Form 990 for tax year 2022
Filed by VERRAZANO ROTARY CHARITABLE FOUNDATION.
Totals
- Total revenue
- $138,401
- Total expenses
- $142,242
- Contributions and grants received
- $128,591
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $9,810
- Total assets, end of year
- $484,198
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $484,198
- Program services expenses (Part IX)
- $142,242
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $142,242
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$25,725
-
1c · Fundraising events
$93,020
-
1f · All other contributions, gifts and grants
$9,846
-
8a · Fundraising events: gross income
$93,020
-
8a · Fundraising events: contributions included on line 1c
$93,020
-
8b · Fundraising events: direct expenses
$83,210
-
8c · Net income from fundraising events
total $9,810 · unrelated business $0 · excluded $9,810
Functional expenses
Part IX, the statement of functional expenses.
-
24a · Other expenses: CHARITY
total $56,358 · program services $56,358 · management and general $0 · fundraising $0
-
24b · Other expenses: EVENTS
total $83,219 · program services $83,219 · management and general $0 · fundraising $0
-
24e · All other expenses
total $2,665 · program services $2,665 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $488,040 · end of year $484,198
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $488,040 · end of year $484,198
Mission and programs · 2022
Mission
PURPOSE IS TO RECEIVE CHARITABLE DONATIONS AND TO DISTRIBUTE TO OTHER QUALIFIED CHARITABLE ORGANIZATIONS UNDER SECT 501C(3)
-
SPONSOR SPECIAL EVENTS AND FUNDRAISER ACTIVITIES TO RAISE MONEY TO BE DISTRIBUTED TO OTHER CHARITABLE ORGANIZATIONS. SPECIAL EVENTS INCLUDE FASHION SHOW, DINNER DANCE, AND GOLF OUTING
Expenses $142,242 · Revenue $138,401
As filed on the 2022 return.
Listed in Part VII
-
Joseph A CaruanaJOSEPH A CARUANA
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Joseph SpezialeJOSEPH SPEZIALE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Robert LindsayROBERT LINDSAY
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349330572
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