Young Professionals Association of Louisville
Nonprofit profile at a glance
- EIN
- 450483455
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Louisville, KY, USA
- Phone
- 5026250017
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $155,859
- Expenses
- $153,838
- Assets
- $132,586
- Liabilities
- $344
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- TANELLE SAWYER (IMMEDIATE PAST PRESIDENT)
- BENJAMIN DONLON (PRESIDENT)
- CASSIDY HYDE (EXECUTIVE DIRECTOR (THRU 7.2024))
- SAM DRAUT (PRESIDENT-ELECT)
- GRACE HUNECK (EXECUTIVE DIRECTOR (BEG. 10.2024))
Highest reported compensation
- CASSIDY HYDE (EXECUTIVE DIRECTOR (THRU 7.2024)): $43,915 total reported compensation
- GRACE HUNECK (EXECUTIVE DIRECTOR (BEG. 10.2024)): $10,750 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To enhance the vitality of greater louisville by convening, mobilizing, and amplifying the impact of young professionals.
What it reported doing in 2024
Providing leadership development, educational opportunities, and philanthropic support to louisville's young professionals for the benefit of the local community.
Operating model
- Revenue model
- Donor-supported. 64% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 92
- Accountability: 69
- Sustainability: 38
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.4%; rating input score 68
- Program expense ratio: 69.2%; rating input score 69
- Fundraising efficiency: $149.51 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings
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; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 1.3%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.86; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 35.5%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 7% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 7.3% per year; rating input score 100; 57th percentile among comparable filings
Details
- Where the money goes: 68.4% of revenue deployed · 69.2% of spending went to programs
- Governance: 19 of 19 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $106K in reported program spending
- Leadership: top reported pay $44K · 21 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 3 filed schedules · includes major donors
- 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 — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 42/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.