Kent Rotary Foundation is located in Kent, OH. The organization was established in 1984. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kent Rotary 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 06/2023, Kent Rotary Foundation generated $69.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $31.0k during the year ending 06/2023. While expenses have increased by 9.5% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND SERVE THE CHARITABLE AND EDUCATIONAL NEEDS OF THE KENT COMMUNITY AND PORTAGE COUNTY, AND TO PROMOTE AND SUPPORT THE ROTARY CLUB OF KENT AND ITS CHARITABLE PROJECTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carol Crimi President | 2 | $0 | |
Matthew Carroll Treasurer | 2 | $0 | |
Lauren Talion Secretary | 2 | $0 | |
Jim Bear Director | 1 | $0 | |
Nancy Whitehead Director | 1 | $0 | |
Roger Sidoti Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $24,412 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $12,274 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $32,636 |
Other Revenue | $0 |
Total Revenue | $69,322 |
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 | $2,680 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $380 |
Total expenses | $31,041 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $479,080 |
Other assets | $0 |
Total assets | $479,080 |
Total liabilities | $0 |
Net assets or fund balances | $479,080 |