SAN DIEGO KIWANIS CLUB FOUNDATION INC

EIN: 956079626 501(c)(3) Community Improvement

SAN DIEGO, CA

Total Revenue
$283,520
Total Expenses
$371,683
Total Assets
$6,302,989
Net Assets
$6,302,989
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
CA
Principal Officer
GORDON BOERNER
Phone
6193249853
Tax Period
2023-10-01 to 2024-09-30

SAN DIEGO KIWANIS CLUB FOUNDATION INC, founded in 1953, is a small nonprofit in the Community Improvement sector that reported $284K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $372K exceeded revenue, resulting in a 31% operating deficit.

Mission

TO RAISE FUNDS TO SUPPORT THE YOUTH OF THE COMMUNITY AND FUND THIS AND OTHER CHARITABLE ACTIVITIES OF THE KIWANIS CLUB OF SAN DIEGO.

Program Service Accomplishments

Program 1
Expenses: $119,997

COLLEGE SCHOLARSHIPS: THE FOUNDATION PROVIDES SCHOLARSHIPS TO FULL TIME STUDENTS ATTENDING FOUR YEAR UNIVERSITIES IN SAN DIEGO COUNTY.

Program 2
Expenses: $117,796

GENERAL YOUTH SERVING PROGRAMS: THE FOUNDATION PAID GRANTS FOR YOUTH AND FAMILY FOCUSED HEALTH, ENRICHMENT, AND WELFARE PROJECTS FROM MULTIPLE 501(C)3 ORGANIZATIONS INCLUDING: THE RONALD MCDONALD...

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GENERAL YOUTH SERVING PROGRAMS: THE FOUNDATION PAID GRANTS FOR YOUTH AND FAMILY FOCUSED HEALTH, ENRICHMENT, AND WELFARE PROJECTS FROM MULTIPLE 501(C)3 ORGANIZATIONS INCLUDING: THE RONALD MCDONALD HOUSE, SALVATION ARMY, SAN DIEGO BURN INSTITUTE (BURN CAMP), CAL-NEV-HA CHILDREN'S FUND, I LOVE CLEAN SAN DIEGO, ASSISTANCE LEAGUE OF GREATER SAN DIEGO, JUST IN TIME FOR FOSTER YOUTH, KI- CHILDREN'S FUND, DAY, SAN DIEGO BOWL GAME ASSOCIATION, VOICES FOR CHILDREN, FOUNDATION FOR THE CHILDREN OF THE CALIFORNIAS, SURVIVORS OF SUICIDE LOSS, PROJECT UPLIFT, SAN DIEGO CHILDREN'S DISCOVERY MUSEUM, AND ST. AUGUSTINE HIGH SCHOOL.

Program 3
Expenses: $60,725

YOUTH LEADERSHIP AND MENTORING PROGRAMS: THE FOUNDATION PAID GRANTS TO LEADERSHIP AND MENTORING PROGRAMS FROM MULTIPLE ORGANIZATIONS INCLUDING: LAURELS FOR LEADERS, SAN DIEGO EDUCATION FUND (FOR SAN...

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YOUTH LEADERSHIP AND MENTORING PROGRAMS: THE FOUNDATION PAID GRANTS TO LEADERSHIP AND MENTORING PROGRAMS FROM MULTIPLE ORGANIZATIONS INCLUDING: LAURELS FOR LEADERS, SAN DIEGO EDUCATION FUND (FOR SAN DIEGO CITY ELEMENTARY SCHOOL COUNSELING PROGRAMS), AND STARPAL.

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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 $20,230
Program Service Revenue $0
Investment Income $263,290
Other Revenue $0
TOTAL REVENUE $283,520

Expense Breakdown

Grants Paid $277,529
Salaries & Benefits $0
Fundraising Expenses $32
Program Expenses $298,518
Other Expenses $94,154
TOTAL EXPENSES $371,683

Year-over-Year Comparison

2023 2022 Change
Revenue $283,520 $529,183 -0.5%
Expenses $371,683 $373,532 0.0%
Net Income $-88,163 $155,651 -1.6%
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

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Governance

Voting Members
9
Independent Members
9
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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID JAY PRESIDENT 1.00
Director
$0 $0 $0
SUSAN DAY IMMEDIATE PAST PRESIDENT 1.00
Director
$0 $0 $0
GORDON BOERNER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CLAIRE LEBEAU SECRETARY 1.00
Director
$0 $0 $0
DOUGLAS FROST TREASURER & CFO 1.00
Officer Director
$0 $0 $0
MICHAEL BOLAND KIWANIS CLUB PRESIDENT 1.00
Director
$0 $0 $0
CLAIRE LEBEAU TRUSTEE 1.00
Officer Director
$0 $0 $0
JAY JEFFCOAT TRUSTEE 1.00
Director
$0 $0 $0
CARL NETTLETON TRUSTEE 1.00
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
2024 $283,520 $371,683 $6,302,989 $-88,163
2023 $529,183 $373,532 $5,515,298 $155,651
2022 $321,794 $347,383 $5,223,260 $-25,589
2021 $311,756 $340,834 $6,367,986 $-29,078
2020 $258,299 $443,547 $5,564,979 $-185,248
2019 $583,701 $341,070 $5,643,235 $242,631
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