Keystone Development Partnership
Keystone Development Partnership maintains healthy assets and reports no officer compensation across all filings.
EIN: 201116318 · Harrisburg, PA · NTEE: J22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $953K |
| Total Expenses | $664K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $952,699 |
| Net Assets | $604K |
| Transparency Score | 85/100 |
Is Keystone Development Partnership Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Keystone Development Partnership directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Keystone Development Partnership
Keystone Development Partnership (EIN: 201116318) is a nonprofit organization based in Harrisburg, PA, classified under NTEE code J22. The organization reported total revenue of $953K and total assets of $736K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keystone Development Partnership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keystone Development Partnership is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $714K |
| Total Expenses | $664K |
| Surplus / Deficit | +$50K |
| Total Assets | $629K |
| Total Liabilities | $25K |
| Net Assets | $604K |
| Operating Margin | 7.0% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 11.4 months |
Financial Health Grade: A
In 2024, Keystone Development Partnership reported a surplus of $50K with revenue exceeding expenses, holds 11.4 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Keystone Development Partnership's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -6.4% | -10.9% | +2.5% |
| 2023 | -60.2% | -60.7% | -35.9% |
| 2022 | +67.0% | +90.3% | +78.0% |
| 2021 | +16.2% | +6.8% | -15.3% |
| 2020 | +58.4% | +52.1% | +90.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
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 Keystone Development Partnership with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Keystone Development Partnership allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size (latest revenue $952,699) and indicates that leadership may be volunteer-based or compensated through other means not classified as officer compensation, or that the organization has a very lean administrative structure.
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 Keystone Development Partnership's IRS 990 filings:
- Lack of detailed expense breakdown prevents full assessment of program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for Keystone Development Partnership:
- Consistent reporting of 0% officer compensation across all 13 filings, indicating strong financial stewardship and mission focus.
- Healthy asset-to-liability ratio, with assets of $628,920 against liabilities of $25,061 in 202406, demonstrating financial stability.
- Revenue generally exceeds expenses, contributing to asset growth over time.
- Long history of IRS 990 filings (13 filings) indicates consistent transparency and compliance.
Frequently Asked Questions about Keystone Development Partnership
Is Keystone Development Partnership a legitimate charity?
Keystone Development Partnership (EIN: 201116318) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $953K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Keystone Development Partnership spend its money?
Keystone Development Partnership directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Keystone Development Partnership tax-deductible?
Keystone Development Partnership is registered as a tax-exempt nonprofit (EIN: 201116318). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Keystone Development Partnership CEO make?
Keystone Development Partnership's highest-compensated officer earns $952,699 annually. The organization reported $953K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Keystone Development Partnership's spending goes to programs?
Keystone Development Partnership directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Keystone Development Partnership compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Keystone Development Partnership is above average for NTEE category J22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Keystone Development Partnership located?
Keystone Development Partnership is headquartered in Harrisburg, Pennsylvania and files with the IRS under EIN 201116318. It is classified under NTEE code J22.
How many years of IRS 990 filings does Keystone Development Partnership have?
Keystone Development Partnership 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 $953K in total revenue.
Is Keystone Development Partnership a good charity?
Based on the provided data, Keystone Development Partnership appears to be a financially sound organization with a strong commitment to transparency, evidenced by 13 years of filings and 0% officer compensation. Its healthy asset-to-liability ratio also suggests good financial management.
How does Keystone Development Partnership manage executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings. This suggests that executive leadership may be volunteer-based or compensated through non-officer roles, or that the organization operates with a very lean or alternative compensation structure for its top executives.
What is the trend in Keystone Development Partnership's revenue and expenses?
Keystone Development Partnership's revenue has fluctuated, with a peak of $1,916,734 in 202206, and has generally exceeded expenses, allowing for asset growth. For example, in 202406, revenue was $713,780 against expenses of $663,752.
Filing History
IRS 990 filing history for Keystone Development Partnership showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Keystone Development Partnership's revenue has declined by 20.5%, moving from $898K to $714K. Total assets increased by 49.9% over the same period, from $419K to $629K. Total functional expenses fell by 21.8%, from $849K to $664K. In its most recent filing year (2024), Keystone Development Partnership reported a surplus of $50K, with revenue exceeding expenses. The organization holds $25K in liabilities against $629K in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $604K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $714K | $664K | $629K | $25K | — | View 990 |
| 2023 | $763K | $745K | $614K | $60K | — | View 990 |
| 2022 | $1.9M | $1.9M | $957K | $421K | — | View 990 |
| 2021 | $1.1M | $995K | $538K | $24K | — | — |
| 2020 | $988K | $932K | $635K | $274K | — | View 990 |
| 2019 | $624K | $613K | $333K | $27K | — | View 990 |
| 2018 | $659K | $559K | $305K | $11K | — | View 990 |
| 2017 | $658K | $577K | $224K | $29K | — | View 990 |
| 2016 | $141K | $179K | $123K | $9K | — | View 990 |
| 2015 | $278K | $366K | $159K | $7K | — | View 990 |
| 2014 | $331K | $371K | $279K | $40K | — | View 990 |
| 2013 | $451K | $447K | $428K | $149K | — | View 990 |
| 2012 | $898K | $849K | $419K | $144K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $714K, expenses of $664K, and assets of $629K (revenue -6.4% year-over-year).
- 2023: Revenue of $763K, expenses of $745K, and assets of $614K (revenue -60.2% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.9M, and assets of $957K (revenue +67.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $995K, and assets of $538K (revenue +16.2% year-over-year).
- 2020: Revenue of $988K, expenses of $932K, and assets of $635K (revenue +58.4% year-over-year).
- 2019: Revenue of $624K, expenses of $613K, and assets of $333K (revenue -5.4% year-over-year).
- 2018: Revenue of $659K, expenses of $559K, and assets of $305K (revenue +0.1% year-over-year).
- 2017: Revenue of $658K, expenses of $577K, and assets of $224K (revenue +365.3% year-over-year).
- 2016: Revenue of $141K, expenses of $179K, and assets of $123K (revenue -49.2% year-over-year).
- 2015: Revenue of $278K, expenses of $366K, and assets of $159K (revenue -15.8% year-over-year).
- 2014: Revenue of $331K, expenses of $371K, and assets of $279K (revenue -26.7% year-over-year).
- 2013: Revenue of $451K, expenses of $447K, and assets of $428K (revenue -49.8% year-over-year).
- 2012: Revenue of $898K, expenses of $849K, and assets of $419K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keystone Development Partnership:
Data Sources and Methodology
This transparency report for Keystone Development Partnership 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.