KIWANIS INTERNATIONAL INC K01536 Kiwanis Club of Panama City Inc

Nonprofit profile at a glance

EIN
596151276
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Panama City, FL, USA
Phone
8508321048
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$145,309
Expenses
$160,677
Assets
$227,037
Liabilities
$0

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

Leadership & pay

15 people listed

Executive titles in this filing

  • Eric Spoon (Vice President)
  • Sharon Trainor (President Elect)
  • Stefanie Gall (President)

People named in this filing

  • Doug Huntsucker (Director)
  • Keith Forehand (Treasurer)
  • Eric Krebs (Secretary)

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

To aid underpriviledged children and families.

What it reported doing in 2024

In preparation to celebrate the Club's 100th anniversary, a deposit was issued to purchase playground equipment for a City park that was destroyed by hurricane Michael in 2018. Will benefit thousands of children in the coming years.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.2%; rating input score 81
  • Program expense ratio: 69.9%; rating input score 70

Transparency & Controls

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

Sustainability

  • Operating margin: -10.6%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 1.41; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 52.2% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 28.5% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 8.7% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 81.2% of revenue deployed · 69.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $112K in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 15/100.