Overview
What is Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel?
The Kiwanis Club of RB Foundation Inc, headed by Glenn Schanel, is a nonprofit organization located at 500 Executive Drive 5B, West Palm Beach, Florida 33401. Their primary mission is to support local students by providing scholarships based on their academic achievements. Furthermore, this organization raises funds to benefit children and youth as a whole, contributing positively to their communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Kiwanis Club of RB Foundation Inc has received an 87% score from Charity Navigator, which translates to a Three-Star rating. This score reflects strong performance in the category of Accountability & Finance, indicating a solid commitment to transparency and responsible financial management. The organization has demonstrated a high level of independence in its board composition, with all ten members being independent, which contributes positively to its governance structure.
The foundation also showcases impressive financial ratios, such as a low liabilities-to-assets ratio of 5.91% and a program expense ratio of 91.59%, indicating that the majority of its funds are directed toward its programs rather than administrative costs. Additionally, the organization has implemented effective governance policies, including a conflict of interest policy and a documented retention and destruction plan, which have been properly listed and adhered to.
While the organization excels in several areas, the single beacon score means that its overall rating is based solely on accountability and finance metrics. This focus may not capture other important aspects of charitable effectiveness, such as program outcomes or community impact, which are not evaluated in this assessment. Nonetheless, the Kiwanis Club of RB Foundation Inc appears to be a well-managed organization with a commitment to its mission and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel legitimate?
Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel 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: $0
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What is the mission statement of Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel?
The Kiwanis Club Of Rb Foundation Inc, in its mission, focuses on raising funds for the benefit of children and youth. This organization's primary objective is to provide financial assistance to deserving local students, recognizing their academic achievements through scholarships. By doing so, the foundation aims to contribute positively to the lives of young individuals, fostering their growth and development.
Who is the CEO of Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel?
Robert Dillingham is the President/Tr of Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel.
What is the revenue of Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel?
Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel's revenue in 2022 was $107,037.
Who are the executives of Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel?
Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel
The Kiwanis Club of RB Foundation Inc C/O Glenn Schanel is dedicated to raising funds for the benefit of children and youth. This nonprofit organization's mission is to support local students by providing scholarships based on their academic achievements. By doing so, they aim to contribute positively to the educational journey and future prospects of young individuals in the community. The scholarship program, a key initiative of the Kiwanis Club, recognizes and rewards academic excellence, thereby encouraging and motivating students to strive for and achieve their full potential.
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Impact
October, 2024
The Kiwanis Club of RB Foundation Inc, led by Glenn Schanel, significantly impacts the local community by focusing on the needs and development of children and youth. Through its fundraising initiatives, the organization generates vital resources that are then directed toward scholarships for local students. These scholarships reward academic achievement, enabling students to pursue their educational goals and fostering a culture of excellence. By prioritizing the welfare of young individuals, the Kiwanis Club contributes to the overall betterment of the community in West Palm Beach, Florida, ensuring that deserving students have the support they need to succeed.
This information is meant to be a general summary of Kiwanis Club Of Rb Foundation Inc C/O Glenn Schanel. 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.
- Gross Receipts: $147,550
Assets and Liabilities:
- Total Assets: $151,827
- Total Liabilities: $0
- Net Assets: $151,827
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Organization Details
Phone
(561) 624-2118Principal Officer
Robert Dillingham
Main Address
500 EXECUTIVE DRIVE 5B, WEST PALM BEACH, FL, 33401
NTEE Category
Code: T30 - Philanthropy
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