Rotary Club Of Covington Foundation
- Assets
- $123.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Covington, WA
- Founding
- 08/2006
- Data as of
- 06/2024
- 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 06/2024, Rotary Club Of Covington Foundation generated $98.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $81.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 8 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 |
|---|---|---|---|
Elena Stowell President | 6 | $0 | |
Heather Hughbanks Secretary | 3 | $0 | |
Roberta Brooks Treasurer | 6 | $0 | |
Beth Porter Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,386 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $963 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $67,852 |
| Other Revenue | $0 |
| Total Revenue | $98,201 |
| 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 | $81,231 |
| Total expenses | $81,231 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,396 |
| Other assets | $0 |
| Total assets | $123,396 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,396 |