Civic Intelligence

Nebraska Iowa Kiwanis District Foundation

990 • Fiscal year 2018 • EIN 23-7080872

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 15, 2019

1207 Poplar LaneStorm Lake, IA 50588

(712) 732-6104

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

36th percentile

0.01x

Higher debt load relative to revenue than 36% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

60th percentile

7.8%

Higher net margin than 60% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

51st percentile

1.9%

Faster asset growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

51st percentile

4.4%

Faster revenue growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$618,352

Up $11,280 (+1.9%) from 2017

Net Assets

Up

$617,547

Up $12,410 (+2.1%) from 2017

Liabilities

Down

$805

Down $1,130 (-58%) from 2017

Revenue

Up

$118,676

Up $5,050 (+4.4%) from 2017

Expenses

Down

$109,401

Down $1,310 (-1.2%) from 2017

Net Income

Up

$9,275

Up $6,360 (+218%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2013: $572,994Liabilities 2013: $0Net Assets 2013: $572,9942013Assets 2014: $640,501Liabilities 2014: $620Net Assets 2014: $639,8812014Assets 2015: $581,972Liabilities 2015: $200Net Assets 2015: $581,7722015Assets 2016: $569,192Liabilities 2016: $548Net Assets 2016: $568,6442016Assets 2017: $607,072Liabilities 2017: $1,935Net Assets 2017: $605,1372017Assets 2018: $618,352Liabilities 2018: $805Net Assets 2018: $617,5472018Assets 2020: $669,701Liabilities 2020: $4,100Net Assets 2020: $665,6012020Assets 2022: $619,338Liabilities 2022: $4,100Net Assets 2022: $615,2382022Assets 2024: $794,621Liabilities 2024: $0Net Assets 2024: $794,6212024Assets 2025: $860,295Liabilities 2025: $0Net Assets 2025: $860,2952025

Highlighted filing

2018

Assets$618,352
Liabilities$805
Net Assets$617,547

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KExpenses 2013: $84,9852013Revenue 2014: $107,476Expenses 2014: $83,959Net Income 2014: $23,5172014Revenue 2015: $106,209Expenses 2015: $123,904Net Income 2015: -$17,6952015Revenue 2016: $132,400Expenses 2016: $145,346Net Income 2016: -$12,9462016Revenue 2017: $113,626Expenses 2017: $110,711Net Income 2017: $2,9152017Revenue 2018: $118,676Expenses 2018: $109,401Net Income 2018: $9,2752018Revenue 2020: $88,908Expenses 2020: $44,773Net Income 2020: $44,1352020Revenue 2022: $63,598Expenses 2022: $104,878Net Income 2022: -$41,2802022Revenue 2024: $89,623Expenses 2024: $42,982Net Income 2024: $46,6412024Revenue 2025: $87,396Expenses 2025: $57,596Net Income 2025: $29,8002025

Highlighted filing

2018

Revenue$118,676
Expenses$109,401
Net Income$9,275
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 15, 2019
Return Version
2017v2.2
Gross Receipts
$135,424
Mission and Program Overview

Mission

The NE-IA Kiwanis District Foundation provides services and funds to benefit children thru grants made to Kiwanis clubs in the Nebraska-Iowa Kiwanis District in addition to the funding and operation of the Camp OK, Key Leader, and Backpack service programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$536,038$538,447▲ $2,409
Savings and Temporary Cash Investments$52,170$68,003▲ $15,833
Cash and Non-Interest-Bearing Accounts$6,599$10,930▲ $4,331
Prepaid Expenses and Deferred Charges$2,500--
Inventories for Sale or Use$8,890$702▼ $8,188
Accounts Receivable$875$270▼ $605
Total Assets$607,072$618,352▲ $11,280
Liabilities
Accounts Payable and Accrued Expenses$1,935$805▼ $1,130
Total Liabilities$1,935$805▼ $1,130
Net Assets / Fund Balance
Permanently Rstr Net Assets$383,892$384,047▲ $155
Unrestricted Net Assets$210,107$221,756▲ $11,649
Temporarily Rstr Net Assets$11,138$11,744▲ $606
Total Net Assets Fund Balance$605,137$617,547▲ $12,410
Total Liabilities and Net Assets / Fund Balance$607,072$618,352▲ $11,280
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$25,948
Program Service Revenue
$60,672
Investment Income
$32,056
Other Revenue
$0
All Other Contributions
$25,948
Change in Net Assets
$9,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$84,505
Grants and Similar Amounts Paid$24,896
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$24,896--$24,896
Other Expenses$18,848--$18,848
Fees for Service Investment Mgmnt Fees-$1,950-$1,950
Office Expenses-$728-$728
Total Functional Expenses$106,723$2,678$0$109,401
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Partnership for Healthy LincolnLincoln, NE--$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The Form 990 is reviewed by the executive committee at its regularly scheduled meeting.

