Civic Intelligence

Kentucky Charolais Association Inc

EIN 61-0671483 • 501(c)5 • Frankfort, KY

990-N Coverage

Profile

Promote the charolais breed of cattle in kentucky

645 Evergreen RoadFrankfort, KY 40601

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

27th percentile

-7.8%

Higher net margin than 27% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2022

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)5 • <$500k nonprofits • Source year 2022

Asset Growth

10th percentile

-39%

Faster asset growth than 10% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

15th percentile

-22%

Faster revenue growth than 15% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$3,956

Down $2,578 (-39%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$3,956

Down $2,578 (-39%) from 2021

Operations
Liabilities / RevenueScore unavailableNet Margin27th percentile

Revenue

Down

$32,940

Down $9,550 (-22%) from 2021

Expenses

Down

$35,518

Down $12,243 (-26%) from 2021

Net Income

Up

-$2,578

Up $2,693 (+51%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$15K$10K$5.0K$0Assets 2018: $11,366Liabilities 2018: $02018Assets 2019: $10,216Net Assets 2019: $10,2162019Assets 2020: $11,805Net Assets 2020: $11,8052020Assets 2021: $6,534Net Assets 2021: $6,5342021Assets 2022: $3,956Net Assets 2022: $3,9562022

Highlighted filing

2022

Assets$3,956
Liabilities-
Net Assets$3,956
Open 2022 Filing

Operations Trend

Revenue Growth15th percentile

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

$150K$100K$50K$0-$50KRevenue 2018: $121,072Expenses 2018: $126,003Net Income 2018: -$4,9312018Revenue 2019: $74,974Expenses 2019: $76,024Net Income 2019: -$1,0502019Revenue 2020: $52,499Expenses 2020: $50,910Net Income 2020: $1,5892020Revenue 2021: $42,490Expenses 2021: $47,761Net Income 2021: -$5,2712021Revenue 2022: $32,940Expenses 2022: $35,518Net Income 2022: -$2,5782022

Highlighted filing

2022

Revenue$32,940
Expenses$35,518
Net Income-$2,578
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,956
Liabilities
-
Net assets
$3,956
Revenue
$32,940
Expenses
$35,518
Net income
-$2,578
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.33$0.36$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.07$0.07$0.42$0.48$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.52$0.51$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.75$0.76$0.01
2018Summary only. Only limited summary data is available for this year.$0.11$0.00$1.21$1.26$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$32,940
Mission and Program Overview

Mission

Promote the charolais breed of cattle in kentucky

Program Services

DescriptionGrantsExpenses
KENTUCKY BEEF LIVESTOCK EXPOSITION. ANNUAL SHOW AND SALE AT WHICH KENTUCKY CHAROLAIS BREEDERS EXHIBIT AND SELL THEIR CATTLE.-$31,641
FALL LIVESTOCK SALE & KENTUCKY STATE FAIR. ANNUAL CATTLE SHOWS THAT PROMOTE THE CHAROLAIS BREED IN KENTUCKY. THE FALL LIVESTOCK SALE IS PRIMARILY FOR KENTUCKY BREEDERS. THE KENTUCKY CHAROLAIS ASSOCIATION SPONSORS THESE EVENTS BY ADVERTISING THEM STATEWIDE.-$1,975
NORTH AMERICAN INTERNATIONAL LIVESTOCK EXPOSITION (NAILE). ANNUAL EVENT AT WHICH CHAROLAIS BREEDERS COMPETE AND EXHIBIT THEIR LIVESTOCK. ORGANIZATION DID NOT PARTICIPATE IN THE 2021 EVENT.--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF HARRODPresident &-$0--
JACOB MILLERVice Preside-$0--
CHARLES DRUIN JRTreasurer &-$0--
DARBY MONTGOMERYDirector-$0--
JAMES HAYDENDirector-$0--
THAD HULETTEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Kentucky Charolais Association Inc
EIN
61-0671483
Phone
5023211160
Address
645 EVERGREEN ROAD, FRANKFORT, KY 40601

Signing Officer

Name
Charles Druin Jr
Title
Treasurer & Director
Phone
5023211160
Signed
2023-11-06
Discuss with paid preparer
Yes

Preparer

Firm
L BALLARD & COMPANY PSC CPA'S
Address
906 MAIN STREET, SHELBYVILLE, KY 40065-1313
Preparer
Steve P Becker CPA
Phone
5026331422
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising - beef expo 2,305 beef exposition consigner 25,975 beef exposition expenses 3,361 state show expenses 1,400 state fair expenses 575 total 33,616”

Form 990-ez, Part III, Line 30

“Fall livestock sale & kentucky state fair. Annual cattle shows that promote the charolais breed in kentucky. The fall livestock sale is primarily for kentucky breeders. The kentucky charolais association sponsors these events by advertising them statewide.”

Raw XML Appendix112 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CHARLES DRUIN JR
IRS990EZ/BooksInCareOfDetail/PhoneNum05023211160
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02291 DRANE LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0EMINENCE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040019
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06534
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03956
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06240
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2578
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0385
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06534
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03956
IRS990EZ/GrossReceiptsAmt032940
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06534
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03956
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06534
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03956
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFF HARROD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JACOB MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHARLES DRUIN JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DARBY MONTGOMERY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JAMES HAYDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5THAD HULETTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT &
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER &
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt033616
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE THE CHAROLAIS BREED OF CATTLE IN KENTUCKY
IRS990EZ/PrintingPublicationsPostageAmt01517
IRS990EZ/ProgramServiceRevenueAmt026700
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0KENTUCKY BEEF LIVESTOCK EXPOSITION. ANNUAL SHOW AND SALE AT WHICH KENTUCKY CHAROLAIS BREEDERS EXHIBIT AND SELL THEIR CATTLE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1NORTH AMERICAN INTERNATIONAL LIVESTOCK EXPOSITION (NAILE). ANNUAL EVENT AT WHICH CHAROLAIS BREEDERS COMPETE AND EXHIBIT THEIR LIVESTOCK. ORGANIZATION DID NOT PARTICIPATE IN THE 2021 EVENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2FALL LIVESTOCK SALE & KENTUCKY STATE FAIR. ANNUAL CATTLE SHOWS THAT PROMOTE THE CHAROLAIS BREED IN KENTUCKY. THE FALL LIVESTOCK SALE IS PRIMARILY FOR KENTUCKY BREEDERS. THE KENTUCKY CHAROLAIS ASSOCIATION SPONSORS THESE EVENTS BY ADVERTISING THEM STATEWIDE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt031641
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11975
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035518
IRS990EZ/TotalProgramServiceExpensesAmt033616
IRS990EZ/TotalRevenueAmt032940
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING - BEEF EXPO 2,305 BEEF EXPOSITION CONSIGNER 25,975 BEEF EXPOSITION EXPENSES 3,361 STATE SHOW EXPENSES 1,400 STATE FAIR EXPENSES 575 TOTAL 33,616
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FALL LIVESTOCK SALE & KENTUCKY STATE FAIR. ANNUAL CATTLE SHOWS THAT PROMOTE THE CHAROLAIS BREED IN KENTUCKY. THE FALL LIVESTOCK SALE IS PRIMARILY FOR KENTUCKY BREEDERS. THE KENTUCKY CHAROLAIS ASSOCIATION SPONSORS THESE EVENTS BY ADVERTISING THEM STATEWIDE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III, LINE 30
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES DRUIN JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER & DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05023211160
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KENTUCKY CHAROLAIS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KENT
ReturnHeader/Filer/EIN0610671483
ReturnHeader/Filer/PhoneNum05023211160
ReturnHeader/Filer/USAddress/AddressLine1Txt0645 EVERGREEN ROAD
ReturnHeader/Filer/USAddress/CityNm0FRANKFORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040601
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0610963325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0L BALLARD & COMPANY PSC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0906 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SHELBYVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0400651313
ReturnHeader/PreparerPersonGrp/PhoneNum05026331422
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE P BECKER CPA
ReturnHeader/ReturnTs02023-11-07T14:45:11-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHARLES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DRUIN JR
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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