Rotary International is located in McKinney, TX. The organization was established in 1938. 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 06/2023, Rotary International generated $58.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $56.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TO FOSTER THE IDEAL OF SERVICE BEFORE SELF IN OUR COMMUNITY THROUGHOUT COLLECTIVE AND INDIVIDUAL EXAMPLE TO OTHERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Bresnahan President | 1 | $0 | |
Rob Thomas III President Elect | 1 | $0 | |
Cathie Walner Treasurer | 1 | $0 | |
Harold Mcleod Secretary | 1 | $0 | |
Paul Sparkman Immediate Past Pres. | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $58,546 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $58,546 |
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 | $2,330 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $124 |
Other expenses | $54,232 |
Total expenses | $56,686 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $32,494 |
Other assets | $0 |
Total assets | $33,498 |
Total liabilities | $2,375 |
Net assets or fund balances | $31,123 |