Kiwanis Foundation of Wauwatosa Inc

Nonprofit profile at a glance

EIN
396092640
IRS 990-EZ coverage
2017–2019
Forms available
Form 990-EZ 2019, Form 990-N 2010
Location
Milwaukee, WI, USA
Phone
4147970201
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$17,533
Expenses
$48,091
Assets
$371,824

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • GARY KNISBECK (PRESIDENT ELECT)
  • CHUCK STURM (President)
  • ROBERT GROSS (PAST PRESIDENT)

People named in this filing

  • ROBERT RITTER (Director)
  • JESSE DORSHAK (Director)
  • GARY KNISBECK (PRESIDENT ELECT)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kiwanis empowers communities to improve the world by making lasting differences in the lives of children. Activities of Wauwatosa Kiwanis Foundation includes college scholarships for Wauwatosa high school students, support for local youth based organizations and community activities

What it reported doing in 2019

Youth services -the foundation has a youth services committee with the purpose of providing grants and support to local schools and related youth-based activities. Beneficiaries include high school key club and middle school circle k club (both are kiwanis branded groups), west high school "we the people" american constituion competition, local boy scout troops, west high school stem project, and post-prom party for east and west high schools.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. 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: 38
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 49.6%; rating input score 50
  • Program expense ratio: 18.1%; rating input score 18

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -174.3%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 7.73; rating input score 90; 90th 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: -29.8% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -70.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -9.9% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 49.6% of revenue deployed · 18.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $9K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2017 to 2019
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • High — Financial Efficiency: Program expense ratio scored 18/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.