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Specialized Alternatives for Families & Youth of Kentucky

Also known as Safy of Kentucky Inc.

Lexington, KY · EIN 26-1641642 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Specialized Alternatives for Families & Youth of Kentucky reported $13.0 million in revenue and $12.4 million in expenses for calendar year 2024. Of every $100 it spent, $87.03 went to program services, $12.97 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.7% of the total. The highest compensation it reported for one person was $422,881 (PRESIDENT &). 2 people received more than $100,000 in reportable compensation. Revenue rose 8% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $13M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 3,614 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
87.0%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
13.0%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
7.3%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
92.7%70.8%
Highest reported compensation
Part VII-A, columns D–F
$422,881$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.40%1.18%
People paid over $100,000
Part VII, line 2
26
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.86.9
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$7.9M expenses · 73.3% of program spending · revenue $8.6M

Safy of kentucky provides therapeutic/treatment foster care to children who experience trauma and are removed from family via court action. Safy recruits and trains foster parents to provide safe and stable environments while addressing the emotional and behavioral needs of the child and make positive changes in their lives. Our overall goal is to assist children achieve permanancy

$2.2M expenses · 20.5% of program spending · revenue $2.7M

Independent living - safy of kentucky's independent living program serves all seven divisions. This program is designed for youth who want to make the most of their lives. Youth learn the necessary skills to live on their own, such as financial management, tax preparation, budgeting and other life skills. Safy strives to make the transition into adulthood as smooth as possible

$669K expenses · 6.2% of program spending · revenue $785K

Empowering families - safy of kentucky's family preservation and reunification services walk alongside families to help build the skills parents need to ensure a nurturing environment where youth can be safely cared for within the home. Our goal is to keep families together when safely possible because healthy families build strong communities

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT &
Officer, 1.00 hrs/week
$0$376,246$46,635$422,881
TREASURER
Officer, 1.00 hrs/week
$0$262,004$44,690$306,694
VICE PRESIDE
Officer, 1.00 hrs/week
$0$186,534$8,282$194,816
SECRETARY
Officer, 1.00 hrs/week
$0$150,262$12,373$162,635
KY EXEC DIRE
Officer, 40.00 hrs/week
$151,460$0$10,315$161,775
TREATMENT DI
Highest compensated employee, 40.00 hrs/week
$101,912$0$11,655$113,567

2 people received more than $100,000 in reportable compensation from Specialized Alternatives for Families & Youth of Kentucky (Part VII, line 2). Compensation of current officers, directors and key employees totaled $159K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$13M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$13M$12M87.0%$879K$422,881
2023 ⓘ$12M$12M87.1%$339K$368,670
2022 ⓘ$12M$12M85.1%$114K$366,149
2021 ⓘ$15M$15M85.2%$788K$394,751
2020 ⓘ$14M$14M85.3%$674K$363,608
2019 ⓘ$12M$12M85.3%$826K$354,892

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 582
  • Volunteers Part I, line 613

Correct a figure or respond

Every number above is copied from Specialized Alternatives for Families & Youth of Kentucky's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Specialized Alternatives for Families & Youth of Kentucky, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All human services charities · Largest charities in Kentucky

Questions people ask

How much of Specialized Alternatives for Families & Youth of Kentucky's spending goes to programs?

In calendar year 2024, Specialized Alternatives for Families & Youth of Kentucky reported that 87.0% of its $12.4 million in expenses went to program services, 13.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Specialized Alternatives for Families & Youth of Kentucky pay its top executive?

The largest total compensation Specialized Alternatives for Families & Youth of Kentucky reported for one person in calendar year 2024 was $422,881, for the role of PRESIDENT & (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Specialized Alternatives for Families & Youth of Kentucky get its money?

Of $13.0 million in revenue in calendar year 2024, 7.3% came from contributions and grants and 92.7% from program service revenue (Form 990, Part VIII).

Is Specialized Alternatives for Families & Youth of Kentucky a registered charity?

The IRS lists EIN 26-1641642 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202522659349300907 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202433199349311168 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303199349307800 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203199349307060 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133199349301938 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033039349300003 · read the filing

All filings for EIN 26-1641642: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.