Civic Intelligence

Dunedin Kiwanis Foundation Inc.

990 • Fiscal year 2017 • EIN 26-0645618

Oct 01, 2016 to Sep 30, 2017 • Filed on Jan 25, 2015

Post Office Box 41Dunedin, FL 34697-0041

(727) 535-2257

Siviq Scores

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

Liabilities / Assets

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

34th percentile

-2.8%

Higher net margin than 34% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

32nd percentile

-7.0%

Faster asset growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

50%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$9,828

Down $745 (-7.0%) from 2016

Net Assets

Down

$9,179

Down $945 (-9.3%) from 2016

Liabilities

Up

$649

Up $200 (+45%) from 2016

Revenue

Up

$33,462

Up $11,120 (+50%) from 2016

Expenses

Down

$34,407

Down $5,624 (-14%) from 2016

Net Income

Up

-$945

Up $16,744 (+95%) from 2016

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2012: $42,994Liabilities 2012: $19,391Net Assets 2012: $23,6032012Assets 2014: $29,081Liabilities 2014: $326Net Assets 2014: $28,7552014Assets 2016: $10,573Liabilities 2016: $449Net Assets 2016: $10,1242016Assets 2017: $9,828Liabilities 2017: $649Net Assets 2017: $9,1792017Assets 2018: $8,675Liabilities 2018: $1,849Net Assets 2018: $6,8262018Assets 2019: $9,660Liabilities 2019: $474Net Assets 2019: $9,1862019Assets 2020: $17,728Liabilities 2020: $474Net Assets 2020: $17,2542020Assets 2021: $25,847Liabilities 2021: $474Net Assets 2021: $25,3732021Assets 2022: $37,913Liabilities 2022: $499Net Assets 2022: $37,4142022Assets 2023: $40,123Liabilities 2023: $5,949Net Assets 2023: $34,1742023Assets 2024: $47,316Liabilities 2024: $9,933Net Assets 2024: $37,3832024Assets 2025: $47,263Liabilities 2025: $549Net Assets 2025: $46,7142025

Highlighted filing

2017

Assets$9,828
Liabilities$649
Net Assets$9,179

Operations Trend

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

$60K$40K$20K$0-$20KExpenses 2012: $31,2292012Revenue 2014: $26,599Expenses 2014: $21,932Net Income 2014: $4,6672014Revenue 2016: $22,342Expenses 2016: $40,031Net Income 2016: -$17,6892016Revenue 2017: $33,462Expenses 2017: $34,407Net Income 2017: -$9452017Revenue 2018: $19,316Expenses 2018: $21,669Net Income 2018: -$2,3532018Revenue 2019: $25,534Expenses 2019: $23,174Net Income 2019: $2,3602019Revenue 2020: $27,782Expenses 2020: $19,713Net Income 2020: $8,0692020Revenue 2021: $21,955Expenses 2021: $13,836Net Income 2021: $8,1192021Revenue 2022: $28,484Expenses 2022: $16,443Net Income 2022: $12,0412022Revenue 2023: $28,670Expenses 2023: $32,922Net Income 2023: -$4,2522023Revenue 2024: $24,850Expenses 2024: $21,641Net Income 2024: $3,2092024Revenue 2025: $45,550Expenses 2025: $36,220Net Income 2025: $9,3302025

Highlighted filing

2017

Revenue$33,462
Expenses$34,407
Net Income-$945
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Jan 25, 2015
Return Version
2016v3.0
Gross Receipts
$43,361
Mission and Program Overview

Mission

Changing the world one child and one community at a time.

The Dunedin Kiwanis Foundation is the service arm of the Dunedin Kiwanis Club. The Foundation provides services and grants to the needy in the Dunedin FL area and through Kiwanis International and the Florida District.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$9,993$9,248▼ $745
Land, Buildings, and Equipment, Net$580$580→ $0
Total Assets$10,573$9,828▼ $745
Liabilities
Other Liabilities$449$474▲ $25
Grants Payable-$175-
Total Liabilities$449$649▲ $200
Net Assets / Fund Balance
Unrestricted Net Assets$10,124$9,179▼ $945
Total Net Assets Fund Balance$10,124$9,179▼ $945
Total Liabilities and Net Assets / Fund Balance$10,573$9,828▼ $745

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$580-$580
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen BennettPast President
Ele FoxPresident
Tom RomanPresident Elect
Chris GattasDirector
Dan BorbaDirector
Joe GarrisonDirector
Tracie GattasDirector
Walt SmithDirector
Susan LoweSecretary
Bob NandramTreasurer
Chris GattasVice Presidnet
Revenue and Support

