Skip to content
Nonprofiteer
← KIWANIS FOUNDATION OF ATLANTA INC

Form 990 for tax year 2024

Filed by KIWANIS FOUNDATION OF ATLANTA INC.

Totals

Total revenue
$398,091
Total expenses
$357,174
Contributions and grants received
$154,974
Grants paid
$305,367
Program service revenue
$0
Investment income
$243,117
Other revenue
$0
Total assets, end of year
$3,842,093
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,842,093
Program services expenses (Part IX)
$305,367
Management and general expenses
$51,807
Fundraising expenses
$0
Program service expenses (Part III)
$305,367

Program services were 85.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $154,974

  • 3 · Investment income

    total $119,188 · excluded $119,188

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $170,000

  • 7b · Less cost or other basis and sales expenses

    securities $46,071

  • 7c · Gain or loss

    securities $123,929

  • 7d · Net gain or loss

    total $123,929 · excluded $123,929

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $305,367 · program services $305,367

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $16,692 · management and general $16,692

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $2,034 · management and general $2,034

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $27,437 · management and general $27,437

  • 11g · Fees: other

    total $5,100 · management and general $5,100

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $514 · management and general $514

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: OTHER EXPENSES

    total $30 · management and general $30

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $26,863 · end of year $23,609

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $3,010 · end of year $810

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $3,703,062 · end of year $3,817,674

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $3,732,935 · end of year $3,842,093

Mission and programs · 2024

Mission

GRANTS TO CHARITABLE ORGANIZATIONS THAT QUALIFY UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE,WITH EMPHASIS ON GRANTS TO ORGANIZATIONS THAT SERVE CHILDREN AND YOUTH.

  • GRANTS TO CHARITABLE ORGANIZATIONS

    Expenses $305,367 · Grants $305,367

As filed on the 2024 return.

Listed in Part VII

  • KAREN LOSIN

    Executive Dir.

    Total calculated
    $75,266
    From this org
    $0
    From related orgs
    $69,866
    Other
    $5,400
    Hours/week
    0 + 40 related

  • JOHN O'KANE

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • DOUG RAY

    VICECHAIR INVES

    Total calculated
    $0
    Hours/week
    1

  • LISA MAULDING

    VICECHAIR FUNDR

    Total calculated
    $0
    Hours/week
    1

  • SUSANNAH DARROW

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • BLAKE YOUNG

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • JOHN BARGE

    Trustee

    Total calculated
    $0
    Hours/week
    0

  • BRIAN CUNNINGHAM

    Trustee

    Total calculated
    $0
    Hours/week
    0

  • PAUL HUDSON

    Trustee

    Total calculated
    $0
    Hours/week
    0

  • SUSAN ADAMS

    Trustee

    Total calculated
    $0
    Hours/week
    0

  • KATHY KITE

    Trustee

    Total calculated
    $0
    Hours/week
    0

  • DAVID MOORE

    Trustee

    Total calculated
    $0
    Hours/week
    0

  • DICK TETERS

    Trustee

    Total calculated
    $0
    Hours/week
    0

  • DONNA BARWICK

    Trustee

    Total calculated
    $0
    Hours/week
    0

  • HEIDY BRUSITUS

    Trustee

    Total calculated
    $0
    Hours/week
    0

  • LINDA LEVY

    Trustee

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
30 April 2025
IRS schema version
2024v5.1
Source object
202541209349300414

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.