Lemon Bay Sunrise Rotary Community Trust
- Assets
- $462.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Englewood, FL
- Founding
- 10/2001
- Data as of
- 12/2023
- EIN
- 31-6666463
Organization Overview
Lemon Bay Sunrise Rotary Community Trust is located in Englewood, FL. The organization was established in 2001. 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. Lemon Bay Sunrise Rotary Community Trust 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 12/2023, Lemon Bay Sunrise Rotary Community Trust generated $41.1k 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 (3.7%) each year. All expenses for the organization totaled $10.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.3%) 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
2023
Describe the Organization's Program Activity:
Part 3
DONATIONS TO VARIOUS YOUTH GROUPS TO MEET STATED OBJECTIVES OF TRUST
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Wampler President | 2 | $0 | |
Dennis Guzik Treasurer | 2 | $0 | |
Maurice Price Director | 2 | $0 | |
James Soravilla Director | 2 | $0 | |
Brian Baksa Director | 2 | $0 | |
Billy Kimberlin Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,438 |
| Gain or Loss | $5,075 |
| Net Income from Gaming & Fundraising | $28,562 |
| Other Revenue | $0 |
| Total Revenue | $41,075 |
| 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 | $2,050 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,500 |
| Total expenses | $10,550 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $371,496 |
| Other assets | $0 |
| Total assets | $462,834 |
| Total liabilities | $0 |
| Net assets or fund balances | $462,834 |
Grants Awarded
Over the last fiscal year, Lemon Bay Sunrise Rotary Community Trust has awarded $46,378 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS ORGANIZATIONS | | | $11,578 |
VINELAND ELEMENTARY SCHOOL | | | $17,400 |
MEALS OF HOPE | | | $17,400 |