Auburn Kiwanis Foundation EIN 68-0425549 Form 990 (PDF) Claim this org

Auburn Kiwanis Foundation

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Supports local charities and youth in Auburn, California through service and funding. For fiscal year 2024 it reported $354K in revenue, $58K in expenses, and $391K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Auburn, CA
Website
www.auburncakiwanis.org
Filings
4 on file (2021–2024)
Revenue
$354KFY2024
Expenses
$58K
Net assets
$391K
People
8
Filings
4
Updates
0
More identity details & actions ⌄
EIN  68-0425549 Public charity (501(c)(3)) Auburn, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports local charities and youth in Auburn, California through service and funding.
Leadership
Bob Achilles · Past Pres
Money in and out
$354K revenue, $58K expenses
Bottom line
91% program efficiency
Where the money goes · FY2024
Total revenue
$354K
Pt VIII · Ln 12
Total expenses
$58K
Pt IX · Ln 25
Net assets
$391K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $296K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs
Operating runway
81.5mo
months of highly liquid reserves at operating expense rate▲ +221% vs prior filing year
Surplus margin
+84%
revenue over expenses, this year▲ +428% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$354K
FY2024▲ +558%
Total revenue
$354K
Pt VIII · Ln 12
Total expenses
$58K
Pt IX · Ln 25
Net assets
$391K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$296K
Total assetsPt X · Ln 16$392K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $51K of program spending, described in the organization's own filed words · FY2023.
01

Student Scholarships and Awards

the Foundation donated several $2,000 scholarships to local high school graduates and also scholarships for foster kids attending the local community college.

$28Kprogram expense
02

The foundation supports many community based projects and organizations through cash donations and community projects; some of the larger expenditures benefitted the youth of the nearby communities such as; Christmas for Kids, Good Student Program, Grad Nights,Dictionary Project,and the Auburn Education Foundation.

$18Kprogram expense
03

Provide funding and food for various food closet and shelters for the needy.

$4Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAuburn Kiwanis Foundation
EINHdr · item D68-0425549
Principal addressHdr · item CAuburn, CA
WebsiteHdr · item Jwww.auburncakiwanis.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S82)
Ruling yearIRS BMFAug 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Past Pres
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$300K · 85%
Other revenue$45K · 13%
Investment income$9K · 3%
Contributions & grants85%$300K
Other revenue13%$45K
Investment income3%$9K
Total revenueLn 12$354K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$53K
Management & general9%$5K
Total functional expensesLn 25$58K

Balance Sheet

Part X · end of year
CashLn 1$392K
Total assetsLn 16$392K
Total liabilitiesLn 26$1K
Total net assetsLn 32$391K
Months of cash on handcomputed81.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $392K · Operating expenses/yr $58K
81.5 months
Where the money goes
Program services
Program services $53K · Total expenses $58K
91%
Management & General
Management & general $5K · Total expenses $58K
9%
Fundraising
Fundraising $0 · Total expenses $58K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $300K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $300K · Total revenue $354K
85%
Government reliance
Government grants — · Total revenue $354K
Earned-income share
Program service revenue $0 · Total revenue $354K
0%
Investment reliance
Investment income $9K · Total revenue $354K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $58K
0%
Growth & trend
Revenue growth (YoY)
This year $354K · Prior year $54K
+558%
Net-asset trend (YoY)
End of year $391K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $354K · Expenses $58K
+84%
Liabilities-to-Assets
Total liabilities — · Total assets $392K
Net-asset ratio
Net assets $391K · Total assets $392K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $392K
0%
People & payroll
Highest Reported Total Compensation
Individual Bob Achilles · Reported title Past Pres · Highest reported compensation $0 · Total expenses $58K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $58K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0%
Revenue growth 558%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $28K · 2023–2023
Unitemized GrantFY2023$28,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$354K revenue · viewing · ⤓ 990 PDF
FY2023$54K revenue · ⤓ 990 PDF
FY2022$65K revenue · ⤓ 990 PDF
FY2021$52K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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