Kiwanis Foundation Of Worcester Inc
- Assets
- $185.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 03/1954
- Data as of
- 09/2022
- EIN
- 04-6051006
Organization Overview
Kiwanis Foundation Of Worcester Inc is located in Worcester, MA. The organization was established in 1954. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kiwanis Foundation Of Worcester Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Kiwanis Foundation Of Worcester Inc generated $4.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $11.2k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Serena Berube Secretary | 0 | $0 | |
Paul Scott Conti Director | 0 | $0 | |
Michele Sloan Treasurer | 0 | $0 | |
Jamie Ehrets President | 0 | $0 | |
Laura Arsenault Director | 0 | $0 | |
Raymund Lopolito Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,255 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $569 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,824 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50 |
| Total expenses | $11,224 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $185,217 |
| Other assets | $0 |
| Total assets | $185,217 |
| Total liabilities | $0 |
| Net assets or fund balances | $185,217 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kiwanis Foundation Of Worcester Inc has recieved totaling $7,105.
| Awarding Organization | Amount |
|---|---|
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED | $7,105 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Resolution Project Inc New York, NY | $959,499 | $1,878,975 |
Masonic Education And Charity Trust Boston, MA | $82,618,373 | $2,222,498 |
One Hundred Black Men New York, NY | $1,621,629 | $1,558,078 |
Transgender Emergency Fund Of Massachusetts Dorchester, MA | $108,792 | $726,756 |
Arden Local Development Corporation Middletown, NY | $5,083,817 | $416,959 |
Blueprint Org Inc New York, NY | $0 | $540,000 |
Management Information Exchange Boston, MA | $1,180,476 | $575,527 |
Raise A Glass Foundation Inc Webster, NY | $40,667 | $336,657 |
Joe And Sue Degeorge Foundation Inc Branchport, NY | $3,638 | $251,502 |
Norwalk Housing Foundation Inc Norwalk, CT | $1,069,395 | $279,184 |
Stowe Community Fund Inc Stowe, VT | $187,518 | $382,274 |
Invest Buffalo Niagara Foundation Inc Buffalo, NY | $421,403 | $316,516 |