Kiwanis Club of Long Beach Foundation Inc

EIN: 330363069 501(c)(3) Community Improvement

Long Beach, CA

Total Revenue
$52,574
Total Expenses
$65,853
Total Assets
$702,794
Net Assets
$702,694
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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
CA
Principal Officer
Beth Budai Roach
Phone
5625066286
Tax Period
2023-10-01 to 2024-09-30

Kiwanis Club of Long Beach Foundation Inc, founded in 1958, is a micro nonprofit in the Community Improvement sector that reported $53K in total revenue in fiscal year 2023. Expenses of $66K exceeded revenue, resulting in a 25% operating deficit.

Mission

Our mission is simple, to support and serve Long Beach, one child and one community at a time. The Kiwanis Club of Long Beach, founded in 1919, has always maintained a strong and respected leadership within the city. Members are small business owners, representatives of corporations, non-profit leaders, educators, individuals, retirees, moms, dads and anyone with a spirit of altruism and a desire to help make the community a better place by improving the lives of children and youth.Through hands-on service projects and financial grants, the Kiwanis Club of Long Beach strives to enrich the lives of our community children. Through many partnerships with organizations who also focus on service projects, we support families in need, the physically challenged, school youth programs and more. Kiwanis provides mentor programs and career enrichment to high school Kiwanis Key Clubs and the California State University Long Beach Circle K Club college programs that teach service and leadership sk

Program Service Accomplishments

Program 1
Expenses: $58,709 Revenue: $29,323

OTHER PROGRAM SERVICES EXPENSES - These expenses are not a part of any particular Program Services Accomplishments but must be reported here to agree with the amount reported on Form 990, Part IX...

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OTHER PROGRAM SERVICES EXPENSES - These expenses are not a part of any particular Program Services Accomplishments but must be reported here to agree with the amount reported on Form 990, Part IX, Column B, Line 25: Conferences & Conventions $10,855 Payments to Affiliates (Kiwanis Club of Long Beach lunches) 990 Awards and Recognitions 128 PayPal Fees (specifically related to contributions) 21 Special Projects Expenses 27,189 Scholarships Reported on Form 990, Part IX, Column B, Line 1 3,000 Scholarships Reported on Form 990, Part IX, Column B, Line 2 6,000 CalNevHa Foundation Children's Fund Support 300 VA Support of Their Ongoing Social Events for Veterans 444 Other Program Services Accomplishments 3,173 ------- Total Additional Program Services Expenses $52,100 =======EXPENSES $52,100 GRANTS $19,374 REVENUES $29,323

Program 2

CIRCLE K We proudly support the Circle K International club (a Kiwanis International subsidiary) at California State University Long Beach. Circle K is a collegiate community service organization...

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CIRCLE K We proudly support the Circle K International club (a Kiwanis International subsidiary) at California State University Long Beach. Circle K is a collegiate community service organization comprised of college students wishing to improve their local communities and beyond through service, leadership and fellowship. Our support includes mentoring, chaperoning and financial support.EXPENSES $2,770 GRANTS $0 REVENUES $0

Program 3

KEY CLUB:DCON - We proudly support eight Key Clubs (Kiwanis International subsidiaries) in Long Beach. Key Clubs are high school community service organizations comprised of high school students...

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KEY CLUB:DCON - We proudly support eight Key Clubs (Kiwanis International subsidiaries) in Long Beach. Key Clubs are high school community service organizations comprised of high school students wishing to improve their local communities and beyond through service, leadership and fellowship. Our support includes mentoring, chaperoning and financial support to attend district conventions.EXPENSES $2,815 GRANTS $0 REVENUES $2,610

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $29,323
Program Service Revenue $0
Investment Income $23,248
Other Revenue $3
TOTAL REVENUE $52,574

Expense Breakdown

Grants Paid $19,374
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $58,709
Other Expenses $46,479
TOTAL EXPENSES $65,853

Year-over-Year Comparison

2023 2022 Change
Revenue $52,574 $49,617 +0.1%
Expenses $65,853 $53,019 +0.2%
Net Income $-13,279 $-3,402 +2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
12
Employees
N/A
Volunteers
35

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
8
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sue Baker Secretary 5.00
Officer Director
$0 $0 $0
Pat Brown Director 5.00
Director
$0 $0 $0
Don Budai VPCommunication 5.00
Officer Director
$0 $0 $0
Manuel Campos Director 5.00
Director
$0 $0 $0
Pamela Dingwell Treasurer 8.00
Officer Director
$0 $0 $0
Michael Legaspi VP Membership 5.00
Officer Director
$0 $0 $0
Sun Sun Lin VP Service 8.00
Officer Director
$0 $0 $0
Pat Paris Director 5.00
Director
$0 $0 $0
Rick Pinson Director 5.00
Director
$0 $0 $0
Beth Budai Roach President 5.00
Officer Director
$0 $0 $0
Robert Stewart VP Committees 5.00
Officer Director
$0 $0 $0
Andrea Sulsona Asst Secretary 5.00
Officer Director
$0 $0 $0
Rene Tate Director 5.00
Director
$0 $0 $0
Megan Wheeler Director 5.00
Director
$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
2025 No data No data No data No data
2024 $52,574 $65,853 $702,794 $-13,279
2023 $49,617 $53,019 $587,232 $-3,402
2022 $74,812 $85,162 $539,383 $-10,350
2021 $54,928 $30,833 $543,040 $24,095
2020 $38,696 $82,320 $518,945 $-43,624
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