Keyspan Corporation Life Insurance Master Tr For Management Employees
Keyspan Corporation Life Insurance Master Tr shows highly volatile revenue but consistent 0% officer compensation.
EIN: 133913427 · Pittsburgh, PA · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $47.2M |
| Total Expenses | $5.7M |
| Program Spending | 85% |
| Net Assets | $92.7M |
| Transparency Score | 75/100 |
Is Keyspan Corporation Life Insurance Master Tr For Management Employees Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Keyspan Corporation Life Insurance Master Tr For Management Employees directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Keyspan Corporation Life Insurance Master Tr For Management Employees
Keyspan Corporation Life Insurance Master Tr For Management Employees (EIN: 133913427) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code Y43. The organization reported total revenue of $47.2M and total assets of $97.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keyspan Corporation Life Insurance Master Tr For Management Employees's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keyspan Corporation Life Insurance Master Tr For Management Employees is a large nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 37.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47.7M |
| Total Expenses | $5.7M |
| Surplus / Deficit | +$42.0M |
| Total Assets | $95.2M |
| Total Liabilities | $2.6M |
| Net Assets | $92.7M |
| Operating Margin | 88.0% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 199.5 months |
Financial Health Grade: A
In 2023, Keyspan Corporation Life Insurance Master Tr For Management Employees reported a surplus of $42.0M with revenue exceeding expenses, holds 199.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Keyspan Corporation Life Insurance Master Tr For Management Employees's revenue has grown at a compound annual growth rate (CAGR) of 37.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2810.9% | +84.7% | +445.7% |
| 2022 | -60.7% | -12.4% | -7.7% |
| 2021 | +10.6% | +18.2% | +3.4% |
| 2020 | +3708.5% | -4.3% | +4.5% |
| 2019 | -96.8% | +1.4% | -14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Keyspan Corporation Life Insurance Master Tr For Management Employees with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Keyspan Corporation Life Insurance Master Tr For Management Employees allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. 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:
- The organization reported a surplus of $42.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officer compensation is paid, which is highly favorable 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 Keyspan Corporation Life Insurance Master Tr For Management Employees's IRS 990 filings:
- Highly volatile revenue, making financial forecasting difficult.
- Lack of detailed program spending breakdown in available data.
Strengths
The following positive indicators were identified for Keyspan Corporation Life Insurance Master Tr For Management Employees:
- Consistent 0% officer compensation across all filings.
- Strong asset base relative to liabilities ($97,276,446 assets vs. $2,554,752 liabilities in 2023).
- Significant increase in assets from 2022 to 2023.
Frequently Asked Questions about Keyspan Corporation Life Insurance Master Tr For Management Employees
Is Keyspan Corporation Life Insurance Master Tr For Management Employees a legitimate charity?
Based on AI analysis of IRS 990 filings, Keyspan Corporation Life Insurance Master Tr For Management Employees (EIN: 133913427) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Keyspan Corporation Life Insurance Master Tr For Management Employees spend its money?
Keyspan Corporation Life Insurance Master Tr For Management Employees directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Keyspan Corporation Life Insurance Master Tr For Management Employees tax-deductible?
Keyspan Corporation Life Insurance Master Tr For Management Employees is registered as a tax-exempt nonprofit (EIN: 133913427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Keyspan Corporation Life Insurance Master Tr For Management Employees compare to similar nonprofits?
With a transparency score of 75/100 (Good), Keyspan Corporation Life Insurance Master Tr For Management Employees is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Keyspan Corporation Life Insurance Master Tr For Management Employees located?
Keyspan Corporation Life Insurance Master Tr For Management Employees is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 133913427. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Keyspan Corporation Life Insurance Master Tr For Management Employees have?
Keyspan Corporation Life Insurance Master Tr For Management Employees 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 $47.2M in total revenue.
What specific employee welfare programs does Keyspan Corporation Life Insurance Master Tr support?
