Civic Intelligence

The Keystone Project Inc.

990 • Fiscal year 2016 • EIN 27-0563608

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 30, 2017

420 Pankratz DrKeystone, SD 57751

(605) 390-7925

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

8th percentile

0.00x

Higher debt load relative to revenue than 8% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

6th percentile

-52%

Higher net margin than 6% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

31st percentile

$78,780

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

18th percentile

-5.4%

Faster asset growth than 18% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-17%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$7,563,734

Down $430,169 (-5.4%) from 2015

Net Assets

Down

$7,562,171

Down $428,453 (-5.4%) from 2015

Liabilities

Down

$1,563

Down $1,716 (-52%) from 2015

Revenue

Down

$819,619

Down $167,512 (-17%) from 2015

Expenses

Up

$1,248,072

Up $453,571 (+57%) from 2015

Net Income

Down

-$428,453

Down $621,083 (-322%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $7,800,629Liabilities 2014: $2,635Net Assets 2014: $7,797,9942014Assets 2015: $7,993,903Liabilities 2015: $3,279Net Assets 2015: $7,990,6242015Assets 2016: $7,563,734Liabilities 2016: $1,563Net Assets 2016: $7,562,1712016Assets 2017: $7,513,132Liabilities 2017: $67,845Net Assets 2017: $7,445,2872017Assets 2018: $7,225,182Liabilities 2018: $77,510Net Assets 2018: $7,147,6722018Assets 2019: $7,080,954Liabilities 2019: $58,126Net Assets 2019: $7,022,8282019Assets 2020: $6,751,918Liabilities 2020: $50,412Net Assets 2020: $6,701,5062020Assets 2021: $6,738,164Liabilities 2021: $13,539Net Assets 2021: $6,724,6252021Assets 2022: $6,679,763Liabilities 2022: $24,213Net Assets 2022: $6,655,5502022Assets 2023: $6,395,870Liabilities 2023: $35,868Net Assets 2023: $6,360,0022023Assets 2024: $6,175,009Liabilities 2024: $301,247Net Assets 2024: $5,873,7622024

Highlighted filing

2016

Assets$7,563,734
Liabilities$1,563
Net Assets$7,562,171

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2014: $574,713Expenses 2014: $679,917Net Income 2014: -$105,2042014Revenue 2015: $987,131Expenses 2015: $794,501Net Income 2015: $192,6302015Revenue 2016: $819,619Expenses 2016: $1,248,072Net Income 2016: -$428,4532016Revenue 2017: $954,156Expenses 2017: $1,071,040Net Income 2017: -$116,8842017Revenue 2018: $872,592Expenses 2018: $1,113,386Net Income 2018: -$240,7942018Revenue 2019: $923,654Expenses 2019: $1,048,498Net Income 2019: -$124,8442019Revenue 2020: $730,522Expenses 2020: $1,051,844Net Income 2020: -$321,3222020Revenue 2021: $737,505Expenses 2021: $714,386Net Income 2021: $23,1192021Revenue 2022: $362,836Expenses 2022: $789,065Net Income 2022: -$426,2292022Revenue 2023: $520,371Expenses 2023: $715,917Net Income 2023: -$195,5462023Revenue 2024: $387,286Expenses 2024: $864,728Net Income 2024: -$477,4422024

Highlighted filing

2016

Revenue$819,619
Expenses$1,248,072
Net Income-$428,453
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 30, 2017
Return Version
2016v3.0
Gross Receipts
$819,619
Mission and Program Overview

Mission

Keystone project is a global network of churches and leaders committed to encourage and facilitate the launching of disciple-making movements around the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,576,398$7,461,543▼ $114,855
Cash and Non-Interest-Bearing Accounts$411,098$102,191▼ $308,907
Receivables From Officers Etc$6,407$0▼ $6,407
Total Assets$7,993,903$7,563,734▼ $430,169
Liabilities
Accounts Payable and Accrued Expenses$3,279$1,563▼ $1,716
Total Liabilities$3,279$1,563▼ $1,716
Net Assets / Fund Balance
Unrestricted Net Assets$7,935,137$7,425,623▼ $509,514
Temporarily Rstr Net Assets$55,487$136,548▲ $81,061
Total Net Assets Fund Balance$7,990,624$7,562,171▼ $428,453
Total Liabilities and Net Assets / Fund Balance$7,993,903$7,563,734▼ $430,169

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,290,770$1,014,630$7,305,400
Land$989,800-$989,800
Leasehold Improvements$146,262$103,165$249,427
Equipment$34,711$43,757$78,468
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Richard GreenePresidentFT$78,780$78,780

