Kenya Keys
- Assets
- $880.6k
- Revenue
- $845.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Lake Oswego, OR
- Founding
- 09/2010
- Data as of
- 12/2022
- EIN
- 27-1907027
Organization Overview
Kenya Keys is located in Lake Oswego, OR. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2022, Kenya Keys employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kenya Keys 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 12/2022, Kenya Keys generated $845.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $704.0k during the year ending 12/2022. While expenses have increased by 14.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO HELP HIGH SCHOOL AND COLLEGE STUDENTS IN RURAL KENYA REALIZE THEIR POTENTIAL THROUGH EDUCATION AND EXPERIENCES THAT LEAD TO SELF-RELIANCE AND GENERATIONAL CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORSHIP AND EDUCATION SUPPORTS: BY PAIRING STUDENTS WITH 297 SPONSORS IN DEVELOPED NATIONS, WE PROVIDED SPONSORSHIPS FOR 454 STUDENTS. COVID 19S IMPACT RESULTED IN A 4TH TERM IN 2022, INCREASING ANNUAL TUITION EXPENSES. WE HELD CONFERENCES WITH AND PROVIDED MENTORING TO ALL SPONSORED STUDENTS AND MATCHED 74 GRADUATING HS STUDENTS TO INTERNSHIPS. WE ASSISTED 300 AT-RISK STUDENTS WITH FOOD, CLOTHING, TRANSPORTATION, AND HOUSING. WE SUPPORTED 33 SPECIAL ED STUDENTS. WE HELPED 78 ADULTS PREPARE FOR THEIR GED TESTING. WE MENTORED 450 FIFTH THROUGH EIGHTH GRADE STUDENTS. WE FULLY FUND A FULL-TIME LIBRARY AND LIBRARIAN IN TARU, KENYA, VISITED BY HUNDREDS OF COMMUNITY MEMBERS AND STUDENTS.
PROGRAM OPERATIONS: INCLUDED IN GRANTS TO KENYA NGO FOREIGN AFFILIATE ARE EXPENSES FOR 9 PROGRAM STAFF, CAPACITY-BUILDING, NGO EXECUTIVE DIRECTOR AND 1 ACCOUNTING STAFF, OFFICE, EQUIPMENT, AND BUILDING MAINTENANCE.
THE KK NGO OPERATION PROGRAM: STIPEND PAID TO FOREIGN AFFILIATE TO ASSIST WITH SALARIES, RENT, UTILITIES, TRANSPORTATION, PHONES AND OTHER ADMINISTRATIVE OVERHEAD FOR THEIR HEADQUARTERS IN TARU, KENYA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Friess Executive Dir. | Trustee | 40 | $50,000 |
Rinda Hayes Director | Trustee | 40 | $0 |
J Brent Hayes Director | Trustee | 40 | $0 |
Dave Mcculloch Director | Trustee | 1 | $0 |
Micah Stolowitz Director | Trustee | 1 | $0 |
Linda Allen Director | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $845,276 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $845,276 |
| Total Program Service Revenue | $0 |
| Investment income | $123 |
| 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 | $845,399 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $475,759 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,000 |
| Compensation of current officers, directors, key employees. | $10,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,782 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,581 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $655 |
| Fees for services: Accounting | $2,406 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $460 |
| Advertising and promotion | $0 |
| Office expenses | $75 |
| Information technology | $8,126 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $4,369 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $9,803 |
| Total functional expenses | $704,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $875,575 |
| Savings and temporary cash investments | $5,000 |
| 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 | $880,575 |
| 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 | $2,797 |
| Total liabilities | $2,797 |
| 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 | $877,778 |
| Total liabilities and net assets/fund balances | $880,575 |