Officer director etc mailing address Part VI line 9

Executive committee members and trustees are selected from across the Nebraska-Iowa Kiwanis District; therefore, their individual addresses have been used in this return. The Foundation does not have a central business office. The address used on the return is that of the organizations Treasurer and is the only person who could be reached at the address used for the organization.

Governing documents etc available to public Part VI line 19

The governing documents are available upon request from the Secretary of the NE-IA Kiwanis District Foundation at the address noted on this tax return.

Filing and Contact Details

Filer

Filer Name
Nebraska-Iowa Kiwanis District Foundation
EIN
23-7080872
Address
1207 Poplar Lane, Storm Lake, IA 50588

Signing Officer

Name
Curt Reis
Title
Treasurer
Phone
7127326104
Signed
2019-08-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Lonnie Schumate Jr
Formed
1970
Legal Domicile
Ia
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
30

Preparer

Firm
Lawrence E Ziska Jr
Address
6202 Belvedere Blvd, Omaha, NE 68111-1273
Preparer
Lawrence Ziska Jr
Phone
4029685090
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

The Backpack Program provides through Kiwanis clubs in Nebraska and Iowa backpacks and duffel bags to childrenexperiencing child abuse and/or need for food.

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IRS990/MissionDesc0The NE-IA Kiwanis District Foundation provides services and funds to benefit children thru grants made to Kiwanis clubs in the Nebraska-Iowa Kiwanis District in addition to the funding and operation of the Camp OK, Key Leader, and Backpack service programs.
IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt0617547
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt06928
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06928
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0728
IRS990/OfficeExpensesGrp/TotalAmt0728
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Backpacks and duffel bags
IRS990/OtherExpensesGrp/Desc1Camp Facilities and Meals
IRS990/OtherExpensesGrp/Desc2Bus Expense
IRS990/OtherExpensesGrp/Desc3Key Leader Expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt018019
IRS990/OtherExpensesGrp/ProgramServicesAmt141595
IRS990/OtherExpensesGrp/ProgramServicesAmt23365
IRS990/OtherExpensesGrp/ProgramServicesAmt318848
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IRS990/OtherExpensesGrp/TotalAmt141595
IRS990/OtherExpensesGrp/TotalAmt23365
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02500
IRS990/PrincipalOfficerNm0Lonnie Schumate Jr
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0721210
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2721210
IRS990/ProgramServiceRevenueGrp/Desc0Camp OK
IRS990/ProgramServiceRevenueGrp/Desc1Backpack Project
IRS990/ProgramServiceRevenueGrp/Desc2Key Leader Camp
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18352
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18352
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IRS990/ProgSrvcAccomActy2Grp/Desc0Multiple grants to Kiwanis clubs in Nebraska and Iowa for local projects impacting children in a positive way within their communities. None of the grants exceeded $5,000. Fourteen grants were paid out during the fiscal year. Each year applications for grant monies are received semiannually and reviewed by the Executive Committee. A portion or all of the request may be approved or denied. A record is maintained of the applications and the Kiwanis clubs are requested to submit follow up information regarding the completion of the project and the use of the funds granted to them.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt024896
IRS990/ProgSrvcAccomActy3Grp/Desc0The Key Leader Program offers to young high school students leadership training over a weekend at no cost to them. Each student learns an important lesson of leadership; that leadership comes from helping others succeed.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt019605
IRS990/ProgSrvcAccomActyOtherGrp/Desc0The Backpack Program provides through Kiwanis clubs in Nebraska and Iowa backpacks and duffel bags to children experiencing child abuse and/or need for food.
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IRS990ScheduleA/InvestmentIncomePYPct00.25000
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt05000
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Partnership for Healthy Lincoln
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04600 Valley Rd Ste 250
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Lincoln

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