Keller Williams Realty Cares

Tax-deductible

Austin, TX501(c)(3)Since 2002Public Safety & DisasterEIN 68-0505969Revenue $6.8M in FY2024

On file with the IRSkwcares.org1221 S Mopac Expy Ste 400, 78746-7650 · Austin, TXTax-exempt since Oct 2003Publicly supported charity — 170(b)(1)(A)(vi)

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Dedicated to serving Keller Williams Realty associates and their qualifying family members experiencing hardship as a result of a sudden emergency.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 13 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
2 of 5
filings with a surplus
Average deficit $250K a year · 4% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$582K
to officers and key staff · 10% of spending
Top officer’s pay higher than 94% of similar orgs
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
26 mo
of spending, in cash
Looks good: 25.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $111K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$220K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.8M
+32% vs prior year
Spent
$5.9M
To programs
85%
Net assets
$17.9M
By yearFY2020–FY2024
Revenue
$6.8M
FY2024▲ +32%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.4M
FY2021$6.2M
FY2022$5.5M
FY2023$5.2M
FY2024$6.8M
Expenses
$5.9M
FY2024▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.7M
FY2021$6.9M
FY2022$7.7M
FY2023$5.2M
FY2024$5.9M
Net assets
$17.9M
FY2024▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$20.0M
FY2021$19.3M
FY2022$17.0M
FY2023$17.0M
FY2024$17.9M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $5.0M Management & general 10% · $574K Fundraising 5% · $316K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990; $582K paid to officers and key staff.

Part VII, Section A · reportable compensation
$246,865Pt VII · Sec A
Grants Program Manager
$122,105Pt VII · Sec A
Finance, Payroll and Benefits
$110,330Pt VII · Sec A
Director of Grants Program
$102,889Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Alexia Rodriguez’s $247K as CEO is at the 94th percentile of top reported officer pay among 433 $1–10M public safety & disaster 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 · 7 named individuals · Part VII

NameFY2024FY2023FY2020
Alexia Rodriguez$246,865$189,419—
Mindy L Grubb—$154,349—
Kathy Neu——$125,882
Rachel Tang$122,105—$85,034
Antonia Young Director of$110,330——
Rachel Elder$102,889——
Sharon Gibbons——$46,900

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 Keller Williams Realty Cares executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides emergency financial aid to Keller Williams associates and their families facing hardship.

Provided by the organization

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3 programs · $5.0M · in their own filed words · FY2024
01

Hardship Grants

Provided grants to 166 individuals for assistance due to medically related emergency hardships and various other emergency hardships.

$3.8Mprogram expense
02

Disaster Relief

Provided assistance to 448 victims and communities affected by natural disasters, including hurricanes, and flooding. Assistance included food, water, shelter, medical care, transportation, power generation and emergency grants.

$1.2Mprogram expense
03

Donated to public charitable organizations whose missions align with the keller williams realty cares' mission.

$2Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 19 grants · $20.1M · 2020–2024
Unitemized GrantFY2024$2,096,550
Unitemized GrantFY2024$1,188,180
Unitemized GrantFY2023$2,879,856
Unitemized GrantFY2023$459,098
Homes for Our Troops INCMA · FY2023$83,181
San Antonio Area FoundationTX · FY2023$34,402
Unitemized GrantFY2022$2,541,160
Unitemized GrantFY2022$2,135,670
Americares Foundation INCCT · FY2022$50,000
Unitemized GrantFY2021$3,493,191
Unitemized GrantFY2021$1,608,495
Homes for Our Troops INCMA · FY2021$110,118
MD Anderson Cancer CenterFY2021$110,118
Americares Foundation INCCT · FY2021$100,000
Unitemized GrantFY2020$1,903,699
Unitemized GrantFY2020$976,872
MD Anderson Cancer CenterFY2020$156,473
Homes for Our Troops INCMA · FY2020$156,473
See all 19 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.8M
Ln 12
Gifts and grantsLn 1h$6.1M
Investment incomeLn 3$628K
Other incomeLn 4–11$83K
Money outPt IX
$5.9M
Ln 25
Programscol B$5.0M
Managementcol C$574K
Fundraisingcol D$316K
Owns and owesPt X
$17.9M
net assets · Ln 32
Cash and savingsLn 1–2$12.6M
Total assetsLn 16$18.1M
LiabilitiesLn 26$220K
PeoplePt VI, VII
19
listed · VII A
PaidVII A4
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.1M
Fundraising eventsLn 1c$425K
Investment incomeLn 3$628K
Other incomeLn 4–11$83K
Total revenueLn 12$6.8M
Assets in detailPt X, end of year
CashLn 1$2.3M
SavingsLn 2$10.3M
Cash and savings togetherLn 1–2$12.6M
InvestmentsLn 11–13$5.1M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$18.1M
LiabilitiesLn 26$220K
Net assetsLn 32$17.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$16.7M$12.6M
InvestmentsLn 11–13$5.1M
Land, buildings, equipmentLn 10c$639$0
Total assetsLn 16$17.3M$18.1M
LiabilitiesLn 26$262K$220K
Net assetsLn 32$17.0M$17.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$3.3M$3.3M
Grants and assistance to foreign recipientsLn 3$45K$45K
Pay of current officers, directors and key staffLn 5$279K$146K$78K$55K
Other salaries and wagesLn 7$549K$286K$154K$108K
Pension plan contributionsLn 8$24K$13K$7K$5K
Other employee benefitsLn 9$29K$15K$8K$6K
Payroll taxesLn 10$56K$29K$16K$11K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$89K$89K
Investment management feesLn 11f$8K$8K
Other fees for servicesLn 11g$20K$20K
Advertising and promotionLn 12$180K$163K$17K
Office expensesLn 13$133K$14K$111K$7K
Information technologyLn 14$146K$76K$41K$29K
OccupancyLn 16$149K$145K$4K
TravelLn 17$42K$7K$2K$33K
Depreciation, depletion and amortizationLn 22$639$334$126$179
InsuranceLn 23$8K$4K$2K$2K
Other expenses (24a–d)Ln 24$859K$791K$9K$59K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$5.9M$5.0M$574K$316K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $6.8M$5.9M$932K$17.9M 990 PDF
FY2023 $5.2M$5.2M−$5K$17.0M 990 PDF
FY2022 $5.5M$7.7M−$2.2M$17.0M 990 PDF
FY2021 $6.2M$6.9M−$723K$19.3M 990 PDF
FY2020 $5.4M$4.7M$754K$20.0M 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
See the full FY2024 990 (6 parts)
Part I · Summary $6,840,496 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,665,351$6,129,712
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $496,856$627,737
I-11 Other revenuePrior year $38,989$83,047
I-12 Total revenuePrior year $5,201,196$6,840,496
I-13 Grants and similar amounts paidPrior year $3,630,408$3,329,450
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $837,537$937,562
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $737,911$1,641,870
I-18 Total expensesPrior year $5,205,856$5,908,882
I-19 Revenue less expensesPrior year −$4,660$931,614
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $6,840,496 across 7 lines filed
Lines not itemized here account for $601 of total revenue; see the IRS return.
VIII-1c Fundraising events$425,341
VIII-1f All other contributions, gifts and grants$5,704,371
VIII-1h Total contributions, gifts and grants$6,129,712
VIII-3 Investment incomeExcluded from tax $627,737$627,737
VIII-6 Net rental income or lossExcluded from tax $11,160$11,160
VIII-8 Net income from fundraising eventsExcluded from tax $71,286$71,286
VIII-12 Total revenueRelated to mission $601 · Unrelated business $0 · Excluded from tax $710,183$6,840,496
Part IX · Statement of functional expenses $5,908,882 across 20 lines filed
IX-2 Grants to domestic individualsPrograms $3,284,730$3,284,730
IX-3 Grants and assistance to foreign recipientsPrograms $44,720$44,720
IX-5 Pay of current officers, directors and key staffPrograms $145,883 · Management $78,333 · Fundraising $55,229$279,445
IX-7 Other salaries and wagesPrograms $286,431 · Management $153,802 · Fundraising $108,439$548,672
IX-8 Pension plan contributionsPrograms $12,568 · Management $6,749 · Fundraising $4,758$24,075
IX-9 Other employee benefitsPrograms $15,218 · Management $8,171 · Fundraising $5,761$29,150
IX-10 Payroll taxesPrograms $29,349 · Management $15,760 · Fundraising $11,111$56,220
IX-11b Legal feesManagement $6,203$6,203
IX-11c Accounting feesManagement $88,800$88,800
IX-11f Investment management feesManagement $7,837$7,837
IX-11g Other fees for servicesManagement $20,347$20,347
IX-12 Advertising and promotionPrograms $162,847 · Management $17,299$180,146
IX-13 Office expensesPrograms $13,928 · Management $111,495 · Fundraising $7,479$132,902
IX-14 Information technologyPrograms $76,156 · Management $40,893 · Fundraising $28,831$145,880
IX-16 OccupancyPrograms $145,023 · Management $3,639$148,662
IX-17 TravelPrograms $7,019 · Management $1,855 · Fundraising $32,920$41,794
IX-22 Depreciation, depletion and amortizationPrograms $334 · Management $126 · Fundraising $179$639
IX-23 InsurancePrograms $4,187 · Management $1,585 · Fundraising $2,248$8,020
IX-24 Other expenses (24a–d)Programs $790,882 · Management $9,410 · Fundraising $58,760$859,052
IX-24e All other expensesManagement $1,588$1,588
IX-25 Total functional expensesPrograms $5,019,275 · Management $573,892 · Fundraising $315,715$5,908,882
Part X · Balance sheet $18,120,184 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $35,798$2,286,392
X-2 Savings and temporary cash investmentsStart of year $16,659,931$10,335,373
X-4 Accounts receivableStart of year $391,573$343,442
X-9 Prepaid expenses and deferred chargesStart of year $215,977$11,771
X-10c Land, buildings and equipment, netStart of year $639$0
X-11 Publicly traded securities$5,143,206
X-16 Total assetsStart of year $17,303,918$18,120,184
X-17 Accounts payable and accrued expensesStart of year $74,468$32,850
X-18 Grants payableStart of year $186,534$186,534
X-19 Deferred revenueStart of year $900$990
X-26 Total liabilitiesStart of year $261,902$220,374
X-27 Net assets without donor restrictionsStart of year $17,042,016$17,899,810
X-32 Total net assets or fund balancesStart of year $17,042,016$17,899,810
X-33 Total liabilities and net assetsStart of year $17,303,918$18,120,184
Part XI · Reconciliation of net assets $17,899,810 net assets at year end
XI-1 Total revenue$6,840,496
XI-2 Total expenses$5,908,882
XI-3 Revenue less expenses$931,614
XI-4 Net assets at start of year$17,042,016
XI-5 Net unrealized gains (losses) on investments−$73,820
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$17,899,810

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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