EIN 61-0473653

Kentucky Society of Certified Public Accountants

IRS 501(c) type
501(c)(6)
Num. employees
14
Year formed
1924
Most recent tax filings
2023-06-01
NTEE code, primary
Description
To promote and maintain professional standards of the accounting profession through sponsorship of continuing education programs, communication through bulletins and newspapers, peer review programs, and referral and consultation services.
Total revenues
$2,245,378
2023
Total expenses
$2,205,013
2023
Total assets
$3,166,768
2023
Num. employees
14
2023

Program areas at Kentucky Society of Certified Public Accountants

Continuing professional education (cpe) courses offered cpas - courses take place in locations throughout the state as well as virtually. During the fiscal year, we have approximately 4,500 registrants, some with multiple attendance to more than one cpe course. The classes provide them with the hours needed to renew their licence as a cpa. The courses are a way for the cpas and other professionals to gain access to the very latest information so they are updated on the services and information they provide to their clients and employers.
Professional issue updates - multiple four-hour presentations that take place across the commonwealth as well as virtually. The courses provide an update on current professional issues and ones that we see coming on the horizon that may affect our member's practice or industry. Prior to each professional issue update, we offer a two-hour ethics course at each of these locations (or virtually). The Kentucky state board of accountancy requires cpas to report 2 hours of continuing education in ethics at the time they renew their cpa license. For those working 3000 hours or more at a Public accounting firm, they must report 80 hours of cpe over a two-year period; those working less than 3000 hours or employed in industry, education or government will report 60 hours of cpe over a two-year period.
Public relations - the journal is provided five times a year to our entire membership base which includes nearly 4,000 cpas statewide. This publication contains cpe options, technical articles and updates on legislation, accounting standards, etc. We use this as another means for reaching our membership and keeping them current on what's going on in the accounting profession. We also use the journal as a revenue source for advertising.
Other program services - the Society also offers cap-u (college to accounting professional university) to Kentucky and southern Indiana accounting students seeking to expand their leadership skills and professional competencies. Sessions are designed to provide relevant tools to cultivate effective communication and networking skills, as well as important leadership traits desired by prospective employers. The Society covers all cost for this event so that it can be offered to the college students for free. A networking event is scheduled for the first night. This give firms and attendees the opportunity to get to know each other and to develop professional connections that will hopefully lead to the success of the students.the Society hosts the fall and spring awards banquet. At both banquets, attendees who have recently completed all of the requirements to becoming Certified as a cpa are recognized. A representative from the attorney general's office is on hand for the swearing in ceremony. We also acknowledge the successful candidates who will qualify for certification upon completion of the experience requirement and those receiving special awards for high scores on the exam. The scholarship recipients are recognized at the spring banquet. The Society is actively engaged on all levels of legislation - local, frankfort and Washington, dc. Our legislative team and leadership work with the dor, irs, legislators, the governor's office and many other organizations. We host an annual government relations day in frankfort. We encourage our members to take advantage of this time to hear from the leadership in frankfort and to schedule meetings with their representatives.

Personnel at Kentucky Society of Certified Public Accountants

NameTitleCompensation
Darlene ZibartChief Executive Officer$209,059
Cap UMembership Development Manager
James B StevisonChair$0
Olivia N DavisTreasurer$0
Eric D ScottPast Chair$0
...and 7 more key personnel

Financials for Kentucky Society of Certified Public Accountants

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$2,224,343
Investment income and dividends$41,788
Tax-exempt bond proceeds$0
Royalty revenue$9,662
Net rental income$0
Net gain from sale of non-inventory assets$-91,655
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$61,240
Total revenues$2,245,378

Form 990s for Kentucky Society of Certified Public Accountants

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-10990View PDF
2022-062022-11-10990View PDF
2021-062021-11-11990View PDF
2020-062021-06-24990View PDF
2019-062020-01-14990View PDF
...and 9 more Form 990s
Data update history
January 24, 2024
Updated personnel
Identified 3 new personnel
January 23, 2024
Updated personnel
Identified 1 new personnel
January 17, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Professional associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
EducationBusiness and industry
Characteristics
MembershipsPolitical advocacyState / local levelCommunity engagement / volunteering
General information
Address
1735 Alliant Ave
Louisville, KY 40299
Metro area
Louisville/Jefferson County, KY-IN
County
Jefferson County, KY
Website URL
kycpa.org/ 
Phone
(502) 266-5272
Facebook page
oklahoma-bankers-association 
IRS details
EIN
61-0473653
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1924
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813920: Professional Associations
Parent/child status
Central organization
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