Civic Intelligence

Key Concepts Inc.

990 • Fiscal year 2020 • EIN 27-4100877

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 12, 2021

5025 Salt Trail Canyon PassFort Wayne, IN 46808

(260) 478-2635

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

55th percentile

8.6%

Higher net margin than 55% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

61st percentile

13%

Faster asset growth than 61% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

-6.9%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$277,286

Up $32,305 (+13%) from 2019

Net Assets

Up

$276,226

Up $42,497 (+18%) from 2019

Liabilities

Down

$1,060

Down $10,192 (-91%) from 2019

Revenue

Down

$492,534

Down $36,378 (-6.9%) from 2019

Expenses

Down

$450,037

Down $38,523 (-7.9%) from 2019

Net Income

Up

$42,497

Up $2,145 (+5.3%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $117,413Liabilities 2015: $8,159Net Assets 2015: $109,2542015Assets 2016: $170,817Liabilities 2016: $4,498Net Assets 2016: $166,3192016Assets 2017: $185,304Liabilities 2017: $9,399Net Assets 2017: $175,9052017Assets 2018: $203,487Liabilities 2018: $10,110Net Assets 2018: $193,3772018Assets 2019: $244,981Liabilities 2019: $11,252Net Assets 2019: $233,7292019Assets 2020: $277,286Liabilities 2020: $1,060Net Assets 2020: $276,2262020Assets 2021: $355,348Liabilities 2021: $3,073Net Assets 2021: $352,2752021Assets 2022: $353,797Liabilities 2022: $475Net Assets 2022: $353,3222022Assets 2024: $430,140Liabilities 2024: $23,137Net Assets 2024: $407,0032024

Highlighted filing

2020

Assets$277,286
Liabilities$1,060
Net Assets$276,226

Operations Trend

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

$600K$400K$200K$0Revenue 2015: $501,044Expenses 2015: $479,790Net Income 2015: $21,2542015Revenue 2016: $526,695Expenses 2016: $469,630Net Income 2016: $57,0652016Revenue 2017: $484,012Expenses 2017: $474,426Net Income 2017: $9,5862017Revenue 2018: $495,045Expenses 2018: $477,573Net Income 2018: $17,4722018Revenue 2019: $528,912Expenses 2019: $488,560Net Income 2019: $40,3522019Revenue 2020: $492,534Expenses 2020: $450,037Net Income 2020: $42,4972020Revenue 2021: $559,133Expenses 2021: $483,084Net Income 2021: $76,0492021Revenue 2022: $594,845Expenses 2022: $593,798Net Income 2022: $1,0472022Revenue 2024: $531,070Expenses 2024: $474,427Net Income 2024: $56,6432024

Highlighted filing

2020

Revenue$492,534
Expenses$450,037
Net Income$42,497
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 12, 2021
Return Version
2020v4.1
Gross Receipts
$492,534
Mission and Program Overview

Mission

To promote the public interest and social welfare in the development of communities which will improve the quality of life for people by: (a) identifying, equipping, and empowering leaders who can assist communities in developing solutions to community challenges through existing sustainable resources, and (b) creating and sustaining a network that will allow leaders to communicate directly with each other.

We train future leaders to be involved in their communities as humanitarian goodwill ambassadors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$243,330$277,286▲ $33,956
Prepaid Expenses and Deferred Charges$1,613$0▼ $1,613
Accounts Receivable$38$0▼ $38
Total Assets$244,981$277,286▲ $32,305
Liabilities
Accounts Payable and Accrued Expenses$11,252$1,060▼ $10,192
Total Liabilities$11,252$1,060▼ $10,192
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$166,696$204,642▲ $37,946
Net Assets With Donor Restrictions$67,033$71,584▲ $4,551
Total Net Assets Fund Balance$233,729$276,226▲ $42,497
Total Liabilities and Net Assets / Fund Balance$244,981$277,286▲ $32,305
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lee DeturkPresident
Steve HaysVice President
John PetersonBoard Member
Chris AdamsSecretary
Barry SteinmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$490,421
Program Service Revenue
$0
Investment Income
$2,113
Other Revenue
$0
All Other Contributions
$490,421
Change in Net Assets
$42,497

Audited Revenue Reconciliation

Revenue per Audited Statements
$492,534
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$492,534
Total Revenue per Form 990
$492,534
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$236,719
Salaries, Compensation, and Employee Benefits$213,318
Total Fundraising Expense$9,939
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$183,354--$183,354
Fees for Services Management$13,049$52,206-$65,255
Payroll Taxes$29,964--$29,964
All Other Expenses-$4,718$8,737$13,455
Other Expenses$13,299--$13,299
Fees for Services Accounting-$5,514-$5,514
Office Expenses-$1,066$1,202$2,268
Insurance$1,359$447-$1,806
Total Functional Expenses$376,147$63,951$9,939$450,037

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$450,037
Total Expenses per Audited Statements$450,037
Total Expenses per Form 990$450,037
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
8
Spending
$376,147

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaProgram ServiceInstruction02$152,715
East Asia and the PacificProgram ServiceInstruction04$116,970
Europe (including Iceland & Greenland)Program ServiceInstruction02$106,462
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
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

Before the return is prepared by our outside accounting firm, a detailed background questionnaire is prepared. Upon completion, the return is reviewed in detail by the executive director, the treasurer, and the governing board before being filed.

Form 990, Part VI, Section B, Line 12C

Each year the board of directors is required to fill out a new conflict of interest form.

Form 990, Part VI, Section C, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Key Concepts Inc
EIN
27-4100877
Phone
2604782635
Address
5025 SALT TRAIL CANYON PASS, FORT WAYNE, IN 46808

Signing Officer

Name
Lee Deturk
Title
President
Phone
2604782635
Signed
2021-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Deturk
Formed
2012
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
6
Volunteers
5

Preparer

Firm
Ksm Business Services Inc
Address
202 WEST BERRY STREET SUITE 600, FORT WAYNE, IN 46802
Preparer
Phillip Mckenzie
Phone
2604968297
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The finance committee reviews the draft of the financial statement and approves.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Therefore, no provision or liability for income taxes has been included in the financial statements. In addition, the organization has been determined by the internal revenue service not to be a private foundation within the meaning of section 509(a) of the internal revenue code. There was no unrelated business income for the years ended december 31, 2020 and 2019. The organization files u.s. Federal and indiana information tax returns. The organization is no longer subject to u.s. Federal and state income tax examinations by tax authorities for years before 2017.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019. THE ORGANIZATION FILES U.S. FEDERAL AND INDIANA INFORMATION TAX RETURNS. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0450037
IRS990ScheduleD/TotalRevenuePerForm990Amt0492534
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0492534
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0450037
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt12
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt24
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0106462
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1152715
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt2116970
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1MIDDLE EAST AND NORTH AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0INSTRUCTION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1INSTRUCTION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2INSTRUCTION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICE
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt08
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0376147
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt08
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0376147
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BEFORE THE RETURN IS PREPARED BY OUR OUTSIDE ACCOUNTING FIRM, A DETAILED BACKGROUND QUESTIONNAIRE IS PREPARED. UPON COMPLETION, THE RETURN IS REVIEWED IN DETAIL BY THE EXECUTIVE DIRECTOR, THE TREASURER, AND THE GOVERNING BOARD BEFORE BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH YEAR THE BOARD OF DIRECTORS IS REQUIRED TO FILL OUT A NEW CONFLICT OF INTEREST FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINANCE COMMITTEE REVIEWS THE DRAFT OF THE FINANCIAL STATEMENT AND APPROVES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0244981
IRS990/TotalAssetsEOYAmt0277286
IRS990/TotalAssetsGrp/BOYAmt0244981
IRS990/TotalAssetsGrp/EOYAmt0277286
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0490421
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09939
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt063951
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0376147
IRS990/TotalFunctionalExpensesGrp/TotalAmt0450037
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011252
IRS990/TotalLiabilitiesEOYAmt01060
IRS990/TotalLiabilitiesGrp/BOYAmt011252
IRS990/TotalLiabilitiesGrp/EOYAmt01060
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0233729
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0276226
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0376147
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02113
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0492534
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0244981
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0277286
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05025 SALT TRAIL CANYON PASS
IRS990/USAddress/CityNm0FORT WAYNE
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046808
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0KEYCONCEPTSINT.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LEE DETURK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02604782635
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KEY CONCEPTS INC
ReturnHeader/Filer/BusinessNameControlTxt0KEYC
ReturnHeader/Filer/EIN0274100877
ReturnHeader/Filer/PhoneNum02604782635
ReturnHeader/Filer/USAddress/AddressLine1Txt05025 SALT TRAIL CANYON PASS
ReturnHeader/Filer/USAddress/CityNm0FORT WAYNE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046808
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352123203
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KSM BUSINESS SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0202 WEST BERRY STREET SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WAYNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046802
ReturnHeader/PreparerPersonGrp/PhoneNum02604968297
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PHILLIP MCKENZIE
ReturnHeader/ReturnTs02021-08-24T11:35:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LEE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DETURK
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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