Farmington Rotary Club Foundation
- Assets
- $7.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington, CT
- Founding
- 03/1988
- Data as of
- 06/2022
- EIN
- 22-2839561
Organization Overview
Farmington Rotary Club Foundation is located in Farmington, CT. The organization was established in 1988. 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. Farmington Rotary Club 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, Farmington Rotary Club Foundation generated $13.1k 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 (12.6%) each year. All expenses for the organization totaled $13.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.8%) 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
DONATIONS PROVIDED TO ORGANIZATIONS IN SUPPORT OF THEIR PRIMARY PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Wink Tharpe President | 2 | $0 | |
Jeffrey Rivard President El | 2 | $0 | |
Elizabeth Sheridan Past Preside | 1 | $0 | |
Cherilyn Spatola Treasurer | 2 | $0 | |
Andres Verzosa Secretary | 2 | $0 | |
Michael Cheshire Member At La | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,443 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,391 |
| Other Revenue | $0 |
| Total Revenue | $13,052 |
| 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 | $16 |
| Total expenses | $13,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,330 |
| Other assets | $0 |
| Total assets | $7,330 |
| Total liabilities | $19,445 |
| Net assets or fund balances | -$12,115 |