Mary K And Daniel M Kelly Foundation
Mary K And Daniel M Kelly Foundation consistently grows assets and maintains zero officer compensation.
EIN: 201826362 · Des Moines, IA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $691K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $11.3M |
| Transparency Score | 98/100 |
Is Mary K And Daniel M Kelly Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mary K And Daniel M Kelly Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mary K And Daniel M Kelly Foundation
Mary K And Daniel M Kelly Foundation (EIN: 201826362) is a nonprofit organization based in Des Moines, IA, classified under NTEE code T22. The organization reported total revenue of $2.7M and total assets of $11.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mary K And Daniel M Kelly Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mary K And Daniel M Kelly Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $691K |
| Surplus / Deficit | +$351K |
| Total Assets | $11.3M |
| Total Liabilities | $1 |
| Net Assets | $11.3M |
| Operating Margin | 33.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 197.1 months |
Financial Health Grade: A
In 2023, Mary K And Daniel M Kelly Foundation reported a surplus of $351K with revenue exceeding expenses, holds 197.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Mary K And Daniel M Kelly Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.3% | +1.0% | +3.5% |
| 2022 | -50.6% | +19.9% | +5.1% |
| 2021 | +234.8% | +49.4% | +22.7% |
| 2020 | -51.2% | -20.9% | +4.6% |
| 2019 | +281.9% | +110.1% | +109.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Mary K And Daniel M Kelly Foundation with a Mission Score of 98 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Mary K And Daniel M Kelly Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $351K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the foundation operates without paid officers or that any such roles are entirely volunteer-based, which is highly commendable for an organization of its size with over $11 million in assets.
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.
Strengths
The following positive indicators were identified for Mary K And Daniel M Kelly Foundation:
- Consistent asset growth, from $2.8M in 2011 to $11.3M in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Minimal liabilities, consistently reported as $1, reflecting strong financial stability.
- High program spending efficiency due to very low overhead.
- Consistent financial reporting and transparency through IRS 990 filings.
Frequently Asked Questions about Mary K And Daniel M Kelly Foundation
Is Mary K And Daniel M Kelly Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mary K And Daniel M Kelly Foundation (EIN: 201826362) appears legitimate. Mission Score: 98/100. 0 red flags identified, 5 strengths noted.
How does Mary K And Daniel M Kelly Foundation spend its money?
Mary K And Daniel M Kelly Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mary K And Daniel M Kelly Foundation tax-deductible?
Mary K And Daniel M Kelly Foundation is registered as a tax-exempt nonprofit (EIN: 201826362). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mary K And Daniel M Kelly Foundation CEO make?
Mary K And Daniel M Kelly Foundation's highest-compensated officer earns $11 annually. The organization reported $2.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Mary K And Daniel M Kelly Foundation compare to similar nonprofits?
With a transparency score of 98/100 (Excellent), Mary K And Daniel M Kelly Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mary K And Daniel M Kelly Foundation located?
Mary K And Daniel M Kelly Foundation is headquartered in Des Moines, Iowa and files with the IRS under EIN 201826362. It is classified under NTEE code T22.
How many years of IRS 990 filings does Mary K And Daniel M Kelly Foundation have?
Mary K And Daniel M Kelly Foundation 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 $2.7M in total revenue.
Is the Mary K And Daniel M Kelly Foundation a good charity?
Based on its financial data, the Mary K And Daniel M Kelly Foundation appears to be an excellent charity. It consistently reports 0% officer compensation, has minimal liabilities, and has steadily grown its assets from $2.8 million in 2011 to $11.3 million in 2023, indicating strong financial management and a focus on its mission.
How has the foundation's asset base changed over time?
The foundation's assets have shown remarkable growth, increasing from $2,819,016 in 2011 to $11,344,609 in 2023, demonstrating strong financial stewardship and investment performance.
What is the foundation's approach to administrative costs?
The foundation appears to have extremely low administrative costs, as evidenced by its consistent reporting of 0% officer compensation. This suggests a highly efficient operation with resources primarily directed towards program services.
Filing History
IRS 990 filing history for Mary K And Daniel M Kelly Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mary K And Daniel M Kelly Foundation's revenue has grown by 315.7%, moving from $251K to $1.0M. Total assets increased by 302.4% over the same period, from $2.8M to $11.3M. Total functional expenses rose by 416.6%, from $134K to $691K. In its most recent filing year (2023), Mary K And Daniel M Kelly Foundation reported a surplus of $351K, with revenue exceeding expenses. The organization holds $1 in liabilities against $11.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $691K | $11.3M | $1 | — | — |
| 2022 | $1.2M | $684K | $11.0M | $1 | — | View 990 |
| 2021 | $2.5M | $570K | $10.4M | $1 | — | View 990 |
| 2020 | $752K | $382K | $8.5M | $1 | — | View 990 |
| 2019 | $1.5M | $483K | $8.1M | $0 | — | View 990 |
| 2015 | $404K | $230K | $3.9M | $1 | — | View 990 |
| 2014 | $406K | $202K | $3.7M | $1 | — | View 990 |
| 2013 | $656K | $214K | $3.5M | $1 | — | View 990 |
| 2012 | $379K | $134K | $3.1M | $1 | — | View 990 |
| 2011 | $251K | $134K | $2.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $691K, and assets of $11.3M (revenue -16.3% year-over-year).
- 2022: Revenue of $1.2M, expenses of $684K, and assets of $11.0M (revenue -50.6% year-over-year).
- 2021: Revenue of $2.5M, expenses of $570K, and assets of $10.4M (revenue +234.8% year-over-year).
- 2020: Revenue of $752K, expenses of $382K, and assets of $8.5M (revenue -51.2% year-over-year).
- 2019: Revenue of $1.5M, expenses of $483K, and assets of $8.1M (revenue +281.9% year-over-year).
- 2015: Revenue of $404K, expenses of $230K, and assets of $3.9M (revenue -0.6% year-over-year).
- 2014: Revenue of $406K, expenses of $202K, and assets of $3.7M (revenue -38.1% year-over-year).
- 2013: Revenue of $656K, expenses of $214K, and assets of $3.5M (revenue +73.0% year-over-year).
- 2012: Revenue of $379K, expenses of $134K, and assets of $3.1M (revenue +51.3% year-over-year).
- 2011: Revenue of $251K, expenses of $134K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mary K And Daniel M Kelly Foundation:
Data Sources and Methodology
This transparency report for Mary K And Daniel M Kelly Foundation 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.