KIWANIS CLUB OF ANACORTES WA FOUNDATION

EIN: 911496907 501(c)(3) Philanthropy & Grantmaking

Anacortes, WA

Total Revenue
$327,924
Total Expenses
$237,829
Total Assets
$558,461
Net Assets
$558,461
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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
WA
Principal Officer
Douglas Erlandson
Phone
3602932921
Tax Period
2023-10-01 to 2024-09-30

KIWANIS CLUB OF ANACORTES WA FOUNDATION, founded in 1990, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $328K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $90K, a strong 27% operating margin.

Mission

The Kiwanis Club of Anacortes, WA Foundation's mission is to support the mission and values of Kiwanis International both internationally and in the local community via direct spending, charitable giving through qualifying organizations and through volunteer community service activities.

Program Service Accomplishments

Program 1
Expenses: $128,673 Revenue: $0

Community Service - The Foundation provides resources in the form of cash grants and volunteer hours to support a wide variety of educational, recreational, cultural, human service and charitable...

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Community Service - The Foundation provides resources in the form of cash grants and volunteer hours to support a wide variety of educational, recreational, cultural, human service and charitable endeavors on Fidalgo Island. Example of recipient groups are the Anacortes Parks Foundation, Island Health Foundation and the Anacortes Schools Foundation. In partnership with the Salvation Army and Anacortes Family Center, our Foundation offers a needs-based voucher program where qualifying families my receive shopping vouchers they may use toward the cost of merchandise purchased in our Foundation's thrift shop. Thirty three grants ranging from $253 to $27,669 were awarded this year

Program 2
Expenses: $62,340 Revenue: $0

Scholarships - The foundation awards scholarship funds to graduating seniors of the Anacortes School District who will pursue post high school academic and technical studies. Scholarships are also...

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Scholarships - The foundation awards scholarship funds to graduating seniors of the Anacortes School District who will pursue post high school academic and technical studies. Scholarships are also awarded to district graduates to continue post high school education and training. Scholarships are granted based on objective criteria such as academic excellence and financial need without regard to race, ethnicity, gender, gender identity or religious affiliation. This year 25 students received scholarships.

Program 3
Expenses: $20,923 Revenue: $0

Kiwanis Service Leadership Programs - Our Foundation provides volunteer advisors to Kiwanis International affiliated service leadership club; Key Club for High school students, Builders Club at the...

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Kiwanis Service Leadership Programs - Our Foundation provides volunteer advisors to Kiwanis International affiliated service leadership club; Key Club for High school students, Builders Club at the middle school and KKids for grade schoolers. The foundation also gives financial support by paying operating expenses incurred by the clubs. The club activities provide community service opportunities to their members as well as the opportunity to develop leadership skills in a community service setting.

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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 $93,894
Program Service Revenue $0
Investment Income $4,261
Other Revenue $229,769
TOTAL REVENUE $327,924

Expense Breakdown

Grants Paid $203,147
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $227,936
Other Expenses $34,682
TOTAL EXPENSES $237,829

Year-over-Year Comparison

2023 2022 Change
Revenue $327,924 $227,363 +0.4%
Expenses $237,829 $171,917 +0.4%
Net Income $90,095 $55,446 +0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
94

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
6
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Campbell Donald Secretary 6
Officer Director
$0 $0 $0
Clay Albert Immediate Past President 6
Officer Director
$0 $0 $0
Dyer Patricia Director 4
Director
$0 $0 $0
Erlandson Douglas President 6
Officer Director
$0 $0 $0
Flagg Claude Director 4
Director
$0 $0 $0
Hughlock Kathleen Treasurer 6
Officer Director
$0 $0 $0
Litzinger Sheila President Elect 6
Officer Director
$0 $0 $0
McMichael Beth Director 4
Director
$0 $0 $0
Murphy Michael Director 4
Director
$0 $0 $0
Owens Douglas Director 4
Director
$0 $0 $0
Pinson Ronald Vice President 6
Officer Director
$0 $0 $0
Pope John President Elect 6
Director
$0 $0 $0
Zimmerman Dale Director 4
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
2024 $327,924 $237,829 $558,461 $90,095
2023 $227,363 $171,917 $489,484 $55,446
2022 $184,488 $174,680 $356,747 $9,808
2019 $232,502 $215,020 $415,663 $17,482
2018 $474,412 $461,862 $400,073 $12,550
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