Downey Kiwanis Foundation
- Assets
- $5.8m
- Revenue
- $499.5k
- Investments
- $5.6m
- Employees
- 0
- Location
- Downey, CA
- Founding
- Data as of
- 12/2022
- EIN
- 95-4001578
Organization Overview
Downey Kiwanis Foundation is located in Downey, CA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downey 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 12/2022, Downey Kiwanis Foundation generated $499.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $310.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Downey Kiwanis Foundation has awarded 105 individual grants totaling $1,472,339. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
43 SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS
MODERNIZATION OF BANQUET HALL OPERATED BY ARC
PURCHASE MATERIALS TO ENHANCE THE LEARNING ENVIRONMENT AT DOWNEY CHILDCARE CENTERS
BRINGING MUSIC TO THE 5TH GRADE STUDENTS OF DOWNEY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carmen Vasquez President | 1 | $0 | |
Gary Nesbit Treasurer | 1 | $0 | |
Charles Pifer Director | 0.2 | $0 | |
Steve Roberson Director | 0.2 | $0 | |
Alan Frischer Director | 0.2 | $0 | |
Stephen Chu Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $256,905 |
| Interest on Savings | $0 |
| Dividends & Interest | $243,352 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$713 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $499,544 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,097 |
| Contributions, gifts, grants paid | $300,030 |
| Total expenses and disbursements | $310,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,826 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,597,940 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,836,766 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Downey Kiwanis Foundation has awarded $300,030 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
43 GRADUATING HIGH SCHOOL STUDENTS PURPOSE: SCHOLARSHIP | $113,625 |
ARC OF SOUTHEAST LOS ANGELES PURPOSE: MODERNIZATION OF BANQUET HALL ALONG WITH ANNUAL FINANCIAL SUPPORT | $101,000 |
Montebello, CA PURPOSE: PURCHASE MATERIALS TO ENHANCE THE LEARNING ENVIRONMENT AT DOWNEY CHILDCARE CENTERS | $25,000 |
Downey, CA PURPOSE: BRINGING MUSIC TO THE 5TH GRADE STUDENTS OF DOWNEY | $17,000 |
Downey, CA PURPOSE: FINANCIAL SUPPORT FOR THE DON KNABE WELLNESS CENTER ALONG WITH ANNUAL SUPPORT | $16,000 |
DOWNEY HIGH SCHOOL PURPOSE: FINANCIAL SUPPORT OF STEM AND ESPORTS PROGRAM ALONG WITH PURCHASE OF FITNESS EQUIPMENT | $11,086 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Development Foundation Woodland, CA | $499,472 | $124,731 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Central Valley General Hospital Hanford, CA | $0 | $118,529,798 |
Community Action Partnership Of San Luis Obispo County Inc San Luis Obispo, CA | $35,822,140 | $99,105,503 |
San Francisco Culinary Bartenders & Service Employees Welfare Fund Seattle, WA | $67,749,672 | $85,873,278 |
San Francisco Museum Of Modern Art San Francisco, CA | $782,459,375 | $60,826,981 |
Rogue Credit Union Medford, OR | $2,944,952,062 | $136,267,424 |
Presbyterian Retirement Communities Northwest Bellevue, WA | $589,407,305 | $86,965,439 |