GOVERNORS SCHOLARS PROGRAM FOUNDATION INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
GOVERNORS SCHOLARS PROGRAM FOUNDATION INC (EIN 61-1393028)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-08-13
IRS object ID
201412259349301331
Schema version
2013v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2014-08-13T10:24:35-05:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN611015031PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KRING RAY FARLEY & RIDDLE PSCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1444 EAST MAIN STREET STE 203AddressLine1
CityLEXINGTONCity
StateKYState
ZIP Code40507ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN611393028EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlGOVEBusinessNameControlTxt
Phone5025731630PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11024 CAPITAL CENTER DRIVE NO 210AddressLine1
CityFRANKFORTCity
StateKYState
ZIP Code40601ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHAROLD H SMITHPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5025731630PhoneNum
Signature2014-08-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKRING RAY FARLEY RIDDLE PSCPreparerPersonNm
PTINP00067109PTIN
Phone8592310541PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerHAROLD H SMITHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11024 CAPITAL CENTER DRIVE NO 210AddressLine1
CityFRANKFORTCity
StateKYState
ZIP Code40601ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$729,834GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://GSP.KY.GOVWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateKYLegalDomicileStateCd
Activity Or MissionTO PROVIDE FINANCIAL SUPPORT FOR THE GOVERNORS SCHOLARS PROGRAM, INC.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee9TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$489,438PYContributionsGrantsAmt
CY Contributions Grants$530,022CYContributionsGrantsAmt
PY Program Service Revenue$52,124PYProgramServiceRevenueAmt
CY Program Service Revenue$62,420CYProgramServiceRevenueAmt
PY Investment Income$74,391PYInvestmentIncomeAmt
CY Investment Income$59,767CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue-$3,000CYOtherRevenueAmt
PY Total Revenue$615,953PYTotalRevenueAmt
CY Total Revenue$649,209CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,500CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$82,816PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$92,112CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$36,697CYTotalFundraisingExpenseAmt
PY Other Expenses$118,762PYOtherExpensesAmt
CY Other Expenses$151,760CYOtherExpensesAmt
PY Total Expenses$201,578PYTotalExpensesAmt
CY Total Expenses$245,372CYTotalExpensesAmt
PY Revenues Less Expenses$414,375PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$403,837CYRevenuesLessExpensesAmt
Total Assets BOY$2,619,059TotalAssetsBOYAmt
Total Assets EOY$2,792,818TotalAssetsEOYAmt
Total Liabilities BOY$1,102TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,033TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,617,957NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,789,785NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE FINANCIAL SUPPORT FOR THE GOVERNOR'S SCHOLARS PROGRAM, INC.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$208,675ExpenseAmt
Grant$1,500GrantAmt
Revenue$62,420RevenueAmt
DescFINANCIAL SUPPORT PROVIDED TO VARIOUS EDUCATIONAL PROGRAMS OF GOVERNOR'S SCHOLARS PROGRAM, INC.Desc
Total Program Service Expenses$208,675TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee9EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BONNIE MULLINBusinessNameLine1
FieldValueIRS element (for citing)
Phone5025731630PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11024 CAPITAL CENTER DRIVE SUITE 210AddressLine1
CityFRANKFORTCity
StateKYState
ZIP Code40601ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
VINCE GABBERT
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
WILLIAM MALONE
TREASURER3.00Yes (X)Yes (X)$0$0$0
ALICE SPARKS
BOARD MEMBER1.00Yes (X)$0$0$0
WAYNE M MARTIN
BOARD MEMBER1.00Yes (X)$0$0$0
JOSEPH PARADIS III
BOARD MEMBER1.00Yes (X)$0$0$0
HAROLD H SMITH
PRESIDENT30.00Yes (X)Yes (X)$70,000$0$0
CHRISTEN MCDONOUGH BOONE
CHAIR1.00Yes (X)Yes (X)$0$0$0
JIM BOOTH
BOARD MEMBER1.00Yes (X)$0$0$0
BEN CUNDIFF
BOARD MEMBER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$70,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$10,545FundraisingAmt
All Other Contributions$519,477AllOtherContributionsAmt
Noncash Contributions$2,367NoncashContributionsAmt
Total Contributions$530,022TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMERCHANDISE REVENUEDesc
Business453220BusinessCd
Total Revenue Column$62,420TotalRevenueColumnAmt
Related Or Exempt Func Income$62,420RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$62,420TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,298TotalRevenueColumnAmt
Exclusion$46,298ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$91,094SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$77,625SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$13,469SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,469TotalRevenueColumnAmt
Exclusion$13,469ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$10,545ContriRptFundraisingEventAmt
Fundraising Direct Expenses$3,000FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$3,000TotalRevenueColumnAmt
Exclusion-$3,000ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$649,209TotalRevenueColumnAmt
Related Or Exempt Func Income$62,420RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$56,767ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,500TotalAmt
Program Services$1,500ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$70,000TotalAmt
Program Services$70,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$15,470TotalAmt
Program Services$15,470ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,642TotalAmt
Program Services$6,642ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$9,948TotalAmt
Program Services$9,948ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$16,858TotalAmt
Program Services$16,858ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$889TotalAmt
Program Services$889ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,423TotalAmt
Program Services$2,423ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,235TotalAmt
Program Services$1,235ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,585TotalAmt
Program Services$7,585ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,739TotalAmt
Program Services$2,739ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
MERCHANDISE EXPENSE$40,643$40,643
FUNDRAISING (MAILINGS)$36,697$36,697
ADMINISTRATIVE EXPENSE$22,475$22,475
PRINTING/PUBLICATIONS/P$6,301$6,301

