Civic Intelligence

Glasgow Independent School Education Foundation Inc

EIN 61-1215386 • 501(c)3 • Glasgow, KY

Profile

Organized to provide educational opportunities and enrichments which are consistent with the educational objectives as set forth by the glasgow board of education.

Refreshing map…

711 S L Rogers Wells BlvdGlasgow, KY 42141

n/A

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

1st percentile

-437%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

28th percentile

-5.3%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

5th percentile

-54%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$541,805

Down $102,114 (-16%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$541,805

Down $102,114 (-16%) from 2023

Operations
Liabilities / Revenue35th percentileNet Margin1st percentile

Revenue

Down

$12,709

Down $101,974 (-89%) from 2023

Expenses

Down

$68,200

Down $26,145 (-28%) from 2023

Net Income

Down

-$55,491

Down $75,829 (-373%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

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

$800K$600K$400K$200K$0Assets 2011: $303,194Liabilities 2011: $02011Assets 2013: $292,323Liabilities 2013: $02013Assets 2014: $290,848Liabilities 2014: $02014Assets 2015: $291,749Liabilities 2015: $02015Assets 2021: $444,028Liabilities 2021: $0Net Assets 2021: $444,0282021Assets 2022: $623,581Liabilities 2022: $0Net Assets 2022: $623,5812022Assets 2023: $643,919Liabilities 2023: $0Net Assets 2023: $643,9192023Assets 2025: $541,805Liabilities 2025: $0Net Assets 2025: $541,8052025

Highlighted filing

2025

Assets$541,805
Liabilities$0
Net Assets$541,805
Open 2025 Filing

Operations Trend

Revenue Growth5th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $17,579Expenses 2011: $9,607Net Income 2011: $7,9722011Revenue 2013: $13,944Expenses 2013: $31,948Net Income 2013: -$18,0042013Revenue 2014: $13,004Expenses 2014: $14,479Net Income 2014: -$1,4752014Revenue 2015: $15,903Expenses 2015: $15,002Net Income 2015: $9012015Revenue 2021: $124,321Expenses 2021: $0Net Income 2021: $124,3212021Revenue 2022: $257,168Expenses 2022: $77,615Net Income 2022: $179,5532022Revenue 2023: $114,683Expenses 2023: $94,345Net Income 2023: $20,3382023Revenue 2025: $12,709Expenses 2025: $68,200Net Income 2025: -$55,4912025

Highlighted filing

2025

Revenue$12,709
Expenses$68,200
Net Income-$55,491
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$541,805
Liabilities
$0
Net assets
$541,805
Revenue
$12,709
Expenses
$68,200
Net income
-$55,491
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.42$0.00$5.42$0.13$0.68$0.55
2023Summary only. Only limited summary data is available for this year.$6.44$0.00$6.44$1.15$0.94$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.24$0.00$6.24$2.57$0.78$1.80
2021Detailed filing. Detailed filing data is available for this year.$4.44$0.00$4.44$1.24$0.00$1.24
2015Summary only. Only limited summary data is available for this year.$2.92$0.00$0.16$0.15$0.01
2014Summary only. Only limited summary data is available for this year.$2.91$0.00$0.13$0.14$0.01
2013Summary only. Only limited summary data is available for this year.$2.92$0.00$0.14$0.32$0.18
2011Summary only. Only limited summary data is available for this year.$3.03$0.00$0.18$0.10$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jul 30, 2025
Return Version
2024v5.2
Gross Receipts
$12,709
Mission and Program Overview

Mission

The purpose of the organization is for the betterment and further educational assistance of the students within the glasgow independent school system, past or present.

Organized to provide educational opportunities and enrichments which are consistent with the educational objectives as set forth by the glasgow board of education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$572,013$541,805▼ $30,208
Total Assets$572,013$541,805▼ $30,208
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$572,013$541,805▼ $30,208
Total Net Assets Fund Balance$572,013$541,805▼ $30,208
Total Liabilities and Net Assets / Fund Balance$572,013$541,805▼ $30,208
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Gail KatchakPresident
Judy TarterVice President
Amy CassadyDirector
Henry RoyseDirector
Jerry ReamDirector
John AlexanderDirector
Leigh BottsDirector
Tammy BrockSecretary
Bryan BaysingerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,446
Program Service Revenue
$0
Investment Income
$8,263
Other Revenue
$0
All Other Contributions
$4,446
Change in Net Assets
$-55,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$68,200
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$68,200--$68,200
Total Functional Expenses$68,200$0$0$68,200
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
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

“Form 990 is approved by the board of directors prior to filing.”

Form 990, Part VI, Section C, Line 19

“Organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Glasgow Independent School Education
EIN
61-1215386
Phone
2706518773
Address
711 S L ROGERS WELLS BLVD, GLASGOW, KY 42141

Signing Officer

Name
Gail Katchak
Title
President
Phone
2706709094
Signed
2025-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gail Katchak
Formed
1992
Legal Domicile
Ky
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
Campbell Myers & Rutledge Pllc
Address
410 SOUTH BROADWAY, GLASGOW, KY 42141
Preparer
Jordan Constant
Phone
2706512163
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Including money market account not included in prior year net assets 25,283.”

Raw XML Appendix332 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
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INCLUDING MONEY MARKET ACCOUNT NOT INCLUDED IN PRIOR YEAR NET ASSETS 25,283.
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt012709
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0572013
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0541805
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0711 S L ROGERS WELLS BLVD
IRS990/USAddress/CityNm0GLASGOW
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042141
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GAIL KATCHAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02706709094
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLASGOW INDEPENDENT SCHOOL EDUCATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GLAS
ReturnHeader/Filer/EIN0611215386
ReturnHeader/Filer/PhoneNum02706518773
ReturnHeader/Filer/USAddress/AddressLine1Txt0711 S L ROGERS WELLS BLVD
ReturnHeader/Filer/USAddress/CityNm0GLASGOW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042141
ReturnHeader/Form8822BAttachedInd0X
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0610975454
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAMPBELL MYERS & RUTLEDGE PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0410 SOUTH BROADWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLASGOW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042141
ReturnHeader/PreparerPersonGrp/PhoneNum02706512163
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JORDAN CONSTANT
ReturnHeader/ReturnTs02025-07-31T14:57:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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