Rotary Foundation Of Madison
- Assets
- $84.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, AL
- Founding
- 05/2010
- Data as of
- 06/2023
- EIN
- 26-2778382
Organization Overview
Rotary Foundation Of Madison is located in Madison, AL. The organization was established in 2010. 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. Rotary Foundation Of Madison 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 06/2023, Rotary Foundation Of Madison generated $47.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.6%) each year. All expenses for the organization totaled $36.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (35.1%) per year over the past 2 years. 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 |
|---|---|---|---|
Melissa Gibson Club President | 1 | $0 | |
Kris Mcbride Foundation President | 0.1 | $0 | |
Robert L Barnes Treasurer | 10 | $0 | |
Cynthia Curtis Secretary | 2 | $0 | |
Pat Cross Board Member | 0.2 | $0 | |
Peter Alvarez Board Member | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,120 |
| 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 | $47,120 |
| 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 | $780 |
| Occupancy, rent, utilities, and maintenance | $1,171 |
| Printing, publications, postage, and shipping | $785 |
| Other expenses | $5,205 |
| Total expenses | $36,683 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,558 |
| Other assets | $0 |
| Total assets | $84,558 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,558 |