Mcallen Rotary Fund
- Assets
- $414.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- McAllen, TX
- Founding
- 07/1998
- Data as of
- 06/2024
- EIN
- 74-2839976
Organization Overview
Mcallen Rotary Fund is located in McAllen, TX. The organization was established in 1998. 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. Mcallen Rotary 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 06/2024, Mcallen Rotary Fund generated $92.2k 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 (28.4%) each year. All expenses for the organization totaled $2.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (72.5%) 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ENDOWMENT FUND TO PROVIDE SCHOLARSHIPS TO GRADUATING HUGH SCHOOL SENIORS AND FACILITATE TRANSFER OF FUNDS FOR COMMUNITY PROJECTS IN NEIGHBORING CITY.
Describe the Organization's Program Activity:
Part 3
PROVIDED FUNDS FOR COMMUNITY SERVICE IN NEIGHBRING CITY.
COLLEGE SHOLARSHIPS
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 |
|---|---|---|---|
Fred Del Barrio Chairman | 1 | $0 | |
Pat Mccarty Trustee | 1 | $0 | |
William Stocker Vice-Chairman | 1 | $0 | |
Richard L Moore II Trustee | 1 | $0 | |
W E Bill Mann General Secy | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $71 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $90,633 |
| Total Revenue | $92,204 |
| 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 | $126 |
| Total expenses | $2,126 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $414,639 |
| Other assets | $0 |
| Total assets | $414,639 |
| Total liabilities | $3,000 |
| Net assets or fund balances | $411,639 |