Civic Intelligence

Thorn Hill Education Center Foundation Inc.

EIN 61-1599003 • 501(c)3 • Frankfort, KY

Pub. 78 Eligible

Profile

Thornhill education center provides adult education services to adults through study services to prepare them to achieve the ged creditial along with other support and vocational services.

700 Leslie AveFrankfort, KY 40601

www.thornhilleducation.org

Siviq Scores

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

Liabilities / Assets

67th percentile

0.10x

Higher debt load relative to assets than 67% of similar nonprofits.

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

Liabilities / Revenue

64th percentile

0.07x

Higher debt load relative to revenue than 64% of similar nonprofits.

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

Net Margin

45th percentile

1.9%

Higher net margin than 45% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

42nd percentile

0.4%

Faster asset growth than 42% of similar nonprofits.

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

Revenue Growth

26th percentile

-8.3%

Faster revenue growth than 26% of similar nonprofits.

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

Assets

Up

$520,844

Up $2,227 (+0.4%) from 2024

Liabilities

Down

$50,690

Down $12,407 (-20%) from 2024

Net Assets

Up

$470,154

Up $14,634 (+3.2%) from 2024

Revenue

Down

$776,287

Down $70,637 (-8.3%) from 2024

Expenses

Up

$761,653

Up $71,584 (+10%) from 2024

Net Income

Down

$14,634

Down $142,221 (-91%) from 2024

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $106,853Liabilities 2011: $50,000Net Assets 2011: $56,8532011Assets 2012: $136,927Liabilities 2012: $50,000Net Assets 2012: $86,9272012Assets 2013: $124,482Liabilities 2013: $15,000Net Assets 2013: $109,4822013Assets 2014: $153,695Liabilities 2014: $5,000Net Assets 2014: $148,6952014Assets 2015: $238,450Liabilities 2015: $0Net Assets 2015: $238,4502015Assets 2016: $264,844Liabilities 2016: $0Net Assets 2016: $264,8442016Assets 2017: $274,465Liabilities 2017: $0Net Assets 2017: $274,4652017Assets 2018: $269,259Liabilities 2018: $0Net Assets 2018: $269,2592018Assets 2019: $324,369Liabilities 2019: $57,847Net Assets 2019: $266,5222019Assets 2020: $315,465Liabilities 2020: $37,521Net Assets 2020: $277,9442020Assets 2021: $421,007Liabilities 2021: $107,896Net Assets 2021: $313,1112021Assets 2022: $402,236Liabilities 2022: $68,104Net Assets 2022: $334,1322022Assets 2023: $415,285Liabilities 2023: $116,620Net Assets 2023: $298,6652023Assets 2024: $518,617Liabilities 2024: $63,097Net Assets 2024: $455,5202024Assets 2025: $520,844Liabilities 2025: $50,690Net Assets 2025: $470,1542025

Highlighted filing

2025

Assets$520,844
Liabilities$50,690
Net Assets$470,154

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $609,491Expenses 2011: $569,306Net Income 2011: $40,1852011Revenue 2012: $568,742Expenses 2012: $538,484Net Income 2012: $30,2582012Revenue 2013: $566,095Expenses 2013: $543,540Net Income 2013: $22,5552013Revenue 2014: $576,076Expenses 2014: $536,863Net Income 2014: $39,2132014Revenue 2015: $780,741Expenses 2015: $571,840Net Income 2015: $208,9012015Revenue 2016: $598,711Expenses 2016: $579,369Net Income 2016: $19,3422016Revenue 2017: $510,755Expenses 2017: $575,162Net Income 2017: -$64,4072017Revenue 2018: $439,686Expenses 2018: $476,526Net Income 2018: -$36,8402018Revenue 2019: $803,396Expenses 2019: $818,854Net Income 2019: -$15,4582019Revenue 2020: $800,466Expenses 2020: $789,044Net Income 2020: $11,4222020Revenue 2021: $828,763Expenses 2021: $793,596Net Income 2021: $35,1672021Revenue 2022: $847,083Expenses 2022: $826,062Net Income 2022: $21,0212022Revenue 2023: $593,441Expenses 2023: $628,908Net Income 2023: -$35,4672023Revenue 2024: $846,924Expenses 2024: $690,069Net Income 2024: $156,8552024Revenue 2025: $776,287Expenses 2025: $761,653Net Income 2025: $14,6342025

