Nami Kentucky Inc
- Assets
- $260.5k
- Revenue
- $260.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Lexington, KY
- Founding
- 01/1989
- Data as of
- 06/2023
- EIN
- 61-1140329
Organization Overview
Nami Kentucky Inc is located in Lexington, KY. The organization was established in 1989. According to its NTEE Classification (F80) the organization is classified as: Mental Health Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Nami Kentucky Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nami Kentucky 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 06/2023, Nami Kentucky Inc generated $260.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $183.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 8 years. 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
TO PROVIDE EDUCATIONAL PROGRAMS FOR FAMILIES OF MENTALLY ILL PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATE OFFICE: WE PROVIDE AN OFFICE STAFFED BY TWO INDIVIDUALS & MANY VOLUNTEERS. WE PROVIDE SUPPORT FOR FAMILIES OF MENTALLY ILL PERSONS.
ADVOCACY: NAMI PAYS TRAVEL EXPENSES FOR STAFF & VOLUNTEERS TO TRAVEL THE STATE GIVING EDUCATIONAL SEMINARS AND ATTENDING PERTINENT SEMINARS; CONFERENCE AND SEMINAR FEES ARE ALSO PAID FOR OUTREACH & ADVOCACY PURPOSES.
EDUCATION: THE OFFICE PUBLISHES A QUARTERLY NEWSLETTER WHICH IS SENT TO MEMBERS, POLITICIANS, PROFESSIONALS AND CONSUMERS. THE NEWSLETTER DEALS WITH NAMI ACTIVITIES. OUR HELPLINE/INTERNET SITE PROVIDES DIRECT HELP AND INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Promod Bishnoi Director At-Large | Trustee | 1 | $0 |
Ralph Hoskins Director At-Large | Trustee | 1 | $0 |
Sharon Parsons Director At-Large | Trustee | 1 | $0 |
Peter Taylor Director At-Large | Trustee | 1 | $0 |
John Wilson Director At-Large | Trustee | 1 | $0 |
T E Coleman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $954 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $43,345 |
| All other contributions, gifts, grants, and similar amounts not included above | $209,288 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $253,587 |
| Total Program Service Revenue | $0 |
| Investment income | $4,844 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,021 |
| Net Income from Fundraising Events | $387 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $260,839 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $85,691 |
| Compensation of current officers, directors, key employees. | $22,441 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,738 |
| Payroll taxes | $7,362 |
| 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 | $16,022 |
| Advertising and promotion | $3,846 |
| Office expenses | $6,814 |
| Information technology | $9,523 |
| Royalties | $0 |
| Occupancy | $4,945 |
| Travel | $1,900 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,567 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,007 |
| All other expenses | $2,545 |
| Total functional expenses | $183,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,079 |
| Savings and temporary cash investments | $0 |
| 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 | $181,560 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,823 |
| Total assets | $260,462 |
| 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 | $260,462 |
| Total liabilities and net assets/fund balances | $260,462 |