Civic Intelligence

Kentucky Equine Management Internship Program Inc.

990 • Fiscal year 2015 • EIN 61-1337087

Jan 01, 2015 to Dec 31, 2015 • Filed on May 04, 2016

3082 Walnut Hill RdLexington, KY 40515

(859) 272-7629

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.01x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

75th percentile

26%

Faster asset growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

50th percentile

0.9%

Faster revenue growth than 50% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$340,999

Up $70,882 (+26%) from 2014

Net Assets

Up

$337,285

Up $69,374 (+26%) from 2014

Liabilities

Up

$3,714

Up $1,508 (+68%) from 2014

Revenue

Up

$247,920

Up $2,285 (+0.9%) from 2014

Expenses

Up

$178,546

Up $21,182 (+13%) from 2014

Net Income

Down

$69,374

Down $18,897 (-21%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $157,002Liabilities 2011: $2,171Net Assets 2011: $154,8312011Assets 2012: $167,547Liabilities 2012: $1,779Net Assets 2012: $165,7682012Assets 2013: $181,955Liabilities 2013: $2,316Net Assets 2013: $179,6392013Assets 2014: $270,117Liabilities 2014: $2,206Net Assets 2014: $267,9112014Assets 2015: $340,999Liabilities 2015: $3,714Net Assets 2015: $337,2852015Assets 2016: $344,134Liabilities 2016: $4,101Net Assets 2016: $340,0332016Assets 2017: $371,751Liabilities 2017: $4,244Net Assets 2017: $367,5072017Assets 2018: $377,810Liabilities 2018: $3,452Net Assets 2018: $374,3582018Assets 2019: $326,529Liabilities 2019: $4,010Net Assets 2019: $322,5192019Assets 2020: $352,628Liabilities 2020: $4,158Net Assets 2020: $348,4702020Assets 2021: $337,232Liabilities 2021: $4,604Net Assets 2021: $332,6282021Assets 2022: $253,397Liabilities 2022: $4,476Net Assets 2022: $248,9212022Assets 2023: $177,688Liabilities 2023: $4,570Net Assets 2023: $173,1182023Assets 2024: $149,762Liabilities 2024: $3,769Net Assets 2024: $145,9932024

Highlighted filing

2015

Assets$340,999
Liabilities$3,714
Net Assets$337,285

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $146,331Expenses 2011: $129,310Net Income 2011: $17,0212011Revenue 2012: $163,631Expenses 2012: $152,694Net Income 2012: $10,9372012Revenue 2013: $157,556Expenses 2013: $143,685Net Income 2013: $13,8712013Revenue 2014: $245,635Expenses 2014: $157,364Net Income 2014: $88,2712014Revenue 2015: $247,920Expenses 2015: $178,546Net Income 2015: $69,3742015Revenue 2016: $199,264Expenses 2016: $196,516Net Income 2016: $2,7482016Revenue 2017: $233,076Expenses 2017: $205,602Net Income 2017: $27,4742017Revenue 2018: $221,083Expenses 2018: $214,232Net Income 2018: $6,8512018Revenue 2019: $164,297Expenses 2019: $216,136Net Income 2019: -$51,8392019Revenue 2020: $179,160Expenses 2020: $153,209Net Income 2020: $25,9512020Revenue 2021: $159,219Expenses 2021: $175,061Net Income 2021: -$15,8422021Revenue 2022: $126,772Expenses 2022: $210,479Net Income 2022: -$83,7072022Revenue 2023: $133,108Expenses 2023: $208,910Net Income 2023: -$75,8022023Revenue 2024: $183,213Expenses 2024: $210,338Net Income 2024: -$27,1252024

Highlighted filing

2015

Revenue$247,920
Expenses$178,546
Net Income$69,374
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 4, 2016
Return Version
2015v2.1
Gross Receipts
$247,920
Mission and Program Overview

Mission

The mission of kemi is to provide an educational program that will enable students to gain a hands-on knowledge of the equine industry and apply what they learn in a classroom out on a farm exposing them to the day-to-day operations of a farm and the overall management of horses from a business perspective.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$188,294$259,113▲ $70,819
Savings and Temporary Cash Investments$81,513$81,700▲ $187
Land, Buildings, and Equipment, Net$310$186▼ $124
Total Assets$270,117$340,999▲ $70,882
Liabilities
Accounts Payable and Accrued Expenses$2,206$3,714▲ $1,508
Total Liabilities$2,206$3,714▲ $1,508
Net Assets / Fund Balance
Unrestricted Net Assets$201,756$271,080▲ $69,324
Temporarily Rstr Net Assets$66,155$66,205▲ $50
Total Net Assets Fund Balance$267,911$337,285▲ $69,374
Total Liabilities and Net Assets / Fund Balance$270,117$340,999▲ $70,882

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$186$8,842$9,028
Compensation and Service Providers

Board Members and Trustees

NameTitle
GARRETT O'ROURKEPresident
Callan StroussVice-president
David SwitzerDirector
Dr Laurie LawrenceDirector
Dr Naoya Yoshida DvmDirector
Matt KochDirector
Michael BanahanDirector
Michael OwensDirector
Shannon WhiteDirector
Steve JohnsonDirector
Tom EvansDirector
Sandy HatfieldSecretary
Jackie SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$86,928
Program Service Revenue
$160,740
Investment Income
$252
Other Revenue
$0
All Other Contributions
$85,453
Change in Net Assets
$69,374
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$91,454
Salaries, Compensation, and Employee Benefits$87,092
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons-$71,396-$71,396
Advertising-$26,030-$26,030
Other Employee Benefits-$10,234-$10,234
Payroll Taxes-$5,462-$5,462
Other Expenses$5,074$5,306-$5,074
Office Expenses-$1,562-$1,562
All Other Expenses-$1,195-$1,195
Insurance-$931-$931
Fees for Services Accounting-$585-$585
Information Technology$361--$361
Depreciation Depletion-$124-$124
Total Functional Expenses$55,721$122,825$0$178,546
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
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
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 11

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

The form 990 is available upon request for public review.

Filing and Contact Details

Filer

Filer Name
Kentucky Equine Management
EIN
61-1337087
Phone
8592727629
Address
3082 WALNUT HILL RD, LEXINGTON, KY 40515
Doing Business As
Kemi

Signing Officer

Name
Jackie a Smith
Title
Treasurer
Phone
8592727629
Signed
2016-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jackie a Smith
Formed
1998
Legal Domicile
Ky
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
6

Preparer

Firm
Rfh Pllc
Address
300 WEST VINE STREET STE 800, LEXINGTON, KY 40507-1812
Preparer
Susan K Bowie CPA
Phone
8592311800
Raw XML AppendixShowing 400 of 442 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.

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IRS990/PYGrantsAndSimilarPaidAmt01000
IRS990/PYInvestmentIncomeAmt0320
IRS990/PYOtherExpensesAmt080100
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0152744
IRS990/PYRevenuesLessExpensesAmt088271
IRS990/PYSalariesCompEmpBnftPaidAmt076264
IRS990/PYTotalExpensesAmt0157364
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0245635
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt069374
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0160740
IRS990/SavingsAndTempCashInvstGrp/BOYAmt081513
IRS990/SavingsAndTempCashInvstGrp/EOYAmt081700
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt084403
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt076571
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt046325
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt062967
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt049852
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0320118
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt086928
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt092571
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt047876
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt068267
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt060921
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0356563
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0252
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0320
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0245
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt089
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0240
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01146
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0160740
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0152744
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0109435
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt095275
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt085170
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0603364
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0252
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0320
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0245
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt089
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0240
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01146
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00200
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.66570
IRS990ScheduleA/PublicSupportPY509Pct00.66290
IRS990ScheduleA/PublicSupportTotal509Amt0639809
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt084403
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt076571
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt046325
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt062967
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt049852
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0320118
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0247668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0245315
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0157311
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0163542
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0146091
IRS990ScheduleA/Total509Grp/TotalAmt0959927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0247920
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0245635
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0157556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0163631
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0146331
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0961073
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DisclosedForCharitablePrpsInd00
IRS990ScheduleD/DisclosedOrgLegCtrlInd00
IRS990ScheduleD/FundsAndOtherAccountsContriAmt050
IRS990ScheduleD/FundsAndOtherAccountsHeldCnt02
IRS990ScheduleD/FundsAndOtherAccountsVlEOYAmt066205
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0186
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08842
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09028
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0186
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS AVAILABLE UPON REQUEST FOR PUBLIC REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt066155
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt066205
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0270117
IRS990/TotalAssetsEOYAmt0340999
IRS990/TotalAssetsGrp/BOYAmt0270117
IRS990/TotalAssetsGrp/EOYAmt0340999
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt086928
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0122825
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt055721
IRS990/TotalFunctionalExpensesGrp/TotalAmt0178546
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02206
IRS990/TotalLiabilitiesEOYAmt03714
IRS990/TotalLiabilitiesGrp/BOYAmt02206
IRS990/TotalLiabilitiesGrp/EOYAmt03714
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0267911
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0337285
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt055721
IRS990/TotalProgramServiceRevenueAmt0160740
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0252
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0160740
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0247920
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0270117
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0340999
IRS990/TotReportableCompRltdOrgAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.50$0.04$1.46$1.83$2.10$0.27
2023Detailed filing. Detailed filing data is available for this year.$1.78$0.05$1.73$1.33$2.09$0.76
2022Detailed filing. Detailed filing data is available for this year.$2.53$0.04$2.49$1.27$2.10$0.84
2021Detailed filing. Detailed filing data is available for this year.$3.37$0.05$3.33$1.59$1.75$0.16
2020Detailed filing. Detailed filing data is available for this year.$3.53$0.04$3.48$1.79$1.53$0.26
2019Detailed filing. Detailed filing data is available for this year.$3.27$0.04$3.23$1.64$2.16$0.52
2018Detailed filing. Detailed filing data is available for this year.$3.78$0.03$3.74$2.21$2.14$0.07
2017Detailed filing. Detailed filing data is available for this year.$3.72$0.04$3.68$2.33$2.06$0.27
2016Detailed filing. Detailed filing data is available for this year.$3.44$0.04$3.40$1.99$1.97$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.41$0.04$3.37$2.48$1.79$0.69
2014Detailed filing. Detailed filing data is available for this year.$2.70$0.02$2.68$2.46$1.57$0.88
2013Detailed filing. Detailed filing data is available for this year.$1.82$0.02$1.80$1.58$1.44$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.02$1.66$1.64$1.53$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.02$1.55$1.46$1.29$0.17