Rotary Club Of Lakewood Ranch Inc
- Assets
- $1.0m
- Revenue
- $161.2k
- Investments
- $277.9k
- Employees
- 0
- Location
- Lakewood Ranch, FL
- Founding
- 08/2002
- Data as of
- 06/2021
- EIN
- 65-1119411
Organization Overview
Rotary Club Of Lakewood Ranch Inc is located in Lakewood Ranch, FL. The organization was established in 2002. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rotary Club Of Lakewood Ranch 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 06/2021, Rotary Club Of Lakewood Ranch Inc generated $161.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $93.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Rotary Club Of Lakewood Ranch Inc has awarded 79 individual grants totaling $606,004. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE AN ORGANIZATION OF BUSINESS AND PROFESSIONAL LEADERS UNITED TO PROVIDE HUMANITARIAN SERVICE IN OUR COMMUNITY AND AROUND THE WORLD, PROMOTE HIGH ETHICAL STANDARDS, AND HELP TO BUILD PEACE AND GOODWILL. WE SERVE OUR COMMUNITY BY GIVING GRANTS TO OTHER LOCAL 501(C)(3) CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING FISCAL YEAR END 2021, OUR ROTARY CLUB GAVE GRANTS TO A NUMBER OF DIFFERENT CHARITABLE ORGANIZATIONS. NONE WERE OVER $5000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Adcock President | OfficerTrustee | 5 | $0 |
Christi Womack Villalobos Past President | OfficerTrustee | 5 | $0 |
Jim Wingert Treasurer | OfficerTrustee | 5 | $0 |
Mark Midyett President Elect | OfficerTrustee | 5 | $0 |
Paul Oakes Secretary | OfficerTrustee | 5 | $0 |
Christopher Fils Vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $59,830 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,951 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,781 |
| Total Program Service Revenue | $39,349 |
| Investment income | $9,240 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,199 |
| Net Income from Fundraising Events | -$3,309 |
| Net Income from Gaming Activities | $7,380 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $161,242 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,884 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,415 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $300 |
| Fees for services: Other | $0 |
| Advertising and promotion | $325 |
| Office expenses | $4,620 |
| Information technology | $1,063 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,149 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $331 |
| Total functional expenses | $93,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $205,621 |
| Savings and temporary cash investments | $523,090 |
| 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 | $0 |
| 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 | $277,934 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,006,645 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $311,844 |
| 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 | $2,466 |
| Total liabilities | $314,310 |
| Net assets without donor restrictions | $334,968 |
| Net assets with donor restrictions | $357,367 |
| 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 | $1,006,645 |
Grants Awarded
Over the last fiscal year, Rotary Club Of Lakewood Ranch Inc has awarded $200,000 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
Lakewood Ranch, FL PURPOSE: LITERACY | $8,000 |
Evanston, IL PURPOSE: CLEAN WATER INITIATIVE & BOOKS FOR KIDS | $8,000 |
Lakewood Ranch, FL PURPOSE: LITERACY | $8,000 |
Evanston, IL PURPOSE: CLEAN WATER INITIATIVE & BOOKS FOR KIDS | $8,000 |
Santa Barbara, CA PURPOSE: GENERAL | $7,000 |
Santa Barbara, CA PURPOSE: GENERAL | $7,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Rotary Club Of Lakewood Ranch Inc has recieved totaling $46,940.
| Awarding Organization | Amount |
|---|---|
Rotary International Sarasota, FL PURPOSE: FUNDING FOR BOOKS FOR KIDS PROMOTING LITERACY. | $34,500 |
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT | $12,371 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $69 |
Endowment Analysis
| Beg. Balance | $320,607 |
| Earnings | $36,760 |
| Ending Balance | $357,367 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Mission Systems Inc Ft Myers, FL | $7,483,097 | $11,126,012 |
Deerwood Country Club Inc Jacksonville, FL | $10,155,508 | $6,981,612 |
Archbold Expeditions Inc Venus, FL | $92,397,695 | $5,182,964 |
Reach Up Inc Tampa, FL | $1,690,303 | $4,995,945 |
Reading Edge Academy Inc Debary, FL | $6,200,470 | $4,846,330 |
Deus Spes Mea Foundation Inc Miami, FL | $23,770,835 | $1,843,877 |
Kenneth M And Sue B Henson Charitable Tr Columbus, GA | $128,427 | $4,166 |
Alabama Quality Assurance Foundation Birmingham, AL | $2,705,369 | $2,946,978 |
Adults Mankind Organization Inc Miami, FL | $649,293 | $3,052,521 |
Star Choices Inc Macon, GA | $3,954,236 | $2,942,133 |
American Academy Of Religion Inc Atlanta, GA | $12,832,858 | $1,627,436 |
Intown Community School Ics Atlanta, GA | $2,336,997 | $3,039,044 |