Kiwanis Club of Des Moines Iowa Foundation
Nonprofit profile at a glance
- EIN
- 421376704
- IRS 990-EZ coverage
- 2017–2022
- Forms available
- Form 990-EZ 2022
- Location
- Des Moines, IA, USA
- Phone
- 5152829045
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $63,472
- Expenses
- $198,341
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- ROBERT MITCHELL (PRESIDENT)
People named in this filing
- RACHEL MCCANN (DIRECTOR)
- CAROL TOWNER (TREASURER)
- ALLEN GREEN RESIGNED (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Kiwanis is a global organization of volunteers dedicated to improving the world, one child and one community at a time. Kiwanis club of des moines, Iowa, foundation supports the kiwanis club of des moines in this mission.
What it reported doing in 2022
The foundation supports the kiwanis club of des moines through its fund raising efforts and kiwanis member volunteerism. The foundation makes grants to various organizations that support youth, such as ronald mcdonald charities, community youth concepts, greenwood school, sleep in heavenly peace, and the miracle league of des moines kiwanis. Grants are also made to organizations supporting disadvantaged youth for campships. Events are also held in conjunction with various social service agencies in the des moines area during the holiday season to provide a holiday celebration and gifts to the children these organizations serve. During 2023, due to ongoing membership concerns, the supported orgainzation terminated thereby causing the board of directors to terminate this organization and liquidate its assets for distribution to 501(c)(3) organizations, as required by its bylaws. See schedule n. All grants are made in conjunction with the supported organization in furthering its charitable mission.
Operating model
- Revenue model
- Investment-supported. 98% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 10
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -212.5%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 30.4% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: -4.2% per year; rating input score 0; 41st percentile among comparable filings
- Asset growth: -22.5% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $198K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2017 to 2022
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.