Is Kiwanis Club Of Louisville Foundati On Inc Legit?
Quick charity verification for Kiwanis Club Of Louisville Foundati On Inc (EIN: 201531707)
Verdict: Kiwanis Club Of Louisville Foundati On Inc appears trustworthy
92/100Mission Score
$342KRevenue
$837KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $329,920 in 201509 to $710,679 in 202409.
Zero reported liabilities across all filings, indicating strong financial stability.
0% officer compensation, demonstrating volunteer-driven leadership and efficient use of funds.
Generally positive revenue-to-expense ratio, ensuring financial sustainability.
Clear financial transparency with consistent filing history and no apparent irregularities.
Spending Breakdown
How Kiwanis Club Of Louisville Foundati On Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Kiwanis Club Of Louisville Foundati On Inc
Is Kiwanis Club Of Louisville Foundati On Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kiwanis Club Of Louisville Foundati On Inc (EIN: 201531707) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Kiwanis Club Of Louisville Foundati On Inc a good charity to donate to?
Kiwanis Club Of Louisville Foundati On Inc has a Mission Score of 92/100. Revenue: $342K. Assets: $837K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kiwanis Club Of Louisville Foundati On Inc?
The Employer Identification Number (EIN) for Kiwanis Club Of Louisville Foundati On Inc is 201531707. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Kiwanis Club Of Louisville Foundati On Inc spend its money?
Kiwanis Club Of Louisville Foundati On Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kiwanis Club Of Louisville Foundati On Inc's tax-exempt status?
You can verify Kiwanis Club Of Louisville Foundati On Inc's tax-exempt status using EIN 201531707 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Kiwanis Club Of Louisville Foundation Inc. demonstrates consistent financial health with a growing asset base and no reported liabilities across all available filings. In the latest period (202409), the organization reported revenue of $145,492 against expenses of $103,575, indicating a healthy surplus. Their assets have steadily increased from $329,920 in 201509 to $710,679 in 202409, suggesting effective asset management and financial stability. The absence of officer compensation in all reported periods is a strong indicator of volunteer-driven leadership and efficient use of funds, contributing positively to their financial transparency and public trust.
The organization consistently spends less than it earns, allowing for asset growth. For example, in 202309, revenue was $132,541 while expenses were $116,781. This prudent financial management ensures long-term sustainability. The NTEE code T30 (Philanthropy, Voluntarism, and Grantmaking Foundations) aligns with their operational model, and the lack of liabilities further reinforces their sound financial standing. Overall, the Kiwanis Club Of Louisville Foundation Inc. appears to be a financially stable and well-managed nonprofit.