KIWANIS CLUB #1 FOUNDATION OF DETROIT I

EIN: 386056212 501(c)(3) Community Improvement

DETROIT, MI

Total Revenue
$68,981
Total Expenses
$60,030
Total Assets
$1,990,923
Net Assets
$1,990,923
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MI
Principal Officer
JOSEPH LENTINE SR
Phone
2486464426
Tax Period
2023-01-01 to 2023-12-31

KIWANIS CLUB #1 FOUNDATION OF DETROIT I, founded in 2000, is a micro nonprofit in the Community Improvement sector that reported $69K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $60K left a modest 13% surplus.

Mission

THE KIWANIS CLUB #1 FOUNDATION OF DETROIT, INC. PROVIDES FUNDS TO THE KIWANIS CLUB OF DETROIT NO. 1, THE MICHIGAN DISTRICT OF KIWANIS AND KIWANIS INTERNATIONAL TO SERVE THE NEEDS OF YOUTH AND THE COMMUNITY, WITH SPECIAL EMPHASIS ON THE CITY OF DETROIT.

Program Service Accomplishments

Program 1
Expenses: $21,000

FUNDS WERE DISTRIBUTED TO VARIOUS CHARITABLE ORGANIZATIONS WHICH PROVIDE OR SUPPORT EDUCATIONAL AND CHARITABLE PURPOSES. SUCH PROGRAMS INCLUDE BOOKS FOR KIDS, SALVATION ARMY DETROIT CORPS, CHILDREN'S...

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FUNDS WERE DISTRIBUTED TO VARIOUS CHARITABLE ORGANIZATIONS WHICH PROVIDE OR SUPPORT EDUCATIONAL AND CHARITABLE PURPOSES. SUCH PROGRAMS INCLUDE BOOKS FOR KIDS, SALVATION ARMY DETROIT CORPS, CHILDREN'S HOSPITAL OF MICHIGAN, KIWANIS OF MICHIGAN FOUNDATION AND THE ANNUAL CHRISTMAS GIFT WRAPPING PROGRAM. FUNDS WERE ALSO DISTRIBUTED TO SPONSOR SPECIAL NEEDS CAMPS FOR THE SUMMER INCLUDING ORGANIZATIONS SUCH AS SALVATION ARMY, GIRL SCOUTS, CAMP MAKE-A-DREAM, THE YMCA, AND ELEMENTARY, HIGH SCHOOL AND COLLEGE CLUBS OR ORGANIZATIONS.

Program 2
Expenses: $30,150

TOTAL OF AMOUNTS < OR = TO $5,000 THAT WERE DISTRIBUTED TO VARIOUS CHARITABLE ORGANIZATIONS AND CAMPERSHIP PROGRAMS.

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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 $0
Program Service Revenue $0
Investment Income $68,981
Other Revenue $0
TOTAL REVENUE $68,981

Expense Breakdown

Grants Paid $51,150
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $51,150
Other Expenses $8,880
TOTAL EXPENSES $60,030

Year-over-Year Comparison

2023 2022 Change
Revenue $68,981 $95,859 -0.3%
Expenses $60,030 $83,288 -0.3%
Net Income $8,951 $12,571 -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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUCAS L WRIGHT SECRETARY/TREASURER 0.00
Officer Director
$0 $0 $0
JOHN P RAY TRUSTEE 0.00
Officer Director
$0 $0 $0
ERIC SABREE TRUSTEE 0.00
Officer Director
$0 $0 $0
JOSEPH LENTINE SR PRESIDENT 0.00
Officer Director
$0 $0 $0
KRISTINE B MIRANNE DIRECTOR 0.00
Director
$0 $0 $0
SHEILA CONNOLLY DIRECTOR 0.00
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 No data No data No data No data
2023 $68,981 $60,030 $1,990,923 $8,951
2022 $95,859 $83,288 $1,902,530 $12,571
2021 $102,637 $81,929 $2,124,499 $20,708
2020 $61,636 $49,085 $1,908,074 $12,551
2019 $88,685 $60,805 $1,886,955 $27,880
2018 $93,192 $54,595 $1,656,720 $38,597
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