The Key To Change
EIN: 474809104 · Seattle, WA · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $630K |
| Net Assets | $459K |
Is The Key To Change Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Key To Change
The Key To Change (EIN: 474809104) is a nonprofit organization based in Seattle, WA, classified under NTEE code A68. The organization reported total revenue of $1.0M and total assets of $813K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Key To Change's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Key To Change is a mid-size nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2024). Revenue has grown at a compound annual rate of 30.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $784K |
| Total Expenses | $630K |
| Surplus / Deficit | +$154K |
| Total Assets | $565K |
| Total Liabilities | $106K |
| Net Assets | $459K |
| Operating Margin | 19.7% |
| Debt-to-Asset Ratio | 18.8% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2024, The Key To Change reported a surplus of $154K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 18.8% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2024), The Key To Change's revenue has grown at a compound annual growth rate (CAGR) of 30.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +48.7% | +20.9% | +71.2% |
| 2023 | +6.5% | +30.0% | +20.0% |
| 2022 | +38.3% | +19.2% | +62.8% |
| 2021 | +52.7% | +112.8% | +14.9% |
| 2020 | +97.2% | +56.4% | +108.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Key To Change 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 The Key To Change 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $154K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.8%.
Frequently Asked Questions about The Key To Change
Is The Key To Change a legitimate charity?
Based on AI analysis of IRS 990 filings, The Key To Change (EIN: 474809104) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Key To Change spend its money?
Detailed spending breakdown data is not yet available for The Key To Change. Check back for updated IRS 990 analysis.
Are donations to The Key To Change tax-deductible?
The Key To Change is registered as a tax-exempt nonprofit (EIN: 474809104). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Key To Change located?
The Key To Change is headquartered in Seattle, Washington and files with the IRS under EIN 474809104. It is classified under NTEE code A68.
How many years of IRS 990 filings does The Key To Change have?
The Key To Change has 7 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for The Key To Change showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2024), The Key To Change's revenue has grown by 552.8%, moving from $120K to $784K. Total assets increased by 1022% over the same period, from $50K to $565K. Total functional expenses rose by 761.1%, from $73K to $630K. In its most recent filing year (2024), The Key To Change reported a surplus of $154K, with revenue exceeding expenses. The organization holds $106K in liabilities against $565K in assets (debt-to-asset ratio: 18.8%), resulting in net assets of $459K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $784K | $630K | $565K | $106K | — | — |
| 2023 | $527K | $521K | $330K | $70K | — | View 990 |
| 2022 | $495K | $400K | $275K | $27K | — | View 990 |
| 2021 | $358K | $336K | $169K | $0 | — | — |
| 2020 | $234K | $158K | $147K | $0 | — | View 990 |
| 2019 | $119K | $101K | $70K | $0 | — | View 990 |
| 2017 | $120K | $73K | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $784K, expenses of $630K, and assets of $565K (revenue +48.7% year-over-year).
- 2023: Revenue of $527K, expenses of $521K, and assets of $330K (revenue +6.5% year-over-year).
- 2022: Revenue of $495K, expenses of $400K, and assets of $275K (revenue +38.3% year-over-year).
- 2021: Revenue of $358K, expenses of $336K, and assets of $169K (revenue +52.7% year-over-year).
- 2020: Revenue of $234K, expenses of $158K, and assets of $147K (revenue +97.2% year-over-year).
- 2019: Revenue of $119K, expenses of $101K, and assets of $70K (revenue -1.0% year-over-year).
- 2017: Revenue of $120K, expenses of $73K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Key To Change:
Data Sources and Methodology
This transparency report for The Key To Change 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.