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Indiana · Nonprofit

KEYS2WORK INC

KEYS2WORK INC (Indiana) receives grants from 4 organizations whose IRS filings report $771,972 to it, the largest being NATIONAL URBAN LEAGUE INC ($396,800). 3 of them have funded it in more than one year.

Revenue FY2025
$6.4M
Funders on record
4
Grants received
$772k
Net assets
$1.2M
3/4 repeat funderspeak grant-dependency 46%
01What it does

What Keys2work Inc does

Mission

The corporation is organzied exclusively to promote the charitable purposes and goals of workforce, inc. That mission is to promote, organize, participate in, develop, sponsor, and/or operate various programs focused on workforce development and placement as an economic development strategy, to educate and train ex-offenders in the skilled labor trade of electronics recycling, to invest in this workforce as a means to reducing the skilled labor shortage, and to reduce criminal recidivism rates in indiana.

As stated on its FY2025 Form 990.

Program

  1. Keys2work Inc. Is a type 1 supporting organization of workforce inc. Workforce, inc. Dba recycleforce focuses on a triple bottom line to measure success: social, environmental, and economic. We take things society throws away, like old electronics and retail returns, and the returning citizens society often throws away after incarceration, and make both into something new that benefits society. Recycleforce operates an employment social enterprise (ese). An ese is a not for profit business that employs individuals immediately upon release from incarceration and provides strong wages, onsite training to earn workplace credentials, assistance with criminal justice monitoring, and wraparound services like mental health and substance use services, mentoring, banking and budgeting, transportation, and housing assistance, all while on the clock. Our type 1 supporting organization, keys2work, is a not for profit alternative staffing employment social enterprise. Keys2 employs recycleforce's program participants to foster the next step in their journey home with a better job, using the training and work acumen developed while at recycleforce. Keys2work places workers into either…

    $3,746,894 spent$2,711,758 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $3,746,894.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($168k) Expenses 100 ($148k) Net assets 100 ($20k)2022 Revenue 814 ($1.4M) Expenses 797 ($1.2M) Net assets 1042 ($207k)2023 Revenue 1470 ($2.5M) Expenses 1459 ($2.2M) Net assets 2593 ($514k)2024 Revenue 2831 ($4.7M) Expenses 2891 ($4.3M) Net assets 4982 ($988k)2025 Revenue 3813 ($6.4M) Expenses 4177 ($6.2M) Net assets 6082 ($1.2M)
20212022202320242025
Revenue (3813)Expenses (4177)Net assets (6082)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.2M to $2.7M (+118%).

$170k
$391k
$1.2M
$2.7M
$2.6M
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 1% · 2023 1% · 2024 31% · 2025 46%. Grants only. Government contracts and fees sit inside program revenue.

55% of KEYS2WORK INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (93% for the typical peer).

This organization
Typical peer · 1,392 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.

$20k
’21
$187k
’22
$308k
’23
$474k
’24
$218k
’25
2.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Doran Moreland

Board chair

As listed on its FY2025 Form 990.

20212022202320242025
Listed78877
Joined·+3+3+0+0
No longer listed·2310
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $77k → $381k.

Funder
'21
'22
'23
'24*
total
$397k
funders
2
1
3
3

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 46% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of KEYS2WORK INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

KEYS2WORK INC leans on a few funders — its largest provides 51% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund KEYS2WORK INC.

51%
largest funder
99%
top three
~2
effective funders

Largest funder’s share by year: 2021 98% · 2022 100% · 2023 73% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

KEYS2WORK INC draws 97% of its grant income from funders outside Indiana, across 3 states in all.

MN
NY
IN

In-state vs out-of-state, by year

’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $355k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

KEYS2WORK INC has grown faster than three-quarters of the 793 crime & legal nonprofits its size.

Operating margin3% · below the median
Months of reserve2.9mo · below the median
Revenue growth (annualized)148% · top quartile

this organization peer median middle 50% of peers· 793 crime & legal nonprofits $1M–$10M, FY2025

Government funding KEYS2WORK INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.0M on record.

Federal$6.0M
grants $6.0Mcontracts $0
23
24
Top agencies
  • Department of Labor$6.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like KEYS2WORK INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 8%Fundraising 2%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • Workforce Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for KEYS2WORK INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds KEYS2WORK INC?
KEYS2WORK INC (Indiana) receives grants from 4 organizations whose IRS filings report $771,972 to it, the largest being NATIONAL URBAN LEAGUE INC ($396,800). 3 of them have funded it in more than one year.
How many funders does KEYS2WORK INC have?
IRS filings report 4 organizations giving $771,972 in grants to KEYS2WORK INC, 3 of which have funded it in more than one year.
Who is the largest funder of KEYS2WORK INC?
NATIONAL URBAN LEAGUE INC is the largest funder on record, with $396,800 in grants. The full list of funders is on this page.
How can an organization like KEYS2WORK INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Keys2work →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing