Keystone Development Llc
EIN: 463332662 · Johnson City, TN · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $924K |
| Total Expenses | $440K |
| Net Assets | $4.5M |
Is Keystone Development Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Keystone Development Llc
Keystone Development Llc (EIN: 463332662) is a nonprofit organization based in Johnson City, TN, classified under NTEE code L21. The organization reported total revenue of $924K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keystone Development Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keystone Development Llc is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $606K |
| Total Expenses | $440K |
| Surplus / Deficit | +$166K |
| Total Assets | $4.7M |
| Total Liabilities | $271K |
| Net Assets | $4.5M |
| Operating Margin | 27.4% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 129.0 months |
Financial Health Grade: A
In 2023, Keystone Development Llc reported a surplus of $166K with revenue exceeding expenses, holds 129.0 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Keystone Development Llc's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.5% | +75.1% | +1.6% |
| 2022 | -7.2% | -20.4% | +5.2% |
| 2021 | -37.5% | -79.2% | +52.6% |
| 2020 | +7.3% | +1013.1% | -17.4% |
| 2019 | +584.2% | -6.4% | +34.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Keystone Development Llc 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 Keystone Development Llc 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 $166K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.7%.
Frequently Asked Questions about Keystone Development Llc
Is Keystone Development Llc a legitimate charity?
Keystone Development Llc (EIN: 463332662) is a registered tax-exempt nonprofit based in Tennessee. It has 10 years of IRS 990 filings on record. Total revenue: $924K. No red flags identified. Financial health grade: A.
How does Keystone Development Llc spend its money?
Keystone Development Llc reported $924K 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 Keystone Development Llc tax-deductible?
Keystone Development Llc is registered as a tax-exempt nonprofit (EIN: 463332662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Keystone Development Llc located?
Keystone Development Llc is headquartered in Johnson City, Tennessee and files with the IRS under EIN 463332662. It is classified under NTEE code L21.
How many years of IRS 990 filings does Keystone Development Llc have?
Keystone Development Llc 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 $924K in total revenue.
Filing History
IRS 990 filing history for Keystone Development Llc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Keystone Development Llc's revenue has declined by 12.2%, moving from $690K to $606K. Total assets increased by 663.9% over the same period, from $619K to $4.7M. Total functional expenses rose by 513%, from $72K to $440K. In its most recent filing year (2023), Keystone Development Llc reported a surplus of $166K, with revenue exceeding expenses. The organization holds $271K in liabilities against $4.7M in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $606K | $440K | $4.7M | $271K | — | — |
| 2022 | $491K | $251K | $4.7M | $365K | — | View 990 |
| 2021 | $529K | $315K | $4.4M | $300K | — | View 990 |
| 2020 | $846K | $1.5M | $2.9M | $319K | — | View 990 |
| 2019 | $789K | $136K | $3.5M | $258K | — | View 990 |
| 2018 | $115K | $146K | $2.6M | $12K | — | View 990 |
| 2017 | $285K | $156K | $2.6M | $13K | — | View 990 |
| 2016 | $1.2M | $80K | $2.5M | $32K | — | View 990 |
| 2015 | $775K | $45K | $1.6M | $247K | — | View 990 |
| 2014 | $690K | $72K | $619K | $121 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $606K, expenses of $440K, and assets of $4.7M (revenue +23.5% year-over-year).
- 2022: Revenue of $491K, expenses of $251K, and assets of $4.7M (revenue -7.2% year-over-year).
- 2021: Revenue of $529K, expenses of $315K, and assets of $4.4M (revenue -37.5% year-over-year).
- 2020: Revenue of $846K, expenses of $1.5M, and assets of $2.9M (revenue +7.3% year-over-year).
- 2019: Revenue of $789K, expenses of $136K, and assets of $3.5M (revenue +584.2% year-over-year).
- 2018: Revenue of $115K, expenses of $146K, and assets of $2.6M (revenue -59.6% year-over-year).
- 2017: Revenue of $285K, expenses of $156K, and assets of $2.6M (revenue -76.8% year-over-year).
- 2016: Revenue of $1.2M, expenses of $80K, and assets of $2.5M (revenue +58.7% year-over-year).
- 2015: Revenue of $775K, expenses of $45K, and assets of $1.6M (revenue +12.2% year-over-year).
- 2014: Revenue of $690K, expenses of $72K, and assets of $619K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keystone Development Llc:
Data Sources and Methodology
This transparency report for Keystone Development Llc 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.