Rotary District 5390 Foundation is located in Polson, MT. The organization was established in 2006. According to its NTEE Classification (T31) the organization is classified as: Community 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. Rotary District 5390 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 06/2022, Rotary District 5390 Foundation generated $155.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $226.6k during the year ending 06/2022. While expenses have increased by 25.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED FUNDS FOR COMMUNITY PROJECTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dick King District Foundation Chair | 2 | $0 | |
James Oates Treasurer | 2 | $0 | |
Michael Mayott District Governor | 2 | $0 | |
Barrie Matthews District Governor Elect | 2 | $0 | |
Shawna Secker Secretary | 2 | $0 | |
Sandy Carlson Immediate Past District Go | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,598 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $60,762 |
| Other Revenue | $0 |
| Total Revenue | $155,360 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,409 |
| Total expenses | $226,562 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,781 |
| Other assets | $0 |
| Total assets | $109,781 |
| Total liabilities | $0 |
| Net assets or fund balances | $109,781 |