Thousand Oaks Rotary Foundation
- Assets
- $842.8k
- Revenue
- $89.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Thousand Oaks, CA
- Founding
- 04/1997
- Data as of
- 06/2021
- EIN
- 77-0297455
Organization Overview
Thousand Oaks Rotary Foundation is located in Thousand Oaks, CA. The organization was established in 1997. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thousand Oaks Rotary 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 06/2021, Thousand Oaks Rotary Foundation generated $89.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $60.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thousand Oaks Rotary Foundation has awarded 19 individual grants totaling $549,598. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SCHOLARSHIP AWARDS TO INDIVIDUALS AND GRANTS TO OTHER NON PROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROTARY INTERNATIONAL FOUNDATION - MATCHING GRANTS FOR INTERNATIONAL PROJECTS.CHILDREN'S HOSPITAL FUNDING $15,750. HEARING AIDS FOR PATIENTS IN MEXICO $12,600.
VENTURA COUNTY SPECIAL OLYMPICS - TO PROVIDE FUNDS FOR SPECIAL OLYMPICS ACTIVITIES.
SCHOLARSHIPS AWARDS TO LOCAL AREA RESIDENTS
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 |
|---|---|---|---|
David Wender Treasurer | Officer | 2 | $2,145 |
Vicky Arndt Secretary | Officer | 2 | $0 |
Tim Weaver Board Member | Officer | 2 | $0 |
Nate Harimoto Board Member | Trustee | 2 | $0 |
Martin Anderson President | Trustee | 2 | $0 |
Mike Murphy Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $24,649 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,822 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,471 |
| Total Program Service Revenue | $0 |
| Investment income | $32,412 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,772 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $89,111 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $49,152 |
| Grants and other assistance to domestic individuals. | $4,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $2,145 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,734 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $60,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,054 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,101 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $791,643 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $842,798 |
| Accounts payable and accrued expenses | $1,050 |
| Grants payable | $0 |
| Deferred revenue | $16,600 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,650 |
| Net assets without donor restrictions | $825,148 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $842,798 |
Grants Awarded
Over the last fiscal year, Thousand Oaks Rotary Foundation has awarded $48,350 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Evanston, IL PURPOSE: SARADA EQUIP PLANETARIUM HEAR AIDES | $28,350 |
Long Beach, CA PURPOSE: SPECIAL OLYMPICS | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thousand Oaks Rotary Foundation has recieved totaling $8,500.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $8,500 |
Endowment Analysis
| Beg. Balance | $763,965 |
| Earnings | $32,412 |
| Admin Expense | $4,734 |
| Ending Balance | $791,643 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bayview Hunters Point Foundation San Francisco, CA | $2,481,067 | $10,177,517 |
Price Charities La Jolla, CA | $164,280,959 | $10,990,716 |
The A21 Campaign Inc Santa Ana, CA | $5,387,763 | $11,083,951 |
Mind Oc Irvine, CA | $53,343,760 | $16,090,055 |
Pomeroy Recreation And Rehabilitation Center San Francisco, CA | $31,085,839 | $13,480,522 |
University Muslim Medical Association Inc Los Angeles, CA | $12,401,964 | $10,854,261 |
Friendly House Inc Phoenix, AZ | $7,870,507 | $9,211,511 |
St Vincent De Paul Society San Rafael, CA | $12,909,798 | $10,000,754 |
Safe Place For Youth Marina Del Rey, CA | $3,604,581 | $8,768,590 |
Marthas Kitchen San Jose, CA | $10,899,790 | $10,032,093 |
Ho Ola Lahui Hawaii Lihue, HI | $5,116,991 | $9,754,999 |
Community Action Of Napa Valley Napa, CA | $6,369,464 | $9,725,210 |