Wallace Rotary Charities Fund
- Assets
- $65.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wallace, NC
- Founding
- 07/2007
- Data as of
- 06/2022
- EIN
- 84-1712193
Organization Overview
Wallace Rotary Charities Fund is located in Wallace, NC. The organization was established in 2007. 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. Wallace Rotary Charities Fund 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, Wallace Rotary Charities Fund generated $11.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $9.9k during the year ending 06/2022. While expenses have increased by 0.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven F Paes Treasurer | 0.25 | $0 | |
Stephanie Durner Secretary | 0.25 | $0 | |
Betty Earle Member | 0.25 | $0 | |
Carol Paes Member | 0.25 | $0 | |
Brett Roderick President-Elect | 0.25 | $0 | |
Ken Wilson Membership Chair | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,357 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,530 |
| Other Revenue | $0 |
| Total Revenue | $11,887 |
| 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 | $0 |
| Total expenses | $9,868 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,303 |
| Other assets | $0 |
| Total assets | $65,303 |
| Total liabilities | $0 |
| Net assets or fund balances | $65,303 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Community Foundation For Northern Virginia Inc Oakton, VA | $80,161,408 | $23,451,822 |
National Christian Charitable Foundation Inc Fort Mill, SC | $16,300,322 | $10,862,004 |
Community Foundation Of South Georgia Inc Thomasville, GA | $102,741,720 | $11,038,110 |
The Community Foundation For The Csra Augusta, GA | $104,773,368 | $16,442,862 |
Love Thy Neighbor Too Alpharetta, GA | $21,169,180 | $7,400,617 |
Community Foundation Of Northwest Georgia Inc Dalton, GA | $78,026,679 | $15,780,742 |
Gaston Community Foundation Gastonia, NC | $124,627,590 | $17,636,833 |
Community Foundation Serving Western Virginia Roanoke, VA | $100,299,802 | $12,225,680 |
Cumberland Community Foundation Inc Fayetteville, NC | $108,138,101 | $14,799,053 |
Community Foundation Of Henderson County Inc Hendersonville, NC | $121,395,555 | $11,832,432 |
Purpose Built Communities Foundation Inc Atlanta, GA | $8,827,642 | $4,251,100 |
Community Foundation Of West Georgia Inc Carrollton, GA | $103,313,385 | $13,146,114 |