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Nonprofit · EIN 31-1012133

KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC

Tax-exempt · FRANKFORT, KY 40601

Financials

$9M$8.7M2023$8.3M$7.9M2024
Revenue Expenses · by fiscal year end
Financials of KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,274,535$7,939,808$334,727$1,858,154$692,837$1,165,317
December 31, 2023990$9,041,404$8,682,526$358,878$1,702,796$872,206$830,590
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,497,276
of which government grants
$7,493,468
Program service revenue
$571,333
Investment income
$65,522
Net income from fundraising events
$9,480
Other revenue
$140,404

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$530,754
Salaries, compensation and benefits (total)
$652,914
Professional fundraising fees
$0
Legal fees
$32,591
Travel
$13,869
Depreciation
$652
Program services (functional)
$7,728,059
Management and general (functional)
$206,707
Fundraising (functional)
$5,042

Balance sheet and other

Total assets, start of year
$1,702,796
Total assets, end of year
$1,858,154
Total liabilities, end of year
$692,837
Net assets, end of year
$1,165,317
Land, buildings and equipment
$9,134
Net assets without donor restrictions
$899,215
Net assets with donor restrictions
$266,102
Gross receipts
$8,274,535
Employees
7
Year formed
1980
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
BEN MUDDEXECUTIVE DI
Officer
10$0$174,154$5,225
CLARK KEBODEAUXBOARD CHAIR
Officer
2$0$0$0
LAKIN MARRTREASURER
Officer
2$0$0$0
KYLE HARRISPRESIDENT
Officer
2$0$0$0
SAM WILLETTSECRETARY
Officer
2$0$0$0
CHAD CORUMDIRECTOR
Trustee or director
2$0$0$0
KEVIN LAMPINGDIRECTOR
Trustee or director
2$0$0$0
COURTNEY KOOGLERDIRECTOR
Trustee or director
2$0$0$0
WILLIAM PAT MATTINGLYDIRECTOR
Trustee or director
2$0$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BEN MUDDEXECUTIVE DI
Officer
–$0$163,000$5,568
CLARK KEBODEAUXBOARD CHAIR
Officer
2$0$0$0
LAKIN MARRTREASURER
Officer
2$0$0$0
BROOKE HUDSPETHPRESIDENT
Officer
2$0$0$0
SAM WILLETTSECRETARY
Officer
2$0$0$0
CHAD CORUMDIRECTOR
Trustee or director
1$0$0$0
KEVIN LAMPINGDIRECTOR
Trustee or director
1$0$0$0
ADRIENNE MATSONDIRECTOR
Trustee or director
1$0$0$0
WILLIAM PAT MATTINGLYDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
96 C MICHAEL DAVENPORT BLVD, FRANKFORT, KY 40601-4333
Principal officer (990 for 2024)
BEN MUDD, 96 C MICHAEL DAVENPORT BLVD, FRANKFORT, KY 40601
Signed the 990
BEN MUDD, EXECUTIVE DIRECTOR
Phone
(502) 222-7230
Return prepared by
HARROD & ASSOCIATES

Mission

THE KENTUCKY PHARMACISTS EDUCATION & RESEARCH FOUNDATION'S MISSION IS TO ADVANCE THE PHARMACY PROFESSION BY NETWORKING OPPORTUNITIES, PROVIDING EDUCATIONAL ACCREDIDATION AND CONTINUING EDUCATION OPPORTUNITIES FOR KENTUCKY PHARMACISTS TO MEET THEIR ANNUAL CE LICENSE REQUIREMENTS WHICH ARE MANDATED BY THE COMMONWEALTH OF KENTUCKY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION INSTITUTES, SPONSORS, ESTABLISHES, FOSTERS, AND PROMOTES, THROUGH THE USE OF ITS ASSETS AND INCOME, EDUCATION PROGRAMS AND RESEARCH PROJECTS IN THE FIELD OF PHARMACY, INCLUDING CAREER COUNSELING AND STUDENT ASSISTANCE, CONTINUING AND PROFESSIONAL DEVELOPMENT AND PUBLIC HEALTH EDUCATION AND ASSISTANCE.
    Expenses $31,584 · revenue $37,728
  • A GRANT WAS OBTAINED TO DEVELOP AND IMPLEMENT A CENTRALIZED NALOXONE DISTRIBUTION PROGRAM IN PARTNERSHIP WITH COMMUNITY PHARMACIES AND UTILIZING THE MOBILE PHARMACY TO DISPENSE NALOXONE ATOMIZERS TO COMBAT OPIOID DEATHS IN KENTUCKY. AS A COMPANION TO THIS PROGRAM, THE DEPARTMENT OF PUBLIC HEALTH HAS INSTITUTED ADDITIONAL PROGRAMS TO ENGAGE PHARMACISTS ON STAFF TO ASSIST WITH EMERGENCY PREPAREDNESS IN KENTUCKY, AS WELL AS FOR NALOXONE TRAINING AND INVENTORY.
    Expenses $7,696,475 · revenue $8,013,597
  • THE CENTER FOR EXCELLENCE WILL BE USED TO ENHANCE AND EXPAND THE PHARMACY PROFESSION.
    revenue $2,135

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-1012133
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1981
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,858,154
Income (IRS master file)
$8,274,535

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,274,535$7,939,808$1,858,154XML
990December 2023$9,041,404$8,682,526$1,702,796XML
990December 2022$6,039,566$5,853,309$1,079,468IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1012133).

Questions about KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC

What is the EIN of KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC?
The employer identification number (EIN) of KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC is 31-1012133.
Is KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC?
The 990 for the year ended December 31, 2024 names BEN MUDD.
Who are the officers and directors of KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does KENTUCKY PHARMACY EDUCATION AND RESEARCH FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,274,535, expenses of $7,939,808 and total assets of $1,858,154 at year end.

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