Alvin Sunrise Rotary Foundation
- Assets
- $323.8k
- Revenue
- $62.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Alvin, TX
- Founding
- 05/2015
- Data as of
- 06/2022
- EIN
- 47-3226627
Organization Overview
Alvin Sunrise Rotary Foundation is located in Alvin, TX. The organization was established in 2015. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alvin Sunrise Rotary 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, Alvin Sunrise Rotary Foundation generated $62.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.4%) each year. All expenses for the organization totaled $67.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE CLUB IS TO PROVIDE SERVICE TO OTHERS WITHIN THE COMMUNITY, PROMOTE INTEGRITY, ADVANCE WORLD UNDERSTANDING, GOODWILL AND PEACE THROUGH FELLOWSHIP OF BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED DONATIONS/SCHOLOARSHIPS TO LOCAL COMMUNITY & EDUCATIONAL ORGANIZATIONS AND HIGH SCHOOL STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Nash President | Trustee | 10 | $0 |
Wendy Del Bello Treasurer | Trustee | 10 | $0 |
Renee Evans Secretary | Trustee | 5 | $0 |
Robert Vasquez Vice President | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $3,308 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $58,744 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,052 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $54,222 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,804 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $67,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,729 |
| Savings and temporary cash investments | $258,590 |
| Pledges and grants receivable | $149 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $75 |
| Net Land, buildings, and equipment | $5,235 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $323,778 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,979 |
| Total liabilities | $37,979 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $285,799 |
| Total liabilities and net assets/fund balances | $323,778 |
Grants Awarded
Over the last fiscal year, Alvin Sunrise Rotary Foundation has awarded $32,303 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALVIN FFA PURPOSE: SCHOLARSHIPS | $20,303 |
AHSMHSACC SCHOLARSHIPS PURPOSE: SCHOLARSHIPS | $12,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alvin Sunrise Rotary Foundation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Black Tie Dinner Inc Dallas, TX | $245,672 | $1,497,518 |
Texas Medical Association Foundation Austin, TX | $16,598,953 | $2,226,990 |
State Council Charities Austin, TX | $2,067,797 | $1,066,934 |
Better Business Bureau Of Metropolitan Houston Educational F Houston, TX | $1,320,064 | $600,627 |
River Oaks Foundation Inc Houston, TX | $1,077,805 | $586,308 |
Ifma Foundation Houston, TX | $1,376,827 | $594,549 |
Six Bridges Capital Corporation Little Rock, AR | $166,266 | $359,401 |
Rotary Club Of New Braunfels Foundation New Braunfels, TX | $243,912 | $368,541 |
Recognizegood The Foundation Austin, TX | $225,803 | $326,726 |
Del Rio Chamber Foundation Del Rio, TX | $5,103 | $0 |
Arkansas Independent Producers And Royalty Owners Association Inc Little Rock, AR | $370,547 | $208,976 |
Mandell Winlow Security Foundation Houston, TX | $125,618 | $203,543 |