Kentucky Baptist Fellowship Inc
- Assets
- $341.6k
- Revenue
- $480.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 07/1985
- Data as of
- 04/2023
- EIN
- 31-1130021
Organization Overview
Kentucky Baptist Fellowship Inc is located in Louisville, KY. The organization was established in 1985. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Baptist Fellowship Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, Kentucky Baptist Fellowship Inc generated $480.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $413.0k during the year ending 04/2023. While expenses have increased by 3.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO EQUIP AND EMPOWER KENTUCKY BAPTIST CHURCHES AND CHRISTIANS, CULTIVATE PARTNERSHIPS, AND ENGAGE IN MISSIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXTREME BUILD - IN ONE OF KENTUCKY'S POOREST COUNTIES, ASSISTED AN AT-RISK FAMILY WITH CONSTRUCTION OF A HOME AND PROVIDED GRANT FUNDS TO HELP DEFRAY THE COST OF A MORTGAGE.
WE FUND VARIOUS MISSIONS INCLUDING CHURCH STARTS, EDUCATION, AND CONNECTING CHURCHES AND INDIVIDUALS WITH NEEDED MISSIONS, PARTNERING DIVERSE CHURCHES AND PEOPLES. A SMALL ANNUAL GRANT IS MADE TO BAPTIST SEMINARY OF KENTUCKY AND THE KENTUCKY COUNSIL OF CHURCHES, GEORGETOWN COLLEGE, CAMPBELLSVILLE UNIVERSITY AND SIMMONS COLLEGE.
SUPPORT OF PROTESTANT CHURCH WORK IN MOROCCO. SUPPORT OF WORK WITH REFUGEES & MIGRANTS.
PROVIDE DISASTER REPSONSE ASSISTANCE BOTH FINANCIALLY AND WITH VOLUNTEERS IN AREAS AFFECTED BY NATURAL DISASTERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Hargrove Past Moderator | Trustee | 10 | $0 |
Alex Lockridge Moderator | Trustee | 10 | $0 |
Molly Shoulta-Tucker Moderator-Elect | Trustee | 10 | $0 |
Kimbrough Simmons Administrative Chair | Trustee | 10 | $0 |
Jeremy Shannon Missions Chair | Trustee | 10 | $0 |
Tim Shindler Ministries Chair | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $478,289 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $478,289 |
| Total Program Service Revenue | $0 |
| Investment income | $2,352 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $480,641 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,324 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $44,805 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,000 |
| Pension plan accruals and contributions | $8,716 |
| Other employee benefits | $45,000 |
| Payroll taxes | $1,530 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $459 |
| Advertising and promotion | $0 |
| Office expenses | $14,987 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,230 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,884 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,588 |
| Total functional expenses | $413,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249,149 |
| Savings and temporary cash investments | $92,479 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $341,628 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,214 |
| Total liabilities | $4,214 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $337,414 |
| Total liabilities and net assets/fund balances | $341,628 |