East Bremerton Rotary Foundation
- Assets
- $297.3k
- Revenue
- $57.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Bremerton, WA
- Founding
- 11/1985
- Data as of
- 06/2022
- EIN
- 91-1310143
Organization Overview
East Bremerton Rotary Foundation is located in Bremerton, WA. The organization was established in 1985. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Bremerton 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 06/2022, East Bremerton Rotary Foundation generated $57.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $55.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY, INTERNATIONAL AND VOCATIONAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SERVICE - FINANCIAL SUPPORT OF LOCAL CHARITIES AND BENEVOLENT PROJECTS. MEMBERS ALSOPROVIDE SERVICES, VOLUNTEER LABOR AND SUPPLIES FOR LOCAL SERVICEPROJECTS.
VOCATIONAL SERVICES - PROVIDED SCHOLARSHIPS AND RECOGNITION TO LOCAL STUDENTS AND TEACHERS TO ENHANCE EDUCATIONAL OPPORTUNITIES AND PROMOTE COMMUNITY SERVICE.
INTERNATIONAL SERVICES - PROVIDED FINANCIAL SUPPORT TO INTERNATIONAL CHARITABLE PROJECTS TO PROMOTE INTERNATIONAL GOODWILL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Lovato Director | Trustee | 2 | $0 |
David Nelson Director | Trustee | 2 | $0 |
Stacy Dore Director | Trustee | 2 | $0 |
Donna Evans Director | Trustee | 2 | $0 |
Jerry Letexier Director | Trustee | 2 | $0 |
Patty Murphy Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,500 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,611 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,111 |
| Total Program Service Revenue | $0 |
| Investment income | $17,676 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,353 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $57,140 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,248 |
| Grants and other assistance to domestic individuals. | $46,536 |
| 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 | $0 |
| 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 | $700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,359 |
| Fees for services: Other | $240 |
| 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 | $55,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $114,286 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $183,021 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $297,307 |
| Accounts payable and accrued expenses | $1,233 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,233 |
| Net assets without donor restrictions | $296,074 |
| 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 | $297,307 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that East Bremerton Rotary Foundation has recieved totaling $9,647.
| Awarding Organization | Amount |
|---|---|
Silverdale Rotary Club Foundation Silverdale, WA PURPOSE: Provide free dictionaries to local students | $9,647 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chump Change Foundation Kirkland, WA | $52,581 | $511,084 |
Magnolia Better Together Seattle, WA | $5,857 | $0 |
Love In The Name Of Christ Of Yakima Yakima, WA | $382,819 | $210,005 |
Communities Of Concern Commission Seattle, WA | $516,318 | $303,500 |
Kline Galland Center Foundation Seattle, WA | $40,967,797 | $3,584,951 |
Butte Falls Community School Partnership Butte Falls, OR | $762,666 | $118,448 |
Petersville Community Non-Profit Corporation Trapper Creek, AK | $194,864 | $0 |
Brilliance Labs Portland, OR | $2,722,476 | $3,255,829 |
Wider Horizons Seattle, WA | $125,399 | $0 |
Othello Beautification Committee Othello, WA | $58,463 | $0 |
Kirkland Parks & Community Foundation Kirkland, WA | $57,089 | $0 |
The Slavonian-American Benevolent Society Tacoma, WA | $117,773 | $0 |