Torrey Pines Kiwanis Foundation
- Assets
- $459.0k
- Revenue
- $76.8k
- Investments
- $0.0
- Employees
- 0
- Location
- La Jolla, CA
- Founding
- 03/1990
- Data as of
- 12/2021
- EIN
- 33-0329642
Organization Overview
Torrey Pines Kiwanis Foundation is located in La Jolla, CA. The organization was established in 1990. 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. Torrey Pines Kiwanis Foundation 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, Torrey Pines Kiwanis Foundation generated $76.8k 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 (6.8%) each year. All expenses for the organization totaled $7.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (35.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Torrey Pines Kiwanis Foundation has awarded 28 individual grants totaling $435,350. 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
ORGANIZE, OPERATE, AND SUPPORT SPORTS AND RECREATION PROGRAMS FOR SAN DIEGANS WITH DISABILITIES, WHILE PROVIDING THE HIGHEST QUALITY ARTS AND ENTERTAINMENT EXPERIENCE FOR ITS CONTRIBUTORS, VOLUNTEERS, AND VISITORS OF CORPORATION SPONSORED ACTIVITIES IN SUPPORT OF THAT MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING WAS PROVIDED TO QUALIFIED CHARITABLE, EDUCATIONAL AND ATHLETIC ORGANIZATIONS SELECTED BY THE FOUNDATION FOR ADAPTIVE SPORTS AND EQUIPMENT.
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 |
|---|---|---|---|
Al Kovach Vice-President | OfficerTrustee | 5 | $0 |
Don Ludwig Treasurer | OfficerTrustee | 20 | $0 |
Peter Ballantyne President | OfficerTrustee | 20 | $0 |
Jim Spievak Secretary | OfficerTrustee | 5 | $0 |
Roy Warfield Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,480 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,480 |
| Total Program Service Revenue | $0 |
| Investment income | $85,462 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$28,116 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $76,826 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,061 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $732 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $522 |
| 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 | $2,613 |
| All other expenses | $0 |
| Total functional expenses | $7,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,101 |
| Savings and temporary cash investments | $8,575 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,564 |
| 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 | $31,000 |
| Net Land, buildings, and equipment | $864 |
| Investments—publicly traded securities | $338,914 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $459,018 |
| Accounts payable and accrued expenses | $10,621 |
| 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 | $0 |
| Total liabilities | $10,621 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $448,397 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $459,018 |
Grants Awarded
Over the last fiscal year, Torrey Pines Kiwanis Foundation has awarded $20,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Durango, CO PURPOSE: Adaptive programs and or equipment | $15,000 |
San Diego, CA PURPOSE: Adaptive programs and or equipment | $5,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fresno Building Healthy Communities Fresno, CA | $7,681,991 | $11,111,006 |
Korean Immigrant Workers Advocates Of Southern California Los Angeles, CA | $4,731,702 | $8,492,805 |
Native Americans For Community Action Inc Flagstaff, AZ | $13,508,728 | $5,982,716 |
Goleta Valley Professional Buildings Inc Santa Barbara, CA | $89,343,424 | $8,414,379 |
Foothill Ranch Maintenance Corporation Irvine, CA | $3,077,161 | $4,440,100 |
Pilipino Workers Center Of Southern Los Angeles, CA | $1,734,132 | $5,015,376 |
Southwest District Kiwanis Foundation Carefree, AZ | $3,902,018 | $3,838,305 |
Benevolent & Protective Order Of Elks Of The Usa Honolulu, HI | $18,759,259 | $3,966,966 |
Alliance For African Assistance San Diego, CA | $4,342,451 | $2,754,226 |
Samoan Community Development Center Incorporated San Francisco, CA | $808,922 | $2,608,203 |
Imagine Worldwide Mill Valley, CA | $4,339,932 | $3,145,641 |
East Bay Sanctuary Covenant Berkeley, CA | $2,472,298 | $3,238,698 |