Florence Rotary Club Foundation Inc
- Assets
- $31.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Verona, KY
- Founding
- 08/2010
- Data as of
- 12/2019
- EIN
- 27-1752838
Organization Overview
Florence Rotary Club Foundation Inc is located in Verona, KY. The organization was established in 2010. 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. Florence Rotary Club 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 12/2019, Florence Rotary Club Foundation Inc generated $47.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $41.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE FOUNDATION IS TO PROVIDE EDUCATIONAL, CHARITABLE, BENEVOLENT AND CIVIC ACTIVITIES THROUGH THE PROVISION OF SCHOLARSHIPS TO RESIDENTS OF BOONE COUNTY, KENTUCKY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Griesser Board Member | 1 | $0 | |
Shawn Carroll Board Member | 1 | $0 | |
Dennis Mcevoy Board Member | 1 | $0 | |
Ed Monohan Board Member | 1 | $0 | |
Frank Schneider Board Member | 1 | $0 | |
Greg Palmer President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,686 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $32,917 |
| Other Revenue | $0 |
| Total Revenue | $47,603 |
| 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 | $890 |
| Occupancy, rent, utilities, and maintenance | $724 |
| Printing, publications, postage, and shipping | $1,393 |
| Other expenses | $340 |
| Total expenses | $41,383 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,231 |
| Other assets | $0 |
| Total assets | $31,792 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,792 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florence Rotary Club Foundation Inc has recieved totaling $36.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $36 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
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 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
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 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |