KIWANIS INTERNATIONAL FOUNDATION

EIN: 366072039 501(c)(3) Philanthropy & Grantmaking

INDIANAPOLIS, IN

Total Revenue
$3,795,428
Total Expenses
$3,490,484
Total Assets
$19,967,672
Net Assets
$19,572,505
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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
1939
Legal Domicile
IN
Phone
3178758755
Tax Period
2023-10-01 to 2024-09-30

KIWANIS INTERNATIONAL FOUNDATION, founded in 1939, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.8M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $3.5M left a modest 8% surplus.

Mission

TO ASSIST CHILDREN AND COMMUNITIES IN NEED AROUND THE WORLD WHERE KIWANIS FAMILY CLUBS EXIST OR SERVE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,608,570
Program Service Revenue $13,610
Investment Income $1,173,248
Other Revenue $0
TOTAL REVENUE $3,795,428

Expense Breakdown

Grants Paid $1,269,978
Salaries & Benefits $937,386
Fundraising Expenses $1,383,673
Program Expenses $1,509,580
Other Expenses $1,283,120
TOTAL EXPENSES $3,490,484

Year-over-Year Comparison

2023 2022 Change
Revenue $3,795,428 $3,077,341 +0.2%
Expenses $3,490,484 $3,781,522 -0.1%
Net Income $304,944 $-704,181 -1.4%
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

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Governance

Voting Members
12
Independent Members
12
Employees
10
Volunteers
161716

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
6
$388,624
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY ZIMMERMAN PRESIDENT 7.0
Officer Director
$0 $0 $0
FILIP DELANOTE IMMEDIATE PAST PRESIDENT 7.0
Officer Director
$0 $0 $0
LENORA HANNA VICE PRESIDENT 7.0
Officer Director
$0 $0 $0
ROBERT MAXWELL PRESIDENT - ELECT 7.0
Officer Director
$0 $0 $0
BABU KRISHNA KARKI TRUSTEE 7.0
Director
$0 $0 $0
BERT WEST III TRUSTEE 7.0
Director
$0 $0 $0
BRENDA LEIGH JOHNSON TRUSTEE 7.0
Director
$0 $0 $0
FRANCESCO VALENTI TRUSTEE 7.0
Director
$0 $0 $0
KOJI YOSHIDA TRUSTEE 7.0
Director
$0 $0 $0
MICHAEL MULHAUL TRUSTEE 7.0
Director
$0 $0 $0
RICHARD POULTON TRUSTEE 7.0
Director
$0 $0 $0
ROBERT GARRETSON TRUSTEE 7.0
Director
$0 $0 $0
PAUL PALAZZOLO EXECUTIVE DIRECTOR (Effective 02/01/24) 7.0
Officer
$9,568 $18,209 $72,882
STAN D SODERSTROM EXECUTIVE DIRECTOR (END 01/31/24) 7.0
Officer
$50,097 $29,473 $315,742
ELIZABETH WARREN DIRECTOR OF PROGRAMS AND PARTNERSHIPS 20.0
Highest
$60,006 $22,324 $142,336
MICHAEL MALIK DIRECTOR OF DEVELOPMENT 40.0
Highest
$112,301 $22,014 $134,315
PAMELA NORMAN CHIEF PHILANTHROPY OFFICER (END 02/10/23) 20.0
$87,338 $23,680 $198,356
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 $3,795,428 $3,490,484 $19,967,672 $304,944
2023 $3,077,341 $3,781,522 $17,031,380 $-704,181
2022 $3,820,739 $4,445,743 $16,645,908 $-625,004
2021 $5,669,028 $3,467,572 $21,834,740 $2,201,456
2020 $3,595,306 $4,638,272 $18,583,899 $-1,042,966
2019 $4,001,140 $6,168,927 $25,974,655 $-2,167,787
2018 $4,053,167 $6,692,113 $32,658,729 $-2,638,946
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