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Nonprofit · EIN 22-2866747

KEY FOUNDATION INC

Tax-exempt (reinstated) · FRAMINGHAM, MA 01701

Financials

$35K$36K2023$30K$45K2024
Revenue Expenses · by fiscal year end
Financials of KEY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$29,774$44,962-$15,188$30,357$0$30,357
December 31, 2023990-EZ$35,459$36,255-$796$45,545$0$45,545
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,456
Net income from fundraising events
$17,318

Expenses

Grants and similar amounts paid
$43,618
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$500
Occupancy
$820
Other expenses
$24

Balance sheet and other

Total assets, start of year
$45,545
Total assets, end of year
$30,357
Total liabilities, end of year
$0
Net assets, end of year
$30,357
Cash, savings and investments
$9,626
Land and buildings
$10,500
Gross receipts
$39,613

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Francis J BarreChairman of the Board5$0
Brian J LobaoPresident5$0
Andrew M RubensteinTreasurer5$0
Robert C GarrahanDirector5$0
Daniel H FarrellDirector5$0
Stephan A GouldLegal Council and Director5$0
Dennis LivoliDirector5$0
Thomas F Markham IIIFounder and Sr VP5$0
Daniel MurphyVP of TFK Scholarships5$0
Josh RattyDirector5$0
Bennett A SawyerVP of Membership5$0
Keith LordDirector5$0
990-EZ for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
Francis J BarreChairman of the Board5$0
Brian J LobaoPresident5$0
Andrew M RubensteinTreasurer5$0
Robert C GarrahanDirector5$0
Daniel H FarrellDirector5$0
Stephan A GouldLegal Council and Director5$0
Dennis LivoliDirector5$0
Thomas F Markham IIIFounder and Sr VP5$0
Daniel MurphyVP of TFK Scholarships5$0
Josh RattyDirector5$0
Bennett A SawyerVP of Membership5$0
Keith LordDirector5$0

Address and contacts

Address (IRS master file)
10 SPEEN STREET, FRAMINGHAM, MA 01701-4661
Signed the 990-EZ
Andrew M Rubenstein, Treasurer
Phone
(508) 969-9988
Return prepared by
Liscombe & Parrella PC

Mission

Youth enhancement program support

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Provided program supplies for local councils Boy Scout Camps
  • Provided scholarships to local Boy Scout Councils
    grants $1,030

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-N for KEY FOUNDATION INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
22-2866747
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$30,357
Income (IRS master file)
$39,613

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
December 17, 2013
Reinstated
Effective December 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$29,774$44,962$30,357XML
990-EZDecember 2023$35,459$36,255$45,545XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2866747).

Questions about KEY FOUNDATION INC

What is the EIN of KEY FOUNDATION INC?
The employer identification number (EIN) of KEY FOUNDATION INC is 22-2866747.
Is KEY FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective December 15, 2012.
Are donations to KEY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KEY FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of KEY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KEY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of KEY FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does KEY FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $29,774, expenses of $44,962 and total assets of $30,357 at year end.

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