Marshfield Rotary Foundation Inc
- Assets
- $235.6k
- Revenue
- $59.7k
- Investments
- $169.6k
- Employees
- 0
- Location
- Marshfield, WI
- Founding
- 11/1988
- Data as of
- 06/2023
- EIN
- 39-1617353
Organization Overview
Marshfield Rotary Foundation Inc is located in Marshfield, WI. The organization was established in 1988. 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. Marshfield 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 06/2023, Marshfield Rotary Foundation Inc generated $59.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $59.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE SERVICE TO OTHERS, PROMOTE INTEGRITY, AND ADVANCE WORLD UNDERSTANDING, GOODWILL, AND PEACE THROUGH OUR FELLOWSHIP OF BUSINESS, PROFESSIONAL, AND COMMUNITY LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROTARY WINTER WONDERLAND: OVER 50,000 FOOD ITEMS WERE COLLECTED TO BE DISTRIBUTED TO THE NEEDY. MANY PEOPLE VOLUNTEER THEIR TIME TO HELP IN THIS UNDERTAKING.
GENERAL: THE AREA IS A COMMUNITY OF 50,000 PEOPLE. FOR A BETTER LIFESTYLE IN THE AREA AND THE WORLD.
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 |
|---|---|---|---|
Roberta Devetter Director | Trustee | 1 | $0 |
Jane Wagner Director | Trustee | 1 | $0 |
Becky Huebner-Leu Director | Trustee | 1 | $0 |
Teri Wilczek Director | Trustee | 1 | $0 |
Sheri Meissner Director | Trustee | 1 | $0 |
Stacey Schultz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $44,800 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,137 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,937 |
| Total Program Service Revenue | $0 |
| Investment income | $3,645 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,407 |
| Net Income from Fundraising Events | -$6,268 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $59,721 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $56,000 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,322 |
| 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 | $0 |
| Total functional expenses | $59,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,976 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other securities | $169,599 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $235,575 |
| 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 | $235,575 |
| Total liabilities and net assets/fund balances | $235,575 |
Grants Awarded
Over the last fiscal year, Marshfield Rotary Foundation Inc has awarded $35,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SOUP OR SOCKS PURPOSE: FOOD DONATION | $15,000 |
ST VINCENT DEPAUL FOOD PANTRY PURPOSE: FOOD DONATION | $15,000 |
UNITED WAY NOW PURPOSE: FOOD DONATION | $5,000 |