Civic Intelligence

Kentucky Valley Educational Cooperative

990 • Fiscal year 2017 • EIN 61-0729917

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 07, 2018

Organization Profile
412 Roy Campbell DriveHazard, KY 41701

(606) 436-3161

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.36x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

36th percentile

0.10x

Higher debt load relative to revenue than 36% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

44th percentile

1.4%

Higher net margin than 44% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

61st percentile

$144,555

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

52nd percentile

4.6%

Faster asset growth than 52% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$2,474,142

Up $108,081 (+4.6%) from 2016

Net Assets

Up

$1,572,617

Up $129,116 (+8.9%) from 2016

Liabilities

Down

$901,525

Down $21,035 (-2.3%) from 2016

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin44th percentile

Revenue

Up

$9,426,650

Up $913,881 (+11%) from 2016

Expenses

Up

$9,297,534

Up $529,824 (+6.0%) from 2016

Net Income

Up

$129,116

Up $384,057 (+151%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,080,134Liabilities 2011: $118,064Net Assets 2011: $962,0702011Assets 2012: $1,501,248Liabilities 2012: $289,945Net Assets 2012: $1,211,3032012Assets 2013: $1,980,913Liabilities 2013: $240,468Net Assets 2013: $1,740,4452013Assets 2014: $2,759,940Liabilities 2014: $1,210,740Net Assets 2014: $1,549,2002014Assets 2015: $2,761,106Liabilities 2015: $1,062,664Net Assets 2015: $1,698,4422015Assets 2016: $2,366,061Liabilities 2016: $922,560Net Assets 2016: $1,443,5012016Assets 2017: $2,474,142Liabilities 2017: $901,525Net Assets 2017: $1,572,6172017Assets 2018: $5,023,135Liabilities 2018: $1,077,050Net Assets 2018: $3,946,0852018Assets 2019: $6,630,396Liabilities 2019: $502,166Net Assets 2019: $6,128,2302019Assets 2020: $6,630,396Liabilities 2020: $502,166Net Assets 2020: $6,128,2302020

Highlighted filing

2017

Assets$2,474,142
Liabilities$901,525
Net Assets$1,572,617
Open 2017 Filing

Operations Trend

Revenue Growth64th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,296,315Expenses 2011: $4,271,511Net Income 2011: $24,8042011Revenue 2012: $5,962,996Expenses 2012: $5,759,015Net Income 2012: $203,9812012Revenue 2013: $4,701,463Expenses 2013: $4,180,418Net Income 2013: $521,0452013Revenue 2014: $6,099,222Expenses 2014: $6,293,351Net Income 2014: -$194,1292014Revenue 2015: $9,943,836Expenses 2015: $9,801,600Net Income 2015: $142,2362015Revenue 2016: $8,512,769Expenses 2016: $8,767,710Net Income 2016: -$254,9412016Revenue 2017: $9,426,650Expenses 2017: $9,297,534Net Income 2017: $129,1162017Revenue 2018: $12,131,174Expenses 2018: $9,766,022Net Income 2018: $2,365,1522018Revenue 2019: $12,855,041Expenses 2019: $10,672,896Net Income 2019: $2,182,1452019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020

Highlighted filing

2017

Revenue$9,426,650
Expenses$9,297,534
Net Income$129,116
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 7, 2018
Return Version
2016v3.0
Gross Receipts
$9,426,650
Mission and Program Overview

Mission

Kvec serves 19 local boards of education by providing payroll and professional development services, technology support, and adminstration of federal/state grants

Kvec serves local boards of education by providing payroll and professional development service technology support and adminstration of federal and state grants

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,145,454$1,873,793▼ $271,661
Accounts Receivable$218,636$600,228▲ $381,592
Other Notes and Loans Receivable, Net$1,971$121▼ $1,850
Total Assets$2,366,061$2,474,142▲ $108,081
Liabilities
Accounts Payable and Accrued Expenses$922,560$901,525▼ $21,035
Total Liabilities$922,560$901,525▼ $21,035
Net Assets / Fund Balance
Unrestricted Net Assets$1,443,501$1,572,617▲ $129,116
Total Net Assets Fund Balance$1,443,501$1,572,617▲ $129,116
Total Liabilities and Net Assets / Fund Balance$2,366,061$2,474,142▲ $108,081
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff HawkinsExecutive DirectorFT$119,719$24,836$144,555

Board Members and Trustees

NameTitle
Dr J EvansBoard Chair
Anthony LittleBoard Member
Coy SamonsBoard Member
David GibsonBoard Member
Dr BobrowskiBoard Member
Dr H WebbBoard Member
James YountBoard Member
Jerry GreenBoard Member
Johathan JettBoard Member
Kenny BellBoard Member
Kim KingBoard Member
Mike GentonBoard Member
Mike HowardBoard Member
Reed AdkingBoard Member
Sandra JohnsonBoard Member
Steve MartinBoard Member
Tom SalyerBoard Member
Tony SergentBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$8,823,486
Program Service Revenue
$598,694
Investment Income
$4,470
Other Revenue
$0
Change in Net Assets
$129,116

