Civic Intelligence

Kiwanis International Inc

990 • Fiscal year 2018 • EIN 36-1327510

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

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

49th percentile

0.13x

Higher debt load relative to assets than 49% of similar nonprofits.

2018 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.25x

Higher debt load relative to revenue than 56% of similar nonprofits.

2018 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2018

Net Margin

36th percentile

1.8%

Higher net margin than 36% of similar nonprofits.

2018 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

67th percentile

$299,527

Higher top officer pay than 67% of similar nonprofits.

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

2018 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2018

Asset Growth

59th percentile

4.1%

Faster asset growth than 59% of similar nonprofits.

2018 filings • 501(c)4 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

37th percentile

1.7%

Faster revenue growth than 37% of similar nonprofits.

2018 filings • 501(c)4 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Up

$34,806,649

Up $1,361,721 (+4.1%) from 2017

Net Assets

Up

$30,140,018

Up $918,306 (+3.1%) from 2017

Liabilities

Up

$4,666,631

Up $443,415 (+10%) from 2017

Revenue

Up

$18,399,119

Up $299,118 (+1.7%) from 2017

Expenses

Up

$18,065,477

Up $951,682 (+5.6%) from 2017

Net Income

Down

$333,642

Down $652,564 (-66%) from 2017

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

2018

Assets$34,806,649
Liabilities$4,666,631
Net Assets$30,140,018

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

2018

Revenue$18,399,119
Expenses$18,065,477
Net Income$333,642
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 15, 2019
Return Version
2017v2.3
Gross Receipts
$27,556,436
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$24,382,698$26,421,216▲ $2,038,518
Land, Buildings, and Equipment, Net$4,102,331$4,057,027▼ $45,304
Savings and Temporary Cash Investments$3,113,290$2,314,971▼ $798,319
Inventories for Sale or Use$452,532$454,409▲ $1,877
Prepaid Expenses and Deferred Charges$608,083$427,416▼ $180,667
Accounts Receivable$453,913$333,170▼ $120,743
Cash and Non-Interest-Bearing Accounts$1,165$69▼ $1,096
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$33,444,928$34,806,649▲ $1,361,721
Other Assets Total$330,916$798,371▲ $467,455
Liabilities
Other Liabilities$2,246,554$2,434,304▲ $187,750
Accounts Payable and Accrued Expenses$1,976,662$2,232,327▲ $255,665
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$4,223,216$4,666,631▲ $443,415
Net Assets / Fund Balance
Unrestricted Net Assets$29,221,712$30,140,018▲ $918,306
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$29,221,712$30,140,018▲ $918,306
Total Liabilities and Net Assets / Fund Balance$33,444,928$34,806,649▲ $1,361,721

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,047,674$5,319,894$6,367,568
Buildings$1,222,795$3,090,003$4,312,798
Leasehold Improvements$1,074,935$818,483$1,893,418
Land$711,623-$711,623
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stan D SoderstromExecutive DirectorFT$219,459$50,116$269,575
Robert W BroderickChief Financial OfficerFT$186,291$24,755$211,046
Jeffrey E OatessChief Operating OfficerFT$171,401$37,115$208,516
William ParkerControllerFT$128,459$19,361$147,820
Lisa HeindricksSr Director Hr-facility-risk MgtFT$123,585$19,166$142,751
Amy WiserChief Communications OfficerFT$121,725$20,092$141,817
Tatiana DayDirector of Global MembershipFT$115,769$18,854$134,623
Pamela NormanSr Director Corp. RelationsFT$114,731$19,812$134,543
Jane M EricksonImmediate Past President-$51,346-$51,346
James M RochfordPresident-$10,402-$10,402
Fred DietzeTrustee-$5,732-$5,732
Bert WestTrustee-$4,584-$4,584
Terry a WhiteTrustee-$4,152-$4,152
John E DevilbissTrustee-$3,768-$3,768
Gary LevineTrustee-$3,594-$3,594
Peter J MancusoTrustee-$3,492-$3,492
Lance M IncittiTrustee-$2,616-$2,616

