Lagrange Rotary Club Foundation Inc
- Assets
- $8.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lagrange, KY
- Founding
- 07/2000
- Data as of
- 06/2023
- EIN
- 61-1370392
Organization Overview
Lagrange Rotary Club Foundation Inc is located in Lagrange, KY. The organization was established in 2000. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lagrange Rotary Club 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 06/2023, Lagrange Rotary Club Foundation Inc generated $17.4k 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 (10.9%) each year. All expenses for the organization totaled $15.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (9.4%) 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
2023
Describe the Organization's Program Activity:
Part 3
DURING THIS TAX YEAR THE LAGRANGE ROTARY FOUNDATION INC GAVE OUT FOUR DIFFERENT SCHOLARSHIPS TO LOCAL CHARITIES IN THE SERVICE AREA TO HELP FURTHER THEIR EFFORTS THAT BENEFIT OUR COMMUNITIES AND THOSE IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Sparrow President | 2 | $0 | |
Albert Earley President Elect | 2 | $0 | |
Margaret Horstman Secretary | 2 | $0 | |
Joyce Gordon Fletcher Vice President | 2 | $0 | |
Joshua Ransdell Tresurer | 2 | $0 | |
Blaine Anderson Asst Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,445 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,445 |
| 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 | $0 |
| Other expenses | $0 |
| Total expenses | $15,910 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,545 |
| Other assets | $0 |
| Total assets | $8,545 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,545 |