Lake Forest Park Rotary Charitable Foundation
- Assets
- $128.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lk Forest Park, WA
- Founding
- 12/2005
- Data as of
- 06/2023
- EIN
- 86-1129290
Organization Overview
Lake Forest Park Rotary Charitable Foundation is located in Lk Forest Park, WA. The organization was established in 2005. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Forest Park Rotary Charitable 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, Lake Forest Park Rotary Charitable Foundation generated $98.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $187.7k during the year ending 06/2023. While expenses have increased by 9.3% per year over the past 8 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 |
|---|---|---|---|
Mary Starkebaum Trustee | 1 | $0 | |
Heidi Shepherd Trustee | 1 | $0 | |
Darlene Zulauf Trustee | 1 | $0 | |
Edwin Sterner President | 1 | $0 | |
Edward Pearson Assistant Treasuer | 2 | $0 | |
Allison Reagan Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,556 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $62,438 |
| Other Revenue | $0 |
| Total Revenue | $97,994 |
| 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 | $2,845 |
| Total expenses | $187,730 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,791 |
| Other assets | $0 |
| Total assets | $128,791 |
| Total liabilities | $0 |
| Net assets or fund balances | $128,791 |