The Kiwanis Club Of Norfolk Foundation Inc
- Assets
- $796.3k
- Revenue
- $61.4k
- Investments
- $743.7k
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 08/1982
- Data as of
- 12/2022
- EIN
- 52-1258705
Organization Overview
The Kiwanis Club Of Norfolk Foundation Inc is located in Norfolk, VA. The organization was established in 1982. 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 Club Of Norfolk 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 12/2022, Kiwanis Club Of Norfolk Foundation Inc generated $61.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $48.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Kiwanis Club Of Norfolk Foundation Inc has awarded 123 individual grants totaling $357,791. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS VARIOUS LOCAL CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Harlow President/di | 0.5 | $0 | |
Neil Rose Sec/treas/di | 1 | $0 | |
Tom Enright Director | 0.5 | $0 | |
Gary Layne Director | 0.5 | $0 | |
Carolyn Clark Club Preside | 0.5 | $0 | |
Debbie Stizer-Brame Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $43,661 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,102 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$372 |
| Capital Gain Net Income | $6,052 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,391 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $339 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,898 |
| Contributions, gifts, grants paid | $37,500 |
| Total expenses and disbursements | $48,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,241 |
| Net Accounts receivable | $326 |
| 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 | $796,285 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, The Kiwanis Club Of Norfolk Foundation Inc has awarded $37,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
EDMARC PURPOSE: GENERAL CHARITABLE | $7,475 |
VB EDUCATION FOUNDATION PURPOSE: GENERAL CHARITABLE | $4,500 |
Chesapeake, VA PURPOSE: GENERAL CHARITABLE | $3,000 |
ZEIDERS AMERICAN DREAM THEATER PURPOSE: GENERAL CHARITABLE | $3,000 |
VIRGINIA ZOO PURPOSE: GENERAL CHARITABLE | $2,750 |
Chesapeake, VA PURPOSE: GENERAL CHARITABLE | $2,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Randolph Community Service Inc Randleman, NC | $1,820,869 | $8,445,154 |
Virginia Regional Transit Purcellville, VA | $16,382,383 | $8,231,477 |
Jaars Inc Waxhaw, NC | $12,433,340 | $6,450,483 |
Lynchburg South Lodge No 1727 Loyal Order Of The Moose Lynchburg, VA | $3,317,172 | $6,195,077 |
Links Foundation Inc Washington, DC | $23,252,589 | $7,772,032 |
Solutions That Empower People Inc Rocky Mount, VA | $2,704,443 | $4,763,662 |
Rooftop Of Virginia Cap Galax, VA | $1,411,246 | $4,260,955 |
Coalition For Epidemic Preparedness Innovations Us Cepi Us Washington, DC | $496,981 | $3,699,855 |
Quincy Institute For Responsible Statecraft Washington, DC | $4,164,590 | $5,927,477 |
Links Inc Washington, DC | $4,292,403 | $3,184,929 |
Verona Lodge No 2172 Loyal Order Of Moose Verona, VA | $1,329,295 | $2,797,840 |
Ruritan National Corp Gate City, VA | $138,336 | $2,816,142 |