Youngstown Rotary Foundation Inc
- Assets
- $1.2m
- Revenue
- $209.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 04/1967
- Data as of
- 06/2021
- EIN
- 34-6581125
Organization Overview
Youngstown Rotary Foundation Inc is located in Columbus, OH. The organization was established in 1967. According to its NTEE Classification (S82) the organization is classified as: Mens 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. Youngstown Rotary Foundation Inc 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 06/2021, Youngstown Rotary Foundation Inc generated $209.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $243.3k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Youngstown Rotary Foundation Inc has awarded 18 individual grants totaling $358,232. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
YOUNGSTOWN ROTARY FDN SUPPORTS COMMUNITY DEVELOPMENT AND EFFORTS IN THE YOUNGSTOWN, OHIO AREA BASED ON ROTARY INTERNATIONAL IDEALS OF ENCOURAGING AND FOSTERING SERVICE FOR COMMUNITY DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SUPPORT FOR THE ROTARY CLUB OF YOUNGSTOWN AND ROTARY INTERNATIONAL
PROVIDING SUPPORT FOR LOCAL CHARITIES IN THE YOUNGSTOWN AREA.
PROVIDING SUPPORT FOR STUDENTS ATTENDING YOUNGSTOWN AREA SCHOOLS AND UNIVERSITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deanna Rossi Secretary | OfficerTrustee | 1 | $0 |
George Nelson Treasurer | OfficerTrustee | 1 | $0 |
Samantha Turner President | OfficerTrustee | 2 | $0 |
Sharon Letson Vice President | OfficerTrustee | 1 | $0 |
Dave Stillwagon Immediate Past President | OfficerTrustee | 1 | $0 |
Joshua Prest President Elect | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $9,200 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,136 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,336 |
| Total Program Service Revenue | $0 |
| Investment income | $26,613 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $144,782 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $209,731 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $235,613 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,698 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $200 |
| Total functional expenses | $243,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,963 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,158,335 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,166,298 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,166,298 |
| Total liabilities and net assets/fund balances | $1,166,298 |
Grants Awarded
Over the last fiscal year, Youngstown Rotary Foundation Inc has awarded $208,023 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
YOUNGSTOWN STATE UNIVERSITY PURPOSE: PROVIDING STUDENT AWARDS AND SCHOLARSHIP PROGRAMS FOR YOUNGSTOWN AREA SCHOOLS. | $155,000 |
OPERATION WARM PURPOSE: VARIOUS CASH DONATIONS TO THE FOUNDATION AND OPERATIONS SPECIFICALLY RUN IN YOUNGSTOWN OHIO. | $21,550 |
Youngstown, OH PURPOSE: TO PROVIDE SUPPORT FOR REVITALIZATION OF YOUNGSTOWN, OHIO. | $15,473 |
Youngstown, OH PURPOSE: TO PROVIDE SUPPORT FOR OPERATIONS IN YOUNGSTOWN, OHIO. | $10,000 |
Youngstown, OH PURPOSE: TO PROVIDE SUPPORT FOR OPERATIONS OF THE CLUB IN YOUNGSTOWN, OHIO. | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Youngstown Rotary Foundation Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Charles E And Alice B Schmutz Charitable Foundation St Louis, MO PURPOSE: OPERATION WARM | $1,000 |
Charles E And Alice B Schmutz Charitable Foundation St Louis, MO PURPOSE: OPERATION WARM | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scottish Rite Of Indianapolis Foundation Inc Indianapolis, IN | $0 | $534,028 |
Honorable Order Of Kentucky Colonels Inc Louisville, KY | $20,472,188 | $3,774,310 |
Old Newsboys Goodfellow Fund Of Detroit Detroit, MI | $8,440,677 | $1,875,138 |
Grand Chapter Of Pennsylvania Order Of The Eastern Star Inc Elizabethtown, PA | $1,833,616 | $1,345,024 |
Benevolent & Protective Order Of Elks Of The Usa Grand Blanc, MI | $2,262,530 | $1,314,345 |
Kiwanis Club Of Ann Arbor Ann Arbor, MI | $4,286,602 | $1,395,176 |
Ann Arbor Womens City Club Ann Arbor, MI | $2,025,989 | $867,391 |
Rotary Foundation Of Cincinnati Cincinnati, OH | $8,066,973 | $724,051 |
Knights Of Columbus Lorain Columbian Club Lorain, OH | $184,826 | $389,207 |
Youngstown Rotary Foundation Inc Columbus, OH | $1,166,298 | $209,731 |
Cathedral Foundation New Castle, PA | $1,802,473 | $114,524 |
Locking Arms Men Bridgeville, PA | $44,857 | $245,795 |