Rotary Club Of Rock Valley Foundation Inc
- Assets
- $267.9k
- Revenue
- $573.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Rock Valley, IA
- Founding
- 01/2000
- Data as of
- 06/2022
- EIN
- 39-1902725
Organization Overview
Rotary Club Of Rock Valley Foundation Inc is located in Rock Valley, IA. The organization was established in 2000. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Rotary Club Of Rock Valley Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rotary Club Of Rock Valley 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 06/2022, Rotary Club Of Rock Valley Foundation Inc generated $573.2k 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 (4.1%) each year. All expenses for the organization totaled $555.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ORGANIZATION IS TO ACT AS SPONSOR FOR THE ROCK VALLEY ROTARY FOSTER GRANDPARENT PROGRAM WHO'S PRIMARY PURPOSE IS TO PROVIDE OPPORTUNITIES FOR LOW-INCOME PERSONS AGE 60 AND OVER TO PROVIDE SUPPORTIVE SERVICES TO CHILDREN WITH SPECIAL OR EXCEPTIONAL NEEDS. THE ORGANIZATION ALSO PROVIDES CAREGIVERS AGE 60 AND OLDER FOR INFORMAL AND RESPITE CARE TO HOME BASED ELDERLY AND THEIR CAREGIVERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORSHIP OF THE ROCK VALLEY ROTARY FOSTER GRANDPARENT PROGRAM WHOSE PRIMARY PURPOSE IS TO PROVIDE OPPORTUNITIES FOR LOW INCOME PERSONS AGED 60 AND OVER TO PROVIDE SUPPORTIVE SERVICES TO CHILDREN WITH SPECIAL NEEDS OR EXCEPTIONAL NEEDS.
THE ROTARY CLUB OF ROCK VALLEY FOUNDATION, INC. ALSO PROVIDES INTERFAITH COMMUNITY WIDE VOLUNTEER CAREGIVERS AGE 60 AND OLDER IN SIOUX COUNTY FOR INFORMAL AND RESPITE CARE TO HOME BASED ELDERLY AND THEIR CAREGIVERS.
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 |
|---|---|---|---|
Larry Smit Sec/treas | Officer | $0 | |
Nicolle Samuels Vice Preside | Officer | $0 | |
Lisa Schwanke President | Officer | $0 | |
Curt Van Holland Board Member | Trustee | $0 | |
Joe Van Tol Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $519,083 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,713 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $546,796 |
| Total Program Service Revenue | $26,143 |
| Investment income | $221 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $573,160 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $120,638 |
| Pension plan accruals and contributions | $4,845 |
| Other employee benefits | $0 |
| Payroll taxes | $9,103 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,044 |
| Office expenses | $7,938 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,829 |
| Travel | $94,130 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $912 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,592 |
| Insurance | $1,360 |
| All other expenses | $3,713 |
| Total functional expenses | $555,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,744 |
| Savings and temporary cash investments | $176,726 |
| Pledges and grants receivable | $42,882 |
| 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 | $4,101 |
| Net Land, buildings, and equipment | $42,420 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $267,873 |
| Accounts payable and accrued expenses | $44,353 |
| 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 | $9,352 |
| Total liabilities | $53,705 |
| Net assets without donor restrictions | $214,168 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $267,873 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rotary Club Of Rock Valley Foundation Inc has recieved totaling $13,423.
| Awarding Organization | Amount |
|---|---|
Elderbridge Agency On Aging Mason City, IA PURPOSE: Home community based services | $7,997 |
Siouxland Community Foundation Sioux City, IA PURPOSE: GENERAL SUPPORT | $5,426 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Teammates Mentoring Program Lincoln, NE | $5,083,160 | $3,696,203 |
Teammates Mentoring Program Lincoln, NE | $6,707,192 | $2,579,923 |
Viking Youth Hockey Orland Park, IL | $358,960 | $1,230,423 |
Girls Inc Of Chicago Chicago, IL | $775,669 | $1,518,115 |
Rotary Club Of Rock Valley Foundation Inc Rock Valley, IA | $267,873 | $573,160 |
Best Friends of Neenah-Menasha In Neenah, WI | $295,778 | $397,727 |
Chicag0-Lawndale Amachi Mentoring Program Lamp Chicago, IL | $556,317 | $515,062 |
Mbsa Mundelein, IL | $250,670 | $381,652 |
Mentor North Duluth, MN | $149,076 | $351,871 |
Mentor Greater Milwaukee Inc Milwaukee, WI | $388,494 | $443,907 |
Mentor Iowa Urbandale, IA | $440,962 | $311,885 |
Kinship Of Polk County Inc Balsam Lake, WI | $396,541 | $228,462 |