Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
99 cents of each dollar spent went to programs.
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
18 people listed on the 990; $74K paid to officers and key staff.
Susan Bornstein’s $74K as CEO is at the 59th percentile of top reported officer pay among 1980 $100K–1M health care 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 · 1 named individual · Part VII
| Name | FY2025 | FY2024 |
|---|---|---|
| Susan Bornstein | $73,816 | $70,041 |
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
Advocates for accessible, affordable, equitable, and high-quality healthcare for Kentuckians.
Questions for Asclepius Initiative INC
Your first name shows with your question. Asclepius Initiative INC answers here, for everyone.
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Health care coverage literacy education in Black, Spanish-speaking & rural populations in Kentucky, groups which are known to be less likely to be insured, have worse health outcomes, and lower healthcare coverage literacy rates.
Focus group study to understand the disconnect between Kentuckys relatively low (health) uninsurance rate and its poor health outcome status.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $27K | $194K |
| Total assetsLn 16 | $260K | $194K |
| LiabilitiesLn 26 | $129K | $98K |
| Net assetsLn 32 | $131K | $96K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $74K | $74K | ||
| Other salaries and wagesLn 7 | $108K | $108K | ||
| Other employee benefitsLn 9 | $13K | $13K | ||
| Payroll taxesLn 10 | $14K | $14K | ||
| Accounting feesLn 11c | $500 | $500 | ||
| Other fees for servicesLn 11g | $440 | $440 | ||
| Advertising and promotionLn 12 | $52K | $52K | ||
| Office expensesLn 13 | $5K | $5K | ||
| TravelLn 17 | $1K | $1K | ||
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $129K | $129K | $491 | |
| All other expensesLn 24e | $450 | $120 | $330 | |
| Total functional expensesLn 25 | $399K | $397K | $2K | $821 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $365K | $399K | −$34K | $96K | 990 PDF |
| FY2024 | $613K | $492K | $121K | $131K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $364,889 revenue, 12 lines filed
Part VI · Governance 13 of 13 board members independent, 3 to look at
Part VIII · Statement of revenue $364,889 across 7 lines filed
Part IX · Statement of functional expenses $399,155 across 12 lines filed
Part X · Balance sheet $194,034 assets, 11 lines filed
Part XI · Reconciliation of net assets $96,434 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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