Rotary International
- Assets
- $142.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Galveston, TX
- Founding
- 09/1942
- Data as of
- 06/2022
- EIN
- 74-1927447
Organization Overview
Rotary International is located in Galveston, TX. 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 06/2022, Rotary International generated $64.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $54.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
ROTARY SERVICE PROJECTS - CONTRIBUTED TO VARIOUS LOCAL, U.S. AND INTERNATIONAL SERVICE PROJECTS SPONSORED BY ROTARY INTERNATIONAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Walsh CPA Treasurer | 0 | $0 | |
Sharon O'connor President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,748 |
| Total Program Service Revenue | $0 |
| Membership dues | $48,322 |
| Investment income | $154 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,364 |
| Other Revenue | $0 |
| Total Revenue | $64,588 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $31,079 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $675 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,358 |
| Total expenses | $54,644 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,762 |
| Other assets | $0 |
| Total assets | $142,762 |
| Total liabilities | $0 |
| Net assets or fund balances | $142,762 |
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