Charles Humphrey Keating Iv Foundation
- Assets
- $11.8m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Coronado, CA
- Founding
- 09/2017
- Data as of
- 12/2022
- EIN
- 82-2075362
Organization Overview
Charles Humphrey Keating Iv Foundation, operating under the name Foundation, is located in Coronado, CA. The organization was established in 2017. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 12/2022, Foundation generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 55.0% each year . All expenses for the organization totaled $2.1m during the year ending 12/2022. 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
SUPPORT AND RESOURCES FOR ACTIVE DUTY NAVY SEALS AND THEIR FAMILIES. THE GOAL OF THE CHARLES HUMPHREY KEATING IV FOUNDATION IS TO RESEARCH, DEVELOP, AND IMPLEMENT EVIDENCE-BASED SOLUTIONS TO MAINTAIN FAMILY UNITY WHILE IMPROVING THE TRANSITION FROM FRONT LINES TO HOME FRONT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE REPORTING YEAR, THE ORGANIZATION FOCUSED ON SOLIDIFYING OUR MISSION STATEMENT AND DEVELOPING THE VARIOUS PROGRAMS AND SERVICES WE WILL OFFER IN THE COMING YEARS. OUR OBJECTIVE IS TO PRESERVE THE NAVY SEAL FAMILIES BY PROVIDING RELIEF OF THE UNIQUE STRESSORS OF NAVY SEAL LIFE AS INDICATED BY DECREASED PERCENTAGES OF DIVORCES, IMPROVED FAMILY RELATIONSHIPS, NUMBER OF FAMILY TO FAMILY REFERRALS TO OUR PROGRAM AND ATTENDEE SURVEYS AFTER OUR PROGAMS. WE AIM TO EMPHASIZE THE FACT THAT THE C4 FOUNDATIONS RETREAT'S OWN GROUNDS, CULTURE AND HISTORY WILL BE BUILT BY THE SEAL FAMILIES THEMSELVES. OUR PROGRAMS ARE NOT DESIGNED TO BE HANDED DOWN FROM A POSITION OF AUTHORITY AND IMPLEMENTED FROM A TOP-DOWN STRUCTURE WITH LECTURES AND KEYNOTES. RATHER, THE PROGRAM AND APPROACHES WILL BE BUILT ALONGSIDE THE SEAL FAMILIES TO ESTABLISH CULTURAL OWNERSHIP, ENTHUSIASTIC BUY-IN, LONG-LASTING HEALTH, AND HIGH PERFORMANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Humphrey Keating III President | OfficerTrustee | 60 | $187,500 |
Brooke Keating Vice President | OfficerTrustee | 20 | $32,803 |
Kent Mouton Treasurer/secretary | OfficerTrustee | 7.5 | $0 |
Robert Clark Director | Trustee | 0.5 | $0 |
Jennifer Cooper Director Of Programs | Trustee | 60 | $0 |
Christopher Clements Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,383,405 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,385,321 |
| Noncash contributions included in lines 1a–1f | $280,160 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,768,726 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,102 |
| Net Income from Fundraising Events | $279,927 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,042,551 |
| 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 | $3,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $220,303 |
| Compensation of current officers, directors, key employees. | $11,819 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,060 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,445 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,613 |
| Fees for services: Accounting | $74,206 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $424,395 |
| Advertising and promotion | $40,525 |
| Office expenses | $1,387 |
| Information technology | $50,796 |
| Royalties | $0 |
| Occupancy | $100,855 |
| Travel | $6,429 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,510 |
| Interest | $226,772 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $345,611 |
| Insurance | $56,793 |
| All other expenses | $62,955 |
| Total functional expenses | $2,063,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $918,083 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $62,981 |
| Accounts receivable, net | $250,000 |
| 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 | $10,426,032 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $142,092 |
| Other assets | $36,766 |
| Total assets | $11,835,954 |
| Accounts payable and accrued expenses | $161,003 |
| Grants payable | $0 |
| Deferred revenue | $19,074 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $985,666 |
| Secured mortgages and notes payable | $3,921,192 |
| Unsecured mortgages and notes payable | $510,000 |
| Other liabilities | $4,050 |
| Total liabilities | $5,600,985 |
| Net assets without donor restrictions | $6,234,969 |
| 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 | $11,835,954 |