Kiwanis Foundation Of Racine Inc is located in Saint Francis, WI. The organization was established in 1966. 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. Kiwanis Foundation Of Racine 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 12/2023, Kiwanis Foundation Of Racine Inc generated $23.0k 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 (29.3%) each year. All expenses for the organization totaled $557.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SUPPORT FOR YOUTH IN ORGANIZATIONS LOCATED IN THE RACINE, WI AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Neal Kueny President | 1 | $0 | |
Phillip Devlin Treasurer | 2 | $0 | |
Melissa Loebach Secretary | 1 | $0 | |
Michael Bishop Director | 1 | $0 | |
Sherry Heck Director | 1 | $0 | |
Fred Kaste Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,013 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $7,011 |
Gain or Loss | $10,985 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $23,009 |
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 | $2,625 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $244 |
Other expenses | $263 |
Total expenses | $557,775 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |