Keystone Development Partnership
Nonprofit profile at a glance
- EIN
- 201116318
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Harrisburg, PA, USA
- Phone
- 7172312861
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Job Training
Reported finances
- Revenue
- $952,699
- Expenses
- $894,698
- Assets
- $736,305
- Liabilities
- $74,445
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- JOHN TKACH (EXECUTIVE DIRECTOR)
Highest reported compensation
- ANGELA FERITTO (CHAIRPERSON): $254,950 total reported compensation
- MAURICE COBB (TREASURER FROM 4/2024): $176,506 total reported compensation
- JOHN TKACH (EXECUTIVE DIRECTOR): $103,972 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Keystone development partnership is dedicated to develop or enhance labor/ management partnerships by engaging working men and women and their employers in creating work force development solutions by accessing the resources needed to ensure sustainable economic growth for the commonwealth of Pennsylvania.
What it reported doing in 2024
Registered apprenticeship (ra) navigator program & keystone apprenticeship alliancekdp continues to implement its registered apprenticeship navigator, an apprenticeship program that trains people to develop and manage apprenticeship programs. Registered in the state of Pennsylvania in 2020, the one-year apprenticeship program includes 2,000 hours of on-the-job training (ojt) plus 144 hours of related technical instruction (rti). More than 120 navigator apprentices have been enrolled in the first six cohorts (2018-2025). To date, 79 navigators have completed the program and another 25 remain active in pursuing their journeyworker certification. Nearly half (47) of all current and future navigator journeyworkers are affiliated with the commonwealth's workforce development system, including from pa careerlinks and workforce development boards (30), pa apprenticeship and training office (8), pa office of vocational rehabilitation (ovr) (4), pa office of administration (4), and pa department of agriculture (1). Other navigators are affiliated with employers (8), unions (10), training providers (28), economic development organizations (8), and agricultural development organizations (3). Kdp is receiving strong interest for its seventh cohort of navigators, scheduled to begin in late 2025. Successful navigators become members of the keystone apprenticeship alliance (kaa), kdp's growingstatewide network of apprenticeship intermediaries able to assist unions and employers toexpand apprenticeship programs into new occupations and industries. Through the communityof practice model, the kaa provides its 350+ members with a platform to collaborate, share best practices, and advocate for apprenticeship programs to policy makers, employers, and community leaders
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.
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 79
- Accountability: 92
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.1%; rating input score 79
- Program expense ratio: 84.2%; rating input score 84
- Fundraising efficiency: $17.81 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- 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: 85.7%; rating input score 86; 20th percentile among comparable filings
- Governance controls: 9 of 9 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: 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: 6.1%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.82; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 27.5%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 10.3% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 10% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 10.6% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 79.1% of revenue deployed · 84.2% of spending went to programs
- Governance: 12 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $753K in reported program spending
- Leadership: top reported pay $255K · 16 people listed · 3 of 6 pay-setting controls reported
- Consistency: 26 of 26 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Financial Efficiency: Fundraising efficiency scored 55/100.
- Review — Sustainability: Operating margin scored 53/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.