Civic Intelligence

Jefferson County Public Education Foundation Inc

EIN 61-1021128 • 501(c)3 • Louisville, KY

Profile

Support of jefferson county, kentucky public schools

PO Box 35368Louisville, KY 40202

n/A

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

2nd percentile

-168%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

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

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

35th percentile

0.2%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

78th percentile

31%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$22,207,932

Up $53,105 (+0.2%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$22,207,932

Up $53,105 (+0.2%) from 2024

Revenue

Up

$1,279,351

Up $299,730 (+31%) from 2024

Expenses

Up

$3,425,643

Up $1,018,380 (+42%) from 2024

Net Income

Down

-$2,146,292

Down $718,650 (-50%) from 2024

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $1,798,753Liabilities 2010: $0Net Assets 2010: $1,798,7532010Assets 2011: $2,035,401Liabilities 2011: $0Net Assets 2011: $2,035,4012011Assets 2012: $1,995,308Liabilities 2012: $0Net Assets 2012: $1,995,3082012Assets 2013: $1,582,351Liabilities 2013: $0Net Assets 2013: $1,582,3512013Assets 2014: $1,625,514Liabilities 2014: $0Net Assets 2014: $1,625,5142014Assets 2015: $1,358,972Liabilities 2015: $0Net Assets 2015: $1,358,9722015Assets 2016: $1,214,554Liabilities 2016: $0Net Assets 2016: $1,214,5542016Assets 2017: $3,168,836Liabilities 2017: $0Net Assets 2017: $3,168,8362017Assets 2018: $2,284,936Liabilities 2018: $0Net Assets 2018: $2,284,9362018Assets 2019: $2,331,850Liabilities 2019: $0Net Assets 2019: $2,331,8502019Assets 2020: $1,989,673Liabilities 2020: $0Net Assets 2020: $1,989,6732020Assets 2021: $2,278,942Liabilities 2021: $0Net Assets 2021: $2,278,9422021Assets 2022: $1,993,627Liabilities 2022: $0Net Assets 2022: $1,993,6272022Assets 2023: $21,584,986Liabilities 2023: $0Net Assets 2023: $21,584,9862023Assets 2024: $22,154,827Liabilities 2024: $0Net Assets 2024: $22,154,8272024Assets 2025: $22,207,932Liabilities 2025: $0Net Assets 2025: $22,207,9322025

Highlighted filing

2025

Assets$22,207,932
Liabilities$0
Net Assets$22,207,932

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $1,161,3322010Expenses 2011: $1,134,2382011Revenue 2012: $1,574,927Expenses 2012: $1,615,020Net Income 2012: -$40,0932012Revenue 2013: $588,015Expenses 2013: $1,000,972Net Income 2013: -$412,9572013Revenue 2014: $870,861Expenses 2014: $827,698Net Income 2014: $43,1632014Revenue 2015: $1,073,266Expenses 2015: $1,339,808Net Income 2015: -$266,5422015Revenue 2016: $847,744Expenses 2016: $992,162Net Income 2016: -$144,4182016Revenue 2017: $3,461,550Expenses 2017: $1,507,268Net Income 2017: $1,954,2822017Revenue 2018: $990,433Expenses 2018: $1,907,583Net Income 2018: -$917,1502018Revenue 2019: $729,732Expenses 2019: $771,585Net Income 2019: -$41,8532019Revenue 2020: $398,320Expenses 2020: $759,662Net Income 2020: -$361,3422020Revenue 2021: $267,739Expenses 2021: $344,425Net Income 2021: -$76,6862021Revenue 2022: $266,340Expenses 2022: $313,503Net Income 2022: -$47,1632022Revenue 2023: $20,886,826Expenses 2023: $1,531,884Net Income 2023: $19,354,9422023Revenue 2024: $979,621Expenses 2024: $2,407,263Net Income 2024: -$1,427,6422024Revenue 2025: $1,279,351Expenses 2025: $3,425,643Net Income 2025: -$2,146,2922025

Highlighted filing

2025

Revenue$1,279,351
Expenses$3,425,643
Net Income-$2,146,292

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.2$0.00$22.2$1.28$3.43$2.15
2024Detailed filing. Detailed filing data is available for this year.$22.2$0.00$22.2$0.98$2.41$1.43
2023Detailed filing. Detailed filing data is available for this year.$21.6$0.00$21.6$20.9$1.53$19.4
2022Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.27$0.31$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.28$0.00$2.28$0.27$0.34$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.40$0.76$0.36
2019Detailed filing. Detailed filing data is available for this year.$2.33$0.00$2.33$0.73$0.77$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.28$0.00$2.28$0.99$1.91$0.92
2017Detailed filing. Detailed filing data is available for this year.$3.17$0.00$3.17$3.46$1.51$1.95
2016Summary only. Only limited summary data is available for this year.$1.21$0.00$1.21$0.85$0.99$0.14
2015Summary only. Only limited summary data is available for this year.$1.36$0.00$1.36$1.07$1.34$0.27
2014Summary only. Only limited summary data is available for this year.$1.63$0.00$1.63$0.87$0.83$0.04
2013Summary only. Only limited summary data is available for this year.$1.58$0.00$1.58$0.59$1.00$0.41
2012Summary only. Only limited summary data is available for this year.$2.00$0.00$2.00$1.57$1.62$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.00$2.04$1.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.00$1.80$1.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 25, 2025
Return Version
2024v5.2
Gross Receipts
$6,935,012
Mission and Program Overview

Mission

Support of jefferson county, kentucky public schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$19,916,450$20,463,316▲ $546,866
Savings and Temporary Cash Investments$2,238,377$1,744,616▼ $493,761
Total Assets$22,154,827$22,207,932▲ $53,105
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,834,932$19,585,725▼ $249,207
Net Assets With Donor Restrictions$2,319,895$2,622,207▲ $302,312
Total Net Assets Fund Balance$22,154,827$22,207,932▲ $53,105
Total Liabilities and Net Assets / Fund Balance$22,154,827$22,207,932▲ $53,105

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,724,376-▲ $295,633-$1,980,009
2023$1,491,825-▲ $262,551-$1,724,376
2022$1,324,469-▲ $188,356-$1,491,825
2021$1,559,522-▼ $185,053-$1,324,469
2020$1,251,703-▲ $398,119-$1,559,522
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$391,069
Program Service Revenue
$0
Investment Income
$888,282
Other Revenue
$0
All Other Contributions
$336,243
Change in Net Assets
$-2,146,292

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,181,820
Revenue Not Reported on Financial Statements
$97,531
Revenue Not Reported on Form 990
$2,199,397
Total Revenue per Audited Statements
$3,381,217
Total Revenue per Form 990
$1,279,351
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,235,080
Other Expenses$190,563
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,135,532--$3,135,532
Grants to Domestic Individuals$99,548--$99,548
Fees for Service Investment Mgmnt Fees-$97,531-$97,531
Fees for Services Accounting-$14,000-$14,000
Conferences and Meetings$6,702--$6,702
Other Expenses$3,711$3,332-$3,332
All Other Expenses$2,096--$2,096
Insurance-$2,054-$2,054
Total Functional Expenses$3,308,726$116,917$0$3,425,643

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,425,643
Expenses per Audited Statements$3,328,112
Total Expenses per Audited Statements$3,328,112
Expenses Not Reported on Financial Statements$97,531
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jefferson County Public SchoolsLouisville, KY501c3To Fund Various Educational Programs$2,589,555
Evolve502 IncLouisville, KYP20To Provide Care, Belief,access and Supports to Students in Need$400,000
Community Foundation of LouisvilleLouisville, KY501c32025 State of the District Scholarship - Jcps Employee Sponsored Student Scholarship Fund$59,352
Rita June Foundation IncLouisville, KY-To Provide Relief for Underserved Communities in the Louisville Area$18,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$13,424
Fundraising Gross Income$13,424
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
State of the District$68,250$13,424$5,000$8,424
Total Events$68,250$13,424$13,424$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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The secretary/treasurer reviews the 990 before filing and the board reviews a copy of the 990 after it is filed.

Form 990, Part VI, Section C, Line 19

These documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Jefferson County Public Education
EIN
61-1021128
Phone
5022123112
Address
PO BOX 35368, LOUISVILLE, KY 40202

Signing Officer

Name
Lynn Huether
Title
Secretary/treasurer
Phone
5022123112
Signed
2025-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynn Huether
Formed
1983
Legal Domicile
Ky
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
0

Preparer

Firm
MONROE SHINE & CO INC CPA'S
Address
PO BOX 22039, LOUISVILLE, KY 40252-9804
Preparer
Jeremy M Finn CPA
Phone
5024230311
Supplemental Narrative

Additional Explanations

Part XII, Line C

This purpose has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

To fund scholarship programs

PART X, LINE 2:

The foundation has implemented the accounting guidance for uncertainty in income taxes. Under that guidance, tax positions need to be recognized in the financial statements when it is more-likely-than-not the position will be sustained upon examination by the tax authorities. As of june 30, 2025, the foundation has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The foundation files federal income tax returns. The foundation is not currently being examined and management believes its tax-exempt status would be upheld under examination.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20MEMBER
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IRS990/FormationYr01983
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IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/InvestmentExpensesNotIncldAmt097531
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt097531
IRS990ScheduleD/RevenueSubtotalAmt01181820
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO FUND SCHOLARSHIP PROGRAMS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HAS IMPLEMENTED THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. UNDER THAT GUIDANCE, TAX POSITIONS NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF JUNE 30, 2025, THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION FILES FEDERAL INCOME TAX RETURNS. THE FOUNDATION IS NOT CURRENTLY BEING EXAMINED AND MANAGEMENT BELIEVES ITS TAX-EXEMPT STATUS WOULD BE UPHELD UNDER EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt03425643

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