Kiwanis Of Little Havana Foundation Inc
- Assets
- $983.6k
- Revenue
- $312.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Miami, FL
- Founding
- 02/2015
- Data as of
- 09/2020
- EIN
- 65-0093807
Organization Overview
Kiwanis Of Little Havana Foundation Inc is located in Miami, FL. The organization was established in 2015. According to its NTEE Classification (S82) the organization is classified as: Mens 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. Kiwanis Of Little Havana 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 09/2020, Kiwanis Of Little Havana Foundation Inc generated $312.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $292.4k during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING SCHOLARSHIPS FOR COLLEGE EDUCATION AND ASSISTANCE TO THE SURROUNDING UNDERSERVED HISPANIC COMMUNITY, INCLUDING SCHOLARSHIPS, BACK-TO-SCHOOL SUPPLIES DISTRIBUTIONS, AND ANNUAL SPORTS LEAGUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP PROGRAMTO PROVIDE FOUR-YEAR SCHOLARSHIPS TOWARD THE ATTAINMENT OF A BACHELOR'S DEGREE AT A STATE OF FLORIDA PUBLIC COLLEGE OR UNIVERSITY FOR THE UNDERSERVED HISPANIC AND MULTI-CULTURAL YOUTH OF MIAMI-DADE COUNTY. THIS ASSISTS THE FINANCIALLY DISADVANTAGED CHILDREN WITH EDUCATIONAL AND RECREATIONAL NEEDS, FORMING PRODUCTIVE CITIZENS AND FUTURE LEADERS THROUGH EDUCATION; LEADING THE WAY TO A BRIGHTER TOMORROW.
BACK TO SCHOOL PROJECTPROVIDING BOOK BAGS AND SCHOOL SUPPLIES TO THOUSANDS OF CHILDREN IN FREE-LUNCH AREA ELEMENTARY SCHOOLS WITHIN A PREDOMINANTLYHISPANIC/AFRO-AMERICAN STUDENT BODY THROUGHOUT MIAMI-DADE COUNTY.SCHOOLS ARE SELECTED FROM A LIST PROVIDED BY MIAMI-DADE COUNTY PUBLIC SCHOOL SYSTEM, SHOWING THE SCHOOLS WITH GREATER PERCENTAGE OF STUDENTS RECEIVING FREE LUNCH. THE DISTRIBUTION REACHES 5,000 PLUS STUDENTS, TAKES PLACE IN THE FIRST WEEK OF SCHOOL, AND PROVIDES BOOK BAGS, PENCILS, NOTEBOOKS, WRITING TABLETS, SAFETY SCISSORS, GLUE STICKS, CRAYONS, RULERS, COMPOSITION BOOKS, FILLER PAPER, AND PORTFOLIOS.
SUPPORT FOR SEVERAL PROGRAMS INCLUDING THE CHRISTMAS "ADOPT A FAMILY" PROJECT, AN ELDERLY SUPPORT PROJECT, AN ANNUAL BASKETBALL, BASEBALL, AND SOCCER LEAGUE AND CROWNS OF LOVE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricardo Gonzalez Second Vice Chairman | Officer | 5 | $0 |
David Gil Assistant Secretary | Officer | 5 | $0 |
Frank Gonzalez Treasurer | Officer | 5 | $0 |
Raymond Sardina Secretary | Officer | 5 | $0 |
Ross Jimenez Chairman | Officer | 5 | $0 |
Jerry Fernandez First Vice Chairman | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $467,067 |
| Investment income | $20,455 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$175,495 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $312,027 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $109,290 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,400 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,724 |
| Payroll taxes | $5,852 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $590 |
| Office expenses | $1,509 |
| Information technology | $5,202 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,930 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $292,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $226,148 |
| Savings and temporary cash investments | $140,205 |
| Pledges and grants receivable | $24,205 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,100 |
| Investments—publicly traded securities | $418,488 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $169,494 |
| Total assets | $983,640 |
| Accounts payable and accrued expenses | $84,586 |
| Grants payable | $173,613 |
| Deferred revenue | $51,565 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $12,500 |
| Other liabilities | $0 |
| Total liabilities | $322,264 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $661,376 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Kiwanis Of Little Havana Foundation Inc has recieved totaling $27,745.
| Awarding Organization | Amount |
|---|---|
Korth Family Foundation Inc Ada, MI PURPOSE: GENERAL CONTRIBUTION TO CHARITY | $25,000 |
Ansin Foundation N Miami, FL PURPOSE: GENERAL SUPPORT | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $245 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
100 Black Men Of Atlanta Inc Atlanta, GA | $1,532,763 | $1,952,915 |
Benevolent & Protective Order Of Elks Of The Usa Ocala, FL | $1,483,804 | $650,329 |
100 Black Men Of Greater Orlando Inc Orlando, FL | $201,753 | $400,147 |
Florida Kiwanis Foundation Inc Atlantic Beach, FL | $4,710,563 | $349,851 |
Sanford Lodge No 1851 Loyal Order Of Moose Sanford, FL | $225,455 | $322,780 |
Bay Minette Rotary Village Inc Mobile, AL | $1,727,479 | $237,397 |
Kiwanis Of Little Havana Foundation Inc Miami, FL | $983,640 | $312,027 |
Dekalb County Chapter Of 100 Black Men Of America Inc Atlanta, GA | $194,135 | $296,130 |
Benevolent & Protective Order Of Elks Of The Usa Brandon, FL | $691,708 | $288,227 |
100 Black Men Of South Metro Inc Atlanta, GA | $238,407 | $284,317 |
Rotary International Columbus, GA | $272,568 | $258,748 |
Cape Coral Rotary Foundation Inc Cape Coral, FL | $474,772 | $222,354 |