2024-10-23T08:37:45-05:00 2024-06-30 610420207 JONES NALE & MATTINGLY PLC 401 WEST MAIN STREET SUITE 1100 LOUISVILLE KY 40202 990 2023-07-01 610473653 KENTUCKY SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS KENT 5022665272 1735 ALLIANT AVENUE LOUISVILLE KY 402996326 DARLENE ZIBART CEO 5022665272 2024-10-18 1 1 LARRY GUMBEL P01502492 5025830248 2023 2024-10-15 13:58:12Z DARLENE ZIBART 1735 ALLIANT AVENUE LOUISVILLE KY 402996326 3063656 0 X WWW.KYCPA.ORG X 1924 KY TO BE THE MAIN RESOURCE FOR CPA'S, POLICY MAKERS AND THE PUBLIC REGARDING THE CPA PROFESSION. 16 16 12 254 64497 1601 0 0 2224343 2237187 -49867 44075 70902 64497 2245378 2345759 0 0 0 0 1045640 1099928 0 0 0 1159373 1192258 2205013 2292186 40365 53573 3166768 3477206 210210 281539 2956558 3195667 X TO IMPROVE THE LIVES OF CPAS THROUGH: EDUCATION; NETWORKING; SHARING INFORMATION AND TOOLS; PROVIDING ACCESS; PROTECTING THE CPA REPUTATION; LEGISLATIVE ADVOCACY; HEALTH CARE AND OTHER MEMBER BENEFITS. 0 0 849066 CONTINUING PROFESSIONAL EDUCATION (CPE) COURSES OFFERED CPAS - COURSES TAKE PLACE IN LOCATIONS THROUGHOUT THE STATE AS WELL AS VIRTUALLY. DURING THE FISCAL YEAR, WE HAVE APPROXIMATELY 4,500 REGISTRANTS, SOME WITH MULTIPLE ATTENDANCE TO MORE THAN ONE CPE COURSE. THE CLASSES PROVIDE THEM WITH THE HOURS NEEDED TO RENEW THEIR LICENCE AS A CPA. THE COURSES ARE A WAY FOR THE CPAS AND OTHER PROFESSIONALS TO GAIN ACCESS TO THE VERY LATEST INFORMATION SO THEY ARE UPDATED ON THE SERVICES AND INFORMATION THEY PROVIDE TO THEIR CLIENTS AND EMPLOYERS. 44415 PUBLIC RELATIONS - THE JOURNAL IS PROVIDED FIVE TIMES A YEAR TO OUR ENTIRE MEMBERSHIP BASE WHICH INCLUDES NEARLY 4,000 CPAS STATEWIDE. THIS PUBLICATION CONTAINS CPE OPTIONS, TECHNICAL ARTICLES AND UPDATES ON LEGISLATION, ACCOUNTING STANDARDS, ETC. WE USE THIS AS ANOTHER MEANS FOR REACHING OUR MEMBERSHIP AND KEEPING THEM CURRENT ON WHAT'S GOING ON IN THE ACCOUNTING PROFESSION. WE ALSO USE THE JOURNAL AS A REVENUE SOURCE FOR ADVERTISING. 10724 PROFESSIONAL ISSUE UPDATES - MULTIPLE FOUR-HOUR PRESENTATIONS THAT TAKE PLACE ACROSS THE COMMONWEALTH AS WELL AS VIRTUALLY. THE COURSES PROVIDE AN UPDATE ON CURRENT PROFESSIONAL ISSUES AND ONES THAT WE SEE COMING ON THE HORIZON THAT MAY AFFECT OUR MEMBER'S PRACTICE OR INDUSTRY. PRIOR TO EACH PROFESSIONAL ISSUE UPDATE, WE OFFER A TWO-HOUR ETHICS COURSE AT EACH OF THESE LOCATIONS (OR VIRTUALLY). THE KENTUCKY STATE BOARD OF ACCOUNTANCY REQUIRES CPAS TO REPORT 2 HOURS OF CONTINUING EDUCATION IN ETHICS AT THE TIME THEY RENEW THEIR CPA LICENSE. FOR THOSE WORKING 3000 HOURS OR MORE AT A PUBLIC ACCOUNTING FIRM, THEY MUST REPORT 80 HOURS OF CPE OVER A TWO-YEAR PERIOD; THOSE WORKING LESS THAN 3000 HOURS OR EMPLOYED IN INDUSTRY, EDUCATION OR GOVERNMENT WILL REPORT 60 HOURS OF CPE OVER A TWO-YEAR PERIOD. 