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Nonprofiteer
← ROCKFORD ROTARY CHARITABLE ASSOCIATION

Form 990 for tax year 2022

Filed by ROCKFORD ROTARY CHARITABLE ASSOCIATION.

Totals

Total revenue
$63,952
Total expenses
$76,041
Contributions and grants received
$17,680
Grants paid
$44,255
Program service revenue
$0
Investment income
$46,272
Other revenue
$0
Total assets, end of year
$1,230,148
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,230,148
Program services expenses (Part IX)
$72,863
Management and general expenses
$3,178
Fundraising expenses
$0
Program service expenses (Part III)
$72,863

Program services were 95.8% 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

    $17,680

  • 3 · Investment income

    total $46,272 · excluded $46,272

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $44,255 · program services $44,255

  • 11c · Fees: accounting

    total $2,315 · management and general $2,315

  • 24a · Other expenses: ACADEMY LUNCHES AND DIN

    total $22,026 · program services $22,026

  • 24b · Other expenses: RECOGNITION LUNCHES

    total $3,608 · program services $3,608

  • 24c · Other expenses: LOCAL PROJECTS

    total $2,974 · program services $2,974

  • 24d · Other expenses: BANK CHARGES

    total $398 · management and general $398

  • 24e · All other expenses

    total $465 · management and general $465

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $189,266 · end of year $176,551

  • 11 · Investments: publicly traded securities

    beginning of year $1,053,597 · end of year $1,053,597

  • 25 · Other liabilities

    beginning of year $625 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $1,242,238 · end of year $1,230,148

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

TO PROVIDE LEADERSHIP SUPPORT FOR AT RISK YOUTH IN AN EFFORT TO IMPROVE THE PERFORMANCE AND OUTCOME OF THE STUDENTS IN THE ROCKFORD PUBLIC SCHOOL DISTRICT FOR THE BENEFIT OF THE GENERAL PUBLIC.

Activities or mission (Part I)

TO PROVIDE LEADERSHIP SUPPORT FOR AT RISK YOUTH WITHIN THE COMMUNITY.

  • ROTARY ACADEMY PROGRAM - THE ROTARY ACADEMY PROGRAM IS ROCKFORD ROTARY CHARITABLE ASSOCIATION'S SIGNATURE PROJECT. THE ROTARY ACADEMY IS A LEADERSHIP PROGRAM FOR AT RISK YOUTH IN THE ROCKFORD PUBLIC SCHOOL DISTRICT #205. IT INVOLVES MIDDLE SCHOOL STUDENTS RECEIVING VARIOUS LEADERSHIP AND TEAMWORK TRAINING, SUCH AS PARTICIPATION IN A HIGH ROPES COURSE OFFERED BY THE LOCAL YMCA, CRITICAL THINKING TRAINING, ETIQUETTE TRAINING AND RELATED EDUCATIONAL ACTIVITIES USUALLY INVOLVING A GROUP SERVICE PROJECT BY THOSE PARTICIPATING AT EACH OF THE DISTRICT'S MIDDLE SCHOOLS. THIS REPRESENTS A VERY SUBSTANTIAL ONGOING ACTIVITY FOR THE BENEFIT OF THE GENERAL PUBLIC IN EFFORTS TO IMPROVE THE PERFORMANCE AND OUTCOME OF THE STUDENTS IN THE ROCKFORD PUBLIC SCHOOL DISTRICT.

    Expenses $58,633 · Grants $33,000

  • DURING THE YEAR, ROCKFORD ROTARY CHARITABLE ASSOCIATION MADE GRANTS TO THE ROCKFORD PUBLIC LIBRARY SO THAT THEY COULD PURCHASE NEW BOOKS FOR THE LIBRARY'S COLLECTION.

    Expenses $2,915 · Grants $2,915

  • COLLEGE SCHOLARSHIPS - BASED ON A GENEROUS GIFT FROM THE BROTHER OF A DECEASED MEMBER, THE ROCKFORD ROTARY CHARITABLE ASSOCIATION ESTABLISHED A SCHOLARSHIP PROGRAM BY WHICH THE PRINCIPALS OF THE 10 AREA HIGH SCHOOLS SELECT A TEACHER AND A MALE AND FEMALE SENIOR STUDENT TO BE RECOGNIZED FOR THEIR COMMUNITY SERVICE WITH THE STUDENTS INVITED TO WRITE AN ESSAY ABOUT THEIR COMMUNITY SERVICE TO BE CONSIDERED FOR A SCHOLARSHIP. THE ESSAYS ARE REVIEWED BY A COMMITTEE OF THE ROCKFORD ROTARY CHARITABLE ASSOCIATION AND TWO OF THE STUDENTS, ONE MALE, ONE FEMALE, ARE SELECTED TO RECEIVE SCHOLARSHIPS FOR THEIR FIRST YEAR OF COLLEGE OR OTHER POST-SECONDARY EDUCATION.

    Expenses $4,000 · Grants $4,000

  • OTHER GRANTS INCLUDED: BOOKS FOR SECOND GRADERS, SUPPORT FOR THE UKRAINE, BACKPACKS FOR YOUTH IN THE AREA AND VARIOUS YOUTH ACTIVITES.

    Expenses $7,315 · Grants $4,340

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Peter Rundquist

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Michael Foreman

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    0.5
  • Monica Glenny

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Cynthia Drollinger

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • Terry Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Frank Buchmann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Elise Cadigan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Robert Canfield

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • James Coffey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Warren Heinke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Linda Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Kathy Kwiat-Hess

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Eric Moe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Lynn Momberger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Mary Ann Norwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Thomas Scoville

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Tyler Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
17 January 2024
IRS schema version
2022v5.0
Source object
202440319349301824

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