Rotary Club Of Oaklawn Arkansas
- Assets
- $31.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hot Springs, AR
- Founding
- Data as of
- 06/2023
- EIN
- 85-1155035
Organization Overview
Rotary Club Of Oaklawn Arkansas is located in Hot Springs, AR. 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. Rotary Club Of Oaklawn Arkansas 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, Rotary Club Of Oaklawn Arkansas generated $52.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $47.6k during the year ending 06/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE SCHOLARSHIPS ARE FUNDED THROUGH VARIOUS FUND RAISING ACTIVITIES. THE PRIMARY ACTIVITY BEING ENTRANCE FEES FOR THOSE ENTERING THE LOCAL CHRISTMAS PARADE. THE CLUB ALSO RAISES FUNDS THROUGH DONATIONS MADE BY CLUB MEMBERS. OCCASIONALLY FUNDS THAT ARE RAISED WILL BE GIVEN TO NONPROFIT ORGANIZATIONS PROVIDING SHELTER AND FOOD FOR THE HOMELESS OR NEEDY WITHIN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernestine Ross Vice Preside | 0 | $0 | |
Thomas Smith President | 0 | $0 | |
Christina Ellis Treasurer | 0 | $0 | |
John Duncan Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,840 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,840 |
| 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 | $47,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $47,600 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,284 |
| Other assets | $0 |
| Total assets | $31,462 |
| Total liabilities | $6,697 |
| Net assets or fund balances | $24,765 |