Rotary Club Of Salisbury Foundation Inc is located in Salisbury, MD. The organization was established in 2000. According to its NTEE Classification (O40) the organization is classified as: Scouting, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rotary Club Of Salisbury 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 06/2021, Rotary Club Of Salisbury Foundation Inc generated $63.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $94.5k during the year ending 06/2021. While expenses have increased by 1.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAINTENANCE OF COMMUNITY CENTER FOR USE BY CHARITABLE AND NON-PROFIT COMMUNITY ORGANIZATIONS; SUPPORT OF CHARITABLE SERVICE PROJECTS AND OTHER COMMUNITY CHARITIES; FUNCTION AS AFFILIATE OF ROTARY CLUB OF SALISBURY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE OF A COMMUNITY CENTER TO BE USED SOLELY FOR NON-PROFIT AND CHARITABLE PURPOSES TO BENEFIT SURROUNDING COMMUNITIES
SUPPORT OF CHARITABLE SERVICE PROJECTS AND OTHER COMMUNITY CHARITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Cropper President | Officer | 7 | $0 |
Dan Williams Treasurer | Officer | 2 | $0 |
Allen Brown Director | Trustee | 2 | $0 |
Kurt Schuster Director | Trustee | 2 | $0 |
Ernie Coulburn Director | Trustee | 2 | $0 |
Terry Greenwood Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $53,666 |
Investment income | $60 |
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 | $9,711 |
Miscellaneous Revenue | $0 |
Total Revenue | $63,437 |
Statement of Expenses | |
---|---|
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 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 | $1,100 |
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 | $76 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $25,420 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,121 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $94,459 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $43,816 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $445,804 |
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 |
Total liabilities and net assets/fund balances | $445,804 |
Over the last fiscal year, we have identified 1 grants that Rotary Club Of Salisbury Foundation Inc has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Community Foundation Of The Eastern Shore Inc Salisbury, MD PURPOSE: HUMAN SERVICES | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Center For Student Missions Philadelphia, PA | $607,366 | $1,976,787 |
Good Friends Inc Murrysville, PA | $91,802 | $907,082 |
Plast Ukrainian Scouting Organization Usa Jenkintown, PA | $5,619,475 | $1,941,654 |
Plast Ukrainian Scouting Organization Usa Jenkintown, PA | $1,753,486 | $455,462 |
Boy Scouts Of America Bloomsburg, PA | $2,017,788 | $633,782 |
Tuckahoe Village West Recreation Henrico, VA | $868,316 | $136,577 |
Rotary Club Of Salisbury Foundation Inc Salisbury, MD | $445,804 | $63,437 |
Louis Rothberg Memorial Scout Tr Fd Pittsburgh, PA | $775,245 | $220,934 |
Baden-Powell Service Association Inc Washington, DC | $46,651 | $0 |
Robert Bennett Tr Uw Fbo Five Rivers Council Wellsboro, PA | $313,564 | $36,709 |
Tracy L Webb Memorial Foundation Woodstock, VA | $0 | $6,890 |
Arthur King Scouts Inc Annville, PA | $0 | $1 |