Mount Clemens Kiwanis Club Foundation Inc
- Assets
- $62.9k
- Revenue
- $22.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Clemens, MI
- Founding
- 06/2014
- Data as of
- 09/2021
- EIN
- 32-0397563
Organization Overview
Mount Clemens Kiwanis Club Foundation Inc is located in Mount Clemens, MI. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Clemens Kiwanis Club 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 09/2021, Mount Clemens Kiwanis Club Foundation Inc generated $22.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $25.3k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIFTS TO THREE ACTIVITIES FOR THE ENJOYMENT AND BETTERMENT OF THE LOCAL COMMUNITY INCLUDING AN AERO SPACE MUSEUM
FUNDING TO THREE YOUTH SERVICES ORGANIZATIONS INCLUDING SCHOLARSHIPS
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 |
|---|---|---|---|
Jill Johnson Secretary | 4 | $0 | |
William Potthoff President | 3 | $0 | |
Phil Gilchrist Past-President | 1.5 | $0 | |
Theresa Randolf Director | 2.5 | $0 | |
Ross Champion Director | 0.5 | $0 | |
Bill Moore Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,291 |
| Interest on Savings | $598 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$254 |
| Other Income | $19,915 |
| Total Revenue | $22,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,842 |
| Total operating and administrative expenses | $11,950 |
| Contributions, gifts, grants paid | $13,350 |
| Total expenses and disbursements | $25,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,854 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $62,854 |
| Accounts payable and accrued expenses | $4,741 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,741 |
Grants Awarded
Over the last fiscal year, Mount Clemens Kiwanis Club Foundation Inc has awarded $13,350 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
METRO PARK SPLASH PAD PURPOSE: COMMUNITY SUPPORT | $5,000 |
Mason, MI PURPOSE: SCHOLARSHIPS | $4,000 |
WIGS 4 KIDS PURPOSE: CHARITY | $2,000 |
MOUNT CLEMENS SANTA PARADE PURPOSE: COMMUNITY SUPPORT | $1,000 |
SELFRIDGE AIR MUSEUM PURPOSE: COMMUNITY SUPPORT | $750 |
Mount Clemens, MI PURPOSE: CHARITY | $600 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mount Clemens Kiwanis Club Foundation Inc has recieved totaling $20,253.
| Awarding Organization | Amount |
|---|---|
Christian W Konstanzer Endowment Fund Mount Clemens, MI PURPOSE: KIWANISCHARITIES | $15,706 |
Christian W Konstanzer Endowment Fund Mount Clemens, MI PURPOSE: KIWANISCHARITIES | $4,547 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Burke Foundation Inc Milwaukee, WI | $121,362,007 | $6,169,378 |
Legacy Ministries International Miamisburg, OH | $19,772,122 | $9,496,870 |
Delta Dental Fund Lansing, MI | $137,389,492 | $20,883,469 |
Henrietta M Riley Trust 33b006006 Fbo Detroit, MI | $3,389,171 | $4,902,878 |
Vine And Branches Foundation Inc Brookfield, WI | $8,641,827 | $2,521,561 |
Association Of State Floodplain Managers Inc Madison, WI | $3,465,086 | $3,791,524 |
Higley Fund Of The Cleveland Foundation Cleveland, OH | $45,795,016 | $3,866,437 |
William T And Frances A Little Foundation Kalamazoo, MI | $11,702,405 | $13,614,004 |
Iba Foundation Inc Indianapolis, IN | $12,440,961 | $2,236,680 |
Ashland Legacy Tr Ashland, OH | $4,120,436 | $0 |
Northeastern Wisconsin Area Health Education Center Inc Manitowoc, WI | $935,274 | $1,545,706 |
Transformation Trust Inc Indianapolis, IN | $23,182,828 | $1,253,752 |