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Kentucky · Nonprofit

THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC

THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC (Kentucky) receives grants from 6 organizations whose IRS filings report $76,540 to it, the largest being DAVID W HENDERMAN FOUNDATION INC ($52,000). 5 of them have funded it in more than one year.

Revenue FY2025
$230k
Funders on record
6
Grants received
$77k
Net assets
$2.4M
5/6 repeat funderspeak grant-dependency 6%
01What it does

What The Educational Foundation of the Kentucky Society of Cpas Inc does

Mission

The educational foundation of the kentucky society of certified public accountants (educational foundation), founded in 1961, is a not-for-profit organization dedicated to enhancing the number of college degrees in kentucky, expanding the pipeline of financial professionals in the business marketplace, improving the financial literacy of kentucky's youth and revealing to students the boundless career opportunities open to those who pursue an accounting degree.

As stated on its FY2025 Form 990.

Program

  1. The foundation supports a cpa firm at junior achievement biztown in louisville and in lexington. Ja biztown combines in-class learning with hands on learning at biztown. Through the efforts of the foundation, ja now includes a cpa in each of the other store fronts at biztown. These efforts expose approximately 28,000 5th graders each year to the accounting profession.the foundation provides scholarships to college students who are pursuing a degree in accounting. These scholarships are awarded after a comprehensive application process and review. During the 2024-25 fiscal year, the foundation awarded 34 scholarships for a total of $61,500. The foundation currently has 28 named scholarships which require a $50,000 pledge. Extensive fundraising efforts allow the foundation to support the cpa firm at both the louisville and lexington biztowns and provide the scholarships. We have been successful because of the overwhelming support from the cpa community. Their contributions have allowed the foundation to continue programs at the grade school, high school and college level. We understand that everyone including public practice firms and industry are dealing with the issue of a…

    $99,828 spentof which $61,500 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $99,828.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($132k) Expenses 100 ($130k) Net assets 100 ($1.4M)2019 Revenue 85 ($112k) Expenses 76 ($100k) Net assets 108 ($1.6M)2020 Revenue 87 ($114k) Expenses 82 ($108k) Net assets 109 ($1.6M)2021 Revenue 153 ($202k) Expenses 68 ($89k) Net assets 138 ($2.0M)2022 Revenue 106 ($140k) Expenses 62 ($81k) Net assets 118 ($1.7M)2023 Revenue 91 ($120k) Expenses 68 ($88k) Net assets 131 ($1.9M)2024 Revenue 201 ($264k) Expenses 65 ($85k) Net assets 152 ($2.2M)2025 Revenue 175 ($230k) Expenses 77 ($100k) Net assets 168 ($2.4M)
'17'19'20'21'22'23'24'25
Revenue (175)Expenses (77)Net assets (168)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 2020 to 2021, from $1.6M to $2.0M (+26%).

$1.5M
$1.6M
$1.6M
$2.0M
$1.7M
$1.9M
$2.2M
$2.4M
'17'19'20'21'22'23'24'25
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.

2017
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

56% of THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC’s revenue is contributions — about as donation-reliant as the typical peer (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. 0 of the last 8 reported years ran a deficit.

$1k
’17
$12k
’19
$7k
’20
$113k
’21
$59k
’22
$31k
’23
$179k
’24
$130k
’25
4.5
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

Darlene Zibart

CEO

Board chair

Lori L Elam

Chair

As listed on its FY2025 Form 990.

'17'19'20'21'22'23'24'25
Listed139111010101010
Joined··+4+6+0+2+2+3
No longer listed··270223
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $4k → $8k.

3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC’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

THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC leans on a few funders — its largest provides 68% of grant income and the top three 90%; half comes from just 1 funder.

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

68%
largest funder
90%
top three
~2
effective funders

Largest funder’s share by year: 2017 82% · 2018 51% · 2019 100% · 2020 100% · 2021 50% · 2022 95% · 2023 64% — diversifying over time.

“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

100% of THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC's grant income comes from Kentucky funders.

KY

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

’17
’18
’19
’20
’21
’22
’23
Kentucky out of state home

Funder states come from each funder’s own filing. $14k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC runs a healthier operating margin than three-quarters of the 16,849 education nonprofits its size.

Operating margin57% · top quartile
Months of reserve4.5mo · below the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC

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

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

80%

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 Society of Certified Public Accountants · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC: 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 THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC?
THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC (Kentucky) receives grants from 6 organizations whose IRS filings report $76,540 to it, the largest being DAVID W HENDERMAN FOUNDATION INC ($52,000). 5 of them have funded it in more than one year.
How many funders does THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC have?
IRS filings report 6 organizations giving $76,540 in grants to THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC, 5 of which have funded it in more than one year.
Who is the largest funder of THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC?
DAVID W HENDERMAN FOUNDATION INC is the largest funder on record, with $52,000 in grants. The full list of funders is on this page.
How can an organization like THE EDUCATIONAL FOUNDATION OF THE KENTUCKY SOCIETY OF CPAS INC 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 Educational Foundation of the Kentucky Society of Cpas →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 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