Sedro-Woolley Rotary Foundation
- Assets
- $430.4k
- Revenue
- $188.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Sedro Woolley, WA
- Founding
- 05/2013
- Data as of
- 06/2024
- EIN
- 46-1925883
Organization Overview
Sedro-Woolley Rotary Foundation is located in Sedro Woolley, WA. The organization was established in 2013. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sedro-Woolley 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 06/2024, Sedro-Woolley Rotary Foundation generated $188.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $134.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sedro-Woolley Rotary Foundation has awarded 19 individual grants totaling $260,154. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
CONTRIBUTE TO YOUTH PROGRAMS, COMMUNITY CAPITAL IMPROVEMENTS, AND ROTARY WORLD UNDERSTANDING PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH - CONTRIBUTE TO YOUTH PROGRAMS IN THE COMMUNITY AND GIVE SCHOLARSHIPS TO GRADUATING SENIORS.
COMMUNITY SERVICE - DONATIONS TO CAPITAL IMPROVEMENTS OF PUBLIC FACILITIES
ROTARY WORLD UNDERSTANDING PROJECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristine Kilcup President | OfficerTrustee | 2 | $0 |
Ruth Richardson President El | OfficerTrustee | 2 | $0 |
Phil Brockman Past Preside | OfficerTrustee | 1 | $0 |
Sheena Burns Secretary | OfficerTrustee | 3 | $0 |
Steve Huggins Treasurer | OfficerTrustee | 2 | $0 |
Rebecca Skrinde Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,615 |
| Noncash contributions included in lines 1a–1f | $250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,615 |
| Total Program Service Revenue | $0 |
| Investment income | $5,769 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $169,471 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $188,855 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,997 |
| Grants and other assistance to domestic individuals. | $43,000 |
| 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 | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $397 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $560 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $225 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $134,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $420,666 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,750 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $430,416 |
| 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 | $430,416 |
| Total liabilities and net assets/fund balances | $430,416 |
Grants Awarded
Over the last fiscal year, Sedro-Woolley Rotary Foundation has awarded $18,433 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BAJA BRIDGES | | | $8,000 |
INTERNATIONAL PROJECT ALLIANCE | | | $10,433 |