Charles Humphrey Keating Iv Foundation

Nonprofit profile at a glance

EIN
822075362
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Coronado, CA, USA
Phone
4803092884
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Reported finances

Revenue
$2,782,110
Expenses
$2,488,835
Assets
$12,232,774
Liabilities
$5,213,983

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • CHARLES HUMPHREY KEATING III (PRESIDENT)
  • ALISON LEWIS (VICE PRESIDENT)

Highest reported compensation

  • CHARLES HUMPHREY KEATING III (PRESIDENT): $150,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Support and resources for active duty navy seals and their families. The goal of the charles humphrey keating iv foundation is to research, develop, and implement evidence-based solutions to maintain family unity while improving the transition from front lines to home front.

What it reported doing in 2024

During the reporting year, the organization focused on solidifying our mission statement and developing the various programs and services we will offer in the coming years. Our objective is to preserve the navy seal families by providing relief of the unique stressors of navy seal life as indicated by decreased percentages of divorces, improved family relationships, number of family to family referrals to our program and attendee surveys after our porgrams. We aim to emphasize the fact that the c4 foundations retreat's own grounds, culture and history will be built by the seal families themselves. Our programs are not designed to be handed down from a position of authority and implemented from a top-down structure with lectures and keynotes. Rather, the program and approaches will be built alongside the seal families to establish cultural ownership, enthusiastic buy-in, long-lasting health, and high performance.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.6%; rating input score 75
  • Program expense ratio: 82.6%; rating input score 83
  • Fundraising efficiency: $7.01 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10.5%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 4.92; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.43; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 6%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: 25.7% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 13.7% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 13% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: 74.6% of revenue deployed · 82.6% of spending went to programs
  • Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.1M in reported program spending
  • Leadership: top reported pay $150K · 12 people listed
  • Highest-paid contractors: 1 contractor listed · $112K reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 26/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.