Rotary International is located in Allen, TX. 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 $41.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $35.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 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
DONATIONS TO ALLEN CHARITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandy Liu Past President | 0 | $0 | |
Ted Gould Treasurer | 0 | $0 | |
Robin Bullock Chairman | 0 | $0 | |
Kathy Litinas Fundraising Chr | 0 | $0 | |
Randy Sandifer Grants Chair | 0 | $0 | |
Tim Carroll Pr Chair | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $28,028 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,286 |
| Other Revenue | $0 |
| Total Revenue | $41,322 |
| 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 | $3,500 |
| Occupancy, rent, utilities, and maintenance | $2,651 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,855 |
| Total expenses | $35,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,656 |
| Other assets | $0 |
| Total assets | $36,656 |
| Total liabilities | $100 |
| Net assets or fund balances | $36,556 |