Rotary International
- Assets
- $140.2k
- Revenue
- $272.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Shreveport, LA
- Founding
- 09/1942
- Data as of
- 06/2023
- EIN
- 72-0304248
Organization Overview
Rotary International, operating under the name Rotary Club Of Shreveport, is located in Shreveport, LA. 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 Club Of Shreveport 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 06/2023, Rotary Club Of Shreveport generated $272.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $253.0k during the year ending 06/2023. While expenses have increased by 1.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH BUSINESS RELATIONSHIPS, WE LEAD THE COMMUNITY THROUGH GOOD WORKS AND INITIATIVES TO IMPROVE THE WELLBEING OF OUR NEIGHBORS, COMMUNITIES, AND OUR WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROTARY CLUB OFFERS ITS MEMBERS OPPORTUNITIES FOR ENRICHMENT IN THE COMMUNITY AND CIVIC SERVICES; GOALS ACHIEVED BY WEEKLY PROGRAMS AND LOCAL SERVICE PROJECTS, GRANTS TO FUND LOCAL PROJECTS OF NON-PROFIT ORGANIZATIONS, AND SCHOLARSHIPS. ONE MAJOR PROJECT IS THE DISTRICT GRANT AWARDED TO THE RENESTING PROJECT, INC. TO PURCHASE NEW MATTRESSES AND FRAMES FOR FAMILIES (MOSTLY WOMEN AND CHILDREN) AND INDIVIDUALS TRANSITIONING FROM HOMELESSNESS TO PERMANENT HOUSING OR THOSE IN HOUSING THAT DO NOT HAVE BEDS. THE GRANT FUNDING PURCHASED 26 NEW MATTRESSES AND FRAMES FOR INDIVIDUALS WHO CANNOT AFFORD TO PURCHASE THESE ITEMS ON THEIR OWN DUE TO SEVERE LIFE SITUATIONS. ADDITIONAL PROJECTS DURING THE FISCAL TAX YEAR INCLUDED PARTICIPATION IN THE 4H JR. LIVESTOCK SHOW FOR FUNDS TO GO TOWARDS THE 4H STUDENT'S SCHOLARSHIP, AS WELL AS OTHER SMALL COMMUNITY PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Elliot Director | Trustee | 2 | $0 |
Jarron Horton Director | Trustee | 2 | $0 |
Debra Williams Director | Trustee | 2 | $0 |
Tim Quinn Director | Trustee | 2 | $0 |
Chris Holoman Director | Trustee | 2 | $0 |
Kristen Powers Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $235,604 |
| Fundraising events | $0 |
| Related organizations | $10,316 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $247,920 |
| Total Program Service Revenue | $21,283 |
| Investment income | $2,923 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $272,126 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,850 |
| Grants and other assistance to domestic individuals. | $13,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $46,609 |
| Compensation of current officers, directors, key employees. | $9,322 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,635 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,327 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $127 |
| Advertising and promotion | $0 |
| Office expenses | $735 |
| Information technology | $5,577 |
| Royalties | $0 |
| Occupancy | $1,750 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $109,169 |
| Interest | $0 |
| Payments to affiliates | $29,166 |
| Depreciation, depletion, and amortization | $177 |
| Insurance | $706 |
| All other expenses | $340 |
| Total functional expenses | $253,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,323 |
| Savings and temporary cash investments | $0 |
| 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 | $4,156 |
| Net Land, buildings, and equipment | $765 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $140,244 |
| Accounts payable and accrued expenses | $6,413 |
| Grants payable | $0 |
| Deferred revenue | $66,150 |
| 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 | $72,563 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $67,681 |
| Total liabilities and net assets/fund balances | $140,244 |
Grants Awarded
Over the last fiscal year, Rotary International has awarded $33,719 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COMMON GROUND COMMUNITY INC PURPOSE: TO SUPPORT THE BRAIN BUS PROJECT | $23,719 |
SHREVEPORT-BOSSIER RESCUE MISSION PURPOSE: TO PROVIDE FUNDING FOR THE LIFE RECOVERY PROGRAM | $5,000 |
NORWELA COUNCIL INC BOY SCOUTS OF AMERICA PURPOSE: TO FUND PURCHASE OF GAS CONVECTION OVEN FOR THE KINSEY SCOUT RESERVATION | $5,000 |