Overview
What is Keep Them Safe Foundation Inc?
Keep Them Safe Foundation Inc, located in Brooklyn, New York, is a compassionate nonprofit organization dedicated to serving the needs of the disabled, elderly, and individuals with special requirements. Their primary mission involves managing special needs trusts, providing essential assistance to this specific population. This foundation employs a modest team of 1 individual, demonstrating their commitment to making a meaningful impact in the lives of those they serve.
Official website here: www.ktstrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
The Keep Them Safe Foundation Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths, there are significant areas needing improvement. The charity performs well in terms of accountability and finance, particularly with a fully independent board and strong financial audits. However, the absence of key policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about governance practices.
Despite a high program expense ratio, which suggests that a large portion of funds is directed towards its mission, the organization struggles with transparency. The lack of publicly available board meeting minutes and tax forms further complicates stakeholder trust. Additionally, a high liabilities to assets ratio signals potential financial risks that could impact future operations.
Overall, while the Keep Them Safe Foundation Inc shows a commitment to its programs and has a solid financial framework, it must address its governance shortcomings and improve its transparency to enhance its rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Keep Them Safe Foundation Inc legitimate?
Keep Them Safe Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keep Them Safe 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $323,136
For more financial information, click here
Official website here: www.ktstrust.org
What is the mission statement of Keep Them Safe Foundation Inc?
The Keep Them Safe Foundation Inc is dedicated to serving the needs of the disabled, elderly, and special needs population. They accomplish this by managing a special needs trust. The primary objective of this organization is to provide essential services for this particular group, ensuring their well-being and quality of life. By administering a special needs trust, the foundation offers financial support and security, ensuring that these individuals can maintain their eligibility for government assistance programs while still having access to necessary resources. The foundation's mission is to make a significant impact on the lives of those who require additional care and support, ensuring they live with dignity and independence.
Official website here: www.ktstrust.org
What is the revenue of Keep Them Safe Foundation Inc?
Keep Them Safe Foundation Inc's revenue in 2023 was $6,878,509.
Official website here: www.ktstrust.org
Who are the executives of Keep Them Safe Foundation Inc and what are their salaries?
The average compensation at Keep Them Safe Foundation Inc during 2023 was $64,627. There are 5 employees at Keep Them Safe Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $323,136
- Related: $0
- Other: $0
Official website here: www.ktstrust.org
Where can I find the form 990 for Keep Them Safe Foundation Inc?
Keep Them Safe Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ktstrust.org
Learn more at the official website: www.ktstrust.org
Mission Statement of Keep Them Safe Foundation Inc
Keep Them Safe Foundation Inc is committed to serving the needs of the disabled, elderly, and individuals with special needs. Their mission is centered around administering a special needs trust. This means they provide essential services to this specific population, ensuring they have the necessary financial support to maintain their quality of life without compromising their eligibility for government benefits. By managing these trusts, the organization plays a crucial role in promoting the independence and dignity of these individuals, enabling them to access necessary medical care, housing, and other essential services. The services provided by Keep Them Safe Foundation Inc are instrumental in improving the overall well-being and standard of living for the disabled, elderly, and individuals with special needs, thereby empowering them to live fulfilling lives.
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Impact
October, 2024
Keep Them Safe Foundation Inc significantly impacts the lives of individuals within the disabled, elderly, and special needs community by offering essential services through the administration of special needs trusts. This support ensures that beneficiaries can maintain their quality of life while safeguarding their eligibility for government benefits. By managing financial resources effectively, the organization addresses the unique challenges these populations face, providing peace of mind and stability for individuals and their families. Operating out of Brooklyn, NY, the foundation plays a crucial role in enhancing public safety and empowering vulnerable groups to achieve greater independence and security.
This information is meant to be a general summary of Keep Them Safe 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $6,878,509
- Gross Receipts: $6,878,509
Assets and Liabilities:
- Total Assets: $8,377,505
- Total Liabilities: $6,783,470
- Net Assets: $1,594,035
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FIDUCIARY AND TRUST FE
Revenue
$6,878,509
Organization Details
Founding Year
2011
Principal Officer
Harold Schwartz
Website
www.ktstrust.orgNTEE Category
Code: M40 - Public safety
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