Leadingage Kentucky Foundation Inc
Nonprofit profile at a glance
- EIN
- 610997261
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024
- Location
- Louisville, KY, USA
- Phone
- 5029924380
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
- Affiliation
- Christianity
Reported finances
- Revenue
- $349,817
- Expenses
- $317,528
- Assets
- $82,925
- Liabilities
- $112,578
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- JASON SQUIRES (PRESIDENT)
Highest reported compensation
- JASON SQUIRES (PRESIDENT): $149,207 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization supports not-for-profit community, church and government sponsored homes for the elderly by providing support to leadingage Kentucky, inc.
What it reported doing in 2025
Support for not-for-profit community, church and government sponsored homes to the elderly by providing support to leadingage Kentucky, inc.
Operating model
- Revenue model
- Grant-funded. 70% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 99% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 34
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.5%; rating input score 90
- Program expense ratio: 98.6%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 9.2%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 0.26; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 1.36; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 9.8%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 27.3% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 25.3% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 89.5% of revenue deployed · 98.6% of spending went to programs
- Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $313K in reported program spending
- Leadership: top reported pay $149K · 5 people listed
- Highest-paid contractors: 1 contractor listed · $244K reported
- Consistency: 16 of 16 current checks pass
- Schedules: 4 filed schedules · includes major donors
- 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 — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Operating margin scored 55/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 27/100.