Rotary Club Of Springfield Ohio Foundation
- Assets
- $1.4m
- Revenue
- $186.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Springfield, OH
- Founding
- 01/1976
- Data as of
- 06/2020
- EIN
- 31-0871453
Organization Overview
Rotary Club Of Springfield Ohio Foundation is located in Springfield, OH. The organization was established in 1976. 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. Rotary Club Of Springfield Ohio 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 06/2020, Rotary Club Of Springfield Ohio Foundation generated $186.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $108.5k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDS TO WORTHWHILE CHARITABLE ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUND FOR SERVICE TO PEOPLE WITH DISABILITIES - PROVIDES GENERAL ASSISTANCE, RECREATION, A CHRISTMAS PARTY AND CAMP TO PEOPLE WITH DISABILTIES.
SCHOLARSHIPS - AWARDED TO DESERVING STUDENTS IN CLARK COUNTY TO ATTEND COLLEGE OR NURSING SCHOOL.
CHARITABLE GIVING - GRANTS AND ASSISTANCE PROVIDED TO LOCAL AND INTERNATIONAL CHARITIES IN SUPPORT OF PROGRAMS APPROVED BY FOUNDATION BOARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Roberts President | OfficerTrustee | 2 | $0 |
David Deitrick Vice President | OfficerTrustee | 2 | $0 |
Greta Mayer President Elect | OfficerTrustee | 2 | $0 |
Edward Bell Secretary | OfficerTrustee | 2 | $0 |
Devesh Kamal Treasurer | OfficerTrustee | 5 | $0 |
Jennifer Rousculp Past President | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,130 |
| Investment income | $31,477 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,557 |
| Net Income from Fundraising Events | -$14,314 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $186,673 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $18,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $6,350 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,416 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,850 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,168 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $0 |
| Office expenses | $3,416 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,521 |
| 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 | $705 |
| All other expenses | $0 |
| Total functional expenses | $108,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $158,393 |
| Savings and temporary cash investments | $1,239,153 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $625 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,398,171 |
| Accounts payable and accrued expenses | $9,199 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $9,199 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,388,972 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rotary Club Of Springfield Ohio Foundation has recieved totaling $65,187.
| Awarding Organization | Amount |
|---|---|
Springfield Foundation Springfield, OH PURPOSE: GENERAL SUPPORT | $65,158 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Endowment Analysis
| Beg. Balance | $835,102 |
| Earnings | $276,235 |
| Admin Expense | $4,528 |
| Grants | $102,136 |
| Ending Balance | $1,004,673 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scottish Rite Of Indianapolis Foundation Inc Indianapolis, IN | $0 | $534,028 |
Honorable Order Of Kentucky Colonels Inc Louisville, KY | $20,472,188 | $3,774,310 |
Old Newsboys Goodfellow Fund Of Detroit Detroit, MI | $8,440,677 | $1,875,138 |
Grand Chapter Of Pennsylvania Order Of The Eastern Star Inc Elizabethtown, PA | $1,833,616 | $1,345,024 |
Benevolent & Protective Order Of Elks Of The Usa Grand Blanc, MI | $2,262,530 | $1,314,345 |
Kiwanis Club Of Ann Arbor Ann Arbor, MI | $4,286,602 | $1,395,176 |
Ann Arbor Womens City Club Ann Arbor, MI | $2,025,989 | $867,391 |
Rotary Foundation Of Cincinnati Cincinnati, OH | $8,066,973 | $724,051 |
Knights Of Columbus Lorain Columbian Club Lorain, OH | $184,826 | $389,207 |
Youngstown Rotary Foundation Inc Columbus, OH | $1,166,298 | $209,731 |
Cathedral Foundation New Castle, PA | $1,802,473 | $114,524 |
Locking Arms Men Bridgeville, PA | $44,857 | $245,795 |