Rotary International is located in Louisville, KY. The organization was established in 1958. 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 06/2020, Rotary International generated $446.8k 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 (4.2%) each year. All expenses for the organization totaled $453.8k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A FELLOWSHIP OF INSPIRED BUSINESS PROFESSIONALS AND LEADERS THE OPPORTUNITY TO PROVIDE GOODWILL ON A LOCAL, NATIONAL, AND WORLDWIDE BASIS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES A FORUM FOR BUSINESS, PROFESSIONAL AND COMMUNITY LEADERS TO BECOME ACQUAINTED IN ORDER TO PROVIDE SERVICE TO OTHERS, PROMOTE HIGH ETHICAL STANDARDS AND ADVANCE AN INTERNATIONAL UNDERSTANDING OF GOODWILL AND PEACE. NEWSLETTER ISSUED WEEKLY AND CONTAINS INFORMATION ON UPCOMING MEETINGS INCLUDING DATES, TIMES, AND SPEAKER BIOGRAPHIES. NEWSLETTERS ARE MAILED AND E-MAILED. A COPY IS ALSO MAINTAINED ON THE WEBSITE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alyssa Evans-Tourinho Executive Director | Officer | 35 | $62,988 |
Jean West Losavio President Elect | OfficerTrustee | 0.1 | $0 |
Tony Coffey Treasurer | OfficerTrustee | 0.1 | $0 |
Julie Schmidt President | OfficerTrustee | 0.1 | $0 |
Chris Whelan Secretary | OfficerTrustee | 0.1 | $0 |
John Jennings Vice President | OfficerTrustee | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $8 |
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 | $446,811 |
Statement of Expenses | |
---|---|
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. | $62,988 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $51,895 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,894 |
Payroll taxes | $5,627 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $10,007 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $17,168 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $46,152 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,786 |
Insurance | $2,163 |
All other expenses | $0 |
Total functional expenses | $453,759 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $63,789 |
Savings and temporary cash investments | $66,080 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,540 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $9,435 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $20,000 |
Total assets | $163,332 |
Accounts payable and accrued expenses | $49,274 |
Grants payable | $0 |
Deferred revenue | $3,997 |
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 | $1,973 |
Total liabilities | $55,244 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $108,088 |
Organization Name | Assets | Revenue |
---|---|---|
Rotary International Evanston, IL | $194,654,881 | $96,362,213 |
Strada Education Network Inc Indianapolis, IN | $1,671,156,809 | $181,933,523 |
Cleveland Bakers Local No 19 Health And Welfare Fund Valley View, OH | $91,809,793 | $61,981,646 |
International Association Of Lions Clubs Oak Brook, IL | $209,434,392 | $68,740,162 |
East Tenn Human Resource Agency Inc Knoxville, TN | $20,466,958 | $48,339,274 |
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Gateway Community Services West Liberty, KY | $5,832,121 | $17,974,926 |
Kiwanis International Inc Indianapolis, IN | $39,067,168 | $19,372,757 |
Council On Rural Service Programs Inc Piqua, OH | $7,966,043 | $16,270,478 |
East Missouri Action Agency Inc Park Hills, MO | $6,519,330 | $14,431,185 |
Peoples Resource Center Wheaton, IL | $11,624,824 | $14,489,395 |
Hope House Foundation Inc Norfolk, VA | $8,074,708 | $12,111,448 |