CSCharityScored
89

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: 2023

Annual Revenue

$29.9M

Total Expenses

$29.1M

Total Assets

$12.7M

Program Spending

102%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$161K

0.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$3.2M

Total Payroll

$3.3M

11% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 11%
Other overhead: -2%
Program Revenue$29.7M (99%)
Total Expenses$29.1M (97%)
Payroll$3.3M (11%)
Overhead (non-program)-2%

Trust Score Breakdown

Program Spending Ratio

102% of expenses go to programs

40%

Revenue & Stability

$29.9M annual revenue

15%

Executive Compensation

$161K total officer comp (0.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$12.7M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.