Cary Rotary Charitable Foundation Inc
- Assets
- $90.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 11/2013
- Data as of
- 06/2024
- EIN
- 46-0673530
Organization Overview
Cary Rotary Charitable Foundation Inc is located in Cary, NC. The organization was established in 2013. 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. Cary Rotary Charitable 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, Cary Rotary Charitable Foundation Inc generated $47.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $36.5k during the year ending 06/2024. While expenses have increased by 4.0% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
CONTRIBUTIONS WERE MADE FOR LOCAL AND INTERNATIONAL HUMANITARIAN PROJECTS AND SCHOLARSHIPS TO DESERVING RISING COLLEGE FRESHMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rod Brooks President | 0 | $0 | |
Camille Hedrick Vice Preside | 0 | $0 | |
Scott Schneider Treasurer | 0 | $0 | |
Beth Vanda Asst. Treasu | 0 | $0 | |
Travis Colopy Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,938 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,216 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$16,653 |
| Other Revenue | $0 |
| Total Revenue | $47,501 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $36,500 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,215 |
| Other assets | $0 |
| Total assets | $90,143 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,143 |