Elgin Breakfast Rotary Club Foundation is located in Elgin, IL. The organization was established in 1993. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elgin Breakfast Rotary Club 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 06/2024, Elgin Breakfast Rotary Club Foundation generated $27.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $24.2k during the year ending 06/2024. While expenses have increased by 11.3% per year over the past 9 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Warren President | 0 | $0 | |
Rick Reigner Treasurer | 0 | $0 | |
Nand Belani Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,070 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,250 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,336 |
| Other Revenue | $0 |
| Total Revenue | $27,656 |
| 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 | $415 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $622 |
| Total expenses | $24,190 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,219 |
| Other assets | $0 |
| Total assets | $39,219 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,219 |