Ben Bay Kiwanis Foundation Inc
- Assets
- $165.4k
- Revenue
- $233.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 10/1998
- Data as of
- 12/2021
- EIN
- 11-2915370
Organization Overview
Ben Bay Kiwanis Foundation Inc is located in Brooklyn, NY. The organization was established in 1998. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, 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. Ben Bay Kiwanis Foundation 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 12/2021, Ben Bay Kiwanis Foundation Inc generated $233.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $162.0k during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ben Bay Kiwanis Foundation Inc has awarded 27 individual grants totaling $188,775. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE FUNDRAISING & COMMUNITY SERVICE PROJECTS TO HELP NEEDY CHILDREN LOCALLY & WORLDWIDE BY CONTRIBUTING TO ORGANIZATIONS THAT ARE CHARITABLE, EDUCATIONAL OR HELP SCIENTIFIC RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING GRANTS TO PEOPLE & ORGANIZATIONS THAT WILL HELP THE COMMUNITY AND CHILDREN IN NEED. PARTICULARLY YOUNG PEOPLE, WORTHY INDIVIDUALS AND TO AID HANDICAPPED PERSONS IN REGAINING HAPPY USEFUL LIVES. THIS IS ACCOMPLISHED BY FURNISHING FUNDS TO OTHER NON PROFIT ORGANIZATIONS ORGANIZED FOR CHARITABLE, SCIENTIFIC RESEARCH OR EDUCATIONAL PURPOSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Palma President | Officer | 15 | $0 |
James Orlando Immediate Past President | Officer | 5 | $0 |
William Basso Treasurer | Officer | 10 | $0 |
Howard Reynolds Vice President | Officer | 5 | $0 |
Thomas Aellis Secretary | Officer | 15 | $0 |
John Delosa Director | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $27,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $122,035 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,035 |
| Total Program Service Revenue | $0 |
| Investment income | $58 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $84,175 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $233,268 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $54,670 |
| Grants and other assistance to domestic individuals. | $17,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,475 |
| Office expenses | $1,439 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,728 |
| All other expenses | $22,955 |
| Total functional expenses | $162,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,861 |
| Savings and temporary cash investments | $190 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,350 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $165,401 |
| Accounts payable and accrued expenses | $8,124 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $250 |
| Total liabilities | $8,374 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $157,027 |
| Total liabilities and net assets/fund balances | $165,401 |
Grants Awarded
Over the last fiscal year, Ben Bay Kiwanis Foundation Inc has awarded $17,375 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY | | $11,575 |
Brooklyn, NY | | $5,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thames Valley Council For Community Action Inc Jewett City, CT | $13,514,685 | $42,090,218 |
Pennsylvania Coalition Against Domestic Violence Harrisburg, PA | $12,880,221 | $39,594,971 |
B H R A G S Homecare Inc Brooklyn, NY | $22,952,374 | $39,112,109 |
Coalition For Hispanic Family Ser Brooklyn, NY | $9,747,863 | $28,088,476 |
Community Programs Of Westchester Jewish Community Services White Plains, NY | $12,138,978 | $16,937,661 |
Sunnyside Community Services Inc Long Island City, NY | $7,213,077 | $15,496,475 |
The B E L L Foundation Inc Westwood, MA | $26,190,550 | $19,692,109 |
Marshall Project Inc New York, NY | $18,747,646 | $15,174,508 |
Nassau-Suffolk Law Services Committee Inc Hempstead, NY | $5,326,603 | $11,194,760 |
Center For Family Resources Inc Ringwood, NJ | $4,628,720 | $9,195,275 |
Mercy Flight Central Inc Canandaigua, NY | $14,339,659 | $14,213,717 |
Here To Here Foundation Inc Bronx, NY | $10,262,789 | $1,365,332 |