Northlake Mandeville Rotary Foundation

Organization Overview

Northlake Mandeville Rotary Foundation is located in Mandeville, LA. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northlake Mandeville 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 06/2022, Northlake Mandeville Rotary Foundation generated $59.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $48.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE COLLEGE SCHOLARSHIP AWARDS. DONATIONS TO LOCAL NONPROFIT ORGANIZATIONS AND OTHER NONPROFIT ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COLLEGE SCHOLARSHIPS AND AWARDS TO 9 STUDENTS, ALL OF WHOM ARE UNRELATED TO ANY DONOR OR MEMBER OF NORTHLAKE MANDEVILLE ROTARY CLUB.


CHARITABLE CONTRIBUTIONS TO SUPPORT COMMUNITY PROJECTS. CHILDREN AND FAMILY SERVICES, VETERANS, AND STUDENT SUPPORT. SUPPORT ROTARY INTERNATIONAL FDN AND INTERNATIONAL PURPOSES INCLUDING POLIO ERADICATION.


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Board, Officers & Key Employees

Name (title)Compensation
Larry Burch
President
$0
Rusty Sexton
Director
$0
Kathy Smith
Director
$0
Sam Camp
Director
$0
Russell Penzato
Director
$0
Boyd Mcphail
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$42,675
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$42,675
Total Program Service Revenue$0
Investment income $13,552
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $3,611
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $59,838

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