Civic Intelligence

Key Change Inc

990 • Fiscal year 2022 • EIN 83-3116152

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

PO Box 5004Wichita, KS 67201

(316) 828-0900

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

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

2022 filings • $1B+ nonprofits • Source year 2022

Liabilities / Revenue

4th percentile

0.00x

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

2022 filings • $1B+ nonprofits • Source year 2022

Net Margin

2nd percentile

-173%

Higher net margin than 2% of similar nonprofits.

2022 filings • $1B+ nonprofits • Source year 2022

Top Officer Pay

5th percentile

$0

Higher top officer pay than 5% of similar nonprofits.

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

2022 filings • $1B+ nonprofits • Source year 2022

Asset Growth

28th percentile

-6.8%

Faster asset growth than 28% of similar nonprofits.

2022 filings • $1B+ nonprofits • Annualized from 2021 to 2022

Revenue Growth

12th percentile

-34%

Faster revenue growth than 12% of similar nonprofits.

2022 filings • $1B+ nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,191,152,556

Down $86,929,908 (-6.8%) from 2021

Net Assets

Down

$1,191,152,556

Down $86,929,908 (-6.8%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$45,978,927

Down $23,591,733 (-34%) from 2021

Expenses

Up

$125,635,580

Up $27,004,909 (+27%) from 2021

Net Income

Down

-$79,656,653

Down $50,596,642 (-174%) from 2021

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

2022

Assets$1,191,152,556
Liabilities$0
Net Assets$1,191,152,556

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

2022

Revenue$45,978,927
Expenses$125,635,580
Net Income-$79,656,653
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$46,318,042
Mission and Program Overview

Mission

N/A

Supporting principled based organizations that empower people to realize their potential

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,179,486,886$1,130,404,981▼ $49,081,905
Savings and Temporary Cash Investments$98,595,578$60,747,575▼ $37,848,003
Total Assets$1,278,082,464$1,191,152,556▼ $86,929,908
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,278,082,464$1,191,152,556▼ $86,929,908
Total Net Assets Fund Balance$1,278,082,464$1,191,152,556▼ $86,929,908
Total Liabilities and Net Assets / Fund Balance$1,278,082,464$1,191,152,556▼ $86,929,908

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$62,515,760--
Compensation and Service Providers

Board Members and Trustees

NameTitle
C Chase KochDirector/pres./sec./treas.
Elaine M KohlerAsst. Treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$21,305,565
Program Service Revenue
$0
Investment Income
$25,519,200
Other Revenue
$-845,838
All Other Contributions
$21,305,565
Change in Net Assets
$-79,656,653
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$111,215,000
Other Expenses$14,420,580
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$111,215,000--$111,215,000
Other Expenses-$4,779,958-$4,779,958
Fees for Services Legal-$14,688-$14,688
Fees for Services Accounting-$2,966-$2,966
Total Functional Expenses$111,215,000$14,420,580$0$125,635,580
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Stand Together C4 FundArlington, VA501 (c) (4)General Support$65,000,000
Music C4 IncWichita, KS501 (c) (4)General Support$45,000,000
Music Ecosystems and Artist Development Organization of Wichita IncWichita, KS501 (c) (4)General Support$1,215,000
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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 2

Officer and director have a business relationship

Form 990, Part VI, Section A, Line 4

The organization's bylaws and the certificate of incorporation were amended to change the member and rights and privileges afforded to the member.

Form 990, Part VI, Section A, Line 6

Cckc4, inc. Has one member.

Form 990, Part VI, Section A, Line 7A

The member has the power to appoint additional members of the governing body.

Form 990, Part VI, Section A, Line 7B

The member has the power, among other things, to amend the bylaws and the certificate of incorporation and elect and remove directors.

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

An accounting professional prepared and reviewed the form 990. A full draft of the 990 along with all required schedules is 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.

Form 990, Part VI, Section C, Line 19

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

FORM 990, PART VI, SECTION B, LINE 15A AND 15B:

Cckc4, inc. Did not have any compensated directors, officers or key employees.

Filing and Contact Details

Filer

Filer Name
Cckc4 Inc
EIN
83-3116152
Phone
3168280900
Address
PO BOX 5004, WICHITA, KS 67201

Signing Officer

Name
Elaine M Kohler
Title
Assistant Treasurer
Phone
3168280900
Signed
2023-11-14

Organization Details

Principal Officer
C Chase Koch
Formed
2018
Legal Domicile
De
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
2
Raw XML AppendixShowing 400 of 501 raw XML fields

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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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MUSIC C4 INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2MUSIC ECOSYSTEMS AND ARTIST DEVELOPMENT ORGANIZATION OF WICHITA INC
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22140 N RIVERSIDE BLVD
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDED GRANTS TO THE ABOVE-MENTIONED ENTITIES FOR GENERAL OPERATING SUPPORT. THE GRANT AWARD LETTER PROHIBITS THE GRANTEE FROM USING THE GRANT TO SUPPORT OR ENGAGE IN ANY POLITICAL ACTIVITY. UPON REQUEST FROM THE ORGANIZATION, THE GRANTEE IS REQUIRED TO FURNISH A REPORT TO THE ORGANIZATION DESCRIBING THE ACTIVITIES IN CONNECTION WITH THE USE OF GRANT FUNDS.
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0LINE 1A. MUSIC C4, INC.B. BOARD MEMBER CONTROLS MORE THAN 35% OF THE INT. PERSON.C. $45,000,000D. GRANTE. GENERAL SUPPORT
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART III
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICER AND DIRECTOR HAVE A BUSINESS RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S BYLAWS AND THE CERTIFICATE OF INCORPORATION WERE AMENDED TO CHANGE THE MEMBER AND RIGHTS AND PRIVILEGES AFFORDED TO THE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CCKC4, INC. HAS ONE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBER HAS THE POWER TO APPOINT ADDITIONAL MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MEMBER HAS THE POWER, AMONG OTHER THINGS, TO AMEND THE BYLAWS AND THE CERTIFICATE OF INCORPORATION AND ELECT AND REMOVE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AN ACCOUNTING PROFESSIONAL PREPARED AND REVIEWED THE FORM 990. A FULL DRAFT OF THE 990 ALONG WITH ALL REQUIRED SCHEDULES IS 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/ExplanationTxt6DIRECTORS, 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES ALL REQUIRED DISCLOSURES AVAILABLE TO THE PUBLIC UNDER IRS REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CCKC4, INC. DID NOT HAVE ANY COMPENSATED DIRECTORS, OFFICERS OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VI, SECTION B, LINE 15A AND 15B:
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