Keokuk Area Community Foundation

Keokuk Area Community Foundation shows consistent asset growth and zero reported officer compensation.

EIN: 201838372 · Keokuk, IA · NTEE: T31 · Updated: 2026-03-28

$11.4MRevenue
$32.9MAssets
92/100Mission Score (Excellent)
T31
Keokuk Area Community Foundation Financial Summary
MetricValue
Total Revenue$11.4M
Total Expenses$1.2M
Program Spending85%
Net Assets$16.1M
Transparency Score92/100

Search Intent Cockpit

Keokuk Area Community Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Keokuk Area Community Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Keokuk Area Community Foundation in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $1.9M and expenses of $1.2M.

Revenue and Expenses

Keokuk Area Community Foundation reported $1.9M in revenue and $1.2M in expenses, a surplus of $668K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

92/100 mission score, 0 red flags, and 4 strengths are shown from structured and AI review.

Is Keokuk Area Community Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Keokuk Area Community Foundation Expense Deployment
Program services$1.0M (85%)

Across stored filings, Keokuk Area Community Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Keokuk Area Community Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Latinas Unidas Por Un Nuevo AmanecerIowa and Philanthropy context

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85% of spending goes to programs.

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Keokuk Area Community Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Keokuk Area Community Foundation

Keokuk Area Community Foundation (EIN: 201838372) is a nonprofit organization based in Keokuk, IA, classified under NTEE code T31. The organization reported total revenue of $11.4M and total assets of $32.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keokuk Area Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Keokuk Area Community Foundation is a large nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.9M
Total Expenses$1.2M
Surplus / Deficit+$668K
Total Assets$20.6M
Total Liabilities$4.5M
Net Assets$16.1M
Operating Margin35.6%
Debt-to-Asset Ratio21.9%
Months of Reserves204.7 months

Financial Health Grade: A

In 2023, Keokuk Area Community Foundation reported a surplus of $668K with revenue exceeding expenses, holds 204.7 months of operating reserves (strong position), has a debt-to-asset ratio of 21.9% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Keokuk Area Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 28.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-4.5%+9.2%+23.8%
2022-8.2%+24.1%-16.6%
2021-61.5%+3.1%+10.9%
2020+26.8%+120.0%+67.7%
2019+233.8%+18.5%+106.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

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

AI Transparency Report

The Keokuk Area Community Foundation demonstrates a strong financial position with consistent asset growth, reaching $20,610,055 in 2023. The organization's revenue has fluctuated, with a notable peak of $5,560,984 in 2020, but has remained robust in recent years, reporting $1,876,895 in 2023. Their spending efficiency appears healthy, as expenses in 2023 were $1,208,444 against revenue of $1,876,895, indicating a significant portion of revenue is retained or directed towards future programs and asset building. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency and a commitment to directing funds towards the community rather than executive salaries, which is a positive indicator for donors.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Keokuk Area Community Foundation with a Mission Score of 92 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Keokuk Area Community Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$1.9MTotal Revenue
$1.2MTotal Expenses
$20.6MTotal Assets
$4.5MTotal Liabilities
$16.1MNet Assets
  • The organization reported a surplus of $668K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 21.9%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received reportable compensation from the organization. This is a strong positive for a community foundation of its size, suggesting a high dedication to mission over administrative salaries.

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.

Strengths

The following positive indicators were identified for Keokuk Area Community Foundation:

  • Consistent asset growth, from $3.5M in 2014 to over $20M in 2023.
  • Zero reported officer compensation across all filings, indicating high efficiency and transparency.
  • Expenses consistently lower than revenue, allowing for asset building and future program investment.
  • Strong financial stability with a healthy asset-to-liability ratio.

Frequently Asked Questions about Keokuk Area Community Foundation

Is Keokuk Area Community Foundation a legitimate charity?

Keokuk Area Community Foundation (EIN: 201838372) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.4M. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Keokuk Area Community Foundation spend its money?

Keokuk Area Community Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Keokuk Area Community Foundation tax-deductible?

Keokuk Area Community Foundation is registered as a tax-exempt nonprofit (EIN: 201838372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Keokuk Area Community Foundation's spending goes to programs?

Keokuk Area Community Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Keokuk Area Community Foundation compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Keokuk Area Community Foundation is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Keokuk Area Community Foundation located?

Keokuk Area Community Foundation is headquartered in Keokuk, Iowa and files with the IRS under EIN 201838372. It is classified under NTEE code T31.

How many years of IRS 990 filings does Keokuk Area Community Foundation have?

Keokuk Area Community Foundation has 13 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 $11.4M in total revenue.

Is Keokuk Area Community Foundation a good charity?

Based on the provided data, the Keokuk Area Community Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, efficient spending (expenses are consistently lower than revenue), and a notable commitment to transparency by reporting 0% officer compensation.

How has the organization's financial health changed over time?

The organization has shown significant growth in assets, from $3,508,423 in 2014 to $20,610,055 in 2023. Revenue has also grown substantially over the decade, despite some year-to-year fluctuations, indicating a strong and expanding financial base.

What is the organization's approach to executive compensation?

The Keokuk Area Community Foundation consistently reports 0% officer compensation in all available filings, suggesting that its leadership either volunteers their time or is compensated through other means not reportable as officer compensation, which is a strong indicator of fiscal responsibility and dedication to the mission.

Filing History

IRS 990 filing history for Keokuk Area Community Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Keokuk Area Community Foundation's revenue has grown by 1963.8%, moving from $91K to $1.9M. Total assets increased by 31520.2% over the same period, from $65K to $20.6M. Total functional expenses rose by 1188%, from $94K to $1.2M. In its most recent filing year (2023), Keokuk Area Community Foundation reported a surplus of $668K, with revenue exceeding expenses. The organization holds $4.5M in liabilities against $20.6M in assets (debt-to-asset ratio: 21.9%), resulting in net assets of $16.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.9M $1.2M $20.6M $4.5M
2022 $2.0M $1.1M $16.6M $1.9M View 990
2021 $2.1M $892K $19.9M $2.1M View 990
2020 $5.6M $866K $18.0M $1.9M View 990
2019 $4.4M $393K $10.7M $1.7M View 990
2018 $1.3M $332K $5.2M $763K View 990
2017 $534K $309K $4.6M $773K View 990
2016 $487K $257K $4.0M $676K View 990
2015 $687K $286K $3.6M $659K View 990
2014 $506K $269K $3.5M $711K View 990
2013 $1.4M $246K $3.3M $726K View 990
2012 $381K $135K $2.1M $688K View 990
2011 $91K $94K $65K $2K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.9M, expenses of $1.2M, and assets of $20.6M (revenue -4.5% year-over-year).
  • 2022: Revenue of $2.0M, expenses of $1.1M, and assets of $16.6M (revenue -8.2% year-over-year).
  • 2021: Revenue of $2.1M, expenses of $892K, and assets of $19.9M (revenue -61.5% year-over-year).
  • 2020: Revenue of $5.6M, expenses of $866K, and assets of $18.0M (revenue +26.8% year-over-year).
  • 2019: Revenue of $4.4M, expenses of $393K, and assets of $10.7M (revenue +233.8% year-over-year).
  • 2018: Revenue of $1.3M, expenses of $332K, and assets of $5.2M (revenue +146.0% year-over-year).
  • 2017: Revenue of $534K, expenses of $309K, and assets of $4.6M (revenue +9.7% year-over-year).
  • 2016: Revenue of $487K, expenses of $257K, and assets of $4.0M (revenue -29.1% year-over-year).
  • 2015: Revenue of $687K, expenses of $286K, and assets of $3.6M (revenue +35.6% year-over-year).
  • 2014: Revenue of $506K, expenses of $269K, and assets of $3.5M (revenue -64.7% year-over-year).
  • 2013: Revenue of $1.4M, expenses of $246K, and assets of $3.3M (revenue +276.3% year-over-year).
  • 2012: Revenue of $381K, expenses of $135K, and assets of $2.1M (revenue +319.2% year-over-year).
  • 2011: Revenue of $91K, expenses of $94K, and assets of $65K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Keokuk Area Community Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Keokuk Area Community 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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