Rotary Club Of Newport News Foundation
- Assets
- $33.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport News, VA
- Founding
- 09/2011
- EIN
- 27-4740476
Organization Overview
Rotary Club Of Newport News Foundation is located in Newport News, VA. The organization was established in 2011. 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 Club Of Newport News 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 undefined, Rotary Club Of Newport News Foundation generated $51.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $112.3k during the year ending undefined. While expenses have increased by 17.6% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
TO SUPPORT THE COMMUNITY THROUGH CHARITABLE GIFTS TO VARIOUS 501(C)(3) ORGANIZATIONS
TO SUPPORT THE COMMUNITY THROUGH CHARITABLE GIFTS TO VARIOUS 501(C)(3) ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bo Hem Secretary | 0.5 | $0 | |
David Seeley Treasurer | 1 | $0 | |
Cathy Shields President | 1 | $0 | |
Frederick Elofson Asst Treasurer | 1 | $0 | |
Terri Ryan Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,569 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,589 |
| Other Revenue | $0 |
| Total Revenue | $51,158 |
| Statement of Expenses | |
|---|---|
| Total expenses | $112,271 |
| Balance Sheet | |
|---|---|
| Total assets | $33,886 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,886 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rotary Club Of Newport News Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Bangs Russell Foundation Richmond, VA PURPOSE: BRIDGES-TO-PROSPERITY | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Aston Park Health Care Center Inc Asheville, NC | $17,105,214 | $12,530,764 |
James Family Charitable Foundation Charlottesville, VA | $171,150,056 | $16,638,935 |
Silver Valley Research Foundation Mclean, VA | $1,699,232 | $12,100,000 |
Helvetas Usa Washington, DC | $584,936 | $9,906,698 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |