Ashtabula Rotary Foundation is located in Ashtabula, OH. The organization was established in 1986. 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. Ashtabula 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 06/2022, Ashtabula Rotary Foundation generated $26.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $28.1k during the year ending 06/2022. While expenses have increased by 1.1% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICE ACCOMPLISHMENTS: THE OBJECT OF ROTARY IS TO ENCORAGE AND FOSTER THE IDEAL OF SERVICE AS A BASIS OF WORTHY ENTERPRISE. THE ORGANIZATION FUNDED 2 SCHOLARSHIPS, PROVIDED DICTIONARIES TO SCHOOLS, CHRISTMAS GIFTS TO DISADVANTAGE KIDS,AND OTHER VARIOUS PROJECTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Greg Church President | 4 | $0 | |
Mary Lou Howe Treasurer | 4 | $0 | |
Ron Wilkinson Board Member | 2 | $0 | |
Bruce Schlosser Board Member | 2 | $0 | |
Louann Wilkinson Board Member | 2 | $0 | |
Mike Fedler Board Member | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $7,238 |
Interest on Savings | $0 |
Dividends & Interest | $2,192 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $14,442 |
Capital Gain Net Income | $14,442 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $2,996 |
Total Revenue | $26,868 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $4,977 |
Total operating and administrative expenses | $5,112 |
Contributions, gifts, grants paid | $22,976 |
Total expenses and disbursements | $28,088 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $22,595 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $102,089 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $124,684 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Ashtabula Rotary Foundation has awarded $22,976 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
ASHTABULA COUNTY EDUCATIONAL SERVICE CENTER PURPOSE: SENSORY PATHWAY | $6,658 |
Ashtabula, OH PURPOSE: UPGRADE TECHNOLOGY AND COMMUNICATION OUTREACH | $5,000 |
ASHTABULA YMCA PURPOSE: PROGRAMMING COSTS | $2,500 |
Evanston, IL PURPOSE: GENERAL | $1,040 |
ALZHEIMERS ASSOCIATION PURPOSE: SUPPORT OF ASHTABULA ALZHEIMERS WALK | $1,000 |
KINGSVILLE LIBRARY PURPOSE: SUMMER READING PROGRAM | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Community Alliance Of The Far Eastside Inc Indianapolis, IN | $9,902,468 | $9,126,970 |
Free & Accepted Masons Of Michigan Alma, MI | $47,943,242 | $7,888,880 |
Catholic Social Services Of Washtenaw County Ann Arbor, MI | $4,777,711 | $6,106,159 |
Catholic Charities Regional Agency Youngstown, OH | $2,846,524 | $4,246,724 |
Rotary Charities Of Traverse City Traverse City, MI | $45,678,942 | $4,227,513 |
Boys & Girls Club Of Toledo Toledo, OH | $19,991,567 | $2,562,088 |
Benevolent & Protective Order Of Elks Of The Usa Hamilton, OH | $2,231,576 | $2,178,294 |
Traverseconnect Traverse City, MI | $2,790,788 | $2,568,804 |
Frances Bean Vair Testamentary Trust Pittsburgh, PA | $39,241,992 | $2,739,440 |
Women In Need Inc Chambersburg, PA | $4,631,933 | $2,325,039 |
Miami County Community Action Council Troy, OH | $618,575 | $1,923,003 |
Lexington Lodge No 2511 Loyal Order Of Moose Lexington, OH | $283,098 | $1,976,113 |