Quick charity verification for Kiwanis Club Of Seward Foundationinc (EIN: 204728859)
Verdict: Kiwanis Club Of Seward Foundationinc appears trustworthy
92/100Mission Score
$41KRevenue
$329KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent filing period (202409), with expenses of $71,612 against revenue of $60,257.
Strengths
Consistent asset growth from $78,191 in 2016 to $314,243 in 2024.
Zero officer compensation reported across all nine available filings, indicating high efficiency and volunteer leadership.
Consistently reported $0 in liabilities, demonstrating strong financial health and no debt.
Regular and consistent filing of IRS Form 990s, indicating good transparency.
Spending Breakdown
How Kiwanis Club Of Seward Foundationinc 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 Seward Foundationinc
Is Kiwanis Club Of Seward Foundationinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kiwanis Club Of Seward Foundationinc (EIN: 204728859) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Kiwanis Club Of Seward Foundationinc a good charity to donate to?
Kiwanis Club Of Seward Foundationinc has a Mission Score of 92/100. Revenue: $41K. Assets: $329K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kiwanis Club Of Seward Foundationinc?
The Employer Identification Number (EIN) for Kiwanis Club Of Seward Foundationinc is 204728859. 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 Seward Foundationinc spend its money?
Kiwanis Club Of Seward Foundationinc 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 Seward Foundationinc's tax-exempt status?
You can verify Kiwanis Club Of Seward Foundationinc's tax-exempt status using EIN 204728859 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 Seward Foundationinc demonstrates consistent financial health with a growing asset base, increasing from $78,191 in 2016 to $314,243 in 2024. The organization's revenue has fluctuated, with a notable peak of $138,926 in 2019, but generally maintains a healthy level relative to its expenses. For instance, in 2023, revenue was $40,199 against expenses of $38,019, indicating sound financial management. However, the most recent filing for 2024 shows expenses ($71,612) exceeding revenue ($60,257), resulting in a deficit for that period, which warrants monitoring.
Spending efficiency appears strong, as the organization consistently reports 0% officer compensation across all available filings, suggesting that resources are directed towards its mission rather than executive salaries. While specific program spending percentages are not detailed in the provided data, the absence of officer compensation is a positive indicator of efficiency. The organization's liabilities have consistently been $0, reflecting a very healthy balance sheet and strong financial stewardship.
Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of zero officer compensation. The consistent growth in assets over the years, despite revenue fluctuations, suggests effective long-term financial planning and asset management. The recent deficit in 2024 is a point to watch, but overall, the foundation appears to be a well-managed and transparent entity.