Overview
What is Fort Myers Beach Kiwanis Club Foundation Inc?
Fort Myers Beach Kiwanis Club Foundation Inc is a charitable organization situated in Fort Myers Beach, Florida. With a strong commitment to bettering the world, particularly its youth and local communities, they serve as a part of the global Kiwanis network. Their activities include sponsoring youth sports teams, such as Little League and Soccer, contributing to the community school, providing financial aid in the form of scholarships to local students, and offering support to the local Children's Hospital. Furthermore, they extend their help to families in need, demonstrating their dedication to improving the lives of their community members.
Official website here: www.fortmyersbeachkiwanis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 29%
The Fort Myers Beach Kiwanis Club Foundation Inc has received a notably low score of 29%, resulting in a Zero-Star out of Four Star rating. This rating reflects significant concerns regarding the organization's financial accountability and transparency practices, notably indicated by the absence of financial statements and missing key policies like conflict of interest and whistleblower protections.
Despite having a board comprised entirely of independent members, which is a positive aspect, the lack of proper financial documentation and procedures raises serious questions about the organization’s governance. They achieved full points for the independence of the board and the existence of meeting minutes, but these strengths are overshadowed by serious deficiencies in financial oversight.
The foundation's program expense ratio is relatively low at 33.79%, suggesting that a significant portion of resources may not be directed towards its programs and services. Overall, potential donors and stakeholders should exercise caution and seek more information regarding the foundation's operational practices before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Myers Beach Kiwanis Club Foundation Inc legitimate?
Fort Myers Beach Kiwanis Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Myers Beach Kiwanis Club 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: $82,756
For more financial information, click here
Official website here: www.fortmyersbeachkiwanis.org
What is the mission statement of Fort Myers Beach Kiwanis Club Foundation Inc?
The Fort Myers Beach Kiwanis Club Foundation Inc, as a part of the global Kiwanis organization, is committed to making a positive impact on children and communities. They fulfill this mission by actively participating in various community initiatives. Specifically, they sponsor local sports teams such as Little League and Soccer, contribute to the Beach School, provide scholarships to deserving students, offer support to the Children's Hospital, and help disadvantaged families in need. Their philanthropic efforts also include donations to various causes and initiatives. In the last year alone, they awarded $23,000 in scholarships to local students.
Official website here: www.fortmyersbeachkiwanis.org
Who is the CEO of Fort Myers Beach Kiwanis Club Foundation Inc?
Paula Mccarthy is the Director of Fort Myers Beach Kiwanis Club Foundation Inc.
Official website here: www.fortmyersbeachkiwanis.org
What is the revenue of Fort Myers Beach Kiwanis Club Foundation Inc?
Fort Myers Beach Kiwanis Club Foundation Inc's revenue in 2023 was $504,088.
Official website here: www.fortmyersbeachkiwanis.org
Who are the executives of Fort Myers Beach Kiwanis Club Foundation Inc and what are their salaries?
There 25 volunteers at Fort Myers Beach Kiwanis Club Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fortmyersbeachkiwanis.org
Where can I find the form 990 for Fort Myers Beach Kiwanis Club Foundation Inc?
Fort Myers Beach Kiwanis Club Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fortmyersbeachkiwanis.org
Learn more at the official website: www.fortmyersbeachkiwanis.org
Mission Statement of Fort Myers Beach Kiwanis Club Foundation Inc
Fort Myers Beach Kiwanis Club Foundation Inc is a dedicated volunteer organization with a mission to enhance the world, one child and one community at a time. The foundation demonstrates its commitment to the community by sponsoring local sports teams, such as Little League and Soccer, contributing to the Beach School, and offering college scholarships to deserving students. Furthermore, it extends its support to the local Children's Hospital and provides assistance to families in need. By engaging in these activities, Fort Myers Beach Kiwanis Club Foundation Inc effectively gives back to the community, making a significant impact on the lives of children and families.
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Impact
July, 2024
The Fort Myers Beach Kiwanis Club Foundation Inc has made a significant impact in the local community by providing $23,000 in scholarships to local students. Additionally, the foundation sponsors Little League and Soccer teams, donates to the Beach School, supports the local Children's Hospital, and helps needy families whenever necessary. Through these efforts, the foundation plays a crucial role in improving the lives of children and families in Fort Myers Beach, FL.
This information is meant to be a general summary of Fort Myers Beach Kiwanis Club 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 2023.
- Program Service Revenue: $504,088
- Gross Receipts: $504,088
Assets and Liabilities:
- Total Assets: $265,049
- Total Liabilities: $0
- Net Assets: $265,049
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Organization Details
Founding Year
1968
Phone
(239) 691-5381Principal Officer
Paula Mccarthy
Main Address
PO Box 2507, Fort Myers Beach, FL, 33932
NTEE Category
Code: B82 - Education
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