Keystone Community Corporation

Tax-deductible

Kansas City, MO501(c)(3)Community DevelopmentEIN 83-2218909Revenue $226K in FY2024

On file with the IRSkeystonedistrict.org800 E 18th St, 64108-1514 · Kansas City, MOTax-exempt since Sep 2019Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Run by 11 volunteers.
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 4
filings with a surplus
Average deficit $8K a year · 3% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$8K
to officers and key staff · 4% of spending
Top officer’s pay lower than 95% of similar orgs
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $125K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$226K
-39% vs prior year
Spent
$223K
To programs
79%
Net assets
$21K
By yearFY2021–FY2024
Revenue
$226K
FY2024▼ -39%
Tap a bar for its year
Revenue by fiscal year
FY2021$225K
FY2022$327K
FY2023$368K
FY2024$226K
Expenses
$223K
FY2024▼ -42%
Tap a bar for its year
Expenses by fiscal year
FY2021$182K
FY2022$388K
FY2023$383K
FY2024$223K
Net assets
$21K
FY2024▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2021$94K
FY2022$33K
FY2023$18K
FY2024$21K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2019.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $176K Management & general 21% · $47K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

8 people listed on the 990; $8K paid to officers and key staff.

Part VII, Section A · reportable compensation
$8,250Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
Board of Director
$0Pt VII · Sec A
Board of Director
$0Pt VII · Sec A

Kevin McGinnis’s $8K as President is at the 5th percentile of top reported officer pay among 1709 $100K–1M community development 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.

See Keystone Community Corporation executive salaries →

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

Something off? The org can add a note here. Claim this org to fix it.

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

Keystone Community Corporation is a community improvement nonprofit based in Kansas City, MO.

Questions for Keystone Community Corporation

Tap to ask. Keystone Community Corporation sees how many people are interested.

Your first name shows with your question. Keystone Community Corporation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $176K · in their own filed words · FY2024
01

Establishing collaboration with corporations, startups and entrepreneurs to create maximum positive impact

$176Kprogram expense
02

Developing a long term regional economical development program that will bring education, entrepreneurship, and employment to the Keystone District.

Pt IX · col B
03

Leveraging programming and placemaking to drive successful outcomes: Keystone Sessions, Social Venture Studio, CoLabs

Pt IX · col B

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 · FY2024
Total grants receivedfrom 3 funders$125K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$226K
Ln 12
Gifts and grantsLn 1h$222K
Other incomeLn 4–11$4K
Money outPt IX
$223K
Ln 25
Programscol B$176K
Managementcol C$47K
Owns and owesPt X
$21K
net assets · Ln 32
Cash and savingsLn 1–2$21K
Total assetsLn 16$21K
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$222K
Other incomeLn 4–11$4K
Total revenueLn 12$226K
Assets in detailPt X, end of year
CashLn 1$21K
Cash and savings togetherLn 1–2$21K
Total assetsLn 16$21K
LiabilitiesLn 26$0
Net assetsLn 32$21K
OperationsPt I, VI
EmployeesI 50
VolunteersI 611
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$23K$21K
Total assetsLn 16$23K$21K
LiabilitiesLn 26$5K$0
Net assetsLn 32$18K$21K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$66K$66K
Management feesLn 11a$8K$8K
Legal feesLn 11b$661$661
Accounting feesLn 11c$9K$9K
Other fees for servicesLn 11g$52K$52K
Advertising and promotionLn 12$26K$26K
Office expensesLn 13$6K$6K
Information technologyLn 14$8K$8K
OccupancyLn 16$48K$24K$24K
TravelLn 17$13$13
Total functional expensesLn 25$223K$176K$47K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $226K$223K$3K$21K 990 PDF
FY2023 $368K$383K−$15K$18K 990 PDF
FY2022 $327K$388K−$61K$33K 990 PDF
FY2021 $225K$182K$43K$94K 990 PDF

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

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 $225,809 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $368,076$221,844
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$3,965
I-12 Total revenuePrior year $368,076$225,809
I-13 Grants and similar amounts paidPrior year $2,500$0
I-14 Benefits paid to membersPrior year $81,984$66,074
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $298,849$157,175
I-18 Total expensesPrior year $383,333$223,249
I-19 Revenue less expensesPrior year −$15,257$2,560
Part VI · Governance 8 of 8 board members independent, 3 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
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
Part VIII · Statement of revenue $225,809 across 6 lines filed
VIII-1a Federated campaigns$216,844
VIII-1d Related organizations$5,000
VIII-1h Total contributions, gifts and grants$221,844
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,965$3,965
VIII-12 Total revenueRelated to mission $3,965 · Unrelated business $0 · Excluded from tax $0$225,809
Part IX · Statement of functional expenses $223,249 across 10 lines filed
IX-4 Benefits paid to or for membersPrograms $66,074$66,074
IX-11a Management feesManagement $8,250$8,250
IX-11b Legal feesManagement $661$661
IX-11c Accounting feesManagement $9,000$9,000
IX-11g Other fees for servicesPrograms $51,977$51,977
IX-12 Advertising and promotionPrograms $25,810$25,810
IX-13 Office expensesManagement $5,535$5,535
IX-14 Information technologyPrograms $8,069$8,069
IX-16 OccupancyPrograms $23,930 · Management $23,930$47,860
IX-17 TravelManagement $13$13
IX-25 Total functional expensesPrograms $175,860 · Management $47,389 · Fundraising $0$223,249
Part X · Balance sheet $20,563 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $23,003$20,563
X-16 Total assetsStart of year $23,003$20,563
X-26 Total liabilitiesStart of year $5,000$0
X-32 Total net assets or fund balancesStart of year $18,003$20,563
X-33 Total liabilities and net assetsStart of year $23,003$20,563
Part XI · Reconciliation of net assets $20,563 net assets at year end
XI-1 Total revenue$225,809
XI-2 Total expenses$223,249
XI-3 Revenue less expenses$2,560
XI-4 Net assets at start of year$18,003
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$20,563

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

Similar organizations you could support · Compare with another nonprofit

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 pay comparisons above.