philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in
Keshet EIN 36-3441392

Keshet

EIN  36-3441392 Public charity (501(c)(3)) Northbrook, IL Founded 1988
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/10/26 · see original filing: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Keshet claims this page.

Know this organization? Claim it to add your story

Size
$10–100M
What they do
Fosters belonging by enabling people with disabilities to learn, play, work, live, and grow alongside others.
Leadership
Jennifer Phillips · CEO/President · $261K
Money in and out
$14.6M revenue, $13.8M expenses
Bottom line
73% program efficiency

Fosters belonging by enabling people with disabilities to learn, play, work, live, and grow alongside others. For fiscal year 2024 it reported $14.6M in revenue, $13.8M in expenses, and $25.4M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$14.6M
Pt VIII · Ln 12
Total expenses
$13.8M
Pt IX · Ln 25
Net assets
$25.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $812K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.16 Fundraising $0.11
Program efficiency
73%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
10.9mo
months of highly liquid reserves at operating expense rate▼ -16% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▼ -86% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$14.6M
FY2024▼ -27%
Expenses
$13.8M
FY2024▲ +15%
Total assets
$30.1M
FY2024▼ -4%
Total liabilities
$4.8M
FY2024▼ -31%
Total revenue
$14.6M
Pt VIII · Ln 12
Total expenses
$13.8M
Pt IX · Ln 25
Net assets
$25.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$812K
Total assetsPt X · Ln 16$30.1M
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

3 program services account for $9.5M of program spending, described in the organization's own filed words · FY2024.
01

Keshet manages three schools and three extended school year programs from preschool through transition. Using a curriculum that focuses on academics and daily living skills, keshet prepares students to lead independent lives.

$4.2Mprogram expense
02

At keshet, opportunities for adults include day program, vocational support and four group homes. The goal of these programs is to provide meaningful lives for adults with disabilities within their home communities. Services are tailored to meet each individual's needs.

$3.9Mprogram expense
03

Keshet's most significant recreation program is summer camp. Each year, approximately 200 kids, teens and young adults with disabilities experience summer fun and friendships alongside their typically developing peers at 15 day and overnight camps.

$1.4Mprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKeshet
EINHdr · item D36-3441392
Principal addressHdr · item CNorthbrook, IL
WebsiteHdr · item Jwww.keshet.org
Year of formationHdr · item L1988
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJul 1986

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Jennifer Phillips
CEO/President
$261,172Pt VII · Sec A
$180,466Pt VII · Sec A
Lauren Berndt
Chief Development Officer Thru 10/24
$146,288Pt VII · Sec A
Jamie Lake
Chief Communications Officer
$141,184Pt VII · Sec A
Lisa Lew
Director of Quality Assurance
$109,891Pt VII · Sec A
Asher Bronfeld
Board Member
$0Pt VII · Sec A
Jeremy Amster
Board Member
$0Pt VII · Sec A
Doug Winkelstein
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Jennifer Phillips$261,172$234,770$218,476$209,218$175,596$154,521
Abbie Weisberg————$219,077$249,858
Dave Gendel————$116,963$185,192
Bishal Maskey$180,466$40,656————
Michelle Ebner—$160,665$155,801$145,968$138,308$132,813
Lauren Berndt$146,288$145,913————
Jamie Lake$141,184$141,240$132,522$132,635$112,429$105,775
Debra Harris————$104,207$121,326

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.

See Keshet executive salaries →

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

Statement of Revenue

Part VIII
Program service revenue$8.7M · 59%
Contributions & grants$5.8M · 39%
Investment income$646K · 4%
Program service revenue59%$8.7M
Contributions & grants39%$5.8M
Investment income4%$646K
— government grantsLn 1e$67K
Total revenueLn 12$14.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.16 Fundraising $0.11
Program services73%$10.1M
Management & general16%$2.2M
Fundraising11%$1.5M
Total functional expensesLn 25$13.8M

Balance Sheet

Part X · end of year
CashLn 1$3.1M
Total assetsLn 16$30.1M
Total liabilitiesLn 26$4.8M
Total net assetsLn 32$25.4M
Months of cash on handcomputed2.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12.6M · Operating expenses (Pt IX) $13.8M · Less non-cash grants $14K · Cash operating expenses/yr $13.8M
10.9 months
Where the money goes
Program services
Program services $10.1M · Total expenses $13.8M
73%
Management & General
Management & general $2.2M · Total expenses $13.8M
16%
Fundraising
Fundraising $1.5M · Total expenses $13.8M
11%
Cost to raise $1
Fundraising expense (3-yr avg) $1.2M · Solicited contributions (3-yr avg) $7.0M
$0.17 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $5.8M · Total revenue $14.6M
39%
Government reliance
Government grants $67K · Total revenue $14.6M
0%
Earned-income share
Program service revenue $8.7M · Total revenue $14.6M
59%
Investment reliance
Investment income $646K · Total revenue $14.6M
+4%
Program self-sufficiency
Program service revenue $8.7M · Total expenses $13.8M
63%
Growth & trend
Revenue growth (YoY)
This year $14.6M · Prior year $20.0M
-27%
Revenue CAGR
FY2019 $9.6M · FY2024 $14.6M
+9%
Net-asset trend (YoY)
End of year $25.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $14.6M · Expenses $13.8M
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $30.1M
—
Net-asset ratio
Net assets $25.4M · Total assets $30.1M
84%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $9.5M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $30.1M
31%
People & payroll
Highest Reported Total Compensation
Individual Jennifer Phillips · Reported title CEO/PRESIDENT · Highest reported compensation $261K · Total expenses $13.8M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $10.3M · Total expenses $13.8M
75%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%——
Overhead ratio 16%——
Fundraising cost ratio 26%——
Revenue growth -27%——

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 · received and paid
Grants received · FY2025
Justinian Society of Lawyers Endowment Fund INCFY2025$5K
Total grants receivedfrom 1 funder$5K
Grants paid · 6 grants · $794K · 2019–2024
Unitemized GrantFY2024$109,476
Unitemized GrantFY2023$176,908
Unitemized GrantFY2022$136,905
Unitemized GrantFY2021$116,307
Unitemized GrantFY2020$64,659
Unitemized GrantFY2019$189,458

Similar Organizations

Closest in mission — by what they do
Being Built TogetherCA
Friendship CommunityPA
Friends with DisabilitiesMI
Labeled and LovedTX
Kee to Independent GrowthNY
EdtogetherMA
See all organizations like Keshet →

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$20.0M revenue · ⤓ 990 PDF
FY2023$11.3M revenue · ⤓ 990 PDF
FY2022$12.2M revenue · ⤓ 990 PDF
FY2021$10.4M revenue · ⤓ 990 PDF
FY2020$9.6M 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.