Duluth Harbortown Rotary Charitable Foundation is located in Duluth, MN. The organization was established in 1995. 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. Duluth Harbortown Rotary 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 06/2022, Duluth Harbortown Rotary Charitable Foundation generated $25.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $15.0k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE CORPORATION PROVIDED 12,000 IN SCHOLARSHIPS, 2,000 EACH TO SIX INDIVIDUALS, DURING THE YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Fisher President | 0 | $0 | |
Juhl Halvorson Secretary | 0 | $0 | |
Greg Goldman Treasurer | 0 | $0 | |
Jinell Abernathy Director | 0 | $0 | |
Jeremy Jeannette Director | 0 | $0 | |
James Wheeler Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,450 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,973 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,382 |
| Other Revenue | $0 |
| Total Revenue | $25,805 |
| 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 | $0 |
| Other expenses | $15,000 |
| Total expenses | $15,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $229,428 |
| Other assets | $0 |
| Total assets | $229,428 |
| Total liabilities | $0 |
| Net assets or fund balances | $229,428 |