Farmhouse Foundation of Kentucky Inc

Nonprofit profile at a glance

EIN
610926049
IRS 990-EZ coverage
2015–2025
Forms available
Form 990 2021, Form 990-EZ 2025
Location
Versailles, KY, USA
Phone
8598739868
Rating
38
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$7,312
Expenses
$15
Assets
$244,555
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • Patrick J Robinson (Chairman)
  • Damon Talley (Vice Chairman)
  • Casey A Jetton (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote educational support to students attending the University of Kentucky. To accomplish this objective, we support leadership development conferences, training seminars, and improved educational facilities and environment for more than 50 students annually. For 2025, the organization had limited activity.

What it reported doing in 2025

Building for the Future Fund A joint program with the University of Kentucky to insure the continued presence of FarmHouse on the University's campus. The completion of the project provides improved educational facilities and environment for more than 50 students annually. Inactive in 2025.

Operating model

Revenue model
Investment-supported. 97% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 91
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 99.8%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 16,303.67; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -37.9% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -18.9% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: 1.7% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.