Kentucky Valley Educational Cooperative
Public records show a registered, tax-exempt organization in good standing.
What it says it does
KENTUCKY VALLEY EDUCATIONAL COOPERATIVE, (KVEC), IS A PRIVATE NON-PROFIT COOPERATIVE UNDER THE IRS CODE SECTION 501(C) (3). KVEC IS ONE OF EIGHT EDUCATION COOPERATIVES IN KENTUCKY CONSISTING OF 26 MEMBER SCHOOL DISTRICTS. THE COOPERATIVE SERVES WELL OVER 54,000 STUDENTS AND MORE THAN 3,000 EDUCATORS. HOUSING A COMPREHENSIVE SPECIAL NEEDS COOPERATIVE, THE STATES LARGEST NON-URBAN READING RECOVERY PROGRAM AND AN ARRAY OF CONTENT SPECIFIC PROJECTS AND INITIATIVES. THE NATURE AND PURPOSE OF KVEC IS TO SERVE THE LOCAL BOARDS OF EDUCATION IN THE FOLLOWING COUNTIES: BREATHITT, CARTER, FLOYD, JOHNSON, PERRY, KNOTT, LEE, LESLIE, LETCHER, MAGOFFIN, MENIFEE, MORGAN, ROBERTSON, OWSLEY, PIKE, WOLFE, MARTIN, AND LAWRENCE. ADDITIONALLY, JACKSON INDEPENDENT, JENKINS INDEPENDENT, MIDDLESBORO INDEPENDENT, PIKEVILLE INDEPENDENT, PAINTSVILLE INDEPENDENT, ASHLAND INDEPENDENT, HARLAN INDEPENDENT AND HAZARD INDEPENDENT SCHOOLS.
- Income
- $5.0 million
- Spending
- $5.3 million
- Spent on programs
- 89%
- Reserves
- 11.9 months of spending
- Largest source of income
- government grants, 78%
- Employees
- 28
- Highest pay
- $173,492, executive di
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 67 out of 100. Higher than 49% of charities in its peer group (education, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 11.9 months of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
4 of 15Spending exceeded income by 6% of income.
Income trend
0 of 15Income fell 31% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 89 out of 100. Higher than 56% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2527 of 27 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
9 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $4.8 million spent. THE KVEC SPECIAL EDUCATION COOPERATIVE SERVES A 15-COOPERATIVE AREA IN EASTERN KENTUCKY. THE KVEC SPECIAL EDUCATION COOPERATIVE PROVIDES COOPERATIVE PERSONNEL WITH TECHNICAL ASSISTANCE, PROFESSIONAL DEVELOPMENT, MONITORING, COMMUNICATION, COLLABORATION, AND CONSULTATION ON SPECIAL EDUCATION ISSUED IN THE REGION. THE KVEC SPECIAL EDUCATION COOPERATIVE RECEIVES FUNDING FROM THE DEPARTMENT OF EDUCATION BASED ON A FORMULA OF THE NUMBER OF ELIGIBLE STUDENTS IN THE DESIGNATED AREA.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2023 for not filing returns for three years, and reinstated on November 15, 2023.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.