Wharton Rotary Charity Inc is located in Wharton, TX. 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. Wharton Rotary Charity 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 undefined, Wharton Rotary Charity Inc generated $38.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $29.9k during the year ending undefined. 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
Describe the Organization's Program Activity:
Part 3
THE MAIN FUNDRAISER IS AN ANNUAL GALA CALLED LEGENDS OF WESTERN MUSIC. SUPPORT DERIVED FROM THE GALA INCLUDES GROSS RECEIPTS FROM TICKET SALES, CORPORATE SPONSORSHIPS, AND CASH CONTRIBUIONS. CHARITABLE GIVING INCLUDESSCHOLARSHIPS PAID TO WHARTON COUNTY JUNIOR COLLEGE FOR THE BENEFIT OF LOCAL HIGH SCHOOL STUDENTS AND CONTRIBUTIONS TO VARIOUS CHARITABLE ORGANIZATIONS INCLUDING THE BOYS & GIRLS CLUB OF WHARTON, JUST DO IT NOW, INC., THE ROTARY FOUNDATION, WHARTON COUNTY LIBRARY SUMMER READING PROGRAM, WHARTON COUNTY HISTORICAL MUSEUM, A LOCAL FOOD BANK AND NUMEROUS OTHERS. NUMBER OF PERSONS BENEFITED IS ESTIMATED TO BE IN THE THOUSANDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Cochrane President | 0 | $0 | |
Linda King Treasurer | 0 | $0 | |
Ayodeji Alabi-Dj Vice-Preside | 0 | $0 | |
Donna Thornton Secretary | 0 | $0 | |
Landon Mcclain Sergeant At | 0 | $0 | |
Vicki Hildebrand Admin/club S | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,204 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $10 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $35,789 |
Other Revenue | $0 |
Total Revenue | $38,003 |
Statement of Expenses | |
---|---|
Total expenses | $29,873 |
Balance Sheet | |
---|---|
Total assets | $35,173 |
Total liabilities | $1,248 |
Net assets or fund balances | $33,925 |