COMMONWEALTH FUND FOR KET INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- COMMONWEALTH FUND FOR KET INC (EIN 61-1285473)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-11-15
- IRS object ID
- 201123199349305797
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-15T14:46:56-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VONLEHMAN & COMPANY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 GRANDVIEW DR SUITE 300 | AddressLine1 |
| City | FT MITCHELL | City |
| State | KY | State |
| ZIP Code | 41017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 611285473 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMONWEALTH FUND FOR KET INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COMM | NameControl |
| Phone | 8592587000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 COOPER DRIVE | AddressLine1 |
| City | LEXINGTON | City |
| State | KY | State |
| ZIP Code | 40502 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHELE RIPLEY | Name |
| Title | PRESIDENT | Title |
| Phone | 8592587000 | Phone |
| Date Signed | 2011-11-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8593313300 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MICHELE RIPLEY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 COOPER DRIVE | AddressLine1 |
| City | LEXINGTON | City |
| State | KY | State |
| ZIP Code | 40502 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6323224 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.KET.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1994 | YearFormation |
| State Legal Domicile | KY | StateLegalDomicile |
| Activity Or Mission Description | SEE SCHEDULE O. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 775 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3575045 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3688272 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 267880 | InvestmentIncomePriorYear |
| Investment Income Current Year | 317245 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 215330 | OtherRevenuePriorYear |
| Other Revenue Current Year | 178362 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4058255 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4183879 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 389471 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 334500 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 29980 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1261388 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3388516 | OtherExpensePriorYear |
| Other Expenses Current Year | 3417023 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3777987 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3781503 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 280268 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 402376 | RevenuesLessExpensesCY |
| Total Assets BOY | 11742702 | TotalAssetsBOY |
| Total Assets EOY | 13524626 | TotalAssetsEOY |
| Total Liabilities BOY | 2256027 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2496365 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9486675 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 11028261 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO SUPPORT AND FURTHER THE EDUCATIONAL, CHARITABLE AND PUBLIC PURPOSES AND ACTIVITIES OF THE KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION (AUTHORITY) AND THE RELATED KENTUCKY EDUCATIONAL TELEVISION FOUNDATION, INC (FOUNDATION). THE FUND'S PRIMARY PURPOSE IS TO RECEIVE, HOLD AND ADMINISTER FUNDS PROVIDED BY ITS FUNDRAISING ACTIVITIES, WHICH ARE CONCENTRATED PRIMARILY IN THE STATE OF KENTUCKY, FOR THE BENEFIT OF THE AUTHORITY AND THE FOUNDATION. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2102500 | Expense |
| Description | RAISE AND ADMINISTER FUNDS FOR THE BENEFIT OF KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION | Description |
| Total Program Service Expense | 2102500 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 11 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 1 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | KY | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUSAN KANIS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8592587000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 COOPER DRIVE | AddressLine1 |
| City | LEXINGTON | City |
| State | KY | State |
| ZIP Code | 40502 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| MIRA S BALL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOHN S DOMASCHKO | ||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | |
| DAN GRIFFITH | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOHN R HALL | ||||||
| CHAIRMAN | 1.00 | X | 0 | 0 | 0 | |
| BILLY HARPER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAMES H MOLLOY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| NICK NICHOLSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KIMBERLY D PATTON | ||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | |
| SHAE HOPKINS | ||||||
| DIRECTOR (AUTHORITY) | 1.00 | X | 0 | 145381 | 47022 | |
| WILLIAM T YOUNG JR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| VICKIE YATES BROWN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DONNA MOORE CAMPBELL | ||||||
| DIRECTOR (AUTHORITY) | 1.00 | X | 0 | 0 | 0 | |
| RUSTY CHEUVRONT | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARY PAT REGAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| HILMA PRATHER | ||||||
| DIRECTOR (AUTHORITY) | 1.00 | X | 0 | 250 | 0 | |
| JIM GRAY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| TREY GRAYSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DR T PEARSE LYONS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| THOMAS ELLIOTT | ||||||
| DIRECTOR (AUTHORITY) | 1.00 | X | 0 | 0 | 0 | |
| MICHELE RIPLEY | ||||||
| PRESIDENT | 37.50 | 0 | 109920 | 33227 | X | |
| JULIE BERRY | ||||||
| EXECUTIVE ASSISTANT | 37.50 | 0 | 45964 | 15492 | X | |
| TRICIA GAETZ | ||||||
| MEMBERSHIP MANAGER | 37.50 | 0 | 52335 | 16680 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 353850 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 112421 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 1 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| KET FOUNDATION INC | |||||
| 600 COOPER DRIVE | LEXINGTON | KY | 40502 | LEASED EMPLOYEES & SERVICES | 621027 |
| DIRECT MAIL | |||||
| 36 CORDAGE PARK CIRCLE | PLYMOUTH | MA | 02360 | DIRECT MARKETING SERVICES | 185059 |
| BLACKBAUD | |||||
| 20 CANAL PARK STE 433 | CAMBRIDGE | MA | 02141 | DATABASE MANAGEMENT | 123044 |
| FOREST INCENTIVES | |||||
| 230 FAIRHILL STREET | WILLOW GROVE | PA | 19090 | PREMIUMS | 112467 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| All Other Contributions | 3688272 | AllOtherContributions |
| Noncash Contributions | 12052 | NoncashContributions |
| Total Contributions | 3688272 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 304710 | TotalRevenueColumn |
| Exclusion | $304,710 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 14400 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 14400 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14400 | TotalRevenueColumn |
| Related Or Exempt Function Income | 14400 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2024613 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2012078 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12535 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12535 | TotalRevenueColumn |
| Exclusion | $12,535 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 291229 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 127267 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 163962 | TotalRevenueColumn |
| Exclusion | $163,962 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4183879 | TotalRevenueColumn |
| Related Or Exempt Function Income | 14400 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $481,207 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 334500 | Total |
| Program Services | 334500 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7118 | Total |
| Management And General | 7118 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29980 | Total |
| Fundraising | 29980 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21587 | Total |
| Management And General | 21587 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10809 | Total |
| Management And General | 6674 | ManagementAndGeneral |
| Fundraising | 4135 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7704 | Total |
| Management And General | 5860 | ManagementAndGeneral |
| Fundraising | 1844 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26830 | Total |
| Management And General | 26830 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13333 | Total |
| Management And General | 13333 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CONTRIBUTIONS TO KET | 1768000 | 1768000 | ||
| CONTRACTS | 668973 | 258027 | 410946 | |
| POSTAGE AND SHIPPING | 281660 | 749 | 280911 | |
| PREMIUMS/MEMBER CARDS | 250770 | 250770 | ||
| MEMBERSHIP OUTSOURCING | 123326 | 123326 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 236913 | Total |
| Management And General | 77437 | ManagementAndGeneral |
| Fundraising | 159476 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3781503 | Total |
| Program Services | 2102500 | ProgramServices |
| Management And General | 417615 | ManagementAndGeneral |
| Fundraising | 1261388 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1974339 | BOY |
| EOY | 2511063 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 482920 | BOY |
