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Nonprofit · EIN 31-1096215

LEADERSHIP KENTUCKY FOUNDATION INC

Tax-exempt · FRANKFORT, KY 40601

Financials

$1.1M$836K2023$1.2M$848K2024
Revenue Expenses · by fiscal year end
Financials of LEADERSHIP KENTUCKY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,157,126$848,211$308,915$3,147,504$44,801$3,102,703
December 31, 2023990$1,084,922$836,453$248,469$2,664,563$34,096$2,630,467
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$740,272
of which government grants
$128,685
Membership dues
$43,615
Program service revenue
$275,500
Investment income
$99,684
Net gain from sales of assets
$24,752
Net income from fundraising events
$39,889
Other revenue
$41,670

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$187,815
Other salaries and wages
$185,953
Salaries, compensation and benefits (total)
$433,083
Professional fundraising fees
$0
Occupancy
$7,200
Travel
$112,859
Program services (functional)
$556,787
Management and general (functional)
$290,579
Fundraising (functional)
$845

Balance sheet and other

Total assets, start of year
$2,664,563
Total assets, end of year
$3,147,504
Total liabilities, end of year
$44,801
Net assets, end of year
$3,102,703
Publicly traded securities
$2,157,120
Net assets without donor restrictions
$1,559,111
Net assets with donor restrictions
$1,543,592
Gross receipts
$2,014,461
Employees
6
Volunteers
35
Year formed
1984
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 / weekCompensationOther / benefits
JANICE WAYPRESIDENT
Key employee
–$187,815$21,620
PERRY P ALLENIMMEDIATE PA
Trustee or director, Officer
–$0$0
DAN BORKTREASURER
Trustee or director, Officer
–$0$0
LESLIE BUDDEKE SMART CFREDIRECTOR
Trustee or director
–$0$0
ROY LOWDENBACK MA CFREDIRECTOR
Trustee or director
–$0$0
CRAIG J CARLSONDIRECTOR
Trustee or director
–$0$0
DANIEL CARMACKDIRECTOR
Trustee or director
–$0$0
CAROLLE JONES CLAYDIRECTOR
Trustee or director
–$0$0
BETSY CLEMONSDIRECTOR
Trustee or director
–$0$0
BARBARA K DICKENSEXECUTIVE CO
Trustee or director
–$0$0
LESLIE A FUGATESECRETARY
Trustee or director, Officer
–$0$0
GARY GERDEMANNDIRECTOR
Trustee or director
–$0$0
TREY GRAYSONEXECUTIVE CO
Trustee or director
–$0$0
TERESA TRIMBLE HAILEXECUTIVE CO
Trustee or director
–$0$0
REGINA JACKSONEXECUTIVE CO
Trustee or director
–$0$0
15 more people on this return
NameTitleHours / weekCompensation
ALAN KECKDIRECTOR
Trustee or director
–$0
MELISSA LEE KNIGHTEXECUTIVE CO
Trustee or director
–$0
AARON CRUM MDDIRECTOR
Trustee or director
–$0
SHANNON MONTGOMERYDIRECTOR
Trustee or director
–$0
KEN PERDUEEXECUTIVE CO
Trustee or director
–$0
AARON POYNTERDIRECTOR
Trustee or director
–$0
CHUCK SESSIONDIRECTOR
Trustee or director
–$0
CHRISANDREA TURNEREXECUTIVE CO
Trustee or director
–$0
ELMER K WHITAKEREXECUTIVE CO
Trustee or director
–$0
RON WILSONBOARD CHAIR
Trustee or director, Officer
–$0
GINA S WINCHESTERCHAIR ELECT
Trustee or director, Officer
–$0
CINDY WISEMANDIRECTOR
Trustee or director
–$0
KELLEY WORKMANDIRECTOR
Trustee or director
–$0
JOHN YANESDIRECTOR
Trustee or director
–$0
DEBBIE ZUERNERDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 31 people
NameTitleHours / weekCompensationOther / benefits
JANICE WAYPRESIDENT
Key employee
40$168,543$19,910
PERRY P ALLENBOARD CHAIR
Trustee or director, Officer
–$0$0
DAN BORKTREASURER
Trustee or director, Officer
–$0$0
LESLIE BUDDEKE SMART CFREDIRECTOR
Trustee or director
–$0$0
ROY LOWDENBACK MA CFREDIRECTOR
Trustee or director
–$0$0
CRAIG J CARLSONDIRECTOR
Trustee or director
–$0$0
DANIEL CARMACKDIRECTOR
Trustee or director
–$0$0
CAROLLE JONES CLAYDIRECTOR
Trustee or director
–$0$0
MARY MICHAEL CORBETTEXECUTIVE CO
Trustee or director
–$0$0
BARBARA K DICKENSEXECUTIVE CO
Trustee or director
–$0$0
LESLIE A FUGATEEXECUTIVE CO
Trustee or director
–$0$0
GARY GERDEMANNDIRECTOR
Trustee or director
–$0$0
TREY GRAYSONEXECUTIVE CO
Trustee or director
–$0$0
TERESA TRIMBLE HAILEXECUTIVE CO
Trustee or director
–$0$0
REGINA JACKSONIMMEDIATE PA
Trustee or director
–$0$0
ALAN KECKDIRECTOR
Trustee or director
–$0$0
MELISSA LEE KNIGHTEXECUTIVE CO
Trustee or director
–$0$0
AARON CRUM MDDIRECTOR
Trustee or director
–$0$0
KEN PERDUECHAIR ELECT
Trustee or director
–$0$0
BURTON J WEBB PHDDIRECTOR
Trustee or director
–$0$0
EILEEN SAUNDERSDIRECTOR
Trustee or director
–$0$0
DAVID W SEEWERDIRECTOR
Trustee or director
–$0$0
CHUCK SESSIONDIRECTOR
Trustee or director
–$0$0
KEVIN SMITHDIRECTOR
Trustee or director
–$0$0
CHRISANDREA TURNERSECRETARY
Trustee or director, Officer
–$0$0
ELMER K WHITAKEREXECUTIVE CO
Trustee or director
–$0$0
RON WILSONEXECUTIVE CO
Trustee or director
–$0$0
GINA S WINCHESTEREXECUTIVE CO
Trustee or director
–$0$0
CINDY WISEMANDIRECTOR
Trustee or director
–$0$0
KELLEY WORKMANDIRECTOR
Trustee or director
–$0$0
DEBBIE ZUERNERDIRECTOR
Trustee or director
–$0$0

Address and contacts

Address (IRS master file)
464 CHENAULT RD, FRANKFORT, KY 40601-9260
Principal officer (990 for 2024)
JANICE WAY
Signed the 990
JANICE WAY, PRESIDENT
Phone
(502) 695-1102
Return prepared by
KELLEY GALLOWAY SMITH GOOLSBY PSC

Mission

BROADENS THE PERSPECTIVES OF CURRENT AND EMERGING LEADERS THROUGH EXPERIENTIAL EDUCATION THAT INSPIRES THEM TO ADVANCE KENTUCKY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CORE LEADERSHIP KENTUCKY PROGRAM BEGAN IN 1985 AND BRINGS TOGETHER A DIVERSE GROUP OF PEOPLE WHO POSSESS A BROAD VARIETY OF LEADERSHIP ABILITIES, CAREER ACCOMPLISHMENTS, AND VOLUNTEER ACTIVITIES TO GAIN INSIGHT INTO COMPLEX ISSUES FACING THE STATE. THROUGH A SERIES OF SEVEN MONTHLY, THREE DAY SESSIONS, HELD IN VARIOUS LOCATIONS IN THE STATE, OUR PARTICIPANTS ARE EDUCATED ABOUT THE COMMONWEALTH OF KENTUCKY AND ITS CHALLENGES. THEY MEET AND TALK WITH KENTUCKY'S CURRENT LEADERS, AND THROUGH A SYSTEMATIC EDUCATIONAL PROGRAM, EXPLORE THE STATE'S OPPORTUNITIES, NEEDS AND RESOURCES. KENTUCKY'S RICH CULTURAL HERITAGE AND ITS UNIQUE DIVERSITY ARE WOVEN THROUGHOUT THE CURRICULUM THAT FEATURES THE STATE'S ECONOMY, EDUCATION, HEALTH AND HUMAN SERVICES, LAW AND JUSTICE, MILITARY, NATURAL RESOURCES, ARTS, GOVERNMENT, AND TOURISM. IN ADDITION, LEADERSHIP KENTUCKY PROVIDES A THOUGHT-PROVOKING EXPERIENCE FOCUSING ON THE ATTRIBUTES OF LEADERSHIP AND WHAT IT MEANS TO BE A LEADER. BY VISITING VARIOUS REGIONS OF THE COMMONWEALTH, CLASS PARTICIPANTS DEVELOP AN ENHANCED VIEW AND A NEW MEANING TO THE WORD COMMUNITY THAT SPANS THE ENTIRE STATE.DURING 2022, LKY LED A CLASS OF 51 LEADERS FROM ACROSS THE STATE TO FULFILL ITS MISSION. LEADERSHIP KENTUCKY'S SELECTED PARTICIPANTS WERE REQUIRED TO PAY TUITION OF 3,500 FOR 2022. FOR THIS INVESTMENT, THE PARTICIPANT AND THEIR SPONSORING BUSINESS OR ORGANIZATION SEES A RETURN ON THAT INVESTMENT IN EXPERT SPEAKERS, BOOKS, PROGRAM CONTENT, MEALS, TRANSPORTATION AND VENUE ADMISSIONS. ADDITIONAL RETURN ON INVESTMENT IS SEEN THROUGH THE CLASS CONTENT AS THEY LEARN FIRSTHAND THE COMPLEX CRITICAL ISSUES FACING KENTUCKY AND ITS CITIZENS; THEIR BROADENED CIRCLE OF CONTACTS AND NEW ALLIANCES BUILT ACROSS THE STATE; THEY ARE EDUCATED, PREPARED AND INSPIRED TO RETURN TO THEIR RESPECTIVE COMMUNITIES AND ACHIEVE AN EVEN HIGHER LEVEL OF CIVIC PARTICIPATION IN A UNITED EFFORT TO MAKE KENTUCKY A BETTER PLACE FOR ALL ITS CITIZENS.
    Expenses $276,892 · revenue $215,681
  • ELEVATE KENTUCKY FEATURES APPROXIMATELY 25 MEMBERS (AGES 25 TO 35) EACH YEAR. ELEVATE KENTUCKY'S SELECTED PARTICIPANTS PAY TUITION OF 2,200. ELEVATE KENTUCKY OFFERS YOUNG PROFESSIONALS INDEPTH PERSONAL AND PROFESSIONAL DEVELOPMENT WHILE FOSTERING A BETTER UNDERSTANDING OF CHALLENGES FACING OUR COMMONWEALTH. ELEVATE PARTICIPANTS RETURN TO THEIR COMPANIES WITH INCREASED SKILLS, KNOWLEDGE, PERSPECTIVE, AND A NEW STATEWIDE PROFESSIONAL NETWORK. MILLENNIAL LEADERS ARE BETTER PREPARED TO BE CATALYSTS IN THEIR COMPANIES AND COMMUNITIES IN AN EFFORT TO ELEVATE KENTUCKY.
    Expenses $93,500 · revenue $61,600
  • BRIGHT KENTUCKY IS DESIGNED TO BUILD THE CAPACITY OF NEXT GENERATION LEADERS (AVERAGE AGE 21 TO 40 WITH APPROXIMATELY 42 PARTICIPANTS IN THE COHORT) IN THE APPALACHIAN REGION OF KENTUCKY TO INNOVATE, COLLABORATE, AND ADVANCE COMMUNITY AND ECONOMIC DEVELOPMENT. BRIGHT KENTUCKY ENGAGES BRIGHT, ENTREPRENEURIAL MINDS FROM ALL SECTORS AND EASTERN KENTUCKY REGIONS TO OFFER NONPARTISAN, ETHICAL LEADERSHIP TRAINING, EXPANDED NETWORKS, AND MENTORS DESIGNED ESPECIALLY FOR RESIDENTS OF THE 54 KENTUCKY COUNTIES OF THE APPALACHIAN REGIONAL COMMISSION (ARC). BRIGHT IS FUNDED THROUGH A GRANT FROM THE ARC AND PRIVATE CONTRIBUTIONS FROM WHITAKER BANK AND OTHERS.
    Expenses $186,395

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
31-1096215
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,147,504
Income (IRS master file)
$2,014,461

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,157,126$848,211$3,147,504XML
990December 2023$1,084,922$836,453$2,664,563XML
990December 2022$1,054,026$783,051$2,267,831IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 31-1096215).

Questions about LEADERSHIP KENTUCKY FOUNDATION INC

What is the EIN of LEADERSHIP KENTUCKY FOUNDATION INC?
The employer identification number (EIN) of LEADERSHIP KENTUCKY FOUNDATION INC is 31-1096215.
Is LEADERSHIP KENTUCKY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to LEADERSHIP KENTUCKY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEADERSHIP KENTUCKY 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 LEADERSHIP KENTUCKY 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 LEADERSHIP KENTUCKY 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 LEADERSHIP KENTUCKY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JANICE WAY.
Who are the officers and directors of LEADERSHIP KENTUCKY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 30 people; 1 received compensation from the organization, the highest $187,815 (JANICE WAY, PRESIDENT).
How much revenue does LEADERSHIP KENTUCKY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,157,126, expenses of $848,211 and total assets of $3,147,504 at year end.

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