American Committee For Keep Inc is located in Louisville, KY. The organization was established in 1956. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is the central organization for a national or regional group of organizations. American Committee For Keep 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 03/2024, American Committee For Keep Inc generated $91.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $242.9k during the year ending 03/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT KEEP IN JAPAN WITH FINANCIAL AND TECHNICAL ASSISTANCE STRIVING TO PROVIDE PROGRAMMING WITH GLOBAL IMPACT IN INTERNATIONAL RELATIONS, COMMUNITY DEVELOPMENT, AND ENVIRONMENTAL EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL KEEP PROGRAMS - PROVIDING EDUCATIONAL OPPORTUNITIES FOR YOUTH AND ADULTS TO PARTICIPATE IN MODEL PROGRAMMING TO IMPROVE COMMUNITY AND INTERNATIONAL RELATIONS AND ENVIRONMENTAL CONSERVATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy F Sauls President | OfficerTrustee | 5 | $0 |
Douglas Whitlock Vice President | Trustee | 1 | $0 |
Sandra Ferguson Mcphee Treasurer | OfficerTrustee | 5 | $0 |
Susan Hubbard Secretary | OfficerTrustee | 1 | $0 |
Kent Gilbert Member | Trustee | 1 | $0 |
Clifton Daniel Member | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $0 |
| Investment income | $11,818 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $79,271 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $91,589 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,994 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $7,662 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,862 |
| Compensation of current officers, directors, key employees. | $24,216 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,760 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,613 |
| Fees for services: Other | $7,952 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $35,081 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,439 |
| Interest | $2,063 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $555 |
| Insurance | $1,348 |
| All other expenses | $0 |
| Total functional expenses | $242,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,199 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,267 |
| 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 | $1,853 |
| Net Land, buildings, and equipment | $2,128 |
| Investments—publicly traded securities | $475,836 |
| Investments—other securities | $198,717 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $701,000 |
| Accounts payable and accrued expenses | $46,636 |
| 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 | $75,000 |
| Total liabilities | $121,636 |
| Net assets without donor restrictions | $579,239 |
| Net assets with donor restrictions | $125 |
| 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 | $701,000 |
Over the last fiscal year, American Committee For Keep Inc has awarded $16,994 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BEREA COLLEGE PURPOSE: INTERNATIONAL INTERNSHIP PROGRAM | $6,000 |
MADISON COUNTY INTERNATIONAL COMMITTEE PURPOSE: SISTER CITY PROGRAM | $5,000 |
MADISON COUNTY INTERNATIONAL COMMITTEE PURPOSE: MIDDLE SCHOOL EXCHANGE PROGRAM | $5,994 |