Rotary International
- Assets
- $48.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kannapolis, NC
- Founding
- 09/1942
- Data as of
- 06/2022
- EIN
- 56-6042660
Organization Overview
Rotary International is located in Kannapolis, NC. The organization was established in 1942. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Rotary International is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Rotary International generated $20.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $19.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 7 years. 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
PROVIDE COMMUNITY SERVICES THROUGH SCHOLARSHIPS, SERVICE PROJECTS AND FINANCIAL SUPPORT OF LOCAL ORGANIZATIONS. SUPPORT OF INTERNATIONAL PROJECTS THROUGH ROTARY INTERNATIONAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Moore Director | 0 | $0 | |
Angelica M Deaton Treasurer | 0 | $0 | |
Kincaid Tom II Director | 0 | $0 | |
Bill Buchanan Director | 0 | $0 | |
Robert Kanofsky President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,288 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,300 |
| Other Revenue | $2,708 |
| Total Revenue | $20,296 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $7,491 |
| 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 | $8,133 |
| Total expenses | $19,042 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,936 |
| Other assets | $0 |
| Total assets | $48,936 |
| Total liabilities | $2,065 |
| Net assets or fund balances | $46,871 |
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