Civic Intelligence

Mckinney Kiwanis Foundation Inc.

990EZ • Fiscal year 2015 • EIN 27-3890253

Oct 01, 2014 to Sep 30, 2015 • Filed on Mar 04, 2016

PO Box 667Mckinney, TX 75070

(972) 562-7176

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

5th percentile

-80%

Higher net margin than 5% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

8th percentile

-50%

Faster asset growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

35th percentile

-8.6%

Faster revenue growth than 35% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$27,968

Down $28,234 (-50%) from 2014

Net Assets

Down

$27,968

Down $28,234 (-50%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$35,255

Down $3,298 (-8.6%) from 2014

Expenses

Up

$63,490

Up $36,568 (+136%) from 2014

Net Income

Down

-$28,235

Down $39,866 (-343%) from 2014

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2014: $56,202Net Assets 2014: $56,2022014Assets 2015: $27,968Net Assets 2015: $27,9682015Assets 2016: $34,642Net Assets 2016: $34,6422016Assets 2017: $33,441Liabilities 2017: $0Net Assets 2017: $33,4412017Assets 2018: $35,830Net Assets 2018: $35,8302018Assets 2019: $28,571Net Assets 2019: $28,5712019Assets 2020: $48,080Net Assets 2020: $48,0802020Assets 2021: $60,991Net Assets 2021: $60,9912021Assets 2022: $60,326Liabilities 2022: $0Net Assets 2022: $60,3262022Assets 2023: $65,826Net Assets 2023: $65,8262023Assets 2024: $61,696Net Assets 2024: $61,6962024Assets 2025: $66,047Net Assets 2025: $66,0472025

Highlighted filing

2015

Assets$27,968
Liabilities-
Net Assets$27,968

Operations Trend

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

$100K$50K$0-$50KRevenue 2014: $38,553Expenses 2014: $26,922Net Income 2014: $11,6312014Revenue 2015: $35,255Expenses 2015: $63,490Net Income 2015: -$28,2352015Revenue 2016: $62,348Expenses 2016: $55,674Net Income 2016: $6,6742016Revenue 2017: $55,867Expenses 2017: $57,068Net Income 2017: -$1,2012017Revenue 2018: $61,016Expenses 2018: $58,627Net Income 2018: $2,3892018Revenue 2019: $42,134Expenses 2019: $49,393Net Income 2019: -$7,2592019Revenue 2020: $43,300Expenses 2020: $23,791Net Income 2020: $19,5092020Revenue 2021: $38,835Expenses 2021: $25,924Net Income 2021: $12,9112021Revenue 2022: $45,213Expenses 2022: $45,878Net Income 2022: -$6652022Revenue 2023: $29,668Expenses 2023: $24,168Net Income 2023: $5,5002023Revenue 2024: $12,000Expenses 2024: $16,130Net Income 2024: -$4,1302024Revenue 2025: $33,629Expenses 2025: $29,278Net Income 2025: $4,3512025

Highlighted filing

2015

Revenue$35,255
Expenses$63,490
Net Income-$28,235
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Mar 4, 2016
Return Version
2014v6.0
Gross Receipts
$54,528
Mission and Program Overview

Mission

McKinney Kiwanis Foundation, Inc was formed to provide financial and volunteer assistance to our community. This is accomplished by holding fundraising evants and small community donations. The organization makes donations to local charities that supports children and the elderly. The organization also provides volunteers from the Kiwanits Club of McKinney to help local organizations with their mission in the community.

