Keys Empowers Inc
EIN: 812737275 · Baltimore, MD · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.9M |
| Net Assets | $838K |
Is Keys Empowers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Keys Empowers Inc
Keys Empowers Inc (EIN: 812737275) is a nonprofit organization based in Baltimore, MD, classified under NTEE code P20. The organization reported total revenue of $2.0M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keys Empowers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keys Empowers Inc is a mid-size nonprofit that has been operating for 2 years, with 6 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 104.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$838K |
| Total Assets | $892K |
| Total Liabilities | $54K |
| Net Assets | $838K |
| Operating Margin | 30.9% |
| Debt-to-Asset Ratio | 6.1% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2023, Keys Empowers Inc reported a surplus of $838K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 6.1% (very low leverage).
Financial Trends
Over 6 years of filings (2016–2023), Keys Empowers Inc's revenue has grown at a compound annual growth rate (CAGR) of 104.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +313.7% | +410.3% | +178.2% |
| 2020 | +235.3% | +124.7% | +558.7% |
| 2019 | +82.8% | -8.1% | — |
| 2018 | +130.3% | — | -100.0% |
| 2017 | +156.9% | -100.0% | +256.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Keys Empowers 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 Keys Empowers 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $838K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.1%.
Frequently Asked Questions about Keys Empowers Inc
Is Keys Empowers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Keys Empowers Inc (EIN: 812737275) insufficient data. 0 red flags identified, 0 strengths noted.
How does Keys Empowers Inc spend its money?
Detailed spending breakdown data is not yet available for Keys Empowers Inc. Check back for updated IRS 990 analysis.
Are donations to Keys Empowers Inc tax-deductible?
Keys Empowers Inc is registered as a tax-exempt nonprofit (EIN: 812737275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Keys Empowers Inc located?
Keys Empowers Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 812737275. It is classified under NTEE code P20.
How many years of IRS 990 filings does Keys Empowers Inc have?
Keys Empowers Inc has 6 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 $2.0M in total revenue.
Filing History
IRS 990 filing history for Keys Empowers Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2016–2023), Keys Empowers Inc's revenue has grown by 14901.5%, moving from $18K to $2.7M. Total assets increased by 4834.5% over the same period, from $18K to $892K. Total functional expenses rose by 15607516.7%, from $12 to $1.9M. In its most recent filing year (2023), Keys Empowers Inc reported a surplus of $838K, with revenue exceeding expenses. The organization holds $54K in liabilities against $892K in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $838K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $1.9M | $892K | $54K | — | — |
| 2020 | $655K | $367K | $321K | $8K | — | View 990 |
| 2019 | $195K | $163K | $49K | $23K | — | View 990 |
| 2018 | $107K | $178K | $0 | $7K | — | View 990 |
| 2017 | $46K | $0 | $64K | $0 | — | View 990 |
| 2016 | $18K | $12 | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $1.9M, and assets of $892K (revenue +313.7% year-over-year).
- 2020: Revenue of $655K, expenses of $367K, and assets of $321K (revenue +235.3% year-over-year).
- 2019: Revenue of $195K, expenses of $163K, and assets of $49K (revenue +82.8% year-over-year).
- 2018: Revenue of $107K, expenses of $178K, and assets of $0 (revenue +130.3% year-over-year).
- 2017: Revenue of $46K, expenses of $0, and assets of $64K (revenue +156.9% year-over-year).
- 2016: Revenue of $18K, expenses of $12, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keys Empowers Inc:
Data Sources and Methodology
This transparency report for Keys Empowers 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.