Kays Foundation
- Assets
- $680.2k
- Revenue
- $47.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- 10/2008
- Data as of
- 12/2023
- EIN
- 26-0487358
Organization Overview
Kays Foundation is located in Newark, DE. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kays Foundation 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 12/2023, Kays Foundation generated $47.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.8%) each year. All expenses for the organization totaled $55.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (16.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS FOUNDED TO FULFILL THE DREAM AND LAST WISH OF KAYLYN E. WARREN, WHO WAS DIAGNOSED WITH ACUTE LYMPHOBLASTIC LEUKEMIA IN OCTOBER OF 2005, TO HELP OTHER KIDS SUFFERING FROM CHILDHOOD CANCERS BY RAISING AWARENESS AND OPENING KAY'S KAMP - THE FIRST ONCOLOGY CAMP IN DELAWARE. FOR 15 YEARS, KAY'S KAMP PROVIDED A PLACE WHERE KIDS BATTLING CANCER AND THOSE IN REMISSION COULD EXPERIENCE A WEEK OF MEDICALLY SUPERVISED SUMMER CAMP AT NO CHARGE TO THEIR FAMILIES. TODAY, THE ORGANIZATION IS HELPING CHILDREN AFFECTED BY CANCER THROUGH CONTINUED MONETARY SUPPORT, GRANT OPPORTUNITIES FOR ONCOLOGY CAMPS, AND THROUGH THE KAY'S FOUNDATION SCHOLARSHIP PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLDING KAY'S KAMP FOR CHILDREN WITH CANCER FOR THE 14TH SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Warren President | OfficerTrustee | 10 | $0 |
William Warren Vice President | OfficerTrustee | 10 | $0 |
John Graser Treasurer | OfficerTrustee | 10 | $0 |
Catherine Hartman Secretary | OfficerTrustee | 10 | $0 |
Mike Klein Director | Trustee | 10 | $0 |
Andrew Warren Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,629 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,629 |
| Total Program Service Revenue | $0 |
| Investment income | $8,574 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,203 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,970 |
| Advertising and promotion | $225 |
| Office expenses | $863 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,828 |
| Travel | $775 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,652 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,437 |
| All other expenses | $0 |
| Total functional expenses | $55,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $344,828 |
| Savings and temporary cash investments | $335,410 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $680,238 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,169 |
| Total liabilities | $12,169 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $147,869 |
| Total liabilities and net assets/fund balances | $680,238 |