Kiwanis Foundation Of Rehoboth Beach Inc
Kiwanis Foundation of Rehoboth Beach: Consistent Spending, Limited Program Activity
EIN: 222628707 · Rehoboth Bch, DE · NTEE: T50 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $106K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $14K |
| Transparency Score | 45/100 |
Is Kiwanis Foundation Of Rehoboth Beach Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kiwanis Foundation Of Rehoboth Beach Inc
Kiwanis Foundation Of Rehoboth Beach Inc (EIN: 222628707) is a nonprofit organization based in Rehoboth Bch, DE, classified under NTEE code T50. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kiwanis Foundation Of Rehoboth Beach Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kiwanis Foundation Of Rehoboth Beach Inc is a micro nonprofit that has been operating for 2 years, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $106K |
| Surplus / Deficit | $-93,332 |
| Total Assets | $14K |
| Net Assets | $14K |
| Operating Margin | -761.1% |
| Months of Reserves | 1.6 months |
Financial Health Grade: C
In 2016, Kiwanis Foundation Of Rehoboth Beach Inc reported a deficit of $93K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2011–2016), Kiwanis Foundation Of Rehoboth Beach Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +90.7% | +613.5% | -86.6% |
| 2015 | -71.6% | -34.7% | -7.2% |
| 2014 | -12.3% | +9.0% | +0.0% |
| 2013 | +13.8% | +10.7% | +4.5% |
| 2012 | +69.0% | -18.5% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2024 |
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 Foundation Of Rehoboth Beach Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Kiwanis Foundation Of Rehoboth Beach Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $93K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not a concern as the organization consistently reports $0 in compensation for all officers, directors, trustees, and key employees.
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.
Red Flags
The following concerns were identified during AI analysis of Kiwanis Foundation Of Rehoboth Beach Inc's IRS 990 filings:
- Zero reported program service expenses across all years, despite reporting revenue.
- All expenses are categorized as administrative, raising questions about the organization's charitable activities.
- Lack of detailed information on how funds are being used beyond administrative costs.
Strengths
The following positive indicators were identified for Kiwanis Foundation Of Rehoboth Beach Inc:
- Consistent reporting of $0 executive compensation.
- Stable asset base over the years.
Frequently Asked Questions about Kiwanis Foundation Of Rehoboth Beach Inc
Is Kiwanis Foundation Of Rehoboth Beach Inc a legitimate charity?
Kiwanis Foundation Of Rehoboth Beach Inc (EIN: 222628707) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 45/100. It has 6 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Kiwanis Foundation Of Rehoboth Beach Inc spend its money?
Kiwanis Foundation Of Rehoboth Beach Inc reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kiwanis Foundation Of Rehoboth Beach Inc tax-deductible?
Kiwanis Foundation Of Rehoboth Beach Inc is registered as a tax-exempt nonprofit (EIN: 222628707). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kiwanis Foundation Of Rehoboth Beach Inc CEO make?
Kiwanis Foundation Of Rehoboth Beach Inc's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Kiwanis Foundation Of Rehoboth Beach Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Kiwanis Foundation Of Rehoboth Beach Inc is near average for NTEE category T50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kiwanis Foundation Of Rehoboth Beach Inc located?
Kiwanis Foundation Of Rehoboth Beach Inc is headquartered in Rehoboth Bch, Delaware and files with the IRS under EIN 222628707. It is classified under NTEE code T50.
How many years of IRS 990 filings does Kiwanis Foundation Of Rehoboth Beach Inc have?
Kiwanis Foundation Of Rehoboth Beach Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Kiwanis Foundation Of Rehoboth Beach Inc do?
Kiwanis Foundation Of Rehoboth Beach Inc is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Rehoboth Bch, Delaware. It is classified under NTEE code T50.
How much revenue does Kiwanis Foundation Of Rehoboth Beach Inc have?
Kiwanis Foundation Of Rehoboth Beach Inc reported total revenue of N/A. Based on 6 IRS 990 filings on record.
What are Kiwanis Foundation Of Rehoboth Beach Inc's total assets?
Kiwanis Foundation Of Rehoboth Beach Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Kiwanis Foundation Of Rehoboth Beach Inc located?
Kiwanis Foundation Of Rehoboth Beach Inc is based in Rehoboth Bch, Delaware.
What is Kiwanis Foundation Of Rehoboth Beach Inc's EIN?
Kiwanis Foundation Of Rehoboth Beach Inc's Employer Identification Number (EIN) is 222628707. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Kiwanis Foundation Of Rehoboth Beach Inc?
Kiwanis Foundation Of Rehoboth Beach Inc is classified under NTEE code T50 (Philanthropy, Voluntarism & Grantmaking).
Is Kiwanis Foundation Of Rehoboth Beach Inc a registered 501(c)(3)?
Yes, Kiwanis Foundation Of Rehoboth Beach Inc is recognized as a tax-exempt organization by the IRS. EIN: 222628707.
Does Kiwanis Foundation Of Rehoboth Beach Inc file IRS Form 990?
Yes, Kiwanis Foundation Of Rehoboth Beach Inc has 6 IRS Form 990 filings on record. The most recent covers tax period 201609.
What was Kiwanis Foundation Of Rehoboth Beach Inc's revenue in 2016?
In the 201609 filing period, Kiwanis Foundation Of Rehoboth Beach Inc reported total revenue of $12,263, total expenses of $105,595, and net assets of $14,475.
Is Kiwanis Foundation Of Rehoboth Beach Inc's revenue growing or declining?
Kiwanis Foundation Of Rehoboth Beach Inc's revenue is growing. Revenue went from $6,431 (201509) to $12,263 (201609), a +90.7% change. Based on 6 filings on record.
What is Kiwanis Foundation Of Rehoboth Beach Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Kiwanis Foundation Of Rehoboth Beach Inc covers tax period 201609. It shows revenue of $12,263, expenses of $105,595, total assets of $14,475, and liabilities of N/A.
Is Kiwanis Foundation Of Rehoboth Beach Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Kiwanis Foundation Of Rehoboth Beach Inc shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 2 strengths noted.
What are the red flags for Kiwanis Foundation Of Rehoboth Beach Inc?
The following concerns were identified: Zero reported program service expenses across all years, despite reporting revenue.. All expenses are categorized as administrative, raising questions about the organization's charitable activities.. Lack of detailed information on how funds are being used beyond administrative costs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Kiwanis Foundation Of Rehoboth Beach Inc's strengths?
Positive indicators for Kiwanis Foundation Of Rehoboth Beach Inc include: Consistent reporting of $0 executive compensation.. Stable asset base over the years.. These findings are derived from AI analysis of the organization's financial filings.
How does Kiwanis Foundation Of Rehoboth Beach Inc compensate executives?
Executive compensation is not a concern as the organization consistently reports $0 in compensation for all officers, directors, trustees, and key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given that all reported expenses are administrative and no program service expenses are listed, what are the actual charitable activities or services provided by the Kiwanis Foundation of Rehoboth Beach?
The filings do not provide details on specific charitable activities or services. All reported expenses are administrative, suggesting that the organization may primarily function as a holding entity or support other Kiwanis initiatives without direct program spending.
How does the Kiwanis Foundation of Rehoboth Beach fulfill its mission if 100% of its expenses are administrative and 0% are allocated to programs?
Based on the provided data, the organization does not directly fulfill its mission through program spending. It's possible it acts as a fundraising arm or endowment for other Kiwanis entities that then conduct the programmatic work, but this is not explicitly stated in the filings.
Filing History
IRS 990 filing history for Kiwanis Foundation Of Rehoboth Beach Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Kiwanis Foundation Of Rehoboth Beach Inc's revenue has declined by 8.6%, moving from $13K to $12K. Total assets decreased by 86.5% over the same period, from $107K to $14K. Total functional expenses rose by 358.1%, from $23K to $106K. In its most recent filing year (2016), Kiwanis Foundation Of Rehoboth Beach Inc reported a deficit of $93K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $12K | $106K | $14K | $0 | — | — |
| 2015 | $6K | $15K | $108K | $0 | — | View 990 |
| 2014 | $23K | $23K | $116K | $0 | — | View 990 |
| 2013 | $26K | $21K | $116K | $0 | — | View 990 |
| 2012 | $23K | $19K | $111K | $0 | — | View 990 |
| 2011 | $13K | $23K | $107K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $12K, expenses of $106K, and assets of $14K (revenue +90.7% year-over-year).
- 2015: Revenue of $6K, expenses of $15K, and assets of $108K (revenue -71.6% year-over-year).
- 2014: Revenue of $23K, expenses of $23K, and assets of $116K (revenue -12.3% year-over-year).
- 2013: Revenue of $26K, expenses of $21K, and assets of $116K (revenue +13.8% year-over-year).
- 2012: Revenue of $23K, expenses of $19K, and assets of $111K (revenue +69.0% year-over-year).
- 2011: Revenue of $13K, expenses of $23K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kiwanis Foundation Of Rehoboth Beach Inc:
Data Sources and Methodology
This transparency report for Kiwanis Foundation Of Rehoboth Beach 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.