Nonprofit · EIN 61-1329396
FOUNDATION FOR APPALACHIAN KENTUCKY INC
Tax-exempt · HAZARD, KY 41701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,397,592 | $9,139,705 | -$742,113 | $33,062,397 | $1,538,209 | $31,524,188 |
| December 31, 2023 | 990 | $11,777,632 | $10,585,653 | $1,191,979 | $31,549,275 | $1,187,570 | $30,361,705 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $7,288,457
- of which government grants
- $427,596
- Program service revenue
- $87,288
- Investment income
- $805,827
- Net rental income
- $21,021
- Other revenue
- $216,020
Expenses
- Grants and similar amounts paid
- $4,828,038
- Compensation of officers, directors and key employees
- $87,350
- Other salaries and wages
- $1,493,950
- Salaries, compensation and benefits (total)
- $2,046,581
- Professional fundraising fees
- $0
- Occupancy
- $65,413
- Travel
- $155,049
- Depreciation
- $14,197
- Program services (functional)
- $7,243,654
- Management and general (functional)
- $1,123,928
- Fundraising (functional)
- $772,123
Balance sheet and other
- Total assets, start of year
- $31,549,275
- Total assets, end of year
- $33,062,397
- Total liabilities, end of year
- $1,538,209
- Net assets, end of year
- $31,524,188
- Land, buildings and equipment
- $334,515
- Publicly traded securities
- $26,434,494
- Net assets without donor restrictions
- $3,818,005
- Net assets with donor restrictions
- $27,706,183
- Gross receipts
- $8,397,592
- Employees
- 35
- Volunteers
- 50
- Year formed
- 2002
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kristin Collins | Executive Director Officer, Key employee | 40 | $87,350 |
| Kathy Atkins | Chair Trustee or director, Officer | 7 | $0 |
| Cory Chesnut | Treasurer Trustee or director, Officer | 1 | $0 |
| Keith Gabbard | Vice Chair Trustee or director, Officer | 1 | $0 |
| Janet Smith | Secretary Trustee or director, Officer | 1 | $0 |
| Danny Maggard | Director Trustee or director | 1 | $0 |
| Randy Craft | Director Trustee or director | 1 | $0 |
| Simon Christon | Director Trustee or director | 1 | $0 |
| Ketaki Bhattacharyya | Director Trustee or director | 1 | $0 |
| Melissa | Bond Trustee or director | 1 | $0 |
| Danielle Bocook | Director Trustee or director | 1 | $0 |
| Casey Michalovic | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Gerry Roll | Executive Director Officer, Key employee | 40 | $100,000 | $17,995 |
| Kathy Atkins | Chair Trustee or director, Officer | 7 | $0 | $0 |
| Cory Chesnut | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Keith Gabbard | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Janet Smith | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Danny Maggard | Director Trustee or director | 1 | $0 | $0 |
| Randy Craft | Director Trustee or director | 1 | $0 | $0 |
| Simon Christon | Director Trustee or director | 1 | $0 | $0 |
| Ketaki Bhattacharyya | Director Trustee or director | 1 | $0 | $0 |
| Melissa | Bond Trustee or director | 1 | $0 | $0 |
| Danielle Bocook | Director Trustee or director | 1 | $0 | $0 |
| Casey Michalovic | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 420 MAIN ST, HAZARD, KY 41701-1777
- Principal officer (990 for 2024)
- KRISTIN COLLINS, 420 MAIN STREET, HAZARD, KY 41701
- Signed the 990
- KRISTIN COLLINS, EXECUTIVE DIRECTOR
- Phone
- (606) 439-1357
- Website
- www.AppalachianKY.org
- Return prepared by
- Caudill & Associates CPA PLLC
Mission
Our mission is to be a catalyst for community collaboration and charitable giving; to create permanent endowment funds as a sustaining resource to improve quality of life and place in eastern Kentucky.
Program accomplishments
- During the past year, the Foundation: (1) continued to operate and establish a well-grounded, well-known and well-regarded office and staff in the heart of the southeastern Kentucky coal fields while establishing and participating in regional initiatives to transition to a diverse economy as the coal industry continues to decline; (2) met national standards for US community foundations as set forth by the Community Foundations National Standards Board at the National Council on Foundations; (3) provided fiscal and administrative sponsorships for numerous organizations; and (4) provided leadership and support to the Appalachia Funders Network, a collaborative of public and private funders working together to build community capacity and promote an equitable economic transition into new and emerging sectors as the coal industry continues to decline.Expenses $7,243,654 · grants $4,828,038 · revenue $7,400,838
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 | Not 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
- 61-1329396
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $33,062,397
- Income (IRS master file)
- $8,397,592
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,397,592 | $9,139,705 | $33,062,397 | XML |
| 990 | December 2023 | $11,777,632 | $10,585,653 | $31,549,275 | XML |
| 990 | December 2022 | $20,144,039 | $13,843,338 | $29,222,874 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 61-1329396).
Questions about FOUNDATION FOR APPALACHIAN KENTUCKY INC
- What is the EIN of FOUNDATION FOR APPALACHIAN KENTUCKY INC?
- The employer identification number (EIN) of FOUNDATION FOR APPALACHIAN KENTUCKY INC is 61-1329396.
- Is FOUNDATION FOR APPALACHIAN KENTUCKY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to FOUNDATION FOR APPALACHIAN KENTUCKY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR APPALACHIAN KENTUCKY 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 FOUNDATION FOR APPALACHIAN KENTUCKY 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 FOUNDATION FOR APPALACHIAN KENTUCKY 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 FOUNDATION FOR APPALACHIAN KENTUCKY INC?
- The 990 for the year ended December 31, 2024 names KRISTIN COLLINS.
- Who are the officers and directors of FOUNDATION FOR APPALACHIAN KENTUCKY INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $87,350 (Kristin Collins, Executive Director).
- How much revenue does FOUNDATION FOR APPALACHIAN KENTUCKY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,397,592, expenses of $9,139,705 and total assets of $33,062,397 at year end.
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