Towsontowne Rotary Foundation Inc
- Assets
- $307.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lutherville Timonium, MD
- Founding
- 03/1999
- EIN
- 52-2136361
Organization Overview
Towsontowne Rotary Foundation Inc is located in Lutherville Timonium, MD. The organization was established in 1999. 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. Towsontowne Rotary 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 undefined, Towsontowne Rotary Foundation Inc generated $38.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $43.1k during the year ending undefined. 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
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS FOR THE ROTARY CLUB OF TOWSONTOWNE FOR THE BENEFIT OF PUBLIC WELFARE.
Describe the Organization's Program Activity:
Part 3
TO RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE PURPOSES, ALL FOR THE PUBLIC WELFARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Saar President | 5 | $0 | |
Season Shrestha Vice-President | 2 | $0 | |
Suzanne Pearce Secretary | 2 | $0 | |
Frank Dudek Treasurer | 5 | $0 | |
Sharon Bregel Director | 2 | $0 | |
Mahmood Farazdaghi Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,956 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $275 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,231 |
| Statement of Expenses | |
|---|---|
| Total expenses | $43,126 |
| Balance Sheet | |
|---|---|
| Total assets | $307,801 |
| Total liabilities | $0 |
| Net assets or fund balances | $307,801 |