Civic Intelligence

Sarasota Kiwanis Foundation Inc.

990 • Fiscal year 2015 • EIN 59-6153329

Oct 01, 2014 to Sep 30, 2015 • Filed on Feb 15, 2016

C/O 2381 Fruitville RoadSarasota, FL 34237

(941) 366-2983

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

89th percentile

39%

Higher net margin than 89% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

17th percentile

-9.3%

Faster asset growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

33rd percentile

-4.2%

Faster revenue growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$932,870

Down $95,991 (-9.3%) from 2014

Net Assets

Down

$932,870

Down $95,991 (-9.3%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$79,397

Down $3,482 (-4.2%) from 2014

Expenses

Down

$48,669

Down $3,321 (-6.4%) from 2014

Net Income

Down

$30,728

Down $161 (-0.5%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $799,830Liabilities 2011: $0Net Assets 2011: $799,8302011Assets 2012: $800,620Liabilities 2012: $0Net Assets 2012: $800,6202012Assets 2013: $991,165Liabilities 2013: $0Net Assets 2013: $991,1652013Assets 2014: $1,028,861Liabilities 2014: $0Net Assets 2014: $1,028,8612014Assets 2015: $932,870Liabilities 2015: $0Net Assets 2015: $932,8702015Assets 2016: $960,329Liabilities 2016: $0Net Assets 2016: $960,3292016Assets 2017: $1,083,881Liabilities 2017: $2,050Net Assets 2017: $1,081,8312017Assets 2018: $1,213,241Liabilities 2018: $14,150Net Assets 2018: $1,199,0912018Assets 2019: $1,191,870Liabilities 2019: $3,150Net Assets 2019: $1,188,7202019Assets 2020: $1,242,426Liabilities 2020: $1,750Net Assets 2020: $1,240,6762020Assets 2021: $1,413,872Liabilities 2021: $875Net Assets 2021: $1,412,9972021Assets 2022: $1,163,662Liabilities 2022: $4,525Net Assets 2022: $1,159,1372022Assets 2023: $1,261,068Liabilities 2023: $6,450Net Assets 2023: $1,254,6182023Assets 2024: $1,445,771Liabilities 2024: $5,050Net Assets 2024: $1,440,7212024

Highlighted filing

2015

Assets$932,870
Liabilities$0
Net Assets$932,870

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $51,5392011Expenses 2012: $60,5582012Revenue 2013: $242,454Expenses 2013: $61,753Net Income 2013: $180,7012013Revenue 2014: $82,879Expenses 2014: $51,990Net Income 2014: $30,8892014Revenue 2015: $79,397Expenses 2015: $48,669Net Income 2015: $30,7282015Revenue 2016: $82,332Expenses 2016: $63,239Net Income 2016: $19,0932016Revenue 2017: $89,227Expenses 2017: $54,508Net Income 2017: $34,7192017Revenue 2018: $153,841Expenses 2018: $55,297Net Income 2018: $98,5442018Revenue 2019: $49,615Expenses 2019: $55,887Net Income 2019: -$6,2722019Revenue 2020: $114,164Expenses 2020: $60,457Net Income 2020: $53,7072020Revenue 2021: $342,803Expenses 2021: $64,510Net Income 2021: $278,2932021Revenue 2022: $28,834Expenses 2022: $108,279Net Income 2022: -$79,4452022Revenue 2023: $45,160Expenses 2023: $57,206Net Income 2023: -$12,0462023Revenue 2024: $48,972Expenses 2024: $50,829Net Income 2024: -$1,8572024

Highlighted filing

2015

Revenue$79,397
Expenses$48,669
Net Income$30,728
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Feb 15, 2016
Return Version
2014v6.0
Gross Receipts
$88,598
Mission and Program Overview

Mission

To support such worthy projects for youth and the elderly as in the opinion of the trustees shall be deserving of such assistance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,019,842$924,822▼ $95,020
Savings and Temporary Cash Investments$6,122$5,151▼ $971
Total Assets$1,028,861$932,870▼ $95,991
Other Assets Total$2,897$2,897→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,018,051$923,318▼ $94,733
Temporarily Rstr Net Assets$10,810$9,552▼ $1,258
Total Net Assets Fund Balance$1,028,861$932,870▼ $95,991
Total Liabilities and Net Assets / Fund Balance$1,028,861$932,870▼ $95,991

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$924,822--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$2,454---$2,454
2013$2,454---$2,454
2012$2,454---$2,454
2011$2,454---$2,454
2010-$3,954-$1,500$2,454
Compensation and Service Providers

