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 06/2022, Wharton Rotary Charity Inc generated $38.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $29.9k during the year ending 06/2022. 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
2022
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 | |
Donna Thornton Secretary | 0 | $0 | |
Ayodeji Alabi-Dj Vice-Preside | 0 | $0 | |
Linda King Treasurer | 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 | |
---|---|
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 | $468 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $29,405 |
Total expenses | $29,873 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $34,842 |
Other assets | $0 |
Total assets | $35,173 |
Total liabilities | $1,248 |
Net assets or fund balances | $33,925 |
Over the last fiscal year, we have identified 1 grants that Wharton Rotary Charity Inc has recieved totaling $7,000.
Awarding Organization | Amount |
---|---|
Rotary District 5890 Charities Inc Pasadena, TX PURPOSE: National Disaster Area repairing homes and business272859623 | $7,000 |
Organization Name | Assets | Revenue |
---|---|---|
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |
Kimberly-Clark Foundation Inc Irving, TX | $0 | $5,825,814 |
San Antonio Livestock Exposition Educational Fund Inc San Antonio, TX | $23,576,511 | $4,942,243 |
The Forte Foundation Austin, TX | $3,571,246 | $5,400,451 |
Usaa Educational Foundation San Antonio, TX | $96,381,454 | $7,561,828 |
Ulm Athletic Foundation Monroe, LA | $3,668,358 | $2,963,740 |
Panhandle-Plains Higher Education Foundation Inc Canyon, TX | $182,464,704 | $13,006,465 |
American Indian Graduate Center Scholars Albuquerque, NM | $1,252,569 | $3,993,312 |