REDMOND KIWANIS FOUNDATION INC (EIN 237359693) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

Michael Patrick

Phone

5415481735

Tax Period

2023-01-01 to 2023-12-31

REDMOND KIWANIS FOUNDATION INC, founded in 1974, is a micro nonprofit in the Community Improvement sector that reported $37K in total revenue in fiscal year 2023. The organization ran a surplus of $12K, a strong 32% operating margin.

Mission

Provide help as needed in the community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $22,133

Program Service Revenue $0

Investment Income $14,730

Other Revenue $0

TOTAL REVENUE $36,863

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,387

Other Expenses $25,239

TOTAL EXPENSES $25,239

Year-over-Year Comparison

	2023	2022	Change
Revenue	$36,863	$36,194	+0.0%
Expenses	$25,239	$19,696	+0.3%
Net Income	$11,624	$16,498	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Patrick	President	5.00	Officer	$0	$0	$0
Noah Von Borstel	Secretary	10.00	Officer	$0	$0	$0
Dan Tippy	Director	10.00	Officer	$0	$0	$0
Gary Ollerenshaw	Treasurer	2.00	Officer	$0	$0	$0
Don Lee	Director	2.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$36,863	$25,239	$723,535	$11,624
2022	$36,194	$19,696	$639,534	$16,498
2021	$113,957	$53,633	$690,844	$60,324
2020	No data	No data	$542,945	No data
2019	$38,079	$24,126	$542,945	$13,953

REDMOND KIWANIS FOUNDATION INC