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Touchstone Mdse GroupMerchandise Whse7200 INDUSTRIAL ROW, Mason, OH 45040$370,506
Order Fulfillment GroupMdse FulfillmentPO BOX 78474, Indianapolis, IN 46268$345,486
Markey's Audio VisualCommunications2365 ENTERPRISE PARK PLACE, Indianapolis, IN 46218$269,801
Borshoff INCPublic Relation Svcs47 SOUTH PENNSYLVANIA STREET, Indianapolis, IN 46204$163,958
Fineline Printing GroupPublishing-printing8081 ZIONSVILLE ROAD, Indianapolis, IN 46268$162,931
Revenue and Support

Revenue Composition

Contributions and Grants
$10,126,579
Program Service Revenue
$5,426,705
Investment Income
$1,389,859
Other Revenue
$1,455,976
Change in Net Assets
$333,642

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,275,365
Revenue Not Reported on Financial Statements
$123,754
Revenue Not Reported on Form 990
$1,383,439
Total Revenue per Audited Statements
$19,658,804
Total Revenue per Form 990
$18,399,119
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,476,185
Other Expenses$7,983,191
Grants and Similar Amounts Paid$606,101
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,012,183$2,908,453-$5,920,636
Other Employee Benefits$1,051,242$1,015,041$0$2,066,283
Conferences and Meetings$1,413,553$107,446-$1,520,999
Insurance$1,245,885$57,669-$1,303,554
Travel$598,312$500,751-$1,099,063
Fees for Services Other$433,537$368,719-$802,256
Current Officers, Directors, Trustees, and Key Employees-$776,761-$776,761
Office Expenses$430,282$179,697-$609,979
Depreciation Depletion$290,210$176,636-$466,846
Grants to Domestic Orgs$459,271--$459,271
Payroll Taxes$207,747$200,592-$408,339
Advertising$337,262$15,209-$352,471
Information Technology$10,286$318,153-$328,439
Pension Plan Contributions$154,747$149,419-$304,166
Foreign Grants$146,830--$146,830
Fees for Services Legal-$124,462-$124,462
Fees for Service Investment Mgmnt Fees-$123,754-$123,754
Fees for Services Accounting-$96,890-$96,890
Occupancy$9,507$66,760-$76,267
Other Expenses$37,003$0-$37,003
Interest-$4,958-$4,958
Total Functional Expenses$10,696,400$7,369,077$0$18,065,477

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$18,740,498
Total Expenses per Form 990$18,065,477
Expenses per Audited Statements$17,941,723
Expenses Not Reported on Form 990$798,775
Expenses Not Reported on Financial Statements$123,754
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Circle K InternationalIndianapolis, IN501(c)(4)General Support$270,217

International Summary

Offices
1
Employees
8
Spending
$1,782,725

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments---$895,526
Europe (including Iceland and Greenland)Program ServicesGrowth and Education15$684,394
East Asia and the PacificProgram ServicesGrowth and Education01$188,939
South AmericaProgram ServicesGrowth and Education-1$8,935
Central America and the CaribbeanProgram ServicesGrowth and Education-1$4,931
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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.$2,434,304
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

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 participate in any vote to change the governing documents.

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

Kiwanis bylaws can be amended by a 2/3 or majority vote of the house of delegates (certified members eligible to vote) at the annual kiwanis international convention.

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 at the time the tax return is filed.

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 required 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 march 2018 by independent firms and coordinated 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
Robert W Broderick
Title
CFO
Phone
3178758755
Signed
2019-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stan D Soderstrom
Formed
1915
Legal Domicile
In
Voting Board Members
19
Independent Board Members
17
Employees
129
Volunteers
191,439

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 (publications) - 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 and to promote the good works of the local club.

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: $778,756 rental expense: 20,019 total: $798,775

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IRS990/Desc0LEADERSHIP EDUCATION/DEVELOPMENT AND COMMUNICATION - KIDS NEED KIWANIS; FOR MORE THAN 100 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 THEIR CLUB, DIVISION, DISTRICT, AND INTERNATIONAL OFFICERS. IT IS IMPORTANT TO EDUCATE CLUB OFFICERS HOW TO LEAD AND OPERATE A CLUB, TO EDUCATE LIEUTENANT GOVERNORS HOWTO 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
2018Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)4 • $25M-$50M nonprofits