Kiwanis Club of Santa Fe NM

Nonprofit profile at a glance

EIN
850105597
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-N 2008
Location
Santa Fe, NM, USA
Phone
5057953662
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,447,848
Expenses
$2,394,805
Assets
$401,831
Liabilities
$105,521

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

Leadership & pay

12 people listed

Executive titles in this filing

  • Jacob Romero (Past President)
  • Ned Harris (President)
  • Robert Clifford (Vice President)

Highest reported compensation

  • Jacob Romero (Past President): $4,990 total reported compensation
  • Ryan Miller (Treasurer): $995 total reported compensation
  • Mary Armijo y Clifford (Director): $153 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Serving the children or the world and promoting the six objective of Kiwanis international.

What it reported doing in 2024

The "Burning of Will Shuster's Zozobra", is a unique cultural experience staged by the Kiwanis Club of Santa Fe. The event is an annual pageant which features the burning of a 50-foot marionette called "Zozobra or Old Man Gloom". As Zozobra burns, it is said that with him go the feelings of gloom from the past year. Zozobra, created by Will Shuster, was introduced to the Santa Fe Fiestas in 1924. The Kiwanis Club of Santa Fe was assigned all rights in "Zozobra" by artist Shuster on June 19, 1964. Currently, Zozobra requires over 3,500 volunteer hours to plan, present, construct, and stage the pageant. Planning the event is a year-round process and involves the cooperation of the City of Santa Fe. Zozobra is a community event that is a tradition for many Santa Feans. Over 48,500 attended the Burning of the Zozobra in September 2025.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 94
  • Accountability: 77
  • Sustainability: 14
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.2%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -65.4%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 0.3%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: 22% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 19.1% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 14.9% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 93.2% of spending went to programs
  • Governance: 12 of 12 board members independent · 4 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $2.2M in reported program spending
  • Leadership: top reported pay $5K · 12 people listed
  • Highest-paid contractors: 4 contractors listed · $506K reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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.

  • Moderate — Accountability: Governance controls: 4 of 8 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.