Willoughby Rotary Foundation is located in Willoughby, OH. The organization was established in 1996. 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. Willoughby 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 undefined, Willoughby Rotary Foundation generated $9.0k 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 (16.8%) each year. All expenses for the organization totaled $13.9k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (14.7%) 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
Describe the Organization's Program Activity:
Part 3
ISSUES GRANTS TO NON-PROFIT ORGANIZATIONS FOR SCHOLARSHIPS, CLOTHING NEED FOR NEEDY, FOOD BANKS, HOSPICES, THE ARTS, ENCOURAGES LITERACY, DRUG PROGRAMS AND AUTISM AWARDS OF COMPUTERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerry Collins President, Trustee | 0 | $0 | |
Larry Allen Trustee | 0 | $0 | |
Walter Tornstorm Treasurer, Trustee | 0 | $0 | |
Lee Turk Trustee | 0 | $0 | |
Ronald Boetger Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,613 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $2,363 |
Other Revenue | $0 |
Total Revenue | $8,976 |
Statement of Expenses | |
---|---|
Total expenses | $13,851 |
Balance Sheet | |
---|---|
Total assets | $9,740 |
Total liabilities | $0 |
Net assets or fund balances | $9,740 |
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