Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
990EZ • Fiscal year 2021 • EIN 61-1163364
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
14th percentile
Higher net margin than 14% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
60th percentile
Faster revenue growth than 60% of similar nonprofits.
Assets
Up$177,570
Up $643 (+0.4%) from 2020
Net Assets
Down$170,570
Down $857 (-0.5%) from 2020
Liabilities
Up$7,000
Up $1,500 (+27%) from 2020
Revenue
Up$17,239
Up $2,484 (+17%) from 2020
Expenses
Up$22,974
Up $2,346 (+11%) from 2020
Net Income
Up-$5,735
Up $138 (+2.3%) from 2020
To receive and administer funds to award academic scholarships to the employees, children or grandchildren of the members of the kentucky grocers and convenience store association, inc., a related tax-exempt organization.
| Description | Grants | Expenses |
|---|---|---|
| THE FOUNDATION AWARDS SCHOLARSHIPS TO MEMBERS OF KENTUCKY GROCERS AND CONVENIENCE STORE ASSOCIATION CHILDREN, GRANDCHILDREN OR EMPLOYEES. ALL APPLICATIONS ARE REVIEWED AND SUBMITTED TO AN OUTSIDE INDEPENDENT AGENCY THAT RANKS THE APPLICATIONS. THE SCHOLARSHIPS ARE AWARDED BEGINNING WITH THE TOP APPLICANT AND CONTINUE IN ASCENDING ORDER THROUGH THE LIST UNTIL THE CURRENT FUNDS FOR SCHOLARSHIPS ARE EXHAUSTED. | $14,000 | $14,000 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CASSIE GRIGSBY | President | - | $0 | - | - |
| LYNN RICE | Chairman | - | $0 | - | - |
| SCOTT MALONY | Secretary/Tr | - | $0 | - | - |
“Line 10 - scholarship program grantee name: various - 1,000 scholarship checks grantee relationship: through employment property description: cash-scholarship checks written directly to colleges- 14 @ 1,000 date of gift: various amount given: 14,000”
“Expenses investment fees 859 printing & postage 39 supplies 673 taxes and licenses 15 foreign taxes paid 9 total 1,595”
“Unrealized gain on investments 4,878”
“Accounts payable and accrued expenses 5,500 7,000”
“To receive and administer funds to award academic scholarships to the employees, children or grandchildren of the members of the kentucky grocers and convenience store association, inc., a related tax-exempt organization.”
“The foundation awards scholarships to members of kentucky grocers and convenience store association children, grandchildren or employees. All applications are reviewed and submitted to an outside independent agency that ranks the applications. The scholarships are awarded beginning with the top applicant and continue in ascending order through the list until the current funds for scholarships are exhausted.”
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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | STACY WALLACE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5026969153 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 340 DEMOCRAT DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FRANKFORT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 40601 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 176927 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 177570 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 9699 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -5735 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 7379 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 176927 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 177570 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 2397 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 14000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 17239 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 5143 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 171427 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 170570 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 171427 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 170570 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CASSIE GRIGSBY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LYNN RICE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SCOTT MALONY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY/TR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 4878 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1595 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO RECEIVE AND ADMINISTER FUNDS TO AWARD ACADEMIC SCHOLARSHIPS TO THE EMPLOYEES, CHILDREN OR GRANDCHILDREN OF THE MEMBERS OF THE KENTUCKY GROCERS AND CONVENIENCE STORE ASSOCIATION, INC., A RELATED TAX-EXEMPT ORGANIZATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE FOUNDATION AWARDS SCHOLARSHIPS TO MEMBERS OF KENTUCKY GROCERS AND CONVENIENCE STORE ASSOCIATION CHILDREN, GRANDCHILDREN OR EMPLOYEES. ALL APPLICATIONS ARE REVIEWED AND SUBMITTED TO AN OUTSIDE INDEPENDENT AGENCY THAT RANKS THE APPLICATIONS. THE SCHOLARSHIPS ARE AWARDED BEGINNING WITH THE TOP APPLICANT AND CONTINUE IN ASCENDING ORDER THROUGH THE LIST UNTIL THE CURRENT FUNDS FOR SCHOLARSHIPS ARE EXHAUSTED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 14000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 14000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 2397 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | KY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 5500 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 7000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 22974 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 14000 |
| IRS990EZ/TotalRevenueAmt | 0 | 17239 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 9699 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 7050 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10500 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 11025 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 22000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 60274 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 5143 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 5824 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 7551 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 7176 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2897 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 28591 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 5143 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 5824 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 7551 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 7176 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 2897 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 28591 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.32000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.27000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.67830 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.69340 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 60274 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 9699 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 7050 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10500 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 11025 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 22000 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 60274 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 14842 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 12874 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 18051 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 18201 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 24897 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 88865 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LINE 10 - SCHOLARSHIP PROGRAM GRANTEE NAME: VARIOUS - 1,000 SCHOLARSHIP CHECKS GRANTEE RELATIONSHIP: THROUGH EMPLOYMENT PROPERTY DESCRIPTION: CASH-SCHOLARSHIP CHECKS WRITTEN DIRECTLY TO COLLEGES- 14 @ 1,000 DATE OF GIFT: VARIOUS AMOUNT GIVEN: 14,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES INVESTMENT FEES 859 PRINTING & POSTAGE 39 SUPPLIES 673 TAXES AND LICENSES 15 FOREIGN TAXES PAID 9 TOTAL 1,595 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNREALIZED GAIN ON INVESTMENTS 4,878 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,500 7,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO RECEIVE AND ADMINISTER FUNDS TO AWARD ACADEMIC SCHOLARSHIPS TO THE EMPLOYEES, CHILDREN OR GRANDCHILDREN OF THE MEMBERS OF THE KENTUCKY GROCERS AND CONVENIENCE STORE ASSOCIATION, INC., A RELATED TAX-EXEMPT ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE FOUNDATION AWARDS SCHOLARSHIPS TO MEMBERS OF KENTUCKY GROCERS AND CONVENIENCE STORE ASSOCIATION CHILDREN, GRANDCHILDREN OR EMPLOYEES. ALL APPLICATIONS ARE REVIEWED AND SUBMITTED TO AN OUTSIDE INDEPENDENT AGENCY THAT RANKS THE APPLICATIONS. THE SCHOLARSHIPS ARE AWARDED BEGINNING WITH THE TOP APPLICANT AND CONTINUE IN ASCENDING ORDER THROUGH THE LIST UNTIL THE CURRENT FUNDS FOR SCHOLARSHIPS ARE EXHAUSTED. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CASSIE GRIGSBY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5026969153 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-04-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KENTUCKY GROCERS EDUCATION |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FOUNDATIONINC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KENT |
| ReturnHeader/Filer/EIN | 0 | 611163364 |
| ReturnHeader/Filer/PhoneNum | 0 | 5026969153 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 340 DEMOCRAT DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FRANKFORT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 40601 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 611291670 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HARROD & ASSOCIATES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2 HMB CIRCLE A |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FRANKFORT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 406012351 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5026957300 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-05-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID R HARROD CPA |
| ReturnHeader/ReturnTs | 0 | 2022-05-12T09:43:40-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CASSIE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GRIGSBY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.