Rotary International is located in Fredericksburg, VA. The organization was established in 1942. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rotary International is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Rotary International generated $157.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $150.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 4 years. 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
INCLUDES 6302380 OF GRANTS LISTED IN SCHEDULE O AND 1264245 OF GRANTS LISTED IN SCHEDULE F FOR SUPPORT OF NON-PROFITS OUTSIDE OF THE USA TOTALING EIGHT PROJECTS WITH CONTRIBUTIONS RANGING FROM 1000 TO 3000
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Steele President | 10 | $0 | |
Michael Gillenwater 0 | 2 | $0 | |
Kenneth Eugene Tomayko Secretary | 3 | $0 | |
Michael King Treasurer | 3 | $0 | |
Charles A Lynn Assistant Treasurer | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,620 |
Total Program Service Revenue | $0 |
Membership dues | $87,093 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $39,824 |
Other Revenue | $0 |
Total Revenue | $157,537 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $69,232 |
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 | $461 |
Other expenses | $0 |
Total expenses | $150,359 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $128,954 |
Other assets | $0 |
Total assets | $128,954 |
Total liabilities | $2,787 |
Net assets or fund balances | $126,167 |