Forest C and Ruth V Kelsey Foundation
Only null% goes to programs Strong reserves Growing revenue
Forest C and Ruth V Kelsey Foundation is a 501(c)(3) organization based in Montesano, Washington, registered in 2000, with $4,518,359 in FY2024 revenue. CharityIndex grades it C+.
Po Box 404, Montesano, WA, 98563 EIN 91-2013369 Since 2000
Revenue (FY2024)
$4.5M
▲ 834.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.1M
Net assets
$13.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Forest C and Ruth V Kelsey Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating147 mo reserves · +76% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Forest C and Ruth V Kelsey Foundation: 147 mo reserves · +76% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Forest C and Ruth V Kelsey Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Forest C and Ruth V Kelsey Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 404, Montesano, WA, 98563
- City
- Montesano
- State
- Washington
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $981K (FY2013) to $4.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $216Net assets $13.0M
Operating margin
76.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.0M
Total liabilities
$216
Net assets
$13.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,518,359▲834% | $1,062,697▲24.6% | $13,000,648▲36.4% | $13,000,864▲36.4% | 990PF |
| 2023 | $483,585▲47.6% | $852,889▼15.4% | $9,529,824▼3.6% | $9,530,091▼3.7% | 990PF |
| 2022 | $327,629▼79.0% | $1,007,662▲29.4% | $9,890,809▼6.6% | $9,891,146▼6.6% | 990PF |
| 2021 | $1,560,514▲109% | $778,910▼8.0% | $10,588,922▲8.0% | $10,589,197▲8.0% | 990PF |
| 2020 | $745,473▲68.7% | $846,369▲17.6% | $9,804,592▼1.0% | $9,804,736▼1.0% | 990PF |
| 2019 | $441,865▼23.1% | $719,742▼6.9% | $9,901,956▼2.7% | $9,902,535▼2.7% | 990PF |
| 2018 | $574,955▼12.2% | $773,318▲17.7% | $10,176,183▼1.9% | $10,177,032▼1.9% | 990PF |
| 2017 | $654,614▲36.2% | $656,999▼3.5% | $10,378,554▲0.1% | $10,378,760▲0.1% | 990PF |
| 2016 | $480,611▲7.1% | $681,105▼16.2% | $10,370,968▼1.8% | $10,371,587▼1.8% | 990PF |
| 2015 | $448,775▼67.0% | $813,229▲25.4% | $10,558,017▼3.6% | $10,558,426▼3.6% | 990PF |
| 2014 | $1,361,793▲38.9% | $648,684▲0.4% | $10,947,044▲6.8% | $10,947,684▲6.8% | 990PF |
| 2013 | $980,599 | $645,780 | $10,253,874 | $10,254,552 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Forest C and Ruth V Kelsey Foundation a legitimate nonprofit?
- Yes. Forest C and Ruth V Kelsey Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 91-2013369, based in Montesano, Washington. Donations are tax-deductible.
- What is Forest C and Ruth V Kelsey Foundation's EIN?
- Forest C and Ruth V Kelsey Foundation's Employer Identification Number (EIN) is 91-2013369.
- How much revenue does Forest C and Ruth V Kelsey Foundation report?
- Forest C and Ruth V Kelsey Foundation reported $4,518,359 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Forest C and Ruth V Kelsey Foundation have?
- CharityIndex grades Forest C and Ruth V Kelsey Foundation C+, based on financial health (reserves and operating margin).
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Data for Forest C and Ruth V Kelsey Foundation (EIN 91-2013369) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.