The Lowell Kiwanis Foundation Inc
Nonprofit profile at a glance
- EIN
- 043292078
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Lowell, MA, USA
- Phone
- 9787614232
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Service Clubs
Reported finances
- Revenue
- $33,833
- Expenses
- $18,737
- Assets
- $135,195
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- ROBERT SHERBS (PRESIDENT)
- THOMAS SPEROUNIS (V PRESIDENT)
People named in this filing
- ROBERT SHERBS (PRESIDENT)
- KAREN CAWLEY (TREASURER)
- KELLY HORAN-FUCCI (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 provide: 1. Financial assistance to other local charitable organizations 2. Volunteer our services when needed for youth, senior and other community activities, and 3. Provide scholarships to qualified students.
What it reported doing in 2024
Monster bash - a safe halloween and haunted house for approximately 2000 children 12 years of age or under at the lowell city hall
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 83
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53%; rating input score 53
- Program expense ratio: 95.7%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 44.6%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 7.22; rating input score 89; 89th 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: 28.8% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 30% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 5.3% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 53% of revenue deployed · 95.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 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 — Financial Efficiency: Mission deployment rate scored 53/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 56/100.