Bakesfield Rotary-Waterman Foundation
- Assets
- $1.4m
- Revenue
- $96.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Bakersfield, CA
- Founding
- 07/1984
- Data as of
- 06/2021
- EIN
- 77-0031890
Organization Overview
Bakesfield Rotary-Waterman Foundation is located in Bakersfield, CA. The organization was established in 1984. 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. Bakesfield Rotary-Waterman Foundation 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 06/2021, Bakesfield Rotary-Waterman Foundation generated $96.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $69.7k during the year ending 06/2021. While expenses have increased by 5.7% per year over the past 6 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.
Since 2015, Bakesfield Rotary-Waterman Foundation has awarded 25 individual grants totaling $492,785. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST IN THE CONTINUED DEVELOPMENT OF CHARITABLE AND EDUCATIONAL ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL ASSISTANCE TO MULTIPLE COMMUNITY NON-PROFIT ORGANIZATIONS INCLUDING, BUT NOT LIMITED TO, ALLIANCE AGAINST FAMILY VIOLENCE, HABITAT FOR HUMANITY, KERN PARTNERSHIP FOR CHILDREN, ASSISTANCE LEAGUE OF BAKERSFIELD, BAKERSFIELD COLLEGE, AND CAL STATE UNIVERSITY BAKERSFIELD.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Collins President | OfficerTrustee | 2 | $0 |
Jesse Lopez Director | OfficerTrustee | 1 | $0 |
Shawn Kelly Treasurer | OfficerTrustee | 1 | $0 |
Kristen Beal Watson Secretary | Trustee | 1 | $0 |
Ray W Watson Director | Trustee | 1 | $0 |
Garro Ellis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $32,393 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $355 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,748 |
| Total Program Service Revenue | $0 |
| Investment income | $20,352 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $43,651 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $96,751 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $66,385 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $2,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $267 |
| 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 | $69,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,124 |
| Savings and temporary cash investments | $35,009 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,903 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,163 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,257,921 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,372,120 |
| 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 | $1,372,120 |
| 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 | $1,372,120 |
Grants Awarded
Over the last fiscal year, Bakesfield Rotary-Waterman Foundation has awarded $66,385 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CSUB PURPOSE: Scholarships To College Students | $16,000 |
Bakersfield, CA PURPOSE: SCHOLARSHIPS TO COLLEGE STUDENTS | $15,800 |
ASSISTANCE LEAGUE OF BAKERSFI PURPOSE: Community support | $10,000 |
KERN PARTNERSHIP FOR CHILDREN PURPOSE: Child care | $10,000 |
ALLIANCE AGAINST FAMILY VIOLE | | | $8,585 |
HABITAT FOR HUMANITY PURPOSE: Home building | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bakesfield Rotary-Waterman Foundation has recieved totaling $89,880.
| Awarding Organization | Amount |
|---|---|
Rotary International Bakersfield, CA PURPOSE: Scholarships/ grants | $89,880 |
Endowment Analysis
| Beg. Balance | $932,387 |
| Earnings | $36,993 |
| Ending Balance | $969,380 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fresno Building Healthy Communities Fresno, CA | $7,681,991 | $11,111,006 |
Korean Immigrant Workers Advocates Of Southern California Los Angeles, CA | $4,731,702 | $8,492,805 |
Native Americans For Community Action Inc Flagstaff, AZ | $13,508,728 | $5,982,716 |
Goleta Valley Professional Buildings Inc Santa Barbara, CA | $89,343,424 | $8,414,379 |
Foothill Ranch Maintenance Corporation Irvine, CA | $3,077,161 | $4,440,100 |
Pilipino Workers Center Of Southern Los Angeles, CA | $1,734,132 | $5,015,376 |
Southwest District Kiwanis Foundation Carefree, AZ | $3,902,018 | $3,838,305 |
Benevolent & Protective Order Of Elks Of The Usa Honolulu, HI | $18,759,259 | $3,966,966 |
Alliance For African Assistance San Diego, CA | $4,342,451 | $2,754,226 |
Samoan Community Development Center Incorporated San Francisco, CA | $808,922 | $2,608,203 |
Imagine Worldwide Mill Valley, CA | $4,339,932 | $3,145,641 |
East Bay Sanctuary Covenant Berkeley, CA | $2,472,298 | $3,238,698 |