2014-08-13T10:24:35-05:00 2013-12-31 611015031 KRING RAY FARLEY & RIDDLE PSC 444 EAST MAIN STREET STE 203 LEXINGTON KY 40507 990 2013-01-01 611393028 THE GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC GOVE 5025731630 1024 CAPITAL CENTER DRIVE NO 210 FRANKFORT KY 40601 HAROLD H SMITH PRESIDENT 5025731630 2014-08-12 1 KRING RAY FARLEY RIDDLE PSC P00067109 8592310541 2013 2015-11-30 17:44:51Z HAROLD H SMITH 1024 CAPITAL CENTER DRIVE NO 210 FRANKFORT KY 40601 729834 0 X HTTP://GSP.KY.GOV X 2001 KY TO PROVIDE FINANCIAL SUPPORT FOR THE GOVERNORS SCHOLARS PROGRAM, INC. 9 8 9 0 0 0 489438 530022 52124 62420 74391 59767 0 -3000 615953 649209 0 1500 0 0 82816 92112 0 0 36697 118762 151760 201578 245372 414375 403837 2619059 2792818 1102 3033 2617957 2789785 TO PROVIDE FINANCIAL SUPPORT FOR THE GOVERNOR'S SCHOLARS PROGRAM, INC. 0 0 208675 1500 62420 FINANCIAL SUPPORT PROVIDED TO VARIOUS EDUCATIONAL PROGRAMS OF GOVERNOR'S SCHOLARS PROGRAM, INC. 208675 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 0 1 0 0 KY X X BONNIE MULLIN 5025731630 1024 CAPITAL CENTER DRIVE SUITE 210 FRANKFORT KY 40601 VINCE GABBERT VICE CHAIR 1.00 X X 0 0 0 WILLIAM MALONE TREASURER 3.00 X X 0 0 0 ALICE SPARKS BOARD MEMBER 1.00 X 0 0 0 WAYNE M MARTIN BOARD MEMBER 1.00 X 0 0 0 JOSEPH PARADIS III BOARD MEMBER 1.00 X 0 0 0 HAROLD H SMITH PRESIDENT 30.00 X X 70000 0 0 CHRISTEN MCDONOUGH BOONE CHAIR 1.00 X X 0 0 0 JIM BOOTH BOARD MEMBER 1.00 X 0 0 0 BEN CUNDIFF BOARD MEMBER 1.00 X 0 0 0 70000 0 0 0 0 0 0 0 10545 519477 2367 530022 MERCHANDISE REVENUE 453220 62420 62420 62420 46298 46298 91094 77625 13469 13469 13469 0 10545 3000 -3000 -3000 649209 62420 0 56767 1500 1500 70000 70000 15470 15470 6642 6642 9948 9948 16858 16858 889 889 2423 2423 1235 1235 7585 7585 2739 2739 MERCHANDISE EXPENSE 40643 40643 FUNDRAISING (MAILINGS) 36697 36697 ADMINISTRATIVE EXPENSE 22475 22475 PRINTING/PUBLICATIONS/P 6301 6301 3967 3967 245372 208675 0 36697 607863 504712 174260 183019 4468 6574 9404 7698 1823064 2090815 2619059 2792818 1102 3033 1102 3033 X 1999712 2171540 618245 618245 2617957 2789785 2619059 2792818 X 403837 242991 -475000 X X 0 1 X 1 0 X 333734 991955 595084 487255 530022 2938050 333734 991955 595084 487255 530022 2938050 756308 2181742 31909 39730 46961 50040 46298 214938 3152988 0.69200 0.68480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 618245 618245 618245 618245 618245 618245 318245 300000 618245 318245 318245 1.00000 0 0 0 854557 242991 242991 611566 37643 37643 649209 207729 -37643 -37643 245372 0 245372 PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES MERCHANDISE EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES MERCHANDISE EXPENSES FORM 990, PART VI, SECTION A, LINE 7A BOARD 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 8B THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 A 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 12C TRUSTEES 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 15A THE 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 19 BOARD 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 THE GOVERNOR'S SCHOLARS PROGRAM INC 1024 CAPITAL CENTER DRIVE 210 FRANKFORT KY 40601 611026274 EDUCATIONAL PROGRAMS KY 501(C) SECTION 170(B)(1)(A) 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0