Massillon Rotary Foundation Trust
- Assets
- $2.3m
- Revenue
- $266.4k
- Investments
- $2.1m
- Employees
- 0
- Location
- Massillon, OH
- Founding
- 05/1989
- Data as of
- 12/2022
- EIN
- 34-1604220
Organization Overview
Massillon Rotary Foundation Trust is located in Massillon, OH. The organization was established in 1989. 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. Massillon Rotary Foundation 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 12/2022, Massillon Rotary Foundation Trust generated $266.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 31.9% each year . All expenses for the organization totaled $191.4k during the year ending 12/2022. While expenses have increased by 10.5% per year over the past 8 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.
Since 2014, Massillon Rotary Foundation Trust has awarded 120 individual grants totaling $896,460. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARK IMPROVEMENTS
NURSING SCHOLARSHIPS
CHILD AND ADOLSCENT BEHAVIOR HEALTH PROGRAMS
PROGRAMS COSTS
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 |
|---|---|---|---|
Marshall Weinberg Trustee | 1 | $0 | |
Joe Logan Trustee | 1 | $0 | |
Jeff Stoll Trustee | 1 | $0 | |
Jim Stanford Trustee | 1 | $0 | |
Chad Hartman Treasurer | 1 | $0 | |
Farmers Trust Co Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $152,632 |
| Interest on Savings | $10,141 |
| Dividends & Interest | $36,554 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,084 |
| Capital Gain Net Income | $67,084 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $266,411 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $368 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $621 |
| Total operating and administrative expenses | $23,969 |
| Contributions, gifts, grants paid | $167,430 |
| Total expenses and disbursements | $191,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $212,372 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,334,489 |
| 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 |
Grants Awarded
Over the last fiscal year, Massillon Rotary Foundation Trust has awarded $167,430 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
AHEAD INC PURPOSE: BEHAVIOR COACH PROGRAM THROUGH CARE TEAMS | $9,500 |
BOYS GIRLS CLUB OF MASSILLON PURPOSE: SUMMER & SCHOOL YEAR COUNSELLING SERVICES | $24,000 |
DOMESTIC VIOLENCE PROJECT INC PURPOSE: EMERGENCY & SUPPORT SERVICES | $20,000 |
MASSILLON CITY HEALTH DEPT PURPOSE: CPR ANYTIME KITS | $3,850 |
MASSILLON KINGHTS FOUNDATION PURPOSE: TWO AED MACHINES | $2,580 |
YMCA OF WESTERN STARK COUNTY PURPOSE: MEMBERSHIP SCHOLARSHIPS | $20,000 |