRS990/OtherExpensesGrp/Desc1MATHCOUNTS EXPENSES
IRS990/OtherExpensesGrp/Desc2SCHOLARSHIPS
IRS990/OtherExpensesGrp/Desc3ROBOTICS
IRS990/OtherExpensesGrp/ProgramServicesAmt0178656
IRS990/OtherExpensesGrp/ProgramServicesAmt134194
IRS990/OtherExpensesGrp/ProgramServicesAmt233687
IRS990/OtherExpensesGrp/ProgramServicesAmt320008
IRS990/OtherExpensesGrp/TotalAmt0178656
IRS990/OtherExpensesGrp/TotalAmt134194
IRS990/OtherExpensesGrp/TotalAmt233687
IRS990/OtherExpensesGrp/TotalAmt320008
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0545
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0545
IRS990/OtherRevenueTotalAmt0545
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt078794
IRS990/PrincipalOfficerNm0RUSSELL ROMINE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PARTNERING CONFERENCE
IRS990/ProgramServiceRevenueGrp/Desc1LEADERSHIP PE
IRS990/ProgramServiceRevenueGrp/Desc2ADMINISTRATIVE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0176400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt122368
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0176400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt122368
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26000
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE MATH & ROBITICS COMPETITION TO STUDENTS WHO MAJOR IN MATH OR ENGINEERING AND OTHER DESERVING STUDENTS MAJORING IN ENGINEERING IN HOPES OF FURTHERING INTEREST IN THE ENGINEERING PROFESSION FOR OUR YOUTH THAT SHOW INTEREST AND APPTITUDE FOR ENGINEERING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt060202
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt06000
IRS990/ProgSrvcAccomActy3Grp/Desc0AWARD SCHOLARSHIPS FOR COLLEGE FROM MATH COMPETITIONS FOR MIDDLE SCHOOL CHILDREN AND OTHER STUDENTS ENTERING THE ENGINEERING FIELD.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt033687
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt061576
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt036785
IRS990/PYOtherExpensesAmt0280191
IRS990/PYOtherRevenueAmt012819
IRS990/PYProgramServiceRevenueAmt0167320
IRS990/PYRevenuesLessExpensesAmt0-1691
IRS990/PYTotalExpensesAmt0280191
IRS990/PYTotalRevenueAmt0278500
IRS990/ReconcilationRevenueExpnssAmt021682
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0198768
IRS990/SavingsAndTempCashInvstGrp/BOYAmt040156
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014890
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0126063
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt061576
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt024646
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt024805
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt065999
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0303089
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt020132
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt017735
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt016525
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt018061
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt019479
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt091932
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0227522
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0201820
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt022613
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0195537
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0232754
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0880246
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt020132
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt017735
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt016525
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt018061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt019479
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt091932
IRS990ScheduleA/InvestmentIncomeCYPct00.07000
IRS990ScheduleA/InvestmentIncomePYPct00.08000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92790
IRS990ScheduleA/PublicSupportPY509Pct00.92170
IRS990ScheduleA/PublicSupportTotal509Amt01183335
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0353585
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0263396
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt047259
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0220342
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0298753
IRS990ScheduleA/Total509Grp/TotalAmt01183335
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0373717
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0281131
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt063784
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0238403
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0318232
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01275267
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt040618
IRS990ScheduleD/ExpensesSubtotalAmt0310889
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0196145
IRS990ScheduleD/OtherExpensesIncludedAmt040618
IRS990ScheduleD/OtherRevenueAmt040618
IRS990ScheduleD/RevenueNotReportedAmt0236763
IRS990ScheduleD/RevenueSubtotalAmt0332571
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSES 40,618
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING EXPENSES 40,618
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalExpensesPerForm990Amt0310889
IRS990ScheduleD/TotalRevenuePerForm990Amt0332571
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0569334
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0351507
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019080
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF CLASSIC
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022209
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022209
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022209
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022209
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt03129
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019080
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019080
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS RETURN IS BEING AMENDED TO CORRECT 2 ERRORS. FIRST, A 6,000 ACCOUNTS RECEIVABLE THAT WAS RECORDED IN ERROR WAS REMOVED FROM THE BALANCE SHEET. SECOND, A PREPAID EXPENSE THAT WAS LEFT OFF THE ORIGINAL RETURN WAS RECORDED FOR 78,794, DECREASING THE RELATED PARTNERING EXPENSES BY THE SAME AMOUNT, FROM 257,450 TO 178,656. AS A RESULT OF THESE CHANGES, TOTAL REVENUE STAYED THE SAME AT 332,571, AND TOTAL EXPENSES DECREASED FROM 383,683 TO 310,889, MAKING THE CORRECTED REVENUE LESS EXPENSES ON PAGE 1 LINE 19 21,682.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE KENTUCKY ENGINEERING FOUNDATION GRANTS SCHOLARSHIPS, PROVIDES GUIDANCE AND ASSISTS WORTHY STUDENTS TO OBTAIN INSTRUCTION AND TRAINING IN ENGINEERING AND MATHEMATICS; INSTRUCTION OF THE PUBLIC AND THE DISSEMINATION OF ENGINEERING INFORMATION BENEFICIAL TO THE INTERESTED PUBLIC; CONDUCT AND SUPPORT OF PROGRAMS FOR EDUCATION IN ENGINEERING AND RELATED SUBJECTS. ACTIVITIES INCLUDE MATHCOUNTS, ROBOTICS, SCHOLARSHIPS, AND PARTNERING CONFERENCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERSHIP VOTE ON ANY CHANGES TO THE CONSTITUTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4KEF MEMBERS ELECT THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD MEMBERS REVIEW AND APPROVE THE 990 PRIOR TO SUBMISSION TO THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOARD MEMBERS PERFORM YEARLY REVIEWS TO ENSURE THEY HAVE NO CONFLICT OF INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL DOCUMENTS ARE AVAILABLE UPON REQUEST AT KEF'S OFFICE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DIRECT FUNDRAISING EXPENSES 40,618 DIRECT FUNDRAISING EXPENSES -40,618
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01427979
IRS990/TotalAssetsEOYAmt01634127
IRS990/TotalAssetsGrp/BOYAmt01427979
IRS990/TotalAssetsGrp/EOYAmt01634127
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt090909
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019530
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0291359

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings