INSTITUTE FOR RESPONSIBLE CITIZENSHIP

EIN: 542034070 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$1,539,551
Total Expenses
$1,625,233
Total Assets
$3,152,179
Net Assets
$3,030,295
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
VA
Principal Officer
WILLIAM A KEYES IV
Phone
2026602501
Tax Period
2023-01-01 to 2023-12-31

INSTITUTE FOR RESPONSIBLE CITIZENSHIP, founded in 2001, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring.

Mission

THE INSTITUTE IMPACTS COMMUNITIES, OUR COUNTRY, AND THE WORLD BY PREPARING SOME OF THE NATION'S MOST TALENTED COLLEGE STUDENTS TO USE THEIR EXTRAORDINARY GIFTS FOR SERVICE IN A VARIETY OF FIELDS. INSTITUTE ALUMNI ARE CURRENTLY SERVING AS TEACHERS AND PROFESSORS, PASTORS AND COUNSELORS, LAWYERS AND JUDGES, DOCTORS, ENTREPRENEURS AND BUSINESS LEADERS, ELECTED OFFICIALS, AND OTHER IMPACTFUL CAREERS.

Program Service Accomplishments

Program 1
Expenses: $1,301,470

THE INSTITUTE'S FLAGSHIP PROGRAM IS BASED ON FIVE CORE BELIEFS: 1) MEN WITH THE GREATEST POTENTIAL SHOULD BE CHALLENGED TO PURSUE THE HIGHEST ACHIEVEMENT. 2) MEN WHO WORK HARD TO LIVE VIRTUOUS LIVES...

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THE INSTITUTE'S FLAGSHIP PROGRAM IS BASED ON FIVE CORE BELIEFS: 1) MEN WITH THE GREATEST POTENTIAL SHOULD BE CHALLENGED TO PURSUE THE HIGHEST ACHIEVEMENT. 2) MEN WHO WORK HARD TO LIVE VIRTUOUS LIVES AND ACHIEVE ACADEMIC SUCCESS SHOULD BE RECOGNIZED AND REWARDED. 3) MEN WHO ARE DESTINED FOR LEADERSHIP SHOULD UNDERSTAND FUNDAMENTAL ECONOMIC, CONSTITUTIONAL, AND ETHICAL PRINCIPLES. 4) MEN WHO STRIVE TO MAKE A DIFFERENCE CAN HAVE A GREATER IMPACT BY WORKING TOGETHER. 5) MEN OF CHARACTER SHOULD BE ENCOURAGED TO PURSUE SUCCESS AS A PLATFORM FOR SERVICE TO THEIR COMMUNITIES, OUR NATION, AND THE WORLD. EACH YEAR, WE SELECT 12 OF THE NATION'S BEST AND BRIGHTEST AFRICAN AMERICAN MALE COLLEGE STUDENTS FOR AN INTENSIVE TWO-SUMMER PROGRAM THAT INCLUDES HIGH-LEVEL INTERNSHIPS IN THEIR FIELDS OF INTEREST, RIGOROUS ACADEMIC SEMINARS, PROFESSIONAL DEVELOPMENT WORKSHOPS, PRIVATE MEETINGS WITH PUBLIC AND PRIVATE SECTOR LEADERS, A VARIETY OF SOCIAL ACTIVITIES, VISITS TO IMPORTANT INSTITUTIONS IN WASHINGTON AND ELSEWHERE, AND ILLUMINATING CONVERSATIONS AROUND THE DINNER TABLE. TO DATE, MORE THAN 250 YOUNG MEN HAVE PARTICIPATED IN THE WASHINGTON PROGRAM. FIVE OF THEM HAVE BEEN NAMED RHODES SCHOLARS, AND AN IMPRESSIVE NUMBER HAVE RECEIVED OTHER PRESTIGIOUS ACADEMIC AWARDS. ALUMNI ARE WORKING IN IMPACTFUL CAREERS THAT BENEFIT OTHERS. AND THEY ARE COMMITTED HUSBANDS, LOVING FATHERS, AND RESPONSIBLE CITIZENS. DURING A SESSION WITH THE SCHOLARS, WE ESTIMATED THAT MORE THAN 9 BILLION PEOPLE WILL BENEFIT FROM THE CAREERS OF THE 24 YOUNG MEN WHO WERE PARTICIPATING IN THE INSTITUTE'S WASHINGTON PROGRAM IN 2023. THE INSTITUTE PAYS ALL OF THE EXPENSES OF PARTICIPATION. WE ARRANGE INTERNSHIPS, PROVIDE HOUSING IN A UNIVERSITY RESIDENCE HALL, SUPPLY MEALS, AND PAY A GENEROUS STIPEND. UPON THE COMPLETION OF TWO SUMMERS, THE INSTITUTE DONATES 20,000 FOR EACH STUDENT IN INVESTMENT ACCOUNTS MANAGED BY ARIEL INVESTMENTS, THE NATION'S OLDEST AFRICAN AMERICAN-OWNED INVESTMENT FIRM. THE GOAL IS TO GIVE THE SCHOLARS A HEAD START ON BUILDING WEALTH, SO THEY SIGN AN AGREEMENT NOT TO ACCESS THE FUNDS FOR TEN YEARS. BECAUSE OF TREMENDOUS DEMAND, THE INSTITUTE HAS ESTABLISHED COLLEGIATE INSTITUTES IN ATLANTA, CHARLOTTE, DURHAM, GREENSBORO, AND NEW YORK. THESE PROGRAMS OPERATE DURING THE ACADEMIC YEAR AND SERVE STUDENTS ATTENDING COLLEGES AND UNIVERSITIES IN THOSE CITIES. THESE PROGRAMS OPERATE ON SATURDAYS AND OFFER PRIVATE MEETINGS WITH SOME OF THE MOST PROMINENT PUBLIC AND PRIVATE SECTOR LEADERS IN THOSE CITIES, PERSONAL AND PROFESSIONAL DEVELOPMENT WORKSHOPS, AND STIPENDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,466,029
Program Service Revenue $0
Investment Income $73,522
Other Revenue $0
TOTAL REVENUE $1,539,551

Expense Breakdown

Grants Paid $0
Salaries & Benefits $893,476
Fundraising Expenses $65,680
Program Expenses $1,301,470
Other Expenses $731,757
TOTAL EXPENSES $1,625,233

Year-over-Year Comparison

2023 2022 Change
Revenue $1,539,551 $2,311,078 -0.3%
Expenses $1,625,233 $1,495,775 +0.1%
Net Income $-85,682 $815,303 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
6
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$588,521
Total Directors
21
$588,521
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM A KEYES IV CHAIRMAN 50.00
Officer Director
$412,220 $126,098 $538,318
WILLIAM A KEYES V VICE CHAIRMA 40.00
Officer Director
$48,751 $1,452 $50,203
PLEASANT BRODNAX TRUSTEE N/A
Director
$0 $0 $0
ERIC B DEZENHALL TRUSTEE N/A
Director
$0 $0 $0
R LEE BURROWS JR TRUSTEE N/A
Director
$0 $0 $0
EARL W STAFFORD JR TRUSTEE N/A
Director
$0 $0 $0
D DREW BOND TRUSTEE N/A
Director
$0 $0 $0
ELIJAH HEYWARD III DIRECTOR N/A
Officer Director
$0 $0 $0
RICHARD K BYNUM TRUSTEE N/A
Director
$0 $0 $0
KATE M FRANTZ TRUSTEE N/A
Director
$0 $0 $0
MILTON HALL TRUSTEE N/A
Director
$0 $0 $0
BRITT HOGUE TRUSTEE N/A
Director
$0 $0 $0
DALE E JONES TRUSTEE N/A
Director
$0 $0 $0
JAMES NORTEY II SECRETARY N/A
Officer Director
$0 $0 $0
CHRISTOPHER ROBINS TRUSTEE N/A
Director
$0 $0 $0
BRANDON L SIMMONS TRUSTEE N/A
Director
$0 $0 $0
JAMES L TANNER JR TRUSTEE N/A
Director
$0 $0 $0
NADIA WARD TRUSTEE N/A
Director
$0 $0 $0
NICHOLAS WASHINGTON TRUSTEE N/A
Director
$0 $0 $0
TYCELY WILLIAMS TRUSTEE N/A
Director
$0 $0 $0
CARLY DAVIS TREASURER N/A
Officer Director
$0 $0 $0
ANDREW MULINGE PROGRAM DIRE N/A
Highest
$110,000 $8,140 $118,140
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,539,551 $1,625,233 $3,152,179 $-85,682
2022 $2,311,078 $1,495,775 $3,209,014 $815,303
2021 $2,462,381 $1,089,405 $2,561,845 $1,372,976
2020 $1,265,655 $831,096 $1,185,385 $434,559
2019 $1,030,236 $898,134 $698,452 $132,102
2018 $1,236,586 $842,819 $540,392 $393,767
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