Newport Rotary Charitable Foundation
- Assets
- $365.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, RI
- Founding
- 08/1990
- Data as of
- 04/2022
- EIN
- 22-3025342
Organization Overview
Newport Rotary Charitable Foundation is located in Newport, RI. The organization was established in 1990. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Newport Rotary Charitable 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 04/2022, Newport Rotary Charitable Foundation generated $2.0k 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 (25.3%) each year. All expenses for the organization totaled $17.2k during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Morrison-Barr Treasurer | 1 | $0 | |
Scott Barlett President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,000 |
| 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 | $0 |
| Total expenses | $17,220 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $365,305 |
| Other assets | $0 |
| Total assets | $365,305 |
| Total liabilities | $0 |
| Net assets or fund balances | $365,305 |
Peer Organizations
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|---|---|---|
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Kipp Lynn Fund Inc Lynn, MA | $79,635,466 | $3,076,776 |
Mghpcc Holyoke Inc Holyoke, MA | $56,507,335 | $145,504 |
Mussafer Fam Foundation Boston, MA | $59,912,129 | $40,514,877 |
Downcity Partnership Inc Providence, RI | $5,049,682 | $274,748 |
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Ocean State Charities Trust Johnston, RI | $5,244,206 | $495,993 |