North Banks Rotary Club Foundation is located in Kill Devil Hills, NC. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. North Banks 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 06/2023, North Banks Rotary Club Foundation generated $35.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $34.6k during the year ending 06/2023. 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
GRANTS TO LOCAL NON-PROFIT ORGANIZATIONS
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
John Windley President  | 2 | $0 | |
Jeremy Miller Secretary  | 2 | $0 | |
Nathan Ladd Treasurer  | 2 | $0 | |
Rick Straub Saa  | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,079 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $11,874 | 
| Other Revenue | $0 | 
| Total Revenue | $34,953 | 
| 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 | $23,079 | 
| Total expenses | $34,579 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,187 | 
| Other assets | $0 | 
| Total assets | $17,187 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $17,187 |