Rotary International
- Assets
- $30.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lewis Center, OH
- Founding
- 09/1942
- Data as of
- 06/2024
- EIN
- 71-0865557
Organization Overview
Rotary International is located in Lewis Center, OH. The organization was established in 1942. 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 06/2024, Rotary International generated $40.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $36.4k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE OBJECT OF ROTARY IS TO ENCOURAGE AND FOSTER THE IDEAL OF SERVICE AS A BASIS OF WORTHY ENTERPRISE AND, IN PARTICULAR, TO ENCOURAGE AND FOSTER: FIRST: THE DEVELOPMENT OF ACQUAINTANCE AS AN OPPORTUNITY FOR SERVICE; SECOND: HIGH ETHICAL STANDARDS IN BUSINESS AND PROFESSIONS, THERECOGNITION OF THE WORTHINESS OF ALL USEFUL OCCUPATIONS, AND THE DIGNIFYING OF EACH ROTARIAN'S OCCUPATION AS AN OPPORTUNITY TO SERVE SOCIETY; THIRD: THE APPLICATION OF THE IDEAL OF SERVICE IN EACH ROTARIAN'S PERSONAL, BUSINESS AND COMMUNITY LIFE; FOURTH: THE ADVANCEMENT OF INTERNATIONAL UNDERSTANDING, GOODWILL, AND PEACE THROUGH A WORLD FELLOWSHIP OF BUSINESS AND PROFESSIONAL PERSONS UNITED IN THE IDEAL OF SERVICE.
Describe the Organization's Program Activity:
Part 3
ONE TIME CONTRIBUTIONS FOR THE BENEFIT OF LOCAL, NATIONAL AND INTERNATIONAL AGENCIES AND INDIVIDUALS.
OPERATING COSTS AND EXPEN SES
GRANTS FOR COLLEGE SCHOLARSHIPS
WATER WELLS IN AFRICA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Deweese President | 5 | $0 | |
Jeffrey Mccuen Secretary | 4 | $0 | |
John Parisi Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,788 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,086 |
| Investment income | $1,184 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,979 |
| Other Revenue | $0 |
| Total Revenue | $40,037 |
| 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 | $18,754 |
| Total expenses | $36,407 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,244 |
| Other assets | $0 |
| Total assets | $30,244 |
| Total liabilities | $3,342 |
| Net assets or fund balances | $26,902 |