philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

B-Tadd Development Foundation INC FY2023 filing

Not tax-deductible

Maysville, KY501(c)(4)EIN 31-0926158

This page gets seen. Tell your story. Claim this org.

Provides low interest loans and grants to nonprofits, local governments, and special districts to help support the local communities.

Mission: Form 990 Part I, line 1

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $20K a year · 88% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
772 mo
of spending, in cash
Looks good: 772.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$31K
+226% vs prior year
Spent
$3K
To programs
0%
Net assets
$724K
By yearFY2020–FY2025
Revenue
$31K
FY2023▲ +226%
Revenue by fiscal year
FY2020$20K
FY2021$16K
FY2022$10K
FY2023$31K
FY2024$35K
FY2025$27K
Expenses
$3K
FY2023▼ -18%
Expenses by fiscal year
FY2020$2K
FY2021$3K
FY2022$3K
FY2023$3K
FY2024$3K
FY2025$3K
Net assets
$724K
FY2023▲ +4%
Net assets by fiscal year
FY2020$676K
FY2021$689K
FY2022$695K
FY2023$724K
FY2024$757K
FY2025$781K

From the FY2023 Form 990 (year ending June 2023) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $3K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Karen Curtis
Director
$0Pt VII · Sec A
Mike Forman
Director
$0Pt VII · Sec A
John Holder
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See B-Tadd Development Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers loans and grants to support local communities.

Provided by the organization

Know this organization? Claim it to add your story

1 program · in their own filed words · FY2022
01

Organization assists publicly supported nonprofit organizations, local governments, and special districts within the five county buffalo trace area (mason, lewis, bracken, fleming, and robertson counties) in developing real and personal property by providing low interest loans and grants.

Pt IX · col B

By the numbers

The FY2023 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$31K
Ln 12
Investment incomeLn 3$31K
Money outPt IX
$3K
Ln 25
Managementcol C$3K
Owns and owesPt X
$724K
net assets · Ln 32
Cash and savingsLn 1–2$180K
Total assetsLn 16$724K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$31K
Gains on assetsLn 7$18K
Total revenueLn 12$31K
Assets in detailPt X, end of year
CashLn 1$2
SavingsLn 2$180K
Cash and savings togetherLn 1–2$180K
InvestmentsLn 11–13$323K
Total assetsLn 16$724K
LiabilitiesLn 26$0
Net assetsLn 32$724K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$165K$180K
InvestmentsLn 11–13$299K$323K
Total assetsLn 16$695K$724K
LiabilitiesLn 26$0$0
Net assetsLn 32$695K$724K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$2K$2K
Conferences, conventions and meetingsLn 19$383$383
Other expenses (24a–d)Ln 24$15$15
Total functional expensesLn 25$3K$0$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $27K$3K$24K$781K 990 PDF
FY2024 $35K$3K$32K$757K 990 PDF
FY2023 Viewing $31K$3K$28K$724K 990 PDF
FY2022 $10K$3K$6K$695K 990 PDF
FY2021 $16K$3K$13K$689K 990 PDF
FY2020 $20K$2K$18K$676K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $31,098 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $13,457$13,457
VIII-7 Net gain or loss on sales of assetsExcluded from tax $17,641$17,641
VIII-12 Total revenueExcluded from tax $31,098$31,098
Part IX · Statement of functional expenses $2,798 across 3 lines filed
IX-11c Accounting feesManagement $2,400$2,400
IX-19 Conferences, conventions and meetingsManagement $383$383
IX-24 Other expenses (24a–d)Management $15$15
IX-25 Total functional expensesPrograms $0 · Management $2,798 · Fundraising $0$2,798
Part X · Balance sheet $723,760 assets, 8 lines filed
Asset lines not itemized here account for $221,183; see the IRS return.
X-1 Cash, non-interest-bearing$2
X-2 Savings and temporary cash investmentsStart of year $165,481$179,999
X-11 Publicly traded securitiesStart of year $298,811$322,576
X-16 Total assetsStart of year $695,460$723,760
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $695,460$723,760
X-32 Total net assets or fund balancesStart of year $695,460$723,760
X-33 Total liabilities and net assetsStart of year $695,460$723,760
Part XI · Reconciliation of net assets $723,760 net assets at year end
XI-1 Total revenue$31,098
XI-2 Total expenses$2,798
XI-3 Revenue less expenses$28,300
XI-4 Net assets at start of year$695,460
XI-10 Net assets at end of year$723,760

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.