Westminster 7 10 Rotary Club Foundation
- Assets
- $247.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westminster, CO
- Founding
- 06/1997
- Data as of
- 06/2023
- EIN
- 84-1343935
Organization Overview
Westminster 7 10 Rotary Club Foundation is located in Westminster, CO. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Westminster 7 10 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 06/2023, Westminster 7 10 Rotary Club Foundation generated $57.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $200.0 during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (50.2%) per year over the past 8 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 |
|---|---|---|---|
David Janak President | 1 | $0 | |
Loren Donaldson Treasurer | 2 | $0 | |
Rich Seymour At Large | 1 | $0 | |
Barb Donaldson Secretary | 2 | $0 | |
Lindsey Daly Honorary | 1 | $0 | |
Jason Mclachlan Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,436 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,328 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$12,330 |
| Other Revenue | $0 |
| Total Revenue | $57,434 |
| 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 | $200 |
| Total expenses | $200 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $247,797 |
| Other assets | $0 |
| Total assets | $247,797 |
| Total liabilities | $39,641 |
| Net assets or fund balances | $208,156 |