Kiwanis Club of Gadsden Foundation Inc

EIN: 471568301 501(c)(3) Community Improvement

Gadsden, AL

Total Revenue
$45,710
Total Expenses
$32,505
Total Assets
$175,333
Net Assets
$175,333
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
AL
Principal Officer
Chris Griffith
Phone
2565460473
Tax Period
2024-10-01 to 2025-09-30

Kiwanis Club of Gadsden Foundation Inc, founded in 2014, is a micro nonprofit in the Community Improvement sector that reported $46K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13K, a strong 29% operating margin.

Mission

To engage in, support, foster, promote, encourage and expend funds in support of the objectives of the Kiwanis Club and their sponsored youth organizations and their related activities.

Program Service Accomplishments

Program 1
Expenses: $32,199

To engage in, support, foster, promote, encourage and expend funds in support of the objectives of the Kiwanis Club and their sponsored youth organizations and their related activities. Specifically...

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To engage in, support, foster, promote, encourage and expend funds in support of the objectives of the Kiwanis Club and their sponsored youth organizations and their related activities. Specifically, we were able to provide financial assistance to local non profit organizations, provided academic scholarships to local deserving high school students, organization and management of Christmas parade for local children, financial support for holiday gifts to indigent children.

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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 (2024)

Revenue Breakdown

Contributions & Grants $37,463
Program Service Revenue $0
Investment Income $8,247
Other Revenue $0
TOTAL REVENUE $45,710

Expense Breakdown

Grants Paid $29,910
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $32,199
Other Expenses $2,595
TOTAL EXPENSES $32,505

Year-over-Year Comparison

2024 2023 Change
Revenue $45,710 $36,239 +0.3%
Expenses $32,505 $27,269 +0.2%
Net Income $13,205 $8,970 +0.5%
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
5
Independent Members
5
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gil Isbell Director 1.00
Director
$0 $0 $0
Misty Ledbetter Director 1.00
Director
$0 $0 $0
Michael Chandler Pesident 1.00
Officer Director
$0 $0 $0
Chris Griffith Director 1.00
Officer Director
$0 $0 $0
James Sewell SecretaryTreasurer 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
2025 $45,710 $32,505 $175,333 $13,205
2024 $36,239 $27,269 $164,317 $8,970
2023 $37,814 $35,393 $143,433 $2,421
2022 $42,375 $26,409 $137,385 $15,966
2021 $26,879 $24,479 $146,496 $2,400
2020 $53,196 $38,262 $128,562 $14,934
2018 $59,824 $66,777 $98,476 $-6,953
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