Overview
What is Kiwanis Of Riverside Welfare Foundation?
The Kiwanis of Riverside Welfare Foundation is a charitable organization that focuses on uplifting the youth and community through philanthropic activities and service. It demonstrates its commitment by granting scholarships to deserving high school students, recognizing their achievements, service, and financial needs. In total, the foundation has awarded 11 and 35 scholarships to students in this manner, demonstrating its dedication to fostering education and nurturing potential.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) with a score of 73%. This rating indicates that while the Kiwanis Of Riverside Welfare Foundation performs well in terms of accountability and financial management, there are significant areas needing improvement, particularly in governance and transparency.
The organization boasts a perfect score in accountability and finance, showcasing a strong independent board with 10 members and no material diversion of assets. Additionally, they maintain a favorable liabilities to assets ratio and a high program expense ratio, indicating that a large portion of their funds is directed towards their mission-related activities.
However, the foundation faces criticism for lacking essential policies and transparency measures, such as a conflict of interest policy and a whistleblower policy, which could impact its governance standards. Additionally, their website is missing key documents like the tax form and meeting minutes, which detracts from overall transparency and accountability. Addressing these limitations could enhance their rating and further reinforce their commitment to responsible nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Kiwanis Of Riverside Welfare Foundation legitimate?
Kiwanis Of Riverside Welfare Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiwanis Of Riverside Welfare Foundation submitted a form 990EZ, 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.
What is the mission statement of Kiwanis Of Riverside Welfare Foundation?
The Kiwanis Of Riverside Welfare Foundation serves the community and youth through philanthropic and service-based initiatives. Their primary focus is on providing financial aid in the form of scholarships to deserving high school students, taking into account their achievements, service involvement, and financial needs. To date, they have awarded 11 such scholarships and also granted 35 scholarships to high schoolers with similar criteria. The foundation's mission is geared towards uplifting and supporting young individuals in their educational pursuits.
Who is the CEO of Kiwanis Of Riverside Welfare Foundation?
Marek Leblanc is the President of Kiwanis Of Riverside Welfare Foundation.
What is the revenue of Kiwanis Of Riverside Welfare Foundation?
Kiwanis Of Riverside Welfare Foundation's revenue in 2022 was $65,647.
Who are the executives of Kiwanis Of Riverside Welfare Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990EZ for Kiwanis Of Riverside Welfare Foundation?
Kiwanis Of Riverside Welfare Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Kiwanis Of Riverside Welfare Foundation
The Kiwanis of Riverside Welfare Foundation is dedicated to offering philanthropic and service-based aid to both youth and the community at large. Central to their mission is the provision of scholarships to deserving high school students. These scholarships are awarded based on three key factors: academic achievement, service involvement, and financial need. In total, the foundation has granted 11 such scholarships and an additional 35 to students with similar qualifications. By doing so, the Kiwanis of Riverside Welfare Foundation seeks to support and empower young individuals, helping them pursue their educational goals and contribute positively to society.
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Impact
August, 2024
The Kiwanis Of Riverside Welfare Foundation has made a significant impact on the youth and community of Riverside, CA. Through their philanthropic efforts, they have awarded 11 scholarships based on achievement, service, and financial need to high school students. Additionally, they have granted 35 scholarships to high schoolers with similar criteria in mind. By providing these educational opportunities, the foundation is helping to support the academic and personal growth of young individuals in the community, ultimately contributing to a brighter future for both the recipients and the community as a whole.
This information is meant to be a general summary of Kiwanis Of Riverside Welfare 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: $11,264
- Gross Receipts: $147,389
Assets and Liabilities:
- Total Assets: $325,457
- Total Liabilities: $1,616
- Net Assets: $323,841
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Organization Details
Phone
(951) 786-3601Principal Officer
Marek Leblanc
Main Address
PO BOX 20827, RIVERSIDE, CA, 925160827
NTEE Category
Code: S80Z - Community improvement
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