Key Assets Foundation Inc
EIN: 463541566 · Lexington, KY
| Metric | Value |
|---|---|
| Total Expenses | $60K |
| Net Assets | $-92,590 |
Is Key Assets Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Key Assets Foundation Inc
Key Assets Foundation Inc (EIN: 463541566) is a nonprofit organization based in Lexington, KY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Key Assets Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Key Assets Foundation Inc is a micro nonprofit, with 4 years of IRS 990 filings on record (2014–2017). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $60K |
| Surplus / Deficit | +$7K |
| Total Assets | $23K |
| Total Liabilities | $115K |
| Net Assets | $-92,590 |
| Operating Margin | 10.0% |
| Debt-to-Asset Ratio | 509.7% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2017, Key Assets Foundation Inc reported a surplus of $7K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 509.7% (high leverage).
Financial Trends
Over 4 years of filings (2014–2017), Key Assets Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -46.1% | -62.1% | -61.4% |
| 2016 | +13.7% | +2.7% | +71.9% |
| 2015 | +128.4% | +140.3% | -46.8% |
AI Analysis Pending
AI enrichment for Key Assets Foundation Inc 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 Key Assets Foundation Inc 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 509.7%.
Frequently Asked Questions about Key Assets Foundation Inc
Is Key Assets Foundation Inc a legitimate charity?
Key Assets Foundation Inc (EIN: 463541566) is a registered tax-exempt nonprofit based in Kentucky. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Key Assets Foundation Inc spend its money?
Key Assets Foundation Inc reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Key Assets Foundation Inc tax-deductible?
Key Assets Foundation Inc is registered as a tax-exempt nonprofit (EIN: 463541566). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Key Assets Foundation Inc located?
Key Assets Foundation Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 463541566.
How many years of IRS 990 filings does Key Assets Foundation Inc have?
Key Assets Foundation Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Key Assets Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2014–2017), Key Assets Foundation Inc's revenue has grown by 39.9%, moving from $48K to $67K. Total assets decreased by 64.7% over the same period, from $64K to $23K. Total functional expenses fell by 6.4%, from $65K to $60K. In its most recent filing year (2017), Key Assets Foundation Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $115K in liabilities against $23K in assets (debt-to-asset ratio: 509.7%), resulting in net assets of $-92,590.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $67K | $60K | $23K | $115K | — | View 990 |
| 2016 | $125K | $159K | $58K | $158K | — | View 990 |
| 2015 | $110K | $155K | $34K | $99K | — | View 990 |
| 2014 | $48K | $65K | $64K | $83K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $67K, expenses of $60K, and assets of $23K (revenue -46.1% year-over-year).
- 2016: Revenue of $125K, expenses of $159K, and assets of $58K (revenue +13.7% year-over-year).
- 2015: Revenue of $110K, expenses of $155K, and assets of $34K (revenue +128.4% year-over-year).
- 2014: Revenue of $48K, expenses of $65K, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Key Assets Foundation Inc:
Data Sources and Methodology
This transparency report for Key Assets Foundation Inc 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.