Kenya Keys FY2020 filing

Tax-deductible

Lake Grove, OR501(c)(3)EducationEIN 27-1907027

Kenya Keys is a vibrant example that individuals can make a big difference. Theorganization was founded in 2005 by Rinda Hayes, of Lake Oswego, Oregon andJoseph Mwengea, of Taru, Kenya.Kenya Keys Mission Statement:Kenya Keys bridges two cultures, becoming a catalyst for education andleadership development where opportunities are few and potential abounds.Kenya Keys is a 501(c)3 nonprofit organization. All donations to Kenya Keys aretax deductible.Our work is guided by these hallmarks of belief:-Education is the most important tool we can use against the ravages ofpoverty.-Volunteerism is crucial to success. An organization run by volunteersremains vital, dynamic, and free of corruption. It also connects people asglobal citizens in a meaningful way.-Cultural exchange and exposure is vitally enriching for Americans as wellas Africans.-There should be no giving of things that run out or wear out. Such givingonly increases dependency, invites discontent, and isolates the givers fromthe rec

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $55K a year · 7% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
18 mo
of spending, in cash
Looks good: 18.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $900
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$16K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 10 voting members
Looks good: 9 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$680K
Spent
$431K
To programs
77%
Net assets
$634K
By yearFY2020–FY2024
Revenue
$680K
FY2020
Revenue by fiscal year
FY2020$680K
FY2021$700K
FY2022$845K
FY2023$810K
FY2024$820K
Expenses
$431K
FY2020
Expenses by fiscal year
FY2020$431K
FY2021$597K
FY2022$704K
FY2023$917K
FY2024$931K
Net assets
$634K
FY2020
Net assets by fiscal year
FY2020$634K
FY2021$736K
FY2022$878K
FY2023$771K
FY2024$645K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CKenya Keys
EINHdr · item D27-1907027
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 2010
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CLake Grove, OR
NTEE classificationIRS BMFEducation (B82)
WebsiteHdr · item Jwww.kenyakeys.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.21 Fundraising $0.02
Program services77%$333K
Management & general21%$90K
Fundraising2%$9K
Total functional expensesLn 25$431K

Financial health

Is it on solid ground?

Program efficiency
77%
of spending reaches programs
Operating runway
18.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+37%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$650K
FY2020
Total assets by fiscal year
FY2020$650K
FY2021$740K
FY2022$881K
FY2023$780K
FY2024$649K
Total liabilities
$16K
FY2020
Total liabilities by fiscal year
FY2020$16K
FY2021$4K
FY2022$3K
FY2023$9K
FY2024$3K
Revenue less expensesPt I · Ln 19$248K
Total assetsPt X · Ln 16$650K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1$650K
Total assetsLn 16$650K
Total liabilitiesLn 26$16K
Total net assetsLn 32$634K
Months of cash on handcomputed18.1

Statement of Revenue

Part VIII
Contributions & grants100%$680K
Total revenueLn 12$680K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $650K · Operating expenses/yr $431K
18.1 months
Where the money goes
Program services
Program services $333K · Total expenses $431K
77%
Management & General
Management & general $90K · Total expenses $431K
21%
Fundraising
Fundraising $9K · Total expenses $431K
2%
Cost to raise $1
Fundraising expense $9K · Solicited contributions $680K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $680K · Total revenue $680K
100%
Government reliance
Government grants — · Total revenue $680K
—
Earned-income share
Program service revenue $0 · Total revenue $680K
0%
Investment reliance
Investment income $0 · Total revenue $680K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $431K
0%
Growth & trend
Revenue growth (YoY)
This year $680K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $634K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $680K · Expenses $431K
+37%
Liabilities-to-Assets
Total liabilities — · Total assets $650K
—
Net-asset ratio
Net assets $634K · Total assets $650K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $650K
0%
People & payroll
Highest Reported Total Compensation
Individual Rinda Hayes · Reported title President · Highest reported compensation $0 · Total expenses $431K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $62K · Total expenses $431K
14%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%——
Overhead ratio 21%——
Fundraising cost ratio 1%——
Investment management fee ratio 0%——
Legal fee ratio 0.03%——
Accounting fee ratio 0.8%——
Fundraising fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
In-Country Dire
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Mark Friess’s $50K as Executive Dir. is at the 41st percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022
Mark Friess$49,999$65,833$50,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 10Voting board membersPt VI · Ln 1a
  • 9Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Empowers Kenyan youth through education and leadership development, bridging cultures and creating opportunities.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $333K of program spending, described in the organization's own filed words · FY2020.
01

Student Sponsorship Program

The goal of the student sponsorship program is to provide school fees for Kenyan children to attend secondary and post-secondary school through connection with sponsors in developed nations. This program is the backbone of the organization. In 2020, there were some extreme challenges presented due to Covid 19.

$167Kprogram expense
02

Infrastructure Program

The goal of the Infrastructure Program is to further the impact of our educational activities by providing facilities and facility enhancements. In 2020, despite the challenges of Covid, Kenya Keys was able to begin construction on a dormitory for MacKinnon Girls school.

$108Kprogram expense
03

Education Support Programs

Kenya Keys has established multiple programs in Kenya to support the education and development of students beyond the basic sponsorship component. These include the development of libraries and distribution of books through our Library Program, providing extra support for at-risk girls through our Girl Empowerment Program, supporting…

$58Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$900

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $820K$931K+1% 990 PDF
FY2023 $810K$917K-4% 990 PDF
FY2022 $845K$704K+21% 990 PDF
FY2021 $700K$597K+3% 990 PDF
FY2020 Viewing $680K$431K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2020

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $431,434 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipientsPrograms $318,071$318,071
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $57,229$57,229
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesManagement $4,382$4,382
IX-11a Management fees$0
IX-11b Legal feesManagement $135$135
IX-11c Accounting feesManagement $3,356$3,356
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $8,500$8,500
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $3,000$3,000
IX-12 Advertising and promotionPrograms $769 · Management $674 · Fundraising $491$1,934
IX-13 Office expenses$0
IX-14 Information technologyPrograms $2,042 · Management $9,822$11,864
IX-15 Royalties$0
IX-16 OccupancyPrograms $5,400 · Management $480 · Fundraising $120$6,000
IX-17 TravelPrograms $1,489 · Management $2,015 · Fundraising $20$3,524
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $3,678 · Management $7,332 · Fundraising $31$11,041
IX-24e All other expensesPrograms $1,066 · Management $1,286 · Fundraising $46$2,398
IX-25 Total functional expensesPrograms $332,515 · Management $89,711 · Fundraising $9,208$431,434

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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