Upper Keys Foundation Inc
- Assets
- $24.4k
- Revenue
- $122.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Tavernier, FL
- Founding
- 12/2011
- Data as of
- 12/2021
- EIN
- 45-2809618
Organization Overview
Upper Keys Foundation Inc is located in Tavernier, FL. The organization was established in 2011. 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. Upper Keys 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, Upper Keys Foundation Inc generated $122.4k 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 (12.0%) each year. All expenses for the organization totaled $101.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.6%) 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
THE UKFI THROUGH DONATIONS HELPS TO SUPPORT STUDENT ATHLETIC PROGRAMS OF CORAL SHORES HIGH SCHOOL TAVERNIER, FLORIDA A PUBLIC HIGH SCHOOL WHOSE ATHLETIC PROGRAMS HAVE BEEN UNDERFUNDED BECAUSE OF BUDGET CUTBACKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAYMENTS CONTRACT COACHES AND GAME OFFICIALS 42,601 STAFFING COORDINATOR 4500 TOTAL 47,101
VARIOUS TEAM SUPPORT ACTIVITIES TEAM TRAVEL EXPENSES 1,087,ACCOMODATIONS 5,219, TOURNAMENT FEES 2,720, UNIFOMS EQUIPMENT 18,609, , TRAINING PROGRAM 638 TOTAL 28,273
DIRECT SUPPORT AMOUNTS PAID TO/ FOR CORAL SHORES ATHLETIC DEPARTMENT 11,451
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barnaby Rich Chairman | OfficerTrustee | 20 | $0 |
Paul Grewe Secretary | OfficerTrustee | 2 | $0 |
Thomas R Mcdonald CFO | OfficerTrustee | 2 | $0 |
George Hertel Director | Trustee | 2 | $0 |
James Mooney Director | Trustee | 2 | $0 |
Randall L Baad Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $122,356 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,356 |
| Total Program Service Revenue | $0 |
| 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 | $122,356 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $86,825 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,081 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $101,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,424 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $24,424 |
| Accounts payable and accrued expenses | $455 |
| 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 | $455 |
| Net assets without donor restrictions | $0 |
| 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 | $23,969 |
| Total liabilities and net assets/fund balances | $24,424 |
Grants Awarded
Over the last fiscal year, Upper Keys Foundation Inc has awarded $75,459 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CORAL SHORES HIGH SCHOOL PURPOSE: supplement school athletic program | $69,889 |
Tavernier, FL | | $5,570 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Upper Keys Foundation Inc has recieved totaling $3,200.
| Awarding Organization | Amount |
|---|---|
Jarosz Family Foundation Hinsdale, IL PURPOSE: EDUCATION | $3,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Miami Foundation Inc Miami, FL | $460,864,709 | $147,324,669 |
Ninth District Opportunity Inc Gainesville, GA | $20,597,568 | $53,356,026 |
Jupiter Medical Center Foundation Inc Jupiter, FL | $160,882,045 | $61,479,471 |
Nema Foundation Inc Tallulah Falls, GA | $40,863,488 | $61,480,995 |
Trustbridge Global Foundation Usa Inc Clearwater, FL | $68,735,703 | $42,627,282 |
Blue Cross And Blue Shield Of Florida Foundation Inc Jacksonville, FL | $500,668,406 | $165,069,947 |
University Of South Florida Institute Of Applied Engineering I Tampa, FL | $5,205,656 | $9,587,469 |
The Legacy Foundation At Shell Point Inc Fort Myers, FL | $5,518,203 | $5,863,574 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Tampa-Orlando-Pinellas Jewish Foundation Inc Tampa, FL | $66,534,235 | $10,949,791 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |