Bow Rotary Club Foundation is located in Bow, NH. The organization was established in 2003. 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. Bow Rotary Club 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 06/2023, Bow Rotary Club Foundation generated $42.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $51.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 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
SEE SCHEDULE O
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Michelle Fortin President  | 4 | $0 | |
Matt Dodge President Elect  | 4 | $0 | |
Gerry Carrier Secretary  | 4 | $0 | |
Paul J Mercier Jr Treasurer  | 4 | $0 | |
Bill Ames Director  | 1.5 | $0 | |
Michelle Oivier Director  | 1.5 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,937 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $9 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $15,090 | 
| Other Revenue | $0 | 
| Total Revenue | $42,036 | 
| 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 | $0 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $75 | 
| Total expenses | $51,455 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,740 | 
| Other assets | $0 | 
| Total assets | $46,049 | 
| Total liabilities | $21,600 | 
| Net assets or fund balances | $24,449 |