Form 990 for tax year 2023
Filed by ROTARY CLUB OF REDONDO BEACH COMMUNITY FOUNDATION.
Totals
- Total revenue
- $240,070
- Total expenses
- $117,268
- Contributions and grants received
- $155,690
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $54,216
- Other revenue
- $30,164
- Total assets, end of year
- $492,794
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $492,794
- Program services expenses (Part IX)
- $115,788
- Management and general expenses
- $1,480
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $115,788
Program services were 98.7% 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.
-
1f · All other contributions, gifts and grants
$155,690
-
3 · Investment income
total $54,216 · related or exempt $54,216
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$47,335
-
8b · Fundraising events: direct expenses
$17,171
-
8c · Net income from fundraising events
total $30,164 · excluded $30,164
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $690 · management and general $690
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Community Service Contribution
total $54,153 · program services $54,153
-
24b · Other expenses: Youth Service Projects
total $22,772 · program services $22,772
-
24c · Other expenses: International Projects
total $21,788 · program services $21,788
-
24d · Other expenses: Vocational Service
total $17,075 · program services $17,075
-
24e · All other expenses
total $790 · management and general $790
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $119,488 · end of year $146,334
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $250,504 · end of year $346,460
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $369,992 · end of year $492,794
Mission and programs · 2023
Mission
To provide relief to the poor, distressed, and underprivileged, and to support organizations that do likewise.
-
Community service - We contributed to organizations that - supported victims of domestic violence, supported victims of human trafficking, enhanced local students ability to learn and succeed in school, provided vision and dental services to middle and high school students, provided food to the poor and supported the Redondo Beach Police Reserves Corp
Expenses $54,153
-
Youth Services - We contributed to students by -Recognizing exceptional grade school students, providing scholarships for high school students, supporting the Interact Club at the local high school, supporting students learning to be entrepreneurs, supporting two exchange students from overseas, providing mini-grants to middle school teachers and sending 4 students to the Rotary Youth Leadership Assembly
Expenses $22,772
-
International Service - We contributed to organizations that - Supported youth in Kenya, Ethiopia, Belize, and La Paz Mexico, developed clean water projects in Kenya, provided disaster support in Turkiye, Distributed food for Africa, provided education to achieve fair elections in Sierra Leone, and shipped crutches, wheelchairs and moblity devices to Africa
Expenses $21,788
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Laurel Cameron
President
- Total calculated
- $0
- Hours/week
- 3
-
Robert Hockberger
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
James Stickler
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Nancy Weisel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Steve Scerra
Director
- Total calculated
- $0
- Hours/week
- 1
-
Faisal Hashmi
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jeff Weigel
Director
- Total calculated
- $0
- Hours/week
- 1
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
- 2023
- Filed
- 6 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412199349301741
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