Civic Intelligence

Kentuckianaworks Foundation Inc

EIN 37-1508088 • 501(c)3 • Louisville, KY

View Organization Page

Profile

To promote and assist, whether financially or otherwise, the activities of the louisville and jefferson county workforce investment board, inc., d/b/a kentuckianaworks, and to raise funds and coordinate efforts that encourage louisville area residents to raise their educational attainment levels.

410 W Chestnut Street 200Louisville, KY 40202

n/A

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.27x

Higher debt load relative to assets than 72% of similar nonprofits.

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

Liabilities / Revenue

96th percentile

4.77x

Higher debt load relative to revenue than 96% of similar nonprofits.

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

Net Margin

5th percentile

-70%

Higher net margin than 5% of similar nonprofits.

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

Top Officer Pay

78th percentile

$131,036

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 77.5% of source-year revenue.

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

Asset Growth

12th percentile

-16%

Faster asset growth than 12% of similar nonprofits.

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

Revenue Growth

1st percentile

-90%

Faster revenue growth than 1% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$3,019,019

Down $578,879 (-16%) from 2022

Liabilities

Down

$806,793

Down $460,007 (-36%) from 2022

Net Assets

Down

$2,212,226

Down $118,872 (-5.1%) from 2022

Operations
Liabilities / Revenue96th percentileNet Margin5th percentile

Revenue

Down

$169,031

Down $1,593,686 (-90%) from 2022

Expenses

Down

$287,903

Down $973,802 (-77%) from 2022

Net Income

Down

-$118,872

Down $619,884 (-124%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $703,456Liabilities 2011: $45,502Net Assets 2011: $657,9542011Assets 2013: $851,637Liabilities 2013: $236,949Net Assets 2013: $614,6882013Assets 2014: $749,640Liabilities 2014: $209,339Net Assets 2014: $540,3012014Assets 2015: $998,020Liabilities 2015: $371,411Net Assets 2015: $626,6092015Assets 2016: $1,549,385Liabilities 2016: $825,818Net Assets 2016: $723,5672016Assets 2017: $1,328,579Liabilities 2017: $746,130Net Assets 2017: $582,4492017Assets 2018: $1,414,092Liabilities 2018: $450,114Net Assets 2018: $963,9782018Assets 2019: $1,384,041Liabilities 2019: $485,745Net Assets 2019: $898,2962019Assets 2020: $2,622,676Liabilities 2020: $188,965Net Assets 2020: $2,433,7112020Assets 2021: $3,144,791Liabilities 2021: $1,314,705Net Assets 2021: $1,830,0862021Assets 2022: $3,597,898Liabilities 2022: $1,266,800Net Assets 2022: $2,331,0982022Assets 2023: $3,019,019Liabilities 2023: $806,793Net Assets 2023: $2,212,2262023

Highlighted filing

2023

Assets$3,019,019
Liabilities$806,793
Net Assets$2,212,226
Open 2023 Filing

Operations Trend

Revenue Growth1st percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $1,299,4372011Expenses 2013: $1,848,7252013Revenue 2014: $1,799,319Expenses 2014: $1,873,706Net Income 2014: -$74,3872014Revenue 2015: $1,928,864Expenses 2015: $1,842,556Net Income 2015: $86,3082015Revenue 2016: $2,544,038Expenses 2016: $2,385,352Net Income 2016: $158,6862016Revenue 2017: $2,446,498Expenses 2017: $2,587,616Net Income 2017: -$141,1182017Revenue 2018: $3,027,828Expenses 2018: $2,646,299Net Income 2018: $381,5292018Revenue 2019: $2,468,934Expenses 2019: $2,534,616Net Income 2019: -$65,6822019Revenue 2020: $3,764,063Expenses 2020: $2,228,648Net Income 2020: $1,535,4152020Revenue 2021: $2,728,895Expenses 2021: $3,332,520Net Income 2021: -$603,6252021Revenue 2022: $1,762,717Expenses 2022: $1,261,705Net Income 2022: $501,0122022Revenue 2023: $169,031Expenses 2023: $287,903Net Income 2023: -$118,8722023

Highlighted filing

2023

Revenue$169,031
Expenses$287,903
Net Income-$118,872
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,019,019
Liabilities
$806,793
Net assets
$2,212,226
Revenue
$169,031
Expenses
$287,903
Net income
-$118,872
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$3.02$0.81$2.21$0.17$0.29$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.60$1.27$2.33$1.76$1.26$0.50
2021Detailed filing. Detailed filing data is available for this year.$3.14$1.31$1.83$2.73$3.33$0.60
2020Detailed filing. Detailed filing data is available for this year.$2.62$0.19$2.43$3.76$2.23$1.54
2019Detailed filing. Detailed filing data is available for this year.$1.38$0.49$0.90$2.47$2.53$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.41$0.45$0.96$3.03$2.65$0.38
2017Detailed filing. Detailed filing data is available for this year.$1.33$0.75$0.58$2.45$2.59$0.14
2016Detailed filing. Detailed filing data is available for this year.$1.55$0.83$0.72$2.54$2.39$0.16
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.37$0.63$1.93$1.84$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.21$0.54$1.80$1.87$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.24$0.61$1.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.05$0.66$1.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$169,031
Mission and Program Overview

Mission

To promote and assist, whether financially or otherwise, the activities of the louisville and jefferson county workforce investment board, inc., d/b/a kentuckianaworks, and to raise funds and coordinate efforts that encourage louisville area residents to raise their educational attainment levels.

Administers federal grants and private contributions for workforce development, educational assistance and other related programs for the greater louisville region consisting of jefferson, bullitt, henry, oldham, spencer, shelby and trimble counties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,850,759$3,019,019▲ $168,260
Pledges and Grants Receivable$83,445--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$3,597,898$3,019,019▼ $578,879
Other Assets Total$663,694$0▼ $663,694
Liabilities
Other Liabilities$1,257,315$806,793▼ $450,522
Accounts Payable and Accrued Expenses$9,485$0▼ $9,485
Total Liabilities$1,266,800$806,793▼ $460,007
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$568,411$2,212,226▲ $1,643,815
Net Assets With Donor Restrictions$1,762,687$0▼ $1,762,687
Total Net Assets Fund Balance$2,331,098$2,212,226▼ $118,872
Total Liabilities and Net Assets / Fund Balance$3,597,898$3,019,019▼ $578,879

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$113,028$113,028
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Michael GrittonExecutive DirectorPT$131,036$131,036

Board Members and Trustees

NameTitle
Cindy ReadDeputy Director
Tony GeorgesDirector
Dana MoorerChief Financial and Admin

Highest Paid Contractors

ContractorServicesLocationCompensation
Ahead Human ResourcesEmployer/payroll Services2209 HEATHER LANE, Louisville, KY 40218$137,055
Revenue and Support

Revenue Composition

Contributions and Grants
$169,001
Program Service Revenue
$0
Investment Income
$30
Other Revenue
$0
All Other Contributions
$96
Change in Net Assets
$-118,872

Audited Revenue Reconciliation

Revenue per Audited Statements
$169,031
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$169,031
Total Revenue per Form 990
$169,031
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$287,903
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
Occupancy$11,031$6,841-$17,872
Office Expenses-$12,460-$12,460
Fees for Services Other-$10,051-$10,051
Other Expenses$134,393$2,660-$2,660
Travel$35$1,185-$1,220
Total Functional Expenses$145,459$142,444$0$287,903

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$287,903
Total Expenses per Audited Statements$287,903
Total Expenses per Form 990$287,903
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$732,977
Due to Kentuckianaworks$73,816
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
No

Governance Explanations

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

“The form 990 is reviewed by internal management. A copy of the form 990 is provided to the entire governing body prior to filing.”

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

“Annually, board members must complete a financial disclosure statement and return it to the louisville metro government. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. After exercising due diligence, the governing board or committee shall determine whether the kentuckianaworks foundation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the kentuckianaworks foundation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, or financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Kentuckianaworks Foundation Inc
EIN
37-1508088
Phone
5025743145
Address
410 W CHESTNUT STREET 200, LOUISVILLE, KY 40202

Signing Officer

Name
Michael Gritton
Title
Executive Director
Phone
5025743145
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Gritton
Formed
2005
Legal Domicile
Ky
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
4

Preparer

Firm
Lbmc Pc
Address
325 WEST MAIN STREET STE 1600, LOUISVILLE, KY 40202
Preparer
William G Meyer Iii
Phone
5025851600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization is a not-for-profit organization exempt from tax under the provisions of section 501(c)(3) of the internal revenue code. Accordingly, no provision for income tax is included in the financial statements. The organization recognizes uncertain income tax positions using the "more-likely-than-not" approach as defined in the accounting standards codification. No liability for uncertain income tax provisions has been recorded in the accompanying financial statements.”

Raw XML Appendix388 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09485
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ADMINISTERS FEDERAL GRANTS AND PRIVATE CONTRIBUTIONS FOR WORKFORCE DEVELOPMENT, EDUCATIONAL ASSISTANCE AND OTHER RELATED PROGRAMS FOR THE GREATER LOUISVILLE REGION CONSISTING OF JEFFERSON, BULLITT, HENRY, OLDHAM, SPENCER, SHELBY AND TRIMBLE COUNTIES.
IRS990/AllOtherContributionsAmt096
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DANA MOORER
IRS990/BooksInCareOfDetail/PhoneNum05025742500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0410 WEST CHESTNUT NO 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOUISVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040202
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02850759
IRS990/CashNonInterestBearingGrp/EOYAmt03019019
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0137055
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02209 HEATHER LANE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0LOUISVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0KY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd040218
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0AHEAD HUMAN RESOURCES
IRS990/ContractorCompensationGrp/ServicesDesc0EMPLOYER/PAYROLL SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0169001
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt030
IRS990/CYOtherExpensesAmt0287903
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-118872
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0287903
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0169031
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE ORGANIZATION CONTINUED TO PROMOTE AND ASSIST, WHETHER FINANCIALLY OR OTHERWISE, THE ACTIVITIES OF THE GREATER LOUISVILLE WORKFORCE DEVELOPMENT BOARD, INC. D/B/A KENTUCKIANAWORKS, AND TO RAISE FUNDS AND COORDINATE EFFORTS THAT ENCOURAGE LOUISVILLE AREA RESIDENTS TO RAISE THEIR EDUCATIONAL ATTAINMENT LEVELS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01762687
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0145459
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010051
IRS990/FeesForServicesOtherGrp/TotalAmt010051
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0TONY GEORGES
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL GRITTON
IRS990/Form990PartVIISectionAGrp/PersonNm2DANA MOORER
IRS990/Form990PartVIISectionAGrp/PersonNm3CINDY READ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1131036
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF FINANCIAL AND ADMIN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DEPUTY DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GovernmentGrantsAmt0168905
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0169031
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt030
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt030
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0113028
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0113028
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE AND ASSIST, WHETHER FINANCIALLY OR OTHERWISE, THE ACTIVITIES OF THE GREATER LOUISVILLE WORKFORCE DEVELOPMENT BOARD, INC. D/B/A KENTUCKIANAWORKS, AND TO RAISE FUNDS AND COORDINATE EFFORTS THAT ENCOURAGE LOUISVILLE AREA RESIDENTS TO RAISE THEIR EDUCATIONAL ATTAINMENT LEVELS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02331098
IRS990/NetAssetsOrFundBalancesEOYAmt02212226
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0568411
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02212226
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06841
IRS990/OccupancyGrp/ProgramServicesAmt011031
IRS990/OccupancyGrp/TotalAmt017872
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012460
IRS990/OfficeExpensesGrp/TotalAmt012460
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0663694
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACTOR EXPENSE
IRS990/OtherExpensesGrp/Desc1REIMBURSED WAGES
IRS990/OtherExpensesGrp/Desc2TRAINING AND EDUCATION
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0109247
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12660
IRS990/OtherExpensesGrp/ProgramServicesAmt0134393
IRS990/OtherExpensesGrp/TotalAmt0134393
IRS990/OtherExpensesGrp/TotalAmt1109247
IRS990/OtherExpensesGrp/TotalAmt22660
IRS990/OtherLiabilitiesGrp/BOYAmt01257315
IRS990/OtherLiabilitiesGrp/EOYAmt0806793
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt083445
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL GRITTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01762687
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030
IRS990/PYOtherExpensesAmt01261705
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0501012
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01261705
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01762717
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-118872
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0320049006
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0GREATER LOUISVILLE'S WORKFORCE DEVELOPMENT BOARD
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113028
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0113028
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0287903
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0732977
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt173816
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO KENTUCKIANAWORKS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0169031
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAX IS INCLUDED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ACCOUNTING STANDARDS CODIFICATION. NO LIABILITY FOR UNCERTAIN INCOME TAX PROVISIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0287903
IRS990ScheduleD/TotalLiabilityAmt0806793
IRS990ScheduleD/TotalRevenuePerForm990Amt0169031
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0169031
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0287903
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY INTERNAL MANAGEMENT. A COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE GOVERNING BODY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY, BOARD MEMBERS MUST COMPLETE A FINANCIAL DISCLOSURE STATEMENT AND RETURN IT TO THE LOUISVILLE METRO GOVERNMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE KENTUCKIANAWORKS FOUNDATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE KENTUCKIANAWORKS FOUNDATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0LOU JEFF CO METRO GOVERNMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GREATER LOUISVILLE'S WORKFORCE DEVELOPMENT BOARD DBA KENTUCKIANAWORKS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0115(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE PUBLIC LEADERSHIP FOR A SKILLED AND EDUCATED WORKFORCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0410 WEST CHESTNUT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LOUSVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd040202
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03597898
IRS990/TotalAssetsEOYAmt03019019
IRS990/TotalAssetsGrp/BOYAmt03597898
IRS990/TotalAssetsGrp/EOYAmt03019019
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0169001
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0142444
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0145459
IRS990/TotalFunctionalExpensesGrp/TotalAmt0287903
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01266800
IRS990/TotalLiabilitiesEOYAmt0806793
IRS990/TotalLiabilitiesGrp/BOYAmt01266800
IRS990/TotalLiabilitiesGrp/EOYAmt0806793
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02331098
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02212226
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0145459
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt030
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0169031
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03597898
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03019019
IRS990/TotReportableCompRltdOrgAmt0131036
IRS990/TravelGrp/ManagementAndGeneralAmt01185
IRS990/TravelGrp/ProgramServicesAmt035
IRS990/TravelGrp/TotalAmt01220
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0410 W CHESTNUT STREET 200
IRS990/USAddress/CityNm0LOUISVILLE
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040202
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL GRITTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05025743145
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KENTUCKIANAWORKS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KENT
ReturnHeader/Filer/EIN0371508088
ReturnHeader/Filer/PhoneNum05025743145
ReturnHeader/Filer/USAddress/AddressLine1Txt0410 W CHESTNUT STREET 200
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040202
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621199757
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LBMC PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0325 WEST MAIN STREET STE 1600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040202
ReturnHeader/PreparerPersonGrp/PhoneNum05025851600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM G MEYER III
ReturnHeader/ReturnTs02024-05-15T15:27:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GRITTON
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.