East Hartford Rotary Club Scholarship Trust Nect is located in South Windsor, CT. The organization was established in 1970. 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 an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2021, East Hartford Rotary Club Scholarship Trust Nect generated $19.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $26.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROTARY CLUB OF EAST HARTFORD CHARITABLE FUND, INC. FOR DISTRIBUTION TO SCHOLARSHIP RECIPIENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Saunders Trustee | 1 | $0 | |
James Watts Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $3,825 |
Interest on Savings | $0 |
Dividends & Interest | $8,726 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $7,188 |
Capital Gain Net Income | $1,141 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $19,739 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $388 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $4,191 |
Total operating and administrative expenses | $6,404 |
Contributions, gifts, grants paid | $20,441 |
Total expenses and disbursements | $26,845 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,274 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $318,812 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $320,086 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, East Hartford Rotary Club Scholarship Trust Nect has awarded $44,000 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
EAST HARTFORD ROTARY CHARITABLE PURPOSE: AS A CONDUIT FOR SCHOLARSHIP PAYMENTS | $10,000 |
EAST HARTFORD ROTARY CHARITABLE PURPOSE: AS A CONDUIT FOR SCHOLARSHIP PAYMENTS | $10,000 |
GOODWIN UNIVERSITY PURPOSE: AS A CONDUIT FOR SCHOLARSHIP PAYMENTS | $6,000 |
MANCHESTER COMMUNITY COLLEGE PURPOSE: AS A CONDUIT FOR SCHOLARSHIP PAYMENTS | $6,000 |
MANCHESTER COMMUNITY COLLEGE PURPOSE: AS A CONDUIT FOR SCHOLARSHIP PAYMENTS | $6,000 |
GOODWIN UNIVERSITY PURPOSE: AS A CONDUIT FOR SCHOLARSHIP PAYMENTS | $6,000 |
Organization Name | Assets | Revenue |
---|---|---|
Mercy Flight Central Inc Canandaigua, NY | $14,339,659 | $14,213,717 |
Here To Here Foundation Inc Bronx, NY | $10,262,789 | $1,365,332 |
Arab-American Family Support Center Inc Brooklyn, NY | $5,221,623 | $9,617,886 |
Asian Americans For Equality Inc New York, NY | $26,601,430 | $8,393,675 |
Greater Hartford Ridesharing Corporation Bloomfield, CT | $7,224,593 | $6,566,228 |
Creating Resources For Empowerment And Action Inc New York, NY | $14,539,110 | $8,895,948 |
Avodah The Jewish Service Corps Inc New York, NY | $2,569,454 | $4,032,872 |
Hunger Free America Inc New York, NY | $2,319,530 | $4,469,828 |
Duet Inc Boston, MA | $6,806,173 | $2,616,940 |
Circulo De La Hispanidad Long Beach, NY | $1,556,155 | $4,205,869 |
Beverly Bootstraps Community Services Inc Beverly, MA | $4,894,230 | $3,812,674 |
Epic Family Of Human Service Agencies East Meadow, NY | $11,025,847 | $7,313,601 |