Key Change Inc
73% goes to programs $0 to raise $100 Strong reserves
Key Change Inc is a 501(c)(4) organization based in Wichita, Kansas, registered in 2020, with $61,714,079 in FY2024 revenue. CharityIndex grades it C, and it directs about 73% of spending to programs.
Po Box 5004, Wichita, KS, 67201 EIN 83-3116152 Since 2020
Revenue (FY2024)
$61.7M
▼ 53.9% vs prior year
Civil Rights median: $332K
Expenses (FY2024)
$95.6M
Net assets
$1.2B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating73% to programs · $0 to raise $100
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. For Key Change Inc: 73% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
FFinancial health25% of the rating152 mo reserves · -55% 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 Key Change Inc: 152 mo reserves · -55% margin earns a F on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
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. For Key Change Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Key Change Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Supporting principled based organizations that empower people to realize their potential
Contact & location
- Address
- Po Box 5004, Wichita, KS, 67201
- City
- Wichita
- State
- Kansas
- Subcategory
- Civil Rights Programs
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $37.5M (FY2018) to $61.7M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.2B
Operating margin
-54.8%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$0
Net assets
$1.2B
Salaries & benefits
$0
0% of expenses
Board members
1
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,714,079▼53.9% | $95,563,987▲20.9% | $1,212,194,537▼2.7% | $1,212,194,537▼2.7% | 990 |
| 2023 | $133,946,713▲191% | $79,054,826▼37.1% | $1,246,044,443▲4.6% | $1,246,044,443▲4.6% | 990 |
| 2022 | $45,978,927▼33.9% | $125,635,580▲27.4% | $1,191,152,556▼6.8% | $1,191,152,556▼6.8% | 990 |
| 2021 | $69,570,660▼94.4% | $98,630,671▲527% | $1,278,082,464▲1.5% | $1,278,082,464▲1.5% | 990 |
| 2020 | $1,246,385,728▲13846% | $15,735,697▲52.4% | $1,259,204,996▲3290% | $1,259,204,996▲3290% | 990 |
| 2019 | $8,937,270▼76.2% | $10,324,041▲95405% | $37,142,000▼1.0% | $37,142,000▼1.0% | 990 |
| 2018 | $37,543,368 | $10,810 | $37,532,558 | $37,532,558 | 990 |
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.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brandon Baker | Asst. Treas. | 1 | — |
| C Chase Koch | Director/pres./sec./treas. | 1 | — |
| Douglas L Johns | Vice-president | 1 | — |
| Elaine M Kohler Resigned | Asst. Treas. | 0 | — |
| Jessica Stafford | Treasurer | 1 | — |
| Kelly A Kenney | Secretary | 1 | — |
| Raffaele G Fazio | Vice-president | 1 | — |
| Sierra Whitmore | Vice-president | 1 | — |
Grants made · $70.0M in FY2024
2 grants totaling $70.0M in FY2024. All grants made by Key Change Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Stand Together C4 Fund | General support | $50,000,000 |
| Movement Musick Inc | General support | $20,000,000 |
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Compare Key Change Inc
Frequently asked questions
- Is Key Change Inc a legitimate nonprofit?
- Yes. Key Change Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 83-3116152, based in Wichita, Kansas.
- What is Key Change Inc's EIN?
- Key Change Inc's Employer Identification Number (EIN) is 83-3116152.
- How much revenue does Key Change Inc report?
- Key Change Inc reported $61,714,079 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Key Change Inc's spending goes to programs?
- Key Change Inc spends about 73% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Key Change Inc have?
- CharityIndex grades Key Change Inc C, based on program efficiency and fundraising cost.
- How much does Key Change Inc's highest-paid employee make?
- The highest reported compensation on Key Change Inc's latest Form 990 is $0, paid to Brandon Baker (Asst. Treas.).
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Data for Key Change Inc (EIN 83-3116152) 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.