Marlborough Rotary Charitable Endowment Inc
- Assets
- $184.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marlborough, MA
- Founding
- 11/1998
- Data as of
- 06/2021
- EIN
- 04-3424082
Organization Overview
Marlborough Rotary Charitable Endowment Inc is located in Marlborough, MA. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Marlborough Rotary Charitable Endowment Inc 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 06/2021, Marlborough Rotary Charitable Endowment Inc generated $31.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $22.3k during the year ending 06/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
ALL MONIES RAISED FROM FUND RAISERS WAS USED FOR SCHOLARSHIPS AND LOCAL CHARITABLE GIVING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Turner Asst. Treasurer | 2 | $0 | |
Alan Herzog President | 10 | $0 | |
Matthew Mccook Treasurer | 7 | $0 | |
Aaron Aykanian Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,951 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,125 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $25,885 |
| Other Revenue | $0 |
| Total Revenue | $30,961 |
| 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 | $22,312 |
| Total expenses | $22,312 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $184,748 |
| Other assets | $0 |
| Total assets | $184,748 |
| Total liabilities | $0 |
| Net assets or fund balances | $184,748 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marlborough Rotary Charitable Endowment Inc has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Cummings Foundation Inc Woburn, MA PURPOSE: COMMUNITY ENRICHMENT PROGRAMS | $100 |
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