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Kentucky River Area Development District

Hazard, KY · EIN 61-0675786 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Kentucky River Area Development District reported $25.7 million in revenue and $23.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $95.57 went to program services, $4.43 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: 83.7% of the total. Government grants made up 16.2%. The highest compensation it reported for one person was $102,931 (EXECUTIVE DIRECTOR). 1 person received more than $100,000 in reportable compensation. Revenue rose 469% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $24M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $26M

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

FY2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
95.6%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
4.4%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
16.2%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
16.2%3.8%
Program service revenue share
Part VIII 2g ÷ 12
83.7%58.9%
Highest reported compensation
Part VII-A, columns D–F
$102,931$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.44%1.38%
People paid over $100,000
Part VII, line 2
16
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.36.8
Independent voting board members
Part VI 1a–1b
38 of 38100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$3.3M expenses · 14.6% of program spending · grants $3.0M · revenue $503K

Our aging programs provide many types of activities and services to the elderly population of the Kentucky River region. Some of the services provided are homecare services, including home delivered meals, senior center activities, including congregate meals, nutrition, health education, adult day care, health insurance assistance, and ombudsman

$18M expenses · 80.0% of program spending · revenue $20M

Participant directed services (pds) is a program that allows medicaid clients to have more control over their in-home services. Pds medicaid recipients can choose their own employees, home making, and personal care. It is kradd's duty to design a plan of care, make sure services are being provided, and pay medicaid recipient's employees

$471K expenses · 2.1% of program spending · grants $525K

Joint funding administration (jfa) is a program that funds economic development. Kradd administers various projects/grants throughout the region to fund infrastructure, construction, and maintenance

$751K all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Director/trustee, 40.00 hrs/week
$102,931$0$0$102,931

1 people received more than $100,000 in reportable compensation from Kentucky River Area Development District (Part VII, line 2). Compensation of current officers, directors and key employees totaled $139K (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$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$26M$24M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$26M$24M95.6%$500K$102,931
FY2024 ⓘ$20M$20M94.6%−$1.5M$101,125
FY2023 ⓘ$6.0M$6.3M85.3%−$2.0M$96,462
FY2022 ⓘ$5.6M$5.4M84.7%−$1.8M$91,125
FY2021 ⓘ$4.8M$5.2M85.8%−$2.0M$92,342
FY2020 ⓘ$4.5M$4.9M84.5%−$1.7M$117,445

Governance answers, as filed

FY2025 · 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–1b38 · 38 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 11aNo
  • 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 5117

Private foundation grants it received

1 private foundation reported grants to Kentucky River Area Development District totaling $11 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Kentucky River Area Development District's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Kentucky River Area Development District, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in Kentucky

Questions people ask

How much of Kentucky River Area Development District's spending goes to programs?

In the fiscal year ending June 30, 2025, Kentucky River Area Development District reported that 95.6% of its $23.6 million in expenses went to program services, 4.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Kentucky River Area Development District pay its top executive?

The largest total compensation Kentucky River Area Development District reported for one person in the fiscal year ending June 30, 2025 was $102,931, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Kentucky River Area Development District get its money?

Of $25.7 million in revenue in the fiscal year ending June 30, 2025, 16.2% came from contributions and grants (including 16.2% from government grants) and 83.7% from program service revenue (Form 990, Part VIII).

Is Kentucky River Area Development District a registered charity?

The IRS lists EIN 61-0675786 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202523519349300507 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541349349305169 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411149349300341 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349300439 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201299349300800 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100449349300305 · read the filing

All filings for EIN 61-0675786: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.