Kentucky Nephrology Research Trust Inc
- Assets
- $4.0m
- Revenue
- $786.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Lexington, KY
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 43-1952943
Organization Overview
Kentucky Nephrology Research Trust Inc is located in Lexington, KY. The organization was established in 2003. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Nephrology Research Trust 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 12/2021, Kentucky Nephrology Research Trust Inc generated $786.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 3.0% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CARE TO PATIENTS WITH CHRONIC RENAL FAILURE AND PROMOTE RESEARCH AND TREATMENT OF KIDNEY DISEASE.
Describe the Organization's Program Activity:
KENTUCKY NEPHROLOGY RESEARCH TRUST, INC. ("KNRT") PROVIDES EDUCATION AND SUPPORT TO PATIENTS WITH CHRONIC KIDNEY DISEASE, PRIOR TO PROGRESSING TO END-STAGE RENAL DISEASE WITH DIALYSIS. THE PROGRAM ASSISTS APPROXIMATELY 573 PATIENTS SUFFERING FROM RENAL DISEASE.
KENTUCKY NEPHROLOGY RESEARCH TRUST, INC. ("KNRT") PROVIDES GRANTS TO SUPPORT THE RESEARCH, EDUCATION, PREVENTION, AND CURE OF DISEASES OF THE KIDNEY AND RELATED ILLNESSES. THIS SUPPORT IS BEING EXPANDED TO INCLUDE COLLABORATION BETWEEN THE UNIVERSITY OF KENTUCKY AND THE UNIVERSITY OF FLORIDA RESEARCH INTO THE EFFECTS KIDNEY AND BONE HEALTH ON AGING, AND THE HEALTHY AGING OF PATIENTS WITH RENAL DISEASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sigrun Leonhardt Director/secretary | OfficerTrustee | 20 | $39,095 |
Shane A Ware Director | Trustee | 1 | $1,000 |
Ron Blake President | Trustee | 1 | $1,000 |
Mark Korona Director | Trustee | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $100,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $50 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,050 |
| Total Program Service Revenue | $477,148 |
| Investment income | $77,233 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $56,335 |
| Net Gain/Loss on Asset Sales | $76,012 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $786,778 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $528,119 |
| 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. | $42,095 |
| Compensation of current officers, directors, key employees. | $42,095 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,990 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,864 |
| Payroll taxes | $2,758 |
| 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 | $25,656 |
| Fees for services: Other | $314,800 |
| Advertising and promotion | $0 |
| Office expenses | $7,972 |
| Information technology | $1,556 |
| Royalties | $0 |
| Occupancy | $19,189 |
| Travel | $2,498 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $183 |
| Insurance | $5,388 |
| All other expenses | $0 |
| Total functional expenses | $1,003,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,490 |
| Savings and temporary cash investments | $106,814 |
| 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 | $1,204 |
| Investments—publicly traded securities | $3,744,386 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,450 |
| Total assets | $3,960,344 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $3,960,344 |
| Total liabilities and net assets/fund balances | $3,960,344 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kentucky Nephrology Research Trust Inc has recieved totaling $200,000.
| Awarding Organization | Amount |
|---|---|
Health Humanities Medicine And Art Foundation Lexington, KY PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO PROVIDE FOR THE CARE AND TREATMENT OF PATIENTS WITH RENAL FAILURE AND SUPPORT RESEARCH FOR KIDNEY DISEASES AND RELATED BONE ABNORMALITIES. | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memorial Professional Services Ltd Toledo, OH | $7,092,437 | $15,080,612 |
Little Company Of Mary Affiliated Services Inc Evergreen Park, IL | $0 | $10,997,108 |
Big Springs Medical Association Ellington, MO | $16,418,546 | $19,514,553 |
Third Street Community Clinic Inc Mansfield, OH | $11,972,993 | $20,324,464 |
St Charles Health Council Inc Jonesville, VA | $30,755,824 | $22,559,533 |
Richland Medical Center Inc Richland, MO | $12,501,525 | $20,675,433 |
Bmg Family Physicians Group Foundation Inc Memphis, TN | $2,662,368 | $14,210,561 |
Neighborhood Health Clinics Inc Fort Wayne, IN | $13,928,697 | $17,842,715 |
Parkview Occupational Health Centers Inc Fort Wayne, IN | $3,778,639 | $14,681,645 |
Unison Behavioral Health Group Inc Toledo, OH | $10,072,859 | $19,349,796 |
Ascension Living St Francis Place St Louis, MO | $10,079,462 | $12,062,040 |
Regional Health Care Clinic Inc Sedalia, MO | $17,299,047 | $16,397,671 |