Rotary Club Of Downtown Wilmington Foundation is located in Wilmington, NC. The organization was established in 2014. 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. Rotary Club Of Downtown Wilmington 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, Rotary Club Of Downtown Wilmington Foundation generated $83.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $82.7k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
WE DONATED $79,280 TO A VARIETY OF NATIONAL AND INTERNATIONAL ORGANIZATIONS, INCLUDING FOR UKRAINIAN REFUGEES, LIFT UP THE VULNERABLE (SUDAN), WILMINGTON BOYS AND GIRLS HOME, KIDS MAKING IT, ST. MARY'S DENTAL CLINIC, FRIENDS OF SOLID'AFRICA, SHELTERBOX USA, NORTHSIDE FOOD COOP, MAUI (FIRE) RELIEF FUND, THEATRE FOR ALL, CAPE FEAR COMMUNITY COLLEGE, AND LITERACY PROGRAMS FOR SIX ELEMENTARY SCHOOLS. ONE OF BIGGEST ANNUAL DONATION RECIPIENTS IS OUR LEGACY PROJECT, WILLISTON MIDDLE SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terry Smith President | 1 | $0 | |
Larry Sackett Treasurer | 1 | $0 | |
Susan Mixon Harrell Secretary | 1 | $0 | |
Laura Lisle Board Member | 1 | $0 | |
Tiffany Kitchen Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,735 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2,698 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $75,381 |
Other Revenue | $0 |
Total Revenue | $83,814 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,408 |
Total expenses | $82,688 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $191,729 |
Other assets | $0 |
Total assets | $191,729 |
Total liabilities | $0 |
Net assets or fund balances | $191,729 |