Overview

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Est.

2019

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Kentucky Financial Empowerment Foundation (EIN: 84-3265189) is a nonprofit organization dedicated to providing financial literacy and empowerment instruction and services to diverse groups, including K-12 students, veterans, low-income Kentuckians, and aging Kentuckians. With an operating budget of $342.1K and total revenue of $112.9K for the filing year 2024, the organization relies on multiple funders, with no single source contributing more than 50% of its revenue. For more information, visit www.kyfec.org.

Mission Statement

THE KFEC WAS FORMED TO PROVIDE FINANCIAL LITERACY AND EMPOWERMENT INSTRUCTION AND SERVICES TO A WIDE RANGE OF INDIVIDUALS, INCLUDING K-12 STUDENTS, VETERANS, LOW-INCOME KENTUCKIANS AND AGING KENTUCKIANS.
Revenues
$112.9K
Expenses
$342.1K
Net Income:
-$229.2K
Assets
$238.1K
Liabilities
$36.8K
Net Assets:
+$201.3K
Operating Budget
$342.1K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$90K
Largest grant received
$90K
J
Jennifer Inman
Board Member
D
David Sandlin
Board Member
A
Abdullah Al-Bahrani
Board Member

Frequently Asked Questions

What is KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION’s budget?
In 2024, KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION reported an annual operating budget of around $342 thousand. More detailed financial information is available to registered users.
What causes does KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION support?
KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION supports work in Education.
Where does KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION operate?
KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION is headquartered in Frankfort, KY.
Who funded KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION recently?
In 2024, KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION received grants from CITIES FOR FINANCIAL EMPOWERMENT FUND INC, COMMONWEALTH CREDIT UNION, and COMMONWEALTH CREDIT UNION. More information on this organization’s funders is available to registered users.
What is the largest grant KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION received in 2024?
The largest grant to KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION in 2024 exceeds $90 thousand.