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Keys For The Homeless Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201947389 ✦ Annandale, VA ✦ Designated as a 501(c)(3)

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Overview

What is Keys For The Homeless Foundation Inc?

Keys For The Homeless Foundation Inc is a nonprofit organization that lends a helping hand to homeless service organizations by supplying essential household items and resources. This foundation has collaborated with over 65 non-profit charitable organizations and has assisted over 5,400 individuals in meeting their daily needs. By aiding these organizations, Keys For The Homeless Foundation Inc plays a crucial role in supporting the wellbeing of those experiencing homelessness.


Official website here: www.keysforthehomeless.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

Keys For The Homeless Foundation Inc has received an 83% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization showcases strengths with a fully independent board and an excellent program expense ratio of 92.40%, ensuring that most of the funding is directed towards its mission. The absence of material diversion of assets also reflects a responsible management of resources.

However, there are some areas for improvement. The charity lacks a conflict of interest policy and a document retention and destruction policy, which are essential for transparency and governance. While they have a whistleblower policy in place, the missing documents suggest potential vulnerabilities in their operational protocols that could be addressed to enhance accountability.

Overall, while Keys For The Homeless Foundation Inc demonstrates a commitment to effective resource use and governance, addressing the noted deficiencies could further bolster its credibility and operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Keys For The Homeless Foundation Inc legitimate?

Keys For The Homeless Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keys For The Homeless Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $18,333
Professional Fundraising Fees: $313
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.keysforthehomeless.org

What is the mission statement of Keys For The Homeless Foundation Inc?

The Keys for the Homeless Foundation's mission is centered around assisting homeless service organizations. By providing essential household goods and resources, the foundation aims to meet the everyday needs of individuals who are currently homeless. Over the years, it has collaborated with over 65 non-profit charitable organizations, directly impacting more than 5,400 individuals.


Official website here: www.keysforthehomeless.org

Who is the CEO of Keys For The Homeless Foundation Inc?

Valerie Johnson is the President & Founder of Keys For The Homeless Foundation Inc.


Official website here: www.keysforthehomeless.org

What is the revenue of Keys For The Homeless Foundation Inc?

Keys For The Homeless Foundation Inc's revenue in 2022 was $466,116.


Official website here: www.keysforthehomeless.org

Who are the executives of Keys For The Homeless Foundation Inc and what are their salaries?

The average compensation at Keys For The Homeless Foundation Inc during 2022 was $18,333. There is 1 employee at Keys For The Homeless Foundation Inc.


Here are 4 key members and their salaries:


Valerie Johnson (President & Founder)
  • Compensation: $18,333
  • Related: $0
  • Other: $0
David Struminger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colette Marquez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Gargiulo Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.keysforthehomeless.org

Where can I find the form 990 for Keys For The Homeless Foundation Inc?

Keys For The Homeless Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.keysforthehomeless.org

Learn more at the official website: www.keysforthehomeless.org

Mission Statement of Keys For The Homeless Foundation Inc

The Keys for the Homeless Foundation is a dedicated organization that assists homeless service organizations by supplying them with essential household items and resources. Its mission is to address the practical needs of individuals who are homeless, working with over 65 non-profit charitable organizations. Through its efforts, the foundation has served more than 5,400 individuals, demonstrating its commitment to making a tangible difference in people's lives. The Keys for the Homeless Foundation plays a crucial role in supporting these organizations, helping them provide a more comprehensive and holistic approach to addressing homelessness.

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Impact




July, 2024

Keys For The Homeless Foundation Inc has made a significant impact by aiding homeless service organizations and providing essential household goods and resources to meet the real-life needs of individuals experiencing homelessness. Collaborating with over 65 non-profit charitable organizations, the foundation has served more than 5,400 individuals, making a tangible difference in their lives. Through their philanthropic efforts, Keys For The Homeless Foundation Inc has positively impacted the community and contributed towards supporting those in need.




This information is meant to be a general summary of Keys For The Homeless Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$466,116 (2022)
Expenses
$514,140 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,805
  • Gross Receipts: $466,116

Assets and Liabilities:

  • Total Assets: $8,022
  • Total Liabilities: $438
  • Net Assets: $7,584

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

recyling of goods

Revenue

$1,805

Organization Details

Founding Year

2000

Principal Officer

Valerie Johnson

Main Address

4701 Harling Lane, Annandale, VA, 22003

NTEE Category

Code: T30 - Philanthropy

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