Nonprofit · EIN 61-1026274
GOVERNORS SCHOLARS PROGRAM INC
Tax-exempt · FRANKFORT, KY 40601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,631,545 | $2,769,776 | -$138,231 | $151,368 | $65,652 | $85,716 |
| December 31, 2024 | 990 | $2,866,778 | $2,891,140 | -$24,362 | $302,044 | $78,097 | $223,947 |
| December 31, 2023 | 990 | $2,387,806 | $2,741,669 | -$353,863 | $302,801 | $54,492 | $248,309 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,631,545
- of which government grants
- $2,259,221
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $150,000
- Other salaries and wages
- $392,847
- Salaries, compensation and benefits (total)
- $612,870
- Professional fundraising fees
- $0
- Accounting fees
- $3,352
- Occupancy
- $40,486
- Travel
- $11,947
- Depreciation
- $1,846
- Program services (functional)
- $2,433,348
- Management and general (functional)
- $336,428
Balance sheet and other
- Total assets, start of year
- $302,044
- Total assets, end of year
- $151,368
- Total liabilities, end of year
- $65,652
- Net assets, end of year
- $85,716
- Land, buildings and equipment
- $2,814
- Net assets without donor restrictions
- $85,716
- Gross receipts
- $2,631,545
- Employees
- 10
- Year formed
- 1983
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER PRICE | EXECUTIVE DI Key employee | 40 | $166,100 | $9,000 |
| AARON THOMPSON EX-OFFICIO | MEMBER Trustee or director | 0.25 | $0 | $0 |
| ANDY BESHEAR EX-OFFICIO | MEMBER Trustee or director | 0.25 | $0 | $0 |
| ROBBIE FLETCHER EX-OFFICIO | MEMBER Trustee or director | 0.25 | $0 | $0 |
| DENNIS K BERMAN | MEMBER Trustee or director | 0.25 | $0 | $0 |
| CHRISTEN BOONE | MEMBER Trustee or director | 0.25 | $0 | $0 |
| MASON DYER | MEMBER Trustee or director | 0.25 | $0 | $0 |
| D TODD DAVIS | MEMBER Trustee or director | 0.25 | $0 | $0 |
| ERIC G FARRIS | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| LESLIE FUGATE | MEMBER Trustee or director | 0.25 | $0 | $0 |
| VINCE GABBERT | MEMBER Trustee or director | 0.25 | $0 | $0 |
| TREY GRAYSON | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| JASON HOWELL | MEMBER Trustee or director | 0.25 | $0 | $0 |
| GRETCHEN M HUNT | MEMBER Trustee or director | 0.25 | $0 | $0 |
| LUTHER DEATON JR | MEMBER Trustee or director | 0.25 | $0 | $0 |
23 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMIE LINK | MEMBER Trustee or director | 0.25 | $0 |
| BILL MALONE | TREASURER Trustee or director, Officer | 0.5 | $0 |
| WAYNE M MARTIN | MEMBER Trustee or director | 0.25 | $0 |
| SRINI MATAM | MEMBER Trustee or director | 0.25 | $0 |
| ANNE MCKUNE | MEMBER Trustee or director | 0.25 | $0 |
| CAROLEA MILLS | MEMBER Trustee or director | 0.25 | $0 |
| OJ OLEKA | MEMBER Trustee or director | 0.25 | $0 |
| PAUL E PATTON | MEMBER Trustee or director | 0.25 | $0 |
| TOM POLAND | MEMBER Trustee or director | 0.25 | $0 |
| LAURA COLEMAN PRITCHARD | MEMBER Trustee or director | 0.25 | $0 |
| NEIL RAMSEY | MEMBER Trustee or director | 0.25 | $0 |
| SHANNON RICKETT | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| JOHN ROACH | MEMBER Trustee or director | 0.25 | $0 |
| JASON SAUER | MEMBER Trustee or director | 0.25 | $0 |
| JASON SAUER | MEMBER Trustee or director | 0.25 | $0 |
| BLAIR SKIDMORE | MEMBER Trustee or director | 0.25 | $0 |
| HAROLD H SMITH | MEMBER Trustee or director | 0.25 | $0 |
| ALAN M STEIN | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| SOPHIA VOSKUHL | MEMBER Trustee or director | 0.25 | $0 |
| WHITNEY FRAZIER WATT | MEMBER Trustee or director | 0.25 | $0 |
| ERICA LEE WILLIAMS | MEMBER Trustee or director | 0.25 | $0 |
| PHILEPIA J WILLIAMS | MEMBER Trustee or director | 0.25 | $0 |
| THE REV ANISA COTTRELL WILLIS | MEMBER Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2024: 39 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ARIS CEDENO | EXECUTIVE DI Former | 40 | $164,800 | $18,300 |
| AARON THOMPSON EX-OFFICIO | MEMBER Trustee or director | 0.12 | $0 | $0 |
| ANDY BESHEAR EX-OFFICIO | MEMBER Trustee or director | 0.12 | $0 | $0 |
| JAMIE LINK EX-OFFICIO | MEMBER Trustee or director | 0.12 | $0 | $0 |
| ROBBIE FLETCHER EX-OFFICIO | MEMBER Trustee or director | 0.12 | $0 | $0 |
| DENNIS K BERMAN | MEMBER Trustee or director | 0.12 | $0 | $0 |
| CHRISTEN BOONE | MEMBER Trustee or director | 0.12 | $0 | $0 |
| GARY BRASWELL | MEMBER Trustee or director | 0.12 | $0 | $0 |
| MIKE BUCKENTIN | MEMBER Trustee or director | 0.12 | $0 | $0 |
| MASON DYER | MEMBER Trustee or director | 0.12 | $0 | $0 |
| D TODD DAVIS | MEMBER Trustee or director | 0.12 | $0 | $0 |
| ERIC G FARRIS | VICE CHAIR Trustee or director, Officer | 0.25 | $0 | $0 |
| LESLIE FUGATE | MEMBER Trustee or director | 0.12 | $0 | $0 |
| VINCE GABBERT | MEMBER Trustee or director | 0.12 | $0 | $0 |
| TREY GRAYSON | CHAIRMAN Trustee or director, Officer | 0.25 | $0 | $0 |
| JASON HOWELL | MEMBER Trustee or director | 0.12 | $0 | $0 |
| GRETCHEN M HUNT | MEMBER Trustee or director | 0.12 | $0 | $0 |
| LUTHER DEATON JR | MEMBER Trustee or director | 0.12 | $0 | $0 |
| BILL MALONE | TREASURER Trustee or director, Officer | 0.25 | $0 | $0 |
| WAYNE M MARTIN | MEMBER Trustee or director | 0.12 | $0 | $0 |
| SRINI MATAM | MEMBER Trustee or director | 0.12 | $0 | $0 |
| ANNE MCKUNE | MEMBER Trustee or director | 0.12 | $0 | $0 |
| CAROLEA MILLS | MEMBER Trustee or director | 0.12 | $0 | $0 |
| OJ OLEKA | MEMBER Trustee or director | 0.12 | $0 | $0 |
| PAUL E PATTON | MEMBER Trustee or director | 0.12 | $0 | $0 |
| TOM POLAND | MEMBER Trustee or director | 0.12 | $0 | $0 |
| LAURA COLEMAN PRITCHARD | MEMBER Trustee or director | 0.12 | $0 | $0 |
| NEIL RAMSEY | MEMBER Trustee or director | 0.12 | $0 | $0 |
| SHANNON RICKETT | SECRETARY Trustee or director, Officer | 0.25 | $0 | $0 |
| JOHN ROACH | MEMBER Trustee or director | 0.12 | $0 | $0 |
| JASON SAUER | MEMBER Trustee or director | 0.12 | $0 | $0 |
| BLAIR SKIDMORE | MEMBER Trustee or director | 0.12 | $0 | $0 |
| HAROLD H SMITH | MEMBER Trustee or director | 0.12 | $0 | $0 |
| ALAN M STEIN | VICE CHAIR Trustee or director, Officer | 0.25 | $0 | $0 |
| SOPHIA VOSKUHL | MEMBER Trustee or director | 0.12 | $0 | $0 |
| WHITNEY FRAZIER WATT | MEMBER Trustee or director | 0.12 | $0 | $0 |
| ERICA LEE WILLIAMS | MEMBER Trustee or director | 0.12 | $0 | $0 |
| PHILEPIA J WILLIAMS | MEMBER Trustee or director | 0.12 | $0 | $0 |
| THE REV ANISA COTTRELL WILLIS | MEMBER Trustee or director | 0.12 | $0 | $0 |
990 for the year ended December 31, 2023: 39 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ARIS CEDENO | EXECUTIVE DI Key employee | 40 | $160,000 | $33,602 |
| AARON THOMPSON EX-OFFICIO | MEMBER Trustee or director | – | $0 | $0 |
| ANDY BESHEAR EX-OFFICIO | MEMBER Trustee or director | – | $0 | $0 |
| DENNIS K BERMAN | MEMBER Trustee or director | – | $0 | $0 |
| CHRISTEN BOONE | MEMBER Trustee or director | – | $0 | $0 |
| GARY BRASWELL | MEMBER Trustee or director | – | $0 | $0 |
| MIKE BUCKENTIN | MEMBER Trustee or director | – | $0 | $0 |
| MASON DYER | MEMBER Trustee or director | – | $0 | $0 |
| D TODD DAVIS | MEMBER Trustee or director | – | $0 | $0 |
| ERIC G FARRIS | VICE CHAIR Trustee or director, Officer | – | $0 | $0 |
| LESLIE FUGATE | MEMBER Trustee or director | – | $0 | $0 |
| VINCE GABBERT | MEMBER Trustee or director | – | $0 | $0 |
| TREY GRAYSON | CHAIRMAN Trustee or director, Officer | – | $0 | $0 |
| JASON HOWELL | MEMBER Trustee or director | – | $0 | $0 |
| GRETCHEN M HUNT | MEMBER Trustee or director | – | $0 | $0 |
| LUTHER DEATON JR | MEMBER Trustee or director | – | $0 | $0 |
| JAMIE LINK | MEMBER Trustee or director | – | $0 | $0 |
| BILL MALONE | TREASURER Trustee or director, Officer | – | $0 | $0 |
| WAYNE M MARTIN | MEMBER Trustee or director | – | $0 | $0 |
| SRINI MATAM | MEMBER Trustee or director | – | $0 | $0 |
| CAROLEA MILLS | MEMBER Trustee or director | – | $0 | $0 |
| WILLIAM E MUDD | MEMBER Trustee or director | – | $0 | $0 |
| OJ OLEKA | MEMBER Trustee or director | – | $0 | $0 |
| PAUL E PATTON | MEMBER Trustee or director | – | $0 | $0 |
| TOM POLAND | MEMBER Trustee or director | – | $0 | $0 |
| LAURA COLEMAN PRTICHARD | MEMBER Trustee or director | – | $0 | $0 |
| NEIL RAMSEY | MEMBER Trustee or director | – | $0 | $0 |
| SHANNON RICKETT | MEMBER Trustee or director | – | $0 | $0 |
| JOHN ROACH | MEMBER Trustee or director | – | $0 | $0 |
| BLAIR SKIDMORE | MEMBER Trustee or director | – | $0 | $0 |
| HAROLD H SMITH | MEMBER Trustee or director | – | $0 | $0 |
| ALAN M STEIN | VICE CHAIR Trustee or director, Officer | – | $0 | $0 |
| VACANT | SECRETARY Trustee or director, Officer | – | $0 | $0 |
| SOPHIA VOSKUHL | MEMBER Trustee or director | – | $0 | $0 |
| WHITNEY FRAZIER WATT | MEMBER Trustee or director | – | $0 | $0 |
| MARK C WHITLOW | MEMBER Trustee or director | – | $0 | $0 |
| ERICA LEE WILLIAMS | MEMBER Trustee or director | – | $0 | $0 |
| PHILEPIA J WILLIAMS | MEMBER Trustee or director | – | $0 | $0 |
| THE REV ANISA COTTRELL WILLIS | MEMBER Trustee or director | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 112 CONSUMER LN, FRANKFORT, KY 40601-8489
- Principal officer (990 for 2025)
- JENNIFER PRICE, 112 CONSUMER LANE, FRANKFORT, KY 40601
- Signed the 990
- JENNIFER PRICE, EXECUTIVE DIRECTOR
- Phone
- (502) 209-4420
- Website
- WWW.GSP.KY.GOV
- Return prepared by
- KELLEY GALLOWAY SMITH GOOLSBY PSC
Mission
THE PROGRAM'S MISSION IS TO ENHANCE KENTUCKY'S NEXT GENERATION OF CIVIC AND ECONOMIC LEADERS.
Program accomplishments
- THE PROGRAM PLACED HIGH SCHOOL RISING SENIORS ON 3 COLLEGE CAMPUSES FOR FIVE WEEKS OF ACADEMIC, SOCIAL AND PERSONAL GROWTH. 1,050 STUDENTS PARTICIPATED IN THE PROGRAM IN 2025.Expenses $2,348,219
- THE PROGRAM TRACKS ALUMNI AND PROVIDES PROGRAMMATIC UPDATES VIA A WEBSITE AND OTHER COMMUNICATIONS.Expenses $48,525
- PROGRAM PROMOTION STAFF TRAVEL ACROSS THE STATE TO HOLD WORKSHOPS TO ENCOURAGE STUDENTS TO APPLY AND TO HELP THEM COMPLETE COMPETITIVE APPLICATIONS.Expenses $36,604
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 61-1026274
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $151,368
- Income (IRS master file)
- $2,631,545
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,631,545 | $2,769,776 | $151,368 | XML |
| 990 | December 2024 | $2,866,778 | $2,891,140 | $302,044 | XML |
| 990 | December 2023 | $2,387,806 | $2,741,669 | $302,801 | XML |
| 990 | December 2022 | $2,143,848 | $2,498,016 | $475,523 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 61-1026274).
Questions about GOVERNORS SCHOLARS PROGRAM INC
- What is the EIN of GOVERNORS SCHOLARS PROGRAM INC?
- The employer identification number (EIN) of GOVERNORS SCHOLARS PROGRAM INC is 61-1026274.
- Is GOVERNORS SCHOLARS PROGRAM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to GOVERNORS SCHOLARS PROGRAM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GOVERNORS SCHOLARS PROGRAM 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 GOVERNORS SCHOLARS PROGRAM INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GOVERNORS SCHOLARS PROGRAM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GOVERNORS SCHOLARS PROGRAM INC?
- The 990 for the year ended December 31, 2025 names JENNIFER PRICE.
- Who are the officers and directors of GOVERNORS SCHOLARS PROGRAM INC?
- The 990 for the year ended December 31, 2025 lists 38 people; 1 received compensation from the organization, the highest $166,100 (JENNIFER PRICE, EXECUTIVE DI).
- How much revenue does GOVERNORS SCHOLARS PROGRAM INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,631,545, expenses of $2,769,776 and total assets of $151,368 at year end.
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