Civic Intelligence

Kiwanis International Inc

990 • Fiscal year 2016 • EIN 36-1327510

Oct 01, 2015 to Sep 30, 2016 • Filed on Aug 15, 2017

Refreshing map…

3636 Woodview TraceIndianapolis, IN 46268

(317) 875-8755

Siviq Scores

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

Liabilities / Assets

38th percentile

0.14x

Higher debt load relative to assets than 38% of similar nonprofits.

2016 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

40th percentile

0.25x

Higher debt load relative to revenue than 40% of similar nonprofits.

2016 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2016

Net Margin

27th percentile

-4.9%

Higher net margin than 27% of similar nonprofits.

2016 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

66th percentile

$280,094

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2016 filings • $25M-$50M nonprofits • Source year 2016

Asset Growth

57th percentile

3.7%

Faster asset growth than 57% of similar nonprofits.

2016 filings • 501(c)4 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

30th percentile

-3.3%

Faster revenue growth than 30% of similar nonprofits.

2016 filings • 501(c)4 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$30,994,470

Up $1,104,354 (+3.7%) from 2015

Net Assets

Up

$26,607,345

Up $872,222 (+3.4%) from 2015

Liabilities

Up

$4,387,125

Up $232,132 (+5.6%) from 2015

Revenue

Down

$17,410,270

Down $584,870 (-3.3%) from 2015

Expenses

Down

$18,268,466

Down $1,124,748 (-5.8%) from 2015

Net Income

Up

-$858,196

Up $539,878 (+39%) from 2015

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $31,690,679Liabilities 2010: $3,910,879Net Assets 2010: $27,779,8002010Assets 2012: $32,076,664Liabilities 2012: $4,275,395Net Assets 2012: $27,801,2692012Assets 2013: $33,995,395Liabilities 2013: $4,616,877Net Assets 2013: $29,378,5182013Assets 2014: $32,857,083Liabilities 2014: $4,668,860Net Assets 2014: $28,188,2232014Assets 2015: $29,890,116Liabilities 2015: $4,154,993Net Assets 2015: $25,735,1232015Assets 2016: $30,994,470Liabilities 2016: $4,387,125Net Assets 2016: $26,607,3452016Assets 2017: $33,444,928Liabilities 2017: $4,223,216Net Assets 2017: $29,221,7122017Assets 2018: $34,806,649Liabilities 2018: $4,666,631Net Assets 2018: $30,140,0182018Assets 2019: $35,135,841Liabilities 2019: $7,119,755Net Assets 2019: $28,016,0862019Assets 2020: $34,647,296Liabilities 2020: $5,385,720Net Assets 2020: $29,261,5762020Assets 2021: $39,067,168Liabilities 2021: $6,688,331Net Assets 2021: $32,378,8372021Assets 2022: $31,117,754Liabilities 2022: $7,811,493Net Assets 2022: $23,306,2612022Assets 2024: $28,182,770Liabilities 2024: $5,592,442Net Assets 2024: $22,590,3282024

Highlighted filing

2016

Assets$30,994,470
Liabilities$4,387,125
Net Assets$26,607,345

Operations Trend

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

$20M$10M$0-$10MExpenses 2010: $17,850,3812010Expenses 2012: $15,882,9042012Expenses 2013: $14,997,4692013Revenue 2014: $18,970,562Expenses 2014: $18,153,578Net Income 2014: $816,9842014Revenue 2015: $17,995,140Expenses 2015: $19,393,214Net Income 2015: -$1,398,0742015Revenue 2016: $17,410,270Expenses 2016: $18,268,466Net Income 2016: -$858,1962016Revenue 2017: $18,100,001Expenses 2017: $17,113,795Net Income 2017: $986,2062017Revenue 2018: $18,399,119Expenses 2018: $18,065,477Net Income 2018: $333,6422018Revenue 2019: $19,358,192Expenses 2019: $19,423,357Net Income 2019: -$65,1652019Revenue 2020: $15,924,487Expenses 2020: $16,726,141Net Income 2020: -$801,6542020Revenue 2021: $19,372,757Expenses 2021: $16,457,269Net Income 2021: $2,915,4882021Revenue 2022: $16,843,189Expenses 2022: $19,389,166Net Income 2022: -$2,545,9772022Revenue 2024: $16,737,889Expenses 2024: $18,211,014Net Income 2024: -$1,473,1252024

Highlighted filing

2016

Revenue$17,410,270
Expenses$18,268,466
Net Income-$858,196
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Aug 15, 2017
Return Version
2015v3.0
Gross Receipts
$25,722,142
Mission and Program Overview

Mission

Kiwanis is a global organization of volunteers dedicated to improving the world one child and one community at a time. The organization coordinates events and provides services to clubs around the world, which in turn sponsor and address child-focused causes. Kiwanis international also provides education services to our members by providing several magazines regarding current events and educational activities and materials to encourage service to the local communities and to the world. The organization serves more than 485,000 adult and youth members in its family of organizations around the world. Kiwanis has a brand campaign entitled kids need kiwanis.

Kids need kiwanis; kiwanis is a global organization dedicated to improving the world one child and one community at a time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$20,517,145$21,429,837▲ $912,692
Land, Buildings, and Equipment, Net$4,335,447$4,327,724▼ $7,723
Savings and Temporary Cash Investments$2,505,879$2,763,614▲ $257,735
Prepaid Expenses and Deferred Charges$881,862$1,046,847▲ $164,985
Inventories for Sale or Use$584,106$454,540▼ $129,566
Accounts Receivable$329,387$379,190▲ $49,803
Cash and Non-Interest-Bearing Accounts$2,868$10,639▲ $7,771
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$29,890,116$30,994,470▲ $1,104,354
Other Assets Total$733,422$582,079▼ $151,343
Liabilities
Other Liabilities$2,007,286$2,394,892▲ $387,606
Accounts Payable and Accrued Expenses$2,147,707$1,992,233▼ $155,474
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,154,993$4,387,125▲ $232,132
Net Assets / Fund Balance
Unrestricted Net Assets$25,735,123$26,607,345▲ $872,222
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$25,735,123$26,607,345▲ $872,222
Total Liabilities and Net Assets / Fund Balance$29,890,116$30,994,470▲ $1,104,354

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,004,931$4,743,212$5,748,143
Buildings$1,438,813$2,854,518$4,293,331
Leasehold Improvements$1,172,357$721,061$1,893,418
Land$711,623-$711,623
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stan D SoderstromExecutive DirectorFT$202,304$49,780$252,084
Robert BroderickChief Financial OfficerFT$173,115$25,858$198,973
Jeffrey OatessChief Operating OfficerFT$148,620$38,762$187,382
William ParkerControllerFT$122,535$21,754$144,289
Lisa M HeindricksSr Director Hr-facilities-riskFT$115,977$21,492$137,469
Amy L WiserChief Communications OfficerFT$108,555$21,195$129,750
Pamela NormanSr Director Corp. RelationsFT$106,226$21,102$127,328
Diane SukerDirector of Member ExperienceFT$100,428$21,350$121,778
John R ButtonImmediate Past President-$28,811-$28,811
Jane M EricksonPresident-elect-$9,561-$9,561
Kenneth AloveraTrustee-$4,822-$4,822
Patricia BarsottiTrustee-$4,212-$4,212
Florencio C LatTrustee-$2,847-$2,847
Bruce BervenTrustee-$2,743-$2,743
Koshiro KitazatoTrustee-$2,536-$2,536
Marcel a KreienbuhlTrustee-$2,187-$2,187
Kevin DeanTrustee-$1,994-$1,994
Barbara ThompsonTrustee-$1,717-$1,717
James M RochfordVice President-$1,620-$1,620
John DevilbissTrustee-$1,371-$1,371
Daniel VigneronTrustee-$1,367-$1,367
Terry WhiteTrustee-$1,029-$1,029
Patrick R EwingTrustee-$761-$761
Lance M IncittiTrustee-$691-$691
Arthur RileyTrustee-$350-$350
Louis SmithTrustee-$350-$350

Board Members and Trustees

NameTitle
Susan a PetrisinPresident

Highest Paid Contractors

ContractorServicesLocationCompensation
Borshoff INCPublic Relation Svcs47 SOUTH PENNSYLVANIA STREET, Indianapolis, IN 46204$925,595
Markey's Audio Visual INCAudio-visual Svcs2365 ENTERPRISE PARK PLACE, Indianapolis, IN 46218$432,843
Touchstone Mdse GroupMerchandise Whse7200 INDUSTRIAL ROW, Mason, OH 45040$348,583
Order Fulfillment GroupMdse FulfillmentPO BOX 78474, Indianapolis, IN 46268$335,595
The Convention Store LLCConvention Svcs405 HEADQUARTERS DRIVE 7, Millersville, MD 21108$128,793
Revenue and Support

Revenue Composition

Contributions and Grants
$10,132,834
Program Service Revenue
$6,332,484
Investment Income
$96,982
Other Revenue
$847,970
Change in Net Assets
$-858,196

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,317,876
Revenue Not Reported on Financial Statements
$92,394
Revenue Not Reported on Form 990
$2,500,181
Total Revenue per Audited Statements
$19,818,057
Total Revenue per Form 990
$17,410,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,381,736
Other Expenses$8,530,312
Grants and Similar Amounts Paid$356,418
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,692,043$2,647,844-$5,339,887
Other Employee Benefits$1,370,388$1,347,889$0$2,718,277
Insurance$1,610,681$62,251-$1,672,932
Conferences and Meetings$1,127,841$329,356-$1,457,197
Advertising$865,415$15,638-$881,053
Travel$435,988$372,060-$808,048
Current Officers, Directors, Trustees, and Key Employees-$651,118-$651,118
Fees for Services Other$526,759$121,489-$648,248
Office Expenses$272,971$178,563-$451,534
Depreciation Depletion$275,174$158,637-$433,811
Payroll Taxes$198,019$194,768-$392,787
Grants to Domestic Orgs$356,418--$356,418
Occupancy$114,030$216,463-$330,493
Information Technology$32,660$253,442-$286,102
Pension Plan Contributions$140,991$138,676-$279,667
Fees for Services Accounting-$93,762-$93,762
Fees for Service Investment Mgmnt Fees-$92,394-$92,394
Fees for Services Legal-$64,934-$64,934
All Other Expenses$10,184$49,376-$59,560
Other Expenses$6,728$25,435-$6,728
Total Functional Expenses$11,254,371$7,014,095$0$18,268,466

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$18,945,835
Total Expenses per Form 990$18,268,466
Expenses per Audited Statements$18,176,072
Expenses Not Reported on Form 990$769,763
Expenses Not Reported on Financial Statements$92,394
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Circle K InternationalIndianapolis, IN501(c)(4)General Support$356,418

International Summary

Offices
1
Employees
7
Spending
$797,004

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesGrowth and Education15$466,401
East Asia and the PacificProgram ServicesGrowth and Education-1$248,503
South AmericaProgram ServicesGrowth and Education-1$82,100
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Programs, Inc.$2,394,892
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Classes of membership: there is one class of membership: regular active members. Regular active members that are from kiwanis clubs in good standing are allowed to register as qualified delegates to the kiwanis international convention and participate in the election of the board of trustees. Each kiwanis club in good standing is allowed to have two delegates at the convention. There are other members (because of their current or past elected status at the district level) that are allowed to be delegates at large and also vote for the board of trustees.

Form 990, Part VI, Section A, Line 7A & 7B

Voting rights and decision approval by members: regular active members that are from kiwanis clubs in good standing are allowed to register as qualified delegates to the kiwanis international convention and participate in the vote to change to organization's governing documents (bylaws). Each kiwanis club in good standing is allowed to have two delegates at the convention. There are other members (because of their current or past elected status at the district level) that are allowed to be delegates at large and also particpate in any vote to change the governing documents.

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

Process to review form 990: the organization engages an outside accounting firm to prepare its form 990. Once the form 990 is prepared by the accounting firm and reviewed by management (executive director, coo, cfo and controller), the final form is provided to the entire board of directors via email prior to filing.

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

Monitoring and enforcement of compliance with c.o.i. Policy: the board of trustee activities and board meetings during the year are reviewed and monitored by the chief operating officer and the executive director of kiwanis international. All board of trustee members are required to sign a form annually indicating that they are in compliance with the conflict of interest policy. Documents are maintained in the human resource office. All board members are requred to read the policy and disclose conflicts of interest. If a conflict does arise, a board member will abstain from discussion and voting on such agenda items that they have conflicts with. Disciplinary actions may occur as needed.

Form 990, Part VI, Section B, Line 15A & 15B

Process to review president, officer, and key employee compensation: a salary band for the position is created that reflects compensation based upon level of duties, responsibilities, experiential requirements, and specific training or skills along with a comparison to equivalent positions taking into account the demographics of the location of the position. The board of trustees determines the compensation based on how the individual meets the criteria of the position and on the level of performance of the duties and results achieved. All positions have a correpsonding salary band determined similarly to the executive director band. The executive director's salary is also discussed in an executive session of the board meeting. The executive director determines the salary of all other officers or key employees based on similar criteria. The most recent compensation review was completed in june 2016 by the director of human resources.

Form 990, Part VI, Section C, Line 19

Governing documents, c.o.i. Policy, and financial statements: governing documents and financial statements are available on the website. The conflict of interest policy is available upon request.

