Quick charity verification for Keybank Community Trust (EIN: 146030063)
Verdict: Keybank Community Trust appears trustworthy
70/100Mission Score
$1.0MRevenue
$2.3MAssets
3Red Flags
4Strengths
Red Flags
Consistent operational deficits, with expenses exceeding revenue in multiple recent years (e.g., 2023, 2022, 2015, 2013, 2012, 2011).
Significant year-over-year revenue volatility, making financial planning challenging.
Lack of detailed program spending information in the provided summary data, making it difficult to assess direct impact.
Strengths
Substantial and growing asset base, providing financial stability ($2,072,384 in 2023).
Zero reported officer compensation across all filings, indicating a potential for high efficiency in administrative costs.
Minimal liabilities, consistently reported as $0 or $1, reflecting a healthy balance sheet.
Consistent IRS 990 filing history, demonstrating transparency and compliance.
Spending Breakdown
How Keybank Community Trust allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Keybank Community Trust
Is Keybank Community Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Keybank Community Trust (EIN: 146030063) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
Is Keybank Community Trust a good charity to donate to?
Keybank Community Trust has a Mission Score of 70/100. Revenue: $1.0M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Keybank Community Trust?
The Employer Identification Number (EIN) for Keybank Community Trust is 146030063. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Keybank Community Trust spend its money?
Keybank Community Trust allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Keybank Community Trust's tax-exempt status?
You can verify Keybank Community Trust's tax-exempt status using EIN 146030063 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Keybank Community Trust demonstrates a consistent financial base with assets steadily growing over the past decade, reaching $2,072,384 in 2023. However, the organization has shown a pattern of spending exceeding revenue in several recent years, notably in 2023 where expenses were $244,048 against revenues of $98,719, and in 2022 with expenses of $132,625 against $75,143 in revenue. This trend suggests a reliance on existing assets or prior year surpluses to cover operational costs, which could be unsustainable long-term without a significant increase in revenue or reduction in expenses. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, indicating adherence to reporting requirements.
While specific program spending details are not provided in the summary data, the absence of reported officer compensation across all filings suggests a lean administrative structure, potentially indicating a high proportion of funds directed towards its mission. The organization's liabilities have remained minimal, often reported as $1 or $0, which is a positive indicator of financial stability and low debt burden. The fluctuating revenue, with a peak of $423,790 in 2021, highlights an inconsistent funding stream that warrants further investigation into its fundraising strategies.
Overall, Keybank Community Trust appears financially stable due to its substantial asset base, but its operational efficiency is questionable given the recurring deficits. A deeper dive into the allocation of expenses (program vs. administrative) would be crucial to fully assess its spending efficiency. The lack of officer compensation is a strong positive for transparency and resource allocation.