Overview
What is Key Concepts Inc?
Key Concepts Inc, based in Fort Wayne, Indiana, is a nonprofit organization committed to fostering future leaders as humanitarian goodwill ambassadors. Their mission involves identifying, equipping, and empowering potential community leaders globally, particularly in France, Egypt, Indonesia, Israel, Malaysia, and Turkey in 2022. Through their extensive leadership development training programs, they aim to help these individuals become holistically engaged in their communities and societies, ultimately promoting public interest in community development abroad. Key Concepts Inc's work is expected to enhance social welfare and improve the quality of life for people by facilitating the exchange of ideas and resources among leaders. The organization currently employs 6 individuals to carry out its mission.
Official website here: www.keyconceptsint.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Key Concepts Inc has received an impressive 96% rating from Charity Navigator, indicating exceptional performance in accountability and finance. The rating reflects a commitment to transparency and responsible financial management, primarily assessed through various indicators, with a particular emphasis on a strong independent board and effective governance policies.
The organization boasts 100% independent board members and has a well-structured independent board size, which contributes positively to its governance. It has achieved top scores in areas like financial statements, material diversion of assets, and several key policies, underscoring its dedication to maintaining robust financial health and ethical oversight.
Despite its strengths, the data does not highlight specific program outcomes or community impact, which are critical for understanding the effectiveness of its mission. Nevertheless, the financial ratios indicate a solid operational foundation, with a significant portion of expenses directed toward programs, suggesting a focus on fulfilling its charitable objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Key Concepts Inc legitimate?
Key Concepts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Key Concepts 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $290,949
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Official website here: www.keyconceptsint.org
What is the mission statement of Key Concepts Inc?
Key Concepts Inc's mission is centered around fostering future leaders to actively engage in their communities as humanitarian goodwill ambassadors. The organization aims to cultivate holistic involvement of future foreign leaders in their societies, promoting public interest in community development abroad. This is accomplished by identifying, equipping, and empowering potential leaders to assist communities in overcoming challenges using existing sustainable resources. Additionally, Key Concepts Inc establishes and maintains a network that enables leaders to communicate directly with each other, facilitating collective problem-solving and collaboration.
Official website here: www.keyconceptsint.org
Who is the CEO of Key Concepts Inc?
Lee Deturk is the Secretary of Key Concepts Inc.
Official website here: www.keyconceptsint.org
What is the revenue of Key Concepts Inc?
Key Concepts Inc's revenue in 2022 was $594,845.
Official website here: www.keyconceptsint.org
Who are the executives of Key Concepts Inc and what are their salaries?
The average compensation at Key Concepts Inc during 2022 was $48,492. There are 6 employees and 5 volunteers at Key Concepts Inc.
Here are 5 key members and their salaries:
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Official website here: www.keyconceptsint.org
Where can I find the form 990 for Key Concepts Inc?
Key Concepts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.keyconceptsint.org
Learn more at the official website: www.keyconceptsint.org
Mission Statement of Key Concepts Inc
Key Concepts Inc, as an organization, strives to aid future leaders in becoming actively engaged members of their communities and society as humanitarian goodwill ambassadors. Their mission is multifaceted, aimed at promoting public interest in community development abroad. They achieve this by identifying, equipping, and empowering potential leaders who can assist communities in finding solutions to their challenges through existing sustainable resources. Furthermore, Key Concepts Inc establishes and sustains a network that enables these leaders to communicate directly with one another, fostering a collaborative approach to community improvement. By doing so, they aim to enhance the social welfare and quality of life for people globally.
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Impact
July, 2024
Key Concepts Inc's impact lies in training future leaders to be actively involved in their communities as humanitarian goodwill ambassadors. Their leadership development training program, conducted by staff in the United States and abroad, focuses on recruiting, training, equipping, enabling, and nurturing national leaders. In 2022, they supported 7 instructors conducting leadership training in various countries. Their goal is to help future foreign leaders become holistic contributors to their communities and society, promoting public interest in community development abroad to enhance social welfare and quality of life. Key Concepts Inc achieves this by identifying, equipping, and empowering leaders to develop sustainable solutions and by creating a network for leaders to communicate effectively with each other. Their work extends beyond borders to foster positive change and encourage collaboration among global leaders.
This information is meant to be a general summary of Key Concepts 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $323
- Gross Receipts: $594,845
Assets and Liabilities:
- Total Assets: $353,797
- Total Liabilities: $475
- Net Assets: $353,322
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Organization Details
Founding Year
2012
Phone
(260) 478-2635Principal Officer
Lee Deturk
Main Address
PO BOX 9282, FORT WAYNE, IN, 46899
Website
www.keyconceptsint.orgNTEE Category
Code: W70 - Public benefit
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