Keys For Kids
- Assets
- $1.4m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 25
- Location
- Grand Rapids, MI
- Founding
- 02/1945
- Data as of
- 09/2022
- EIN
- 38-1675000
Organization Overview
Keys For Kids, operating under the name Keys for Kids Ministries Inc, is located in Grand Rapids, MI. The organization was established in 1945. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. As of 09/2022, Keys for Kids Ministries Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keys for Kids Ministries 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 09/2022, Keys for Kids Ministries Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $1.7m during the year ending 09/2022. While expenses have increased by 7.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
KEYS FOR KIDS MINISTRIES IS AN INTERNATIONAL CHRISTIAN MINISTRY BASED ON THE GOSPEL OF JESUS CHRIST, PRODUCING AND DISTRIBUTING EXCELLENT MEDIA RESOURCES TO IGNITE A PASSION FOR CHRIST IN KIDS, TEENS AND THEIR FAMILIES WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KEYS FOR KIDS MINISTRIES PRODUCES DEVOTIONALS CALLED KEYS FOR KIDS (CHILDREN AGES 612) AND UNLOCKED (TEENS 1318) IN PRINT, AUDIO, AND ELECTRONIC FORMATS (APPS, PODCASTS, SOCIAL MEDIA, AND WEBSITE). MORE THAN 200,000 DEVOTIONALS WERE PRINTED. IN ADDITION TO ENGLISH, AUDIO VERSIONS OF KEYS FOR KIDS DEVOTIONS WERE PRODUCED IN ALBANIAN, ARABIC, GREEK, MACEDONIAN, NEPALI, AND SPANISH THROUGH OUR STORYTELLER PROGRAM. HUNDREDS OF THOUSANDS OF PEOPLE CAN LISTEN TO THE KEYS FOR KIDS SYNDICATED RADIO PROGRAMMING ON MORE THAN 600 RADIO OUTLETS WORLDWIDE. OUR PROGRAMMING IS ALSO AVAILABLE ON KEYS FOR KIDS RADIO, A FULL-TIME RADIO STATION FOR KIDS AT KEYSFORKIDS.NET OR ON OUR MOBILE APP. APPROXIMATELY 40,000 PEOPLE HAVE DOWNLOADED OUR TWO MOBILE APPS THAT ALLOW THEM TO READ OR LISTEN TO OUR VARIOUS MINISTRY RESOURCES. OUR PRODUCTS ARE ALSO AVAILABLE IN OUR ONLINE STORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Yoder President | Officer | 40 | $75,628 |
Joe Moss Vice Chair | OfficerTrustee | 2 | $0 |
Amanda Hildabrand Secretary | OfficerTrustee | 2 | $0 |
Scott Cousino Treasurer | OfficerTrustee | 2 | $0 |
Duane Culver Board Chairman | OfficerTrustee | 2 | $0 |
Scott Vanderveen Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,066 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,565,268 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,566,334 |
| Total Program Service Revenue | $24,044 |
| Investment income | $178 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,602 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $194,067 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,799,549 |
| 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. | $81,093 |
| Compensation of current officers, directors, key employees. | $27,571 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $607,330 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $93,641 |
| Payroll taxes | $50,698 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,084 |
| Fees for services: Accounting | $12,072 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $24,798 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,859 |
| Advertising and promotion | $88,192 |
| Office expenses | $106,277 |
| Information technology | $102,227 |
| Royalties | $0 |
| Occupancy | $60,326 |
| Travel | $21,568 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,628 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,624 |
| Insurance | $7,465 |
| All other expenses | $0 |
| Total functional expenses | $1,685,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,369 |
| Savings and temporary cash investments | $721,750 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,470 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,004 |
| Prepaid expenses and deferred charges | $20,505 |
| Net Land, buildings, and equipment | $658,032 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,443,130 |
| Accounts payable and accrued expenses | $95,573 |
| 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 | $95,573 |
| Net assets without donor restrictions | $1,096,173 |
| Net assets with donor restrictions | $251,384 |
| 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 | $1,443,130 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Keys For Kids has recieved totaling $55,842.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $34,842 |
Edgar And Elsa Prince Foundation Holland, MI PURPOSE: OPERATING SUPPORT | $20,000 |
Hartings Family Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Salvation Poem Foundation Sparta, WI | $3,136,023 | $4,409,624 |
Ave Maria Communications Ann Arbor, MI | $1,086,380 | $2,682,742 |
Keys For Kids Grand Rapids, MI | $1,443,130 | $1,799,549 |
Strong Tower Christian Media Xenia, OH | $3,164,622 | $2,058,080 |
Audio Scripture Ministries Holland, MI | $1,970,304 | $2,131,830 |
Soulmedic Media Group Inc Fort Wayne, IN | $2,247,973 | $1,463,247 |
Jehu Ministries International Grand Rapids, MI | $3,457,860 | $295,096 |
Lakeshore Communications Inc De Pere, WI | $849,224 | $666,318 |
Little Brothers Friends Of Theelderly Cincinnati, OH | $580,361 | $332,129 |
Kayser Broadcast Ministries Upper Sandusky, OH | $522,785 | $378,524 |
Matthias Media Ministries Youngstown, OH | $315,377 | $465,837 |
Pipeline To God Communications Inc Beachwood, OH | $94,695 | $324,281 |