Pompton Lakes Rotary Foundation Inc is located in Pompton Lakes, NJ. The organization was established in 2002. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Pompton Lakes 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 06/2022, Pompton Lakes Rotary Foundation Inc generated $3.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $9.5k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MOTTO OF ROTARY CLUBS THE WORLD OVER HAS ALWAYS BEEN "SERVICE ABOVE SELF", A MOTTO WHICH EXEMPLIFIES THIS GREAT ORGANIZATIONS UNCEASING DEDICATION TO IMPROVING OUR WORLD. FULFILLING THIS GREAT TRADITION FOR MORE THAN 50 YEARS IS THE ROTARY CLUB OF POMPTON LAKES OF ROTARY INTERNATIONAL DISTRICT 7490. DURING ITS FIVE DECADES OF EXISTENCE, THE ROTARY CLUB OF POMPTON LAKES HAS BEEN A VITAL PART OF ITS COMMUNITY, SERVING AS A CONTINUING LIVING EXAMPLE OF ITS "SERVICE ABOVE SELF" CREDO. THE LIST OF PROJECTS, CHARITIES, AND ORGANIZATIONS WHICH HAVE BENEFITTED FROM THE CLUBS COMMITMENT TO HELP THE COMMUNITY OVER THE YEARS IS ELABORATE. OUR WEBSITE DETAILS MANY OF THESE ACCOMPLISHMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENCOURAGE AND PROMOTE COMMUNITY SERVICE AMONG LOCAL BUSINESS AND THE PROFESSIONAL COMMUNITY. FUNDS RAISED ARE FOR YOUTH ORGANIZATIONS, CIVIC IMPROVEMENT ACTIVITIES AND SCHOLARSHIPS WITHIN POMPTON LAKES AND THE SURROUNDING COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eugene Hoffman President | Officer | 0 | $0 |
Paul Amoroso Secretary | Officer | 0 | $0 |
Peter Lefkowitz Treasurer | Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
Total Program Service Revenue | $0 |
Investment income | $151 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $1,140 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,291 |
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 | $950 |
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 | $123 |
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 | $9,451 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,324 |
Savings and temporary cash investments | $10,444 |
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 | $18,768 |
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 | $18,768 |
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 | $0 |
Total liabilities and net assets/fund balances | $18,768 |
Over the last fiscal year, we have identified 2 grants that Pompton Lakes Rotary Foundation Inc has recieved totaling $3,000.
Awarding Organization | Amount |
---|---|
Columbia Bank Foundation Fair Lawn, NJ PURPOSE: THANKSGIVING DAY COMMUNITY DINNER - 11/25/21 - SPONSOR | $2,000 |
Columbia Bank Foundation Fair Lawn, NJ PURPOSE: ANNUAL CHARITY GOLF OUTING - 7/28/21 - GOLD LEVEL | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Montgomery County Community Action Development Commission Norristown, PA | $3,474,447 | $9,701,447 |
Unique Life Inc Bronx, NY | $6,794,767 | $10,711,287 |
Liberty Lutheran Services Ambler, PA | $87,780,400 | $9,720,613 |
Albany County Opportunity Incorporated Albany, NY | $9,044,384 | $9,921,411 |
Community Action Partnership Of Mercer County Sharon, PA | $4,458,318 | $9,067,066 |
Doctors Of The World-Usa Inc New York, NY | $5,138,998 | $8,908,023 |
United Food And Commercial Workers International Union Oriskany, NY | $2,992,541 | $8,981,591 |
Wayne County Action Program Inc Lyons, NY | $3,537,821 | $9,071,492 |
Opportunities For Otsego Inc Oneonta, NY | $3,078,713 | $8,326,679 |
Methodist Services Philadelphia, PA | $6,407,252 | $8,201,860 |
Circle Of Care For Families And Children Of Passaic County Inc Woodland Park, NJ | $3,622,705 | $9,164,906 |
Lifeworks Community Action Inc Ballston Spa, NY | $2,628,001 | $8,482,858 |