Escondido Rotary Foundation
- Assets
- $611.6k
- Revenue
- $56.4k
- Investments
- $520.2k
- Employees
- 0
- Location
- Escondido, CA
- Founding
- 05/1985
- Data as of
- 06/2022
- EIN
- 33-0063533
Organization Overview
Escondido Rotary Foundation is located in Escondido, CA. The organization was established in 1985. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Escondido Rotary 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 06/2022, Escondido Rotary Foundation generated $56.4k 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 (7.2%) each year. All expenses for the organization totaled $60.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES AWARDS, SCHOLARSHIPS AND GRANDS FOR VARIOUS CIVIC PROJECTS LOCALLY AND INTERNATIONALLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOMESTIC CAUSES, SCHOLARSHIPS, YOUTH AWARDS AND PROGRAMS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Stees Director | OfficerTrustee | 2 | $0 |
Henry M Freet Treasurer/secretary | OfficerTrustee | 5 | $0 |
L Richard Greenstein President | OfficerTrustee | 2 | $0 |
Andrew Kirwin Director | Trustee | 2 | $0 |
Nicolas Isoulos Director | Trustee | 2 | $0 |
Ron Smith Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $36,509 |
| Fundraising events | $8,075 |
| Related organizations | $77,363 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $151 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,098 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$65,700 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $56,400 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $57,691 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $2,539 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $228 |
| 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 | $123 |
| Total functional expenses | $60,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,484 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,990 |
| 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 | $0 |
| Investments—other securities | $520,173 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $611,647 |
| Accounts payable and accrued expenses | $6,542 |
| Grants payable | $27,465 |
| Deferred revenue | $86,030 |
| 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 | $47,268 |
| Total liabilities | $167,305 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $444,342 |
| Total liabilities and net assets/fund balances | $611,647 |
Grants Awarded
Over the last fiscal year, Escondido Rotary Foundation has awarded $0 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Escondido, CA | | $0 |
San Diego, CA | | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Escondido Rotary Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Dr Bronners Family Foundation Vista, CA PURPOSE: ORGANIZATIONS EXEMPT PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eat Learn Play Foundation Oakland, CA | $9,809,770 | $13,607,001 |
Cilhaas Supporting Foundation Alameda, CA | $0 | $0 |
Jacquie Foundation Incline Village, NV | $0 | -$1,353,234 |
Patricia And Paul Bragg Foundation Santa Barbara, CA | $96,344,460 | $2,462,516 |
Devto Support Foundation Newport Beach, CA | $95,101,323 | $1,275,327 |
Rodan & Fields Prescription For Change Foundation San Francisco, CA | $4,001,646 | $2,863,722 |
Mz Foundation San Francisco, CA | $44,105,186 | $1,119,650 |
Northridge Hospital Foundation Northridge, CA | $34,105,593 | $7,650,276 |
Ares Charitable Foundation Los Angeles, CA | $1,939,560 | $4,941,400 |
Kickstart-International Inc San Francisco, CA | $2,914,989 | $3,617,349 |
University Of Guadalajara Foundation In The United States Of Los Angeles, CA | $8,274,391 | $1,984,726 |
Saddleback Memorial Foundation Laguna Hills, CA | $173,885,184 | $12,310,516 |