Community Improvement
(S820)
IRS Verified
DX Registered
990 on File
HONORABLE ORDER OF KENTUCKY COLONELS INC
Financial strength (30%)
99/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The Honorable Order of Kentucky Colonels is an organization of talented and capable men and women appointed by the Governor of the Commonwealth of Kentucky because of their service to the state. We act as the Governor’s ambassadors of Kentucky’s heritage and rich history of arts and entertainment. Our primary objective is to support needy Kentucky charities and worthy Kentucky organizations by raising money from our membership to help those organizations who stand ready to help our citizens share in Kentucky’s boundless future. We celebrate this mission and encourage and affirm one another in these efforts.
Financial Overview — FY 2024
$5.3M
Total Revenue
$6.2M
Total Expenses
$23.0M
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
75.5%
Fundraising Efficiency
N/A
Operating Reserve
44.40x
Liability-to-Asset
2.4%
Revenue Diversification
54.1%
Executive Compensation
$272K
Compared with Peers
FY 2024
Compared with 1,625 similar organizations
(United States, Community Improvement, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
75.5% | 85.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.0% | 11.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
16.5% | 0.1% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
44.4 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.4% | 21.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
54.1% | 90.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
17.0% | 8.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-8.5% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-17.4% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $5.3M | $6.2M | $23.0M | 75.5% | 9 |
| 2023 | $4.5M | $6.8M | $22.0M | 74.1% | 7 |
| 2022 | $5.7M | $6.3M | $22.1M | 76.3% | 10 |
| 2021 | $7.7M | $3.6M | N/A | — | 6 |
Donor Reviews
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