Keen Ager Corporation
EIN: 510204296 · Wakefield, MI · NTEE: L99
| Metric | Value |
|---|---|
| Total Revenue | $382K |
| Total Expenses | $398K |
| Net Assets | $149K |
Is Keen Ager Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Keen Ager Corporation
Keen Ager Corporation (EIN: 510204296) is a nonprofit organization based in Wakefield, MI, classified under NTEE code L99. The organization reported total revenue of $382K and total assets of $118K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keen Ager Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keen Ager Corporation is a small nonprofit that has been operating for 1 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $431K |
| Total Expenses | $398K |
| Surplus / Deficit | +$34K |
| Total Assets | $150K |
| Total Liabilities | $1K |
| Net Assets | $149K |
| Operating Margin | 7.8% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2020, Keen Ager Corporation reported a surplus of $34K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Keen Ager Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +12.8% | +6.3% | +26.7% |
| 2019 | +2.9% | -0.1% | +10.5% |
| 2018 | +3.5% | -1.5% | -2.6% |
| 2017 | -4.1% | -0.2% | -16.2% |
| 2016 | -6.9% | -5.3% | -4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Keen Ager Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Keen Ager Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Keen Ager Corporation
Is Keen Ager Corporation a legitimate charity?
Keen Ager Corporation (EIN: 510204296) is a registered tax-exempt nonprofit based in Michigan. It has 10 years of IRS 990 filings on record. Total revenue: $382K. No red flags identified. Financial health grade: A.
How does Keen Ager Corporation spend its money?
Keen Ager Corporation reported $382K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Keen Ager Corporation tax-deductible?
Keen Ager Corporation is registered as a tax-exempt nonprofit (EIN: 510204296). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Keen Ager Corporation located?
Keen Ager Corporation is headquartered in Wakefield, Michigan and files with the IRS under EIN 510204296. It is classified under NTEE code L99.
How many years of IRS 990 filings does Keen Ager Corporation have?
Keen Ager Corporation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $382K in total revenue.
Filing History
IRS 990 filing history for Keen Ager Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Keen Ager Corporation's revenue has grown by 33.2%, moving from $324K to $431K. Total assets decreased by 65.2% over the same period, from $430K to $150K. Total functional expenses fell by 0.2%, from $399K to $398K. In its most recent filing year (2020), Keen Ager Corporation reported a surplus of $34K, with revenue exceeding expenses. The organization holds $1K in liabilities against $150K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $149K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $431K | $398K | $150K | $1K | — | — |
| 2019 | $382K | $374K | $118K | $3K | — | — |
| 2018 | $372K | $375K | $107K | $0 | — | View 990 |
| 2017 | $359K | $380K | $110K | $0 | — | View 990 |
| 2016 | $374K | $381K | $131K | $0 | — | View 990 |
| 2015 | $402K | $402K | $138K | $0 | — | View 990 |
| 2014 | $375K | $426K | $142K | $4K | — | View 990 |
| 2013 | $357K | $398K | $193K | $4K | — | View 990 |
| 2012 | $330K | $396K | $365K | $0 | — | View 990 |
| 2011 | $324K | $399K | $430K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $431K, expenses of $398K, and assets of $150K (revenue +12.8% year-over-year).
- 2019: Revenue of $382K, expenses of $374K, and assets of $118K (revenue +2.9% year-over-year).
- 2018: Revenue of $372K, expenses of $375K, and assets of $107K (revenue +3.5% year-over-year).
- 2017: Revenue of $359K, expenses of $380K, and assets of $110K (revenue -4.1% year-over-year).
- 2016: Revenue of $374K, expenses of $381K, and assets of $131K (revenue -6.9% year-over-year).
- 2015: Revenue of $402K, expenses of $402K, and assets of $138K (revenue +7.1% year-over-year).
- 2014: Revenue of $375K, expenses of $426K, and assets of $142K (revenue +5.0% year-over-year).
- 2013: Revenue of $357K, expenses of $398K, and assets of $193K (revenue +8.3% year-over-year).
- 2012: Revenue of $330K, expenses of $396K, and assets of $365K (revenue +2.0% year-over-year).
- 2011: Revenue of $324K, expenses of $399K, and assets of $430K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keen Ager Corporation:
Data Sources and Methodology
This transparency report for Keen Ager Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.