Civic Intelligence

Foundation for a Healthy Kentucky Inc

EIN 31-1784753 • 501(c)3 • Louisville, KY

Profile

Addressing the unmet health needs of kentuckians by developing and influencing policy, improving access to care, reducing health risks and disparities, and promoting health equity. The foundation makes grants, conducts campaigns, supports research, holds educational forums and convenes communities to engage and develop the capacity of the commonwealth to improve the health and quality of life of all kentuckians.

1640 Lyndon Farm CT 100Louisville, KY 40223

healthy-ky.org

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.05x

Higher debt load relative to revenue than 13% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

76th percentile

20%

Higher net margin than 76% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

45th percentile

$328,351

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

51st percentile

6.2%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$63,202,973

Up $3,685,392 (+6.2%) from 2023

Liabilities

Up

$254,920

Up $206,568 (+427%) from 2023

Net Assets

Up

$62,948,053

Up $3,478,824 (+5.8%) from 2023

Revenue

Up

$5,388,893

Up $1,409,503 (+35%) from 2023

Expenses

Up

$4,296,031

Up $728,364 (+20%) from 2023

Net Income

Up

$1,092,862

Up $681,139 (+165%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2020: $61,719,427Liabilities 2020: $93,491Net Assets 2020: $61,625,9362020Assets 2021: $67,281,694Liabilities 2021: $185,497Net Assets 2021: $67,096,1972021Assets 2022: $53,945,732Liabilities 2022: $237,556Net Assets 2022: $53,708,1762022Assets 2023: $59,517,581Liabilities 2023: $48,352Net Assets 2023: $59,469,2292023Assets 2024: $63,202,973Liabilities 2024: $254,920Net Assets 2024: $62,948,0532024

Highlighted filing

2024

Assets$63,202,973
Liabilities$254,920
Net Assets$62,948,053

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $1,682,821Expenses 2020: $2,211,878Net Income 2020: -$529,0572020Revenue 2021: $4,356,943Expenses 2021: $2,419,818Net Income 2021: $1,937,1252021Revenue 2022: $3,503,871Expenses 2022: $3,640,721Net Income 2022: -$136,8502022Revenue 2023: $3,979,390Expenses 2023: $3,567,667Net Income 2023: $411,7232023Revenue 2024: $5,388,893Expenses 2024: $4,296,031Net Income 2024: $1,092,8622024

Highlighted filing

2024

Revenue$5,388,893
Expenses$4,296,031
Net Income$1,092,862

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.2
Gross Receipts
$15,831,060
Mission and Program Overview

Mission

The foundation for a healthy kentucky is a non-profit, organization working to address the unmet health needs of kentuckians.

Addressing the unmet health needs of kentuckians by developing and influencing (see schedule o) policy, improving access to care, reducing health risks and disparities, and promoting health equity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$52,076,431$54,935,362▲ $2,858,931
Investments Other Securities$4,178,279$5,030,142▲ $851,863
Land, Buildings, and Equipment, Net$2,496,749$2,681,853▲ $185,104
Pledges and Grants Receivable$466,303$254,550▼ $211,753
Savings and Temporary Cash Investments$255,079$197,892▼ $57,187
Accounts Receivable$20,524$50,365▲ $29,841
Prepaid Expenses and Deferred Charges$18,538$25,954▲ $7,416
Other Notes and Loans Receivable, Net-$10,000-
Total Assets$59,517,581$63,202,973▲ $3,685,392
Other Assets Total$5,678$16,855▲ $11,177
Liabilities
Grants Payable-$215,916-
Accounts Payable and Accrued Expenses$48,352$39,004▼ $9,348
Total Liabilities$48,352$254,920▲ $206,568
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$59,469,229$62,948,053▲ $3,478,824
Total Net Assets Fund Balance$59,469,229$62,948,053▲ $3,478,824
Total Liabilities and Net Assets / Fund Balance$59,517,581$63,202,973▲ $3,685,392

