Keeping Konnected Inc

Nonprofit profile at a glance

EIN
821661534
IRS 990 coverage
2021–2023
Forms available
Form 990 2023, Form 990-EZ 2020, Form 990-N 2019
Location
Los Angeles, CA, USA
Phone
3238671127
Rating confidence
Limited
Sector
Low-Income & Subsidized Rental Housing

Official website

Reported finances

Revenue
$2,973,037
Expenses
$2,603,383
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • CHANICE WARD (CEO)

Highest reported compensation

  • CHANICE WARD (CEO): $140,270 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Keeping nbsp; konnected nbsp; inc apos; s nbsp; mission nbsp; is nbsp; to nbsp; help nbsp; underprivileged nbsp; individuals nbsp; and nbsp; families nbsp; regain nbsp; stability nbsp; for nbsp; success nbsp; in nbsp; life nbsp; and nbsp; work

What it reported doing in 2023

NA

Operating model

Revenue model
Contribution and grant supported. 100% of the money available for current operations came from contributions and grants. The filing reports them as one total, so it does not say how much was granted.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Accountability: 16
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 12.4%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 5.4%; rating input score 49; 49th percentile among comparable filings

Growth

  • Program expense growth: 107.4% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 86.4% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 2.2% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 0 of 3 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $140K · 1 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2021 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • Moderate — Transparency & Controls: Series expense component sum did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 49/100.