King City Rotary Club Foundation
- Assets
- $92.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- King City, CA
- Founding
- 11/1999
- Data as of
- 06/2022
- EIN
- 77-0515700
Organization Overview
King City Rotary Club Foundation is located in King City, CA. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King City 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 06/2022, King City Rotary Club Foundation generated $27.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $32.2k during the year ending 06/2022. While expenses have increased by 11.1% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IN THE CURRENT YEAR $6,750 WAS GIVEN OUT AS SCHOLARSHIPS TO GRADUATING LOCAL HIGH SCHOOL STUDENTS AND $25,000 TO HARTNELL COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Borzini Secretary | 1 | $0 | |
Ed Kleber Trustee | 1 | $0 | |
Suzanne Krause Vice President | 1 | $0 | |
Paulette Bumbalough President | 1 | $0 | |
Peter Anderson Treasurer | 1 | $0 | |
Robert Cullen Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,062 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,537 |
| Gain or Loss | $3,739 |
| Net Income from Gaming & Fundraising | $3,968 |
| Other Revenue | $0 |
| Total Revenue | $27,306 |
| 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 | $410 |
| Total expenses | $32,160 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,549 |
| Other assets | $0 |
| Total assets | $92,549 |
| Total liabilities | $0 |
| Net assets or fund balances | $92,549 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |
Orange Coast College Foundation Costa Mesa, CA | $45,211,375 | $13,270,788 |