Beverly Kiwanis Foundation Inc
- Assets
- $18.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly, MA
- Founding
- 11/2003
- EIN
- 83-0370734
Organization Overview
Beverly Kiwanis Foundation Inc is located in Beverly, MA. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beverly Kiwanis 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 undefined, Beverly Kiwanis Foundation Inc generated $13.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $11.1k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 4 years. 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
Describe the Organization's Program Activity:
Part 3
IN 2021 WE HANDED OUT A SCHOLARSHIPS FOR GRADUATING SENIORS. WE ALSO DONATED TO SEVERAL LOCAL NON PROFITS WHO HELP FEED CHILDREN FROM FOOD INSECURE FAMILIES. WE ISSUE MANY DONATIONS TO SEVERAL NON PROFIT GROUPS THAT BENEFIT LOW INCOME FAMILIES IN NEED OR HELP WITH CHILDRENS EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Dillon Treasurer | 1 | $0 | |
Riley Leblanc Board Member | 1 | $0 | |
Kyle Connolly Immediate President | 0 | $0 | |
John Maihos Secretary | 1 | $0 | |
Richard Vincent Director | 1 | $0 | |
Tom Pawlyk Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,968 |
| Other Revenue | $0 |
| Total Revenue | $12,968 |
| Statement of Expenses | |
|---|---|
| Total expenses | $11,136 |
| Balance Sheet | |
|---|---|
| Total assets | $18,403 |
| Total liabilities | $865 |
| Net assets or fund balances | $17,538 |