Kiwanis Club Of Folsom Lake Foundation
- Assets
- $71.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Folsom, CA
- Founding
- 07/2016
- Data as of
- 09/2023
- EIN
- 68-0234986
Organization Overview
Kiwanis Club Of Folsom Lake Foundation is located in Folsom, CA. The organization was established in 2016. 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 Folsom Lake 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 09/2023, Kiwanis Club Of Folsom Lake Foundation generated $22.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $8.5k during the year ending 09/2023. While expenses have increased by 0.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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 Mission:
Part 3 - Line 1
KIWANIS IS A GLOBAL ORGANIZATION OF VOLUNTEERS DEDICATED TO IMPROVING THE WORLD ONE CHILD, AND COMMUNITY AT A TIME.
Describe the Organization's Program Activity:
Part 3
SUPPORT VARIOUS OTHER CHARITABLE ORGANIZATIONS AND FUND RAISING ACTIVITIES IN FOLSOM, SUCH AS 1.) SOBER GRAD NIGHT, 2.) TWIN LAKES FOODBANK, 3.) ELIMINATE PROJECT, 4.) BOY SCOUTS - EAGLE SCOUT PROJECTS.
PROVIDED SUPPORT FOR THE KIWANIS FAMILY HOUSE. THE KIWANIS FAMILY HOUSE PROVIDES LODGING FOR PARENTS WITH CHILDREN IN THE HOSPITAL WHO OTHERWISE COULD NOT BE AVAILABLE TO SUPPORT THEIR CHILDREN WHILE THEY ARE IN THE HOSPITAL.
SCHOLARSHIP PROGRAM: FOLSOM LAKE KIWANIS PROVIDED SCHOLARSHIPS TO FOLSOM AREA HIGH SCHOOL GRADUATES TO HELP COVER COLLEGE TUITION/COSTS. WE PROVIDED 1000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlayne Bowman President | 10 | $0 | |
John Fukasawa Secretary | 3 | $0 | |
Jeff Gorrell Treasurer | 5 | $0 | |
Betsy Fallacaro Board Member | 2.5 | $0 | |
Ben Stephen Board Member | 2.5 | $0 | |
Robert Bowman Board Member | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,587 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,644 |
| Other Revenue | $50 |
| Total Revenue | $22,281 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,504 |
| Total expenses | $8,504 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,898 |
| Other assets | $0 |
| Total assets | $71,344 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,344 |