Carmel Valley Kiwanis Foundation Inc is located in Carmel Valley, CA. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carmel Valley 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, Carmel Valley Kiwanis Foundation Inc generated $103.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $60.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 5 years. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING COLLEGE SCHOLARSHIPS TO HIGH SCHOOL STUDENTS RESIDING IN CARMEL VALLEY;PROVIDING SUPPORT TO NUMEROUS NONPROFITS ORGANIZATIONS AND COMMUNITY ORGANIZATIONS ON THE MONTEREY PENINSULA. SERVICES PERFORMED 100% BY VOLUNTEERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Larry O'rourke Incomming President | 5 | $0 | |
Mike Thatcher President | 5 | $0 | |
Anthony Belleci Treasuer/secretary | 5 | $0 | |
Ron Parkins Board Member | 2 | $0 | |
Alan Crockett Board Member | 2 | $0 | |
Steve Davalos Board Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,626 |
Total Program Service Revenue | $76,792 |
Membership dues | $0 |
Investment income | $8,373 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $103,824 |
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 | $1,250 |
Printing, publications, postage, and shipping | $963 |
Other expenses | $36,016 |
Total expenses | $59,979 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $199,177 |
Other assets | $0 |
Total assets | $212,656 |
Total liabilities | $21,356 |
Net assets or fund balances | $191,300 |
Over the last fiscal year, we have identified 1 grants that Carmel Valley Kiwanis Foundation Inc has recieved totaling $71.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Organization Name | Assets | Revenue |
---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |
Orange Coast College Foundation Costa Mesa, CA | $45,211,375 | $13,270,788 |