Middlesex Kiwanis Foundation is located in Urbanna, VA. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Middlesex Kiwanis Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Middlesex Kiwanis Foundation generated $93.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 58.2% each year . All expenses for the organization totaled $79.5k during the year ending 09/2023. While expenses have increased by 20.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
KIWANIS OVERALL GOAL IS "IMPROVING THE WORLD ONE CHILD AND ONE COMMUNITY AT A TIME".THE MIDDLESEX KIWANIANS RAISE FUNDS THROUGH GRANTS, DONATIONS AND FUNDRAISING ACIVITIES TO THEN CONTRIBUTE TO THE PUBLIC SCHOOLS AND YOUTH OF MIDDLESEX COUNTY THROUGH A VARIETY OF PROGRAMS.IN PARTICULAR, THE MIDDLESEX KIWANIANS DONATED $26,000 IN SCHOLARSHIPS AND THE BALANCE TO OTHER COMMUNITY ORGANIZATIONS AND TO THE MES SCHOOL SYSTEM AS OUTLINED IN SCHEDULE O.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Cornette President | 3 | $0 | |
Dick Goyne Director | 5 | $0 | |
Karen Brown Vice President | 3 | $0 | |
Nancy Fisk Director | 5 | $0 | |
Ron Mccallum Secretary | 12 | $0 | |
Joyce Allen Director | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,379 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,427 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $49,292 |
| Other Revenue | $0 |
| Total Revenue | $93,098 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,050 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,492 |
| Total expenses | $79,495 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,926 |
| Other assets | $0 |
| Total assets | $86,926 |
| Total liabilities | $0 |
| Net assets or fund balances | $86,926 |