Rotary Club Of Asheville Foundation Inc
- Assets
- $252.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Asheville, NC
- Founding
- 11/2008
- Data as of
- 06/2021
- EIN
- 26-2666203
Organization Overview
Rotary Club Of Asheville Foundation Inc is located in Asheville, NC. The organization was established in 2008. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Rotary Club Of Asheville 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 06/2021, Rotary Club Of Asheville Foundation Inc generated $154.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $119.6k during the year ending 06/2021. While expenses have increased by 21.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
ORGANIZATION FUNDS WERE USED FOR VARIOUS COMMUNITY SUPPORT ACTIVITIES, INCLUDING, BUT NOT LIMITED TO: GRANTS ARE MADE TO NON-PROFIT COMMUNITY ORGANIZATIONS AS PART OF THE FOUNDATION'S COMMITMENT TO ADDRESS IDENTIFIED NEEDS. THESE INCLUDED VARIOUS ORGANIZATIONS INCLUDING FOLKMOOT, BLUE RIDGE HONOR FLIGHT, MEALS ON WHEELS AND THE SALVATION ARMY. THE FOUNDATION CONTINUED ITS INTERNATIONAL SUPPORT OF PROJECTS IN HONDURUS AND GUATEMALA. -DURING NORMAL YEARS WE PROVIDE HEALTH AND DENTAL CARE DURING A THREE DAY MEDICAL/DENTAL CLINIC IN COPAN RUINAS, HONDURAS. DUE TO COVID, WE WERE UNABLE TO MAKE THE TRIP. INSTEAD OF MAKING THE TRIP, WE SENT FUNDS TO HELP IN THEIR COVID RECOVERY. -GUATEMALA SIMPLE SCHOOL - THE SIMPLE SCHOOL PROJECT IS FACILITATED THROUGH ROTARY INTERNATIONAL WITH A PARTNERSHIP BETWEEN CLUBS IN ROTARY DISTRICT 7670 AND THE ROTARY E-CLUB OF LAKE ATITLAN IN PANAJACHEL, GUATEMALA. THE PROJECT IS FACILITATING THE CONSTRUCTION OF A THREE CLASSROOM SCHOOL SERVING SIXTY CHILDREN AGES 3 THROUGH 1ST GRADE IN THE VILLAGE OF TZANCHAJ NEAR ATITLAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Scott Treasurer | 1 | $0 | |
Richard Devereaux President | 1 | $0 | |
Janet Whitworth Secretary | 1 | $0 | |
Betty Doll Director | 1 | $0 | |
Kevin Montgomery Director | 1 | $0 | |
Carter Webb Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,330 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,019 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $154,349 |
| 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 | $975 |
| Total expenses | $119,565 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $252,022 |
| Other assets | $0 |
| Total assets | $252,885 |
| Total liabilities | $0 |
| Net assets or fund balances | $252,885 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rotary Club Of Asheville Foundation Inc has recieved totaling $18,606.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Western North Carolina Inc Asheville, NC PURPOSE: BUILDING COMMUNITY & ECONOMIC VITALITY | $18,568 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
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