Hanover Rotary Club Foundation Inc
- Assets
- $242.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, VA
- Founding
- 04/2007
- Data as of
- 06/2022
- EIN
- 20-3037152
Organization Overview
Hanover Rotary Club Foundation Inc is located in Ashland, VA. The organization was established in 2007. 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. Hanover Rotary Club Foundation 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 06/2022, Hanover Rotary Club Foundation Inc generated $25.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $29.3k during the year ending 06/2022. 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 Mission:
Part 3 - Line 1
THE ORGANIZATION FINANCIALLY AND THROUGH VOLUNTEERS SUPPORTS ORGANIZATIONS THAT EDUCATE AND TEACH RESPONSIBLITY TO YOUTH AND DISADVANTAGED CITIZENS.
Describe the Organization's Program Activity:
Part 3
RAISE COFFEE INC NEW TRAILER ROTARY DISTRIC GRANT
DOLLY PARTON IMAGINATION TO EDGEUCATE YOUND STUDENTS WITH BOOKS
PATRICK HENRY YMCA GRANT TO FUND DISADVANTAGED YOUTH PARTICIPATION IN THE PATRICK HENRY YMCA SUMMER YOUTH PROGRAM. APPROXIMATELY 200 YOUTHS BENEFITED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth W Scaplehorn President | 2 | $0 | |
Glenn R Moore Secretary | 2 | $0 | |
Michael S Smith Asst Treasur | 2 | $0 | |
Janice G Henicheck Member At La | 1 | $0 | |
William Canova Peterson IV Member At La | 1 | $0 | |
Clinton J Norris Member At La | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,679 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,302 |
| Gain or Loss | $11,623 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,604 |
| 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 | $3,053 |
| Total expenses | $29,302 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,576 |
| Other assets | $0 |
| Total assets | $242,915 |
| Total liabilities | $0 |
| Net assets or fund balances | $242,915 |