Overview
What is Manitou Springs Kiwanis Foundation?
The Manitou Springs Kiwanis Foundation is a nonprofit organization that generously offers scholarship grants to numerous students. Their primary mission is to support students in their initial year of post-secondary education, whether they choose to attend a college or a trade school. By providing these tuition grants, the foundation contributes to the educational pursuits of young individuals, thereby fostering their personal growth and future prospects.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Manitou Springs Kiwanis Foundation has earned an overall score of 80%, reflecting a solid performance in accountability and finance metrics. The assessment is driven by an Accountability & Finance Score of 80, indicating a well-managed organization. Key strengths include an independent board with 100% members, a good size, and a perfect score on asset diversion, which shows no significant financial mismanagement.
However, the foundation has some areas for improvement, particularly in governance practices. While they have a conflict of interest policy in place, they are missing crucial documents such as a whistleblower policy and a document retention and destruction policy. These deficiencies could impact transparency and accountability, which are critical for donor trust and organizational integrity.
Despite these limitations, the organization's financial health appears robust, with an impressive program expense ratio of 99.95%, suggesting that nearly all funds are directed towards their charitable programs. Overall, while the Manitou Springs Kiwanis Foundation demonstrates commendable fiscal responsibility, enhancing their governance policies could further strengthen their operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Manitou Springs Kiwanis Foundation legitimate?
Manitou Springs Kiwanis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manitou Springs Kiwanis Foundation 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 Manitou Springs Kiwanis Foundation?
The Manitou Springs Kiwanis Foundation's mission is centered around providing financial assistance. Specifically, they offer tuition grants to students commencing their first year in post-secondary education, whether it be in a college or a trade school. This initiative aims to support the educational aspirations of numerous students, enabling them to pursue higher education in their chosen fields. The foundation's activities primarily revolve around the distribution of these scholarship grants.
Who is the CEO of Manitou Springs Kiwanis Foundation?
Tom Henschen is the Director/President of Manitou Springs Kiwanis Foundation.
What is the revenue of Manitou Springs Kiwanis Foundation?
Manitou Springs Kiwanis Foundation's revenue in 2022 was $68,386.
Who are the executives of Manitou Springs Kiwanis Foundation and what are their salaries?
There 2 volunteers at Manitou Springs Kiwanis Foundation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Manitou Springs Kiwanis Foundation?
Manitou Springs Kiwanis Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Manitou Springs Kiwanis Foundation
The Manitou Springs Kiwanis Foundation is committed to supporting the education of students in their initial year of post-secondary studies. This nonprofit organization provides tuition grants, extending its aid to students enrolled in either colleges or trade schools. By offering these scholarships, the Manitou Springs Kiwanis Foundation aims to empower students, enabling them to pursue their academic and professional aspirations.
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Impact
October, 2024
The Manitou Springs Kiwanis Foundation significantly impacts the local community by providing tuition grants to students entering their first year of post-secondary education, whether at a college or trade school. By offering scholarship grants to numerous students, the foundation plays a crucial role in facilitating access to higher education, helping to alleviate the financial burden often associated with pursuing further studies. This support fosters educational opportunities, empowering individuals to enhance their skills and knowledge, which ultimately contributes to community improvement and economic development in Manitou Springs, CO.
This information is meant to be a general summary of Manitou Springs Kiwanis Foundation. 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: $54,329
- Gross Receipts: $107,816
Assets and Liabilities:
- Total Assets: $1,212,324
- Total Liabilities: $0
- Net Assets: $1,212,324
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Organization Details
Founding Year
1959
Phone
(719) 685-1343Principal Officer
Tom Henschen
Main Address
PO Box 248, Manitou Springs, CO, 80829
NTEE Category
Code: S80 - Community improvement
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