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,426,650
Total Revenue per Audited Statements
$9,426,650
Total Revenue per Form 990
$9,426,650
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,925,729
Salaries, Compensation, and Employee Benefits$2,371,805
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$4,898,937$69,784-$4,968,721
Other Salaries and Wages$2,225,203--$2,225,203
Other Expenses---$807,322
Travel$307,755$1,028-$308,783
Current Officers, Directors, Trustees, and Key Employees$85,317$61,285-$146,602
Office Expenses$2,417$24,942-$27,359
Conferences and Meetings$26,764--$26,764
Total Functional Expenses$9,067,739$229,795$0$9,297,534

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,297,534
Total Expenses per Audited Statements$9,297,534
Total Expenses per Form 990$9,297,534
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
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 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

Part VI Section B Line 11B

“The business manager and executive director review the tax return and approve prior to submission to the irs”

Part VI Section B Line 12C

“Vendors are pre-approved by the board of directors employees monitor the vendor list to ensure compliance the board deals with conflict of interest issues at meetings”

Part VI Section C Line 19

“Kvec makes its governing documents, policies and financial information available to the public upon request to the business office”

Filing and Contact Details

Filer

Filer Name
Kentucky Valley Educational
EIN
61-0729917
Phone
6064363161
Address
412 ROY CAMPBELL DRIVE, Hazard, KY 41701

Signing Officer

Name
Jeff Hawkins
Title
Executive Director
Signed
2018-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Hawkins
Legal Domicile
Ky
Voting Board Members
19
Independent Board Members
19
Employees
40

