Kentucky State Beekeepers Association
Nonprofit profile at a glance
- EIN
- 237116601
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Louisville, KY, USA
- Phone
- 5025529222
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Animal Husbandry
Reported finances
- Revenue
- $45,727
- Expenses
- $111,651
- Assets
- $37,297
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- TIM SHEEHAN (PRESIDENT)
People named in this filing
- DUANE KEEHAN (DIRECTOR)
- LAURIE EIDEN (DIRECTOR)
- TIM SHEEHAN (PRESIDENT)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Education of beekeepers, the board of directors and members work to educate new and experienced beekeepers how to improve colony and queen health, improve honey yields, increase the number of honey bee colonies and be prepared for new threats to honeybees. The association also serves as a honey cooperative to sell members' honey at the Kentucky state fair annually. The association encourages local beekeeping clubs to provide an intimate community of beekeepers throughout Kentucky. The association educates the public about the importance and contribution of honeybees to agriculture and the welfare of the people of Kentucky.
What it reported doing in 2024
Seminars held periodically during the year throughout the state of Kentucky, training schools, hands-on beekeeping field day and beekeeping publications to educate new and experienced beekeepers.
Operating model
- Revenue model
- Earned-program. 62% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 16
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 79.3%; rating input score 79
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -144.2%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 16.3% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 6.8% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: -1.9% per year; rating input score 0; 32nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 79.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $89K in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- 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 — Sustainability: Operating margin scored 6/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.