Rotary International
- Assets
- $42.0k
- Revenue
- $61.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Cleburne, TX
- Founding
- Data as of
- 06/2023
- EIN
- 75-6067739
Organization Overview
Rotary International is located in Cleburne, TX. 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 $61.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $71.5k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND FOSTER THE IDEAL OF SERVICE AS A BASIS OF WORTHY ENTERPRISE AND IN PARTICULAR, TO ENCOURAGE AND FOSTER;THE DEVELOPMENT OF ACQUAINTANCE AS AN OPPORTUNITY FOR SERVICE;HIGH ETHICAL STANDARDS IN BUSINESS AND PROFESSIONS, THE RECOGNITION OF THE WORTHINESS OF ALL USEFUL OCCUPATIONS, AND THE DIGNIFYING BY EACH ROTARIAN OF HIS OCCUPATION AS AN OPPORTUNITY TO SERVE SOCIETY;THE APPLICATION OF THE IDEAL OF SERVICE BY EVERY ROTARIAN TO HIS PERSONAL, BUSINESS AND COMMUNITY LIFE;THE ADVANCEMENT OF INTERNATIONAL UNDERSTANING, GOODWILL AND PEACE THROUGH A WORLD FELLOWSHIP OF BUSINESS AND PROFESSIONAL PERSONS UNITED IN THE IDEAL OF SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE OPPORTUNITY FOR MEMBERS TO APPLY THE IDEAL OF SERVICE TO HIS BUSINESS AND COMMUNITY LIFE AND TO PROMOTE INTERNATIONAL UNDERSTANDING, GOODWILL AND PEACE.
TO PROVIDE CONTRIBUTIONS TO THE ROTARY INTERNATIONAL FOUNDATION FOR WORLDWIDE PROGRAMS.
TO PROVIDE GRANTS TO LOCAL NON PROFIT ORGANIZATIONS THAT PROMOTE THE SOCIAL WELFARE OF INDIVIDUALS IN THE CLEBURNE AREA AND OTHER COMMUNITY SERVICE PROJECTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Vewers Past President | OfficerTrustee | 0 | $0 |
Lori Pedigo Secretary | OfficerTrustee | 1 | $0 |
Michael Bowles Treasurer | OfficerTrustee | 1 | $0 |
Jason Harp Director | OfficerTrustee | 0 | $0 |
Sharron Miles Director | OfficerTrustee | 0 | $0 |
Angela Goulding Director | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $41,320 |
| Fundraising events | $0 |
| Related organizations | $4,105 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,425 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,600 |
| Net Income from Fundraising Events | $14,267 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $61,292 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,610 |
| Grants and other assistance to domestic individuals. | $6,184 |
| 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 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 | $0 |
| 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 | $9,800 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,252 |
| Total functional expenses | $71,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,535 |
| Savings and temporary cash investments | $6,480 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $42,015 |
| Accounts payable and accrued expenses | $19,495 |
| 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 | $19,495 |
| Net assets without donor restrictions | $22,520 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $42,015 |
Grants Awarded
Over the last fiscal year, Rotary International has awarded $21,210 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF CLEBURNE - GAGA PIT PURPOSE: Park Improvements | $13,000 |
CITY OF CLEBURNE - BUFFALO BE PURPOSE: Park Improvements | $8,210 |