Souderton Telford Rotary Club Foundation
- Assets
- $287.2k
- Revenue
- $189.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Souderton, PA
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 30-0507618
Organization Overview
Souderton Telford Rotary Club Foundation is located in Souderton, PA. The organization was established in 2019. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Souderton Telford 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, Souderton Telford Rotary Club Foundation generated $189.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $44.5k during the year ending 12/2021. While expenses have increased by 11.7% per year over the past 2 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS TO BENEFIT THE LOCAL AND INTERNATIONAL COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITIABLE CONTRIBUTIONS - TO ASSIST LOCAL AND INTERNATIONAL NEEDS
SCHOLARSHIPS AWARDED TO LOCAL STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karla Myers President | OfficerTrustee | 1 | $0 |
Kersten Miniscalco Secretary | OfficerTrustee | 1 | $0 |
Jason Donmoyer President-El | OfficerTrustee | 1 | $0 |
Jay Glickman Fin. Sec'y | OfficerTrustee | 1 | $0 |
Dan Yocum Past-Preside | OfficerTrustee | 1 | $0 |
David Washam Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $41,245 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $151,232 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,477 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,174 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $189,303 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,205 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $9,150 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $40 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $150 |
| Total functional expenses | $44,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287,183 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $287,183 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $54,405 |
| Net assets with donor restrictions | $232,778 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $287,183 |
Grants Awarded
Over the last fiscal year, Souderton Telford Rotary Club Foundation has awarded $16,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Souderton, PA | | $9,500 |
Souderton, PA | | $7,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Souderton Telford Rotary Club Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Government Integrity Fund Columbus, OH | $0 | $4,714,760 |
Elcam Inc St Marys, PA | $19,431,330 | $4,390,197 |
Constructive Dialogue Institute Inc New York, NY | $2,018,471 | $1,187,467 |
Oh-Go Sandusky, OH | $452,264 | $1,544,533 |
Montgomery County Foundation Inc Blue Bell, PA | $6,846,904 | $2,066,247 |
Christopher Coffland Memorial Fund Inc Timonium, MD | $647,690 | $1,477,090 |
Shekel Hakodesh Dsatmar Inc Monroe, NY | $92,066 | $1,180,269 |
Rouben And Violet Jiji Foundation Towson, MD | $13,701,428 | $480,892 |
Uwvc Foundation Inc New York, NY | $541,216 | $743,045 |
The Love Pray Peace Project Veterans Residence Drexel Hill, PA | $69,517 | $509,585 |
The Cleveland Police Foundation Cleveland, OH | $402,041 | $308,860 |
Women For Economic And Leadership Development Westerville, OH | $526,843 | $678,319 |