Prichard Committee for Academic Excellence

Building a Groundswell for a Big, Bold Future

Lexington, KY | www.prichardcommittee.org

GuideStar Charity Check

EIN: 61-1026214

Contributions tax deductible
as of September 2024

IRS BMF 509(a)(1)
as of September 09, 2024

View summary

Charity Check report

Mission

The Prichard Committee's mission and vision is to promote vastly improved education outcomes for Kentuckians.

Ruling year info

1983

President/CEO

Ms. Brigitte Blom

Main address

2285 Executive Drive Suite 120

Lexington, KY 40505 USA

Show more contact info

EIN

61-1026214

NTEE code info

Community Coalitions (S21)

Alliance/Advocacy Organizations (R01)

Single Organization Support (O11)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

Reports and documents

What we aim to solve

SOURCE: Self-reported by organization

We are working to ensure all Kentucky students receive an excellent, equitable education from the earliest of ages through postsecondary.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Commonwealth Institute for Parent Leadership

The Commonwealth Institute for Parent Leadership (CIPL) trains parents to understand the Kentucky Education System and work within the schools to improve student achievement. Over 2,500 parents have been trained since the program's inception, many of whom have gone on to serve as district and statewide school leaders. The program has been so successful that eight other states and Washington, D.C., have adopted it to help improve their schools, too.

Population(s) Served

Adults

Families

Strong Start Kentucky

Strong Start Kentucky is a nonpartisan, citizen-led effort to ensure that every child has the opportunity to receive the highest-quality education possible. Working with parents and policymakers in partnership with leaders from early childhood, business, education, religion and health care, our efforts focus on giving Kentucky's children a strong start in both public and community-based programs. Our advocacy targets:
Funding to increase access to pre-k programs for three- and four-year old childrenEnhancing the quality of all pre-k programsSupport for public and community-based programsExpanding our coalition to create champions for preschool throughout the Commonwealth
Strong Start Kentucky was launched in March 2007 with the support of Pre-K Now, a public education and advocacy organization that advances high-quality, voluntary pre-k for all three- and four-year olds.

Population(s) Served

Adults

Top 20 by 2020

Kentucky has made important progress toward reaching the nation’s top tier of states on several indicators of education performance, but is flat or losing ground on others. The result: clear evidence that the state needs to work harder to deliver for its children and future.

Those findings are included in a new report, produced and widely disseminated by the Prichard Committee, “Achieving the Top 20 by 2020: An Update.” The report assesses the progress Kentucky has made since the committee set a “Top 20” goal for the state’s schools two years ago. The original report which was updated this year, identifies 20 indicators of academic performance, specifies Kentucky’s ranking, and defines what level of performance is needed to propel the state to the top of the nation in student achievement.

Population(s) Served

Adults

Prichard Committee Student Voice Team

The Prichard Committee Student Voice Team was designed by middle and high school students in partnership with adult allies to amplify the voices of Kentucky youth on the classroom impact of education policies. The overarching vision is to support students as partners in improving Kentucky schools. As part of this initiative, students have testified in front of the Joint Interim Education Committee on the importance of involving students in the teacher evaluation feedback loop; made presentations to intergenerational audiences about the impact of inadequate school funding; facilitated roundtables with students across the state about a variety of education policy issues; published commentaries in local and national news outlets and led a statewide social media campaign.

Population(s) Served

Children and youth

LGBTQ people

Where we work

Awards

Photos

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of students who exhibit kindergarten readiness

Totals By Year

Population(s) Served

Related Program

Strong Start Kentucky

Type of Metric

Context - describing the issue we work on

Direction of Success

Increasing

Context Notes

Context Notes

Context Notes

This is a percentage number. SOURCE: KY STATS, High School Feedback Reports, https://kystats.ky.gov/Latest/HSFR

Number of all students reading proficiently by third grade.

Totals By Year

Population(s) Served

Related Program

Strong Start Kentucky

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

This is a percentage number. Source: Kentucky Department of Education, School Report Cards

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Reports and documents

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

We hope to study, inform and engage Kentuckians on all issues related to education from prek through postsecondary education. We spur Kentucky schools to success.

What are the organization's key strategies for making this happen?

The Prichard Committee's longstanding theory of change holds that studying issues, informing policymakers, and engaging the public are all equal keys to our success and to the sustainability of our education reforms. To maintain this depth of work on a regular basis, at the state as well as the local level, we support the following key activities:
• Annual Fall Meeting - of our members and education partners to spotlight emerging state and national education policy issues and to highlight education success stories in Kentucky.
• Top 20 by 2020 – is an effort to track Kentucky's progress on key indicators of education success with the goal of achieving Top 20 ranking on all indicators by 2020.
• Perspectives Quarterly Newsletters & Special Reports - we publish and distribute statewide and to a list of national partners.
• Study Groups – as relevant topics emerge, we establish study groups of our members and experts to develop education policy recommendations which form the foundation for our advocacy.
• Governor's Commonwealth Institute for Parent Leadership – empowers parents with deep understanding of the education system, capacity to take leadership roles in their local communities, and the commitment to demand excellence for all students.
• Prichard Committee Student Voice Team - amplifies the voices of middle, high, and college students on education issues where they have unique and relevant experience.

Key Current Initiatives:
In addition to our ongoing work to increase student achievement and ensure adequate funding for our schools, we also have the following three areas of deep policy work:

Closing the Achievement Gap – the Committee has been committed to excellence for all students since its inception in 1983. While we have increased achievement for all students, we have not yet closed the gap in achievement between different populations of students. Beginning this year, we are strengthening our focus on closing the achievement gap by developing recommendations, highlighting the data and developing an action plan to create a sense of urgency and follow through to close these gaps.

Quality in Postsecondary Education – while the Committee has focused its last 30 years of work on preschool – 12th grade education, our roots from the late 1970's are in research to increase the quality in postsecondary education. With increasing numbers of students now college and career ready we are going back to those roots and beginning a new body of work to increase quality and access in postsecondary.

Early Childhood: Birth to 3rd Grade Proficiency – the Committee convenes early childhood advocates from across the state in a shared advocacy effort to increase readiness for kindergarten and in turn increased rates of math and reading proficiency in 3rd grade.

What are the organization's capabilities for doing this?

The Prichard Committee membership is comprised of over 1000 citizens across the state who dedicate themselves to learning about the issues, educating leaders in their own regions, and advocating for policies that support Kentucky's education progress. The organization maintains a professional staff with expertise in policy, implementation, engagement, and communications.

What have they accomplished so far and what's next?

Our grassroots effort led to the 1990 Kentucky Education Reform Act mandating legislation to enact broad and sweeping reforms at a systemic level, statewide. Ten years later in 2000, the Committee made a commitment to early childhood education and helped push through legislation that required 25% of tobacco settlement money to be used for early childhood; Kentucky Invests in Developing Success (KIDS NOW).

And again the Prichard Committee and our ambassadors were instrumental in pushing Kentucky to the forefront of innovative practice by adopting Senate Bill 1 in 2009. SB 1 aligned academic standards and revised assessments.

In 2014, the Prichard Committee successfully rallied citizens to ask state lawmakers to restore education funding to pre-2008 levels. And in that session we also successfully led the HANDS bill through the session providing home visitation to a larger population of families.

The recent Quality Counts reports ranks Kentucky 27th nationally in education up from 49th in 1983. And while we've made progress we realize our achievement gaps are growing.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

We shared information about our current feedback practices.

How is your organization using feedback from the people you serve?

To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve
Which of the following feedback practices does your organization routinely carry out?

We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback
What challenges does the organization face when collecting feedback?

It is difficult to find the ongoing funding to support feedback collection, Staff find it hard to prioritize feedback collection and review due to lack of time

Financials

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Prichard Committee for Academic Excellence

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$1,320,358
Government Grants	$0
Program Services	$618,762
Investments	$40,195
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,979,315

Expenses
Program Services	$1,343,637
Administration	$284,130
Fundraising	$159,089
Total Expenses	$1,786,856
Net Gain/Loss	$192,459

Functional expenses
Accounting Fees	$14,516
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$2,246
Interest Expenses	$842
Investment Management Fees	$9,260
Legal Fees	$0
Pension Plan Contributions	$7,619
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,347,117
Government Grants	$0
Program Services	$372,668
Investments	$57,669
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,777,454

Expenses
Program Services	$1,645,694
Administration	$283,083
Fundraising	$122,254
Total Expenses	$2,051,031
Net Gain/Loss	($273,577)

Functional expenses
Accounting Fees	$17,380
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$3,183
Interest Expenses	$424
Investment Management Fees	$14,170
Legal Fees	$0
Pension Plan Contributions	$6,520
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,544,847
Government Grants	$0
Program Services	$303,113
Investments	$50,518
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,898,478

Expenses
Program Services	$1,507,710
Administration	$300,025
Fundraising	$120,642
Total Expenses	$1,928,377
Net Gain/Loss	($29,899)

Functional expenses
Accounting Fees	$18,157
Advertising & Promotion	$85
Information Technology Expenses	$0
Insurance Expenses	$6,610
Interest Expenses	$194
Investment Management Fees	$17,239
Legal Fees	$0
Pension Plan Contributions	$8,224
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,217,057
Government Grants	$0
Program Services	$209,720
Investments	$40,140
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,466,917

Expenses
Program Services	$1,102,685
Administration	$260,038
Fundraising	$110,801
Total Expenses	$1,473,524
Net Gain/Loss	($6,607)

Functional expenses
Accounting Fees	$16,745
Advertising & Promotion	$200
Information Technology Expenses	$0
Insurance Expenses	$6,412
Interest Expenses	$0
Investment Management Fees	$20,094
Legal Fees	$827
Pension Plan Contributions	$6,293
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,739,152
Government Grants	$0
Program Services	$184,797
Investments	$54,253
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,978,202

Expenses
Program Services	$1,036,780
Administration	$283,378
Fundraising	$111,896
Total Expenses	$1,432,054
Net Gain/Loss	$546,148

Functional expenses
Accounting Fees	$15,572
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$3,506
Interest Expenses	$0
Investment Management Fees	$18,860
Legal Fees	$0
Pension Plan Contributions	$7,674
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,185,227
Government Grants	$145,000
Program Services	$109,213
Investments	$59,731
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,499,171

Expenses
Program Services	$1,117,612
Administration	$307,317
Fundraising	$111,485
Total Expenses	$1,536,414
Net Gain/Loss	($37,243)

Functional expenses
Accounting Fees	$17,486
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$3,965
Interest Expenses	$0
Investment Management Fees	$20,689
Legal Fees	$0
Pension Plan Contributions	$5,245
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,733,744
Government Grants	$0
Program Services	$72,822
Investments	$44,232
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,850,798

Expenses
Program Services	$1,099,578
Administration	$320,535
Fundraising	$133,747
Total Expenses	$1,553,860
Net Gain/Loss	$296,938

Functional expenses
Accounting Fees	$14,375
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$6,793
Interest Expenses	$0
Investment Management Fees	$19,408
Legal Fees	$581
Pension Plan Contributions	$12,196
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,306,487
Government Grants	$0
Program Services	$42,894
Investments	$50,403
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,399,784

Expenses
Program Services	$1,435,900
Administration	$375,558
Fundraising	$144,227
Total Expenses	$1,955,685
Net Gain/Loss	($555,901)

Functional expenses
Accounting Fees	$15,420
Advertising & Promotion	$1,127
Information Technology Expenses	$0
Insurance Expenses	$5,537
Interest Expenses	$0
Investment Management Fees	$24,149
Legal Fees	$0
Pension Plan Contributions	$24,610
Professional Fundraising Expenses	$0

Revenue
Contributions	$2,411,470
Government Grants	$0
Program Services	$347,913
Investments	$56,184
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$2,815,567

Expenses
Program Services	$1,143,627
Administration	$283,401
Fundraising	$120,041
Total Expenses	$1,547,069
Net Gain/Loss	$1,268,498

