Overview
What is Cape Coral Kiwanis Foundation Inc?
Cape Coral Kiwanis Foundation Inc, located in Cape Coral, Florida, is a nonprofit organization with a mission to impact change in the world, focusing on individual children and communities. They showcase their commitment by providing scholarships to local students who embody determination, altruism, and a hopeful outlook, aligning with the Kiwanis mission. With a small team of four dedicated individuals, this foundation is actively working towards its goal of making a difference.
Official website here: www.capecoralkiwanis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Cape Coral Kiwanis Foundation Inc has received a two-star rating from Charity Navigator, indicating a moderate level of accountability and financial management. The organization demonstrates strength in its governance, with a fully independent board and no reported material diversion of assets. However, it lacks transparency in certain areas, such as financial statements and essential policies like whistleblower and document retention.
In terms of financial management, the foundation shows a strong program expense ratio of 90.34%, which suggests that a significant portion of its resources is directed towards its programs. The liabilities to assets ratio is also favorable at 0.57%, indicating a solid financial structure. Nevertheless, the absence of certain documentation on its website raises concerns about its commitment to transparency and best practices.
Overall, while the Cape Coral Kiwanis Foundation Inc exhibits strengths in program delivery and governance, its limited financial reporting and missing policies could hinder its ability to gain trust from potential donors and stakeholders. Continued efforts to enhance transparency and accountability will be crucial for improving its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Cape Coral Kiwanis Foundation Inc legitimate?
Cape Coral Kiwanis Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cape Coral Kiwanis Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,322
For more financial information, click here
Official website here: www.capecoralkiwanis.org
What is the mission statement of Cape Coral Kiwanis Foundation Inc?
The Cape Coral Kiwanis Foundation is an organization committed to making a positive impact, one child and one community at a time. Their mission is centered around providing scholarships to deserving students who exemplify determination, altruism, and a hopeful outlook for the future, aligning with the broader Kiwanis mission. The foundation aims to contribute to the betterment of society by nurturing future leaders and fostering a sense of community engagement and compassion.
Official website here: www.capecoralkiwanis.org
Who is the CEO of Cape Coral Kiwanis Foundation Inc?
Marilyn Stout is the Director of Cape Coral Kiwanis Foundation Inc.
Official website here: www.capecoralkiwanis.org
What is the revenue of Cape Coral Kiwanis Foundation Inc?
Cape Coral Kiwanis Foundation Inc's revenue in 2022 was $747,842.
Official website here: www.capecoralkiwanis.org
Who are the executives of Cape Coral Kiwanis Foundation Inc and what are their salaries?
The average compensation at Cape Coral Kiwanis Foundation Inc during 2022 was $21,330. There are 4 employees and 125 volunteers at Cape Coral Kiwanis Foundation Inc.
Here are 8 key members and their salaries:
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Official website here: www.capecoralkiwanis.org
Where can I find the form 990 for Cape Coral Kiwanis Foundation Inc?
Cape Coral Kiwanis Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capecoralkiwanis.org
Learn more at the official website: www.capecoralkiwanis.org
Mission Statement of Cape Coral Kiwanis Foundation Inc
Cape Coral Kiwanis Foundation, a committed organization, aims to transform the world by making a positive impact on one child and one community at a time. Their mission is centered around empowering children and communities, embodying the spirit of determination, altruism, and hope for a brighter future in line with Kiwanis' broader objectives. The foundation achieves this by providing scholarships to deserving students from Cape Coral, recognizing their potential and supporting their aspirations. In doing so, the Cape Coral Kiwanis Foundation contributes to the betterment of society, one individual at a time, fostering a sense of hope and opportunity for future generations.
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Impact
October, 2024
Cape Coral Kiwanis Foundation Inc makes a significant impact by providing scholarships to local students who exhibit determination, altruism, and hope for the future. This support empowers young individuals in Cape Coral, helping them pursue their educational goals and fostering a spirit of community involvement. Through its initiatives, the foundation is committed to transforming lives and strengthening the community, one child at a time, aligning closely with its mission to create positive change in the world. By investing in the future leaders of the community, the foundation not only enhances educational opportunities but also promotes a culture of generosity and caring within the region.
This information is meant to be a general summary of Cape Coral Kiwanis Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $53,559
- Gross Receipts: $960,442
Assets and Liabilities:
- Total Assets: $4,088,019
- Total Liabilities: $23,983
- Net Assets: $4,064,036
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Organization Details
Founding Year
1963
Phone
(330) 704-9715Principal Officer
Marilyn Stout
Main Address
PO BOX 100006, CAPE CORAL, FL, 339100006
Website
www.capecoralkiwanis.orgNTEE Category
Code: T22Z - Philanthropy
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