Mckinney kiwanis foundation, inc. Was formed to provide financial and volunteer assistance to our community. This is accomplished by holding fundraising events and small community donations. The organization makes donations to local charities that support children and the elderly. The organization also provides volunteers from the kiwanis club of mckinney to help local organizations with their mission in the community. The organization provides direct assistance to children and the elderly. An example of this would be to pay for and build a wheel chair ramp for a member of our community that cannot afford one on their own.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE TO LOCAL ORGANIZATIONS WHOSE MISSION IS TO PROVIDE ASSISTANCE TO CHILDREN AND THE ELDERLY IN OUR COMMUNITY. IN ADDITION, THE ORGANIZATION PROVIDES 3 SMALL SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGE. MATERIALS AND SUPPLIES WERE PURCHASED TO ACCOMPLISH OUR MISSION. EXAMPLES INCLUDE MATERIALS FOR WHEEL CHAIR RAMPS AND AWARDS FOR READING PROGRAMS.$61,359$63,490
THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE TO LOCAL ORGANIZATIONS WHOSE MISSION IS TO PROVIDE ASSISTANCE TO CHILDREN AND THE ELDERLY IN OUR COMMUNITY. IN ADDITION, THE ORGANIZATION PROVIDES 3 SMALL SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGE. MATERIALS AND SUPPLIES WERE PURCHASED TO ACCOMPLISH OUR MISSION. EXAMPLES INCLUDE MATERIALS FOR WHEEL CHAIR RAMPS AND AWARDS FOR READING PROGRAMS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIM SMITHPresident-$0--
MICHELLE BEATTYVice Preside-$0--
KIRK SAXONVice Preside-$0--
SANDRA WILLIAMSSecretary-$0--
MARGARET HARSCHTreasurer-$0--
JIM CAIROPast Preside-$0--
BETH HENSLEYDirector-$0--
DENNIS BURTDirector-$0--
DAVE HINMANDirector-$0--
TRESSIE JOHNSENDirector-$0--
ROB NELSONDirector-$0--
BILL ROSNETTDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$53,872$53,872$17,673$36,199
Total Events$53,872$53,872$19,273$34,599
Filing and Contact Details

Filer

Filer Name
Mckinney Kiwanis Foundation Inc
EIN
27-3890253
Phone
9725627176
Address
PO BOX 667, MCKINNEY, TX 75070

Signing Officer

Name
Margaret Harsch
Title
Treasurer
Phone
9725627176
Signed
2016-03-04
Discuss with paid preparer
Yes

Preparer

Firm
Brian K Cunningham Pc
Address
1831 W LOUISIANA ST, MCKINNEY, TX 75069-7859
Preparer
Brian Cunningham
Phone
9725627176
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

>5000 non-profit organizations p.o. Box 667 mckinney, tx 75070 27,359 0 0 mckinney education foundation, inc. 510 heard st. Mckinney, tx 75069 34,000 0 0

Form 990-ez, Part I, Line 16

Expenses insurance 630 miscellaneous 1,501 total 2,131

Form 990-ez, Part III

Mckinney kiwanis foundation, inc. Was formed to provide financial and volunteer assistance to our community. This is accomplished by holding fundraising events and small community donations. The organization makes donations to local charities that support children and the elderly. The organization also provides volunteers from the kiwanis club of mckinney to help local organizations with their mission in the community. The organization provides direct assistance to children and the elderly. An example of this would be to pay for and build a wheel chair ramp for a member of our community that cannot afford one on their own.

Form 990-ez, Part III, Line 28

The organization provides financial assistance to local organizations whose mission is to provide assistance to children and the elderly in our community. In addition, the organization provides 3 small scholarships to students attending college. Materials and supplies were purchased to accomplish our mission. Examples include materials for wheel chair ramps and awards for reading programs.

Form 990-ez, Part III, Line 31

The organization provides financial assistance to local organizations whose mission is to provide assistance to children and the elderly in our community. In addition, the organization provides 3 small scholarships to students attending college. Materials and supplies were purchased to accomplish our mission. Examples include materials for wheel chair ramps and awards for reading programs.

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IRS990EZ/PrimaryExemptPurposeTxt0MCKINNEY KIWANIS FOUNDATION, INC. WAS FORMED TO PROVIDE FINANCIAL AND VOLUNTEER ASSISTANCE TO OUR COMMUNITY. THIS IS ACCOMPLISHED BY HOLDING FUNDRAISING EVENTS AND SMALL COMMUNITY DONATIONS. THE ORGANIZATION MAKES DONATIONS TO LOCAL CHARITIES THAT SUPPORT CHILDREN AND THE ELDERLY. THE ORGANIZATION ALSO PROVIDES VOLUNTEERS FROM THE KIWANIS CLUB OF MCKINNEY TO HELP LOCAL ORGANIZATIONS WITH THEIR MISSION IN THE COMMUNITY. THE ORGANIZATION PROVIDES DIRECT ASSISTANCE TO CHILDREN AND THE ELDERLY. AN EXAMPLE OF THIS WOULD BE TO PAY FOR AND BUILD A WHEEL CHAIR RAMP FOR A MEMBER OF OUR COMMUNITY THAT CANNOT AFFORD ONE ON THEIR OWN.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0>5000 NON-PROFIT ORGANIZATIONS P.O. BOX 667 MCKINNEY, TX 75070 27,359 0 0 MCKINNEY EDUCATION FOUNDATION, INC. 510 HEARD ST. MCKINNEY, TX 75069 34,000 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INSURANCE 630 MISCELLANEOUS 1,501 TOTAL 2,131
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MCKINNEY KIWANIS FOUNDATION, INC. WAS FORMED TO PROVIDE FINANCIAL AND VOLUNTEER ASSISTANCE TO OUR COMMUNITY. THIS IS ACCOMPLISHED BY HOLDING FUNDRAISING EVENTS AND SMALL COMMUNITY DONATIONS. THE ORGANIZATION MAKES DONATIONS TO LOCAL CHARITIES THAT SUPPORT CHILDREN AND THE ELDERLY. THE ORGANIZATION ALSO PROVIDES VOLUNTEERS FROM THE KIWANIS CLUB OF MCKINNEY TO HELP LOCAL ORGANIZATIONS WITH THEIR MISSION IN THE COMMUNITY. THE ORGANIZATION PROVIDES DIRECT ASSISTANCE TO CHILDREN AND THE ELDERLY. AN EXAMPLE OF THIS WOULD BE TO PAY FOR AND BUILD A WHEEL CHAIR RAMP FOR A MEMBER OF OUR COMMUNITY THAT CANNOT AFFORD ONE ON THEIR OWN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE TO LOCAL ORGANIZATIONS WHOSE MISSION IS TO PROVIDE ASSISTANCE TO CHILDREN AND THE ELDERLY IN OUR COMMUNITY. IN ADDITION, THE ORGANIZATION PROVIDES 3 SMALL SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGE. MATERIALS AND SUPPLIES WERE PURCHASED TO ACCOMPLISH OUR MISSION. EXAMPLES INCLUDE MATERIALS FOR WHEEL CHAIR RAMPS AND AWARDS FOR READING PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE TO LOCAL ORGANIZATIONS WHOSE MISSION IS TO PROVIDE ASSISTANCE TO CHILDREN AND THE ELDERLY IN OUR COMMUNITY. IN ADDITION, THE ORGANIZATION PROVIDES 3 SMALL SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGE. MATERIALS AND SUPPLIES WERE PURCHASED TO ACCOMPLISH OUR MISSION. EXAMPLES INCLUDE MATERIALS FOR WHEEL CHAIR RAMPS AND AWARDS FOR READING PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReasonableCauseExplanation/ExplanationTxt0THE TREASURER RETIRED AND THE NEW TREASURER WAS UNAWARE OF THE FILING REQUIREMENTS. ONCE THE TREASURER BECAME AWARE OF THE OVERSIGHT THEY IMMEDIATELY GOT WITH THE CPA TO GET THE TAX RETURN FILED AS SOON AS POSSIBLE.
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ReturnHeader/Filer/PhoneNum09725627176
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MCKINNEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0750697859
ReturnHeader/PreparerPersonGrp/PhoneNum09725627176
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN CUNNINGHAM
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ReturnHeader/ReturnTs02016-03-03T15:01:31-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

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