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,967TotalAmt
Program Services$3,967ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$245,372TotalAmt
Program Services$208,675ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$36,697FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$607,863BOYAmt
EOY$504,712EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$174,260BOYAmt
EOY$183,019EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,468BOYAmt
EOY$6,574EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$9,404BOYAmt
EOY$7,698EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,823,064BOYAmt
EOY$2,090,815EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,619,059BOYAmt
EOY$2,792,818EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,102BOYAmt
EOY$3,033EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,102BOYAmt
EOY$3,033EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,999,712BOYAmt
EOY$2,171,540EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$618,245BOYAmt
EOY$618,245EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,617,957BOYAmt
EOY$2,789,785EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,619,059BOYAmt
EOY$2,792,818EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$403,837ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$242,991NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$475,000OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$333,734CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$991,955CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$595,084CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$487,255CurrentTaxYearMinus1YearAmt
Current Tax Year$530,022CurrentTaxYearAmt
Total$2,938,050TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$333,734CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$991,955CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$595,084CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$487,255CurrentTaxYearMinus1YearAmt
Current Tax Year$530,022CurrentTaxYearAmt
Total$2,938,050TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$756,308SubstantialContributorsTotAmt
Public Support Total170$2,181,742PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$31,909CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$39,730CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$46,961CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$50,040CurrentTaxYearMinus1YearAmt
Current Tax Year$46,298CurrentTaxYearAmt
Total$214,938TotalAmt
FieldValueIRS element (for citing)
Total Support$3,152,988TotalSupportAmt
Public Support CY1700.69200PublicSupportCY170Pct
Public Support PY1700.68480PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$618,245BeginningYearBalanceAmt
End Year Balance$618,245EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$618,245BeginningYearBalanceAmt
End Year Balance$618,245EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$618,245BeginningYearBalanceAmt
End Year Balance$618,245EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$318,245BeginningYearBalanceAmt
Contributions$300,000ContributionsAmt
End Year Balance$618,245EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$318,245BeginningYearBalanceAmt
End Year Balance$318,245EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$854,557TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$242,991NetUnrealizedGainsInvstAmt
Revenue Not Reported$242,991RevenueNotReportedAmt
Revenue Subtotal$611,566RevenueSubtotalAmt
Other Revenues Not Included$37,643OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$37,643RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$649,209TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$207,729TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$37,643OtherExpensesIncludedAmt
Expenses Not Reported-$37,643ExpensesNotReportedAmt
Expenses Subtotal$245,372ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$245,372TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 4B - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES MERCHANDISE EXPENSES
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES MERCHANDISE EXPENSES

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 7ABOARD MEMBERS NOMINATE POTENTIAL NEW MEMBERS TO BOARD. POTENTIAL BOARD MEMBERS ARE VETTED BY THE BOARD AND ASKED TO JOIN IF APPROVED BY MAJORITY VOTE
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11A COPY OF FORM 990 IS REVIEWED BY THE BOARD AND ANY CHANGES THERETO ARE MADE AND APPROVED BY THE BOARD PRIOR TO FILING FORM 990
FORM 990, PART VI, SECTION B, LINE 12CTRUSTEES ARE REQUIRED TO NOTIFY PRESIDENT OF THE BOARD IF ANY CHANGES IN PREVIOUS CONFLICT OF INTEREST STATEMENT SUBMITTED AT BEGINNING OF YEAR.
FORM 990, PART VI, SECTION B, LINE 15ATHE PRESIDENT'S PERFORMANCE, SALARY AND BENEFITS PACKAGE ARE REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES WHICH HAS ACCESS TO COMPARABILITY DATA. THE PRESIDENT REVIEWS THE PERFORMANCE OF OTHER KEY EMPLOYEES AND MAKES RECOMMENDATIONS CONCERNING SALARY AND BENEFITS TO THE BOARD. THE BOARD MAKES THE FINAL DECISION ON COMPENSATION AND BENEFITS.
FORM 990, PART VI, SECTION C, LINE 19BOARD MAKES GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
FORM 990, PART XI, LINE 9:TRANSFER TO GOVERNORS SCHOLARS PROGRAM, INC. -475,000.
FORM 990, PART XII, LINE 2C:NO CHANGE FROM PRIOR YEAR

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE GOVERNOR'S SCHOLARS PROGRAM INCBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line11024 CAPITAL CENTER DRIVE 210AddressLine1
CityFRANKFORTCity
StateKYState
ZIP Code40601ZIPCode
FieldValueIRS element (for citing)
EIN611026274EIN
Primary ActivitiesEDUCATIONAL PROGRAMSPrimaryActivitiesTxt
Legal Domicile StateKYLegalDomicileStateCd
Exempt Code Section501(C)ExemptCodeSectionTxt
Public Charity StatusSECTION 170(B)(1)(A)PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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