The Buffalo Trace Casa Program INC FY2024 filing

Maysville, KY · Public charity (501(c)(3)) · Civil Rights & Advocacy

✓ Tax-deductible Latest data FY2024
Revenue
$299K
▲ +8% vs prior year
Spent
$290K
To programs
81%
Net assets
$309K
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending June 2024 (IRS tax year 2023).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
3 funders, incl. Kentucky Casa Network INC
$130K in the latest grant year.
Spent on programs?
81% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +8% vs prior year
Legal name (IRS)Hdr · item CThe Buffalo Trace Casa Program INC
EINHdr · item D61-1322742
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 1998
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CMaysville, KY
NTEE classificationIRS BMFCivil Rights & Advocacy (R200)

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.19
Program services81%$236K
Management & general19%$54K
Total functional expensesLn 25$290K

Financial health

Revenue & expenses by yearFY2021–FY2025
Revenue
$299K
FY2024▲ +8%
Expenses
$290K
FY2024▲ +13%
Program efficiency
81%
of spending reaches programs
Operating runway
12.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$316K
FY2024▲ +3%
Total liabilities
$7K
FY2024▲ +26%
Revenue less expensesPt I · Ln 19$9K
Total assetsPt X · Ln 16$316K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 417

Balance Sheet

Part X · end of year
CashLn 1$313K
Total assetsLn 16$316K
Total liabilitiesLn 26$7K
Total net assetsLn 32$309K
Months of cash on handcomputed12.9

Statement of Revenue

Part VIII
Contributions & grants$264K · 88%
Other revenue$32K · 11%
Investment income$3K · 1%
Contributions & grants88%$264K
Other revenue11%$32K
Investment income1%$3K
— government grantsLn 1e$183K
Total revenueLn 12$299K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $313K · Operating expenses/yr $290K
12.9 months
Where the money goes
Program services
Program services $236K · Total expenses $290K
81%
Management & General
Management & general $54K · Total expenses $290K
19%
Fundraising
Fundraising $0 · Total expenses $290K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $77K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $264K · Total revenue $299K
88%
Government reliance
Government grants $183K · Total revenue $299K
61%
Earned-income share
Program service revenue $0 · Total revenue $299K
0%
Investment reliance
Investment income $3K · Total revenue $299K
+1.0%
Program self-sufficiency
Program service revenue $0 · Total expenses $290K
0%
Growth & trend
Revenue growth (YoY)
This year $299K · Prior year $277K
+8%
Net-asset trend (YoY)
End of year $309K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $299K · Expenses $290K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $316K
—
Net-asset ratio
Net assets $309K · Total assets $316K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $316K
0%
People & payroll
Highest Reported Total Compensation
Individual Rebecca Palmer · Reported title Executive Dir. · Highest reported compensation $69K · Total expenses $290K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $193K · Total expenses $290K
67%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%——
Overhead ratio 19%——
Fundraising cost ratio 0%——
Revenue growth 8%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Dir.
$68,514Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Mary Beth Rudd’s $72K as Executive Dir. is at the 50th percentile of top reported officer pay among 1031 $100K–1M civil rights & advocacy nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2025FY2024FY2023FY2022FY2021
Mary Beth Rudd$72,431————
Rebecca Palmer—$68,514$62,996$47,500$45,250

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.

See The Buffalo Trace Casa Program INC executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Advocates for abused and neglected children to ensure safe, permanent homes.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $236K of program spending, described in the organization's own filed words · FY2023.
01

Casa (court appointed special advocate) program advocates for the best interest of abused, neglected, and dependent children in the mason, fleming, bracken, nicholas, and robertson county areas of kentucky. The mission of our program is to find a safe and loving home for these children as soon as possible.

$236Kprogram expense

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Funders

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$130K
See all 3 funders →

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $268K$285K-10% 990 PDF
FY2024 Viewing $299K$290K+8% 990 PDF
FY2023 $277K$256K+24% 990 PDF
FY2022 $223K$225K+24% 990 PDF
FY2021 $180K— 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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