Keough Family Foundation
EIN: 364563657 · Ann Arbor, MI · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $461K |
| Total Expenses | $354K |
| Net Assets | $3.8M |
Is Keough Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Keough Family Foundation
Keough Family Foundation (EIN: 364563657) is a nonprofit organization based in Ann Arbor, MI, classified under NTEE code T22. The organization reported total revenue of $461K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keough Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keough Family Foundation is a small 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 27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $398K |
| Total Expenses | $354K |
| Surplus / Deficit | +$44K |
| Total Assets | $3.8M |
| Total Liabilities | $1 |
| Net Assets | $3.8M |
| Operating Margin | 11.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 130.3 months |
Financial Health Grade: A
In 2023, Keough Family Foundation reported a surplus of $44K with revenue exceeding expenses, holds 130.3 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), Keough Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.1% | -5.1% | -23.0% |
| 2022 | -52.6% | +13.6% | -2.8% |
| 2021 | +45.8% | +14.9% | +3.0% |
| 2020 | -77.8% | +9.0% | +0.9% |
| 2019 | +14.6% | +194.6% | +31.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Keough Family Foundation 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 Keough Family Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $44K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Keough Family Foundation
Is Keough Family Foundation a legitimate charity?
Keough Family Foundation (EIN: 364563657) is a registered tax-exempt nonprofit based in Michigan. It has 10 years of IRS 990 filings on record. Total revenue: $461K. No red flags identified. Financial health grade: A.
How does Keough Family Foundation spend its money?
Keough Family Foundation reported $461K 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 Keough Family Foundation tax-deductible?
Keough Family Foundation is registered as a tax-exempt nonprofit (EIN: 364563657). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Keough Family Foundation located?
Keough Family Foundation is headquartered in Ann Arbor, Michigan and files with the IRS under EIN 364563657. It is classified under NTEE code T22.
How many years of IRS 990 filings does Keough Family Foundation have?
Keough 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 $461K in total revenue.
Filing History
IRS 990 filing history for Keough Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Keough Family Foundation's revenue has grown by 1678.5%, moving from $22K to $398K. Total assets increased by 11339.9% over the same period, from $34K to $3.8M. Total functional expenses rose by 2020.5%, from $17K to $354K. In its most recent filing year (2023), Keough Family Foundation reported a surplus of $44K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $398K | $354K | $3.8M | $1 | — | View 990 |
| 2022 | $227K | $373K | $5.0M | $1 | — | View 990 |
| 2021 | $479K | $328K | $5.1M | $1 | — | — |
| 2020 | $329K | $285K | $5.0M | $1 | — | — |
| 2019 | $1.5M | $262K | $4.9M | $1 | — | — |
| 2015 | $1.3M | $89K | $3.7M | $1 | — | View 990 |
| 2014 | $2.1M | $60K | $2.5M | $1 | — | View 990 |
| 2013 | $56K | $35K | $478K | $1 | — | View 990 |
| 2012 | $453K | $30K | $456K | $0 | — | View 990 |
| 2011 | $22K | $17K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $398K, expenses of $354K, and assets of $3.8M (revenue +75.1% year-over-year).
- 2022: Revenue of $227K, expenses of $373K, and assets of $5.0M (revenue -52.6% year-over-year).
- 2021: Revenue of $479K, expenses of $328K, and assets of $5.1M (revenue +45.8% year-over-year).
- 2020: Revenue of $329K, expenses of $285K, and assets of $5.0M (revenue -77.8% year-over-year).
- 2019: Revenue of $1.5M, expenses of $262K, and assets of $4.9M (revenue +14.6% year-over-year).
- 2015: Revenue of $1.3M, expenses of $89K, and assets of $3.7M (revenue -39.6% year-over-year).
- 2014: Revenue of $2.1M, expenses of $60K, and assets of $2.5M (revenue +3691.6% year-over-year).
- 2013: Revenue of $56K, expenses of $35K, and assets of $478K (revenue -87.6% year-over-year).
- 2012: Revenue of $453K, expenses of $30K, and assets of $456K (revenue +1925.2% year-over-year).
- 2011: Revenue of $22K, expenses of $17K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keough Family Foundation:
Data Sources and Methodology
This transparency report for Keough 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.