Okanogan-Omak Rotary Foundation
- Assets
- $257.4k
- Revenue
- $132.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Omak, WA
- Founding
- 05/2008
- Data as of
- 06/2024
- EIN
- 20-5977985
Organization Overview
Okanogan-Omak Rotary Foundation is located in Omak, WA. The organization was established in 2008. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Okanogan-Omak Rotary Foundation 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 06/2024, Okanogan-Omak Rotary Foundation generated $132.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $114.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Okanogan-Omak Rotary Foundation has awarded 29 individual grants totaling $330,630. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
LOCAL YOUTH & BUSINESS PROMOTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE LOCAL YOUTH AND BUSINESS ACTIVITES AND SUPPORT DISTRICT-WIDE ROTARY EVENTS. THE ROTARY FOUNDATION GAVE OUT 10 SCHOLARSHIPS, PARTICIPATED IN THE YOUTH BUSINESS WEEK, HELD AN ANNUAL FISHING DAY DERBY, AND MANY OTHER SMALL PROJECTS PROMOTING THE COMMUNITY. THE ROTARY FOUNDATION ALSO HOLDS WINE DOWN WEDNESDAY STEAK NIGHTS FROM MAY-SEPTEMBER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Allen Treasurer | OfficerTrustee | 1 | $0 |
Charles Arvidson Foundation C | OfficerTrustee | 0.25 | $0 |
Lael Duncal Club Directo | Trustee | 0.25 | $0 |
Cindy Gagne Past Preside | Trustee | 0.25 | $0 |
Greg Hamilton President-El | OfficerTrustee | 0.25 | $0 |
Kendall Ingraham Sergeant-At | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,217 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,367 |
| Total Program Service Revenue | $0 |
| Investment income | $10,035 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,019 |
| Net Income from Fundraising Events | $91,195 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $132,616 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,676 |
| Grants and other assistance to domestic individuals. | $33,000 |
| 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 | $5,828 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,740 |
| Fees for services: Other | $0 |
| Advertising and promotion | $955 |
| Office expenses | $2,054 |
| 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 | $0 |
| Total functional expenses | $114,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,338 |
| Savings and temporary cash investments | $0 |
| 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 | $192,014 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $257,352 |
| 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 | $74,849 |
| Net assets with donor restrictions | $182,503 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $257,352 |
Grants Awarded
Over the last fiscal year, Okanogan-Omak Rotary Foundation has awarded $48,131 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LOUP LOUP SKI PATROL | | | $9,875 |
CLUB POLIO PLUS | | | $5,100 |
UNDERGROUND WRESTLERS | | | $28,055 |
OMAK FCCLA & OMAK CHOIR | | | $5,101 |