CSCharityScored
92

Northern Kentucky Area Developement District

Community Development · Florence, Kentucky

22 Spiral Dr, Florence, KY 41042-1300

EIN: 610719369· Founded: Feb 1999· 27 years active· Filing Year: 2024

Annual Revenue

$36.2M

Total Expenses

$34.8M

Total Assets

$14.9M

Program Spending

103%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$127K

0.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$3.7M

Total Payroll

$3.8M

11% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 11%
Other overhead: -3%
Program Revenue$35.9M (99%)
Total Expenses$34.8M (96%)
Payroll$3.8M (11%)
Overhead (non-program)-3%

Trust Score Breakdown

Program Spending Ratio

103% of expenses go to programs

40%

Revenue & Stability

$36.2M annual revenue

15%

Executive Compensation

$127K total officer comp (0.4% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$14.9M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.