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,237,910$1,031,443$3,269,353
Land$385,171-$385,171
Other Land Buildings$58,772$290,544$349,316
Other Securities$5,030,142--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$56,254,710-▲ $5,797,637$2,086,843$59,965,504
2023$50,599,415-▲ $7,751,609$2,096,314$56,254,710
2022$64,544,982-▼ $11,355,276$2,590,291$50,599,415
2021$58,920,088-▲ $7,211,388$1,586,494$64,544,982
2020$53,558,476-▲ $6,848,892$1,487,280$58,920,088
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Albert ChandlerPresident/CEOFT$295,713$32,638$328,351
Allison AdamsChief Operating OfficerFT$150,000$24,461$174,461
Mery a Mendoza ArroyoSr Policy & Program AdminFT$113,667$16,904$130,571

Board Members and Trustees

NameTitle
Marianne Smith EdgeChair
Clifford Maesaka JrImmediate Past Chair
Jane ChilesVice Chair
Charlotte WhittakerBoard Member
Fran FeltnerBoard Member
Garren ColvinBoard Member
John RosenbergBoard Member
Latoya DrakeBoard Member
Leo CalderonBoard Member
Mike SlatonBoard Member
Stephanie GastauerBoard Member
Tim MarcumBoard Member
Tommy TurnerBoard Member
Alissa YoungBoard Member (prior)
Gary DrydenEx-officio Board Member
Wayne TucksonSecretary
Tracey AntleTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ramage CompanyConstruction-renovation900 E JEFFERSON ST, Louisville, KY 40206$242,049
Morgan StanleyInvestment Services1585 BROADWAY AVENUE, New York, NY 10036$207,746
Revenue and Support

Revenue Composition

Contributions and Grants
$1,634,617
Program Service Revenue
$0
Investment Income
$3,619,421
Other Revenue
$134,855
Change in Net Assets
$1,092,862

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,550,572
Revenue Not Reported on Financial Statements
$-161,679
Revenue Not Reported on Form 990
$2,178,216
Other Revenue Adjustments
$-161,679
Total Revenue per Audited Statements
$7,728,788
Total Revenue per Form 990
$5,388,893
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,397,776
Salaries, Compensation, and Employee Benefits$1,157,398
Other Expenses$740,857
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,397,776--$2,397,776
Other Salaries and Wages$533,076$88,743-$621,819
Current Officers, Directors, Trustees, and Key Employees$295,516$32,835-$328,351
Fees for Service Investment Mgmnt Fees-$207,746-$207,746
Other Employee Benefits$109,566$34,921-$144,487
Office Expenses$104,013$37,495-$141,508
Fees for Services Other$97,777$34,988-$132,765
Depreciation Depletion$83,780$4,673-$88,453
Payroll Taxes$49,215$13,526-$62,741
Fees for Services Accounting-$59,290-$59,290
Conferences and Meetings$36,915$2,626-$39,541
Travel$22,754$2,836-$25,590
Insurance$10,896$5,457-$16,353
Occupancy$14,361--$14,361
Fees for Services Legal-$7,459-$7,459
Other Expenses$1,811$3,722-$3,722
Total Functional Expenses$3,757,456$538,575$0$4,296,031

