Keys For The Homeless Foundation Inc is located in Annandale, VA. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keys For The Homeless Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Keys For The Homeless Foundation Inc generated $269.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $224.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AID HOMELESS SERVICE ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EVERYDAY, HOUSEHOLD GOODS AND RESOURCES TO MEET REAL LIFE NEEDS. WORKED WITH MORE THAN 65 NON-PROFIT CHARITABLE ORGANIZATIONS AND SERVED MORE THAN 5,400 INDIVIDUALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Valerie Johnson President & Founder | OfficerTrustee | 60 | $11,667 |
Joseph Gargiulo Jr Treasurer | OfficerTrustee | 1 | $0 |
Colette Marquez Vice President | OfficerTrustee | 1 | $0 |
David Struminger Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $13,155 |
All other contributions, gifts, grants, and similar amounts not included above | $253,723 |
Noncash contributions included in lines 1a–1f | $171,945 |
Total Revenue from Contributions, Gifts, Grants & Similar | $266,878 |
Total Program Service Revenue | $2,596 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $269,629 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $11,667 |
Compensation of current officers, directors, key employees. | $4,667 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,022 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,799 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,371 |
Advertising and promotion | $0 |
Office expenses | $5,284 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,146 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $41 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,413 |
Insurance | $3,899 |
All other expenses | $0 |
Total functional expenses | $224,259 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $52,646 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $280 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $3,551 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $56,477 |
Accounts payable and accrued expenses | $869 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $869 |
Net assets without donor restrictions | $55,608 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $56,477 |
Over the last fiscal year, we have identified 2 grants that Keys For The Homeless Foundation Inc has recieved totaling $16,000.
Awarding Organization | Amount |
---|---|
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $6,000 |
Organization Name | Assets | Revenue |
---|---|---|
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Aston Park Health Care Center Inc Asheville, NC | $17,105,214 | $12,530,764 |
James Family Charitable Foundation Charlottesville, VA | $171,150,056 | $16,638,935 |
Silver Valley Research Foundation Mclean, VA | $1,699,232 | $12,100,000 |
Helvetas Usa Washington, DC | $584,936 | $9,906,698 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |