Rotary Club Of Mgnolia Center Charitable Foundation
- Assets
- $19.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Riverside, CA
- Founding
- 10/1993
- Data as of
- 06/2018
- EIN
- 33-0359113
Organization Overview
Rotary Club Of Mgnolia Center Charitable Foundation is located in Riverside, CA. The organization was established in 1993. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is the central organization for a national or regional group of organizations. Rotary Club Of Mgnolia Center Charitable 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 06/2018, Rotary Club Of Mgnolia Center Charitable Foundation generated $5.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $7.3k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 3 years. 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
2018
Describe the Organization's Program Activity:
Part 3
CONTRIBUTIONS TO LOCAL CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Art Gage President | 7 | $0 | |
Rajesh Bera Past President | 5 | $0 | |
Richard Clark Treasure | 5 | $0 | |
Ralph Joseph Director | 2 | $0 | |
Richard Blecker Secratary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,946 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $78 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,365 |
| Other Revenue | $0 |
| Total Revenue | $5,389 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $38 |
| Other expenses | $0 |
| Total expenses | $7,284 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,086 |
| Other assets | $0 |
| Total assets | $19,468 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,468 |