Key Food Stores Foundation Inc
- Assets
- $848.1k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Matawan, NJ
- Founding
- 03/1964
- Data as of
- 08/2021
- 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 08/2021, Key Food Stores Foundation Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $1.1m during the year ending 08/2021. While expenses have increased by 12.8% per year over the past 6 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 177 individual grants totaling $5,547,755. 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 | |
George Knobloch Director/treasurer/secreta | 0.5 | $0 | |
Lawrence Mandel Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $793,650 |
| 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 | $359,600 |
| Total Revenue | $1,153,250 |
| 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 | $193,622 |
| Total operating and administrative expenses | $207,122 |
| Contributions, gifts, grants paid | $863,600 |
| Total expenses and disbursements | $1,070,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $819,958 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $28,121 |
| 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 | $848,079 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Key Food Stores Foundation Inc has awarded $863,600 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
RANCHEROS UNIDOS FD INC PURPOSE: CHARITABLE | $607,400 |
New York, NY PURPOSE: CHARITABLE | $100,000 |
Bear, DE PURPOSE: CHARITABLE | $57,700 |
Dallas, TX PURPOSE: CHARITABLE | $30,000 |
THE SCHOLARSHIP FOUNDATION OF THE NSA INC PURPOSE: CHARITABLE | $23,000 |
Philadelphia, PA PURPOSE: CHARITABLE | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Key Food Stores Foundation Inc has recieved totaling $7,800.
| Awarding Organization | Amount |
|---|---|
United Food & Commercial Workers Union Westbury, NY | | $7,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Louis August Jonas Foundation Inc Rhinebeck, NY | $11,859,352 | $1,408,816 |
Montclair Hockey Club Inc Upper Montclair, NJ | $628,892 | $1,280,540 |
Key Food Stores Foundation Inc Matawan, NJ | $848,079 | $1,153,250 |
East New York Urban Youth Corps Hdfc Brooklyn, NY | $13,757 | $815,475 |
Need In Deed Philadelphia, PA | $1,174,484 | $716,384 |
Rockaway Youth Task Force Inc Far Rockaway, NY | $381,574 | $541,463 |
The Jockey Club Safety Net Foundation New York, NY | $15,871,987 | $1,806,382 |
Nj District Of Key Club International Summit, NJ | $171,225 | $260,822 |
Optimist International Gilbertsville, PA | $62,566 | $220,879 |
Garden Of Eden Foundation New York, NY | $114,252 | $299,075 |
Northeastern Pennsylvania Youth Shelter Dba Nepa Youth Shelter Dunmore, PA | $265,207 | $229,025 |
Flower City Outreach Inc Penfield, NY | $94,550 | $0 |