Kentucky High School Athletic Association

“The 990 is reviewed and signed by the commissioner, any concerns are pursued for clarity with an accounting firm.”

“Management is responsible for making determinations of conflicts of interest in regards to employees. The board of control reviews all major contracts before they are entered into to determine if a potential conflict of interest may exist. If a contract is entered into with a board member or his/her firm the board member is required to submit his/her resignation to the board. However, the board may vote to reject the resignation if they do not feel a conflict exists.”

“The board of control and management receives compensation data each year from various sources, including associations to which the association belongs. This data provides industry specific information from comparable associations in order for the association to remain competitive and assure that the association's compensation is in line. The performance of the individual is a major factor in the decisions made by the board. The documentation reviewed by the board is retained.”

“All governing documents, conflict of interest policy and financial statements are available upon request or at www.khsaa.org.”

“The association employed 17 individuals during the 2023 calendar year. All of the association's employees are paid through the kentucky educational development corporation's (kedc) payroll and reported on kedc's w-3 and federal employment tax returns.”

“The association added two new sports during the fiscal year: indoor track and girls wrestling.”

“Team expenses and awards: program service expenses 337,960. Management and general expenses 0. Fundraising expenses 0. Total expenses 337,960. Clinic and officials' expenses: program service expenses 229,763. Management and general expenses 94,109. Fundraising expenses 0. Total expenses 323,872. Contract services: program service expenses 75,632. Management and general expenses 32,414. Fundraising expenses 0. Total expenses 108,046. Sponsorship expense: program service expenses 60,228. Management and general expenses 25,812. Fundraising expenses 0. Total expenses 86,040. Printing and publication: program service expenses 13,810. Management and general expenses 57,402. Fundraising expenses 0. Total expenses 71,212. Title ix education expense: program service expenses 36,009. Management and general expenses 15,432. Fundraising expenses 0. Total expenses 51,441. Audio visual expense: program service expenses 43,924. Management and general expenses 0. Fundraising expenses 0. Total expenses 43,924. Radio network: program service expenses 41,457. Management and general expenses 0. Fundraising expenses 0. Total expenses 41,457. Miscellaneous: program service expenses 22,046. Management and general expenses 3,195. Fundraising expenses 0. Total expenses 25,241. Staff development: program service expenses 0. Management and general expenses 17,577. Fundraising expenses 0. Total expenses 17,577. Repairs and maintenance: program service expenses 0. Management and general expenses 3,789. Fundraising expenses 0. Total expenses 3,789. Scholarships: program service expenses 2,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,500.”

“The process has not changed from the prior year. However, due to covid-19 and employee turnover, there have been delays in the audit for fiscal year ended june 30, 2024. The audit has not been completed, but the board of control will approve the audit once completed.”