Rotary Foundation Of Apex
- Assets
- $53.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Apex, NC
- Founding
- 07/1987
- Data as of
- 06/2021
- EIN
- 58-1741616
Organization Overview
Rotary Foundation Of Apex is located in Apex, 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. Rotary Foundation Of Apex 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 Foundation Of Apex generated $19.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $23.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 6 years. 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 |
|---|---|---|---|
Mark Simmons President Elect | 2 | $0 | |
Hl Montague Secretary | 4 | $0 | |
Donald S Mcalister President | 5 | $0 | |
David Brown Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $17,490 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $505 |
| Other Revenue | $355 |
| Total Revenue | $19,868 |
| 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 | $156 |
| Other expenses | $11,777 |
| Total expenses | $23,083 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,458 |
| Other assets | $0 |
| Total assets | $53,458 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,458 |
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