Merritt Island Rotary Foundation Inc is located in Merritt Island, FL. The organization was established in 1977. 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. Merritt Island Rotary 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 06/2022, Merritt Island Rotary Foundation Inc generated $4.6k 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 (14.0%) each year. All expenses for the organization totaled $6.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.8%) 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
SUPPORT FOR LOCAL AND INTERNATIONAL CHARITIES AND SCHOLARSHIPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Denise Daniel Past President | 4 | $0 | |
Gary Ledford President | 4 | $0 | |
B Eugene Burkett Treasurer | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,360 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $744 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $2,494 |
Other Revenue | $0 |
Total Revenue | $4,598 |
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 | $250 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $687 |
Total expenses | $6,432 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $26,467 |
Other assets | $0 |
Total assets | $26,717 |
Total liabilities | $0 |
Net assets or fund balances | $26,717 |
Over the last fiscal year, we have identified 1 grants that Merritt Island Rotary Foundation Inc has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Dannon Project Birmingham, AL | $2,922,674 | $5,792,591 |
211 Tampa Bay Cares Inc Clearwater, FL | $2,619,145 | $5,287,939 |
Heart Of Ga Community Action Council Inc Warner Robins, GA | $1,148,335 | $3,700,784 |
Community Assistance Center Inc Atlanta, GA | $5,646,342 | $4,660,397 |
Mt Olive Community Outreach Center Inc Albany, GA | $5,405,895 | $2,935,637 |
Crisis Services Of North Alabama Huntsville, AL | $1,726,026 | $2,795,919 |
Anna Maria Island Lodge 2188 Loyal Order Of Moose Bradenton Beach, FL | $5,635,764 | $2,307,558 |
Leadership Florida Statewide Community Foundation Inc Tallahassee, FL | $4,479,499 | $2,568,005 |
Georgia Mountain Womens Center Inc Cornelia, GA | $2,086,462 | $1,989,958 |
Johns Island Community Service League Vero Beach, FL | $3,149,247 | $2,126,679 |
Project Safe Inc Athens, GA | $2,591,445 | $1,791,637 |
The Heritage Foundation Inc Thomasville, GA | $962,718 | $1,646,670 |