Civic Intelligence

Winchester Rotary Charitable Fund Inc.

990 • Fiscal year 2016 • EIN 04-2772656

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 10, 2016

PO Box 288Winchester, MA 01890

(617) 974-3620

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

20th percentile

-12%

Higher net margin than 20% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

54th percentile

2.8%

Faster asset growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-20%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$540,145

Up $14,926 (+2.8%) from 2015

Net Assets

Up

$540,145

Up $14,926 (+2.8%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$76,186

Down $18,944 (-20%) from 2015

Expenses

Up

$85,142

Up $11,467 (+16%) from 2015

Net Income

Down

-$8,956

Down $30,411 (-142%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $414,922Liabilities 2011: $0Net Assets 2011: $414,9222011Assets 2012: $450,420Liabilities 2012: $0Net Assets 2012: $450,4202012Assets 2013: $491,094Liabilities 2013: $0Net Assets 2013: $491,0942013Assets 2014: $544,650Liabilities 2014: $0Net Assets 2014: $544,6502014Assets 2015: $525,219Liabilities 2015: $0Net Assets 2015: $525,2192015Assets 2016: $540,145Liabilities 2016: $0Net Assets 2016: $540,1452016Assets 2017: $560,688Liabilities 2017: $0Net Assets 2017: $560,6882017Assets 2018: $581,417Liabilities 2018: $0Net Assets 2018: $581,4172018Assets 2019: $613,872Liabilities 2019: $0Net Assets 2019: $613,8722019Assets 2020: $540,356Liabilities 2020: $0Net Assets 2020: $540,3562020Assets 2021: $661,227Liabilities 2021: $0Net Assets 2021: $661,2272021Assets 2022: $577,131Liabilities 2022: $0Net Assets 2022: $577,1312022Assets 2023: $703,958Liabilities 2023: $0Net Assets 2023: $703,9582023Assets 2024: $792,399Liabilities 2024: $0Net Assets 2024: $792,3992024Assets 2025: $898,050Liabilities 2025: $0Net Assets 2025: $898,0502025

Highlighted filing

2016

Assets$540,145
Liabilities$0
Net Assets$540,145

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $69,896Expenses 2011: $44,177Net Income 2011: $25,7192011Revenue 2012: $84,713Expenses 2012: $67,243Net Income 2012: $17,4702012Revenue 2013: $91,116Expenses 2013: $53,396Net Income 2013: $37,7202013Revenue 2014: $74,364Expenses 2014: $51,556Net Income 2014: $22,8082014Revenue 2015: $95,130Expenses 2015: $73,675Net Income 2015: $21,4552015Revenue 2016: $76,186Expenses 2016: $85,142Net Income 2016: -$8,9562016Revenue 2017: $114,866Expenses 2017: $120,763Net Income 2017: -$5,8972017Revenue 2018: $80,321Expenses 2018: $68,227Net Income 2018: $12,0942018Revenue 2019: $81,371Expenses 2019: $83,403Net Income 2019: -$2,0322019Revenue 2020: $32,573Expenses 2020: $99,219Net Income 2020: -$66,6462020Revenue 2021: $30,170Expenses 2021: $76,272Net Income 2021: -$46,1022021Revenue 2022: $60,157Expenses 2022: $57,592Net Income 2022: $2,5652022Revenue 2023: $149,537Expenses 2023: $74,344Net Income 2023: $75,1932023Revenue 2024: $97,103Expenses 2024: $78,569Net Income 2024: $18,5342024Revenue 2025: $103,668Expenses 2025: $57,270Net Income 2025: $46,3982025

Highlighted filing

2016

Revenue$76,186
Expenses$85,142
Net Income-$8,956
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$185,328
Mission and Program Overview

Mission

The winchester rotary charitable fund is a not-for-profit organization that promotes world understanding through international humanitarian service programs and educational and cultural exchanges.

Promoting world understanding through humanitarian service, educational and cultural exchanges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$503,910$516,649▲ $12,739
Cash and Non-Interest-Bearing Accounts$21,309$23,496▲ $2,187
Total Assets$525,219$540,145▲ $14,926
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$525,219$540,145▲ $14,926
Total Net Assets Fund Balance$525,219$540,145▲ $14,926
Total Liabilities and Net Assets / Fund Balance$525,219$540,145▲ $14,926
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laurie RussellPresident
Caron ConnellyDirector
David LandryDirector
Grant LeungDirector
Kenan NacarDirector
Linda DoucetteDirector
Mark FisherDirector
Richard MucciDirector
Robert TedescoDirector
Stephen BuckleyDirector
Steven MixDirector
William SloanDirector
Marnee WalshSecretary
Jane ErricoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$22,911
Program Service Revenue
$0
Investment Income
$5,175
Other Revenue
$48,100
All Other Contributions
$22,911
Change in Net Assets
$-8,956
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$74,520
Other Expenses$10,622
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$54,520--$54,520
Grants to Domestic Individuals$20,000--$20,000
All Other Expenses$1,104$340-$1,444
Fees for Services Accounting-$1,000-$1,000
Other Expenses$937--$937
Information Technology-$551-$551
Office Expenses-$323-$323
Total Functional Expenses$82,928$2,214$0$85,142
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Winchester Foundation for Educational Excellence IncWinchester, MA-CONTRIBUTION IS TO SUPPORT WINCHESTER FOUNDATION FOR EDUCATIONAL EXCELLENCE'S (WFEE) FUNDRAISING CAMPAIGN TO BRING TOGETHER THE VISION OF INFRASTRUCTURE, EQUIPMENT, PROFESSIONAL DEVELOPMENT AND THE HOME SCHOOL CONNECTION.$15,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$99,366
Fundraising Direct Expenses$51,266
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$82,942$82,942$42,426$40,516
Chilifest$12,030$12,030$7,428$4,602
Total Events$99,366$99,366$51,266$48,100
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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 11

A formal review system is in the process of being created.

Form 990, Part VI, Section C, Line 19

N/A

Filing and Contact Details

Filer

Filer Name
Winchester Rotary Charitable Fund Inc
EIN
04-2772656
Phone
6179743620
Address
PO BOX 288, WINCHESTER, MA 01890

Signing Officer

Name
Jane Errico
Title
Treasurer
Phone
6179743620
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jane Errico
Formed
1982
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Barrett & Scibelli LLC
Address
8 WINCHESTER PLACE 201, WINCHESTER, MA 01890
Preparer
Christopher J Barrett CPA
Phone
7815702273
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt026609
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt085483
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05175
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt036238
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt030491
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt027738
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt017392
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0117034
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt052800
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt045624
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt041976
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt042360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt044453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0227213
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05175
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt036238
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt030491
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt027738
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt017392
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0117034
IRS990ScheduleA/InvestmentIncomeCYPct00.27230
IRS990ScheduleA/InvestmentIncomePYPct00.29490
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.72770
IRS990ScheduleA/PublicSupportPY509Pct00.70510
IRS990ScheduleA/PublicSupportTotal509Amt0312696
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt075711
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt058392
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt043873
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt063658
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt071062
IRS990ScheduleA/Total509Grp/TotalAmt0312696
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt080886
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt094630
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt074364
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt091396
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt088454
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0429730
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt051266
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CHILIFEST
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt082942
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012030
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt04394
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt099366
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt082942
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt012030
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt04394
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt099366
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt048100
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01412
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt051266
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt042426
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07428
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt020000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO HIGH SCHOOL STUDENTS FOR COLLEGE EDUCATION.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CONTRIBUTION IS TO SUPPORT WINCHESTER FOUNDATION FOR EDUCATIONAL EXCELLENCE'S (WFEE) FUNDRAISING CAMPAIGN TO BRING TOGETHER THE VISION OF INFRASTRUCTURE, EQUIPMENT, PROFESSIONAL DEVELOPMENT AND THE HOME SCHOOL CONNECTION.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WINCHESTER FOUNDATION FOR EDUCATIONAL EXCELLENCE INC
IRS990ScheduleI/RecipientTable/RecipientEIN0043138413
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 1005
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WINCHESTER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd001890
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BOARD APPROVAL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A FORMAL REVIEW SYSTEM IS IN THE PROCESS OF BEING CREATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1N/A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0525219
IRS990/TotalAssetsEOYAmt0540145
IRS990/TotalAssetsGrp/BOYAmt0525219
IRS990/TotalAssetsGrp/EOYAmt0540145
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt022911
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02214
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt082928
IRS990/TotalFunctionalExpensesGrp/TotalAmt085142
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0525219
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0540145
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt082928
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt048100
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05175
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt076186
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.98$0.00$8.98$1.04$0.57$0.46
2024Detailed filing. Detailed filing data is available for this year.$7.92$0.00$7.92$0.97$0.79$0.19
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.04$0.00$7.04$1.50$0.74$0.75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.77$0.00$5.77$0.60$0.58$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.61$0.00$6.61$0.30$0.76$0.46
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.40$0.00$5.40$0.33$0.99$0.67
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.14$0.00$6.14$0.81$0.83$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.81$0.00$5.81$0.80$0.68$0.12
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.61$0.00$5.61$1.15$1.21$0.06
2016Detailed filing. Detailed filing data is available for this year.$5.40$0.00$5.40$0.76$0.85$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.25$0.00$5.25$0.95$0.74$0.21
2014Detailed filing. Detailed filing data is available for this year.$5.45$0.00$5.45$0.74$0.52$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.91$0.00$4.91$0.91$0.53$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.50$0.00$4.50$0.85$0.67$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$0.00$4.15$0.70$0.44$0.26
Peer Organizations

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