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Kentucky · Nonprofit

KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION

KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION (Kentucky) receives grants from 2 organizations whose IRS filings report $204,250 to it, the largest being COMMONWEALTH CREDIT UNION ($114,250). 1 of them have funded it in more than one year.

Revenue FY2024
$113k
Funders on record
2
Grants received
$204k
Net assets
$201k
1/2 repeat funderspeak grant-dependency 29%
01What it does

What Kentucky Financial Empowerment Foundation does

Mission

The Kentucky Financial Empowerment Foundation 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.

As stated on its FY2024 Form 990.

Program

  1. Assist local school boards in obtaining financial literacy software or presenters.

    $311,103 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $311,103.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($228k) Expenses 100 ($29k) Net assets 100 ($199k)2021 Revenue 115 ($262k) Expenses 308 ($90k) Net assets 184 ($367k)2022 Revenue 87 ($198k) Expenses 420 ($123k) Net assets 222 ($442k)2023 Revenue 87 ($199k) Expenses 648 ($189k) Net assets 227 ($452k)2024 Revenue 49 ($113k) Expenses 1173 ($342k) Net assets 101 ($201k)
20202021202220232024
Revenue (49)Expenses (1173)Net assets (101)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $452k to $238k (−47%).

$199k
$367k
$442k
$452k
$238k
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

98% of KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$199k
’20
$172k
’21
$75k
’22
$10k
’23
−$229k
’24
8.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jennifer Inman

Executive director

Board chair

Mark Metcalf

Chairperson

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2020 and FY2021, and between the FY2021 and FY2022 filings.

20202021202220232024
Listed413131211
Joined·+9+5+4+0
No longer listed·0551
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income held at $57k.

Funder
'20
'23
'24*
total
$114k
funders
1
1
1

From the IRS filings of KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION leans on a few funders — its largest provides 56% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION.

56%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

56% of KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION's grant income comes from Kentucky funders.

NY
KY

In-state vs out-of-state, by year

’20
’23
Kentucky out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION is better cushioned than half of the 22,812 education nonprofits its size.

Operating margin−203% · bottom quartile
Months of reserve8.4mo · above the median
Revenue growth (annualized)−16% · bottom quartile

this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024

Organizations like KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

KY

Part of a family of 1 related entity

  • Kentucky Financial Empowerment Commission · exempt

Screen this organization

A dated, signed PDF of the compliance screen for KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION?
KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION (Kentucky) receives grants from 2 organizations whose IRS filings report $204,250 to it, the largest being COMMONWEALTH CREDIT UNION ($114,250). 1 of them have funded it in more than one year.
How many funders does KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION have?
IRS filings report 2 organizations giving $204,250 in grants to KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION?
COMMONWEALTH CREDIT UNION is the largest funder on record, with $114,250 in grants. The full list of funders is on this page.
How can an organization like KENTUCKY FINANCIAL EMPOWERMENT FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Kentucky Financial Empowerment →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing