Civic Intelligence

Kentucky Valley Educational Cooperative

990 • Fiscal year 2019 • EIN 61-0729917

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 19, 2019

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

62nd percentile

0.33x

Higher debt load relative to assets than 62% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

27th percentile

0.09x

Higher debt load relative to revenue than 27% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

80th percentile

21%

Higher net margin than 80% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

44th percentile

$160,000

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

2nd percentile

-34%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

37th percentile

-0.0%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$6,630,396

Up $1,607,261 (+32%) from 2018

Net Assets

Up

$6,128,230

Up $2,182,145 (+55%) from 2018

Liabilities

Down

$502,166

Down $574,884 (-53%) from 2018

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin80th percentile

Revenue

Up

$12,855,041

Up $723,867 (+6.0%) from 2018

Expenses

Up

$10,672,896

Up $906,874 (+9.3%) from 2018

Net Income

Down

$2,182,145

Down $183,007 (-7.7%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth2nd 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

2019

Assets$6,630,396
Liabilities$502,166
Net Assets$6,128,230
Open 2019 Filing

Operations Trend

Revenue Growth37th 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

2019

Revenue$12,855,041
Expenses$10,672,896
Net Income$2,182,145
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 19, 2019
Return Version
2018v3.1
Gross Receipts
$12,855,041
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 22 local boards of education by providing payroll and professional development services, technology support, and administration of federal state grants

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,929,177$5,623,190▲ $1,694,013
Accounts Receivable$1,093,837$1,007,085▼ $86,752
Inventories for Sale or Use$121$121→ $0
Total Assets$5,023,135$6,630,396▲ $1,607,261
Liabilities
Accounts Payable and Accrued Expenses$1,077,050$502,166▼ $574,884
Total Liabilities$1,077,050$502,166▼ $574,884
Net Assets / Fund Balance
Unrestricted Net Assets$2,763,434$5,488,868▲ $2,725,434
Temporarily Rstr Net Assets$1,182,651$639,362▼ $543,289
Total Net Assets Fund Balance$3,946,085$6,128,230▲ $2,182,145
Total Liabilities and Net Assets / Fund Balance$5,023,135$6,630,396▲ $1,607,261
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jeff HawkinsExec DirectorFT$160,000$160,000
Dessie BowlingAssistant Director-$145,000$145,000

Board Members and Trustees

NameTitle
Brent RoarkBoard Member
David GibsonBoard Member
James EvansBoard Member
Jerry GreenBoard Member
Jim YountBoard Member
Jonathan JettBoard Member
Kenny BellBoard Member
Kim KingBoard Member
Larry JamesBoard Member
Linda RainsBoard Member
Mike GentonBoard Member
Phillip WattsBoard Member
R FletcherBoard Member
Reed AdkinsBoard Member
Sandy JohnsonBoard Member
Scott HeltonBoard Member
Sean HowardBoard Member
Steve MartinBoard Member
Steven TrimbleBoard Member
Thom CochranBoard Member
Tim BobrowskiBoard Member
Tony SergentBoard Member
Ashley ParkerIncorporator
Revenue and Support

Revenue Composition

Contributions and Grants
$11,792,508
Program Service Revenue
$1,038,264
Investment Income
$24,269
Other Revenue
$0
Change in Net Assets
$2,182,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,942,988
Salaries, Compensation, and Employee Benefits$4,729,908
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,182,533$469,609-$3,652,142
All Other Expenses$2,316,247$67,564-$2,383,811
Other Employee Benefits$974,059$103,707-$1,077,766
Other Expenses$26,801$179,887-$206,688
Travel$159,293$13,816-$173,109
Conferences and Meetings$151,413$135-$151,548
Office Expenses$776$2,527-$3,303
Total Functional Expenses$9,829,811$843,085$0$10,672,896
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
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

Members or stockholder classes and rights Part VI line 6

“...”

Form 990 governing body review Part VI line 11

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

Conflict of interest policy compliance Part VI line 12C

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

Governing documents etc available to public Part VI 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
Address
412 ROY CAMPBELL DRIVE, HAZARD, KY 41701
Doing Business As
Cooperative

Signing Officer

Name
Ashley Parker
Title
Incorporator
Phone
6064363161
Signed
2019-11-19
Discuss with paid preparer
No

Organization Details

Formed
2017
Legal Domicile
Ky
Voting Board Members
22
Independent Board Members
22
Employees
48

Preparer

Firm
White & Associates PSC
Address
1407 Lexington Road, Richmond, KY 40475
Preparer
Rupert E White
Phone
8596243926
Supplemental Narrative

Additional Explanations

Amended return information

“Final audit completed amended tax return”

List of other expenses Part IX line 24E

“Contractual 2316247contractual 67564”

Raw XML AppendixShowing 400 of 511 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/BOYAmt01077050
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0502166
IRS990/AccountsReceivableGrp/BOYAmt01093837
IRS990/AccountsReceivableGrp/EOYAmt01007085
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0KVEC SERVES 22 LOCAL BOARDS OF EDUCATION BY PROVIDING PAYROLL AND PROFESSIONAL DEVELOPMENT SERVICES, TECHNOLOGY SUPPORT, AND ADMINISTRATION OF FEDERAL STATE GRANTS
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt067564
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02316247
IRS990/AllOtherExpensesGrp/TotalAmt02383811
IRS990/AmendedReturnInd0X
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ASHLEY PARKER
IRS990/BooksInCareOfDetail/PhoneNum06064363161
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0412 ROY CAMPBELL DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0HAZARD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd041701
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0135
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0151413
IRS990/ConferencesMeetingsGrp/TotalAmt0151548
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011792508
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt024269
IRS990/CYOtherExpensesAmt05942988
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01038264
IRS990/CYRevenuesLessExpensesAmt02182145
IRS990/CYSalariesCompEmpBnftPaidAmt04729908
IRS990/CYTotalExpensesAmt010672896
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012855041
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0KVEC SERVES 22 LOCAL BOARDS OF EDUCATION BY PROVIDING PAYROLL AND PROFESSIONAL DEVELOPMENT SERVICES, TECHNOLOGY SUPPORT, AND ADMINISTRATION OF FEDERAL AND STATE GRANTS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0COOPERATIVE
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt048
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt09829811
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt180.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt190.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt200.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt220.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt230.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt172.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt182.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt192.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt202.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt222.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
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/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
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/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/PersonNm0SEAN HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm1PHILLIP WATTS
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVEN TRIMBLE
IRS990/Form990PartVIISectionAGrp/PersonNm3BRENT ROARK
IRS990/Form990PartVIISectionAGrp/PersonNm4SANDY JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm5JIM YOUNT
IRS990/Form990PartVIISectionAGrp/PersonNm6MIKE GENTON
IRS990/Form990PartVIISectionAGrp/PersonNm7THOM COCHRAN
IRS990/Form990PartVIISectionAGrp/PersonNm8KIM KING
IRS990/Form990PartVIISectionAGrp/PersonNm9R FLETCHER
IRS990/Form990PartVIISectionAGrp/PersonNm10JAMES EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm11LINDA RAINS
IRS990/Form990PartVIISectionAGrp/PersonNm12TONY SERGENT
IRS990/Form990PartVIISectionAGrp/PersonNm13SCOTT HELTON
IRS990/Form990PartVIISectionAGrp/PersonNm14LARRY JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm15STEVE MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm16TIM BOBROWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm17DAVID GIBSON
IRS990/Form990PartVIISectionAGrp/PersonNm18JONATHAN JETT
IRS990/Form990PartVIISectionAGrp/PersonNm19REED ADKINS
IRS990/Form990PartVIISectionAGrp/PersonNm20JERRY GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm21KENNY BELL
IRS990/Form990PartVIISectionAGrp/PersonNm22ASHLEY PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm23JEFF HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm24DESSIE BOWLING
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/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23160000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24145000
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/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
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 MEMBER
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/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22INCORPORATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXEC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24ASSISTANT DIR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GovernmentGrantsAmt011792508
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt012855041
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0121
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0121
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt024269
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024269
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt049
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0KVEC SERVES 22 LOCAL BOARDS OF EDUCATION BY PROVIDING PAYROLL AND PROFESSIONAL DEVELOPMENT SERVICES, TECHNOLOGY SUPPORT, AND ADMINISTRATION OF FEDERAL STATE GRANTS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03946085
IRS990/NetAssetsOrFundBalancesEOYAmt06128230
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02527
IRS990/OfficeExpensesGrp/ProgramServicesAmt0776
IRS990/OfficeExpensesGrp/TotalAmt03303
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0103707
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0974059
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01077766
IRS990/OtherExpensesGrp/Desc0OPERATIONS
IRS990/OtherExpensesGrp/Desc1INDIRECT COSTS
IRS990/OtherExpensesGrp/Desc2SUPPLIES MATERIALS
IRS990/OtherExpensesGrp/Desc3MISC EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04143
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11697
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2179887
IRS990/OtherExpensesGrp/ProgramServicesAmt02613296
IRS990/OtherExpensesGrp/ProgramServicesAmt1405393
IRS990/OtherExpensesGrp/ProgramServicesAmt226801
IRS990/OtherExpensesGrp/TotalAmt04143
IRS990/OtherExpensesGrp/TotalAmt12613296
IRS990/OtherExpensesGrp/TotalAmt2407090
IRS990/OtherExpensesGrp/TotalAmt3206688
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0469609
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03182533
IRS990/OtherSalariesAndWagesGrp/TotalAmt03652142
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE TO DISTRICT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01038264
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01038264
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt010901786
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02241
IRS990/PYOtherExpensesAmt07102195
IRS990/PYProgramServiceRevenueAmt01227147
IRS990/PYRevenuesLessExpensesAmt02365152
IRS990/PYSalariesCompEmpBnftPaidAmt02663827
IRS990/PYTotalExpensesAmt09766022
IRS990/PYTotalRevenueAmt012131174
IRS990/ReconcilationRevenueExpnssAmt02182145
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03929177
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05623190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt010902000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010901786
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08823486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07753788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt08936384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt047317444
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02241
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04470
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09345
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02620
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt020676
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt047317444
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt010902000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010901786
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08823486
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07753788
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08936384
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt047317444
IRS990ScheduleA/TotalSupportAmt047338120
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,630,396
Liabilities
$502,166
Net assets
$6,128,230
Revenue
$12,855,041
Expenses
$10,672,896
Net income
$2,182,145
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