Marshalltown Rotary Foundation is located in Marshalltown, IA. The organization was established in 1984. 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. Marshalltown 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 06/2022, Marshalltown Rotary Foundation generated $14.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (48.3%) each year. All expenses for the organization totaled $19.8k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS AND CHARITY FUNDING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Drager President | 0 | $0 | |
Scott Nerf Secretary | 0 | $0 | |
Gary Schaudt Director | 0 | $0 | |
Roger Groteluschen Treasurer | 0 | $0 | |
Jacque Wyant Director | 0 | $0 | |
Paul Beals Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,162 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3,842 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $14,004 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $19,807 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $19,807 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $176,981 |
Other assets | $0 |
Total assets | $176,981 |
Total liabilities | $0 |
Net assets or fund balances | $176,981 |
Over the last fiscal year, we have identified 1 grants that Marshalltown Rotary Foundation has recieved totaling $152.
Awarding Organization | Amount |
---|---|
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $152 |
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The Project Of The Quad Cities Moline, IL | $3,042,917 | $9,742,206 |
Access North Center For Independent Living Of Northeastern Minnesota Hibbing, MN | $4,421,937 | $7,763,537 |
Rural Office Of Community Services Wagner, SD | $1,371,627 | $8,326,343 |
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 |
Community Action Partnership Of Hennepin County St Louis Park, MN | $782,204 | $7,196,325 |
Headwaters Foundation For Justice Minneapolis, MN | $27,986,426 | $15,004,954 |
Species360 Minneapolis, MN | $9,065,398 | $6,225,506 |
Sinai Community Institute Inc Chicago, IL | $7,576,999 | $4,670,688 |
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Restoration Ministries Inc Harvey, IL | $5,151,595 | $4,978,961 |
Zinzendorf Hall Inc Watertown, WI | $13,448,322 | $5,812,562 |