Kiwanis Club of Norfolk Va

Nonprofit profile at a glance

EIN
540928570
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Norfolk, VA, USA
Phone
7576231910
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Community Service Clubs

Official website

Reported finances

Revenue
$69,756
Expenses
$71,355
Assets
$73,879
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • David Brandt (Vice President)
  • Gary Layne (President)
  • Chris Bryant (President Elect)

People named in this filing

  • Elyse brown (Board Member)
  • John Hudson (Board member)
  • Cliffford Bussard (Treasurer)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kiwanis Club of Norfolk raises funds to support charities which help underprivileged children in the Norfolk-Virginia Beach area. Annual contributions are made to the Kiwanis Club of Norfolk Foundation which selects and distributes funds to local charities.

What it reported doing in 2024

Contributed to fishing outing ($250) as a service leadership project in support of underprivileged children. Contributed children's books to Norfolk Public Library ($132). Also, listed as other expenses in Part 1, line 16.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 15
  • Transparency & Controls: 82
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 15.2%; rating input score 15
  • Program expense ratio: 14.8%; rating input score 15

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -2.3%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 1.04; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 29.4% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 0.3% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 15.2% of revenue deployed · 14.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $11K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 15/100.
  • High — Financial Efficiency: Program expense ratio scored 15/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.