Keller Family Foundation

Keller Family Foundation maintains stable expenses and growing assets with no officer compensation.

EIN: 134333550 · Pennington, NJ · NTEE: T20 · Updated: 2026-03-28

$7.9MRevenue
$7.0MAssets
85/100Mission Score (Excellent)
T20
Keller Family Foundation Financial Summary
MetricValue
Total Revenue$7.9M
Total Expenses$330K
Program Spending90%
Net Assets$6.2M
Transparency Score85/100

Is Keller Family Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Keller Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Keller Family Foundation

Keller Family Foundation (EIN: 134333550) is a nonprofit organization based in Pennington, NJ, classified under NTEE code T20. The organization reported total revenue of $7.9M and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keller Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Keller Family Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$127K
Total Expenses$330K
Surplus / Deficit$-202,597
Total Assets$6.2M
Total Liabilities$1
Net Assets$6.2M
Operating Margin-159.1%
Debt-to-Asset Ratio0.0%
Months of Reserves226.7 months

Financial Health Grade: B

In 2023, Keller Family Foundation reported a deficit of $203K with expenses exceeding revenue, holds 226.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Keller Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-49.3%+25.3%-3.1%
2022-94.5%+1.8%-3.4%
2021+2276.7%+2.0%+52.1%
2020+22.1%+1.8%-1.4%
2019-43.8%-6.2%+5.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Keller Family Foundation demonstrates a consistent operational pattern with relatively stable expenses over the past decade, typically in the range of $246,235 to $329,942 annually. While revenue has fluctuated significantly, notably a spike to $4,527,904 in 2021, the organization's assets have shown steady growth, increasing from $3,955,600 in 2011 to $6,232,821 in 2023. This suggests a conservative spending approach relative to its asset base. The foundation's financial health appears robust, supported by growing assets and minimal liabilities (consistently reported as $0 or $1). The absence of reported officer compensation across all filings indicates a volunteer-driven or externally managed operational model, which can contribute to lower administrative overhead. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency and program focus. The NTEE code T20 (Private Grantmaking Foundations) implies that most expenses would be program-related grants, but this is not explicitly detailed in the provided data. Transparency regarding executive compensation is excellent, with 0% reported. However, the lack of detailed expense categorization in the provided summary limits a full assessment of spending efficiency. While the foundation's assets are substantial and growing, the significant revenue fluctuations, particularly the large inflow in 2021, warrant further investigation to understand their source and how they align with the foundation's long-term strategy and grantmaking capacity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Keller Family Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Keller Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$127KTotal Revenue
$330KTotal Expenses
$6.2MTotal Assets
$1Total Liabilities
$6.2MNet Assets
  • The organization reported a deficit of $203K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that officers are not compensated, which is a positive for resource allocation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Keller Family Foundation's IRS 990 filings:

  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data, making efficiency assessment difficult.

Strengths

The following positive indicators were identified for Keller Family Foundation:

  • Consistent growth in assets from $3.9M to $6.2M over 10 years.
  • Zero officer compensation reported across all filings, indicating efficient use of funds for mission.
  • Minimal liabilities (consistently $0 or $1) demonstrating strong financial stability.
  • Stable expense levels over a decade, suggesting predictable operational costs.

Frequently Asked Questions about Keller Family Foundation

Is Keller Family Foundation a legitimate charity?

Keller Family Foundation (EIN: 134333550) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $7.9M. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Keller Family Foundation spend its money?

Keller Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Keller Family Foundation tax-deductible?

Keller Family Foundation is registered as a tax-exempt nonprofit (EIN: 134333550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Keller Family Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Keller Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Keller Family Foundation located?

Keller Family Foundation is headquartered in Pennington, New Jersey and files with the IRS under EIN 134333550. It is classified under NTEE code T20.

How many years of IRS 990 filings does Keller Family Foundation have?

Keller Family Foundation 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 $7.9M in total revenue.

What is the source of the significant revenue spike in 2021 ($4,527,904)?

The provided data does not specify the source of this revenue, but it could be from large donations, investment gains, or a specific endowment contribution.

How does the Keller Family Foundation allocate its expenses between grants and operational costs?

The provided summary lacks a detailed breakdown of expenses. As a private grantmaking foundation (T20), a significant portion is expected to be grants, but specific percentages are not available.

What is the foundation's grantmaking strategy given its growing asset base and fluctuating revenue?

With assets growing from $3.9M to $6.2M over a decade and varying annual revenues, understanding their grantmaking strategy (e.g., endowment spending policy, focus areas) would provide insight into their impact.

Filing History

IRS 990 filing history for Keller Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Keller Family Foundation's revenue has declined by 50.7%, moving from $259K to $127K. Total assets increased by 57.6% over the same period, from $4.0M to $6.2M. Total functional expenses rose by 34%, from $246K to $330K. In its most recent filing year (2023), Keller Family Foundation reported a deficit of $203K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $127K $330K $6.2M $1 View 990
2022 $251K $263K $6.4M $1 View 990
2021 $4.5M $258K $6.7M $1 View 990
2020 $191K $253K $4.4M $1
2019 $156K $249K $4.4M $1 View 990
2015 $278K $266K $4.2M $0 View 990
2014 $365K $264K $4.2M $0 View 990
2013 $390K $258K $4.1M $0 View 990
2012 $325K $253K $4.0M $0 View 990
2011 $259K $246K $4.0M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $127K, expenses of $330K, and assets of $6.2M (revenue -49.3% year-over-year).
  • 2022: Revenue of $251K, expenses of $263K, and assets of $6.4M (revenue -94.5% year-over-year).
  • 2021: Revenue of $4.5M, expenses of $258K, and assets of $6.7M (revenue +2276.7% year-over-year).
  • 2020: Revenue of $191K, expenses of $253K, and assets of $4.4M (revenue +22.1% year-over-year).
  • 2019: Revenue of $156K, expenses of $249K, and assets of $4.4M (revenue -43.8% year-over-year).
  • 2015: Revenue of $278K, expenses of $266K, and assets of $4.2M (revenue -23.9% year-over-year).
  • 2014: Revenue of $365K, expenses of $264K, and assets of $4.2M (revenue -6.5% year-over-year).
  • 2013: Revenue of $390K, expenses of $258K, and assets of $4.1M (revenue +20.0% year-over-year).
  • 2012: Revenue of $325K, expenses of $253K, and assets of $4.0M (revenue +25.7% year-over-year).
  • 2011: Revenue of $259K, expenses of $246K, and assets of $4.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Keller Family Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Keller Family Foundation 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.

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