Sunrise Rotary Scholarship Foundation Inc
- Assets
- $286.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Geronimo, TX
- Founding
- 04/1995
- Data as of
- 06/2023
- EIN
- 74-2739712
Organization Overview
Sunrise Rotary Scholarship Foundation Inc is located in Geronimo, TX. The organization was established in 1995. 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. Sunrise Rotary Scholarship Foundation Inc 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 06/2023, Sunrise Rotary Scholarship Foundation Inc generated $73.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $50.2k during the year ending 06/2023. While expenses have increased by 33.1% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Schievelbein President | 10 | $0 | |
Mark Porter Secretary | 10 | $0 | |
Dennis Clarkson Treasurer | 10 | $0 | |
Linda Riley Director | 5 | $0 | |
Rissa Springs Director | 5 | $0 | |
Allen Spencer Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $31,649 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,147 |
| Other Revenue | $0 |
| Total Revenue | $73,796 |
| 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 | $1,380 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,850 |
| Total expenses | $50,205 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $286,788 |
| Other assets | $0 |
| Total assets | $286,788 |
| Total liabilities | $53,873 |
| Net assets or fund balances | $232,915 |