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,457,710
Total Expenses per Form 990$4,296,031
Total Expenses per Audited Statements$4,249,964
Expenses Not Reported on Financial Statements$-161,679
Other Expense Adjustments$-161,679
Expenses Not Reported on Form 990$-207,746
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kentucky Voices for HealthLouisville, KY501c(3)Access to Quality Health Care$432,052
Queer KentuckyLouisville, KY501c(3)Vaccine Access & Trust$200,967
University of VirginiaCharlottesville, VA501c(3)Access to Health Data$133,891
Community Farm AllianceBerea, KY501c(3)Childhood Obesity & Diabetes Prevention$115,000
Kentucky Equal Justice CenterLexington, KY501c(3)Access to Quality Health Care$100,000
Kentucky Youth AdvocatesLouisville, KY501c(3)CHILDREN'S MENTAL HEALTH & ACES$100,000
KetLexington, KY501c(3)Awareness of Health Issues$100,000
Sterling Health CareMt Sterling, KY501c(3)Access to Quality Health Care$99,996
Somali Community of LouisvilleLouisville, KY501c(3)Preventing Overdose Deaths$80,220
Louisville Pride FoundationLouisville, KY501c(3)Vaccine Access & Trust$75,000
Change Today Change TomorrowLouisville, KY501c(3)Preventing Overdose Deaths$52,000
Recovery Cafe LexingtonLexington, KY501c(3)Preventing Overdose Deaths$50,000
Community Foundation of LouisvilleLouisville, KY501c(3)Awareness of Health Issues$45,000
Support AgencyColumbia, KY501c(3)Preventing Overdose Deaths$42,200
Kentucky Psycological Association FoundationLouisville, KY501c(3)CHILDREN'S MENTAL HEALTH & ACES$30,000
University of Kentucky Research FoundationLexington, KY501c(3)Awareness of Health Issues$26,250
Appalshop IncWhitesburg, KY501c(3)Preventing Overdose Deaths$25,000
Black Counseling & Consulting CollectiveLouisville, KY501c(3)Preventing Overdose Deaths$25,000
Black Soil Charitable Fund IncLexington, KY501c(3)Preventing Overdose Deaths$25,000
Bluegrass Harm Reduction AllianceLexington, KY501c(3)Preventing Overdose Deaths$25,000
CareustzBowling Green, KY501c(3)Vaccine Access & Trust$25,000
Cpesn Kentucky IncBeaver Dam, KY501c(3)Vaccine Access & Trust$25,000
Empowher With Open ArmsLouisville, KY501c(3)Preventing Overdose Deaths$25,000
Esperanza Latino Center of Northern KentuckyCovington, KY501c(3)Vaccine Access & Trust$25,000
Four Rivers Scholarship FundFulton, KY501c(3)Preventing Overdose Deaths$25,000
Frankfort Care CoalitionFrankfort, KY501c(3)Preventing Overdose Deaths$25,000
Grannys Girls Birth InitiativeLouisville, KY501c(3)Preventing Overdose Deaths$25,000
Hannahs Crown CorporationLouisville, KY501c(3)Preventing Overdose Deaths$25,000
Hope Center IncLexington, KY501c(3)Preventing Overdose Deaths$25,000
Hotel IncBowling Green, KY501c(3)Preventing Overdose Deaths$25,000
Joshua Community ConnectorsLouisville, KY501c(3)Preventing Overdose Deaths$25,000
NORTHERN KENTUCKY CHILDREN'S LAW CENTERCovington, KY501c(3)CHILDREN'S MENTAL HEALTH & ACES$25,000
Nami KentuckyLexington, KY501c(3)Preventing Overdose Deaths$25,000
New Legacy Reentry CorpLouisville, KY501c(3)Preventing Overdose Deaths$25,000
Project Ricochet IncGranger, IN501c(3)Preventing Overdose Deaths$25,000
River Valley Behavioral HealthOwensboro, KY501c(3)Preventing Overdose Deaths$25,000
St John CenterLouisville, KY501c(3)Preventing Overdose Deaths$25,000
Vocal-kyBrooklyn, NY501c(3)Preventing Overdose Deaths$25,000
Voices of HopeLexington, KY501c(3)Preventing Overdose Deaths$24,996
People Advocating RecoveryLouisville, KY501c(3)Preventing Overdose Deaths$24,626
Pathways IncAshland, KY501c(3)Preventing Overdose Deaths$22,129
Ky Derby Festival FoundationLouisville, KY501c(3)Vaccine Access & Trust$20,000
Mental Health America Northern KentuckyCincinnati, OH501c(3)Preventing Overdose Deaths$20,000
Appalachian Kentucky Health Care Access NetworkMount Sterling, KY501c3Preventing Overdose Deaths$16,000
Louisville Public MediaLouisville, KY501c(3)Awareness of Health Issues$12,500
Big Sandy Health Care IncPrestonsburg, KY501c(3)Vaccine Access & Trust$10,000
Kentucky Civic Engagement TableLouisville, KY501c(3)Awareness of Health Issues$10,000
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
Yes
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
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Section B, Line 11B

