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Passes our checks

Kentucky Valley Educational Cooperative

EIN 61-0729917 · Hazard, KY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair67 out of 100GovernanceGood89 out of 100Impact evidenceDescribes programsHow well its results are evidenced

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 35

    Spendable reserves would cover 11.9 months of spending.

  • Debt

    20 of 20

    It owes 4% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 6% of income.

  • Income trend

    0 of 15

    Income fell 31% on the year before.

  • Spending floor

    15 of 15

    89% 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 25

    27 of 27 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    9 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports 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)
  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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.