Form 990 for tax year 2023
Filed by GILROY ROTARY CLUB ENDOWMENT INC.
Totals
- Total revenue
- $190,697
- Total expenses
- $137,515
- Contributions and grants received
- $128,482
- Grants paid
- $133,060
- Program service revenue
- $0
- Investment income
- $62,215
- Other revenue
- $0
- Total assets, end of year
- $1,439,714
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,439,714
- Program services expenses (Part IX)
- $133,060
- Management and general expenses
- $4,455
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $133,060
Program services were 96.8% 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
$128,482
-
3 · Investment income
total $62,215 · excluded $62,215
-
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
-
8c · Net income from fundraising events
total $0
-
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 $65,810 · program services $65,810
-
2 · Grants to domestic individuals
total $67,250 · program services $67,250
-
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 $4,365 · management and general $4,365
-
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: FILING FEES
total $75 · management and general $75
-
24b · Other expenses: BANK CHARGES
total $15 · management and general $15
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $101,796 · end of year $142,763
-
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 $1,129,248 · end of year $1,296,951
-
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
-
31 · Retained earnings, endowment or other funds
beginning of year $1,231,044 · end of year $1,439,714
Mission and programs · 2023
Mission
TO SUPPORT CHARITABLE, YOUTH-ORIENTED AND EDUCATIONAL ACTIVITIES IN THE COMMUNITY.
-
PROVIDED SCHOLARSHIP FUNDS FOR POST-SECONDARY EDUCATION COSTS FOR A STUDENT LIVING OR GOING TO SCHOOL IN THE COMMUNITY.
Expenses $67,250
-
PROVIDED SUPPORT TO VARIOUS PROGRAMS OF LOCAL SCHOOLS AND ORGANIZATIONS. GRANTS ARE GIVEN DIRECTLY TO THE ORGANIZATION OR TO VARIOUS SCHOOLS, CLUBS AND BOOSTER ORGANIZATIONS.
Expenses $56,518
-
PROVIDED FINANCIAL SUPPORT TO CITY OF GILROY FOR YOUTH-BASED PROGRAMS IN THE COMMUNITY
Expenses $9,292
As filed on the 2023 return.
Listed in Part VII
-
Jay BaksaJAY BAKSA
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Peter KatavichPETER KATAVICH
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
John KentJOHN KENT
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Edward SeledonEDWARD SELEDON
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael DornMICHAEL DORN
CFO
- Total calculated
- $0
- Hours/week
- 2
-
Marie BlankleyMARIE BLANKLEY
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Joel GoldsmithJOEL GOLDSMITH
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Rachel PerezRACHEL PEREZ
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert WagnerROBERT WAGNER
President
- Total calculated
- $0
- Hours/week
- 0.5
-
Laura BrownLAURA BROWN
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Ryan DinsmoreRYAN DINSMORE
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
-
ALL 5000 OR LESS
$37,074
VARIOUS - SEE FORM 990, PART III
-
CITY OF GILROY
$9,292
VARIOUS - SEE FORM 990, PART III
-
GILROY HIGH SCHOOL
$7,139
VARIOUS - SEE FORM 990, PART III
-
BROWNELL MIDDLE SCHOOL
$6,750
VARIOUS - SEE FORM 990, PART III
-
CHRISTOPHER HIGH SCHOOL
$5,555
VARIOUS - SEE FORM 990, PART III
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.
-
501(C)4 · SERVICE TO THE COMMUNITY AND THE WORLD · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 31 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433059349300943
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