Functional expenses
Accounting Fees	$14,770
Advertising & Promotion	$197
Information Technology Expenses	$0
Insurance Expenses	$4,566
Interest Expenses	$0
Investment Management Fees	$19,723
Legal Fees	$0
Pension Plan Contributions	$15,512
Professional Fundraising Expenses	$0

Revenue
Contributions	$520,171
Government Grants	$0
Program Services	$30,661
Investments	$67,746
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$618,578

Expenses
Program Services	$1,154,605
Administration	$293,738
Fundraising	$69,756
Total Expenses	$1,518,099
Net Gain/Loss	($899,521)

Functional expenses
Accounting Fees	$13,819
Advertising & Promotion	$503
Information Technology Expenses	$0
Insurance Expenses	$4,958
Interest Expenses	$0
Investment Management Fees	$23,984
Legal Fees	$0
Pension Plan Contributions	$16,338
Professional Fundraising Expenses	$0

Revenue
Contributions	$2,351,148
Government Grants	$0
Program Services	$30,377
Investments	$76,797
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$2,458,322

Expenses
Program Services	$946,016
Administration	$274,521
Fundraising	$63,136
Total Expenses	$1,283,673
Net Gain/Loss	$1,174,649

Functional expenses
Accounting Fees	$14,919
Advertising & Promotion	$1,962
Information Technology Expenses	$0
Insurance Expenses	$4,983
Interest Expenses	$0
Investment Management Fees	$26,073
Legal Fees	$0
Pension Plan Contributions	$15,595
Professional Fundraising Expenses	$0

Revenue
Contributions	$438,013
Government Grants	$724,661
Program Services	$16,485
Investments	$99,543
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,278,702

Expenses
Program Services	$1,727,133
Administration	$309,715
Fundraising	$121,517
Total Expenses	$2,158,365
Net Gain/Loss	($879,663)

Functional expenses
Accounting Fees	$17,525
Advertising & Promotion	$5,530
Information Technology Expenses	$12,072
Insurance Expenses	$6,378
Interest Expenses	$0
Investment Management Fees	$26,462
Legal Fees	$0
Pension Plan Contributions	$26,942
Professional Fundraising Expenses	$0

Revenue
Contributions	$678,483
Government Grants	$1,130,918
Program Services	$13,075
Investments	$112,790
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,935,266

Expenses
Program Services	$2,307,919
Administration	$334,718
Fundraising	$151,608
Total Expenses	$2,794,245
Net Gain/Loss	($858,979)

Functional expenses
Accounting Fees	$14,395
Advertising & Promotion	$7,043
Information Technology Expenses	$24,215
Insurance Expenses	$5,838
Interest Expenses	$0
Investment Management Fees	$26,148
Legal Fees	$0
Pension Plan Contributions	$22,892
Professional Fundraising Expenses	$0

Revenue
Contributions	$454,362
Government Grants	$1,192,824
Program Services	$0
Investments	$97,932
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,745,118

Expenses
Program Services	$1,860,414
Administration	$324,775
Fundraising	$151,062
Total Expenses	$2,336,251
Net Gain/Loss	($591,133)

Functional expenses
Accounting Fees	$17,934
Advertising & Promotion	$0
Information Technology Expenses	$43,335
Insurance Expenses	$5,577
Interest Expenses	$0
Investment Management Fees	$34,084
Legal Fees	$0
Pension Plan Contributions	$28,586
Professional Fundraising Expenses	$0

Revenue
Contributions	$344,765
Government Grants	$1,384,310
Program Services	$13,925
Investments	$66,407
Special Events	$1,170
Sales	$0
Other	$0
Total Revenue	$1,810,577

Expenses
Program Services	$1,410,998
Administration	$277,348
Fundraising	$125,018
Total Expenses	$1,813,364
Net Gain/Loss	($2,787)

Functional expenses
Accounting Fees	$16,678
Advertising & Promotion	$0
Information Technology Expenses	$45,035
Insurance Expenses	$7,154
Interest Expenses	$0
Investment Management Fees	$32,136
Legal Fees	$0
Pension Plan Contributions	$28,256
Professional Fundraising Expenses	$0

Prichard Committee for Academic Excellence

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$1,320,358
Cash & Equivalents	$1,682,219	$419,925	($1,262,294)
Accounts Receivable	$39,689	$166,839	$127,150
Pledges & Grants Receivable	$608,518	$356,834	($251,684)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$8,156	$7,178	($978)
Investment, Securities	$757,387	$1,901,314	$1,143,927
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$31,826	$26,367	($5,459)
Other	$11,781	$19,794	$8,013
Total Assets	$3,139,576	$2,898,251	($241,325)

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Accounts Payable	$124,285	$167,628	$43,343
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$10,834	$7,543	($3,291)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$28,571	$28,571	$0
Total Liabilities	$163,690	$203,742	$40,052

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Temporarily Restricted Net Assets	$718,882	$534,268	-$184,614
Permanently Restricted Net Assets	$2,386,524	$2,593,679	$207,155
Total Restricted Net Assets	$3,105,406	$3,127,947	$22,541
Unrestricted Net Assets	($129,520)	($433,438)	($303,918)
Net Assets	$2,975,886	$2,694,509	($281,377)

Assets	Jan 01, 2009	Dec 31, 2009	Change
Contributions	$1,347,117
Cash & Equivalents	$419,925	$428,517	$8,592
Accounts Receivable	$166,839	$84,335	($82,504)
Pledges & Grants Receivable	$356,834	$124,019	($232,815)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$7,178	$5,367	($1,811)
Investment, Securities	$1,901,314	$2,246,939	$345,625
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$26,367	$17,446	($8,921)
Other	$19,794	$11,453	($8,341)
Total Assets	$2,898,251	$2,918,076	$19,825

Liabilities	Jan 01, 2009	Dec 31, 2009	Change
Accounts Payable	$167,628	$136,791	($30,837)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$7,543	$4,516	($3,027)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$28,571	$28,571	$0
Total Liabilities	$203,742	$169,878	($33,864)

Prichard Committee for Academic Excellence

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Prichard Committee for Academic Excellence’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2018	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	-$395,636	$403,544	-$40,508	$609,606	-$765,735
As % of expenses	-30.9%	18.7%	-1.5%	26.1%	-42.2%
Unrestricted surplus (deficit) after depreciation	-$400,900	$398,824	-$44,221	$607,980	-$766,613
As % of expenses	-31.2%	18.5%	-1.6%	26.0%	-42.3%

Revenue composition
Total revenue (unrestricted & restricted)	$2,458,322	$1,278,702	$1,935,266	$1,745,118	$1,810,577
Total revenue, % change over prior year	297.4%	-48.0%	51.3%	-9.8%	3.8%
Program services revenue	1.2%	1.3%	0.7%	0.0%	0.8%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	3.2%	7.7%	3.2%	4.9%	3.1%
Government grants	0.0%	56.7%	58.4%	68.4%	76.5%
All other grants and contributions	95.6%	34.3%	35.1%	26.0%	19.1%
Other revenue	0.0%	0.1%	2.6%	0.7%	0.6%

Expense composition
Total expenses before depreciation	$1,278,409	$2,153,645	$2,790,532	$2,334,625	$1,812,486
Total expenses, % change over prior year	-15.5%	68.5%	29.6%	-16.3%	-22.4%
Personnel	52.1%	33.5%	33.6%	39.2%	40.1%
Professional fees	3.2%	2.0%	1.5%	2.2%	2.7%
Occupancy	4.3%	1.9%	1.9%	2.1%	2.4%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	0.0%	0.0%	0.0%	0.0%	0.0%
All other expenses	40.4%	62.5%	63.1%	56.4%	54.8%

Full cost components (estimated)	2018	2019	2020	2021	2022
Total expenses (after depreciation)	$1,283,673	$2,158,365	$2,794,245	$2,336,251	$1,813,364
One month of savings	$106,534	$179,470	$232,544	$194,552	$151,041
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$0	$0	$0	$0
Total full costs (estimated)	$1,390,207	$2,337,835	$3,026,789	$2,530,803	$1,964,405