Board Members and Trustees

NameTitle
Terry McgannonClub President
Barbara YongClub President Elect
Peter AbbottPast President
Paul GardnerPresident
J Mack ReidDirector
Jeff DejonghDirector
John MooreDirector
Larry BowmanDirector
Robert SchebDirector
Scott StuartDirector
Yvonne DesimoneDirector
Larry SchaperSecretary
Ryan ThompsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,779
Program Service Revenue
$0
Investment Income
$68,069
Other Revenue
$9,549
All Other Contributions
$1,779
Change in Net Assets
$30,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$41,290
Other Expenses$7,379
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$41,290--$41,290
Fees for Service Investment Mgmnt Fees-$5,080-$5,080
Other Expenses-$1,258-$1,258
Conferences and Meetings-$660-$660
Insurance-$212-$212
Office Expenses-$169-$169
Total Functional Expenses$41,290$7,379$0$48,669
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boys and Girls Clubs of Sarasota County IncSarasota, FL501(c)3Charitable Giving$10,000
Community Haven for Adults and Children With Disabilities IncSarasota, FL501(c)3Charitable Giving$5,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,750
Fundraising Direct Expenses$9,201
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Veterans Day Breakfast$15,400$15,400$7,163$8,237
Daddy/daughter Night$3,350$3,350$2,038$1,312
Total Events$18,750$18,750$9,201$9,549
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

All members of the kiwanis club of sarasota are members of the sarasota kiwanis foundation, inc.

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

At the annual meeting each year, club members vote to approve the slate of nominations for the board of directors.

Form 990, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the board of directors.

Form 990, Part VI, Section B, Line 11

Form 990 is reviewed by the treasurer of the organization prior to being filed.

Form 990, Part VI, Section B, Line 12

There are no paid employees of the organization.

Form 990, Part VI, Section B, Line 15

There are no paid employees of the organization.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sarasota Kiwanis Foundation Inc
EIN
59-6153329
Phone
9413662983
Address
C/O 2381 FRUITVILLE ROAD, SARASOTA, FL 34237

Signing Officer

Name
Ryan Thompson
Title
Treasurer
Phone
9413662983
Signed
2016-02-15

Organization Details

Principal Officer
James Toale
Formed
1962
Legal Domicile
Fl
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt024402
IRS990ScheduleA/InvestmentIncomePYPct00.57580
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.39530
IRS990ScheduleA/PublicSupportPY509Pct00.42420
IRS990ScheduleA/PublicSupportTotal170Amt073231
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01779
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06223
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt014743
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt029232
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt073231
IRS990ScheduleA/TotalSupportAmt0185271
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02454
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02454
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02454
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02454
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02454
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02454
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02454
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02454
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt03954
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02454
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt01500
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0924822
IRS990ScheduleD/OtherSecuritiesGrp/Desc0GULF COAST COMMUNITY FOUNDATION
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0924822
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09201
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0VETERANS DAY BREAKFAST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0DADDY/DAUGHTER NIGHT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt03350
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt018750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt03350
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt018750
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt09549
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09201
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07163
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02038
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt15500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CHARITABLE GIVING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CHARITABLE GIVING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BOYS AND GIRLS CLUBS OF SARASOTA COUNTY INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1COMMUNITY HAVEN FOR ADULTS AND CHILDREN WITH DISABILITIES INC
IRS990ScheduleI/RecipientTable/RecipientEIN0596211876
IRS990ScheduleI/RecipientTable/RecipientEIN1591305522
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 4068
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt14405 DESOTO ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SARASOTA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SARASOTA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd034230
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd134235
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEMBERS OF THE KIWANIS CLUB OF SARASOTA ARE MEMBERS OF THE SARASOTA KIWANIS FOUNDATION, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE ANNUAL MEETING EACH YEAR, CLUB MEMBERS VOTE TO APPROVE THE SLATE OF NOMINATIONS FOR THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE TREASURER OF THE ORGANIZATION PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE ARE NO PAID EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE ARE NO PAID EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt010810
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt09552
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01028861
IRS990/TotalAssetsEOYAmt0932870
IRS990/TotalAssetsGrp/BOYAmt01028861
IRS990/TotalAssetsGrp/EOYAmt0932870
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01779
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07379
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt041290
IRS990/TotalFunctionalExpensesGrp/TotalAmt048669
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01028861
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0932870
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt041290
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt026941
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt050677
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt079397
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01028861
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0932870
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01018051
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0923318
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02381 FRUITVILLE ROAD
IRS990/USAddress/CityNm0SARASOTA
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034237
IRS990/VotingMembersGoverningBodyCnt013

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.45$0.01$1.44$0.05$0.05$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.26$0.01$1.25$0.05$0.06$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.00$1.16$0.03$0.11$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.34$0.06$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.11$0.06$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.05$0.06$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.21$0.01$1.20$0.15$0.06$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.09$0.05$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.08$0.06$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.08$0.05$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.08$0.05$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$0.24$0.06$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.80$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.80$0.05