Keypoint Alliance Inc

Nonprofit profile at a glance

EIN
465226209
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-N 2016
Location
Atlanta, GA, USA
Phone
7703100446
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$1,244,621
Expenses
$740,144
Assets
$878,780
Liabilities
$550

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

Leadership & pay

4 people listed

Highest reported compensation

  • MESHI AVERY (EXECUTIVE DI): $159,228 total reported compensation

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

Overview

Mission

Keypoint alliance, inc. Is a not-for-profit organization that seeks to provide educational programs and services that educate, engage and enrich the lives of under-served students. Keypoint accomplishes this by securing grants that enable the organization to hire staff to implement programming and provide services that corelate to and align with keypoint's exempt purpose. Also, engaging in the specific and general coordination of efforts with other organizations and persons having a similar mission.

What it reported doing in 2024

Upward bound iii served 60 students. Over 67% were low-income and potential first-generation college students. All the participants demonstrated a compelling academic need for kpa's services. Students received in person and virtual services that included (but were not limited to): tutoring; financial aid counseling; fafsa and college application completion assistance; scholarship search; academic coaching; life skills and academic development workshops; career exploration assistance; financial literacy training; cultural exposure field trips; college tours. Specifically, there were 22 workshops, 6 college tours, 23 educational/career/cultural/personal development events and a 6-week pre-college summer program conducted. The 6-week enrichment program was mainly conducted in person on the campus of a prominent university in Georgia. The program focused on preparing students for the upcoming school year as it relates to math, science, foreign language, composition and literature, college preparation and developing career/professional/personal life skills. Also, the program provides college entrance exam preparation assistance during the year. Furthermore, students have an opportunity to earn a stipend in the fall, spring and summer semesters. Combining the fall, spring and summer stipend disbursements, keypoint alliance, inc. Disbursed over 4300 in stipend funds to trio upward bound students during the academic year via stipend awards.

Operating model

Revenue model
Grant-funded. 81% of the money available for current operations came from government grants.
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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 70
  • Accountability: 85
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.4%; rating input score 61
  • Program expense ratio: 98.7%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 16th 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: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 40.5%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.19; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 21.5%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 1.5% per year; rating input score 100; 24th percentile among comparable filings
  • Revenue growth: 5.9% per year; rating input score 100; 49th percentile among comparable filings
  • Asset growth: 27.8% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 61.4% of revenue deployed · 98.7% of spending went to programs
  • Governance: 3 of 4 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $731K in reported program spending
  • Leadership: top reported pay $159K · 4 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 8 filing years from 2017 to 2024
  • 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.

  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.