Kentuckiana Friends of V Corporation
Nonprofit profile at a glance
- EIN
- 825474838
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025
- Location
- Clarksville, IN, USA
- Phone
- 5025332919
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $122,474
- Expenses
- $111,852
- Assets
- $40,506
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- GWEN DAVIS (PRESIDENT)
- ANDY JOY (VICE-PRESIDENT)
People named in this filing
- NORMAN WALKER (VICE-CHAIRMAN)
- GWEN DAVIS (PRESIDENT)
- JENNIE REES (DIRECTOR)
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
The objective of the organization is to raise funds for cause driven cancer research and preventative initiatives in the kentuckiana area
What it reported doing in 2025
Fundraising through recreational sporting tournaments and events which provides funds for charitable grantsgolf tournament, bocce ball tournament, vehicle racing &basketball exhibition games.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. 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: 21
- Transparency & Controls: 100
- Sustainability: 43
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 19.9%; rating input score 20
- Program expense ratio: 21.8%; rating input score 22
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 8.7%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 32.8%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 39.1% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 28.5% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: -19.9% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 19.9% of revenue deployed · 21.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $24K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 20/100.
- High — Financial Efficiency: Program expense ratio scored 22/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Review — Sustainability: Operating margin scored 52/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.