Kiwanis Club Of Louisville Foundati On Inc
Kiwanis Club Of Louisville Foundation Inc. shows consistent asset growth and no liabilities with volunteer leadership.
EIN: 201531707 · Louisville, KY · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $342K |
| Total Expenses | $104K |
| Program Spending | 90% |
| Net Assets | $711K |
| Transparency Score | 92/100 |
Is Kiwanis Club Of Louisville Foundati On Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kiwanis Club Of Louisville Foundati On Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kiwanis Club Of Louisville Foundati On Inc
Kiwanis Club Of Louisville Foundati On Inc (EIN: 201531707) is a nonprofit organization based in Louisville, KY, classified under NTEE code T30. The organization reported total revenue of $342K and total assets of $837K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kiwanis Club Of Louisville Foundati On Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kiwanis Club Of Louisville Foundati On Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 18.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $145K |
| Total Expenses | $104K |
| Surplus / Deficit | +$42K |
| Total Assets | $711K |
| Net Assets | $711K |
| Operating Margin | 28.8% |
| Months of Reserves | 82.3 months |
Financial Health Grade: A
In 2024, Kiwanis Club Of Louisville Foundati On Inc reported a surplus of $42K with revenue exceeding expenses, holds 82.3 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Kiwanis Club Of Louisville Foundati On Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +9.8% | -11.3% | +28.0% |
| 2023 | +27.6% | +47.6% | +10.4% |
| 2022 | +6.6% | +39.5% | -11.4% |
| 2021 | +7.1% | -47.6% | +31.0% |
| 2020 | -18.9% | +12.2% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kiwanis Club Of Louisville Foundati On Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Kiwanis Club Of Louisville Foundati On Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $42K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is run by volunteers, which is a highly efficient use of donor funds.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Kiwanis Club Of Louisville Foundati On Inc:
- 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.
Frequently Asked Questions about Kiwanis Club Of Louisville Foundati On Inc
Is Kiwanis Club Of Louisville Foundati On Inc a legitimate charity?
Kiwanis Club Of Louisville Foundati On Inc (EIN: 201531707) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $342K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Kiwanis Club Of Louisville Foundati On Inc spend its money?
Kiwanis Club Of Louisville Foundati On Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kiwanis Club Of Louisville Foundati On Inc tax-deductible?
Kiwanis Club Of Louisville Foundati On Inc is registered as a tax-exempt nonprofit (EIN: 201531707). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kiwanis Club Of Louisville Foundati On Inc's spending goes to programs?
Kiwanis Club Of Louisville Foundati On Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kiwanis Club Of Louisville Foundati On Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Kiwanis Club Of Louisville Foundati On Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kiwanis Club Of Louisville Foundati On Inc located?
Kiwanis Club Of Louisville Foundati On Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 201531707. It is classified under NTEE code T30.
How many years of IRS 990 filings does Kiwanis Club Of Louisville Foundati On Inc have?
Kiwanis Club Of Louisville Foundati On Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $342K in total revenue.
Is Kiwanis Club Of Louisville Foundation Inc. a good charity?
Based on the provided financial data, the Kiwanis Club Of Louisville Foundation Inc. appears to be a very good charity. They have no liabilities, a growing asset base, and report 0% officer compensation, indicating strong financial health and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has consistently improved. Assets have grown from $329,920 in 201509 to $710,679 in 202409, and they have maintained a positive revenue-to-expense ratio in most years, indicating sustainable growth.
What is the trend in their revenue and expenses?
Revenue has generally trended upwards, with the latest period (202409) showing $145,492, up from $81,212 in 201509. Expenses have also increased but typically remain below revenue, allowing for asset accumulation. There was a period in 202009 where expenses ($108,114) exceeded revenue ($91,008), but this was an anomaly in an otherwise positive trend.
Filing History
IRS 990 filing history for Kiwanis Club Of Louisville Foundati On Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Kiwanis Club Of Louisville Foundati On Inc's revenue has grown by 828.9%, moving from $16K to $145K. Total assets increased by 177.1% over the same period, from $256K to $711K. Total functional expenses rose by 662.1%, from $14K to $104K. In its most recent filing year (2024), Kiwanis Club Of Louisville Foundati On Inc reported a surplus of $42K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $145K | $104K | $711K | $0 | — | — |
| 2023 | $133K | $117K | $555K | $0 | — | View 990 |
| 2022 | $104K | $79K | $503K | $0 | — | View 990 |
| 2021 | $97K | $57K | $567K | $0 | — | View 990 |
| 2020 | $91K | $108K | $433K | $0 | — | — |
| 2019 | $112K | $96K | $430K | $0 | — | View 990 |
| 2018 | $104K | $89K | $407K | $0 | — | View 990 |
| 2017 | $68K | $89K | $358K | $0 | — | View 990 |
| 2016 | $112K | $78K | $345K | $0 | — | View 990 |
| 2015 | $81K | $71K | $330K | $0 | — | View 990 |
| 2014 | $85K | $61K | $346K | $0 | — | View 990 |
| 2013 | $28K | $14K | $316K | $0 | — | View 990 |
| 2012 | $17K | $14K | $288K | $0 | — | View 990 |
| 2011 | $16K | $14K | $256K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $145K, expenses of $104K, and assets of $711K (revenue +9.8% year-over-year).
- 2023: Revenue of $133K, expenses of $117K, and assets of $555K (revenue +27.6% year-over-year).
- 2022: Revenue of $104K, expenses of $79K, and assets of $503K (revenue +6.6% year-over-year).
- 2021: Revenue of $97K, expenses of $57K, and assets of $567K (revenue +7.1% year-over-year).
- 2020: Revenue of $91K, expenses of $108K, and assets of $433K (revenue -18.9% year-over-year).
- 2019: Revenue of $112K, expenses of $96K, and assets of $430K (revenue +8.0% year-over-year).
- 2018: Revenue of $104K, expenses of $89K, and assets of $407K (revenue +53.0% year-over-year).
- 2017: Revenue of $68K, expenses of $89K, and assets of $358K (revenue -39.5% year-over-year).
- 2016: Revenue of $112K, expenses of $78K, and assets of $345K (revenue +38.3% year-over-year).
- 2015: Revenue of $81K, expenses of $71K, and assets of $330K (revenue -5.0% year-over-year).
- 2014: Revenue of $85K, expenses of $61K, and assets of $346K (revenue +210.7% year-over-year).
- 2013: Revenue of $28K, expenses of $14K, and assets of $316K (revenue +65.3% year-over-year).
- 2012: Revenue of $17K, expenses of $14K, and assets of $288K (revenue +6.2% year-over-year).
- 2011: Revenue of $16K, expenses of $14K, and assets of $256K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kiwanis Club Of Louisville Foundati On Inc:
Data Sources and Methodology
This transparency report for Kiwanis Club Of Louisville Foundati On Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.