New York Key Club Foundation is located in Port Jervis, NY. The organization was established in 2016. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Key Club 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 03/2022, New York Key Club Foundation generated $47.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (28.2%) each year. All expenses for the organization totaled $52.0k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (27.1%) per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NOT FOR PROFIT ORGANIZATION PROMOTING YOUTH LEADERSHIP AND PHILANTHROPY IN THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
FURTHERED OUR YOUTH LEADERSHIP THRU TRAINING
FURTHERED OUR CHARITABLE AIMS THRU LOCAL YOUTH ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Goldstein Director | Trustee | 5 | $0 |
Michael Berthel Director | Trustee | 5 | $0 |
Jason Steiner Director/tre | Trustee | 5 | $0 |
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 | $1,203 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,203 |
Total Program Service Revenue | $0 |
Investment income | $2 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $3,344 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $47,619 |
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 | $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 | $0 |
Advertising and promotion | $0 |
Office expenses | $50 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $48,386 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $3,559 |
Total functional expenses | $51,995 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,430 |
Savings and temporary cash investments | $0 |
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 | $17,748 |
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 | $66,178 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $66,740 |
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 | $0 |
Total liabilities | $66,740 |
Net assets without donor restrictions | -$562 |
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 | $0 |
Total liabilities and net assets/fund balances | $66,178 |
Over the last fiscal year, we have identified 1 grants that New York Key Club Foundation has recieved totaling $0.
Awarding Organization | Amount |
---|---|
Kiwanis International Inc Glen Cove, NY PURPOSE: 1287 | $0 |
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Arab-American Family Support Center Inc Brooklyn, NY | $5,221,623 | $9,617,886 |
Ironbound Community Corporation Newark, NJ | $18,528,581 | $9,449,256 |
Asian Americans For Equality Inc New York, NY | $26,601,430 | $8,393,675 |
Greater Hartford Ridesharing Corporation Bloomfield, CT | $7,224,593 | $6,566,228 |
Creating Resources For Empowerment And Action Inc New York, NY | $14,539,110 | $8,895,948 |
Bishopric Of Public Ecumenical And Social Services-Usa Inc Cedar Grove, NJ | $30,614 | $4,826,885 |
Avodah The Jewish Service Corps Inc New York, NY | $2,569,454 | $4,032,872 |
Hunger Free America Inc New York, NY | $2,319,530 | $4,469,828 |
Duet Inc Boston, MA | $6,806,173 | $2,616,940 |