Rotary International is located in Laguna Beach, CA. 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 $27.8k 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 (13.6%) each year. All expenses for the organization totaled $26.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS, COMMUNITY SERVICE AND ROTARY INTERNATIONAL SERVICE PROJECTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Freeman President | 0 | $0 | |
Julie Hile Vice President | 0 | $0 | |
Wally Shao Secretary | 0 | $0 | |
Joseph Alvarez Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,259 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $17,548 |
Other Revenue | $0 |
Total Revenue | $27,807 |
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 | $15,346 |
Total expenses | $26,866 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $56,841 |
Other assets | $0 |
Total assets | $56,841 |
Total liabilities | $3,257 |
Net assets or fund balances | $53,584 |
Over the last fiscal year, Rotary International has awarded $71,945 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
ROTARY DISTRICT 5320 | | | $5,052 |
ROTARY INTERNATIONAL GLOBAL | | | $66,893 |