Business & Education Network Inc
BEN WAS FORMED TO ASSIST IN INSURING AN AVAILABLE SKILLED WORKFORCE FOR LEXINGTON THROUGH COLLABORATION BETWEEN BUSINESS, EDUCATION, AND COMMUNITY PARTNERSHIPS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11K
-98.2% YoY
Annual Giving
$586K
Grant Count
1
Avg Grant Size
$586K
About Business & Education Network Inc
Based on IRS filings
Business & Education Network Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11K in total assets. In 2024, it awarded 1 grants totaling $586K. Net investment income was $22K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,015 | $602,685 | $768,393 |
| Revenue | $227,365 | $198,164 | $231,305 |
| Expenses | $819,861 | $347,667 | $285,263 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $21,590 | $20,990 | $4,400 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Commerce Lexington Foundation Inc ($585,555).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMERCE LEXINGTON FOUNDATION INC LEXINGTON, KY | DONATION TO ASSIST WITH CREATION OF ENTITY | $585,555 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TUCKER BALLINGER | OFFICER | 1 | — |
| MARK MANUEL | OFFICER | 1 | — |
| ERIC SAUVAGE | BOARD MEMBER | 1 | — |
| DARYL SMITH | OFFICER | 1 | — |
| MARY ANN VIMONT | OFFICER | 1 | — |
| ELISA BRUCE COOLEY | BOARD MEMBER | 1 | — |
| GINA GREATHOUSE | BOARD MEMBER | 1 | — |
| LYNETTE WALKER | OFFICER | 1 | — |
| ROBERT QUICK | BOARD MEMBER | 1 | — |
| TODD JOHNSON | BOARD MEMBER | 1 | — |
| DAVID KIDD | BOARD MEMBER | 1 | — |
| GWEN RILEY | BOARD MEMBER | 1 | — |
| TODD ZIEGLER | BOARD MEMBER | 1 | — |
| CARRIE ROGERS | BOARD MEMBER | 1 | — |
| HELEN E DEXTER | EXECUTIVE DIRECTOR | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Business & Education Network Inc?
Business & Education Network Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in LEXINGTON, KY. It holds $11K in total assets as of 2024.
How large is Business & Education Network Inc?
As of 2024, Business & Education Network Inc holds $11K in total assets with $227K in annual revenue. It awarded 1 grants totaling $586K in 2024.
Where does Business & Education Network Inc operate?
Business & Education Network Inc has awarded grants in Kentucky.
What size grants does Business & Education Network Inc award?
In 2024, Business & Education Network Inc awarded 1 grants totaling $586K — an average of about $586K per grant, based on its IRS Form 990 filings.
What is Business & Education Network Inc's EIN?
Business & Education Network Inc's EIN (Employer Identification Number) is 31-1628472. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.