Rotary International
- Assets
- $457.6k
- Revenue
- $204.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 09/1942
- Data as of
- 06/2022
- EIN
- 91-1561323
Organization Overview
Rotary International is located in null. The organization was established in 1942. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rotary International is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Rotary International generated $204.5k 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 (15.0%) each year. All expenses for the organization totaled $259.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ROTARY IS A WORLD WIDE SERVICE ORGANIZATION ESTABLISHED TO PROVIDE LOCAL COMMUNITY SERVICE, PROMOTE HIGH ETHICAL STANDARDS IN ALL VOCATIONS, AND TO PROMOTE WORLD UNDERSTANDING AND PEACE. A DISTRICT IS A GEOGRAPHICALLY ORGANIZED GROUP OF INDIVIDUAL ROTARY CLUBS. THE PURPOSE OF THE DISTRICT IS TO ASSIST AND SUPPORT CLUBS IN ACHIEVING THE GOALS ENUMERATED ABOVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROTARY YOUTH EXCHANGE - PROVIDING OPPORTUNITY FOR CANADIAN AND AMERICAN YOUTH WITHIN THE DISTRICT TO PARTICIPATE IN AN EXCHANGE PROGRAM TO GAIN EXPERIENCE IN ATTENDING HIGH SCHOOL IN A FOREIGN COUNTRY AND PARTICIPATING IN THAT CULTURE. THERE HAVE BEEN APPROXIMATELY 30 PARTICIPANTS EACH YEAR.
ANNUAL CONFERENCE TO BRING TOGETHER, FOR EDUCATIONAL PURPOSES, THE CLUBS THROUGHOUT THE DISTRICT.
TRAVEL/CONFERENCES/CONVENTIONS/SUPPLIES/MEETINGS/ROTARY YOUTH LEADERSHIP AWARDS/INSURANCE ASSESSMENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Schulz Vice Governor/past Distric | OfficerTrustee | 1 | $0 |
Richard Derock District Governor | OfficerTrustee | 5 | $0 |
Ken Laloge District Treasurer | OfficerTrustee | 3 | $0 |
Karl Ruether District Governor Elect | OfficerTrustee | 4 | $0 |
Susan Price-Scott Finance Chair | OfficerTrustee | 1 | $0 |
Jim Adamson District Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $102,332 |
| Fundraising events | $0 |
| Related organizations | $19,582 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,014 |
| Total Program Service Revenue | $82,447 |
| Investment income | $33 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $204,494 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $8,246 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $58,621 |
| Office expenses | $17,002 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $64,318 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $17,114 |
| All other expenses | $0 |
| Total functional expenses | $259,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $339,550 |
| Savings and temporary cash investments | $100,109 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,233 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,668 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $457,560 |
| Accounts payable and accrued expenses | $39,968 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $39,968 |
| Net assets without donor restrictions | $344,520 |
| Net assets with donor restrictions | $73,072 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $457,560 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|