Key Food Stores Foundation Inc
- Assets
- $905.2k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Matawan, NJ
- Founding
- 03/1964
- Data as of
- 08/2022
- EIN
- 11-6035538
Organization Overview
Key Food Stores Foundation Inc is located in Matawan, NJ. The organization was established in 1964. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Key Food Stores Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Key Food Stores Foundation Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $1.1m during the year ending 08/2022. While expenses have increased by 11.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Key Food Stores Foundation Inc has awarded 182 individual grants totaling $5,675,005. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Janeway Director/president | 0.5 | $0 | |
Lawrence Mandel Director | 0.5 | $0 | |
George Knobloch Director/treasurer/secreta | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $778,295 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $351,338 |
| Total Revenue | $1,129,633 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $224,641 |
| Total operating and administrative expenses | $239,663 |
| Contributions, gifts, grants paid | $848,250 |
| Total expenses and disbursements | $1,087,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $905,174 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $905,174 |
| Accounts payable and accrued expenses | $15,375 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,375 |
Grants Awarded
Over the last fiscal year, Key Food Stores Foundation Inc has awarded $848,250 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ASSOCIATION FOR THE DEVELOPMENT OF CARRIZAL (APRODECA) PURPOSE: CHARITABLE | $2,000 |
CHAMINADE DEVELOPMENT FUND INC PURPOSE: CHARITABLE | $5,000 |
COMITE DEL DIVINO NINO PURPOSE: CHARITABLE | $6,500 |
ENDOMETRIOSIS FOUNDATION OF AMERICA INC PURPOSE: CHARITABLE | $50,000 |
FMI FOUNDATION PURPOSE: CHARITABLE | $10,000 |
FOUNDATION FOR FIGHTING BLINDNESS PURPOSE: CHARITABLE | $5,000 |