Key Concepts INC EIN 27-4100877

Key Concepts INC

Not yet claimed Claim this org →

Trains future leaders to serve communities as humanitarian goodwill ambassadors. For fiscal year 2024 it reported $531K in revenue, $474K in expenses, and $407K in net assets.Pt I

Type
Public charity (501(c)(3)) · Public & Societal Benefit
Location
Fort Wayne, IN
Website
keyconceptsint.org
Filings
5 on file (2020–2024)
Revenue
$531KFY2024
Expenses
$474K
Net assets
$407K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-4100877 Public charity (501(c)(3)) Fort Wayne, IN
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Key Concepts INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Trains future leaders to serve communities as humanitarian goodwill ambassadors.
Leadership
Chris Adams · Secretary
Money in and out
$531K revenue, $474K expenses
Bottom line
87% program efficiency
Where the money goes · FY2024
Total revenue
$531K
Pt VIII · Ln 12
Total expenses
$474K
Pt IX · Ln 25
Net assets
$407K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $57K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.12 Fundraising $0.01
Program efficiency
87%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
10.9mo
months of highly liquid reserves at operating expense rate▲ +31% vs prior filing year
Surplus margin
+11%
revenue over expenses, this year▲ ×20 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$531K
FY2024▲ +5%
Expenses
$474K
FY2024▼ -7%
Total assets
$430K
FY2024▲ +22%
Total liabilities
$23K
FY2024▲ +695%
Total revenue
$531K
Pt VIII · Ln 12
Total expenses
$474K
Pt IX · Ln 25
Net assets
$407K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$57K
Total assetsPt X · Ln 16$430K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $413K of program spending, described in the organization's own filed words · FY2024.
01

Leadership Development Training

Our staff includes personnel located in the united states and abroad that recruit, train, equip, enable and nurture national leaders. In 2024, we supported 6 instructors conducting leadership training in france, egypt, indonesia, israel, malaysia and turkey.

$413Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKey Concepts INC
EINHdr · item D27-4100877
Principal addressHdr · item CFort Wayne, IN
WebsiteHdr · item Jkeyconceptsint.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W70)
Ruling yearIRS BMFFeb 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Key Concepts INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$525K · 99%
Investment income$6K · 1%
Contributions & grants99%$525K
Investment income1%$6K
Total revenueLn 12$531K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.12 Fundraising $0.01
Program services87%$413K
Management & general12%$56K
Fundraising1%$5K
Total functional expensesLn 25$474K

Balance Sheet

Part X · end of year
CashLn 1$430K
Total assetsLn 16$430K
Total liabilitiesLn 26$23K
Total net assetsLn 32$407K
Months of cash on handcomputed10.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $430K · Operating expenses/yr $474K
10.9 months
Where the money goes
Program services
Program services $413K · Total expenses $474K
87%
Management & General
Management & general $56K · Total expenses $474K
12%
Fundraising
Fundraising $5K · Total expenses $474K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $11K · Solicited contributions (3-yr avg) $541K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $525K · Total revenue $531K
99%
Government reliance
Government grants — · Total revenue $531K
Earned-income share
Program service revenue $0 · Total revenue $531K
0%
Investment reliance
Investment income $6K · Total revenue $531K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $474K
0%
Growth & trend
Revenue growth (YoY)
This year $531K · Prior year $507K
+5%
Revenue CAGR
FY2020 $493K · FY2024 $531K
+2%
Net-asset trend (YoY)
End of year $407K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $531K · Expenses $474K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $430K
Net-asset ratio
Net assets $407K · Total assets $430K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $430K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Chris Adams · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $474K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $280K · Total expenses $474K
59%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 12%
Fundraising cost ratio 0.9%
Revenue growth 5%
Accounting 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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$15K

Similar Organizations

Closest in mission — by what they do
See all organizations like Key Concepts INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$531K revenue · viewing · ⤓ 990 PDF
FY2023$507K revenue · ⤓ 990 PDF
FY2022$595K revenue · ⤓ 990 PDF
FY2021$559K revenue · ⤓ 990 PDF
FY2020$493K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.