Educational Foundation Of The Rotary Club Of Asheboro Nc Inc
- Assets
- $4.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Asheboro, NC
- Founding
- 05/1987
- Data as of
- 06/2022
- EIN
- 58-1664212
Organization Overview
Educational Foundation Of The Rotary Club Of Asheboro Nc Inc is located in Asheboro, NC. The organization was established in 1987. 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. Educational Foundation Of The Rotary Club Of Asheboro NC 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 06/2022, Educational Foundation Of The Rotary Club Of Asheboro NC Inc generated $27.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $27.3k during the year ending 06/2022. While expenses have increased by 18.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Smith President | 2 | $0 | |
Dawn Morton President Elect Secretary | 1 | $0 | |
Al Laprade Past President Vice President | 0 | $0 | |
Mark Hensley Treasurer | 2 | $0 | |
Scott Allen Sargent At Arms | 1 | $0 | |
Mac Whatley Executive Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,949 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,483 |
| Other Revenue | $0 |
| Total Revenue | $27,432 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $9,505 |
| 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 | $0 |
| Total expenses | $27,319 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,612 |
| Other assets | $0 |
| Total assets | $4,612 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,612 |
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