Form 990 for tax year 2023
Filed by SEQUIM SUNRISE ROTARY FOUNDATION.
Totals
- Total revenue
- $251,551
- Total expenses
- $116,996
- Contributions and grants received
- $51,338
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $12,823
- Other revenue
- $187,390
- Total assets, end of year
- $429,079
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $429,079
- Program services expenses (Part IX)
- $114,218
- Management and general expenses
- $2,778
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $114,218
Program services were 97.6% 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
$15,500
-
1f · All other contributions, gifts and grants
$35,838
-
3 · Investment income
total $12,823 · excluded $12,823
-
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
$221,659
-
8b · Fundraising events: direct expenses
$34,269
-
8c · Net income from fundraising events
total $187,390
-
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 $0
-
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 $184 · management and general $184
-
14 · Information technology
total $40 · management and general $40
-
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: SCHOLARSHIPS AWARDED
total $45,575 · program services $45,575
-
24b · Other expenses: RI FOUNDATON CONTRIBUTIONS
total $17,152 · program services $17,152
-
24c · Other expenses: BOYS & GIRLS CLUB
total $13,000 · program services $13,000
-
24d · Other expenses: GOOD NEWS GIVING - DONATIONS R
total $12,336 · program services $12,336
-
24e · All other expenses
total $28,709 · program services $26,155 · management and general $2,554
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $14 · end of year $866
-
2 · Savings and temporary cash investments
beginning of year $287,267 · end of year $426,613
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $1,600 · end of year $1,600
-
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
end of year $0
-
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 $216,625 · end of year $119,986
-
28 · Net assets with donor restrictions
beginning of year $72,256 · end of year $309,093
Mission and programs · 2023
Mission
THE ROTARY FOUNDATION HELPS ROTARIANS TO ADVANCE WORLD UNDERSTANDING, GOOD WILL AND PEACE BY IMPROVING HEALTH, PROVIDING QUALITY EDUCATION, IMPROVING THE ENVIRONMENT ALLEVATING POVERTY
Activities or mission (Part I)
THE FOUNDATION SUPPORTS THE CHARITABLE EFFORTS OF THE ROTARY CLUB OF SEQUIM SUNRISE IN THE COMMUNITY OF SEQUIM AS WELL AS INTERNATIONALLY THROUGH SERVICE PROJECTS BENEFITING COMMUNITY YOUTH, EDUCATION, LITERACY AND THE ENVIRONMENT.
-
SCHOLARSHIPS
Expenses $45,575
-
GOOD NEWS GIVING - DONATIONS RECEIVED FROM MEMBERS DURING HYBIRD MEETINGS TO BENEFIT MISCELLANEOUS LOCAL ENTITIES INCLUDING:SEQUIM HIGH SCHOOL PROJECTSSEQUIM WHELLERSSTOVE TEAM INTERNATIONALHOSPICE OF CLALLAM COUNTYNORTH OLYMPIC LIBRARYNAMIBIA EDUCATIONMAUI DISASTER RELIEFVARIOUS OTHER PROJECTS AS NEEDEDCLALLAM MOSAIC SEQUIM SCHOOL DISTRICT - CTE PROGRAM AN DMCKENNEY VENTO PROGRAM
Expenses $38,491
-
ROTARY INTERNATIONAL FOUNDATION
Expenses $17,152
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jon JackJON JACK
FOUNDATION CHR
- Total calculated
- $0
- Hours/week
- 0
-
Ann FlackANN FLACK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Nell ClausenNELL CLAUSEN
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Carol McGintyCAROL MCGINTY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Eric MahnerdERIC MAHNERD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Kaye RichardsonKAYE RICHARDSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Ann Amala KusterANN AMALA KUSTER
Treasurer
- 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
- 2023
- Filed
- 4 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540359349300519
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