Portland Rotary Charitable Fund
- Assets
- $400.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, ME
- Founding
- 03/1985
- Data as of
- 06/2023
- EIN
- 22-2571797
Organization Overview
Portland Rotary Charitable Fund is located in Portland, ME. The organization was established in 1985. 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. Portland Rotary Charitable Fund 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 06/2023, Portland Rotary Charitable Fund generated $26.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.1%) each year. All expenses for the organization totaled $73.0k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE LOCAL AND INTERNATIONAL COMMUNITIES
Describe the Organization's Program Activity:
Part 3
TO ALLEVIATE CHIDLHOOD HUNGER AND IMPROVE EDUCATION IN PORTLAND MAINE
TO PROVIDE HEARING AIDS, PROTHESTIC HANDS AND CLEAN DRINKING WATER TO NEEDY RESIDENTS OF THE DOMINICAN REPUBLIC
DONATIONS FOR ROTARY POLIO ERADICATION AND ROTARY FOUNDATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dick Hall President Elect | 0 | $0 | |
Patty Byers 1st Vice President | 1 | $0 | |
John Thompson 2nd Vice President | 1 | $0 | |
Bill Blount Secretary | 1 | $0 | |
Dick Hall Treasurer | 1 | $0 | |
Jake Bourdeau Sgt At Arms | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,931 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,317 |
| Other Revenue | $0 |
| Total Revenue | $26,614 |
| 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 | $0 |
| Other expenses | $1,921 |
| Total expenses | $72,989 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $400,840 |
| Other assets | $0 |
| Total assets | $400,840 |
| Total liabilities | $28,698 |
| Net assets or fund balances | $372,142 |
Grants Awarded
Over the last fiscal year, Portland Rotary Charitable Fund has awarded $15,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PREBLE STREET PURPOSE: SUPPORT SOUP KITCHEN | $5,000 |
UNITED WAY INC PURPOSE: CHILDHOOD HUNGER & EDUCATION VIDEO | $5,000 |
LONG CREEK YOUTH DEVELOPMENT CENTER - BENEFIT FUND PURPOSE: TRANSITION PROGRAM | $5,000 |