Rossmoor Rotary Foundation
- Assets
- $989.0k
- Revenue
- $68.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Walnut Creek, CA
- Founding
- 08/1994
- Data as of
- 06/2021
- EIN
- 68-0048178
Organization Overview
Rossmoor Rotary Foundation is located in Walnut Creek, CA. The organization was established in 1994. According to its NTEE Classification (O40) the organization is classified as: Scouting, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rossmoor Rotary Foundation 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, Rossmoor Rotary Foundation generated $68.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $77.5k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Rossmoor Rotary Foundation has awarded 28 individual grants totaling $262,114. 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
CONTRIBUTIONS TO LOCAL, REGIONAL AND INTERNATIONAL CHARITABLE ACTIVITIES, IMPROVEMENTS IN THE LOCAL, ROSSMOOR, RETIREMENT COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE LIST OF ORGANIZATIONS RECEIVING GRANTS. ORGANIZATIONS RECEIVING $5,000 OR MORE ARE INCLUDED ON SCHEDULE I.
SEE LIST OF ORGANIZATIONS RECEIVING GRANTS. ORGANIZATIONS RECEIVING $5,000 OR MORE ARE INCLUDED ON SCHEDULE I.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John P King Chairman | Officer | 8 | $0 |
John M Rice Treasurer | Officer | 8 | $0 |
Paul H Wilson Secretary | Officer | 4 | $0 |
Earl C Abbe Vice Chairman | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,179 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,179 |
| Total Program Service Revenue | $0 |
| Investment income | $36,127 |
| 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 | $5,294 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $68,600 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $76,967 |
| 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 | $94 |
| 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 | $275 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $77,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,762 |
| Savings and temporary cash investments | $13,353 |
| 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 | $948,857 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $988,972 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $864,438 |
| Net assets with donor restrictions | $124,534 |
| 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 | $988,972 |
Grants Awarded
Over the last fiscal year, Rossmoor Rotary Foundation has awarded $45,814 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Walnut Creek, CA PURPOSE: Scholarships | $12,000 |
Walnut Creek, CA PURPOSE: Scholarships | $12,000 |
Walnut Creek, CA PURPOSE: General support | $10,907 |
Walnut Creek, CA PURPOSE: General support | $10,907 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rossmoor Rotary Foundation has recieved totaling $2,049.
| Awarding Organization | Amount |
|---|---|
Equitable Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $49 |
Endowment Analysis
| Beg. Balance | $119,440 |
| Earnings | $5,094 |
| Ending Balance | $124,534 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregon Tilth Inc Corvallis, OR | $12,782,768 | $8,290,953 |
David Horowitz Freedom Center Sherman Oaks, CA | $2,112,294 | $9,145,732 |
Committee On The Shelterless Petaluma, CA | $7,428,371 | $7,056,136 |
Food For Families West Sacramento, CA | $7,854,107 | $6,792,550 |
Southland Integrated Services Inc Garden Grove, CA | $21,420,063 | $9,398,395 |
Center For Volunteer And Nonprofit Leadership Of Marin San Rafael, CA | $4,514,810 | $6,197,780 |
Sierra Child And Family Services Inc Diamond Springs, CA | $1,973,733 | $6,790,922 |
National Eczema Association Novato, CA | $7,619,233 | $5,614,539 |
Network On Women In Prison Oakland, CA | $8,925,520 | $4,402,955 |
Project Sentinel Santa Clara, CA | $2,042,849 | $3,502,433 |
Comite Civico Del Valle Inc Brawley, CA | $2,680,246 | $3,151,784 |
Wilderness Youth Project Incorporated Santa Barbara, CA | $4,833,620 | $2,337,108 |