Mary K and Daniel M Kelly Foundation is a 501(c)(3) organization based in Des Moines, Iowa, registered in 2006, with $1,270,056 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.3M
▲ 21.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$805K
Net assets
$11.8M
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 Mary K and Daniel M Kelly 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 Mary K and Daniel M Kelly Foundation: 175 mo reserves · +37% 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 Mary K and Daniel M Kelly 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 Mary K and Daniel M Kelly Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $656K (FY2013) to $1.3M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
36.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11.8M
Total liabilities
$0
Net assets
$11.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,270,056▲21.9% | $805,038▲16.5% | $11,753,435▲3.6% | $11,753,435▲3.6% | 990PF |
| 2023 | $1,042,228▼16.3% | $690,790▲1.0% | $11,344,609▲3.5% | $11,344,609▲3.5% | 990PF |
| 2022 | $1,245,173▼50.6% | $684,080▲19.9% | $10,960,924▲5.1% | $10,960,924▲5.1% | 990PF |
| 2021 | $2,519,319▲235% | $570,334▲49.4% | $10,432,172▲22.7% | $10,432,172▲22.7% | 990PF |
| 2020 | $752,427▼75.2% | $381,746▲18.0% | $8,505,504▲29.1% | $8,505,504▲29.1% | 990PF |
| 2017 | $3,039,825▲1005% | $323,536▲37.6% | $6,588,057▲67.9% | $6,588,057▲67.9% | 990PF |
| 2016 | $275,095▼31.9% | $235,153▲2.3% | $3,924,911▲1.0% | $3,924,911▲1.0% | 990PF |
| 2015 | $403,913▼0.6% | $229,795▲13.6% | $3,884,969▲4.7% | $3,884,969▲4.7% | 990PF |
| 2014 | $406,225▼38.1% | $202,227▼5.3% | $3,710,851▲5.8% | $3,710,851▲5.8% | 990PF |
| 2013 | $656,382 | $213,545▲59.0% | $3,506,853▲14.5% | $3,506,853▲14.5% | 990PF |
| 2012 | — | $134,315▲0.4% | $3,064,016▲8.7% | $3,064,016▲8.7% | 990PF |
| 2011 | — | $133,724▼14.5% | $2,819,016▲4.3% | $2,819,016▲4.3% | 990PF |
| 2010 | — | $156,421 | $2,702,003 | $2,702,003 | 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 Mary K and Daniel M Kelly Foundation (EIN 20-1826362) 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.