Rotary Club Of Wellington Foundation Inc
- Assets
- $82.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Loxahatchee, FL
- Founding
- 05/2012
- Data as of
- 06/2024
- EIN
- 45-4613244
Organization Overview
Rotary Club Of Wellington Foundation Inc is located in Loxahatchee, FL. 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. Rotary Club Of Wellington Foundation 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 06/2024, Rotary Club Of Wellington Foundation Inc generated $109.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $71.8k during the year ending 06/2024. While expenses have increased by 6.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Armand President | 4 | $0 | |
Don Gross Vice President | 2 | $0 | |
James O'neil Treasurer | 3 | $0 | |
Maria Cruz Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,627 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $61,602 |
| Other Revenue | $0 |
| Total Revenue | $109,255 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,913 |
| Total expenses | $71,821 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,584 |
| Other assets | $0 |
| Total assets | $82,209 |
| Total liabilities | $27,418 |
| Net assets or fund balances | $54,791 |