679637 OTHER PROGRAM SERVICES - THE SOCIETY ALSO OFFERS CAP-U (COLLEGE TO ACCOUNTING PROFESSIONAL UNIVERSITY) TO KENTUCKY AND SOUTHERN INDIANA ACCOUNTING STUDENTS SEEKING TO EXPAND THEIR LEADERSHIP SKILLS AND PROFESSIONAL COMPETENCIES. SESSIONS ARE DESIGNED TO PROVIDE RELEVANT TOOLS TO CULTIVATE EFFECTIVE COMMUNICATION AND NETWORKING SKILLS, AS WELL AS IMPORTANT LEADERSHIP TRAITS DESIRED BY PROSPECTIVE EMPLOYERS. THE SOCIETY COVERS ALL COST FOR THIS EVENT SO THAT IT CAN BE OFFERED TO THE COLLEGE STUDENTS FOR FREE. A NETWORKING EVENT IS SCHEDULED FOR THE FIRST NIGHT. THIS GIVE FIRMS AND ATTENDEES THE OPPORTUNITY TO GET TO KNOW EACH OTHER AND TO DEVELOP PROFESSIONAL CONNECTIONS THAT WILL HOPEFULLY LEAD TO THE SUCCESS OF THE STUDENTS.THE SOCIETY HOSTS THE FALL AND SPRING AWARDS BANQUET. AT BOTH BANQUETS, ATTENDEES WHO HAVE RECENTLY COMPLETED ALL OF THE REQUIREMENTS TO BECOMING CERTIFIED AS A CPA ARE RECOGNIZED. A REPRESENTATIVE FROM THE ATTORNEY GENERAL'S OFFICE IS ON HAND FOR THE SWEARING IN CEREMONY. WE ALSO ACKNOWLEDGE THE SUCCESSFUL CANDIDATES WHO WILL QUALIFY FOR CERTIFICATION UPON COMPLETION OF THE EXPERIENCE REQUIREMENT AND THOSE RECEIVING SPECIAL AWARDS FOR HIGH SCORES ON THE EXAM. THE SCHOLARSHIP RECIPIENTS ARE RECOGNIZED AT THE SPRING BANQUET. THE SOCIETY IS ACTIVELY ENGAGED ON ALL LEVELS OF LEGISLATION - LOCAL, FRANKFORT AND WASHINGTON, DC. OUR LEGISLATIVE TEAM AND LEADERSHIP WORK WITH THE DOR, IRS, LEGISLATORS, THE GOVERNOR'S OFFICE AND MANY OTHER ORGANIZATIONS. WE HOST AN ANNUAL GOVERNMENT RELATIONS DAY IN FRANKFORT. WE ENCOURAGE OUR MEMBERS TO TAKE ADVANTAGE OF THIS TIME TO HEAR FROM THE LEADERSHIP IN FRANKFORT AND TO SCHEDULE MEETINGS WITH THEIR REPRESENTATIVES. 679637 1583842 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 14 0 1 12 1 1 1 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X THE ORGANIZATION 5022665272 1735 ALLIANT AVENUE LOUISVILLE KY 402996326 JUSTIN ALEXANDER BOARD MEMBER 1.00 X 0 0 0 SHELLY G COMPTON BOARD MEMBER 1.00 X 0 0 0 KAYLA R GREMILLION CHAIR 1.00 X X 0 0 0 JAMES B STEVISON PAST CHAIR 1.00 X X 0 0 0 GREGORY M HIGH BOARD MEMBER 1.00 X 0 0 0 DARLENE ZIBART CEO 40.00 X X 216682 0 18726 LORI H KLUMPP BOARD MEMBER 1.00 X 0 0 0 WILLIAM NEIL PATTON BOARD MEMBER 1.00 X 0 0 0 AMANDA BIVEN BOARD MEMBER 1.00 X 0 0 0 ADAM M DAVEY BOARD MEMBER 1.00 X 0 0 0 OLIVIA N DAVIS CHAIR ELECT 1.00 X 0 0 0 JAMES R HITE BOARD MEMBER 1.00 X 0 0 0 JON R HARVILLE BOARD MEMBER 1.00 X 0 0 0 SHELBY N LEE BOARD MEMBER 1.00 X 0 0 0 CARRIE L OWENS BOARD MEMBER 1.00 X 0 0 0 LEE ANN WATTERS TREASURER 1.00 