East Bremerton Rotary Foundation
- Assets
- $326.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bremerton, WA
- Founding
- 11/1985
- Data as of
- 06/2023
- EIN
- 91-1310143
Organization Overview
East Bremerton Rotary Foundation is located in Bremerton, WA. The organization was established in 1985. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, 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. East Bremerton Rotary 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, East Bremerton Rotary Foundation generated $71.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $65.0k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 4 years. 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 Mission:
Part 3 - Line 1
COMMUNITY, INTERNATIONAL AND VOCATIONAL SERVICES.
Describe the Organization's Program Activity:
Part 3
COMMUNITY SERVICE - FINANCIAL SUPPORT OF LOCAL CHARITIES AND BENEVOLENT PROJECTS. MEMBERS ALSOPROVIDE SERVICES, VOLUNTEER LABOR AND SUPPLIES FOR LOCAL SERVICEPROJECTS.
VOCATIONAL SERVICES - PROVIDED SCHOLARSHIPS AND RECOGNITION TO LOCAL STUDENTS AND TEACHERS TO ENHANCE EDUCATIONAL OPPORTUNITIES AND PROMOTE COMMUNITY SERVICE.
INTERNATIONAL SERVICES - PROVIDED FINANCIAL SUPPORT TO INTERNATIONAL CHARITABLE PROJECTS TO PROMOTE INTERNATIONAL GOODWILL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patty Murphy Treasurer/secretary | 0 | $0 | |
Robert Washbond President | 0 | $0 | |
Steve Treanor Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,684 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,647 |
| Gain or Loss | -$6,836 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,495 |
| 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 | $1,422 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,153 |
| Total expenses | $64,991 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $143,611 |
| Other assets | $0 |
| Total assets | $326,811 |
| Total liabilities | $24,233 |
| Net assets or fund balances | $302,578 |