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Nonprofiteer
← KEYSTONE OPPORTUNITY CENTER INC

Form 990 for tax year 2024

Filed by KEYSTONE OPPORTUNITY CENTER INC.

Totals

Total revenue
$2,464,173
Total expenses
$2,727,065
Contributions and grants received
$2,297,974
Grants paid
$103,852
Program service revenue
$162,591
Investment income
$3,230
Other revenue
$378
Total assets, end of year
$2,467,738
Total liabilities, end of year
$261,831
Net assets or fund balances, end of year
$2,205,907
Program services expenses (Part IX)
$2,234,396
Management and general expenses
$336,310
Fundraising expenses
$156,359
Program service expenses (Part III)
$2,234,396

Program services were 81.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $4,342

  • 1e · Government grants (contributions)

    $1,094,044

  • 1f · All other contributions, gifts and grants

    $1,199,588

  • 1g · Noncash contributions included above

    $591,400

  • 2a · Program service revenue: RENTAL REVENUE

    total $162,591 · related or exempt $162,591

  • 3 · Investment income

    total $50,717 · excluded $50,717

  • 7a · Gross sales of assets other than inventory

    securities $471,995

  • 7b · Less cost or other basis and sales expenses

    securities $508,476 · other assets $11,006

  • 7c · Gain or loss

    securities -$36,481 · other assets -$11,006

  • 7d · Net gain or loss

    total -$47,487 · excluded -$47,487

  • 8a · Fundraising events: gross income

    $10,332

  • 8a · Fundraising events: contributions included on line 1c

    $4,342

  • 8b · Fundraising events: direct expenses

    $11,132

  • 8c · Net income from fundraising events

    total -$800 · excluded -$800

  • 11a · Other revenue: OTHER INCOME

    total $1,178 · related or exempt $1,178

  • 11e · Other revenue, total

    $1,178

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $103,852 · program services $103,852

  • 5 · Compensation of officers, directors and key employees

    total $113,558 · management and general $86,370 · fundraising $27,188

  • 7 · Other salaries and wages

    total $1,115,636 · program services $934,471 · management and general $96,730 · fundraising $84,435

  • 8 · Pension plan contributions

    total $16,939 · program services $14,184 · management and general $2,751 · fundraising $4

  • 9 · Other employee benefits

    total $39,648 · program services $37,531 · management and general $27 · fundraising $2,090

  • 10 · Payroll taxes

    total $99,198 · program services $75,798 · management and general $14,406 · fundraising $8,994

  • 11c · Fees: accounting

    total $55,636 · management and general $51,336 · fundraising $4,300

  • 11f · Fees: investment management

    total $8,781 · management and general $8,781

  • 11g · Fees: other

    total $58,273 · program services $35,718 · management and general $22,555

  • 12 · Advertising and promotion

    total $36,614 · program services $27,000 · management and general $1,800 · fundraising $7,814

  • 13 · Office expenses

    total $51,884 · program services $28,196 · management and general $16,007 · fundraising $7,681

  • 14 · Information technology

    total $69,644 · program services $50,966 · management and general $10,526 · fundraising $8,152

  • 16 · Occupancy

    total $69,324 · program services $66,389 · management and general $2,317 · fundraising $618

  • 17 · Travel

    total $11,021 · program services $9,221 · management and general $1,800

  • 19 · Conferences, conventions and meetings

    total $5,068 · program services $5,068

  • 22 · Depreciation, depletion and amortization

    total $43,435 · program services $39,806 · management and general $2,560 · fundraising $1,069

  • 23 · Insurance

    total $38,984 · program services $25,784 · management and general $11,331 · fundraising $1,869

  • 24a · Other expenses: PROGRAM EXPENSES

    total $666,478 · program services $660,893 · management and general $4,517 · fundraising $1,068

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $53,657 · program services $52,130 · management and general $1,205 · fundraising $322

  • 24c · Other expenses: CLIENT ASSISTANCE

    total $29,164 · program services $29,164

  • 24d · Other expenses: TEXTBOOKS

    total $19,157 · program services $19,157

  • 24e · All other expenses

    total $21,114 · program services $19,068 · management and general $1,291 · fundraising $755

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $694,913 · end of year $983,034

  • 2 · Savings and temporary cash investments

    beginning of year $10,585 · end of year $30,649

  • 3 · Pledges and grants receivable

    beginning of year $293,330 · end of year $68,485

  • 4 · Accounts receivable

    beginning of year $7,561 · end of year $18,809

  • 8 · Inventories for sale or use

    beginning of year $4,760 · end of year $14,861

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,333 · end of year $12,683

  • 10a · Land, buildings and equipment: cost or other basis

    $1,821,290

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,115,795

  • 10c · Land, buildings and equipment, net

    beginning of year $696,714 · end of year $705,495

  • 11 · Investments: publicly traded securities

    beginning of year $947,777 · end of year $622,920

  • 15 · Other assets

    beginning of year $19,161 · end of year $10,802

  • 17 · Accounts payable and accrued expenses

    beginning of year $84,810 · end of year $61,051

  • 19 · Deferred revenue

    beginning of year $13,835 · end of year $16,861

  • 23 · Secured mortgages and notes payable

    beginning of year $160,000 · end of year $160,000

  • 25 · Other liabilities

    beginning of year $30,733 · end of year $23,919

  • 27 · Net assets without donor restrictions

    beginning of year $2,376,068 · end of year $2,167,158

  • 28 · Net assets with donor restrictions

    beginning of year $24,688 · end of year $38,749

Mission and programs · 2024

Mission

KEYSTONE OPPORTUNITY CENTER IS A LEADING PROVIDER OF SOCIAL SERVICE PROGRAMS ACROSS BUCKS AND MONTGOMERY COUNTIES. THE THREE MAIN AREAS OF FOCUS ARE HOUSING, FOOD, AND EDUCATION.

  • EDUCATION - AS ONE OF ONLY TWO TITLE II EDUCATION PROGRAMS IN MONTGOMERY COUNTY, KEYSTONE OPPORTUNITY CENTER OFFERS A VARIETY OF EDUCATIONAL OPPORTUNITIES THAT HELP PEOPLE ACHIEVE THEIR EDUCATIONAL GOALS, ALLOWING THEM TO BECOME MORE EMPLOYABLE. THESE OPPORTUNITIES INCLUDE ENGLISH AS A SECOND LANGUAGE, HIGH SCHOOL EQUIVALENCY, CITIZENSHIP SUPPORT AND PRIVATE TUTORING.

    Expenses $901,151

  • FOOD PROGRAMS - KEYSTONE'S FOOD PROGRAMS OFFER COMMUNITY MEMBERS STRUGGLING WITH FOOD INSECURITY THE RESOURCES NEEDED TO ENSURE THEY AND THEIR FAMILIES HAVE ACCESS TO HEALTH FOOD OPTIONS, ALLOWING THEIR LIMITED FINANCES TO BE DEDICATED TO HOUSING SECURITY. KEYSTONE'S FOOD PANTRY PROVIDES SHELF- STABLE FOOD, FRESH PRODUCE, MEAT, DIARY PRODUCTS AND SPECIALTY FOODS. KEYSTONE ALSO OPERATES A FRESH FOR ALL PROGRAM THAT DISTRIBUTES 5,500 POUNDS OF FRESH PRODUCE INTO THE COMMUNITY EVERY WEEK.

    Expenses $838,928

  • HOUSING - KEYSTONE'S HOUSING DEPRATMENT PROVIDES A MIX OF HOUSING OPTIONS TO COMMUNITY MEMBERS STRUGGLING WITH HOUSING INSECURITY. THROUGH A PARTNERSHIP WITH HUD AND MONTGOMERY COUNTY'S YOUR WAY HOME, KEYSTONE OPPORTUNITY CENTER PROVIDES TO THE COMMUNITY. KEYSTONE ALSO PROVIDES 19 UNITS OF AFFORTABLE HOUSING OPPORTUNITIES TO COMMUNITY MEMBERS IN NEED.

    Expenses $313,161 · Revenue $162,591

  • COMMUNITY SERVICES HELPS THOSE IN NEED TO NAVIGATE VARIOUS AGENCIES AND PROGRAMS THAT MAY BE ABLE TO ASSIST THEM WITH THEIR SPECIFIC NEEDS. WE PROVIDE REFERRALS OR ASSISTANCE WITH APPLICATIONS FOR PROGRAMS THAT ARE BOTH WITHIN KEYSTONE AND WITHOUT. WE ALSO PROVIDE DIRECT CLIENT ASSISTANCE TO ADDRESS SUDDEN, ONE-TIME EXPENDITURES THAT COULD END IN HOMELESSNESS IF NOT ADDRESSED. FUNDING FOR DIRECT CLIENT ASSISTANCE IS PROVIDED BY GRANTS AND INDIVIDUAL OR ORGANIZATIONAL DONATIONS.

    Expenses $181,156

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Trish Sneddon

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Ed Rosario

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    3

  • Suzanne Cressman

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Tracy Voce

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Kelly Boyle

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Robert Baker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Martha Buccino

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Catherine Hoath

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Brian Newman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Sara Sanders

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Brandon Trombetta

    EXECUTIVE DI

    Total calculated
    $113,997
    From this org
    $113,997
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
29 April 2026
IRS schema version
2024v5.0
Source object
202621199349301902

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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