Civic Intelligence

Mccreary County Educational Development Foundation Inc

EIN 61-1244607 • 501(c)3 • Stearns, KY

Profile

The foundation continues its support of educational facilities for the benefit of mccreary county residents.

175 Morrow LaneStearns, KY 42647

none

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

3rd percentile

-1186%

Higher net margin than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

52nd percentile

-0.9%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

76th percentile

27%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$19,204

Down $166 (-0.9%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$19,204

Down $166 (-0.9%) from 2022

Operations
Liabilities / RevenueScore unavailableNet Margin3rd percentile

Revenue

Up

$14

Up $3 (+27%) from 2022

Expenses

Down

$180

Down $70 (-28%) from 2022

Net Income

Up

-$166

Up $73 (+31%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

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

$60K$40K$20K$0Assets 2012: $32,379Liabilities 2012: $2,083Net Assets 2012: $30,2962012Assets 2013: $31,592Liabilities 2013: $2,0832013Assets 2014: $39,086Liabilities 2014: $2,0832014Assets 2015: $40,740Liabilities 2015: $02015Assets 2016: $39,335Net Assets 2016: $39,3352016Assets 2017: $30,129Net Assets 2017: $30,1292017Assets 2018: $30,154Net Assets 2018: $22,5322018Assets 2019: $21,157Net Assets 2019: $21,1572019Assets 2020: $19,721Net Assets 2020: $19,7212020Assets 2021: $19,609Net Assets 2021: $19,6092021Assets 2022: $19,370Net Assets 2022: $19,3702022Assets 2023: $19,204Net Assets 2023: $19,2042023

Highlighted filing

2023

Assets$19,204
Liabilities-
Net Assets$19,204
Open 2023 Filing

Operations Trend

Revenue Growth76th percentile

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

$20K$10K$0-$10KRevenue 2012: $15,613Expenses 2012: $14,944Net Income 2012: $6692012Revenue 2013: $461Expenses 2013: $1,248Net Income 2013: -$7872013Revenue 2014: $8,865Expenses 2014: $1,371Net Income 2014: $7,4942014Revenue 2015: $4,387Expenses 2015: $650Net Income 2015: $3,7372015Revenue 2016: $11Expenses 2016: $350Net Income 2016: -$3392016Revenue 2017: $2,658Expenses 2017: $11,864Net Income 2017: -$9,2062017Revenue 2018: $26Expenses 2018: $7,623Net Income 2018: -$7,5972018Revenue 2019: $25Expenses 2019: $1,400Net Income 2019: -$1,3752019Revenue 2020: $24Expenses 2020: $1,460Net Income 2020: -$1,4362020Revenue 2021: $10Expenses 2021: $122Net Income 2021: -$1122021Revenue 2022: $11Expenses 2022: $250Net Income 2022: -$2392022Revenue 2023: $14Expenses 2023: $180Net Income 2023: -$1662023

Highlighted filing

2023

Revenue$14
Expenses$180
Net Income-$166
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,204
Liabilities
-
Net assets
$19,204
Revenue
$14
Expenses
$180
Net income
-$166
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$19.2$19.2$0.01$0.18$0.17
2022Detailed filing. Detailed filing data is available for this year.$19.4$19.4$0.01$0.25$0.24
2021Detailed filing. Detailed filing data is available for this year.$19.6$19.6$0.01$0.12$0.11
2020Detailed filing. Detailed filing data is available for this year.$19.7$19.7$0.02$1.46$1.44
2019Detailed filing. Detailed filing data is available for this year.$21.2$21.2$0.03$1.40$1.38
2018Detailed filing. Detailed filing data is available for this year.$30.2$22.5$0.03$7.62$7.60
2017Detailed filing. Detailed filing data is available for this year.$30.1$30.1$2.66$11.9$9.21
2016Detailed filing. Detailed filing data is available for this year.$39.3$39.3$0.01$0.35$0.34
2015Summary only. Only limited summary data is available for this year.$40.7$0.00$4.39$0.65$3.74
2014Summary only. Only limited summary data is available for this year.$39.1$2.08$8.87$1.37$7.49
2013Summary only. Only limited summary data is available for this year.$31.6$2.08$0.46$1.25$0.79
2012Summary only. Only limited summary data is available for this year.$32.4$2.08$30.3$15.6$14.9$0.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 25, 2023
Return Version
2022v5.0
Gross Receipts
$14
Mission and Program Overview

Mission

The foundation continues its support of educational facilities for the benefit of mccreary county residents.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION WAS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING A COLLEGE OR OTHER POST SECONDARY TECHNICAL EDUCATIONAL FACILITIES FOR THE BENEFIT OF MCCREARY COUNTY RESIDENTS. SINCE THE FACILITIES ARE NOW OPERATED BY KCTCS, THE FOUNDATION'S FOCUS IS TO PROMOTE AND SUPPORT EDUCATION IN MCCREARY COUNTY. ORGINIZATION IS NO LONGER ACTIVE AND IS IN PROCESS OF DETERMINING HOW REMINING BALANCE WILL BE DISTRIBUTED TO SIMILAR ORGINIZATIONS.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN STEPHENSPresident-$0--
GREG WHITISVice President-$0--
SHARON HAYNESSecretary-$0--
FLORENCE KINGTreasurer-$0--
DIANA BYBEEDirector-$0--
TRACY LUMLEYDirector-$0--
ADA TAYLORDirector-$0--
RUTH ANN SANDIDGEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Mccreary County Educational Development Foundation Inc
EIN
61-1244607
Phone
6063106251
Address
175 MORROW LANE, Stearns, KY 42647

Signing Officer

Name
Florence King
Title
Treasurer
Phone
6063106251
Signed
2023-10-25
Discuss with paid preparer
No

Preparer

Firm
H and R Block
Address
760 N HWY 27, WHITLEY CITY, KY 42653
Preparer
Darlene Winchester
Phone
6063768390
Supplemental Narrative

Additional Explanations

Page 1 Part 1 Revenue Line 8

“Interest income for fiscal year”

Page 1 Part 1 Expenses Line 13

“PROFESSIONAL FEES”

Schedule A Part II Line 18

“Organization is no longer active and is in the process of determining how remaining balance will be distributed to similar organizations.”

Raw XML Appendix132 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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IRS990EZ/BooksInCareOfDetail/PersonNm0FLORENCE KING
IRS990EZ/BooksInCareOfDetail/PhoneNum06063106251
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0175 MORROW LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Stearns
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd042647
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt019370
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt019204
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-166
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0180
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt019370
IRS990EZ/Form990TotalAssetsGrp/EOYAmt019204
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt014
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019370
IRS990EZ/NetAssetsOrFundBalancesEOYAmt019204
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019370
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt019204
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SUSAN STEPHENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GREG WHITIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHARON HAYNES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3FLORENCE KING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DIANA BYBEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TRACY LUMLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ADA TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7RUTH ANN SANDIDGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherRevenueTotalAmt014
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE FOUNDATION CONTINUES ITS SUPPORT OF EDUCATIONAL FACILITIES FOR THE BENEFIT OF MCCREARY COUNTY RESIDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION WAS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING A COLLEGE OR OTHER POST SECONDARY TECHNICAL EDUCATIONAL FACILITIES FOR THE BENEFIT OF MCCREARY COUNTY RESIDENTS. SINCE THE FACILITIES ARE NOW OPERATED BY KCTCS, THE FOUNDATION'S FOCUS IS TO PROMOTE AND SUPPORT EDUCATION IN MCCREARY COUNTY. ORGINIZATION IS NO LONGER ACTIVE AND IS IN PROCESS OF DETERMINING HOW REMINING BALANCE WILL BE DISTRIBUTED TO SIMILAR ORGINIZATIONS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0180
IRS990EZ/TotalRevenueAmt014
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NONE
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt025
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt083
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.01190
IRS990ScheduleA/PublicSupportTotal170Amt01
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01
IRS990ScheduleA/TotalSupportAmt084
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INTEREST INCOME FOR FISCAL YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROFESSIONAL FEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION IS NO LONGER ACTIVE AND IS IN THE PROCESS OF DETERMINING HOW REMAINING BALANCE WILL BE DISTRIBUTED TO SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PAGE 1 PART 1 REVENUE LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PAGE 1 PART 1 EXPENSES LINE 13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE A PART II LINE 18
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0FLORENCE KING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06063106251
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MCCREARY COUNTY EDUCATIONAL DEVELOPMENT FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MCCR
ReturnHeader/Filer/EIN0611244607
ReturnHeader/Filer/PhoneNum06063106251
ReturnHeader/Filer/USAddress/AddressLine1Txt0175 MORROW LANE
ReturnHeader/Filer/USAddress/CityNm0Stearns
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042647
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263666250
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0H AND R BLOCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0760 N HWY 27
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WHITLEY CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042653
ReturnHeader/PreparerPersonGrp/PhoneNum06063768390
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Darlene Winchester
ReturnHeader/ReturnTs02023-10-25T15:59:39Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FLORENCE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KING
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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