Rotary International is located in Flower Mound, 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 12/2021, Rotary International generated $43.9k 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 (18.0%) each year. All expenses for the organization totaled $72.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
GRANTS LOCALLY AND INTERNATIONALLY TO NONPROFITS AND OTHER ROTARY PARTNERS.
GRANTS LOCALLY AND INTERNATIONALLY TO NONPROFITS AND OTHER ROTARY PARTNERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sheldon Connell President | 5 | $0 | |
Sean Kelleher Past-President | 2 | $0 | |
Thomas White President Elect | 2 | $0 | |
Stacey Maness Treasurer | 3 | $0 | |
Mary Jacoby Secretary | 3 | $0 | |
Gerald Robinson Foundation Chair | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,424 |
Total Program Service Revenue | $0 |
Membership dues | $36,481 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $43,905 |
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 | $11,921 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,433 |
Other expenses | $9,682 |
Total expenses | $72,314 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $46,465 |
Other assets | $0 |
Total assets | $46,465 |
Total liabilities | $938 |
Net assets or fund balances | $45,527 |
Over the last fiscal year, Rotary International has awarded $48,775 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
ROTARY FOUNDATION PURPOSE: PROVIDE SERVICES | $37,075 |
INTERFAITH PURPOSE: SUPPORT OPERATION | $6,700 |
LEWISVILLE EDUCATION FOUNDATION PURPOSE: SCHOLARSHIP | $5,000 |