Rotary International
- Assets
- $32.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reading, MA
- Founding
- 09/1942
- Data as of
- 06/2021
- EIN
- 04-6051008
Organization Overview
Rotary International is located in Reading, MA. The organization was established in 1942. 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 06/2021, Rotary International generated $30.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $29.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ACHIEVED GOALS IN FUNDRAISING AND GIFTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Borawski Secretary | 0 | $0 | |
Michael Bonsey Treasurer | 0 | $0 | |
John Douglass II President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $30,100 |
| Total Revenue | $30,110 |
| 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 | $55 |
| Other expenses | $29,135 |
| Total expenses | $29,190 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,521 |
| Other assets | $0 |
| Total assets | $32,521 |
| Total liabilities | $30,000 |
| Net assets or fund balances | $2,521 |
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