NORTHERN KENTUCKY AREA DEVELOPMENT

FLORENCE, KY, 41042 (859) 283-1885 Est. 1971 EIN 61-0719369
S32 - Rural Economic Development 990 - Public charity return 501(c)(3)
www.nkadd.org

Mission

OUR MISSION IS TO ASSIST THE NORTHERN KENTUCKY COMMUNITY IN EFFECTIVELY ENTERING THE 21ST CENTURY THROUGH THE PROVISION OF HIGH QUALITY AND TECHNICALLY ADVANCED STAFF SERVICES TO LOCAL GOVERNMENTS, AGENCIES, AND CITIZENS.

Giving Portfolio

Total Grants
304
Total Giving
$52.8M
Recipients
289
Years Active
2017 - 2024
Avg grant: $182,992 Median: $32,427

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202426$5.3M $205K520
202333$4.5M $138K330
202243$21.5M $500K1229
202143$4.9M $114K734
202044$5.0M $114K1033
201940$4.8M $120K927
201775$6.7M $90K700

Sectors Funded

Philanthropy & Grantmaking
10
Education
8
Animal-Related
7
Employment
7
Human Services
4
Food, Agriculture & Nutrition
3
Crime & Legal-Related
2
Health Care
2
and 3 more sectors

Top States

Kentucky
212
Ohio
52
Illinois
7
Iowa
7
Florida
6
Pennsylvania
5
New Jersey
5
Missouri
2
and 5 more states

Grantee Size Profile

$10M - $50M
23
$1M - $5M
14
$5M - $10M
8
Over $50M
8
$500K - $1M
7
Under $100K
1
$100K - $500K
1

Top Grantees

Page 1 of 3
VARIOUD OTHER GRANTS 5000
$16.7M
KY - 7 grants
$9.0M
MEALS ON WHEELS SW OH & NKY
OH - 5 grants
$7.2M
$1.8M
LIFELINE HOMECARE INC
KY - 7 grants
$1.4M
VISITING ANGELS
KY - 7 grants
$1.4M
HELPING HANDS NKY
KY - 7 grants
$1.3M
MEALS ON WHEELS
OH
$841K
$612K
WESLEY COMMUNITY SERVICE
OH
$605K

Grants Awarded · 67 grants

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Financials

Total Revenue
$45,357,414
Total Expenses
$43,337,700
Net Assets
$-2,269,611
1,484 employees 122 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
0.6 months deficit Deficit
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 25.2%
Expenses ↑ 24.4%
Revenue Sources
Earned revenue 99.2% Investment 0.3% Other 1.0%
Expense Breakdown
Program 97.6% Management 2.4%

Officers & Trustees (1)

Individual compensation is available on Grow plans.

Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$45,357,414 ↑$43,337,700$-2,269,611
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$36,222,495 ↑$34,849,019$-4,289,325
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$29,907,326 ↑$29,138,597$-5,662,801
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$23,919,138 ↑$23,478,650$-6,431,530
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$22,665,978 ↑$22,532,557$-6,872,018
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$20,054,674 ↑$21,260,418$-7,005,439
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$18,994,264 $19,707,782$-4,271,584

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EIN: 61-0719369 · Source: IRS Form 990 e-file data