Wake Forest Kiwanis Foundation Inc
- Assets
- $11.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wake Forest, NC
- Founding
- 01/2008
- Data as of
- 12/2020
- EIN
- 20-8965083
Organization Overview
Wake Forest Kiwanis Foundation Inc is located in Wake Forest, NC. The organization was established in 2008. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wake Forest 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 12/2020, Wake Forest Kiwanis Foundation Inc generated $12.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.3%) each year. All expenses for the organization totaled $19.5k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
IMPROVING THE QUALITY OF LIFE FOR CHILDREN AND YOUTH LOCALLY AND THROUGHOUT THE WORLD. DISTRIBUTED DICTIONARIES TO ALL THIRD GRADERS IN SEVERAL AREA ELEMENTARY SCHOOLS. COLLECTED SCHOOL SUPPLIES FOR AREA SCHOOLS. COLLECTED SUPPLIES FOR LOCAL SOCIAL SERVICES AND FOOD PANTRIES. COLLECTED FOOD AROUND THE HOLIDAYS TO HELP FAMILIES IN NEED. SPONSORED YOUTH LEADERSHIP PROGRAMS AT SEVERAL LOCAL SCHOOLS. DISTRIBUTED 3 SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS FROM LOCAL SCHOOLS. PARTICIPATED IN DISTRICT AND INTERNATIONAL SERVICE PROJECTS OF KIWANIS INTERNATIONAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Russell President | 0 | $0 | |
Sheri Bauer Vice Preside | 0 | $0 | |
David Shearon Treasurer | 0 | $0 | |
Sandra Thomasson Secretary | 0 | $0 | |
James Spadatto Board Member | 0 | $0 | |
Sanford Bailey Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,071 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,888 |
| Other Revenue | $0 |
| Total Revenue | $11,959 |
| 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 | $19,533 |
| Total expenses | $19,533 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,899 |
| Other assets | $0 |
| Total assets | $11,899 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,899 |