Capital structure indicators

Liquidity	2018	2019	2020	2021	2022
Months of cash	16.0	7.8	4.0	1.5	2.2
Months of cash and investments	48.9	29.8	22.1	25.4	29.6
Months of estimated liquid unrestricted net assets	10.4	8.4	6.3	10.7	8.7

Balance sheet composition	2018	2019	2020	2021	2022
Cash	$1,707,831	$1,407,695	$926,148	$297,925	$329,366
Investments	$3,499,577	$3,949,242	$4,219,138	$4,644,967	$4,143,912
Receivables	$556,669	$50,300	$58,508	$49,073	$192,132
Gross land, buildings, equipment (LBE)	$64,749	$47,645	$37,105	$18,228	$13,145
Accumulated depreciation (as a % of LBE)	77.4%	79.1%	87.1%	88.8%	91.1%
Liabilities (as a % of assets)	1.4%	0.9%	7.9%	4.5%	9.2%
Unrestricted net assets	$1,125,705	$1,524,529	$1,480,308	$2,088,288	$1,321,675
Temporarily restricted net assets	$1,970,366	N/A	N/A	N/A	N/A
Permanently restricted net assets	$2,617,594	N/A	N/A	N/A	N/A
Total restricted net assets	$4,587,960	$3,862,684	$3,336,802	$2,695,647	$2,932,228
Total net assets	$5,713,665	$5,387,213	$4,817,110	$4,783,935	$4,253,903

Key data checks

Key data checks	2018	2019	2020	2021	2022
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

President/CEO

Ms. Brigitte Blom

LinkedIn profile

Brigitte Blom is the President and CEO of the Prichard Committee for Academic Excellence. Prior to joining the Prichard Committee in May of 2014, Ms. Ramsey was the director of public policy for United Way of Greater Cincinnati with a special focus on early childhood policy. She served 6 years on the Kentucky Board of Education, from 2008-2014, and was elected vice-chair of the Board in her last year. Ms. Ramsey also served for 10 years on the Pendleton County Board of Education. She holds undergraduate degrees from Northern Kentucky University and a master’s degree in public policy from the University of Kentucky Martin School.

Number of employees

Source: IRS Form 990

Prichard Committee for Academic Excellence

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Prichard Committee for Academic Excellence

Board of directors
as of 01/26/2024

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board co-chair

Mr. Clay Ford

EM Ford

Term: 2023 - 2024

Board co-chair

Mrs. Felicia Cumings Smith

NCFL

Term: 2023 - 2024

Franklin Jelsma

Wyatt, Tarrant & Combs

Clay Ford

E.M. Ford & Co.

Wynn Radford

Retired

Al Cornish

Norton Healthcare

Julia Roberts

Western Kentucky University

Leo Calderon

Northern Kentucky University

Gwen Young

Young and Wadlington

Christian Motley

StriveTogether

Garren Colvin

St. Elizabeth Healthcare

Lonnie Lawson

Center for Rural Development

Julie Tennyson

Marcum Tennyson PLLC

Derrick Ramsey

Retired

Jay Box

Higher Education Innovation LLC

Elaine Wilson

Somerset Community College

Sandy Nott

Toyota

Felicia Cumings Smith

NCFL

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 1/26/2024

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

White/Caucasian/European

Gender identity

Female, Not transgender

Sexual orientation

Heterosexual or Straight

Disability status

Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

No data

Equity strategies

Last updated: 01/26/2024

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data

We review compensation data across the organization (and by staff levels) to identify disparities by race.
We ask team members to identify racial disparities in their programs and / or portfolios.
We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
We disaggregate data by demographics, including race, in every policy and program measured.
We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.

Policies and processes

We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
We have community representation at the board level, either on the board itself or through a community advisory board.
We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Prichard Committee for Academic Excellence

Building a Groundswell for a Big, Bold Future

Mission

Is this your nonprofit?

Programs and results

Reports and documents

What we aim to solve

Our programs

Commonwealth Institute for Parent Leadership

Strong Start Kentucky

Top 20 by 2020

Prichard Committee Student Voice Team

Where we work

Awards

Our results

Evaluation documents

Number of students who exhibit kindergarten readiness

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Number of website pageviews

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Number of people on the organization's email list

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities