Labelle Rotary Foundation Inc
- Assets
- $65.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Labelle, FL
- Founding
- 11/2007
- Data as of
- 06/2024
- EIN
- 20-5996276
Organization Overview
Labelle Rotary Foundation Inc is located in Labelle, FL. The organization was established in 2007. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Labelle Rotary Foundation 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 06/2024, Labelle Rotary Foundation Inc generated $29.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $35.5k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
HELD SPECIAL EVENTS INCLUDING GOLF TOURNAMENT & ARMADILLO RACES.PROVIDED YOUTH AND COMMUNITY SERVICES. SUPPORTED NATIONAL ORGANIZATION. AWARDED SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Ratica President | 5 | $0 | |
Donna Akin Treasurer | 5 | $0 | |
Fred Kobie Director | 5 | $0 | |
Andrew J Higginbotham Director | 1 | $0 | |
Rick Scholl Secretary | 5 | $0 | |
Holly Kobie Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,228 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,259 |
| Other Revenue | $0 |
| Total Revenue | $29,487 |
| 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 | $1,697 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,289 |
| Total expenses | $35,493 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,940 |
| Other assets | $0 |
| Total assets | $65,482 |
| Total liabilities | $0 |
| Net assets or fund balances | $65,482 |