Kiwanis Club Of Torrance Kiwanis Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,302 | 10,809 | 5,493 | 38.5 | — |
| 2012 | 19,911 | 11,790 | 8,121 | 43.5 | — |
| 2017 | 138,217 | 36,665 | 101,552 | 48.9 | — |
| 2023 | 46,364 | 47,078 | −714 | 40.2 | — |
In its most recent public year (2023), this organization spent $714 more than it brought in. Its reserves stood at about 40.2 months of spending, up from 38.5 in 2011.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Kiwanis Club Of Torrance Kiwanis Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works