Kentucky Cattlemen's Foundation Inc

Nonprofit profile at a glance

EIN
611237825
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Lexington, KY, USA
Phone
8592780899
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$11,872,225
Expenses
$746,941
Assets
$23,546,614
Liabilities
$47,455

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

Leadership & pay

15 people listed

Executive titles in this filing

  • DAVE MAPLES (EXECUTIVE VICE PRESIDENT)

People named in this filing

  • DAVE MAPLES (EXECUTIVE VICE PRESIDENT)
  • DAVID WILLIAMS (CHAIRMAN)
  • DON PEMBERTON (VICE CHAIRMAN)

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

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

Overview

Mission

The organization has been built on the legacy of Kentucky beef producers who value hard work, leadership, and education. It honors that legacy while ensuring the state has the resources to grow the next generation of leaders, innovators, and advocates for the beef industry.

What it reported doing in 2025

The organization's leadership development program equips producers with the knowledge, skills and confidence to lead the cattle industry and agriculture forward. The leadership programs objectives are to improve leadership and communication skills and provide a deeper understanding of the beef industry. Participants in the leadership development program must be Kentucky residents who are 22 years of age or older; they're often sponsored by their local state agriculture extension office. The program is held over a period of two years and consists of six sessions with tours and meetings both within and outside of the state.

Operating model

Revenue model
Grant-funded. 93% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 95% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 30
  • Transparency & Controls: 76
  • Accountability: 88
  • Sustainability: 98
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 9.2%; rating input score 9
  • Program expense ratio: 75.7%; rating input score 76
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 10th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 48.5%; rating input score 49; 16th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 93.7%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 31.52; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 93; 93rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: 16.8% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 25.8% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 20.8% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 9.2% of revenue deployed · 75.7% of spending went to programs
  • Governance: 15 of 15 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $565K in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Highest-paid contractors: 1 contractor listed · $403K reported
  • Consistency: 24 of 25 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 10 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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 9/100.
  • Moderate — Transparency & Controls: Grant itemization coverage scored 49/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.