KIWANIS CLUB OF BLACK MOUNTAIN SWANNANOA FOUNDATION INC (EIN 561614271) - 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

1988

Legal Domicile

Principal Officer

Robert Gamrell

Phone

8286860807

Tax Period

2024-10-01 to 2025-09-30

KIWANIS CLUB OF BLACK MOUNTAIN SWANNANOA FOUNDATION INC, founded in 1988, is a small nonprofit that reported $172K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $238K exceeded revenue, resulting in a 38% operating deficit.

Mission

Youth, Community, and Needy

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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 (2024)

Revenue Breakdown

Contributions & Grants $170,462

Program Service Revenue $0

Investment Income $1,678

Other Revenue $0

TOTAL REVENUE $172,140

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $187,753

Other Expenses $238,011

TOTAL EXPENSES $238,011

Year-over-Year Comparison

	2024	2023	Change
Revenue	$172,140	$361,311	-0.5%
Expenses	$238,011	$268,056	-0.1%
Net Income	$-65,871	$93,255	-1.7%

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

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
Corise Gambell	Past President	2.00	Officer	$0	$0	$0
Lynn Deese	President	10.00	Officer	$0	$0	$0
Meredith Begley	Secretary/Treasurer	15.00	Officer	$0	$0	$0
Allen Crawford	Director	2.00	Director	$0	$0	$0
Margaret Fouse	Director	2.00	Director	$0	$0	$0
Thom Nolan	Director	2.00	Director	$0	$0	$0
Allison Quigley	Director	2.00	Director	$0	$0	$0
Carol McNally	Director	2.00	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	$172,140	$238,011	$713,453	$-65,871
2024	$361,311	$268,056	$793,101	$93,255
2023	$282,084	$236,939	$668,864	$45,145
2022	$190,058	$204,063	$614,566	$-14,005
2021	$87,736	$139,298	$610,862	$-51,562
2020	$162,097	$257,387	$640,050	$-95,290
2019	$234,190	$295,855	$731,963	$-61,665
2018	$262,912	$248,168	$795,114	$14,744

KIWANIS CLUB OF BLACK MOUNTAIN SWANNANOA FOUNDATION INC