Rotary Clubs Of Jonesborofoundation Inc is located in Jonesboro, AR. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rotary Clubs Of Jonesborofoundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Rotary Clubs Of Jonesborofoundation Inc generated $105.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (42.5%) each year. All expenses for the organization totaled $225.3k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST IN PROVIDING A CENTENNIAL PLAZA FOR THE COMMUNITY TO COMMEMORATE THE CENTENNIAL ANNIVERSARY OF THE JONESBORO ROTARY CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTENNIAL PLAZA CONSTRUCTIONCENTENNIAL PLAZA WAS GIFTED TO THE CITY OF JONESBORO APRIL 26, 2019
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gs Brant Perkins Secretary | Officer | 5 | $0 |
Barbara Widner Treasurer | Officer | 5 | $0 |
Brian Rega Chairman | Officer | 5 | $0 |
Gene Wing Member | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $58,168 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $47,625 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $105,793 |
Total Program Service Revenue | $0 |
Investment income | $1 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $105,794 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $5 |
Total functional expenses | $225,341 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $12,234 |
Savings and temporary cash investments | $7,179 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $19,413 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $19,413 |
Total liabilities and net assets/fund balances | $19,413 |
Over the last fiscal year, we have identified 1 grants that Rotary Clubs Of Jonesborofoundation Inc has recieved totaling $15,771.
Awarding Organization | Amount |
---|---|
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: TO ENDOW THE ROTARY CENTENNIAL PARK IN JONESBORO, ARKANSAS | $15,771 |
Organization Name | Assets | Revenue |
---|---|---|
Jasper Ridge Charitable Fund Fort Worth, TX | $1,059,804,391 | $51,342,189 |
Communities Foundation Of Oklahoma Inc Oklahoma City, OK | $155,793,943 | $76,729,791 |
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |