Rotary International
- Assets
- $120.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, VT
- Founding
- 05/1958
- Data as of
- 06/2023
- EIN
- 02-0464951
Organization Overview
Rotary International is located in Springfield, VT. The organization was established in 1958. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rotary International is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Rotary International generated $141.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $135.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Rotary International has awarded 53 individual grants totaling $379,109. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PROMOTION OF HUMANITARIAN PROJECTS AND SOCIAL ASSISTANCE, LOCAL AND WORLDWIDE
Describe the Organization's Program Activity:
Part 3
THE ROTARY INTERNATIONAL FOUNDATION PROVIDES THE DISTRICT WITH GRANT FUNDS TO BE DISTRIBUTED TO ROTARY CLUBS WITHIN THE DISTRICT TO ASSIST THEM WITH THEIR LOCAL COMMUNITY PROJECTS.
THE NORTHEAST PRESIDENT-ELECT TRAINING SEMINAR NEPETS IS ROTARY'S TRAINING PROGRAM FOR CLUB PRESIDENTS-ELECT AND ASSISTANT GOVERNORS THROUGHOUT NEW ENGLAND AND PARTS OF CANADA. THE GOAL OF NEPETS IS TO PREPARE PRESIDENTS-ELECT AND ASSISTANT GOVERNORS FOR THEIR UPCOMING ROLES THROUGH PROVOCATIVE PLENARY SPEAKERS, IN-DEPTH BREAKOUT SESSIONS, DISCUSSIONS WITH PEERS FROM VARIOUS DISTRICTS AND INFORMAL FELLOWSHIP AND NETWORKING WITH OTHER ROTARIANS. NEPETS IS A COLLABORATIVE EFFORT OF EIGHT ROTARY DISTRICTS AND INCLUDES THE STATES OF CT, RI, MA, VT, NH, SOUTHERN MAINE AND SOUTHERN QUEBEC. DISTRICT LEVEL CONFERENCES IN TURN HELP WITH LOCAL TRAINING, SUPPORT THE YOUTH EXCHANGE PROGRAM AND PROVIDE A VENUE FOR COORDINATING PROJECTS AT THE DISTRICT AND LOCAL LEVELS.
TO TAKE ACTION ON OUR WORLD'S MOST PERSISTENT ISSUES: PROMOTE PEACE, BY SPONSORING A COMPETITION BASED ON THE FOUR WAY TEST, TEACHING HIGH SCHOOL STUDENTS ETHICAL STANDARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Randell Barclay Dg Director | 20 | $0 | |
Alice Boucher Secretary | 10 | $0 | |
Jeff Mobus Treasurer | 10 | $0 | |
David Saturley Dge Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,990 |
| Total Program Service Revenue | $19,385 |
| Membership dues | $0 |
| Investment income | $159 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $14,870 |
| Total Revenue | $141,404 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $109,604 |
| Total expenses | $135,054 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,241 |
| Other assets | $0 |
| Total assets | $120,467 |
| Total liabilities | $14,106 |
| Net assets or fund balances | $106,361 |
Grants Awarded
Over the last fiscal year, Rotary International has awarded $321,251 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
CAPITAL CITY SUNRISE CONCORD PURPOSE: Medical equip/PPE | $8,160 |
BELLOWS FALLS ROTARY CLUB PURPOSE: Medical Equip/PPE | $7,564 |
HOLLISBROOKLINE ROTARY PURPOSE: Medical Equip/PPE | $17,401 |
GILFORD ROTARY CLUB PURPOSE: Medical Equip/PPE | $8,410 |
ROTARY CLUB OF HOPKINTON PURPOSE: General Support | $14,974 |
NEW HAMPSHIRE FOOD BANK PURPOSE: General support | $75,963 |