The foundation's 990 is reviewed by management prior to submission to the finance and audit committee; copies are also provided to each board member.

Form 990, Part VI, Section B, Line 12C

Each member of the foundation, board, committees and professional staff is required to complete a conflict of interest form annually. The foundation's coo tracks receipt of the completed forms and provides a summary to the board chair and ceo. The board chair and ceo monitor compliance with the policy based on conflicts, if any, identified on the completed forms.

Form 990, Part VI, Section B, Line 15

Every three to five years, the foundation undertakes an external salary study of key positions in the foundation. The executive committee establishes compensation based on receipt and adoption of the most recent salary study.

Form 990, Part VI, Section C, Line 19

The foundation's articles of incorporation and bylaws are available upon request. A statement of the foundation's conflict of interest policy is contained in the foundation's policy and procedures manual and the policy is available to the public upon request. The foundation publishes an annual report containing a financial report for that year. The annual report is posted on the foundation's website and is disseminated to key stakeholders.

Filing and Contact Details

Filer

Filer Name
Foundation for a Healthy Kentucky Inc
EIN
31-1784753
Phone
5023262583
Address
1640 LYNDON FARM CT 100, LOUISVILLE, KY 40223

Signing Officer

Name
Allison Adams
Title
Chief Operating Officer
Phone
5023262583
Signed
2025-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Allison Adams
Formed
2001
Legal Domicile
Ky
Voting Board Members
14
Independent Board Members
14
Employees
8
Volunteers
70

Preparer

Firm
Deming Malone Livesay & Ostroff Psc
Address
9300 SHELBYVILLE RD STE 1100, LOUISVILLE, KY 40222-5187
Preparer
Christine N Koenig
Phone
5024269660
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

As of december 31, 2024, the board of directors had designated an initial $45,000,000 of net assets without donor restriction, plus accumulated earnings, as a general endowment fund to support the mission of the foundation.

PART X, LINE 2:

The foundation is exempt from federal and state income taxes under section 501(a) of the internal revenue code as an organization described in section 501(c)(3). Accordingly, no provision for income taxes is required. Gaap prescribes a comprehensive model for how an entity should measure, recognize, present and disclose in its financial statements uncertain tax positions that an entity has taken or expects to take on a tax return. The foundation determined that it had no uncertain tax positions as of december 31, 2024 or 2023.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Investment expenses -207,746.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Building expense -161,679.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Investment expenses -207,746.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Building expense -161,679.

Raw XML AppendixShowing 400 of 1,151 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/PersonNm4LATOYA DRAKE
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IRS990/Form990PartVIISectionAGrp/PersonNm7TIM MARCUM
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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
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IRS990/MissionDesc0ADDRESSING THE UNMET HEALTH NEEDS OF KENTUCKIANS BY DEVELOPING AND INFLUENCING POLICY, IMPROVING ACCESS TO CARE, REDUCING HEALTH RISKS AND DISPARITIES, AND PROMOTING HEALTH EQUITY. THE FOUNDATION MAKES GRANTS, CONDUCTS CAMPAIGNS, SUPPORTS RESEARCH, HOLDS (SEE SCHEDULE O) EDUCATIONAL FORUMS AND CONVENES COMMUNITIES TO ENGAGE AND DEVELOP THE CAPACITY OF THE COMMONWEALTH TO IMPROVE THE HEALTH AND QUALITY OF LIFE OF ALL KENTUCKIANS.
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