Nonprofit · EIN 59-3084372
KEYSTONE CHALLENGE FUND INC
Tax-exempt · LAKELAND, FL 33813
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $863,069 | $896,229 | -$33,160 | $737,355 | $10,726 | $726,629 |
| December 31, 2024 | 990 | $647,466 | $645,836 | $1,630 | $813,635 | $53,846 | $759,789 |
| December 31, 2023 | 990 | $190,341 | $278,382 | -$88,041 | $954,376 | $196,217 | $758,159 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $48,799
- of which government grants
- $48,799
- Program service revenue
- $819,520
- Investment income
- $6,588
- Net income from sales of inventory
- -$11,838
- Other revenue
- -$11,838
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $6,350
- Other salaries and wages
- $118,175
- Salaries, compensation and benefits (total)
- $130,523
- Professional fundraising fees
- $0
- Accounting fees
- $5,075
- Occupancy
- $842
- Travel
- $9,406
- Depreciation
- $7,771
- Program services (functional)
- $848,423
- Management and general (functional)
- $42,559
- Fundraising (functional)
- $5,247
Balance sheet and other
- Total assets, start of year
- $813,635
- Total assets, end of year
- $737,355
- Total liabilities, end of year
- $10,726
- Net assets, end of year
- $726,629
- Land, buildings and equipment
- $32,587
- Net assets without donor restrictions
- $726,629
- Gross receipts
- $874,907
- Employees
- 2
- Year formed
- 1991
- State of legal domicile
- FL
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF BAGWELL | PRESIDENT Officer | 40 | $110,175 |
| BETH NEIMEYER | VICE PRESIDE Officer | 4 | $8,000 |
| OD JONES | BOARD MEMBER Trustee or director | – | $0 |
| BRENDA VAUGHN | BOARD MEMBER Trustee or director | – | $0 |
| FRANK COMPARETTO | BOARD MEMBER Trustee or director | – | $0 |
| JOYCE BROCK | ADVISORY BOA Trustee or director | 0 | $0 |
| CODY STANLEY | ADVISORY BOA Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF BAGWELL | PRESIDENT Officer | 40 | $106,966 |
| BETH NEIMEYER | VICE PRESIDE Officer | 0 | $17,500 |
| AL REESE | BOARD CHAIR Trustee or director | 0 | $0 |
| OD JONES | BOARD MEMBER Trustee or director | 0 | $0 |
| BRENDA VAUGHN | BOARD MEMBER Trustee or director | 0 | $0 |
| FRANK COMPARETTO | BOARD MEMBER Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF BAGWELL | PRESIDENT Officer | – | $0 |
| BETH NEIMEYER | VICE PRESIDE Officer | – | $0 |
| AL REESE | BOARD CHAIR Trustee or director | – | $0 |
| CODY STALEY | BOARD MEMBER Trustee or director | – | $0 |
| OD JONES | BOARD MEMBER Trustee or director | – | $0 |
| BRENDA VAUGHN | ADVISORY BRD Trustee or director | – | $0 |
| JOYCE BROCK | ADVISORY BD Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 4200 S FLORIDA AVE, LAKELAND, FL 33813-1628
- In care of
- % JEFF BAGWELL
- Principal officer (990 for 2025)
- JEFF BAGWELL, PO BOX 6238, LAKELAND, FL 33807
- Signed the 990
- JEFF BAGWELL, PRESIDENT
- Phone
- (863) 682-1025
- Website
- KEYSTONECHALLENGE.ORG
- Return prepared by
- DARYL A JOHNSON CPA
Mission
COORDINATING FINANCIAL ASSISTANCE AND EDUCATIONAL SERVICES TO INDIVIDUALS AND FAMILIES QUALIFYING FOR LOW INCOME AND AFFORDABLE HOUSING OPPORTUNITIES
Program accomplishments
- COSTS AND EXPENDITURES RELATING TO THE ORGANIZATION'S PURPOSE FOR LOW INCOME AND AFFORDABLE HOUSING OPPORTUNITIESExpenses $848,423 · revenue $868,319
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-3084372
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $737,355
- Income (IRS master file)
- $874,907
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $863,069 | $896,229 | $737,355 | XML |
| 990 | December 2024 | $647,466 | $645,836 | $813,635 | XML |
| 990 | December 2023 | $190,341 | $278,382 | $954,376 | XML |
| 990 | December 2022 | $324,601 | $544,687 | $1,149,532 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 59-3084372).
Questions about KEYSTONE CHALLENGE FUND INC
- What is the EIN of KEYSTONE CHALLENGE FUND INC?
- The employer identification number (EIN) of KEYSTONE CHALLENGE FUND INC is 59-3084372.
- Is KEYSTONE CHALLENGE FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to KEYSTONE CHALLENGE FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KEYSTONE CHALLENGE FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KEYSTONE CHALLENGE FUND INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KEYSTONE CHALLENGE FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of KEYSTONE CHALLENGE FUND INC?
- The 990 for the year ended December 31, 2025 names JEFF BAGWELL.
- Who are the officers and directors of KEYSTONE CHALLENGE FUND INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $110,175 (JEFF BAGWELL, PRESIDENT).
- How much revenue does KEYSTONE CHALLENGE FUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $863,069, expenses of $896,229 and total assets of $737,355 at year end.
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