Lake Placid Noon Rotary Club Foundation Inc
- Assets
- $166.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Placid, FL
- Founding
- 03/1998
- Data as of
- 06/2022
- EIN
- 65-0800421
Organization Overview
Lake Placid Noon Rotary Club Foundation Inc is located in Lake Placid, FL. The organization was established in 1998. 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. Lake Placid Noon 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 06/2022, Lake Placid Noon Rotary Club Foundation Inc generated $13.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $17.6k during the year ending 06/2022. 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
EACH YEAR, THE FOUNDATION AWARDS SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS. DURING THE FISCAL YEAR ENDING JUNE 30, 2022, 15 SCHOLARSHIPS WERE AWARDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Mcgee Vice President | 0.5 | $0 | |
Todd Moore Secretary | 0.5 | $0 | |
Jason Test President | 0.5 | $0 | |
Norma Rizer Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14,050 |
| Gain or Loss | -$288 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,762 |
| 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 | $1,909 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $728 |
| Total expenses | $17,637 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,779 |
| Other assets | $0 |
| Total assets | $166,779 |
| Total liabilities | $26,799 |
| Net assets or fund balances | $139,980 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lake Placid Noon Rotary Club Foundation Inc has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
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