Key Assets Foundation Inc
- Assets
- $19.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 07/2014
- Data as of
- 12/2018
- EIN
- 46-3541566
Organization Overview
Key Assets Foundation Inc is located in Lexington, KY. The organization was established in 2014. 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. Key Assets 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 12/2018, Key Assets Foundation Inc generated $3.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (57.4%) each year. All expenses for the organization totaled $5.5k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (56.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CREATED A PROGRAM CALLED OPPORTUNITIES TO PARTICIPATE AND TRANSFORM (OPT). THROUGH OPT KEY SERVICES WILL INVITE THE PEOPLE WITH POST TRAUMATIC OR DEVELOPMENTAL/INTELLECTUAL DISABILITIES WITH A VARIETY OF INTERPERSONAL OR BEHAVIORAL ISSUES TO BE INTRODUCED INTO A VALUABLE ROLE IN THEIR COMMUNITY BY ATTENDING INTEGRATED WORK READINESS TRAINING WITH COMMUNITY PARTNERS TO INCLUDE EMPLOYERS AND COMMUNITY COLLEGES. THE GOAL IN THIS PARTNERSHIP IS TO INCREASE THE INDIVIDUAL'S ABILITY TO BE INCLUDED IN COMMUNITY LIFE AS A STUDENT AND POTENTIALLY ACCEPTED AS A FUTURE STUDENT OR EMPLOYEE AND TO DEVELOP EMPLOYMENT RELATED SKILLS AND OPPORTUNITIES TO FACILITATE EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bart Baldwin Director | 1 | $0 | |
Peter Brown Director | 1 | $0 | |
Joy Kelleher Director | 1 | $0 | |
Jennifer Hall President | 1 | $0 | |
Lisa Robbins Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,616 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,616 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,291 |
| Total expenses | $5,541 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,201 |
| Other assets | $0 |
| Total assets | $19,418 |
| Total liabilities | $113,932 |
| Net assets or fund balances | -$94,514 |
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Southtown Youth Program Center Mount Vernon, IL | $12,643 | $279,300 |
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