Solvang Rotary Club Foundation
- Assets
- $241.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Solvang, CA
- Founding
- 06/1994
- Data as of
- 06/2021
- EIN
- 77-0347967
Organization Overview
Solvang Rotary Club Foundation is located in Solvang, CA. The organization was established in 1994. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Solvang Rotary Club 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, Solvang Rotary Club Foundation generated $14.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $33.0k during the year ending 06/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
CONTRIBUTIONS TO VARIOUS LOCAL CHARITIES & SCHOLARSHIPS TO LOCAL HIGH SCHOOL GRADUATES IN THE SANTA YNEZ VALLEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walt Alves Vice President | 1 | $0 | |
Art Kaslow Secretary | 1 | $0 | |
Sherry Thore Director | 1 | $0 | |
Joe Brown President | 1 | $0 | |
Tom Olmsted Director | 1 | $0 | |
Allan Jones Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,555 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12,458 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,013 |
| 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 | $117 |
| Total expenses | $33,034 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,232 |
| Other assets | $0 |
| Total assets | $241,366 |
| Total liabilities | $0 |
| Net assets or fund balances | $241,366 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Solvang Rotary Club Foundation has recieved totaling $35.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
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|---|---|---|
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California Citrus Quality Council Auburn, CA | $174,846 | $701,118 |
Milk Producers Council Ontario, CA | $352,099 | $565,737 |
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Ujf Holdings Corp San Diego, CA | $3,181,098 | $333,062 |
Automotive Service Councils Of California Sacramento, CA | $792,129 | $412,649 |
Spiritual Overseers Service Internaional Corp La Quinta, CA | $150,963 | $360,720 |
Nevada Surplus Lines Foundation Reno, NV | $10,017,031 | $2,652,534 |