Highlighted filing

2025

Revenue$776,287
Expenses$761,653
Net Income$14,634

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.21$0.51$4.70$7.76$7.62$0.15
2024Detailed filing. Detailed filing data is available for this year.$5.19$0.63$4.56$8.47$6.90$1.57
2023Detailed filing. Detailed filing data is available for this year.$4.15$1.17$2.99$5.93$6.29$0.35
2022Detailed filing. Detailed filing data is available for this year.$4.02$0.68$3.34$8.47$8.26$0.21
2021Detailed filing. Detailed filing data is available for this year.$4.21$1.08$3.13$8.29$7.94$0.35
2020Detailed filing. Detailed filing data is available for this year.$3.15$0.38$2.78$8.00$7.89$0.11
2019Detailed filing. Detailed filing data is available for this year.$3.24$0.58$2.67$8.03$8.19$0.15
2018Summary only. Only limited summary data is available for this year.$2.69$0.00$2.69$4.40$4.77$0.37
2017Summary only. Only limited summary data is available for this year.$2.74$0.00$2.74$5.11$5.75$0.64
2016Summary only. Only limited summary data is available for this year.$2.65$0.00$2.65$5.99$5.79$0.19
2015Summary only. Only limited summary data is available for this year.$2.38$0.00$2.38$7.81$5.72$2.09
2014Summary only. Only limited summary data is available for this year.$1.54$0.05$1.49$5.76$5.37$0.39
2013Summary only. Only limited summary data is available for this year.$1.24$0.15$1.09$5.66$5.44$0.23
2012Summary only. Only limited summary data is available for this year.$1.37$0.50$0.87$5.69$5.38$0.30
2011Summary only. Only limited summary data is available for this year.$1.07$0.50$0.57$6.09$5.69$0.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 13, 2025
Return Version
2024v5.0
Gross Receipts
$777,843
Mission and Program Overview

Mission

Thornhill education center provides adult education services to adults through study services to prepare them to achieve the ged creditial along with other support and vocational services.

Thornhill education center provides adult education services to adults through study services to prepare to achieve the ged credential along with other support and vocational services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$135,719$242,683▲ $106,964
Cash and Non-Interest-Bearing Accounts$220,493$126,217▼ $94,276
Land, Buildings, and Equipment, Net$99,480$103,261▲ $3,781
Accounts Receivable$62,925$48,683▼ $14,242
Total Assets$518,617$520,844▲ $2,227
Liabilities
Accounts Payable and Accrued Expenses$63,097$50,690▼ $12,407
Total Liabilities$63,097$50,690▼ $12,407
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$455,520$470,154▲ $14,634
Total Net Assets Fund Balance$455,520$470,154▲ $14,634
Total Liabilities and Net Assets / Fund Balance$518,617$520,844▲ $2,227

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$103,261$15,719$118,980
Equipment-$23,000$23,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charley PrestonPresident
Cathy JenningsBoard Member
Joe PeachBoard Member
John CubineBoard Member
Kyle SextonBoard Member
Rita Haynes RectorBoard Member
Tish ShadeBoard Member
ERIN O'DONNELLSecretary
Lane LewisVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$626,507
Program Service Revenue
$18,279
Investment Income
$19,566
Other Revenue
$111,935
All Other Contributions
$54,622
Change in Net Assets
$14,634
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$390,119
Other Expenses$371,534
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$236,640$119,424-$356,064
Payroll Taxes$20,669$10,431-$31,100
All Other Expenses$20,593$1,448-$22,041
Insurance$14,030$4,677-$18,707
Other Expenses$8,083$2,695-$10,778
Office Expenses$4,593$510-$5,103
Depreciation Depletion$4,555--$4,555
Other Employee Benefits$1,964$991-$2,955
Fees for Services Accounting-$1,925-$1,925
Travel$502--$502
Total Functional Expenses$613,588$148,065$0$761,653
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,121
Fundraising Direct Expenses$1,556
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spellapalooza$23,121$23,121$1,556$21,565
Total Events$23,121$23,121$1,556$21,565
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

A copy of the 990 is provided to each board member prior to filing the return.

