Kenneth L Kellar Foundation is a 501(c)(3) organization based in Aitkin, Minnesota, registered in 1991, with $290,432 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$290K
▲ 2.4% vs prior year
Expenses (FY2023)
$316K
Net assets
$555K
Employees
—
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 Kenneth L Kellar Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Kenneth L Kellar Foundation: 21 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
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 Kenneth L Kellar Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Kenneth L Kellar Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $187K (FY2013) to $290K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-9.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$580K
Net assets
$555K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $290,432▲2.4% | $316,465▼8.5% | $555,358▼7.5% | $1,135,283▼8.1% | 990PF |
| 2022 | $283,538▲5.8% | $345,800▼1.9% | $600,214▼9.4% | $1,235,937▼8.1% | 990PF |
| 2021 | $267,947▼0.1% | $352,544▲11.4% | $662,550▼11.3% | $1,344,361▼9.3% | 990PF |
| 2020 | $268,134▲1.1% | $316,444▲6.2% | $747,354▼5.9% | $1,482,770▼6.1% | 990PF |
| 2019 | $265,313▲9.9% | $298,082▼9.7% | $794,579▼4.4% | $1,578,850▼5.0% | 990PF |
| 2018 | $241,410▼3.5% | $330,113▲24.3% | $831,506▼9.8% | $1,661,591▼7.3% | 990PF |
| 2017 | $250,209▼50.5% | $265,622▲8.9% | $921,534▼1.6% | $1,791,543▼3.3% | 990PF |
| 2016 | $505,953▲106% | $244,011▼10.8% | $936,947▲38.8% | $1,852,848▲9.5% | 990PF |
| 2015 | $245,968▼8.0% | $273,508▲9.0% | $675,005▼3.9% | $1,692,057▼4.0% | 990PF |
| 2014 | $267,419▲42.9% | $250,867▼11.5% | $702,545▲2.8% | $1,762,638▼5.9% | 990PF |
| 2013 | $187,161 | $283,531▼18.5% | $683,673▼28.4% | $1,873,519▼39.5% | 990PF |
| 2010 | — | $347,832 | $954,896 | $3,094,883 | 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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Data for Kenneth L Kellar Foundation (EIN 91-1425050) 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.