Rotary Friends Inc
- Assets
- $10.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Liberty, TX
- Founding
- 05/1999
- Data as of
- 06/2019
- EIN
- 76-0591599
Organization Overview
Rotary Friends Inc is located in Liberty, TX. The organization was established in 1999. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rotary Friends 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 Friends Inc generated $5.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.1%) each year. All expenses for the organization totaled $720.0 during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (54.6%) per year over the past 4 years. 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 |
|---|---|---|---|
Rick Brady President | 0.25 | $0 | |
Marsha Lafour Sec/treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,800 |
| Total Program Service Revenue | $1,150 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $100 |
| Total Revenue | $5,050 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $720 |
| Total expenses | $720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,012 |
| Other assets | $0 |
| Total assets | $10,012 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,012 |