Form 990, Page 6, Part VI, Line 15A

The executive director's compensation is reviewed annually by the board of directors.

Form 990, Page 6, Part VI, Line 15B

Salaries and wages are reviewed annually by the board of directors.

Form 990, Page 6, Part VI, Line 19

Documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Thornhill Education Center Inc
EIN
61-1599003
Phone
5028751481
Address
700 LESLIE AVE, FRANKFORT, KY 40601

Signing Officer

Name
Charley Preston
Title
President
Phone
5028751481
Signed
2025-10-13

Organization Details

Principal Officer
Charley Preston
Formed
2015
Legal Domicile
Ky
Voting Board Members
9
Independent Board Members
9
Employees
16

Preparer

Firm
Harrod & Associates
Address
2 HMB CIRCLE A, FRANKFORT, KY 40601-2351
Preparer
David R Harrod CPA
Phone
5026957300
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt018279
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0135719
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0242683
IRS990ScheduleA/SchoolInd0X
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0103261
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015719
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0118980
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023000
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0103261
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THERE IS NO SPECIFIC ENROLLMENT PERIOD. STUDENTS MAY ENROLL AT ANY TIME THROUGHOUT THE YEAR. THE ORGANIZATION DOESN'T ACTIVELY RECRUIT STUDENTS, BUT IS LISTED AS A GED SITE BY GRANTORS. THE NONDISCRIMINATION POLICY IS POSTED ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1GRANTS ARE RECEIVED FROM THE KENTUCKY WORKFORCE CABINET AND USED AS OUTLINED IN THE GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01556
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPELLAPALOOZA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023121
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt023121
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023121
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023121
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt021565
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01556
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01556
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 IS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARIES AND WAGES ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0518617
IRS990/TotalAssetsEOYAmt0520844
IRS990/TotalAssetsGrp/BOYAmt0518617
IRS990/TotalAssetsGrp/EOYAmt0520844
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0626507
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0148065
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0613588
IRS990/TotalFunctionalExpensesGrp/TotalAmt0761653
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt063097
IRS990/TotalLiabilitiesEOYAmt050690
IRS990/TotalLiabilitiesGrp/BOYAmt063097
IRS990/TotalLiabilitiesGrp/EOYAmt050690
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0455520
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0470154
IRS990/TotalProgramServiceExpensesAmt0613588
IRS990/TotalProgramServiceRevenueAmt018279
IRS990/TotalRevenueGrp/ExclusionAmt0131501
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt018279
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0776287
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0518617
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0520844
IRS990/TravelGrp/ProgramServicesAmt0502
IRS990/TravelGrp/TotalAmt0502
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0700 LESLIE AVE
IRS990/USAddress/CityNm0FRANKFORT
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040601
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.THORNHILLEDUCATION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLEY PRESTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05028751481
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THORNHILL EDUCATION CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0THOR
ReturnHeader/Filer/EIN0611599003
ReturnHeader/Filer/PhoneNum05028751481
ReturnHeader/Filer/USAddress/AddressLine1Txt0700 LESLIE AVE
ReturnHeader/Filer/USAddress/CityNm0FRANKFORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040601
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611291670
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HARROD & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02 HMB CIRCLE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRANKFORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0406012351
ReturnHeader/PreparerPersonGrp/PhoneNum05026957300
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID R HARROD CPA
ReturnHeader/ReturnTs02025-10-22T10:25:05-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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