Beaumont Rotary Foundation Inc
- Assets
- $723.1k
- Revenue
- $172.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Beaumont, TX
- Founding
- 05/1975
- Data as of
- 06/2022
- EIN
- 23-7350450
Organization Overview
Beaumont Rotary Foundation Inc is located in Beaumont, TX. The organization was established in 1975. According to its NTEE Classification (S82) the organization is classified as: Mens 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. Beaumont Rotary 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, Beaumont Rotary Foundation Inc generated $172.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $134.4k during the year ending 06/2022. While expenses have increased by 7.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE BEAUMONT ROTARY FOUNDATION IS TO SUPPORT CHARITABLE PROJECTS OF THE ROTARY CLUB OF BEAUMONT FOR COMMUNITY AND INTERNATIONAL PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL PROJECTS INCLUDING COLLEGE SCHOLARSHIPS, SPECIAL SCHOLARSHIP FOR STUDENTS RETURNING TO SCHOOL WHO ARE IN FINANCIAL NEED, LOCAL DISASTER RELIEF DUE TO FLOODING, LITERACY PROJECT IN LOCAL ELEMENTARY SCHOOLS AND SUPPORT OF LOCAL NON-PROFIT ORGANIZATIONS.
"SHOW YOUR COLORS" A JOINT PROJECT OF THE THE ROTARY CLUB OF BEAUMONT AND THE THREE RIVERS COUNCIL OF THE BOY SCOUTS OF AMERICA WHICH DISPLAYS THE AMERICAN FLAG AT OVER 500 LOCATIONS ON SIX FEDERAL HOLIDAYS. THIS PROJECT PROVIDES SUPPORT TO THE THREE RIVERS COUNCIL OF BOY SCOUTS OF AMERICA AND PROMOTES AWARENESS AND FURTHER FOSTERS A SENSE OF PATRIOTISM WITHIN OUR COMMUNITY.
SUPPORT PROVIDED TO ROTARY FOUNDATION, A 501(C)(3) ORGANIZATION, WHICH ENABLES ROTARIANS TO ADVANCE WORLD UNDERSTANDING, GOODWILL AND PEACE THROUGH A VARIETY OF HUMANITARIAN PROGRAMS. IN ADDITION, OTHER SPECIFIC INTERNATIONAL PROJECTS INCLUDE ERADICATION OF POLIO AND LAYETTE PROJECT IN NICARAGUA.
ALL OTHER ACCOMPLISHMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Escamilla Treasurer | OfficerTrustee | 1 | $0 |
Phil Dunlap Secretary | OfficerTrustee | 1 | $0 |
Cindy Cherry Trustee | OfficerTrustee | 0.5 | $0 |
Dr Henry Venta Chair | OfficerTrustee | 1 | $0 |
Brad Brown Trustee | Trustee | 0.5 | $0 |
Joanne Brown Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,947 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $139,349 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,296 |
| Total Program Service Revenue | $0 |
| Investment income | $12,664 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,443 |
| Net Income from Fundraising Events | $2,504 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $172,907 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $54,984 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $50,990 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,743 |
| Fees for services: Other | $1,256 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,934 |
| Total functional expenses | $134,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,241 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,100 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $685,511 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,294 |
| Total assets | $723,146 |
| Accounts payable and accrued expenses | $42,850 |
| Grants payable | $0 |
| Deferred revenue | $1,584 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,679 |
| Total liabilities | $47,113 |
| Net assets without donor restrictions | $666,768 |
| Net assets with donor restrictions | $9,265 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $723,146 |
Grants Awarded
Over the last fiscal year, Beaumont Rotary Foundation Inc has awarded $34,734 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THREE RIVERS COUNCIL - BSATHREE RIVERS COUNCIL - BSA PURPOSE: SUPPORT | $15,576 |
THE ROTARY FOUNDATIONTHE ROTARY FOUNDATION PURPOSE: EVERY ROTARIAN | $8,000 |
THE ROTARY CLUB OF GOLDEN MEADOWTHE ROTARY CLUB OF GOLDEN MEADOW PURPOSE: DISASTER RELIEF | $5,821 |
THE ROTARY FOUNDATIONTHE ROTARY FOUNDATION PURPOSE: POLIO ERADICATION | $5,337 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Beaumont Rotary Foundation Inc has recieved totaling $636.
| Awarding Organization | Amount |
|---|---|
Mechia Foundation Beaumont, TX PURPOSE: CONTINUING OPERATIONS | $600 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $36 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Order Of Odd Fellows Corsicana, TX | $11,902,878 | $2,982,220 |
Rotary Club Of San Antonio Foundation San Antonio, TX | $945,729 | $853,492 |
100 Black Men Of Metropolitian Baton Rouge Baton Rouge, LA | $674,965 | $747,137 |
Southwest District Kiwanis Foundation Las Vegas, NM | $508,418 | $758,001 |
Addison Rotary Foundation Inc Addison, TX | $32,496 | $207,163 |
Eagle Wings Ministries International Mckinney, TX | $91,486 | $413,858 |
Benevolent & Protective Order Of Elks Of The Usa Harlingen, TX | $622,524 | $411,721 |
Evergreen Associates Inc Houma, LA | $1,020,054 | $299,703 |
Ancient Free & Accepted Masons Of Oklahoma Norman, OK | $1,154,361 | $731,827 |
U S Grey Eagles Inc Fort Worth, TX | $320,174 | $0 |
Rotary Club Of Tulsa Foundation Tulsa, OK | $5,079,079 | $873,205 |
Daughters Of Esther Fellowship International Ministries Inc Bossier City, LA | $995,517 | $345,367 |