| EOY | 506672 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 434491 | BOY |
| EOY | 355200 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 221741 | BOY |
| EOY | 127333 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23881 | BOY |
| EOY | 23564 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 821968 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 583349 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 251858 | BOY |
| EOY | 238619 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4703524 | BOY |
| EOY | 4364536 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3605936 | BOY |
| EOY | 5360043 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44012 | BOY |
| EOY | 37596 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11742702 | BOY |
| EOY | 13524626 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3324 | BOY |
| EOY | 361 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 305726 | BOY |
| EOY | 264275 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1946977 | BOY |
| EOY | 2231729 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2256027 | BOY |
| EOY | 2496365 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4953775 | BOY |
| EOY | 6151336 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2509317 | BOY |
| EOY | 2853342 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2023583 | BOY |
| EOY | 2023583 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9486675 | BOY |
| EOY | 11028261 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11742702 | BOY |
| EOY | 13524626 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 402376 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1139210 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3779680 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3697103 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3710355 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3575045 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3688272 | CurrentTaxYear |
| Total | 18450455 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3779680 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3697103 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3710355 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3575045 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3688272 | CurrentTaxYear |
| Total | 18450455 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 18450455 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 251466 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 301677 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 268975 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 273287 | CurrentTaxYearMinus1Year |
| Current Tax Year | 317245 | CurrentTaxYear |
| Total | 1412650 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 19863105 | TotalSupport |
| Gross Receipts From Admissions Etc | 1408577 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.92890 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.93070 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4340112 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 826813 | InvestmentEarningsOrLosses |
| Other Expenditures | 290000 | OtherExpenditures |
| End Of Year Balance | 4876925 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3923566 | BeginningOfYearBalance |
| Contributions | 26500 | Contributions |
| Investment Earnings Or Losses | 390046 | InvestmentEarningsOrLosses |
| End Of Year Balance | 4340112 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4800178 | BeginningOfYearBalance |
| Contributions | 57500 | Contributions |
| Investment Earnings Or Losses | -810112 | InvestmentEarningsOrLosses |
| Other Expenditures | 124000 | OtherExpenditures |
| End Of Year Balance | 3923566 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.59000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.41000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 612644 | InvestmentCostOrOtherBasis |
| Depreciation | 379808 | Depreciation |
| Book Value | 232836 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 209324 | InvestmentCostOrOtherBasis |
| Depreciation | 203541 | Depreciation |
| Book Value | 5783 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 238619 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MUTUAL FUNDS | Description |
| Book Value | 5360043 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 5360043 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO AFFILIATE | Description |
| Amount | $2,231,729 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2231729 | TotalOfAmounts |
| Total Revenue | 4183879 | TotalRevenue |
| Total Expenses | 3781503 | TotalExpenses |
| Excess Or Deficit For Year | 402376 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1139212 | NetUnrealizedGLOnInvestments |
| Other | -$2 | OtherAmount |
| Total Adjustments | 1139210 | TotalAdjustments |
| Excess Or Deficit Per FS | 1541586 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5450358 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1139212 | NetUnrealizedGainsInvestments |
| Other Revenues | 127267 | OtherRevenues |
| Revenue Not Rptd F990 | 1266479 | RevenueNotRptdF990 |
| Revenue Subtotal | 4183879 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4183879 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3908772 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 127269 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 127269 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3781503 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3781503 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE FUND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FUND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE FUND HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FUND RECOGNIZED NO INTEREST OR PENALTIES IN THE STATEMENTS OF FINANCIAL POSITION. IF THE SITUATION AROSE IN WHICH THE FUND WOULD HAVE INTEREST TO RECOGNIZE, IT WOULD RECOGNIZE THIS AS INTEREST EXPENSE AND PENALTIES WOULD BE RECOGNIZED IN OTHER EXPENSES. TAX YEARS STILL OPEN UNDER FEDERAL AND STATE STATUTE OF LIMITATIONS REMAIN SUBJECT TO REVIEW AND CHANGE. BASED ON THE EVALUATION OF THE FUND'S TAX POSITION, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | ROUNDING -2. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS COSTS 127,267. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS COSTS 127,267. ROUNDING 2. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone Solicitations | X | PhoneSolicitations |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHONE BANKS SYSTEMS INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4990 NORTH WIND SUITE 235 | AddressLine1 |
| City | EAST LANSING | City |
| State | MI | State |
| ZIP Code | 48823 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | TELEMARKETING | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 114342 | GrossReceipts |
| Amount Retained By Contractor | 29980 | AmountRetainedByContractor |
| Net To Organization | 84362 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 114342 | TotalGrossReceipts |
| Total Retained By Contractors | 29980 | TotalRetainedByContractors |
| Total Net To Organization | 84362 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SUMMER CELEBRATION | NameOfEvent1 |
| Gross Receipts Event1 | 244785 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 244785 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 94119 | OtherDirectExpensesEvent1 |
| Name Of Event2 | NORTHERN KY HOLIDAY | NameOfEvent2 |
| Gross Receipts Event2 | 13960 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 13960 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 5156 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 32484 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 32484 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 25178 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 291229 | GrossReceiptsTotal |
| Gross Revenue Total Events | 291229 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 124453 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 124453 | DirectExpenseSummaryEvents |
| Net Income Summary | 166776 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KY EDUCATIONAL TELEVISION FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 EAST COOPER DRIVE | AddressLine1 |
| City | LEXINGTON | City |
| State | KY | State |
| ZIP Code | 40502 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 610722558 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 334500 | AmountOfCashGrant |
| Purpose Of Grant | PRODUCTION OF EDUCATIONAL PROGRAMS | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SHAE HOPKINS | NamePerson |
| Base Compensation Filing Org | 0 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 145381 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 47022 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 0 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 192403 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | MICHELE RIPLEY RECEIVED $600 IN COMPENSATION DURING THE YEAR FOR SERVING ON THE BOARD OF CENTRAL BANK. THESE FUNDS WERE SUBSEQUENTLY DONATED TO THE COMMONWEALTH FUND FOR KET, INC. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|
| WILLIAM T YOUNG JR | ||
| DIRECTOR | WILLIAM T. YOUNG, JR. IS A DIRECTOR OF THE COMMONWEALTH FUND FOR KET, INC. AND IS ALSO A DIRECTOR AND PART OWNER OF THE INVESTMENT MANAGEMENT COMPANY, E.S. BARR | 0 |
| MICHELE RIPLEY | ||
