Civic Intelligence

Key Change Inc

990 • Fiscal year 2018 • EIN 83-3116152

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 15, 2020

PO Box 5004Wichita, KS 67201

(316) 828-6768

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2018

Net Margin

98th percentile

100%

Higher net margin than 98% of similar nonprofits.

2018 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

16th percentile

$0

Higher top officer pay than 16% of similar nonprofits.

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

2018 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$37,532,558

No earlier filing loaded for comparison.

Net Assets

$37,532,558

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$37,543,368

No earlier filing loaded for comparison.

Expenses

$10,810

No earlier filing loaded for comparison.

Net Income

$37,532,558

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5B$1.0B$500M$0Assets 2018: $37,532,558Liabilities 2018: $0Net Assets 2018: $37,532,5582018Assets 2019: $37,142,000Liabilities 2019: $0Net Assets 2019: $37,142,0002019Assets 2020: $1,259,204,996Liabilities 2020: $0Net Assets 2020: $1,259,204,9962020Assets 2021: $1,278,082,464Liabilities 2021: $0Net Assets 2021: $1,278,082,4642021Assets 2022: $1,191,152,556Liabilities 2022: $0Net Assets 2022: $1,191,152,5562022Assets 2023: $1,246,044,443Liabilities 2023: $0Net Assets 2023: $1,246,044,4432023Assets 2024: $1,212,194,537Liabilities 2024: $0Net Assets 2024: $1,212,194,5372024

Highlighted filing

2018

Assets$37,532,558
Liabilities$0
Net Assets$37,532,558

Operations Trend

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

$1.5B$1.0B$500M$0-$500MRevenue 2018: $37,543,368Expenses 2018: $10,810Net Income 2018: $37,532,5582018Revenue 2019: $8,937,270Expenses 2019: $10,324,041Net Income 2019: -$1,386,7712019Revenue 2020: $1,246,385,728Expenses 2020: $15,735,697Net Income 2020: $1,230,650,0312020Revenue 2021: $69,570,660Expenses 2021: $98,630,671Net Income 2021: -$29,060,0112021Revenue 2022: $45,978,927Expenses 2022: $125,635,580Net Income 2022: -$79,656,6532022Revenue 2023: $133,946,713Expenses 2023: $79,054,826Net Income 2023: $54,891,8872023Revenue 2024: $61,714,079Expenses 2024: $95,563,987Net Income 2024: -$33,849,9082024

Highlighted filing

2018

Revenue$37,543,368
Expenses$10,810
Net Income$37,532,558
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 15, 2020
Return Version
2018v3.3
Gross Receipts
$37,543,368
Mission and Program Overview

Mission

N/A

GRANT-MAKING

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$0$37,532,558▲ $37,532,558
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$37,532,558▲ $37,532,558
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$0$37,532,558▲ $37,532,558
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$0$37,532,558▲ $37,532,558
Total Liabilities and Net Assets / Fund Balance$0$37,532,558▲ $37,532,558
Compensation and Service Providers

Board Members and Trustees

NameTitle
C Chase KochDirector/pres./sec./treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$36,996,894
Other Revenue
$546,474
Change in Net Assets
$37,532,558
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,810
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$10,810-$10,810
Total Functional Expenses$0$10,810$0$10,810
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Cckc4, inc. Has one class a member. Form 990, part vi, section a, line 7a the class a member has the power to appoint additional members of the governing body. Form 990, part vi, section a, line 7b governance decisions of the organization reserved to the class a member include: the power to amend, alter, or repeal the bylaws and the certificate of incorporation; to appoint additional class a members, to designate successor class a members, and/or to implement a plan of successor class a members; to dissolve the corporation; to adopt and approval of a plan of merger or consolidation or the transfer of substantially all the assets of the corporation; to elect directors and to remove directors; and to have full rights to and access to the corporation's books and records. Form 990, part vi, section a, line 8b cckc4, inc. Has only one director, therefore, there are no committees within the board. Form 990, part vi, section b, line 11b an independent accounting firm prepared and reviewed the form 990. A full draft of the 990 along with all required schedules is then provided to internal management and legal counsel for review. All questions are addressed and any modifications are made, if necessary. A full copy of the return was provided to the voting member of the board before filing.

