Lake San Marcos Kiwanis Club Foundation Inc is located in San Marcos, CA. The organization was established in 1993. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake San Marcos Kiwanis Club Foundation Inc 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, Lake San Marcos Kiwanis Club Foundation Inc generated $76.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 42.8% each year . All expenses for the organization totaled $36.7k during the year ending 09/2023. 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
GRANTED 11 SCHOLARSHIPS RANGING FROM $1000 TO $2000; COORDINATED SAN MARCOS HOLIDAY PARADE; GAVE OUT 2000 BOOKS TO YOUTH; SUPPORTED CUB SCOUT PACK #662; SUPPORTED THREE HIGH SCHOOL KIWANIS KEY CLUBS; COORDINATED FLAG RETIREMENT CEREMONY FOR THE CITY OF SAN MARCOS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Alden President | 4 | $0 | |
Pat Haugen Secretary & Treasurer | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,281 |
| Total Program Service Revenue | $1,357 |
| Membership dues | $0 |
| Investment income | $788 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,901 |
| Other Revenue | $0 |
| Total Revenue | $76,327 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,427 |
| Total expenses | $36,729 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $126,450 |
| Other assets | $0 |
| Total assets | $126,450 |
| Total liabilities | $0 |
| Net assets or fund balances | $126,450 |