Filing and Contact Details

Filer

Filer Name
Kiwanis International Inc
EIN
36-1327510
In Care Of
% WILLIAM W PARKER
Phone
3178758755
Address
3636 WOODVIEW TRACE, INDIANAPOLIS, IN 46268

Signing Officer

Name
Stan D Soderstrom
Title
Executive Director
Phone
3178758755
Signed
2017-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stan D Soderstrom
Formed
1915
Legal Domicile
In
Voting Board Members
19
Independent Board Members
18
Employees
134
Volunteers
194,000

Preparer

Firm
Bkd Llp
Address
201 N Illinois Street, Indianapolis, IN 46204
Preparer
Nicole B Fishback
Phone
3173834000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Other program services: kiwanis magazine - published eight (8) times per year, this is the primary education tool used by kiwanis international to educate its members on the value of community service. All members in the u.s. And canada are required to subscribe to the magazine at $8 annually. The magazine contains articles on community service, international goodwill, fundraising, leadership development, youth protection, youth leadership, and a variety of other topics that encourage members on the benefits of performing community service for their local communities and the world. Liability and directors and officers insurance a service that kiwanis provides to members and clubs is the general liability insurance program and the directors and officers insurance program. This insurance protects members and clubs from liability that may arise from the many activities and projects that a kiwanis clubs performs during a year, including acts involving the club board of directors. The primary purpose of a kiwanis club is for its members to perform community service and to operate as a local service club for their community and having this insurance protection, allows clubs to engage in projects that help their communities. Kiwanis merchandise - kiwanis international provides members and clubs with materials and merchandise that are free or available for purchase. This material/merchandise is designed to assist members to carry on the activities of the club and to promote the organization during such club activities and projects. It is very important for a club to have the needed materials and merchandise to operate effectively for the good of the community.

Financial Statement Notes

Schedule D, Part X, Line 2

Asc 740 disclosure: management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Schedule D, Part XI & XII, Line 2D

Reconciliation of revenues and expenses per afs: cost of goods sold: $751,708 rental expense: 18,055 total: $769,763

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IRS990/Desc0LEADERSHIP EDUCATION/DEVELOPMENT AND COMMUNICATION - KIDS NEED KIWANIS; FOR MORE THAN 101 YEARS KIWANIS HAS BEEN BUILDING AND DEVELOPING LEADERS AT ALL LEVELS AND ALL AROUND THE WORLD. KIWANIS OFFERS A UNIQUE BRAND OF LEADERSHIP THROUGH SERVICE TO OTHERS. A MAJOR FOCUS FOR KIWANIS IS THE DEVELOPMENT OF LEADERSHIP EDUCATIONAL MATERIALS FOR THIER CLUB, DIVISION, DISTRICT, AND INTERNATIONAL OFFICERS. IT IS IMPORTANT TO EDUCATE CLUB OFFICERS HOW TO LEAD AND OPERATE A CLUB, TO EDUCATE LIEUTENANT GOVERNORS HOW TO LEAD A DIVISION, TO EDUCATE DISTRICT OFFICERS ON HOW TO LEAD AND OPERATE A DISTRICT, AND TO EDUCATE THE BOARD OF TRUSTEES HOW TO LEAD THE INTERNATIONAL ORGANIZATION. WITH EFFECTIVE LEADERSHIP AT ALL LEVELS, THE MISSION AND FUNCTION OF KIWANIS CLUBS AND KIWANIS INTERNATIONAL, SERVING THE CHILDREN OF THE WORLD AND IN OUR COMMUNITIES, CAN BE CARRIED OUT EFFECTIVELY.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.2$5.59$22.6$16.7$18.2$1.47
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.1$7.81$23.3$16.8$19.4$2.55
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.1$6.69$32.4$19.4$16.5$2.92
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.6$5.39$29.3$15.9$16.7$0.80
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.1$7.12$28.0$19.4$19.4$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.8$4.67$30.1$18.4$18.1$0.33
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.4$4.22$29.2$18.1$17.1$0.99
2016Detailed filing. Detailed filing data is available for this year.$31.0$4.39$26.6$17.4$18.3$0.86
2015Detailed filing. Detailed filing data is available for this year.$29.9$4.15$25.7$18.0$19.4$1.40
2014Detailed filing. Detailed filing data is available for this year.$32.9$4.67$28.2$19.0$18.2$0.82
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.0$4.62$29.4$15.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.1$4.28$27.8$15.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.7$3.91$27.8$17.9