Kentucky Wholesale Distributors Assn Inc Fka Kentucky Tobacco & Candy Assn Inc

Nonprofit profile at a glance

EIN
237273119
IRS 990-EZ coverage
2011–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Prospect, KY, USA
Phone
5022235322
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$112,130
Expenses
$94,214
Assets
$136,523

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • ROSS HAYNES (President)
  • BRAD STEPHENS (Vice President)

People named in this filing

  • ROSS HAYNES (President)
  • BRAD STEPHENS (Vice President)
  • DAN MCINTYRE (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Business welfare of the tobacco and candy industries

What it reported doing in 2024

Poster yearbook free to all members, public newsletter and means to disseminate information. Assist with member specific information and governmental regulations, laws affecting members and answering public questions.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. Assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 82
  • Sustainability: 60
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.2%; rating input score 83
  • Program expense ratio: 99%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 16%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 1.45; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 7.7% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 4.7% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: -3.7% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 83.2% of revenue deployed · 99% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $93K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2011 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 — Growth: Asset growth scored 0/100.