Farmington Rotary Club Foundation is located in Farmington, CT. The organization was established in 1988. 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. Farmington Rotary Club 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 06/2021, Farmington Rotary Club Foundation generated $4.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (28.5%) each year. All expenses for the organization totaled $12.4k during the year ending 06/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
DONATIONS PROVIDED TO ORGANIZATIONS IN SUPPORT OF THEIR PRIMARY PURPOSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cherilyn Spatola Fdtn Pres. & | 2 | $0 | |
John W Tharpe Rotaryclub P | 2 | $0 | |
Jeffrey Rivard President El | 2 | $0 | |
Andres Verzosa Secretary | 2 | $0 | |
Michael Cheshire Director | 1 | $0 | |
Bette Case Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,460 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $4,460 |
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 | $22 |
Total expenses | $12,353 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,358 |
Other assets | $0 |
Total assets | $7,358 |
Total liabilities | $19,445 |
Net assets or fund balances | -$12,087 |
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