Civic Intelligence

Beyond Blue Corporation

EIN 37-1730253 • 501(c)3 • Lexington, KY

Profile

Beyond Blue Corporation is organized to coordinate and develop operational activities of the University of Kentucky for it's health care programs that will be conducted outside of the Commonwealth of Kentucky while supporting the University's mission of teaching research and service. No other clinical services were provided in any of the six 6 states in which the Corporation has been authorized to conduct business. The University of Kentucky University continues clinical opportunities with providers in Ohio Tennessee Indiana and West Virginia.

301 Main BuildingLexington, KY 40506

n/A

Siviq Scores

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

Liabilities / Assets

69th percentile

0.22x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

100th percentile

$1,825,423

Higher top officer pay than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

3rd percentile

-78%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,702,346

Down $9,788,658 (-78%) from 2023

Liabilities

Up

$588,209

Up $512,848 (+681%) from 2023

Net Assets

Down

$2,114,137

Down $10,301,506 (-83%) from 2023

Revenue

Down

$0

Down $7,902,854 (-100%) from 2023

Expenses

Up

$10,301,506

Up $6,297,007 (+157%) from 2023

Net Income

Down

-$10,301,506

Down $14,199,861 (-364%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2014: $27,298Liabilities 2014: $0Net Assets 2014: $27,2982014Assets 2015: $26,474Liabilities 2015: $0Net Assets 2015: $26,4742015Assets 2016: $26,163Liabilities 2016: $0Net Assets 2016: $26,1632016Assets 2017: $25,713Liabilities 2017: $0Net Assets 2017: $25,7132017Assets 2018: $32,955Liabilities 2018: $554Net Assets 2018: $32,4012018Assets 2019: $109,729Liabilities 2019: $83,564Net Assets 2019: $26,1652019Assets 2020: $123,917Liabilities 2020: $97,902Net Assets 2020: $26,0152020Assets 2021: $2,739,202Liabilities 2021: $2,713,354Net Assets 2021: $25,8482021Assets 2022: $2,819,725Liabilities 2022: $2,794,159Net Assets 2022: $25,5662022Assets 2023: $12,491,004Liabilities 2023: $75,361Net Assets 2023: $12,415,6432023Assets 2024: $2,702,346Liabilities 2024: $588,209Net Assets 2024: $2,114,1372024

Highlighted filing

2024

Assets$2,702,346
Liabilities$588,209
Net Assets$2,114,137

Operations Trend

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

$20M$10M$0-$10M-$20MRevenue 2014: $30,000Expenses 2014: $2,702Net Income 2014: $27,2982014Revenue 2015: $0Expenses 2015: $824Net Income 2015: -$8242015Revenue 2016: $0Expenses 2016: $311Net Income 2016: -$3112016Revenue 2017: $0Expenses 2017: $450Net Income 2017: -$4502017Revenue 2018: $25,532Expenses 2018: $18,844Net Income 2018: $6,6882018Revenue 2019: $107,895Expenses 2019: $114,131Net Income 2019: -$6,2362019Revenue 2020: $302,249Expenses 2020: $302,249Net Income 2020: $02020Revenue 2021: $2,978,892Expenses 2021: $2,979,059Net Income 2021: -$1672021Revenue 2022: $11,278,597Expenses 2022: $11,278,879Net Income 2022: -$2822022Revenue 2023: $7,902,854Expenses 2023: $4,004,499Net Income 2023: $3,898,3552023Revenue 2024: $0Expenses 2024: $10,301,506Net Income 2024: -$10,301,5062024

Highlighted filing

2024

Revenue$0
Expenses$10,301,506
Net Income-$10,301,506

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$0
Mission and Program Overview

Mission

Beyond Blue Corporation is organized to coordinate and develop operational activities of the University of Kentucky for it's health care programs that will be conducted outside of the Commonwealth of Kentucky, while supporting the University's mission of teaching, research, and service. No other clinical services were provided in any of the six (6) states in which the Corporation has been authorized to conduct business. The University of Kentucky (University) continues clinical opportunities with providers in Ohio, Tennessee, Indiana, and West Virginia.

Beyond blue corporation is organized to coordinate and develop operational activities of the university of kentucky for its health care programs that will be conducted outside of the commonwealth of kentucky while supporting the university's mission of teaching, research and service. No other clinical services were provided in any of the six states in which the corporation has been authorized to conduct business. The university of kentucky continues clinical opportunities with providers in ohio, tennessee, indiana, and west virginia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,365,944$2,537,299▼ $8,828,645
Accounts Receivable$995,646$93,853▼ $901,793
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$12,491,004$2,702,346▼ $9,788,658
Other Assets Total$129,414$71,194▼ $58,220
Liabilities
Accounts Payable and Accrued Expenses$75,361$588,209▲ $512,848
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$75,361$588,209▲ $512,848
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,415,643$2,114,137▼ $10,301,506
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$12,415,643$2,114,137▼ $10,301,506
Total Liabilities and Net Assets / Fund Balance$12,491,004$2,702,346▼ $9,788,658
Compensation and Service Providers

Board Members and Trustees

NameTitle
Eric MondayPresident
Mark NewmanFormer Vice President
Robert S DipaolaVice President
Charles H GriffithDirector
Gina DugusDirector
Mark D BirdwhistellDirector
William E ThroSecretary
Craig CollinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-10,301,506
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,577,858
Grants and Similar Amounts Paid$723,648
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$723,648--$723,648
Other Expenses$504,017$0$0$504,017
Total Functional Expenses$10,301,506$0$0$10,301,506
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of KentuckyLexington, KYGOV'TProgram Support$723,648

International Summary

Offices
0
Employees
1
Spending
$235,266

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanProgram ServicesOffshore Captive Management01$235,266
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

Eric Monday - Business relationship, Mark Newman - Business relationship, Craig Collins - Business relationship, William E Thro - Business relationship, Mark D Birdwhistell - Business relationship, Robert S DiPaola - Business relationship, Gina Dugus - Business relationship, Charles H Griffith - Business relationship

Form 990, Part VI, Line 6 Classes of members or stockholders

The sole member of the organization is the University of Kentucky.

Form 990, Part VI, Line 11B Review of form 990 by governing body

University of kentucky finance personnel prepare and review the form 990. The form 990 is also reviewed by an independent certified public accounting firm. The return is provided to board officers prior to filing the return with the internal revenue service. The return is provided to all board members after the return is filed.

Form 990, Part VI, Line 12C Conflict of interest policy

The organization is administered in accordance with policies and procedures that govern the university of kentucky. The university's ethical principles and code of conduct defines the university's core value and establishes guidelines for professional conduct including conflict of interest. All university members shall avoid conduct that might in any way lead members of the general public to conclude that he or she is using an official position to further professional or private interests or the interests of any members of his or her family. In conducting or participating in any transaction, full disclosure of any real or perceived conflict with personal interests and removal from further participation in such matters is required. Administrative regulation 7:2 financial conflicts of interest in research and administrative regulation 7:9 institutional conflicts of interest involving research - sets forth specific relationships and activities that pose a potential conflict of interest for faculty, staff, and students involved in research and related activities, after disclosure, the university can make an informed judgement about a particular activityand require appropriate oversight, limitations, or prohibitions in accord with this policy.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

The university president's compensation is established and approved by the board of trustees of the university of kentucky. The president is offered a multi-year contract which outlines base salary, variable pay, benefits and other perquisites. This total compensation package is benchmarked with other land grant institutions with academic medical centers.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

The university employs executives and athletic coaches in non-graded exempt positions. Other than the president, these executives/coaches are presented with an offer letter that outlines their base salary, variable pay (if applicable) and perquisites. Employee benefits other than retirement contributions are offered at the same level as staff employees. Retirement contributions by the institution for senior executives may be at a higher (e.g. 15% employer contribution) for some executives. Base salaries and variable pay are benchmarked with the universities' benchmark institutions, in addition to regional and national health care and business entities. Total compensation offered to these executive individuals and coaches is approved by the president of the university or his designee, athletics director if coach compensation is less than $75,000.

Form 990, Part VI, Line 19 Required documents available to the public

Governing documents, policies and financial statements are disclosed on the university of kentucky's website. The organization is administered in accordance with policies and procedures that govern the university of kentucky. The university's administrative regulations and policies are published on the university's website at www.uky.edu. The organization's financial statements are available at https://ufs.uky.edu/financial-statements.

Filing and Contact Details

Filer

Filer Name
Beyond Blue Corporation
EIN
37-1730253
Phone
8592573368
Address
301 Main Building, Lexington, KY 40506

Signing Officer

Name
Craig
Title
Collins
Phone
8592573368
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Ky
Voting Board Members
7
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Forvis Mazars LLP
Address
312 Walnut Street Suite 3000, Cincinnati, OH 45202
Preparer
Aaron Hershberger
Phone
5136218300
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IRS990/Desc0The Corporation has three professional service agreements with Cincinnati Children's Hospital to 1.) Engage in Cardiac Interventionists from time to time on a per diem basis or hourly basis. 2.) Pediatric Electrophysiology services for four days a month at least eight hours a day at an hourly rate and 3.) Advance Practice Provider which enables Cincinnati Children's Hospital to engage an Advanced Practice Provider from time to time on a per diem or hourly basis. A memorandum of agreement between the School Employees Retirement System of Ohio SERS and the Corporation for the University of Kentucky Know Your Rx Coalition was entered into effective January 1, 2020 to establish an agreement for the provision of Medication Therapy and related services including SERS Medicare Employer Group Waiver Plans and commercial insurance plan. THE UNIVERSITY OF KENTUCKY ENTERED INTO A PARTNERSHIP AGREEMENT WITH KING'S DAUGHTERS HEALTH SYSTEM ON APRIL 1, 2021. THE PARTNERSHIP CREATES NEW OPPORTUNITIES FOR BOTH ORGANIZATIONS TO BETTER SERVE PATIENTS THROUGHOUT KENTUCKY, SOUTHERN OHIO, AND WEST VIRGINIA BY EXPANDING THE DELIVERY OF SPECIALTY HEALTHCARE SERVICES THROUGHOUT THE REGION.
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