Kiwanis Charities Of Rockford Inc
- Assets
- $2.6m
- Revenue
- $30.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, IL
- Founding
- 04/1960
- Data as of
- 09/2022
- EIN
- 36-6167609
Organization Overview
Kiwanis Charities Of Rockford Inc is located in Rockford, IL. The organization was established in 1960. According to its NTEE Classification (S82) the organization is classified as: Mens 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. Kiwanis Charities Of Rockford 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 09/2022, Kiwanis Charities Of Rockford Inc generated $30.4k 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 (11.3%) each year. All expenses for the organization totaled $167.9k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kiwanis Charities Of Rockford Inc has awarded 18 individual grants totaling $302,989. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE KIWANIS CLUB OF ROCKFORD IS A NOT-FOR-PROFIT ORGANIZATION OF SERVICE-MINDED VOLUNTEERS GUIDED BY THE OBJECTS OF KIWANIS INTERNATIONAL. OUR PURPOSE IS TO IMPROVE THE QUALITY OF LIFE FOR THE YOUTH WE SERVE BY FOSTERING THEIR HEALTH, ACADEMIC SUCCESS, CHARACTER DEVELOPMENT AND THEIR DREAMS FOR THE FUTURE. OUR ACTIVITIES ARE EDUCATIONAL SCHOLARSHIPS AND GRANTS TO OTHER 501(C)(3) ORGANIZATIONS THAT FURTHER OUR PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO NON-PROFIT ORGANIZATIONS
SCHOLARSHIPS TO HIGH SCHOOL SENIORS FOR FRESHMAN YEAR COLLEGE EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Davidson President | Officer | 20 | $0 |
Amy Prosise Treasurer | Officer | 15 | $0 |
Mary Price Secretary | Officer | 20 | $0 |
Darlene Riddle Co-President | Officer | 15 | $0 |
Sue Buzzard Past President | Officer | 0 | $0 |
Erich Hagenlocher Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,098 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,261 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,359 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,359 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $128,209 |
| Grants and other assistance to domestic individuals. | $16,000 |
| 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 | $3,296 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,366 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $167,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,590 |
| Savings and temporary cash investments | $46,489 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,497,508 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,583,587 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $2,583,587 |
| Total liabilities and net assets/fund balances | $2,583,587 |
Grants Awarded
Over the last fiscal year, Kiwanis Charities Of Rockford Inc has awarded $87,901 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Rockford, IL PURPOSE: support a program for youth that incorporates building relationships with community leaders including public safety officers | $25,000 |
Rockford, IL PURPOSE: improvements for access for impaired clients of RAMP | $20,000 |
Rockford, IL PURPOSE: roof repair/replacement | $18,000 |
Rockford, IL PURPOSE: fund mentor | $14,401 |
Loves Park, IL PURPOSE: support for organization to help disabled young adults | $10,500 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Kiwanis Charities Of Rockford Inc has recieved totaling $24,737.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Northern Illinois Rockford, IL PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT | $23,430 |
The Bergstrom Inc Charitable Foundation Chicago, IL PURPOSE: GENERAL | $1,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $57 |
Endowment Analysis
| Beg. Balance | $2,603,746 |
| Earnings | $588,903 |
| Admin Expense | $19,524 |
| Net Contributions | $76,633 |
| Grants | $131,828 |
| Ending Balance | $3,117,930 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Benevolent & Protective Order Of Elks Of The Usa Chicago, IL | $112,726,648 | $35,919,153 |
Scottish Rite Of Indianapolis Foundation Inc Indianapolis, IN | $0 | $534,028 |
Honorable Order Of Kentucky Colonels Inc Louisville, KY | $20,472,188 | $3,774,310 |
Rotary Club Of Eagle Grove Home Inc Eagle Grove, IA | $8,126,416 | $3,393,944 |
Wisconsin Lions Foundation Inc Rosholt, WI | $5,796,659 | $2,674,494 |
Grand Lodge Free And Accepted Masons Of Wisconsin Dousman, WI | $20,615,533 | $1,512,564 |
Free & Accepted Masons Of Wisconsin Dousman, WI | $19,517,014 | $1,769,525 |
Masonic Service Association Education Department Cedar Rapids, IA | $2,075,599 | $697,011 |
Benevolent & Protective Order Of Elks Of The Usa Milwaukee, WI | $891,249 | $448,416 |
Abu Bekr Shriners Sioux City, IA | $1,579,457 | $332,613 |
Independent Order Of Odd Fellows Fenton, MO | $6,548,958 | $593,158 |
Benevolent & Protective Order Of Elks Of The Usa Mount Carmel, IL | $517,780 | $164,574 |