Key Foundations in Baton Rouge, Louisiana (LA)

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Key Foundations
Employer Identification Number (EIN)760765352
Name of OrganizationKey Foundations
In Care of NameCarolyn Myer
Address3180 Convention St, Baton Rouge, LA 70806-3742
SubsectionEducational Organization
Ruling Date04/2005
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2010
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$24,178
Amount of Income$208,248
Form 990 Revenue Amount$208,248
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Elementary, Secondary Education, K - 12


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Amount of income in 2010: $208,248 (it was $29,041 in 2011)
Key Foundations: 

 $208,248
Other organizations performing similar types of work: 

 $435,676

Assets in 2010: $24,178 (it was $9,046 in 2011)
This organization: 

 $24,178
Other organizations performing similar types of work: 

 $146,639

Expenses in 2011: $43,231
This organization: 

 $43,231
Other organizations performing similar types of work: 

 $452,289

Income to expenses ratio in 2011: 4.8
Key Foundations: 

 4.8
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2011: 70.0%
This organization: 

 70.0%
Other organizations performing similar types of work: 

 2.5%

Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$29,041
Contributions, gifts, grants, and similar amounts received$20,320
Program service revenue including government fees and contracts$8,487
Membership dues and assessments$0
Investment income$234
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$43,231
Total net assets$6,357
Deficit for the year$-14,190
Net assets or fund balances at beginning of year$20,547
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$9,046
Total liabilities$2,689
Net assets or fund balances$6,357
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Ross Institute18 Goodfriend Dr, East Hampton, NY 11937-2584NY2007-08$60,531,623
2San Francisco Friends School, Paula Haarvei250 Valencia St, San Francisco, CA 94103-2322CA2001-09$13,456,969
3Universal Institute Charter School800 S 15th St, Philadelphia, PA 19146-2105PA1999-06$8,544,428
4Beekman Alumni And Friends Inc, Beekman Charter School15190 A M Baker Rd, Bastrop, LA 71220-6408LA2014-07$6,419,252
5Shreveport Charter Foundation Inc2290 Clyde Fant Pkwy, Shreveport, LA 71104-2840LA2013-09$5,916,718
6Bishop Noland Episcopal Day School, Episcopal Day School803 Division St, Lake Charles, LA 70601-4342LA2014-10$3,563,355
7Virtual Academy Of Lafourche Inc639 Harrison St, Thibodaux, LA 70301-2739LA2014-08$2,357,774
8Bens Ford Christian School59253 Mount Pleasant Rd, Bogalusa, LA 70427-0731LA2013-04$1,668,773
9Starkey Academy Inc10510 Joor Rd, Baton Rouge, LA 70818-3903LA2000-09$1,100,790
10Citizens Committee For Education, Homer A Plessy Community SchoolPo Box 2228, Baton Rouge, LA 70821LA2013-07$956,534
11Waldorf Parents Association517 Soraparu St Apt 101, New Orleans, LA 70130-2001LA2001-11$677,518
12Youngsville Christian Home School480 Almonaster Rd, Youngsville, LA 70592-6118LA2011-08$508,558
13Bricolage Academy4238 St Charles Avenue, New Orleans, LA 70115LA2013-08$362,548
14Unity Christian Academy211 J B Rd, Lafayette, LA 70506-2636LA2014-03$336,027
15Louisiana New School Academy1900 North Blvd, Baton Rouge, LA 70806-3613LA2011-03$192,155
16Covenant Grace Christian Academy Inc2110 E Mcneese St, Lake Charles, LA 70607-5026LA2012-11$190,099
17The Creative Learning Center Of Louisiana3715 Division St, Metairie, LA 70002-4617LA2009-01$62,028
18Berean Education Resources12221 Schlayer Ave, Baton Rouge, LA 70816LA2013-06$52,957
19Beacon Prep Inc1325 Pecan Avenue, Metairie, LA 70001LA2008-12$0
20Central City Schools1631 South Rampart Street, New Orleans, LA 70113LA2006-05$0
Number of organizations performing similar types of work
Alaska4
Alabama56
Arkansas44
Arizona99
California367
Colorado100
Connecticut34
District of Columbia29
Delaware13
Florida275
Georgia189
Hawaii11
Iowa26
Idaho29
Illinois142
Indiana81
Kansas24
Kentucky54
Louisiana48
Massachusetts62
Maryland70
Maine23
Michigan48
Minnesota81
Missouri109
Mississippi50
Montana19
North Carolina120
North Dakota5
Nebraska22
New Hampshire14
New Jersey117
New Mexico36
Nevada23
New York164
Ohio107
Oklahoma45
Oregon72
Pennsylvania128
Rhode Island8
South Carolina57
South Dakota7
Tennessee68
Texas323
Utah28
Virginia113
Vermont14
Washington105
Wisconsin76
West Virginia16
Wyoming5
International38
Total3,798

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