Albuquerque Rotary Charitable Foundation Inc
- Assets
- $2.3m
- Revenue
- $387.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 04/1989
- Data as of
- 06/2021
- EIN
- 85-0371097
Organization Overview
Albuquerque Rotary Charitable Foundation Inc is located in Albuquerque, NM. The organization was established in 1989. According to its NTEE Classification (S82) the organization is classified as: Mens 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. Albuquerque Rotary Charitable Foundation Inc 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, Albuquerque Rotary Charitable Foundation Inc generated $387.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $211.6k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Albuquerque Rotary Charitable Foundation Inc has awarded 31 individual grants totaling $995,311. 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 SOLICIT AND RECEIVE CONTRIBUTIONS, GIFTS, GRANTS, OR BEQUESTS OF PROPERTY TO MAINTAIN, USE, AND APPLY THE INCOME AND THE PRINCIPAL FOR CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SOLICITS AND RECEIVES CONTRIBUTIONS, GIFTS, GRANTS, AND BEQUESTS OF PROPERTY TO PROVIDE NEEDED FUNDS TO CHARITABLE PROGRAMS SUPPORTING YOUTH AND EDUCATION ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Baca Rca Treasure | OfficerTrustee | 1 | $0 |
Margaret Peggy Graham Treasurer | OfficerTrustee | 1 | $0 |
Susan Kroger Vice Preside | OfficerTrustee | 1 | $0 |
W Kirk Meyer President | OfficerTrustee | 1 | $0 |
Tom Antram Director | Trustee | 1 | $0 |
Bill Ebel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $164,112 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,646 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,758 |
| Total Program Service Revenue | $0 |
| Investment income | $54,079 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $148,381 |
| Net Income from Fundraising Events | -$72,114 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $387,104 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $191,240 |
| Grants and other assistance to domestic individuals. | $7,768 |
| 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 | $4,976 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $194 |
| Office expenses | $2,196 |
| 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 | $5,178 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $211,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,030 |
| Savings and temporary cash investments | $21,752 |
| Pledges and grants receivable | $143,625 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,060,839 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,261,246 |
| 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 | $1,753,106 |
| Net assets with donor restrictions | $508,140 |
| 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 | $2,261,246 |
Grants Awarded
Over the last fiscal year, Albuquerque Rotary Charitable Foundation Inc has awarded $185,741 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
THE NAVAJO NATION PURPOSE: NAVAJO RELIEF FUND | $56,624 |
Albuquerque, NM PURPOSE: PROGRAM SUPPORT | $25,000 |
Albuquerque, NM PURPOSE: FOOD PANTRY | $19,678 |
Albuquerque, NM PURPOSE: FOOD PANTRY | $14,500 |
Evanston, IL PURPOSE: INT'L HUMANITARIAN | $13,650 |
Tijeras, NM PURPOSE: FOOD PANTRY | $12,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Albuquerque Rotary Charitable Foundation Inc has recieved totaling $56,840.
| Awarding Organization | Amount |
|---|---|
Albuquerque Community Foundation Albuquerque, NM PURPOSE: ACF HUMAN SERVICES | $39,690 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $17,150 |
Endowment Analysis
| Beg. Balance | $772,400 |
| Earnings | $123,996 |
| Net Contributions | $5,000 |
| Ending Balance | $901,396 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Order Of Odd Fellows Corsicana, TX | $11,902,878 | $2,982,220 |
Rotary Club Of San Antonio Foundation San Antonio, TX | $945,729 | $853,492 |
Pikes Peak Odd Fellows Housing Inc Dba Pikes Peak Towers Colorado Springs, CO | $2,892,997 | $778,664 |
Southwest District Kiwanis Foundation Las Vegas, NM | $508,418 | $758,001 |
Lions Foundation Of Arizona Inc Phoenix, AZ | $2,359,893 | $420,459 |
Addison Rotary Foundation Inc Addison, TX | $32,496 | $207,163 |
Eagle Wings Ministries International Mckinney, TX | $91,486 | $413,858 |
Benevolent & Protective Order Of Elks Of The Usa Harlingen, TX | $622,524 | $411,721 |
Rotary International Tucson, AZ | $150,898 | $320,676 |
Salt Lake City Rotary Foundation Kaysville, UT | $2,502,489 | $335,331 |
Ancient Free & Accepted Masons Of Oklahoma Norman, OK | $1,154,361 | $731,827 |
U S Grey Eagles Inc Fort Worth, TX | $320,174 | $0 |