Preparer

Firm
Morgan and Associates LLC
Address
749 BROADWAY STREET, WEST LIBERTY, KY 41472
Preparer
Brenda K Morgan CPA
Phone
6067431884
Raw XML AppendixShowing 400 of 432 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0922560
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0901525
IRS990/AccountsReceivableGrp/BOYAmt0218636
IRS990/AccountsReceivableGrp/EOYAmt0600228
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0KVEC SERVES LOCAL BOARDS OF EDUCATION BY PROVIDING PAYROLL AND PROFESSIONAL DEVELOPMENT SERVICE TECHNOLOGY SUPPORT AND ADMINSTRATION OF FEDERAL AND STATE GRANTS
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt069784
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04898937
IRS990/AllOtherExpensesGrp/TotalAmt04968721
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ASHLEY PARKER
IRS990/BooksInCareOfDetail/PhoneNum06064391119
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0ROY CAMPBELL DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0HAZARD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd041701
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt061285
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt085317
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0146602
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt026764
IRS990/ConferencesMeetingsGrp/TotalAmt026764
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08823486
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04470
IRS990/CYOtherExpensesAmt06925729
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0598694
IRS990/CYRevenuesLessExpensesAmt0129116
IRS990/CYSalariesCompEmpBnftPaidAmt02371805
IRS990/CYTotalExpensesAmt09297534
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09426650
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0KVEC SERVES 19 LOCAL BOARDS OF EDUCATION BY PROVIDING PAYROLL AND
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt040
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt09067739
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt180
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt172
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1824836
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID GIBSON
IRS990/Form990PartVIISectionAGrp/PersonNm2DR H WEBB
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES YOUNT
IRS990/Form990PartVIISectionAGrp/PersonNm4SANDRA JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm5MIKE GENTON
IRS990/Form990PartVIISectionAGrp/PersonNm6TOM SALYER
IRS990/Form990PartVIISectionAGrp/PersonNm7ANTHONY LITTLE
IRS990/Form990PartVIISectionAGrp/PersonNm8KIM KING
IRS990/Form990PartVIISectionAGrp/PersonNm9DR J EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm10TONY SERGENT
IRS990/Form990PartVIISectionAGrp/PersonNm11DR BOBROWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm12COY SAMONS
IRS990/Form990PartVIISectionAGrp/PersonNm13STEVE MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHATHAN JETT
IRS990/Form990PartVIISectionAGrp/PersonNm15REED ADKING
IRS990/Form990PartVIISectionAGrp/PersonNm16JERRY GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm17KENNY BELL
IRS990/Form990PartVIISectionAGrp/PersonNm18JEFF HAWKINS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18119719
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GovernmentGrantsAmt08823486
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt09426650
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt019
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt04470
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04470
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt059
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0KVEC SERVES 19 LOCAL BOARDS OF EDUCATION BY PROVIDING PAYROLL AND PROFESSIONAL DEVELOPMENT SERVICES, TECHNOLOGY SUPPORT, AND ADMINSTRATION OF FEDERAL/STATE GRANTS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01443501
IRS990/NetAssetsOrFundBalancesEOYAmt01572617
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt024942
IRS990/OfficeExpensesGrp/ProgramServicesAmt02417
IRS990/OfficeExpensesGrp/TotalAmt027359
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/TotalAmt0503067
IRS990/OtherExpensesGrp/TotalAmt1260101
IRS990/OtherExpensesGrp/TotalAmt223612
IRS990/OtherExpensesGrp/TotalAmt3807322
IRS990/OtherOrganizationDsc0ED COOP
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02225203
IRS990/OtherSalariesAndWagesGrp/TotalAmt02225203
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01971
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0121
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JEFF HAWKINS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE TO DISTRICT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0598694
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0598694
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07753788
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt09345
IRS990/PYOtherExpensesAmt07095270
IRS990/PYProgramServiceRevenueAmt0749636
IRS990/PYRevenuesLessExpensesAmt0-254941
IRS990/PYSalariesCompEmpBnftPaidAmt01672440
IRS990/PYTotalExpensesAmt08767710
IRS990/PYTotalRevenueAmt08512769
IRS990/ReconcilationRevenueExpnssAmt0129116
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02145454
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01873793
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08823486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07753788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08936384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04945185
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03159670
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt033618513
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04470
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09345
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02620
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08257
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04215
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt028907
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05036520
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99910
IRS990ScheduleA/PublicSupportPY170Pct00.99900
IRS990ScheduleA/PublicSupportTotal170Amt033618513
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08823486
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07753788
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08936384
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04945185
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03159670
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt033618513
IRS990ScheduleA/TotalSupportAmt033647420
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt09297534
IRS990ScheduleD/RevenueSubtotalAmt09426650
IRS990ScheduleD/TotalExpensesPerForm990Amt09297534
IRS990ScheduleD/TotalRevenuePerForm990Amt09426650
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09426650
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09297534
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BUSINESS MANAGER AND EXECUTIVE DIRECTOR REVIEW THE TAX RETURN AND APPROVE PRIOR TO SUBMISSION TO THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VENDORS ARE PRE-APPROVED BY THE BOARD OF DIRECTORS EMPLOYEES MONITOR THE VENDOR LIST TO ENSURE COMPLIANCE THE BOARD DEALS WITH CONFLICT OF INTEREST ISSUES AT MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2KVEC MAKES ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST TO THE BUSINESS OFFICE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI SECTION B LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI SECTION B LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI SECTION C LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02366061
IRS990/TotalAssetsEOYAmt02474142
IRS990/TotalAssetsGrp/BOYAmt02366061
IRS990/TotalAssetsGrp/EOYAmt02474142
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt08823486
IRS990/TotalEmployeeCnt040
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0229795
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt09067739
IRS990/TotalFunctionalExpensesGrp/TotalAmt09297534
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0922560
IRS990/TotalLiabilitiesEOYAmt0901525
IRS990/TotalLiabilitiesGrp/BOYAmt0922560
IRS990/TotalLiabilitiesGrp/EOYAmt0901525
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01443501
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01572617
IRS990/TotalOtherCompensationAmt024836
IRS990/TotalProgramServiceExpensesAmt09067739
IRS990/TotalProgramServiceRevenueAmt0598694
IRS990/TotalReportableCompFromOrgAmt0119719
IRS990/TotalRevenueGrp/ExclusionAmt04470
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0598694
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09426650
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02366061
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02474142
IRS990/TravelGrp/ManagementAndGeneralAmt01028
IRS990/TravelGrp/ProgramServicesAmt0307755
IRS990/TravelGrp/TotalAmt0308783
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01443501
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01572617
IRS990/USAddress/AddressLine1Txt0412 ROY CAMPBELL DRIVE
IRS990/USAddress/CityNm0HAZARD
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd041701
IRS990/VotingMembersGoverningBodyCnt019
IRS990/VotingMembersIndependentCnt019
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,474,142
Liabilities
$901,525
Net assets
$1,572,617
Revenue
$9,426,650
Expenses
$9,297,534
Net income
$129,116
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$6.63$0.50$6.13$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$6.63$0.50$6.13$12.9$10.7$2.18
2018Detailed filing. Detailed filing data is available for this year.$5.02$1.08$3.95$12.1$9.77$2.37
2017Detailed filing. Detailed filing data is available for this year.$2.47$0.90$1.57$9.43$9.30$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.37$0.92$1.44$8.51$8.77$0.25
2015Detailed filing. Detailed filing data is available for this year.$2.76$1.06$1.70$9.94$9.80$0.14
2014Detailed filing. Detailed filing data is available for this year.$2.76$1.21$1.55$6.10$6.29$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.24$1.74$4.70$4.18$0.52
2012Summary only. Only limited summary data is available for this year.$1.50$0.29$1.21$5.96$5.76$0.20
2011Summary only. Only limited summary data is available for this year.$1.08$0.12$0.96$4.30$4.27$0.02