South Central Rotary Youth Exchange Inc
- Assets
- $177.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Rapids, IA
- Founding
- 01/1992
- Data as of
- 06/2023
- EIN
- 43-1393891
Organization Overview
South Central Rotary Youth Exchange Inc is located in Cedar Rapids, IA. The organization was established in 1992. According to its NTEE Classification (Q22) the organization is classified as: International Academic Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Central Rotary Youth Exchange Inc 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 06/2023, South Central Rotary Youth Exchange Inc generated $80.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $77.0k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
FOSTER THE ROTARY YOUTH EXCHANGE PROGRAM IN 35 DISTRICTS.HOST CONFERENCES THAT ALLOW ROTARY EXCHANGE STUDENTS TOSHARE THEIR EXPERIENCES WITH OTHER EXCHANGE STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daryl Hansen President | 1 | $0 | |
Chris Knapp Immediate Past President | 1 | $0 | |
Shawna Secker Executive Secretary | 10 | $9,600 | |
Ronna Morse Assistant Executive Secretary | 5 | $5,000 | |
James Cheney Member At Large | 1 | $0 | |
Mike Hamilton Events Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $45,661 |
| Membership dues | $33,645 |
| Investment income | $189 |
| Gain or Loss | $128 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,623 |
| 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 | $19,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $8 |
| Other expenses | $57,877 |
| Total expenses | $77,035 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $174,032 |
| Other assets | $0 |
| Total assets | $177,503 |
| Total liabilities | $694 |
| Net assets or fund balances | $176,809 |