Rotary Club Of Kent Foundation is located in Kent, WA. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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 Kent 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, Rotary Club Of Kent Foundation generated $63.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $98.1k 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
PROVIDE GRANTS TO LOCAL AND INTERNATIONAL CHARITABLE ORGANIZATIONS AND SCHOLARSHIPS TO LOCAL STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jenny Allyn President | 6 | $0 | |
Kaycie Wood President Immediate Past | 6 | $0 | |
Kim Walley President Elect | 6 | $0 | |
Laurie Leno Treasurer | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,290 |
Total Program Service Revenue | $4,870 |
Membership dues | $0 |
Investment income | $382 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $50,905 |
Other Revenue | $0 |
Total Revenue | $63,447 |
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 | $859 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $45,422 |
Total expenses | $98,136 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $142,667 |
Other assets | $0 |
Total assets | $228,009 |
Total liabilities | $159,300 |
Net assets or fund balances | $68,709 |