University of Kentucky Real Estate Foundation Inc
Nonprofit profile at a glance
- EIN
- 900351265
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-EZ 2019, Form 990-T 2024, Form 990-N 2017
- Location
- Lexington, KY, USA
- Phone
- 8592577886
- Rating confidence
- Limited
- Sector
- Single Organization Support
Reported finances
- Revenue
- $0
- Expenses
- $15,168
- Assets
- $1,386,818
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- GEORGE WARD (PRESIDENT)
- J FORD STANLEY (EXECUTIVE DIRECTOR & TREASURER)
Highest reported compensation
- GEORGE WARD (PRESIDENT): $15,958 total reported compensation
- J FORD STANLEY (EXECUTIVE DIRECTOR & TREASURER): $13,144 total reported compensation
- G THOMAS BARKER (SECRETARY): $13,008 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o.
What it reported doing in 2024
See schedule o
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 64
- Accountability: 49
- Sustainability: 36
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 60%; rating input score 60; 21st percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 91.43; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 277.6%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -36% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -21.1% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -2.3% per year; rating input score 0; 29th percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: 3 of 5 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $15K in reported program spending
- Leadership: top reported pay $16K · 6 people listed · 0 of 6 pay-setting controls reported
- Consistency: 41 of 42 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Governance controls: 6 of 9 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Fund balance restriction sum did not reconcile in the filed values.