The NTEE code Y43 indicates it's an Employee Welfare Organization, but the filings do not detail the specific programs or benefits provided to management employees.
What caused the significant revenue increase from $1,639,015 in 2022 to $47,710,027 in 2023?
The IRS 990 data alone does not specify the source of this dramatic revenue fluctuation, which could be due to investment gains, specific trust distributions, or other financial events.
How are the substantial assets of $97,276,446 managed and invested?
The filings indicate a large asset base, but do not provide details on the investment strategies or management of these assets.
Filing History
IRS 990 filing history for Keyspan Corporation Life Insurance Master Tr For Management Employees showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Keyspan Corporation Life Insurance Master Tr For Management Employees's revenue has grown by 4643.4%, moving from $1.0M to $47.7M. Total assets increased by 368.2% over the same period, from $20.3M to $95.2M. Total functional expenses rose by 157.3%, from $2.2M to $5.7M. In its most recent filing year (2023), Keyspan Corporation Life Insurance Master Tr For Management Employees reported a surplus of $42.0M, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $95.2M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $92.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47.7M | $5.7M | $95.2M | $2.6M | — | — |
| 2022 | $1.6M | $3.1M | $17.4M | $14K | — | View 990 |
| 2021 | $4.2M | $3.5M | $18.9M | $3K | — | View 990 |
| 2020 | $3.8M | $3.0M | $18.3M | $6K | — | View 990 |
| 2019 | $99K | $3.1M | $17.5M | $36 | — | View 990 |
| 2018 | $3.1M | $3.1M | $20.5M | $6K | — | View 990 |
| 2017 | $6.1M | $3.2M | $20.5M | $5K | — | View 990 |
| 2016 | $3.1M | $2.7M | $17.6M | $0 | — | View 990 |
| 2015 | $2.6M | $233K | $17.3M | $15K | — | View 990 |
| 2014 | $3.1M | $1.8M | $14.9M | $4K | — | View 990 |
| 2013 | $836K | $5.4M | $21.4M | $7.7M | — | View 990 |
| 2012 | $1.3M | $3.4M | $18.3M | $9K | — | View 990 |
| 2011 | $1.0M | $2.2M | $20.3M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47.7M, expenses of $5.7M, and assets of $95.2M (revenue +2810.9% year-over-year).
- 2022: Revenue of $1.6M, expenses of $3.1M, and assets of $17.4M (revenue -60.7% year-over-year).
- 2021: Revenue of $4.2M, expenses of $3.5M, and assets of $18.9M (revenue +10.6% year-over-year).
- 2020: Revenue of $3.8M, expenses of $3.0M, and assets of $18.3M (revenue +3708.5% year-over-year).
- 2019: Revenue of $99K, expenses of $3.1M, and assets of $17.5M (revenue -96.8% year-over-year).
- 2018: Revenue of $3.1M, expenses of $3.1M, and assets of $20.5M (revenue -49.8% year-over-year).
- 2017: Revenue of $6.1M, expenses of $3.2M, and assets of $20.5M (revenue +99.6% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.7M, and assets of $17.6M (revenue +17.8% year-over-year).
- 2015: Revenue of $2.6M, expenses of $233K, and assets of $17.3M (revenue -15.8% year-over-year).
- 2014: Revenue of $3.1M, expenses of $1.8M, and assets of $14.9M (revenue +269.7% year-over-year).
- 2013: Revenue of $836K, expenses of $5.4M, and assets of $21.4M (revenue -37.2% year-over-year).
- 2012: Revenue of $1.3M, expenses of $3.4M, and assets of $18.3M (revenue +32.4% year-over-year).
- 2011: Revenue of $1.0M, expenses of $2.2M, and assets of $20.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keyspan Corporation Life Insurance Master Tr For Management Employees:
Data Sources and Methodology
This transparency report for Keyspan Corporation Life Insurance Master Tr For Management Employees 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.