Palmetto Rotary Education Fund
- Assets
- $44.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palmetto, FL
- Founding
- 06/1997
- Data as of
- 12/2018
- EIN
- 65-0519319
Organization Overview
Palmetto Rotary Education Fund is located in Palmetto, FL. The organization was established in 1997. 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. Palmetto Rotary Education Fund 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 12/2018, Palmetto Rotary Education Fund generated $19.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $23.6k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 3 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
2018
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Allen Langford President / Treasurer | 2 | $0 | |
J Scott Maloney VP / Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,860 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $39 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,081 |
| Other Revenue | $3,728 |
| Total Revenue | $19,708 |
| 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 | $15,145 |
| Total expenses | $23,645 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,374 |
| Other assets | $0 |
| Total assets | $44,374 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,374 |