X X 0 0 0 216682 0 18726 1 0 1 0 0 MEMBERSHIP DUES 900099 1153374 1153374 CONTINUING EDUCATION 611600 943674 943674 SPECIAL PROJECTS 900099 73576 73576 AWARDS BANQUET 900099 30800 30800 35763 35763 2237187 83925 83925 678047 717897 -39850 -39850 -39850 ADVERTISING REVENUE 541800 64497 64497 64497 2345759 2237187 64497 44075 216682 216682 661017 354913 306104 39255 25516 13739 116215 70815 45400 66759 43476 23283 129484 65764 63720 59542 30241 29301 27464 13949 13515 102672 52146 50526 11865 11865 67339 34201 33138 20268 10294 9974 CPE EXPENSES 335150 335150 SPECIAL PROJECTS 81537 81537 UTILITIES & MAINTENANCE 80883 41080 39803 AWARD BANQUET 57111 57111 218943 150967 67976 2292186 1583842 708344 0 425475 1194659 9530 20351 25242 27916 2135146 1451137 741988 684009 1964533 1550271 3166768 3477206 162973 218103 47237 63436 210210 281539 X 2956558 3195667 2956558 3195667 3166768 3477206 53573 185536 0 X X 0 1 X 1 0 0 0 0 1153374 53226 53226 57034 -3808 199253 199253 1476408 1018832 457576 459485 432305 27180 684009 CERTIFICATES OF DEPOSIT 265178 F MUTUAL FUNDS 1285093 F 1550271 X 2531295 185536 185536 2345759 0 2345759 2292186 0 2292186 0 2292186 PART X, LINE 2: THE KENTUCKY SOCIETY OF CERTIFIED PUBLIC ACCOUNTANT'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE/BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. 1 X X 0 0 0 DARLENE ZIBART CEO 216682 0 0 0 0 0 10406 0 8320 0 235408 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MENTIONED AT LEAST ANNUALLY AT BOARD MEETINGS TO REMIND MEMBERS THAT IF A NEW SITUATION HAS ARISEN THAT MAY APPEAR TO BE A CONFLICT OF INTEREST, THEN THEY SHOULD UPDATE THEIR STATEMENT AND SUBMIT A COPY TO THE SOCIETY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED BY THE COMPENSATION COMMITTEE THAT IS MADE UP OF MEMBERS FROM THE EXECUTIVE COMMITTEE ANNUALLY IN RELATION TO PERFORMANCE AND ACHIEVEMENT OF OBJECTIVES. COMPENSATION OF OTHER EMPLOYEES IS REVIEWED BY THE EXECUTIVE DIRECTOR IN CONSULTATION WITH THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE UPON REQUEST OR THROUGH GUIDESTAR FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH REQUEST AT THE OFFICES OF THE KYCPA. PART XII, LINE 2C NO CHANGES FROM PRIOR YEAR THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC 1735 ALLIANT AVENUE LOUISVILLE KY 402996326 616037533 TO PROVIDE SCHOLARSHIPS, MAKE EDUCATIONAL GRANTS, AND PROMOTE THE CPA PROFES KY 501(C)(3) LINE 10 KENTUCKY SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 KENTUCKY SOCIETY OF CPA'S EDUCATIONAL FOUNDATION O 15207 ESTIMATE KENTUCKY SOCIETY OF CPA'S EDUCATIONAL FOUNDATION L 6960 ESTIMATE KENTUCKY SOCIETY OF CPA'S EDUCATIONAL FOUNDATION N 12504 ESTIMATE