Mukilteo Kiwanis Foundation

Nonprofit profile at a glance

EIN: 821894683
IRS 990-EZ coverage: 2022–2024
Forms available: Form 990-EZ 2024, Form 990-N 2021
Location: Mukilteo, WA, USA
Phone: 2103057674
Rating: 86
Verdict: STRONG
Rating confidence: Moderate
Sector: Public Foundations

Reported finances

Revenue: $58,451
Expenses: $50,529
Assets: $72,709
Liabilities: $0

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

Leadership & pay

11 people listed

Executive titles in this filing

Joe Hannan (President)
Kim Voetberg (Vice President)
Pam Taylor (Immediate Past President)

People named in this filing

Nora Lewis (Treasurer)
Joe Hannan (President)
Beth Kerwin (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

Raise funds to support College Scholarships for community seniors and youth focused community projects.

What it reported doing in 2024

Recurring community and state funding: these are recurring non-profits identified for disbursement per our local or district policies. These annual recurring disbursement include the Kiwanis Children's Cancer Program at Seattle Children's Hospital, funding YMCA's Thanksgiving meal distribution to families, and SIGN fracture care international, a non-profit supported by our district organization.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

Financial Efficiency: 90
Transparency & Controls: 82
Sustainability: 62
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 84.6%; rating input score 85
Program expense ratio: 97.8%; rating input score 98

Transparency & Controls

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

Sustainability

Operating margin: 13.6%; rating input score 66; 66th percentile among comparable filings
Total-asset coverage ratio: 1.44; rating input score 56; 56th 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: 29.3% per year; rating input score 100; 87th percentile among comparable filings
Revenue growth: 103% per year; rating input score 100; 99th percentile among comparable filings
Asset growth: 12.3% per year; rating input score 100; 77th percentile among comparable filings

Details

Where the money goes: 84.6% of revenue deployed · 97.8% of spending went to programs
Governance: Filed governance answers
Accomplishments: 4 filed program accomplishments · $49K in reported program spending
Leadership: top reported pay $0 · 11 people listed
Consistency: 9 of 9 current checks pass
Schedules: 3 filed schedules
Filing history: 3 filing years from 2022 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.

Review — Sustainability: Total-asset coverage ratio scored 56/100.
Review — Sustainability: Officer compensation ratio scored 56/100.