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

Directors, officers, and employees are covered under the conflict of interest policy. Legal counsel meets periodically to review the policy and any potential conflicts, as needed. Any individual with a potential conflict may not participate in the governing body's deliberation and consideration of the transaction.

Form 990, Part VI, Section C, Line 19

The organization makes all required disclosures available to the public under irs regulations.

Filing and Contact Details

Filer

Filer Name
Cckc4 Inc
EIN
83-3116152
In Care Of
% KARA WORTHINGTON
Phone
3168286768
Address
PO BOX 5004, WICHITA, KS 67201

Signing Officer

Name
C Chase Koch
Title
President
Phone
3168286768
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
C Chase Koch
Formed
2018
Legal Domicile
De
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Bkd Llp
Address
1551 N WATERFRONT PKWY STE 300, WICHITA, KS 67206-6601
Preparer
Shawnell Linot
Phone
3162652811
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CCKC4, INC. HAS ONE CLASS A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE CLASS A MEMBER HAS THE POWER TO APPOINT ADDITIONAL MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS OF THE ORGANIZATION RESERVED TO THE CLASS A MEMBER INCLUDE: THE POWER TO AMEND, ALTER, OR REPEAL THE BYLAWS AND THE CERTIFICATE OF INCORPORATION; TO APPOINT ADDITIONAL CLASS A MEMBERS, TO DESIGNATE SUCCESSOR CLASS A MEMBERS, AND/OR TO IMPLEMENT A PLAN OF SUCCESSOR CLASS A MEMBERS; TO DISSOLVE THE CORPORATION; TO ADOPT AND APPROVAL OF A PLAN OF MERGER OR CONSOLIDATION OR THE TRANSFER OF SUBSTANTIALLY ALL THE ASSETS OF THE CORPORATION; TO ELECT DIRECTORS AND TO REMOVE DIRECTORS; AND TO HAVE FULL RIGHTS TO AND ACCESS TO THE CORPORATION'S BOOKS AND RECORDS. FORM 990, PART VI, SECTION A, LINE 8B CCKC4, INC. HAS ONLY ONE DIRECTOR, THEREFORE, THERE ARE NO COMMITTEES WITHIN THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARED AND REVIEWED THE FORM 990. A FULL DRAFT OF THE 990 ALONG WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO INTERNAL MANAGEMENT AND LEGAL COUNSEL FOR REVIEW. ALL QUESTIONS ARE ADDRESSED AND ANY MODIFICATIONS ARE MADE, IF NECESSARY. A FULL COPY OF THE RETURN WAS PROVIDED TO THE VOTING MEMBER OF THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS, OFFICERS, AND EMPLOYEES ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. LEGAL COUNSEL MEETS PERIODICALLY TO REVIEW THE POLICY AND ANY POTENTIAL CONFLICTS, AS NEEDED. ANY INDIVIDUAL WITH A POTENTIAL CONFLICT MAY NOT PARTICIPATE IN THE GOVERNING BODY'S DELIBERATION AND CONSIDERATION OF THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ALL REQUIRED DISCLOSURES AVAILABLE TO THE PUBLIC UNDER IRS REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1CKI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3STCC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4CKI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5CKI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHASE KOCH FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CHARLES KOCH FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2CHARLES KOCH INSTITUTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3STAND TOGETHER TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4STAND TOGETHER FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5KNOWLEDGE & PROGRESS FUND INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0831697305
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1480918408
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2274967732
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3463508366
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4273197768
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DE
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FOUNDATION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3GRANT MAKING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4PUBLIC CHARIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt17
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt47
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt57
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 5004
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11320 N COURTHOUSE RD STE 500
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt21320 N COURTHOUSE RD STE 500
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt31320 N COURTHOUSE RD STE 500
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt41320 N COURTHOUSE RD STE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt51320 N COURTHOUSE RD STE 500
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WICHITA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ARLINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2ARLINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3ARLINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm4ARLINGTON
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0KS
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3VA
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd067201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd122201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd222201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd322201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd422201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd522201
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
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IRS990ScheduleR/PaidEmployeesSharingInd0false
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IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
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IRS990/SchoolOperatingInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
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IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt037532558
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt037532558
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010810
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt010810
IRS990/TotalGrossUBIAmt0546474
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IRS990/TotalLiabilitiesGrp/BOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt037532558
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt036996894
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt037543368
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0546474
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt037532558
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt00

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