McKinney Kiwanis Foundation

Nonprofit profile at a glance

EIN
273890253
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
McKinney, TX, USA
Phone
4697421007
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Services N.E.C.

Official website

Reported finances

Revenue
$33,629
Expenses
$29,278
Assets
$66,047

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Brian Hazelwood (Vice President)
  • Sara Thomas (President)

People named in this filing

  • Lori Bhargava (Treasurer)
  • Jared Cole (Director)
  • Tim McWilliams (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

McKinney Kiwanis Foundation, Inc was formed to provide financial and volunteer assistance to our community. This is accomplished by holding fundraising events and small community donations. The organization makes donations to the local charities that supports children and the elderly. The organization also provides volunteers from the Kiwanis Club of McKinney to help local organizations with their mission in the community

What it reported doing in 2024

The organization provides continuing assistance to the elderly in our community through our volunteers and donations. The organization provides volunteers, materials, and supplies to build wheelchair ramps for those who cannot afford them. The organization also assist in senior living facilities, Meals on Wheels, and donate to other organizations that support this cause.

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

SUPPORTED - 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: 47
  • Transparency & Controls: 82
  • Sustainability: 58
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 44.5%; rating input score 44
  • Program expense ratio: 51.1%; rating input score 51

Transparency & Controls

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

Sustainability

  • Operating margin: 12.9%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 2.26; rating input score 68; 68th 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: -6.8% per year; rating input score 0; 32nd percentile among comparable filings
  • Revenue growth: -5.6% per year; rating input score 0; 33rd percentile among comparable filings
  • Asset growth: 6.2% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 44.5% of revenue deployed · 51.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $15K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2013 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
  • Review — Financial Efficiency: Program expense ratio scored 51/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.