Matt Kelly Never Forgotten Foundation

Nonprofit profile at a glance

EIN
923897300
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025
Location
Exton, PA, USA
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$97,683
Expenses
$96,909
Assets
$46,008

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Michael Kelly (President)
  • Erin Kelly (Vice President)
  • James Brown (Vice President)
  • Brian Murray (Vice President)
  • Drew Claffey (Vice President)
  • Daniel Gallagher (Vice President)

People named in this filing

  • Michael Kelly (President)
  • Erin Kelly (Vice President)
  • James Brown (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See Part III

What it reported doing in 2025

LaSalle College High School Purpose-The Matty Ice Endowment to provide a scholarship to a student involved in LaSalle soccer program

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.5%; rating input score 61
  • Program expense ratio: 61.4%; rating input score 61

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0.8%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 59.7% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 8.1% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 61.5% of revenue deployed · 61.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $60K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Sustainability: Operating margin scored 46/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.