Galesburg Rotary Club Foundation
- Assets
- $347.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Galesburg, IL
- Founding
- 09/2006
- EIN
- 38-3703565
Organization Overview
Galesburg Rotary Club Foundation is located in Galesburg, IL. The organization was established in 2006. 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. Galesburg Rotary Club 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, Galesburg Rotary Club Foundation generated $93.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $31.3k during the year ending undefined. While expenses have increased by 14.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
TO USE FUNDS EXCLUSIVELY FOR EDUCATION, CHARITABLE, SCIENTIFIC OR LITERACY PURPOSES; PROVIDE EDUCATIONAL ADVANTAGES, OPPORTUNITIES AND FACILITIES THRUOUGH GRANTS, LOANS OR SCHOLARSHIPS TO WORTHY OR NEEDY STUDENTS; MAKE PROVISIONS FOR EXCHANGE OF STUDENTS OF FOREIGN COUNTRIES AND THE UNITED STATES; TO ASSIST, ENCOURAGE AND PROMOTE OTHER EDUCATIONAL OR CHARITABLE PURPOSES; PROVIDE GRANTS TO OTHER ORGANIZED FOR AND OPERATED EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE, SCIENTIFIC OR LITERARY PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Vancil Treasurer | 0 | $0 | |
Mike Godsil Secretary | 0 | $0 | |
Subbia Jagannathan Director | 0 | $0 | |
Richard Lindstrom Director | 0 | $0 | |
Marvin Dahlberg Director | 0 | $0 | |
Trent Cox Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,563 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $52,321 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,884 |
| Statement of Expenses | |
|---|---|
| Total expenses | $31,312 |
| Balance Sheet | |
|---|---|
| Total assets | $347,592 |
| Total liabilities | $0 |
| Net assets or fund balances | $347,592 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Galesburg Rotary Club Foundation has recieved totaling $6,886.
| Awarding Organization | Amount |
|---|---|
National Association For The Exchange Of Industrial Resources I Galesburg, IL PURPOSE: CARE OF ILL, NEEDY, OR MINOR | $6,886 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Project Of The Quad Cities Moline, IL | $3,042,917 | $9,742,206 |
Community Alliance Of The Far Eastside Inc Indianapolis, IN | $9,902,468 | $9,126,970 |
Hoosier Christian Village Inc St Louis, MO | $24,285,430 | $9,852,963 |
Industrial Council Of Nearwest Chicago Chicago, IL | $18,846,941 | $7,031,368 |
Sinai Community Institute Inc Chicago, IL | $7,576,999 | $4,670,688 |
Commercial Club Foundation Chicago, IL | $3,172,793 | $4,783,742 |
Restoration Ministries Inc Harvey, IL | $5,151,595 | $4,978,961 |
Zinzendorf Hall Inc Watertown, WI | $13,448,322 | $5,812,562 |
Variety The Childrens Charity Of St Louis Saint Louis, MO | $8,158,617 | $3,926,040 |
Cornerstone Community Outreach Chicago, IL | $3,194,643 | $4,257,655 |
Central States Ser Jobs For Progress Inc Chicago, IL | $884,787 | $3,846,900 |
Family Self Help Center Inc Joplin, MO | $3,119,905 | $4,011,344 |