| PRESIDENT | MICHELE RIPLEY IS THE PRESIDENT OF THE COMMONWEALTH FUND FOR KET, INC. AND ALSO SERVES ON THE BOARD OF THEIR BANKING INSTITUTION, CENTRAL BANK. | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD INCLUDES THREE MEMBERS WHO ARE APPOINTED BY THE KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE COMMONWEALTH FUND FOR KET BOARD ACCEPTED THE LATEST AUDIT AND REVIEWED OTHER FORM 990 DATA AVAILABLE AT THAT TIME. WHEN THE FORM 990 IS COMPLETE, COPIES WILL BE SENT TO THE ENTIRE BOARD FOR REVIEW AND ACCEPTANCE PRIOR TO THE DEADLINE OF NOVEMBER 15, 2011. | |
| THIS POLICY IS REVIEWED AND ACCEPTED ANNUALLY AS PART OF THE OCTOBER BOARD MEETING, AND ANY CONFLICTS OR OTHER BUSINESS OR FAMILY INTERESTS ARE NOTED IN BOARD MINUTES. | FORM 990, PART VI, SECTION B, LINE 12C | |
| ALTHOUGH THE ORGANIZATION DOES NOT HAVE ITS OWN EMPLOYEES, THE ORGANIZATION DOES HAVE POLICIES IN PLACE IN ORDER TO ENSURE SOUND GOVERNANCE. ALL EMPLOYEES OF THE COMMONWEALTH FUND FOR KET ARE LEASED FROM THE KET FOUNDATION, WHICH, TOGETHER WITH THE AUTHORITY, HAS CONTRACTED CONSULTANTS TO CONDUCT REGULAR COMPENSATION COMPARABILITY STUDIES TO DETERMINE THE MARKET VALUE OF POSITIONS, INCLUDING THOSE OF EXECUTIVES. ALSO, THE BOARD, THROUGH AN EXECUTIVE SEARCH COMMITTEE, ESTABLISHES A FAIR COMPENSATION AND BENEFITS PACKAGE FOR THE PRESIDENT, WHICH IS BASED ON MARKET RESEARCH AND COMMENSURATE WITH QUALIFICATIONS AND EXPERIENCE. THE SALARIES OF ALL OTHERS ARE RECOMMENDED BY THE PRESIDENT AND APPROVED IN WRITING BY THE BOARD CHAIRMAN AND KET EXECUTIVE DIRECTOR. THEY ARE IN THE RANGE OF COMPARABLE POSITIONS WITHIN THE KET FOUNDATION AND ACROSS THE KET AGENCY, WHICH CONTINUE TO BE EVALUATED THROUGH REGULAR COMPENSATION STUDIES. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE DOCUMENTS LISTED ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC | MICHELE RIPLEY - 600 COOPER DRIVE, LEXINGTON, KY 40502. MIRA S. BALL - PO BOX 12950, LEXINGTON, KY 40583. JOHN S. DOMASCHKO - 1 ROEBLING WAY, COVINGTON, KY 41011. DAN GRIFFITH - 1919 LEXINGTON AVENUE, OWENSBORO, KY 42301. JOHN R. HALL - 333 WEST VINE STREET, SUITE 300, LEXINGTON, KY 40507. BILLY HARPER - 960 NORTH H.C. MATHIS DRIVE, PADUCAH, KY 42001. JAMES H. MOLLOY - 1536 SOUTH OCEAN DRIVE, 405A, VERO BEACH, FL 32963. NICK NICHOLSON - PO BOX 1690, LEXINGTON, KY 40588. KIMBERLY D. PATTON - 250 W. COURT STREET, SUITE 300, CINCINNATI, OH 45202. SHAE HOPKINS - 600 COOPER DRIVE, LEXINGTON, KY 40502. WILLIAM T. YOUNG, JR. - PO BOX 1110, LEXINGTON, KY 40589. VICKIE YATES BROWN - 201 E. JEFFERSON STREET, STE 314, LOUISVILLE, KY 40202. JULIE BERRY - 600 COOPER DRIVE, LEXINGTON, KY 40502. DONNA MOORE CAMPBELL - 1833 ST. IVES CIRCLE, LEXINGTON, KY 40502. RUSTY CHEUVRONT - 850 DIXIE HIGHWAY, LOUISVILLE, KY 40210. MARY PAT REGAN - 601 W. CHESTNUT STREET, STE 408, LOUISVILLE, KY 40203. TRICIA GAETZ - 600 COOPER DRIVE, LEXINGTON, KY 40502. HILMA PRATHER - 510 NORTH MAIN STREET, SOMERSET, KY 42501. JIM GRAY - 600 COOPER DRIVE, LEXINGTON, KY 40502. TREY GRAYSON - 700 CAPITAL AVENUE, STATE CAPITAL SUITE 152, FRANKFORT, KY 40601. DR. T. PEARSE LYONS - 3031 CATNIP HILL PIKE, NICHOLASVILLE, KY 40356. THOMAS ELLIOTT - 324 BROWNS LANE, LOUISVILLE, KY 40207. | FORM 990, PART VII |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 1,139,212. ROUNDING -2. TOTAL TO FORM 990, PART XI, LINE 5: 1,139,210. | FORM 990, PART XI, LINE 5: |
| THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. | FORM 990, PART XII, LINE 2C | |
| THE FUND IS TO RECEIVE, HOLD AND ADMINISTER FUNDS PROVIDED BY ITS FUNDRAISING ACTIVITIES FOR THE BENEFIT OF THE KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION. | FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | |
| SINCE THE ORGANIZATION DOES NOT HAVE ANY OF ITS OWN EMPLOYEES, THESE QUESTIONS ARE NOT APPLICABLE TO THE ORGANIZATION, THEREFORE WE HAVE ANSWERED THEM AS "N/A". THE ORGANIZATION UTILIZES EMPLOYEES OF A RELATED ORGANIZATION. | FORM 990, PART VI, SECTION B, LINES 13, 15A, AND 15B: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| KY EDUCATIONAL TELEVISION FOUNDATION | |||||||||
| 600 EAST COOPER DRIVE | LEXINGTON | KY | 40502 | 610722558 | ASSIST THE KY AUTH. FOR EDUC'L TELE. IN THE PRODUCTION OF EDUC'L PROGRAMS | KY | 501(C)(3) | 170(B)(1) (A)(VI) | 0 |
| KY AUTHORITY FOR EDUCATIONAL TELEVISION | |||||||||
| 600 EAST COOPER DRIVE | LEXINGTON | KY | 40502 | 610600439 | ACQUIRE AND PRODUCE EDUCATIONAL PROGRAMS FOR TELEVISION | KY | 501(C)(3) | 170(B)(1) (A)(VI) | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| KY EDUCATIONAL TELEVISION FOUNDATION | ||
| B | 2102500 | FAIR MARKET VALUE |
| KY EDUCATIONAL TELEVISION FOUNDATION | ||
| J | 668400 | FAIR MARKET VALUE |
| KY EDUCATIONAL TELEVISION FOUNDATION | ||
| I | 14400 | FAIR MARKET VALUE |
| KY AUTHORITY FOR EDUCATIONAL TELEVISION | ||
| O | 74247 | FAIR MARKET VALUE |