Civic Intelligence

Mountain View Kiwanis Foundation

990 • Fiscal year 2017 • EIN 23-7335389

Oct 01, 2016 to Sep 30, 2017 • Filed on May 31, 2018

PO Box 607Mountain View, CA 94042

(650) 941-8862

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

5th percentile

-60%

Higher net margin than 5% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

13th percentile

-20%

Faster revenue growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$3,848,978

Up $394,041 (+11%) from 2016

Net Assets

Up

$3,848,087

Up $393,150 (+11%) from 2016

Liabilities

Up

$891

Up $891 from 2016

Revenue

Down

$105,170

Down $27,039 (-20%) from 2016

Expenses

Up

$168,138

Up $10,613 (+6.7%) from 2016

Net Income

Down

-$62,968

Down $37,652 (-149%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2015: $3,417,788Liabilities 2015: $0Net Assets 2015: $3,417,7882015Assets 2016: $3,454,937Liabilities 2016: $0Net Assets 2016: $3,454,9372016Assets 2017: $3,848,978Liabilities 2017: $891Net Assets 2017: $3,848,0872017Assets 2018: $3,913,659Liabilities 2018: $0Net Assets 2018: $3,913,6592018Assets 2019: $3,815,348Liabilities 2019: $0Net Assets 2019: $3,815,3482019Assets 2020: $3,734,890Liabilities 2020: $0Net Assets 2020: $3,734,8902020Assets 2021: $4,362,975Liabilities 2021: $0Net Assets 2021: $4,362,9752021Assets 2022: $3,431,622Liabilities 2022: $0Net Assets 2022: $3,431,6222022Assets 2023: $3,667,962Liabilities 2023: $0Net Assets 2023: $3,667,9622023Assets 2024: $4,265,458Liabilities 2024: $0Net Assets 2024: $4,265,4582024

Highlighted filing

2017

Assets$3,848,978
Liabilities$891
Net Assets$3,848,087

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2015: $367,137Expenses 2015: $204,761Net Income 2015: $162,3762015Revenue 2016: $132,209Expenses 2016: $157,525Net Income 2016: -$25,3162016Revenue 2017: $105,170Expenses 2017: $168,138Net Income 2017: -$62,9682017Revenue 2018: $106,287Expenses 2018: $149,259Net Income 2018: -$42,9722018Revenue 2019: $162,034Expenses 2019: $201,148Net Income 2019: -$39,1142019Revenue 2020: $97,635Expenses 2020: $217,621Net Income 2020: -$119,9862020Revenue 2021: $259,675Expenses 2021: $194,415Net Income 2021: $65,2602021Revenue 2022: $156,214Expenses 2022: $215,979Net Income 2022: -$59,7652022Revenue 2023: -$96,949Expenses 2023: $208,966Net Income 2023: -$305,9152023Revenue 2024: $406,244Expenses 2024: $218,102Net Income 2024: $188,1422024

Highlighted filing

2017

Revenue$105,170
Expenses$168,138
Net Income-$62,968
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
May 31, 2018
Return Version
2016v3.0
Gross Receipts
$105,170
Mission and Program Overview

Mission

To support, benefit or carry out the charitable and educational purposes of the kiwanis club of mountain view, so long as the latter organization continues to be described in sections 501(c)(4) and 509(a)(2) of the internal revenue code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,392,107$3,788,562▲ $396,455
Savings and Temporary Cash Investments$62,830$60,416▼ $2,414
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,454,937$3,848,978▲ $394,041
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$891-
Total Liabilities$0$891▲ $891
Net Assets / Fund Balance
Unrestricted Net Assets$3,454,937$3,848,087▲ $393,150
Total Net Assets Fund Balance$3,454,937$3,848,087▲ $393,150
Total Liabilities and Net Assets / Fund Balance$3,454,937$3,848,978▲ $394,041
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark LindbergPresident
Carol LewisTrustee
Jeff SatoTrustee
Mary Kay MarinovichTrustee
Michael FreebergTrustee
Monique KaneTrustee
Nick GaliottoTrustee
Richard EricksonTrustee
Lizanne VerzicImmed Past Pres
Dede FagerSecretary
Rick MeyerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$105,159
Other Revenue
$11
Change in Net Assets
$-62,968
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$144,500
Other Expenses$23,638
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$124,000--$124,000
Fees for Service Investment Mgmnt Fees-$21,230-$21,230
Grants to Domestic Individuals$20,500--$20,500
Fees for Services Accounting-$1,250-$1,250
Conferences and Meetings-$500-$500
Insurance-$391-$391
Other Expenses-$95-$95
Total Functional Expenses$144,500$23,638$0$168,138
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Other Grants - 5000 or LessMountain View, CA-Various$53,500
Mtn Kiew Kiwanis ClubMountain View, CA-Community service grants$40,000
AvenidasMountain View, CA-Rose Kleiner Center$7,000
Community Health AwarenessMountain View, CA-Prevention Plus school program$7,000
Mtn View Police Officers AsscMountain View, CA-PAL Mentoring program$6,500
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Members of the Mountain View Kiwanis Foundation consist of dues-paid or honorary members of the Mountain View Kiwanis Club.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Members elect Trustees and Officers annually by majority vote.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Decisions or actions that impact the Foundation in future years, such as recurring or pledged grants to be paid in subsequent years, are brought before the general membership for vote prior to being carried out by the Board of Trustees.

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of Form 990 is provided to the Board of Trustees for review and discussion prior to filing with the appropriate tax agencies. Any questions or comments are directed to the Foundation Treasurer or to the outside CPA firm which prepares Form 990 and resolved prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Board of Trustees agree to disclose in writing to the Board, or to any relevant ad hoc committee, if they, or any member of their immediate families, or any organization with which they are affiliated, presently transact business with the Mountain View Kiwanis Foundation. Board Members with such relationships will not be eligible to vote on matters directly pertaining to the business to be transacted with the identified person or organization. The foregoing requirements, however, are not be construed to prevent a particular board member from briefly stating his/her position on the matter, nor from answering pertinent questions of other trustees or committee members by reason of the fact that personal knowledge on the matter may be of assistance to the other board or committee members in reaching their decision.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, conflict of interest policy, financial statements and tax returns are available upon request. Annual tax returns are also available at www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Mountain View Kiwanis Foundation
EIN
23-7335389
Phone
6509418862
Address
PO BOX 607, MOUNTAIN VIEW, CA 94042

Signing Officer

Name
Richard Meyer
Title
Treasurer
Signed
2018-05-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Lindberg
Formed
1961
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Storek Carlson & Strutz Llp
Address
900 E HAMILTON AVE STE 450, CAMPBELL, CA 95008
Preparer
Gary Strutz
Phone
6509615520
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