Maple Valley Rotary Foundation
- Assets
- $594.2k
- Revenue
- $509.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Maple Valley, WA
- Founding
- 08/1994
- Data as of
- 06/2022
- EIN
- 91-1595103
Organization Overview
Maple Valley Rotary Foundation is located in Maple Valley, WA. The organization was established in 1994. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Maple Valley 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 06/2022, Maple Valley Rotary Foundation generated $509.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $249.1k during the year ending 06/2022. While expenses have increased by 11.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
CONDUCT FUNDRAISING TO SUPPORT LOCAL PROJECTS, YOUTH SERVICES, AND INTERNATIONAL PROGRAMS IN ASSOCIATION WITH ROTARY DISTRICT AND ROTARY INTERNATIONAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL PROJECTS: PROVIDE MONETARY SUPPORT WITH MULTIPLE ROTARY CLUBS AND ROTARY INTERNATIONAL FOR A HOSPITAL IN ANBA TAKLA, EGYPT.AUCTION FUND A NEED: THIS FISCAL YEAR'S AUCTION FUND A NEED WAS USED TO PROVIDE UNRESTRICTED FUNDS TO THE FOUNDATION FOR USE IN ALL PROJECTS (LOCAL, SERVICES, INTERNATIONAL) IN THE FOLLOWING FISCAL YEAR.
SHOP WITH A COP: PROVIDE SHOPPING AT COVINGTON WALMART WITH YOUTH WHOSE NAMES HAVE BEEN SUBMITTED BY SCHOOL DISTRICT AND VETTED BY SOCIAL SERVICES AS NEEDING ASSISTANCE. FUNDS RAISED PROVIDE A SAME PER PERSON VALUE FOR EACH INDIVIDUAL, WHO IS ACCOMPANIED BY A LOCAL POLICE OFFICER ON THEIR SHOPPING TRIP, TYPICALLY TWO WEEKS BEFORE CHRISTMAS.
LOCAL PROJECTS: PROVIDE FUNDING SUPPORT TO LOCAL NONPROFIT ORGANIZATIONS (MV FOOD BANK, AREA COMMUNITY CENTERS, AND CIVIC ORGANIZATIONS) SO THEY CAN ACCOMPLISH THEIR MISSION OBJECTIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Vanruff Foundation Chair | OfficerTrustee | 1 | $0 |
Erica Dial Foundation Chair Elect | OfficerTrustee | 1 | $0 |
George Kychakoff Treasurer | OfficerTrustee | 10 | $0 |
Val Paganelli Secretary | OfficerTrustee | 2 | $0 |
Cheri Mckinnon Club President | OfficerTrustee | 1 | $0 |
Rock Jenkins Club President Elect | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $34,802 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $421,268 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $456,070 |
| Total Program Service Revenue | $0 |
| Investment income | $17 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $53,536 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $509,623 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $69,306 |
| Grants and other assistance to domestic individuals. | $17,850 |
| Grants and other assistance to Foreign Orgs/Individuals | $137,353 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,396 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $249,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $286,132 |
| Savings and temporary cash investments | $98,106 |
| Pledges and grants receivable | $16,700 |
| Accounts receivable, net | $0 |
| 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 | $3,980 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $189,291 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $594,209 |
| Accounts payable and accrued expenses | $16,758 |
| Grants payable | $9,600 |
| 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 | $26,358 |
| Net assets without donor restrictions | $293,250 |
| Net assets with donor restrictions | $274,601 |
| 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 | $594,209 |
Grants Awarded
Over the last fiscal year, Maple Valley Rotary Foundation has awarded $38,384 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MAPLE VALLEY FOOD BANK PURPOSE: FOOD BANK SERVICES | $11,000 |
TAHOMA SCHOOL DISTRICT PURPOSE: YOUTH MENTAL HEALTH PROGRAM, READY FOR KINDERGARTEN PROGRAM | $27,384 |