Ashtabula Rotary Foundation in Ashtabula, Ohio (OH)

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Ashtabula Rotary Foundation
Employer Identification Number (EIN)341503496
Name of OrganizationAshtabula Rotary Foundation
AddressPO BOX 885, Ashtabula, OH 44005-0885
ActivitiesScholarships (other), Gifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date03/1986
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$100,000 to $499,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$127,625
Amount of Income$17,175
Form 990 Revenue Amount$13,956


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Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$10,474
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$10,474
Gross income from gaming$0
Gross income from fundraising events$14,297
Less: direct expenses from gaming and fundraising events$3,823
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$7,940
Total net assets$129,626
Excess for the year$2,534
Net assets or fund balances at beginning of year$110,925
Other changes in net assets or fund balances$16,167
Balance Sheets (for 2011)
Total assets$129,626
Total liabilities$0
Net assets or fund balances$129,626
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$30,549
Gifts, grants, contributions, and membership fees received$26,871
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$3,678
Gross receipts from related activities, etc.$0
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