Board Members and Trustees

NameTitle
David JonesDirector
Jim BridgesDirector
William WolffDirector
Donald WaybrightSecretary
Steve ZurcherTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$687,220
Program Service Revenue
$0
Investment Income
$4
Other Revenue
$132,395
All Other Contributions
$687,220
Change in Net Assets
$-428,453
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$709,153
Salaries, Compensation, and Employee Benefits$538,919
Total Fundraising Expense$77,888
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$468,860$59,281$10,778$538,919
Depreciation Depletion$250,528$31,316$31,316$313,160
Travel$81,630$10,204$10,204$102,038
Fees for Services Accounting$12,174$39,579$1,522$53,275
Occupancy$17,154$2,144$2,144$21,442
Office Expenses$15,859$1,982$1,982$19,823
Insurance$11,166$1,396$1,396$13,958
Other Expenses$1,945$242$243$2,430
Information Technology$1,240$155$155$1,550
Total Functional Expenses$1,005,737$164,447$77,888$1,248,072
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$6,407$0▼ $6,407
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

A copy of the form 990 is distributed electronically to each of the board members for review prior to filing.

Form 990, Part VI, Section B, line 15B

The board reviews the compensation of the president each year and compares his compensation package to other presidents of other organizations of similar size and function and sets the compensation package accordingly.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents and financial statements avaialble to the public upon written request.

Filing and Contact Details

Filer

Filer Name
The Keystone Project Inc
EIN
27-0563608
Phone
6053907925
Address
420 PANKRATZ DR, KEYSTONE, SD 57751

Signing Officer

Name
Richard Greene
Title
Director
Phone
6053907925
Signed
2017-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Greene
Formed
2010
Legal Domicile
In
Voting Board Members
6
Independent Board Members
5
Employees
29
Volunteers
35

Preparer

Firm
Casey Peterson Ltd
Address
909 ST JOSEPH ST SUITE 101, RAPID CITY, SD 57701
Preparer
Deidre Budahl CPA
Phone
6053481930
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0178800
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0759185
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0819134
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0986640
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0570686
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0387271
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0435885
IRS990ScheduleA/Total509Grp/TotalAmt03199616
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0819619
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0987131
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0574713
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0395784
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0446083
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03223330
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt06290770
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01014630
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07305400
IRS990ScheduleD/EquipmentGrp/BookValueAmt034711
IRS990ScheduleD/EquipmentGrp/DepreciationAmt043757
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt078468
IRS990ScheduleD/LandGrp/BookValueAmt0989800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0989800
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0146262
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0103165
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0249427
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07461543
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS DISTRIBUTED ELECTRONICALLY TO EACH OF THE BOARD MEMBERS FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEWS THE COMPENSATION OF THE PRESIDENT EACH YEAR AND COMPARES HIS COMPENSATION PACKAGE TO OTHER PRESIDENTS OF OTHER ORGANIZATIONS OF SIMILAR SIZE AND FUNCTION AND SETS THE COMPENSATION PACKAGE ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAIALBLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0454435059
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0SD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0RUN AND MANAGE THE HOTEL OPERATED IN THE BUILDING OWNED BY THE ORGANIZATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0KEYSTONE PROJECT SERVICES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0320 CEMETERY RD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0KEYSTONE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0SD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd057751
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0208805669
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1461806232
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1NH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.04630
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct10.04630
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0UNRELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt1UNRELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0OIL WELL OPERATIONS
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1OIL WELL OPERATIONS
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0RICKERS RANCH PROSPECT JV
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1RICKERS RANCH OFFSETS II JV
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt018 CONGRESS STREET SUITE 207
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt118 CONGRESS STREET SUITE 207
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0PORTSMOUTH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1PORTSMOUTH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1NH
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd003801
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd103801
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd01
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0290000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1218
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2263
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH CONTRIBUTION
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ROYALTY PAID IN CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2ROYALTY PAID IN CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0KEYSTONE PROJECT SERVICES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1RICKERS RANCH PROSPECT JV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2RICKERS RANCH OFFSETS II JV
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1A
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2A
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt055487
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0136548
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07993903
IRS990/TotalAssetsEOYAmt07563734
IRS990/TotalAssetsGrp/BOYAmt07993903
IRS990/TotalAssetsGrp/EOYAmt07563734
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0687220
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt077888
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0164447

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.18$0.30$5.87$0.39$0.86$0.48
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.40$0.04$6.36$0.52$0.72$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.68$0.02$6.66$0.36$0.79$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.74$0.01$6.72$0.74$0.71$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.75$0.05$6.70$0.73$1.05$0.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.08$0.06$7.02$0.92$1.05$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.23$0.08$7.15$0.87$1.11$0.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.51$0.07$7.45$0.95$1.07$0.12
2016Detailed filing. Detailed filing data is available for this year.$7.56$0.00$7.56$0.82$1.25$0.43
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.99$0.00$7.99$0.99$0.79$0.19
2014Detailed filing. Detailed filing data is available for this year.$7.80$0.00$7.80$0.57$0.68$0.11