Decorah Rotary Club Foundation is located in Decorah, IA. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Decorah 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 12/2021, Decorah Rotary Club Foundation generated $30.8k 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 (6.5%) each year. All expenses for the organization totaled $29.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT LOCAL COMMUNITY SERVICE PROJECTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Scott President | 2 | $0 | |
Kelly Reagan Secretary/tr | 2 | $0 | |
Brecka Putnam Director | 1 | $0 | |
Nate Ersig Director | 1 | $0 | |
Jeff Tomlinson Director | 1 | $0 | |
Ward Budweg Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,912 |
Total Program Service Revenue | $0 |
Membership dues | $19,086 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,775 |
Other Revenue | $0 |
Total Revenue | $30,774 |
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 | $76 |
Other expenses | $27,388 |
Total expenses | $29,914 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $21,692 |
Other assets | $0 |
Total assets | $21,692 |
Total liabilities | $0 |
Net assets or fund balances | $21,692 |
Over the last fiscal year, we have identified 1 grants that Decorah Rotary Club Foundation has recieved totaling $93.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $93 |
Organization Name | Assets | Revenue |
---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |