Rotary Club Of Covington Foundation
- Assets
- $101.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Covington, WA
- Founding
- 08/2006
- Data as of
- 06/2022
- EIN
- 87-0750674
Organization Overview
Rotary Club Of Covington Foundation is located in Covington, WA. The organization was established in 2006. According to its NTEE Classification (T30) the organization is classified as: Public 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. Rotary Club Of Covington 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 06/2022, Rotary Club Of Covington Foundation generated $73.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $75.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 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 |
|---|---|---|---|
Deb Tanasse Secretary | 5 | $0 | |
Pat Rowe President | 10 | $0 | |
Roberta Brooks Treasurer | 10 | $0 | |
Elizabeth Porter Vice President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,495 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $64,394 |
| Other Revenue | $0 |
| Total Revenue | $73,889 |
| 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 | $34 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $75,153 |
| Total expenses | $75,187 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,687 |
| Other assets | $0 |
| Total assets | $101,687 |
| Total liabilities | $0 |
| Net assets or fund balances | $101,687 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rotary Club Of Covington Foundation has recieved totaling $990.
| Awarding Organization | Amount |
|---|---|
Sadako K Judd Private Foundation Inc Naples, FL PURPOSE: GENERAL PURPOSE | $990 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Omprakash Inc Seattle, WA | $1,303,902 | $8,335,902 |
Momsrising Education Fund Bellevue, WA | $13,735,648 | $12,363,267 |
Community In Action Ontario, OR | $2,870,959 | $6,588,152 |
Tsf Services Seattle, WA | $41,582 | $5,196,264 |
Invested Renton, WA | $10,800,874 | $5,096,103 |
Malaria No More Fund Seattle, WA | $7,196,882 | $3,765,133 |
Emergency Feeding Program Of Seattle & King County Renton, WA | $889,754 | $3,848,246 |
Seattle International Foundation Seattle, WA | $3,557,476 | $2,971,233 |
Arctic Slope Community Foundation Anchorage, AK | $12,635,878 | $4,961,869 |
Morning Star Foundation Spokane, WA | $12,059,803 | $675,586 |
Kaiser Borsari Educational Foundation Bellingham, WA | $10,206,898 | $1,033,814 |
Lematta Foundation Seattle, WA | $33,950,050 | $4,649,425 |