Glendale Kiwanis Foundation
- Assets
- $1.0m
- Revenue
- $142.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Glendale, CA
- Founding
- 09/1968
- Data as of
- 09/2023
- EIN
- 95-6225168
Organization Overview
Glendale Kiwanis Foundation is located in Glendale, CA. The organization was established in 1968. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glendale Kiwanis 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, Glendale Kiwanis Foundation generated $142.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $123.4k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSESS NEEDS OF THE COMMUNITY, ESPECIALLY CHILDREN, AND TO DEVELOP AND IMPLEMENT SERVICE PROJECTS AND ALLOCATION OF GRANTS TO FULFILL THOSE NEEDS. COMMUNITY SERVICE CLUB - "KIWANIS IS A GLOBAL ORGANIZATION OF VOLUNTEERS DEDICATED TO CHANGING THE WORLD ONE CHILD AND ONE COMMUNTIY AT A TIME."
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROCEEDS FROM THE ANNUAL RUBBER DUCK RACE EVENT ARE DISTRIBUTED IMMEDIATELY TO THE NONPROFIT ORGANIZATIONS AND SCHOOLS THAT HAVE PARTICIPATED TO HELP RAISE THE FUNDS. OVER 30 SUCH GROUPS WERE PRESENTED CHECKS AT THE ANNUAL EVENT.
ACADEMIC SCHOLARSHIPS ARE DISBURSED TO COLLEGES AND UNIVERSITIES FOR ALLOCATION TOWARD THE TUITION ACCOUNTS OF SELECTED STUDENTS BASED ON ACADEMIC ACCOMPLISHMENTS, LEADERSHIP ABILITIES, COMMUNITY SERVICES RENDERED, AND FINANCIAL NEED.
FORM 990, PART III, LINES 4 A-D GRANTS AND ALLOCATIONSFIESTA OF THE SPANISH HORSE- ASCENCIA GUEST CHEFS - FAMILY PROMISE - GLENDALE COLLEGE CIRCLE K - HOOVER HIGH SCHOOL KEY CLUB - LUNCHES - CAR SEAT INSPECTION PROGRAM - ELIMINATE PROJECT - GLENDALE MEMORIAL HOSPITAL WOMEN'S CENTER -CAL-NEV-HA DISTRICT FOUNDATION - READING LITERACY - COLLEGE VIEW FIELD TRIP - COPS 4 KIDS - CVHS PROM PLUS - FOOTHILL AUTISM ALLIANCE - GLENDLAE HEALTHY KIDS GLENDALE POPS YOUTH CHORUS - GLENDALE YMCA PROGRAMS - KIWANIS FULFILLS A DREAM - SALVATION ARMY DINNER - SCHOOL CLOTHING FOR LOW INCOME - YMCA-ADOPT A FAMILY XMAS - YMCA CAMP Y - OTHER GRANTS AND ALLOCATIONS UNDER $1,000 EACH -
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Larrigan Secretary | OfficerTrustee | 1 | $0 |
Lisa Brooks President Elect | Trustee | 3 | $0 |
Mike Swan Past President | OfficerTrustee | 1 | $0 |
Patricia Magoffin Treasurer | OfficerTrustee | 1 | $0 |
Karen Swan Director | OfficerTrustee | 1 | $0 |
Pat Liddell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,546 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,546 |
| Total Program Service Revenue | $0 |
| Investment income | $25,698 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,513 |
| Net Income from Fundraising Events | $71,978 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $142,735 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $78,073 |
| Grants and other assistance to domestic individuals. | $22,940 |
| 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 | $0 |
| Fees for services: Accounting | $2,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $331 |
| Advertising and promotion | $0 |
| Office expenses | $219 |
| Information technology | $164 |
| 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 | $4,820 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,410 |
| All other expenses | $94 |
| Total functional expenses | $123,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,273 |
| Savings and temporary cash investments | $8,370 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$500 |
| 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 | $105 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $904,273 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$300 |
| Total assets | $1,003,221 |
| 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 | $1,003,221 |
| Total liabilities and net assets/fund balances | $1,003,221 |
Grants Awarded
Over the last fiscal year, Glendale Kiwanis Foundation has awarded $12,904 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DISASTER RELIEF PUERTO RICO | | | $5,250 |
KIWANIS CAL-NEV-HA FND PURPOSE: ACTIVITY SUPPORT | $7,654 |