Civic Intelligence

Ludlow Area Rotary Charitable Fund

EIN 03-0367567 • 501(c)3 • Ludlow, VT

Profile

Promotion of civic activities

PO Box 216Ludlow, VT 05149

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.06x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.02x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

51st percentile

4.8%

Higher net margin than 51% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

81st percentile

28%

Faster asset growth than 81% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

1531%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$191,677

Up $41,377 (+28%) from 2023

Liabilities

$12,167

No earlier filing loaded for comparison.

Net Assets

Up

$179,510

Up $29,210 (+19%) from 2023

Revenue

Up

$603,747

Up $566,720 (+1531%) from 2023

Expenses

Up

$574,537

Up $548,592 (+2114%) from 2023

Net Income

Up

$29,210

Up $18,128 (+164%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2011: $19,216Liabilities 2011: $02011Assets 2012: $44,113Liabilities 2012: $02012Assets 2013: $45,756Liabilities 2013: $02013Assets 2014: $142,922Liabilities 2014: $02014Assets 2015: $126,490Liabilities 2015: $02015Assets 2016: $126,800Liabilities 2016: $02016Assets 2017: $124,356Liabilities 2017: $0Net Assets 2017: $124,3562017Assets 2018: $135,936Liabilities 2018: $6,212Net Assets 2018: $129,7242018Assets 2019: $137,545Liabilities 2019: $5,000Net Assets 2019: $132,5452019Assets 2020: $123,994Liabilities 2020: $0Net Assets 2020: $123,9942020Assets 2021: $122,204Liabilities 2021: $3,520Net Assets 2021: $118,6842021Assets 2022: $142,126Liabilities 2022: $2,908Net Assets 2022: $139,2182022Assets 2023: $150,300Net Assets 2023: $150,3002023Assets 2024: $191,677Liabilities 2024: $12,167Net Assets 2024: $179,5102024

Highlighted filing

2024

Assets$191,677
Liabilities$12,167
Net Assets$179,510

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $36,779Expenses 2011: $28,918Net Income 2011: $7,8612011Revenue 2012: $39,716Expenses 2012: $34,584Net Income 2012: $5,1322012Revenue 2013: $42,214Expenses 2013: $40,571Net Income 2013: $1,6432013Revenue 2014: $151,641Expenses 2014: $54,475Net Income 2014: $97,1662014Revenue 2015: $40,514Expenses 2015: $56,946Net Income 2015: -$16,4322015Revenue 2016: $48,237Expenses 2016: $47,927Net Income 2016: $3102016Revenue 2017: $30,611Expenses 2017: $33,055Net Income 2017: -$2,4442017Revenue 2018: $37,168Expenses 2018: $31,800Net Income 2018: $5,3682018Revenue 2019: $32,926Expenses 2019: $30,105Net Income 2019: $2,8212019Revenue 2020: $21,030Expenses 2020: $29,581Net Income 2020: -$8,5512020Revenue 2021: $29,806Expenses 2021: $35,116Net Income 2021: -$5,3102021Revenue 2022: $59,370Expenses 2022: $38,836Net Income 2022: $20,5342022Revenue 2023: $37,027Expenses 2023: $25,945Net Income 2023: $11,0822023Revenue 2024: $603,747Expenses 2024: $574,537Net Income 2024: $29,2102024

Highlighted filing

2024

Revenue$603,747
Expenses$574,537
Net Income$29,210

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.92$0.12$1.80$6.04$5.75$0.29
2023Detailed filing. Detailed filing data is available for this year.$1.50$1.50$0.37$0.26$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.03$1.39$0.59$0.39$0.21
2021Detailed filing. Detailed filing data is available for this year.$1.22$0.04$1.19$0.30$0.35$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$0.21$0.30$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.05$1.33$0.33$0.30$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.06$1.30$0.37$0.32$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$0.31$0.33$0.02
2016Summary only. Only limited summary data is available for this year.$1.27$0.00$0.48$0.48$0.00
2015Summary only. Only limited summary data is available for this year.$1.26$0.00$0.41$0.57$0.16
2014Summary only. Only limited summary data is available for this year.$1.43$0.00$1.52$0.54$0.97
2013Summary only. Only limited summary data is available for this year.$0.46$0.00$0.42$0.41$0.02
2012Summary only. Only limited summary data is available for this year.$0.44$0.00$0.40$0.35$0.05
2011Summary only. Only limited summary data is available for this year.$0.19$0.00$0.37$0.29$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 7, 2025
Return Version
2023v6.0
Gross Receipts
$659,267
Mission and Program Overview

Mission

Promotion of civic activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$150,300$179,510▲ $29,210
Cash and Non-Interest-Bearing Accounts$35,904$113,211▲ $77,307
Investments in Publicly Traded Securities$114,246$78,466▼ $35,780
Accounts Receivable$150$0▼ $150
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$150,300$191,677▲ $41,377
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$12,167-
Total Liabilities$0$12,167▲ $12,167
Net Assets / Fund Balance
Total Net Assets Fund Balance$150,300$179,510▲ $29,210
Total Liabilities and Net Assets / Fund Balance$150,300$191,677▲ $41,377
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom RayPresident
Art RandolphDirector
Brigid SullivanDirector
Jim RumrillDirector
Kevin BarnesDirector
Sharon BixbyDirector
Barbara LemireSecretary
Kim LampertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$564,771
Program Service Revenue
$0
Investment Income
$17,596
Other Revenue
$21,380
All Other Contributions
$564,771
Change in Net Assets
$29,210
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$567,090
Other Expenses$7,447
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$567,090--$567,090
Other Expenses-$849-$849
Fees for Service Investment Mgmnt Fees-$765-$765
Total Functional Expenses$567,090$7,447$0$574,537
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,994
Fundraising Direct Expenses$10,614
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Penny Sale$18,925$18,925$7,339$11,586
Chili Cook Off$8,571$8,571$1,622$6,949
Total Events$27,496$27,496$8,961$18,535
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Ludlow Area Rotary Charitable Fund
EIN
03-0367567
Address
PO BOX 216, LUDLOW, VT 05149

Signing Officer

Name
Kim Lampert
Title
Treasurer
Signed
2025-03-07
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
8
Independent Board Members
0
Employees
0
Volunteers
35

Preparer

Firm
Timothy L Faulkner CPA PC
Address
28 Pond St, Ludlow, VT 05149
Preparer
Timothy L Faulkner
Phone
8022285575
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0150300
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt034372
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt026920
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt09320
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0658611
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt017596
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02655
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02006
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01825
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02980
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt027062
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportTotal170Amt0658611
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IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CHILI COOK OFF
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018925
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08571
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018925
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0567090
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FLOOD RELIEF AND SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt075
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IRS990ScheduleI/TotalOtherOrgCnt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0567090
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IRS990/TotalProgramServiceRevenueAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0603747
IRS990/TotalVolunteersCnt035
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0191677
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO BOX 216
IRS990/USAddress/CityNm0LUDLOW
IRS990/USAddress/StateAbbreviationCd0VT
IRS990/USAddress/ZIPCd005149
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KIM LAMPERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LUDLOW AREA ROTARY CHARITABLE FUND
ReturnHeader/Filer/BusinessNameControlTxt0LUDL
ReturnHeader/Filer/EIN0030367567
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 216
ReturnHeader/Filer/USAddress/CityNm0LUDLOW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005149
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030334408
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Timothy L Faulkner CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt028 Pond St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ludlow
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005149
ReturnHeader/PreparerPersonGrp/PhoneNum08022285575
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy L Faulkner
ReturnHeader/ReturnTs02025-03-07T08:02:53-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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