Kiwanis Club of Southport-oakisland Foundation is a 501(c)(3) organization based in Southport, North Carolina, registered in 2003, with $80,212 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$80K
▼ 14.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$90K
Net assets
$227K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Kiwanis Club of Southport-oakisland Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Kiwanis Club of Southport-oakisland Foundation: 30 mo reserves · -13% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Kiwanis Club of Southport-oakisland Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Kiwanis Club of Southport-oakisland Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $61K (FY2010) to $80K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
-12.6%
Spent more than it raised in the latest fiscal year.
Total assets
$228K
Total liabilities
$668
Net assets
$227K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $80,212▼14.2% | $90,323▲1.9% | $227,008▼4.3% | $227,676▼4.3% | 990 |
| 2023 | $93,434▼38.7% | $88,605▲13.6% | $237,119▲2.1% | $237,945▲2.1% | 990 |
| 2022 | $152,532▲76.7% | $78,002▲16.1% | $232,291▲45.2% | $233,108▲45.7% | 990 |
| 2021 | $86,345▲110% | $67,189▲104% | $160,028▲15.5% | $160,028▲7.1% | 990 |
| 2020 | $41,175▲40.5% | $32,995▼32.0% | $138,609▲6.3% | $149,471▲9.6% | 990EZ |
| 2019 | $29,302▼32.0% | $48,489▼11.8% | $130,429▼12.8% | $136,318▼9.1% | 990EZ |
| 2018 | $43,062▼37.7% | $54,960▼16.3% | $149,616▼7.4% | $150,022▼7.1% | 990EZ |
| 2017 | $69,077▲37.5% | $65,625▲41.8% | $161,514▲2.2% | $161,514▲1.6% | 990EZ |
| 2016 | $50,250▼14.9% | $46,285▼7.9% | $158,062▲2.6% | $158,934▲3.1% | 990EZ |
| 2015 | $59,038▼5.2% | $50,241▼17.2% | $154,097▲6.1% | $154,097▲6.1% | 990EZ |
| 2014 | $62,258▲69.1% | $60,672▲18.2% | $145,300▲1.1% | $145,300▲1.1% | 990EZ |
| 2013 | $36,828▼39.2% | $51,309▲20.5% | $143,714▼9.2% | $143,714▼9.2% | 990EZ |
| 2012 | $60,622▼5.7% | $42,564▼0.4% | $158,195▲12.9% | $158,195▲12.9% | 990EZ |
| 2011 | $64,305▲5.6% | $42,751▲32.5% | $140,137▲18.2% | $140,137▲18.2% | 990EZ |
| 2010 | $60,889 | $32,267 | $118,583 | $118,583 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Kiwanis Club of Southport-oakisland Foundation (EIN 16-1629934) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.