The program's mission is to enhance kentucky's next generation of civic and economic leaders.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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
1 of 6
filings with a surplus
Average deficit $109K a year · 5% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
6 mo
of spending, in cash
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $224K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
35
of 35 voting members
Looks good: 35 of 35 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.0M
Spent
$1.6M
To programs
76%
Net assets
$725K
By yearFY2020–FY2025
Revenue
$2.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.0M
FY2021$2.2M
FY2022$2.1M
FY2023$2.4M
FY2024$2.9M
FY2025$2.6M
Expenses
$1.6M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.6M
FY2021$2.4M
FY2022$2.5M
FY2023$2.7M
FY2024$2.9M
FY2025$2.8M
Net assets
$725K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$725K
FY2021$581K
FY2022$400K
FY2023$248K
FY2024$224K
FY2025$86K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Dec 1983.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $1.2M Management & general 24% · $367K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

34 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Jennifer Price$166,100———
Aris Cedeno—$164,800$160,000$154,700

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Helps high school seniors grow academically, socially, and personally.

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3 programs · $1.2M · in their own filed words · FY2020
01

In 2020, the program placed high school rising seniors on 2 college campuses for 6 days of academic, social and personal growth. Over 900 students participated in the program.

$1.1Mprogram expense
02

The program tracks alumni and hosts a website for GSP alumni.

$51Kprogram expense
03

Diversity initiatives program. Staff travel across the state to hold workshops to encourage students to apply and to help them complete competitive applications.

$4Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$224K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Gifts and grantsLn 1h$2.0M
Investment incomeLn 3$475
Money outPt IX
$1.6M
Ln 25
Programscol B$1.2M
Managementcol C$367K
Owns and owesPt X
$725K
net assets · Ln 32
Cash and savingsLn 1–2$723K
Total assetsLn 16$730K
LiabilitiesLn 26$4K
PeoplePt VI, VII
34
listed · VII A
PaidVII A0
Voting boardVI 1a35
IndependentVI 1b35
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.0M
Government grantsLn 1e$1.9M
Noncash giftsLn 1g$49K
Investment incomeLn 3$475
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
SavingsLn 2$723K
Cash and savings togetherLn 1–2$723K
Land, buildings, equipmentLn 10c$5K
Total assetsLn 16$730K
LiabilitiesLn 26$4K
Net assetsLn 32$725K
OperationsPt I, VI
EmployeesI 510
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$227K$723K
Land, buildings, equipmentLn 10c$6K$5K
Total assetsLn 16$300K$730K
LiabilitiesLn 26$12K$4K
Net assetsLn 32$288K$725K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$145K$83K$62K
Other salaries and wagesLn 7$366K$207K$159K
Pension plan contributionsLn 8$28K$28K
Payroll taxesLn 10$38K$21K$17K
Accounting feesLn 11c$4K$4K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$24K$11K$14K
Information technologyLn 14$6K$120$6K
OccupancyLn 16$28K$28K
TravelLn 17$7K$6K$355
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$86K$48K$38K
Other expenses (24a–d)Ln 24$778K$778K$140
All other expensesLn 24e$38K$31K$7K
Total functional expensesLn 25$1.6M$1.2M$367K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.6M$2.8M−$138K$86K 990 PDF
FY2024 $2.9M$2.9M−$24K$224K 990 PDF
FY2023 $2.4M$2.7M−$354K$248K 990 PDF
FY2022 $2.1M$2.5M−$354K$400K 990 PDF
FY2021 $2.2M$2.4M−$224K$581K 990 PDF
FY2020 Viewing $2.0M$1.6M$438K$725K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,989,021 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,394,445$1,988,546
I-9 Program service revenue$0
I-10 Investment incomePrior year $1,283$475
I-11 Other revenuePrior year $2,000$0
I-12 Total revenuePrior year $2,397,728$1,989,021
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $581,218$576,115
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,859,438$975,251
I-18 Total expensesPrior year $2,440,656$1,551,366
I-19 Revenue less expensesPrior year −$42,928$437,655
Part VI · Governance 35 of 35 board members independent, 2 to look at
VI-1a Voting members of the governing body35
VI-1b Independent voting members35
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,989,021 across 7 lines filed
VIII-1d Related organizations$99,986
VIII-1e Government grants$1,874,400
VIII-1f All other contributions, gifts and grants$14,160
VIII-1g Noncash contributions (included above)$49,146
VIII-1h Total contributions, gifts and grants$1,988,546
VIII-3 Investment incomeRelated to mission $475$475
VIII-12 Total revenueRelated to mission $475$1,989,021
Part IX · Statement of functional expenses $1,551,366 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $82,534 · Management $62,484$145,018
IX-7 Other salaries and wagesPrograms $206,894 · Management $158,782$365,676
IX-8 Pension plan contributionsManagement $27,500$27,500
IX-10 Payroll taxesPrograms $20,994 · Management $16,927$37,921
IX-11c Accounting feesManagement $4,472$4,472
IX-12 Advertising and promotionManagement $1,538$1,538
IX-13 Office expensesPrograms $10,776 · Management $13,694$24,470
IX-14 Information technologyPrograms $120 · Management $5,909$6,029
IX-16 OccupancyManagement $28,239$28,239
IX-17 TravelPrograms $6,427 · Management $355$6,782
IX-22 Depreciation, depletion and amortizationManagement $2,454$2,454
IX-23 InsurancePrograms $48,366 · Management $37,512$85,878
IX-24 Other expenses (24a–d)Programs $777,740 · Management $140$777,880
IX-24e All other expensesPrograms $30,918 · Management $6,591$37,509
IX-25 Total functional expensesPrograms $1,184,769 · Management $366,597 · Fundraising $0$1,551,366
Part X · Balance sheet $729,855 assets, 9 lines filed
X-2 Savings and temporary cash investmentsStart of year $226,665$722,940
X-9 Prepaid expenses and deferred chargesStart of year $6,881$1,839
X-10c Land, buildings and equipment, netStart of year $6,365$5,076
X-16 Total assetsStart of year $299,911$729,855
X-17 Accounts payable and accrued expensesStart of year $12,083$4,372
X-26 Total liabilitiesStart of year $12,083$4,372
X-27 Net assets without donor restrictionsStart of year $287,828$725,483
X-32 Total net assets or fund balancesStart of year $287,828$725,483
X-33 Total liabilities and net assetsStart of year $299,911$729,855
Part XI · Reconciliation of net assets $725,483 net assets at year end
XI-1 Total revenue$1,989,021
XI-2 Total expenses$1,551,366
XI-3 Revenue less expenses$437,655
XI-4 Net assets at start of year$287,828
XI-10 Net assets at end of year$725,483

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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