Altadena Rotary Charities
- Assets
- $2.4m
- Revenue
- $569.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Altadena, CA
- Founding
- 05/1998
- Data as of
- 06/2022
- EIN
- 95-4600758
Organization Overview
Altadena Rotary Charities is located in Altadena, CA. The organization was established in 1998. 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. Altadena Rotary Charities 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, Altadena Rotary Charities generated $569.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 42.5% each year . All expenses for the organization totaled $78.0k during the year ending 06/2022. While expenses have increased by 3.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ALTADENA ROTARY CHARITIES ("ARC") WAS ORGANIZED AS A PUBLIC BENEFIT ORGANIZATION FOR 3 BROADLY CONCEIVED PURPOSES. IST, ARC WAS FOUNDED IN ORDER TO BENEFIT THE INHABITANTS OF THE ALTADENA & PASADENA AREAS OF THE W.SAN GABRIEL VALLEY OF LA COUNTY, CALIF., BY SUPPORTING THE CHARITABLE & PHILANTHROPIC WORK OF THE ROTARY CLUB OF ALTADENA THROUGH WORK PROJECTS AND THE PROVISION OF MANPOWER TO WORTHY CAUSES AND EVENTS, AND THROUGH GRANTS OF MONEY TO SCHOOLS, PARTICULARLY THOSE SERVING THE RESIDENTS OF THE ALTADENA AREA, & OTHER CHARITABLE ORGANIZATIONS.ADDITIONALLY, ARC WAS ORGANIZED IN ORDER TO SUPPORT AND OVERSEE VARIOUS CHARITABLE PROJECTS OUTSIDE THE LOCAL AREA, SUCH AS THE SUPPORT OF HOUSE BUILDING PROJECTS IN MEXICO, SUPPORT FOR THE ORGANIZATION OF JUNIOR ACHIEVEMENT IN AREAS SUCH AS THE NATION OF ARMENIA, & ENTREPRENEURIAL EDUCATION PROGRAMS IN NIGERIA.ARC WAS ALSO ORGANIZED IN ORDER TO CARRY OUT THE VARIOUS PUBLIC BENEFIT PROJECTS OF ROTARY INTERNATIONAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SERVICE - PROVIDE FUNDS FOR MINI GRANTS TO PUBLIC SCHOOL TEACHERS IN ALTADENA AREA TO AUGMENT PROGRAMS AVAILABLE; CHARITABLE CONTRIBUTIONS TO SUPPORT LOCAL CHARITIES INCLUDING PROMOTION OF AMERICANISM
INTERNATIONAL SERVICE - DONATED FUNDS FOR WORLD COMMUNITY SERVICE AND ERADICATION OF POVERTY IN AFRICA; FOR THE CURE OF POLIO WORLDWIDE AND PEACE CONFERENCE.
VOCATIONAL SERVICE - DONATED FUNDS FOR SCHOLARSHIPS TO OUTSTANDING JUNIOR COLLEGE STUDENTS, FOR MIDDLE SCHOOL & HIGH SCHOOL STUDENT LEADERSHIP TRAINING, FOR PROGRAMS SUPPORTING HIGH SCHOOL YOUTH IN THE AREAS OF COMMUNICATION, MUSIC & ENTREPRENEURSHIP. SCHOLARSHIP RECIPIENTS ARE SELECTED BY THEIR RESPECTIVE SCHOOL OR EDUCATIONAL INSTITUTIONS.
ROTARY INTERNATIONAL - DONATED FUNDS TOWARD PAUL HARRIS FUND AND OTHER RESTRICTED DONATION EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Kerekes President | OfficerTrustee | 1 | $0 |
Susan L Applegate Treasurer | OfficerTrustee | 4 | $0 |
James Gorton Secretary | OfficerTrustee | 1 | $0 |
Mark Mariscal Director | Trustee | 1 | $0 |
Doug Colliflower Director | Trustee | 1 | $0 |
Sterling Louviere Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,895 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,877 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,772 |
| Total Program Service Revenue | $0 |
| Investment income | $60,577 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $496,962 |
| Net Income from Fundraising Events | -$19,866 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $569,445 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $67,448 |
| 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 | $20 |
| Fees for services: Accounting | $1,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $920 |
| Fees for services: Other | $153 |
| Advertising and promotion | $0 |
| Office expenses | $8,100 |
| 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 | $77,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,325 |
| Savings and temporary cash investments | $130,084 |
| 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 | $2,246,964 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,338 |
| Total assets | $2,426,711 |
| Accounts payable and accrued expenses | $689 |
| Grants payable | $0 |
| Deferred revenue | $56,153 |
| 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 | $1,797 |
| Total liabilities | $58,639 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $6,734 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,361,338 |
| Total liabilities and net assets/fund balances | $2,426,711 |
Grants Awarded
Over the last fiscal year, Altadena Rotary Charities has awarded $67,448 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Altadena, CA PURPOSE: PROVIDE SUPPORT FOR SERVICE PROGRAM RELATED ROTARY PROGRAMS IN THE U.S. | $58,161 |
Evanston, IL PURPOSE: PROVIDE SUPPORT FOR SERVICE PROGRAM RELATED ROTARY PROGRAMS IN THE U.S.. | $9,287 |
Endowment Analysis
| Beg. Balance | $2,337,242 |
| Earnings | $131,562 |
| Grants | $77,992 |
| Ending Balance | $2,390,812 |
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 |