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Filing year 2024

TRIM MASTERS CHARITABLE FOUNDATION INC

Danville, Kentucky·EIN 61-1225606·NTEE O99Z · Youth Development·501(c)(3)
Total revenue
$89k
Total assets
$1.2M
Total expenses
$107k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Youth Development organizations nationwide.

President
Board President
25th percentile to median
$12k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Youth Development

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at TRIM MASTERS CHARITABLE FOUNDATION INC equaled 11% of the organization's total expenses. The median for youth development organizations is 11%.

This organization (2024)
11%
Sector median
11%
Middle half of sector
5% to 21%

Based on 5,229 youth development organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$85k

Itemized grants

28

Median grant

$3k

RecipientLocationPurposeAmount
THOMAS NELSON HIGH SCHOOLBARDSTOWN, KYPROJECT GRADUATION AND BASKETBALL PROGRAM SUPPORT$7k
THE GLADYS PROJECTDANVILLE, KYSUPPORT OF KINDERGARTEN READINESS PROGRAM "READY SET GO PRESCHOOL"$6k
TRI-COUNTY UNITED WAYBARDSTOWN, KYMATCHING FUNDS FOR HARRODSBURG ANNUAL CAMPAIGN$6k
HEART OF KENTUCKY UNITED WAYDANVILLE, KYMATCHING FUNDS FOR BARDSTOWN ANNUAL CAMPAIGN, LAUGH UNITED 2025, SUPPORT FOR DAY OF CARING$6k
DISTINGUISHED YOUNG WOMEN OF BOYLE COUNTYDANVILLE, KYSENIOR WOMEN SCHOLARSHIP PROGRAMS$5k
MERCER COUNTY COMMUNITY ENDOWMENTHARRODSBURG, KYIMPROVING, ECONOMIC LEVEL, HEALTH & OVERALL QUALITY OF LIFE FOR CITIZENS OF MERCER CO.$5k
NORTON CENTER FOR THE ARTS - CENTRE COLLEGEDANVILLE, KYARTS FOR CLASSROOM SUBSIDIES FOR OVER 25,000 STUDENTS$5k
SALVATION ARMYDANVILLE, KYSUMMER CAMPS FOR CHILDREN$5k
SPENCER COUNTY HABITAT FOR HUMANITYTAYLORSVILLE, KYNEW HABITAT HOME SUPPORT$5k
SUNRISE CHILDREN'S SERVICESDANVILLE, KYFACILITY RENOVATIONS$5k
JAPAN AMERICA SOCIETY OF KYFRANKFORT, KYSPONSOR ANNUAL GOLF TOURNAMENT AND JAPAN FESTIVAL AUGUST 2024$4k
BETHANY HAVENBARDSTOWN, KYSPONSORSHIP OF GOLF SCRAMBLE FUNDRAISER$3k
KENTUCKY STATE POLICE SHOP WITH A TROOPERELIZABETHTOWN, KYSUPPORT FOR UNDERPRIVILEGED CHILDREN TO SHOP WITH A TROOPER$3k
SALVATION ARMY OF NELSON COUNTYBARDSTOWN, KYRENT & UTILITY ASSISTANCE & SUPORT FOR THE LOCAL FOOD BANK & COMMUNITY CLINIC$3k
BETHLEHEM HIGH SCHOOLBARDSTOWN, KY2025 PROJECT GRADUATION AND CANCER PATIENT SUPPORT$2k
COURT APPOINTED SPECIAL ADVOCATE OF THE BLUEGRASSDANVILLE, KYADVOCATING FOR NEEDS OF ABUSED OR NEGLECTED CHILDREN$2k
THE COMPASSIONATE FRIENDSDANVILLE, KYANNAUL DAY OF RECOGNITION FOR FAMILIES THAT HAVE LOST LOVED ONES TO CANCER$2k
GREAT AMERICAN BRASS BAND FESTIVALDANVILLE, KYBRASS BAND FESTIVAL 2025$2k
PIONEER PLAYHOUSEDANVILLE, KYFUNDING OF DISADVANTAGED KIDS IN ARTS EDUCATION$1k
BOYLE COUNTY HIGH SCHOOLDANVILLE, KYPROJECT GRADUATION$1k
CAMP HORSING AROUNDPERRYVILLE, KYOUTDOOR CAMP ADVENTURE FOR SPECIAL NEEDS CHILDREN OR COMPROMISED HEALTH$1k
DANVILLE BOYLE COUNTY HUMANE SOCIETYDANVILLE, KYANNUAL POINTS FOR PETS FUNDRAISER$1k
DANVILLE HIGH SCHOOL PROJECT GRADUATIONDANVILLE, KYPROJECT GRADUATION$1k
MERCER COUNTY HIGH SCHOOLHARRODSBURG, KYPROJECT GRADUATION$1k
RAGGED EDGE COMMUNITY THEATREHARRODSBURG, KYSEASON SPONSOR$1k
Compare this foundation's grantees

Held steady
from 2023

From $12k in 2023 to $12k in 2024.

$12k
2023
$12k
2024
In today's dollarsEst.
Down 3% in real terms$13k to $12k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 31%.

$12k in 2023 to $12k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

TRIM MASTERS CHARITABLE FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$68k
$110k
2023
$89k
$107k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Youth Development executives earn

Comparable youth development organizations nationwide pay their highest-earning executive a median of $70,000.

25th percentile
$31k
Median
$70,000
75th percentile
$120k
90th percentile
$186k

These are youth development sector-wide figures, not this organization's reported pay. Based on 5,237 organizations across 5,237 filings (2020 – 2024).

See full Youth Development compensation data
FAQ

Common questions about TRIM MASTERS CHARITABLE FOUNDATION INC

What does the Board President of TRIM MASTERS CHARITABLE FOUNDATION INC earn?

In 2024, the Board President of TRIM MASTERS CHARITABLE FOUNDATION INC received $11,631 in total compensation. This pay is below the median (the midpoint) for Board President roles among Youth Development organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at TRIM MASTERS CHARITABLE FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Youth Development organizations nationwide, the 2024 pay of the Board President at TRIM MASTERS CHARITABLE FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at TRIM MASTERS CHARITABLE FOUNDATION INC equaled 11% of the organization's total expenses. The median for youth development organizations is 11%.

What are TRIM MASTERS CHARITABLE FOUNDATION INC's revenue and expenses?

In 2024, TRIM MASTERS CHARITABLE FOUNDATION INC reported $89k in total revenue and $107k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.