Rotary Club Of Western Fort Worth Foundation Inc
- Assets
- $303.7k
- Revenue
- $5.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 07/1993
- Data as of
- 06/2019
- EIN
- 75-2472207
Organization Overview
Rotary Club Of Western Fort Worth Foundation Inc is located in Fort Worth, TX. The organization was established in 1993. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Rotary Club Of Western Fort Worth 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 06/2019, Rotary Club Of Western Fort Worth Foundation Inc generated $5.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $23.9k during the year ending 06/2019. While expenses have increased by 12.7% per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
SERVE AS THE CHARITABLE ARM OF THE ROTARY CLUB OF WESTERN FORT WORTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIAL OLYMPICS
SCHOLARSHIPS
ROTARY YOUTH LEADERSHIP AWARDS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Molyneaux Chairman/president | OfficerTrustee | 1 | $0 |
Tom Larimore Vice Chair/vp | OfficerTrustee | 1 | $0 |
Keith Hollar Treasurer | Officer | 1 | $0 |
David Farrell Trustee | Trustee | 1 | $0 |
John Maddux Trustee | Trustee | 1 | $0 |
Ta Huston Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,300 |
| Investment income | $7,044 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,771 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,573 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $20,810 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,070 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $23,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $48,825 |
| 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 | $0 |
| Investments—publicly traded securities | $254,866 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $303,691 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $297,791 |
| Net assets with donor restrictions | $5,900 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $303,691 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rotary Club Of Western Fort Worth Foundation Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of North Texas Fort Worth, TX PURPOSE: RCWFW FOUNDATION PERMANENT CORPUS AS A RESTRICTED GIFT IN MEMORY OF DR. JAMES E. SCHROEDER, LONG-TIME MEMBER OF THE ROTARY CLUB OF WESTERN FORT WORTH, WHO PASSED AWAY FEBRUARY 13, 2020. PLEASE NOTIFY THE FAMILY OF DR. SCHROEDER OF THE MEMORIAL GIFT IN HIS | $250 |
Community Foundation Of North Texas Fort Worth, TX PURPOSE: FOR A DISTRIBUTION OF $250 FROM THAT FOUNDATION TO SHELTER BOX, A WORLD WIDE ORGANIZATION PROVIDING RELIEF SUPPLIES TO AREAS OF NATURAL OR HUMAN DISASTERS. THE GRANT IS MADE IN ADDITION TO THE | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Downtown Fort Worth Inc Fort Worth, TX | $1,699,002 | $9,582,702 |
Texas Retired Teachers Association Austin, TX | $11,866,847 | $5,873,069 |
Childrens Charity Houston, TX | $1,357,156 | $4,121,015 |
Pine-Belt Multi-Purpose Community Action Agency Incorporated Jonesboro, LA | $579,272 | $3,229,420 |
Georgetown Caring Place Georgetown, TX | $4,842,347 | $3,321,334 |
The Onestar Foundation Austin, TX | $2,465,909 | $3,375,276 |
Saheli Austin, TX | $538,210 | $2,600,715 |
Friendship Of Women Brownsville, TX | $941,053 | $2,402,279 |
Greater Waco Collective Impact Initiative Waco, TX | $1,049,789 | $1,541,441 |
Day Resource Center For The Homeless Fort Worth, TX | $352,912 | $2,190,663 |
Golden Pyramid Inc New Orleans, LA | $1,565,604 | $1,755,561 |
Safenet Services Inc Claremore, OK | $6,182,600 | $1,197,565 |