2024-10-23T08:36:26-05:00 2024-06-30 610420207 JONES NALE & MATTINGLY PLC 401 WEST MAIN STREET SUITE 1100 LOUISVILLE KY 40202 990 2023-07-01 616037533 THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC EDUC 5022665272 1735 ALLIANT AVENUE LOUISVILLE KY 402996326 DARLENE ZIBART CEO 5022665272 2024-10-18 1 0 LARRY GUMBEL P01502492 5025830248 2023 2024-10-15 13:58:12Z DARLENE ZIBART 1735 ALLIANT AVENUE LOUISVILLE KY 402996326 493308 0 X N/A X 1961 KY TO INTRODUCE STUDENTS THROUGHOUT ALL LEVELS OF THEIR EDUCATION TO THE ACCOUNTING PROFESSION AND TO PROVIDE SCHOLARSHIPS TO COLLEGE STUDENTS PURSUING A CAREER IN ACCOUNTING. 9 9 0 15 0 0 124587 159835 0 0 -5552 107612 821 -3253 119856 264194 60500 59000 0 0 0 0 0 0 0 27993 25861 88493 84861 31363 179333 1906157 2195808 8833 0 1897324 2195808 X THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS (EDUCATIONAL FOUNDATION), FOUNDED IN 1961, IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ENHANCING THE NUMBER OF COLLEGE DEGREES IN KENTUCKY, EXPANDING THE PIPELINE OF FINANCIAL PROFESSIONALS IN THE BUSINESS MARKETPLACE, IMPROVING THE FINANCIAL LITERACY OF KENTUCKY'S YOUTH AND REVEALING TO STUDENTS THE BOUNDLESS CAREER OPPORTUNITIES OPEN TO THOSE WHO PURSUE AN ACCOUNTING DEGREE. 0 0 84861 59000 THE FOUNDATION SUPPORTS A CPA FIRM AT JUNIOR ACHIEVEMENT BIZTOWN IN LOUISVILLE AND IN LEXINGTON. JA BIZTOWN COMBINES IN-CLASS LEARNING WITH HANDS ON LEARNING AT BIZTOWN. THROUGH THE EFFORTS OF THE FOUNDATION, JA NOW INCLUDES A CPA IN EACH OF THE OTHER STORE FRONTS AT BIZTOWN. THESE EFFORTS EXPOSE APPROXIMATELY 28,000 5TH GRADERS EACH YEAR TO THE ACCOUNTING PROFESSION.THE FOUNDATION PROVIDES SCHOLARSHIPS TO COLLEGE STUDENTS WHO ARE PURSUING A DEGREE IN ACCOUNTING. THESE SCHOLARSHIPS ARE AWARDED AFTER A COMPREHENSIVE APPLICATION PROCESS AND REVIEW. DURING THE 2022-23 FISCAL YEAR, THE FOUNDATION AWARDED 52 SCHOLARSHIPS FOR A TOTAL OF $60,500. THE FOUNDATION CURRENTLY HAS 28 NAMED SCHOLARSHIPS WHICH REQUIRE A $50,000 PLEDGE. EXTENSIVE FUNDRAISING EFFORTS ALLOW THE FOUNDATION TO SUPPORT THE CPA FIRM AT BOTH THE LOUISVILLE AND LEXINGTON BIZTOWNS AND PROVIDE THE SCHOLARSHIPS. WE HAVE BEEN SUCCESSFUL BECAUSE OF THE OVERWHELMING SUPPORT FROM THE CPA COMMUNITY. THEIR CONTRIBUTIONS HAVE ALLOWED THE FOUNDATION TO CONTINUE PROGRAMS AT THE GRADE SCHOOL, HIGH SCHOOL AND COLLEGE LEVEL. WE UNDERSTAND THAT EVERYONE INCLUDING PUBLIC PRACTICE FIRMS AND INDUSTRY ARE DEALING WITH THE ISSUE OF A SHORTAGE IN TALENT. OUR GOAL IS TO CREATE A PIPELINE OF TALENTED CPAS. THE CONTINUED VIABILITY AND SUSTAINABILITY OF MANY ORGANIZATONS IS DEPENDENT UPON THE DEVELOPMENT OF THIS PIPELINE. 84861 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 KY X X KENTUCKY SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 5022665272 1735 ALLIANT AVENUE LOUISVILLE KY 402536869 ROBIN G TEETERS CHAIR 1.00 X X 0 0 0 LORI F DEARFIELD TRUSTEE 1.00 X 0 0 0 J ADAM HANCOCK TRUSTEE 1.00 X 0 0 0 DARLENE ZIBART CEO 2.00 X X 0 216682 18726 LORI L ELAM TRUSTEE 1.00 X 0 0 0 SHELBY N LEE TRUSTEE 1.00 X 0 0 0 MELISSA C MATTOX TRUSTEE 1.00 X 0 0 0 JAMES B STEVISON TRUSTEE 1.00 X 0 0 0 KEVIN J JOYNT TRUSTEE 1.00 X 0 0 0 ELIZABETH Z WOODWARD TRUSTEE 1.00 X 0 0 0 0 216682 18726 0 0 1 0 0 10300 149535 159835 29770 29770 292864 215022 77842 77842 77842 10815 10300 14092 -3277 -3277 MISCELLANEOUS 541900 24 24 24 264194 24 0 104335 59000 59000 3905 3905 887 887 1069 1069 PROGRAM EXPENSES 20000 20000 84861 84861 0 0 100876 40288 103144 101758 9634 2358 2138 50041 50041 0 0 1692503 2049266 1906157 2195808 8833 8833 0 X 1792978 2082912 104346 112896 1897324 2195808 1906157 2195808 179333 119151 0 X X 0 1 X 1 0 X 80439 51546 79353 124587 159835 495760 80439 51546 79353 124587 159835 495760 0 0 0 495760 12784 31304 8475 32056 29770 114389 12784 31304 8475 32056 29770 114389 516 24 540 93223 82850 88344 156643 189629 610689 0.81180 0.79910 0.18730 0.19980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50041 50041 0 0 MUTUAL FUNDS 2049266 F 2049266 X 383345 119151 119151 264194 0 264194 84861 0 84861 0 84861 PART X, LINE 2: THE EDUCATIONAL FOUNDATION OF 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. GOLF SCRAMBLE 21115 10300 10815 944 9841 2336 971 21115 10300 10815 944 9841 2336 971 14092 -3277 1 EDUCATIONAL FOUNDATION SCHOLARSHIP 33 59000 FMV PART I, LINE 2: THE SCHOLARSHIP CRITERIA WORKSHEET IS PREPARED, LISTING ALL THE APPLICANTS NAMES AND SCORING COLUMNS FOR THE FOLLOWING CRITERIA: CUMULATIVE GPA, GPA SCORE, ACTIVITIES, ESSAY, WORK, ORGANIZATION/PRESENTATION OF INFO, NEED,OTHER QUALITY, STUDENT MEMBER. TRUSTEES MEET IN MARCH TO DECIDE HOW MUCH SHOULD BE GIVEN IN SCHOLARSHIPS AND HOW THE MONEY SHOULD BE SPLIT AND WHO SHOULD RECEIVE THE SCHOLARSHIPS. 1 X X 0 0 0 0 0 0 0 0 0 DARLENE ZIBART CEO 0 216682 0 0 0 0 0 10406 0 8320 0 235408 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE KENTUCKY SOCIETY OF CERTIFIED PUBLIC ACCOUNTANT'S (A RELATED ORGANIZATION) 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 FOUNDATION. 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. FORM 990 PART XII LINE 2C NO CHANGES FROM THE PRIOR YEAR. KENTUCKY SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 1735 ALLIANT AVENUE LOUISVILLE KY 40299 610473653 MEMBERSHIP ORGANIZATION KY 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 KENTUCKY SOCIETY OF CPAS O 15207 ESTIMATE KENTUCKY SOCIETY OF CPAS M 6960 ESTIMATE KENTUCKY SOCIETY OF CPAS N 12504 ESTIMATE