Civic Intelligence

The Liam and Reece Kelly Foundation Inc

990EZ • Fiscal year 2024 • EIN 86-3016343

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 03, 2025

Organization ProfileLIAMANDREECEKELLYFOUNDATION.ORG
15048 Glenmoore CircleCarmel, IN 46033

(765) 432-3301

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

60th percentile

7.3%

Faster asset growth than 60% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-32%

Faster revenue growth than 18% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$113,247

Up $7,663 (+7.3%) from 2023

Net Assets

Up

$113,247

Up $7,663 (+7.3%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin78th percentile

Revenue

Down

$30,933

Down $14,612 (-32%) from 2023

Expenses

Down

$23,270

Down $21,457 (-48%) from 2023

Net Income

Up

$7,663

Up $6,845 (+837%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$150K$100K$50K$0Assets 2021: $91,773Net Assets 2021: $91,7732021Assets 2022: $104,617Liabilities 2022: $0Net Assets 2022: $104,6172022Assets 2023: $105,584Net Assets 2023: $105,5842023Assets 2024: $113,247Net Assets 2024: $113,2472024Assets 2025: $95,151Net Assets 2025: $95,1512025

Highlighted filing

2024

Assets$113,247
Liabilities-
Net Assets$113,247
Open 2024 Filing

Operations Trend

Revenue Growth18th percentile

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

$150K$100K$50K$0-$50KRevenue 2021: $110,699Expenses 2021: $18,926Net Income 2021: $91,7732021Revenue 2022: $57,880Expenses 2022: $45,036Net Income 2022: $12,8442022Revenue 2023: $45,545Expenses 2023: $44,727Net Income 2023: $8182023Revenue 2024: $30,933Expenses 2024: $23,270Net Income 2024: $7,6632024Revenue 2025: $23,332Expenses 2025: $41,428Net Income 2025: -$18,0962025

Highlighted filing

2024

Revenue$30,933
Expenses$23,270
Net Income$7,663
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 3, 2025
Return Version
2024v5.0
Gross Receipts
$30,933
Mission and Program Overview

Mission

Providing scholarships to westfield high school cross country and track athletes.

Program Services

DescriptionGrantsExpenses
PROVIDING SCHOLARSHIPS TO WESTFIELD HIGH SCHOOL CROSS COUNTRY AND TRACK ATHLETES.-$23,270
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KESHA KELLYPresidentPT$0--
PATRICK KELLYVPPT$0--
DON HAHNTreasurerPT$0--
AARON SHERRICKSecretaryPT$0--
DAVE DECRAENEDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
The Liam and Reece Kelly
EIN
86-3016343
Phone
7654323301
Address
15048 GLENMOORE CIRCLE, CARMEL, IN 46033

Signing Officer

Name
Patrick Kelly
Title
VP
Phone
7654323301
Signed
2025-03-03

Preparer

Firm
Schaaf CPA Group LLC
Address
110 N UNION ST, WESTFIELD, IN 46074
Preparer
John Schaaf CPA
Phone
3178675427
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 175 office expense 30 it expense 120 insurance 233 scholarships 14,000 event expenses 7,908 merchant fees 115 food provided 189 total 22,770”

Form 990-ez, Part III

“Providing scholarships to westfield high school cross country and track athletes.”

Raw XML Appendix139 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0PATRICK KELLY
IRS990EZ/BooksInCareOfDetail/PhoneNum07654323301
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt015048 GLENMOORE CIRCLE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CARMEL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046033
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0105584
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0113247
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05250
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07663
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0105584
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0113247
IRS990EZ/GrossReceiptsAmt030933
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0819
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0105584
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0113247
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0105584
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0113247
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KESHA KELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PATRICK KELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DON HAHN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3AARON SHERRICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAVE DECRAENE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt022770
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING SCHOLARSHIPS TO WESTFIELD HIGH SCHOOL CROSS COUNTRY AND TRACK ATHLETES.
IRS990EZ/ProgramServiceRevenueAmt024864
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING SCHOLARSHIPS TO WESTFIELD HIGH SCHOOL CROSS COUNTRY AND TRACK ATHLETES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt023270
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt023270
IRS990EZ/TotalProgramServiceExpensesAmt023270
IRS990EZ/TotalRevenueAmt030933
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0LIAMANDREECEKELLYFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt045545
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt057880
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0110699
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0219374
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0819
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0819
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt024864
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt024864
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0819
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0819
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99670
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0244238
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt030114
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt045545
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt057880
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0110699
IRS990ScheduleA/Total509Grp/TotalAmt0244238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt030933
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt045545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt057880
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0110699
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0245057
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 175 OFFICE EXPENSE 30 IT EXPENSE 120 INSURANCE 233 SCHOLARSHIPS 14,000 EVENT EXPENSES 7,908 MERCHANT FEES 115 FOOD PROVIDED 189 TOTAL 22,770
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDING SCHOLARSHIPS TO WESTFIELD HIGH SCHOOL CROSS COUNTRY AND TRACK ATHLETES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK KELLY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP
ReturnHeader/BusinessOfficerGrp/PhoneNum07654323301
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE LIAM AND REECE KELLY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LIAM
ReturnHeader/Filer/EIN0863016343
ReturnHeader/Filer/PhoneNum07654323301
ReturnHeader/Filer/USAddress/AddressLine1Txt015048 GLENMOORE CIRCLE
ReturnHeader/Filer/USAddress/CityNm0CARMEL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046033
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261329302
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHAAF CPA GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 N UNION ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046074
ReturnHeader/PreparerPersonGrp/PhoneNum03178675427
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN SCHAAF CPA
ReturnHeader/ReturnTs02025-03-10T10:12:09-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$113,247
Liabilities
-
Net assets
$113,247
Revenue
$30,933
Expenses
$23,270
Net income
$7,663
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.95$0.95$0.23$0.41$0.18
2024Detailed filing. Detailed filing data is available for this year.$1.13$1.13$0.31$0.23$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.06$1.06$0.46$0.45$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.58$0.45$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.92$0.92$1.11$0.19$0.92