Souhegan Valley Happy Hour Rotary Club Foundation
- Assets
- $246.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashua, NH
- Founding
- 12/2014
- Data as of
- 06/2022
- EIN
- 47-1867257
Organization Overview
Souhegan Valley Happy Hour Rotary Club Foundation is located in Nashua, NH. The organization was established in 2014. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Souhegan Valley Happy Hour Rotary Club 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, Souhegan Valley Happy Hour Rotary Club Foundation generated $90.3k 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 (15.3%) each year. All expenses for the organization totaled $35.1k 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
COMMITTING TIME AND DISTRIBUTING FINANCIAL RESOURCES TO LOCAL AREA CHARITIES THAT HELP BETTER THE GREATER NASHUA, NH COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evan Lowry President | 1 | $0 | |
Shaun Nelson Past President | 1 | $0 | |
Bob Moore Secretary | 1 | $0 | |
Chris Bergeron Treasurer | 1 | $0 | |
Krishna Mangipudi Grants Director | 1 | $0 | |
Carolyn Choate Membership Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,699 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,104 |
| Gain or Loss | $1,498 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,301 |
| 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 | $1,780 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,414 |
| Total expenses | $35,147 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $131,344 |
| Other assets | $0 |
| Total assets | $246,469 |
| Total liabilities | $0 |
| Net assets or fund balances | $246,469 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Souhegan Valley Happy Hour Rotary Club Foundation has recieved totaling $41.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $41 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Southern Maine Foundation Portland, ME | $53,917,918 | $17,054,045 |
Concrete Foundation Inc Craftsbury Common, VT | $101,088,945 | $16,269,821 |
Montshire Museum Of Science Norwich, VT | $18,203,770 | $4,178,719 |
Cooperative Fund Of New England Inc Watertown, MA | $43,843,231 | $2,931,121 |
Rodman For Kids Inc Foxborough, MA | $1,043,014 | $2,731,419 |
Bridges Impact Foundation Boston, MA | $482,504 | $401,774 |
Crawford Idema Fam Foundation Inc Concord, MA | $7,166,597 | $615,407 |
Adaptiv Inc Beverly, MA | $271,240 | $462,023 |
Gerald & Judith Feldman Charitable Foundation Canton, MA | $5,602,877 | $347,277 |
El Buen Samaritano Food Program Inc Worcester, MA | $34,075 | $304,125 |
Spur Inc Marblehead, MA | $302,117 | $302,232 |
Heart Warrior Foundation Winchendon, MA | $85,676 | $173,438 |