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CHARITY REVIEW
Issued: July 2026 Expires: July 2028

Canopy

Accredited Charity
Accredited Charity

Meets Standards
(502) 907-3268
1500 Lytle St.
Louisville, KY, 40203
https://canopyky.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Stated Purpose:
Canopy strengthens Kentucky businesses by providing the education and connections required to turn community impact into a path for sustainable profit.

Year, State Incorporated:
2018, KY

Also Known As:
Canopy Certified, Inc.

Canopy educates and connects Kentucky leaders through a common-sense business curriculum and a network of folks who care about their home. The organization provides the practical tools needed to build impact right into your business model, proving that when our communities do well, our businesses do better. By putting these lessons and partnerships into practice, Canopy is making sure Kentucky companies have exactly what they need for a stable, prosperous future.

For the year ended December 31, 2024, Canopy's program expenses were:

Program services $254,224
Total Program Expenses $254,224

Chief Executive
Scott Koloms, Founder & CEO

Chair of the Board
Ashley Duncan

Chair's Profession / Business Affiliation
AVP, Growth and Community Engagement, Passport by Molina Healthcare

Board Size
9

Method(s) Used:
Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Membership appeals

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Canopy's IRS Form 990 for the year ended December 31, 2024.

Source of Funds
All other contributions, gifts, grants $279,584
Federated campaigns $48,834
Program service revenue $14,093
Miscellaneous $1,213
Total Income $343,724

Programs: 72% Fundraising: 18% Administrative: 11%

Total Income $343,724
Total expenses: $353,963
  Program expenses $254,224
  Fundraising expenses $62,356
  Administrative expenses $37,383
  Other expenses $0
Income in Excess of Expenses $-10,239
Beginning Net Assets $-45,729
Other Changes In Net Assets $9,594
Ending Net Assets $-46,374
Total Liabilities $110,000
Total Assets $63,626
Ending net assets as reported above are without donor restrictions.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB serving Greater Kentucky and South Central Indiana