Revenue Composition

Contributions and Grants
$26,236
Program Service Revenue
$0
Investment Income
$6
Other Revenue
$7,220
All Other Contributions
$26,217
Change in Net Assets
$-945
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$33,527
Other Expenses$880
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$29,527--$29,527
Grants to Domestic Individuals$4,000--$4,000
Insurance-$225-$225
Other Expenses-$-1-$-1
Total Functional Expenses$33,527$880$0$34,407
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of DunedinDunedin, FL501c3Outdoor Adult Fitness Center$12,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,119
Fundraising Direct Expenses$9,899
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Kiwanis Adventure Runs$13,934$13,915$9,063$4,852
Kiwanis Pancake Breakfast$1,503$1,503-$1,503
Total Events$17,138$17,119$9,899$7,220
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$474
Due to Related Entity-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11A

Tax return and financial statements are presented for review by the Board at a regularly scheduled Board meeting prior to filing.

Form 990, Part VI, Section B, Line 12C

The Board constantly monitors all transactions between the Foundation and Board members.

Filing and Contact Details

Filer

Filer Name
Dunedin Kiwanis Foundation Inc
EIN
26-0645618
Phone
7275352257
Address
Post Office Box 41, Dunedin, FL 34697-0041

Signing Officer

Name
Thomas Roman
Title
President
Signed
2015-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Roman
Formed
2007
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Joseph E Garrison CPA PA
Address
Post Office Box 1221, Dunedin, FL 34697-1221
Preparer
Joseph E Garrison
Phone
7275352257
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 2,315, Grants and allocations 2,000, Revenue 0 Dunedin area programs Dunedin Chamber Teacher Recognition, 500 BSA Troop 10, 155 Dunedin Historical Society, 1000 Sailability, 500 Achevia Box Car race, 160.

Form 990, Part III, Line 4D

Program Service Expenses 1,498, Grants and allocations 1,498, Revenue 0 Youth Amputee Summer Camp scholarships

Form 990, Part III, Line 4D

Program Service Expenses 734, Grants and allocations 0, Revenue 0 Florida Sheriff Youth Ranch Christmas Party

Form 990, Part III, Line 4D

Program Service Expenses 4,311, Grants and allocations 2,290, Revenue 0 Kiwanis International Service Programs and general Foundation Programs

Form 990, Part III, Line 4D

Program Service Expenses 1,265, Grants and allocations 0, Revenue 0 City of Dunedin Recreation Every Child A Swimmer Program

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 All other service projects benefitting youth and cultural programs in the area.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt059
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt017119
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt017680
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt016238
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt016271
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt022794
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt090102
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt059
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0186228
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt033355
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt033934
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt039499
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt034598
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt044842
IRS990ScheduleA/Total509Grp/TotalAmt0186228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt033361
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt033951
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt039515
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt034613
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt044847
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0186287
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0580
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0580
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0474
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to Related Entity
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0580
IRS990ScheduleD/TotalLiabilityAmt0474
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt019
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt019
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09899
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Kiwanis Adventure Runs
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Kiwanis Pancake Breakfast
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0650
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0121
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt065
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0836
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt013934
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt01503
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt01701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017138
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013915
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt01503
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt01701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017119
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt07220
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09063
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09063
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/LicensedStatesCd0FL
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt012500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Outdoor Adult Fitness Center
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0City of Dunedin
IRS990ScheduleI/RecipientTable/RecipientEIN0596000310
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0Post Office Box 2039
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Dunedin
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0346972039
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 2,315, Grants and allocations 2,000, Revenue 0 Dunedin area programs Dunedin Chamber Teacher Recognition, 500 BSA Troop 10, 155 Dunedin Historical Society, 1000 Sailability, 500 Achevia Box Car race, 160.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program Service Expenses 1,498, Grants and allocations 1,498, Revenue 0 Youth Amputee Summer Camp scholarships
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Service Expenses 734, Grants and allocations 0, Revenue 0 Florida Sheriff Youth Ranch Christmas Party
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Program Service Expenses 4,311, Grants and allocations 2,290, Revenue 0 Kiwanis International Service Programs and general Foundation Programs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Program Service Expenses 1,265, Grants and allocations 0, Revenue 0 City of Dunedin Recreation Every Child A Swimmer Program
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Program Service Expenses 0, Grants and allocations 0, Revenue 0 All other service projects benefitting youth and cultural programs in the area.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Tax return and financial statements are presented for review by the Board at a regularly scheduled Board meeting prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The Board constantly monitors all transactions between the Foundation and Board members.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section B, Line 12c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010573
IRS990/TotalAssetsEOYAmt09828
IRS990/TotalAssetsGrp/BOYAmt010573
IRS990/TotalAssetsGrp/EOYAmt09828
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt026236
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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