Georgia Rotary Student Program Inc
- Assets
- $224.0k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Savannah, GA
- Founding
- 07/2018
- Data as of
- 06/2022
- EIN
- 58-6032415
Organization Overview
Georgia Rotary Student Program Inc is located in Savannah, GA. The organization was established in 2018. According to its NTEE Classification (Q22) the organization is classified as: International Academic Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Georgia Rotary Student Program Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Rotary Student Program 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, Georgia Rotary Student Program Inc generated $1.0m 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 (6.3%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE WORLD PEACE AND UNDERSTANDING THROUGH THE MEANS OF EDUCATION. WE OFFER SCHOLARSHIPS TO INTERNATIONAL STUDENTS AGES 18-25 TO COME AND STUDY AT THE UNIVERSITY LEVEL IN THE STATE OF GEORGIA FOR ONE ACADEMIC YEAR BEGINNING IN AUGUST AND ENDING THE FOLLOWING MAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GEORGIA ROTARY STUDENT PROGRAM HAS ONE ACTIVITY - SPONSORSHIP OF INTERNATIONAL STUDENTS TO STUDY IN COLLEGES AND UNIVERSITIES IN THE STATE OF GEORGIA FOR ONE ACADEMIC SCHOOL YEAR YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ian Bond Vice Chair | OfficerTrustee | 1 | $0 |
Lorri Christopher Secretary | OfficerTrustee | 1 | $0 |
Bert Guy Parliamentar | OfficerTrustee | 1 | $0 |
J Michael Sweigart Chairman | OfficerTrustee | 1 | $0 |
List Of Remaining 112 Board Members Avail Upon R | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $54,168 |
| Fundraising events | $0 |
| Related organizations | $524,560 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $445,236 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,023,964 |
| Total Program Service Revenue | $0 |
| Investment income | $12 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,023,976 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $108,050 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,457 |
| Payroll taxes | $8,836 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,149 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,000 |
| Office expenses | $9,749 |
| Information technology | $30,632 |
| Royalties | $0 |
| Occupancy | $21,821 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,442 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,638 |
| All other expenses | $140 |
| Total functional expenses | $1,020,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $40,423 |
| 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 | $183,594 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $224,018 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $6,151 |
| 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 | $6,151 |
| Net assets without donor restrictions | $34,273 |
| Net assets with donor restrictions | $183,594 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $224,018 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Georgia Rotary Student Program Inc has recieved totaling $15,080.
| Awarding Organization | Amount |
|---|---|
The Charitable Foundation Of The Atlanta, GA PURPOSE: TO SPONSOR A ROTARY STUDENT | $14,080 |
Willcox-Lumpkin Foundation Inc Columbus, GA PURPOSE: CHARITABLE | $1,000 |
Endowment Analysis
| Beg. Balance | $12,125,644 |
| Net Contributions | $331,014 |
| Ending Balance | $12,456,658 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida State University International Programs Assoc Inc Tallahassee, FL | $21,887,895 | $22,858,862 |
Georgia Rotary Student Program Inc Savannah, GA | $224,018 | $1,023,976 |
A-Keep Montgomery, AL | $569,212 | $725,009 |
Medical Education Cooperation With Cuba Decatur, GA | $774,993 | $361,532 |
Consortium For Global Education Inc Atlanta, GA | $185,862 | $432,617 |
Middle Tennessee Japan Society Nashville, TN | $229,625 | $333,404 |
American Friends Of Livnot Ulehiba Boca Raton, FL | $133,702 | $403,496 |
Crosscampus International Spartanburg, SC | $109,478 | $241,905 |
Honey Shine Inc Miami, FL | $295,087 | $282,139 |
Global Insights Inc Marietta, GA | $79,507 | $95,186 |
Spoleto Study Abroad Raleigh, NC | $1,860,795 | -$19,015 |
Mission To Japan Inc Kissimmee, FL | $104,700 | $0 |