Philanthropy & Grantmaking (T30) IRS Verified DX Registered 990 on File

KIWANIS HOLIDAY LIGHTS INC

EIN: 45-4467398 · MANKATO, MN 56002-0602 · United States · FY 2024 Data

3 out of 5 55 / 100 Based on 2+ years of filings

Financial strength (30%) 76/100

Reliability (20%) 50/100

Effectiveness (25%) 87/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

Kiwanis Holiday Lights Mission: Create a celebration of Holiday Lights for the Greater Mankato Area that builds on past traditions and promotes the communities we serve, while raising non-perishable food donations for those in need.

Financial Overview — FY 2024

$426K

Total Revenue

$329K

Total Expenses

$433K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 99.7%

Fundraising Efficiency N/A

Operating Reserve 15.77x

Liability-to-Asset 0.0%

Revenue Diversification 66.9%

Executive Compensation $0

Compared with Peers

FY 2024

Compared with 16,645 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	99.7%	90.2%	P10P90	Top quarter
Admin expense ratio Management and general / total expenses · lower is better	0.3%	7.9%	P10P90	Top quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.0%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	15.8 mo	95.2 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.0%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	66.9%	90.4%	P10P90	Top quarter
Revenue growth Year over year revenue growth	16.4%	18.5%	P10P90
Expense growth Year over year expense growth	9.5%	6.7%	P10P90
Surplus margin Surplus as a share of revenue	22.7%	1.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$426K	$329K	$433K	99.7%	0
2023	$366K	$301K	$336K	99.5%	0
2022	$337K	$277K	$271K	99.4%	0
2021	$43K	$78K	N/A	—	1

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Organization Details

EIN: 45-4467398
State: MN
City: MANKATO
ZIP: 56002-0602
Classification: T30
Category: Philanthropy & Grantmaking
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2012
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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