Kentucky Valley Educational Cooperative
- Assets
- $6.6m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 48
- Location
- Hazard, KY
- Founding
- 07/1984
- Data as of
- 06/2020
- EIN
- 61-0729917
Organization Overview
Kentucky Valley Educational Cooperative, operating under the name Cooperative, is located in Hazard, KY. The organization was established in 1984. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2020, Cooperative employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooperative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
KVEC SERVES 22 LOCAL BOARDS OF EDUCATION BY PROVIDING PAYROLL AND PROFESSIONAL DEVELOPMENT SERVICES, TECHNOLOGY SUPPORT, AND ADMINISTRATION OF FEDERAL STATE GRANTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
KVEC SERVES 22 LOCAL BOARDS OF EDUCATION BY PROVIDING PAYROLL AND PROFESSIONAL DEVELOPMENT SERVICES, TECHNOLOGY SUPPORT, AND ADMINISTRATION OF FEDERAL AND STATE GRANTS
KVEC SERVES 22 LOCAL BOARDS OF EDUCATION BY PROVIDING PAYROLL AND PROFESSIONAL DEVELOPMENT SERVICES, TECHNOLOGY SUPPORT, AND ADMINISTRATION OF FEDERAL AND STATE GRANTS
KVEC SERVES 22 LOCAL BOARDS OF EDUCATION BY PROVIDING PAYROLL AND PROFESSIONAL DEVELOPMENT SERVICES, TECHNOLOGY SUPPORT, AND ADMINISTRATION OF FEDERAL AND STATE GRANTS
KVEC SERVES 22 LOCAL BOARDS OF EDUCATION BY PROVIDING PAYROLL AND PROFESSIONAL DEVELOPMENT SERVICES, TECHNOLOGY SUPPORT, AND ADMINISTRATION OF FEDERAL AND STATE GRANTS
KVEC SERVES 22 LOCAL BOARDS OF EDUCATION BY PROVIDING PAYROLL AND PROFESSIONAL DEVELOPMENT SERVICES, TECHNOLOGY SUPPORT, AND ADMINISTRATION OF FEDERAL AND STATE GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Hawkins Exec Director | Officer | 40 | $0 |
Dessie Bowling Assistant Dir | Officer | 40 | $0 |
Jerry Green Board Member | Trustee | 2 | $0 |
Sean Howard Board Member | Trustee | 2 | $0 |
Phillip Watts Board Member | Trustee | 2 | $0 |
Brent Roark Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $0 |
| 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 | $0 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,623,190 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,007,085 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $121 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,630,396 |
| Accounts payable and accrued expenses | $502,166 |
| 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 | $502,166 |
| 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 |
| Total liabilities and net assets/fund balances | $6,128,230 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Kentucky Valley Educational Cooperative has recieved totaling $515,000.
| Awarding Organization | Amount |
|---|---|
W K Kellogg Foundation Battle Creek, MI PURPOSE: INCREASE STUDENT ACHIEVEMENT AND COMMUNITY PROSPERITY BY PILOTING DISTRICT-LEVEL CAPACITY-BUILDING EFFORTS IN SEVERAL EASTERN APPALACHIAN ELEMENTARY PUBLIC SCHOOL DISTRICTS THAT TARGET TEACHERS, PRINCIPALS, PARENTS AND COMMUNITY MEMBERS WITH DIFFERENTIATED AND PERSONALIZED PROFESSIONAL DEVELOPMENT | $280,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $100,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $100,000 |
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: General | $25,000 |
National Center For Research In Advanced Information & Digital Tec Washington, DC PURPOSE: GRANT SUPPORTED EDUCATION INNOVATION CLUSTERS IN DEVELOPING RESEARCH DESIGNS TO ANSWER QUESTIONS ABOUT THE MAKEUP, FUNCTIONS, AND IMPACTS OF THEIR NETWORKS AND WORK. THIS WORK INFORMED A LARGER RESEARCH AGENDA FOR THE FIELD. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
School Smart Kc Inc Kansas City, MO | $7,202,506 | $7,640,451 |
Kappa Kappa Gamma Foundation Dublin, OH | $48,213,422 | $9,077,849 |
Nashville Christian Schools Inc Nashville, TN | $15,861,527 | $11,380,929 |
Global Entrepreneurship Network Inc Arlington, VA | $6,928,946 | $10,036,868 |
Miller School Of Albermarle Charlottesville, VA | $35,553,057 | $8,965,798 |
United States Public Policy Council Mc Lean, VA | $515,116 | $8,099,974 |
Illinois Cpa Society Chicago, IL | $13,009,574 | $9,942,006 |
Bowling Green Warren County Primary Care Center Inc Bowling Green, KY | $15,935,520 | $7,530,325 |
Horizon Science Academy Of Lorain Lorain, OH | $7,416,204 | $11,463,711 |
Memphis Rise Academy Inc Memphis, TN | $16,603,150 | $9,374,095 |
Chicago Bar Foundation Chicago, IL | $2,729,689 | $8,402,012 |
City Garden Montessori School St Louis, MO | $12,889,488 | $6,696,246 |