Concord Rotary Endowment
- Assets
- $1.3m
- Revenue
- $84.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, CA
- Founding
- 11/1986
- Data as of
- 06/2021
- EIN
- 94-2970886
Organization Overview
Concord Rotary Endowment is located in Concord, CA. The organization was established in 1986. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Concord Rotary Endowment 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, Concord Rotary Endowment generated $84.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $68.5k during the year ending 06/2021. While expenses have increased by 9.6% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MISSION AND ACTIVITIES THE ORGANIZATION IS FUNDED THROUGH VARIOUS PUBLIC DONATIONS AND FUNDRAISERS THE EARNINGS OF SUCH ACTIVITIES ARE DISTRIBUTED FOR CHARITABLE, SCIENTIFIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FUNDS TO LOCAL COMMUNITY CHARITABLE ORGANIZATIONS TO ASSIST WITH VARIOUS YOUTH, EDUCATION, ARTS AND COMMUNITY PROGRAMS, INCLUDING SUPPLIES FOR A LOCAL ROTACARE MEDICAL CLINIC, BOOKS, SUPPLIES,AND DICTIONARIES FOR TWO LOCAL NEEDY ELEMENTARY SCHOOLS, AND MUSIC PROGRAMS AND LOCAL SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Miller President | OfficerTrustee | 1 | $0 |
Greg Grassi Treasurer | OfficerTrustee | 5 | $0 |
Geri Murphy Secretary | OfficerTrustee | 1 | $0 |
Kevin Matteri Vice President | Trustee | 1 | $0 |
Susan Grossman Director | Trustee | 1 | $0 |
Guy Bjerke Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,462 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,462 |
| Total Program Service Revenue | $0 |
| Investment income | $55,890 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,689 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $84,041 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $61,911 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| 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 | $983 |
| Total functional expenses | $68,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,509 |
| Savings and temporary cash investments | $0 |
| 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 | $1,190,022 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,278 |
| Total assets | $1,306,809 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $1,306,809 |
| 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 | $1,306,809 |
Grants Awarded
Over the last fiscal year, Concord Rotary Endowment has awarded $22,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Concord, CA PURPOSE: ARTS, EDUCATION | $15,000 |
Milpitas, CA PURPOSE: HEALTH | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fresno Building Healthy Communities Fresno, CA | $7,681,991 | $11,111,006 |
Korean Immigrant Workers Advocates Of Southern California Los Angeles, CA | $4,731,702 | $8,492,805 |
Native Americans For Community Action Inc Flagstaff, AZ | $13,508,728 | $5,982,716 |
Goleta Valley Professional Buildings Inc Santa Barbara, CA | $89,343,424 | $8,414,379 |
Foothill Ranch Maintenance Corporation Irvine, CA | $3,077,161 | $4,440,100 |
Pilipino Workers Center Of Southern Los Angeles, CA | $1,734,132 | $5,015,376 |
Southwest District Kiwanis Foundation Carefree, AZ | $3,902,018 | $3,838,305 |
Benevolent & Protective Order Of Elks Of The Usa Honolulu, HI | $18,759,259 | $3,966,966 |
Alliance For African Assistance San Diego, CA | $4,342,451 | $2,754,226 |
Samoan Community Development Center Incorporated San Francisco, CA | $808,922 | $2,608,203 |
Imagine Worldwide Mill Valley, CA | $4,339,932 | $3,145,641 |
East Bay Sanctuary Covenant Berkeley, CA | $2,472,298 | $3,238,698 |