KIWANIS OF LITTLE HAVANA FOUNDATION INC

EIN: 650093807 501(c)(3) Community Improvement

MIAMI, FL

Total Revenue
$319,081
Total Expenses
$371,554
Total Assets
$586,034
Net Assets
$466,142
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
FL
Principal Officer
FRANK GONZALEZ
Phone
3056448888
Tax Period
2023-10-01 to 2024-09-30

KIWANIS OF LITTLE HAVANA FOUNDATION INC, founded in 1987, is a small nonprofit in the Community Improvement sector that reported $319K in total revenue in fiscal year 2023. Expenses of $372K exceeded revenue, resulting in a 16% operating deficit.

Mission

PROVIDING SCHOLARSHIPS FOR COLLEGE EDUCATION AND ASSISTANCE TO THE SURROUNDING UNDERSERVED HISPANIC COMMUNITY, INCLUDING SCHOLARSHIPS, BACK-TO-SCHOOL SUPPLIES DISTRIBUTIONS, AND ANNUAL SPORTS LEAGUES.

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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 $449,993
Program Service Revenue $0
Investment Income $24,441
Other Revenue $-155,353
TOTAL REVENUE $319,081

Expense Breakdown

Grants Paid $95,000
Salaries & Benefits $97,277
Fundraising Expenses $120
Program Expenses $164,892
Other Expenses $179,277
TOTAL EXPENSES $371,554

Year-over-Year Comparison

2023 2022 Change
Revenue $319,081 $323,191 0.0%
Expenses $371,554 $320,219 +0.2%
Net Income $-52,473 $2,972 -18.7%
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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Governance

Voting Members
14
Independent Members
14
Employees
2
Volunteers
150

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
7
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAY RODRIGUEZ BOARD OF TRUSTEES MEMBER 5.00
Director
$0 $0 $0
CARLOS HALLEY BOARD OF TRUSTEES MEMBER 5.00
Director
$0 $0 $0
MANUEL A CUERVO BOARD OF TRUSTEES MEMBER 5.00
Director
$0 $0 $0
PEDRO MENENDEZ BOARD OF TRUSTEES MEMBER 5.00
Director
$0 $0 $0
EUGENIO HERNANDEZ BOARD OF TRUSTEES MEMBER 5.00
Director
$0 $0 $0
HENRY JIMENEZ BOARD OF TRUSTEES MEMBER 5.00
Director
$0 $0 $0
ROSS JIMENEZ BOARD OF TRUSTEES MEMBER 5.00
Director
$0 $0 $0
ERNERSTO PORTUONDO CHAIRMAN 5.00
Officer
$0 $0 $0
RAYMOND SARDINA FIRST VICE CHAIRMAN 5.00
Officer
$0 $0 $0
RICARDO GONZALEZ SECOND VICE CHAIRMAN 5.00
Officer
$0 $0 $0
ABRAHAM MARTINEZ SECRETARY 5.00
Officer
$0 $0 $0
ANTONIO LORENZO ASSISTANT SECRETARY 5.00
Officer
$0 $0 $0
FRANK GONZALEZ TREASURER 5.00
Officer
$0 $0 $0
DAVID GIL ASSISTANT TREASURER 5.00
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 $319,081 $371,554 $586,034 $-52,473
2020 $312,027 $292,361 $983,640 $19,666
2019 $310,851 $307,022 $807,493 $3,829
2018 $420,991 $323,216 $787,067 $97,775
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