RALEIGH KIWANIS FOUNDATION INC (EIN 566045235) - 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

1954

Legal Domicile

Principal Officer

BRIAN T BENNETT

Phone

9198369200

Tax Period

2023-01-01 to 2023-12-31

RALEIGH KIWANIS FOUNDATION INC, founded in 1954, is a micro nonprofit that reported $71K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $21K, a strong 29% operating margin.

Mission

RALEIGH KIWANIS FOUNDATION, INC. SUPPORTS CHILDREN THROUGH GRANTS TO ORGANIZATIONS THAT PROMOTE AND ADVANCE THE WELFARE OF CHILDREN AND YOUTH IN THE GREATER RALEIGH, NORTH CAROLINA COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $22,192

Program Service Revenue $0

Investment Income $42,066

Other Revenue $6,756

TOTAL REVENUE $71,014

Expense Breakdown

Grants Paid $45,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $45,000

Other Expenses $5,087

TOTAL EXPENSES $50,087

Year-over-Year Comparison

	2023	2022	Change
Revenue	$71,014	$59,421	+0.2%
Expenses	$50,087	$59,633	-0.2%
Net Income	$20,927	$-212	-99.7%

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
JUNE SMALL	PRESIDENT / BOARD MEMBER	2.00	Officer Director	$0	$0	$0
AMY FUNDERBURK	VICE PRESIDENT / DIRECTOR	1.00	Officer Director	$0	$0	$0
GEORGE RAMSAY	BOARD MEMBER	0.50	Director	$0	$0	$0
MARYTHREASE HARRELL	DIRECTOR	0.50	Director	$0	$0	$0
PHIL KIRK	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL MOORE	DIRECTOR	0.50	Director	$0	$0	$0
CHIP WINSTEAD	DIRECTOR	0.50	Director	$0	$0	$0
GWEN VASS	SECRETARY / DIRECTOR	1.00	Officer Director	$0	$0	$0
ROCKY STRICKLAND	DIRECTOR	0.50	Director	$0	$0	$0
BRIAN BENNETT	TREASURER	1.00	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
2024	No data	No data	No data	No data
2023	$71,014	$50,087	$1,018,073	$20,927

RALEIGH KIWANIS FOUNDATION INC