Rotary International is located in Morro Bay, 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 06/2024, Rotary International generated $52.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $44.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATIONAL, VOCATIONAL, AND INTERNATIONAL AWARENESS AND ASSISTANCE TO COMMUNITY NON-PROFIT ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Weiss President | 5 | $0 | |
Dan Costly Past President | 5 | $0 | |
Kim Cade Secretary | 5 | $0 | |
Pete Zotovich Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,161 |
Total Program Service Revenue | $1,535 |
Membership dues | $13,247 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $23,133 |
Other Revenue | $0 |
Total Revenue | $52,076 |
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 | $575 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $908 |
Other expenses | $42,818 |
Total expenses | $44,301 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $46,060 |
Other assets | $0 |
Total assets | $46,060 |
Total liabilities | $0 |
Net assets or fund balances | $46,060 |