Civic Intelligence

Rotary Club of Riverhead New York USA Inc

990 • Fiscal year 2014 • EIN 11-1875472

Jul 01, 2013 to Jun 30, 2014 • Filed on May 15, 2015

PO Box 518Riverhead, NY 11901-0503

(631) 722-5300

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.57x

Higher debt load relative to assets than 92% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

0.81x

Higher debt load relative to revenue than 92% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Net Margin

55th percentile

5.3%

Higher net margin than 55% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Asset Growth

9th percentile

-33%

Faster asset growth than 9% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

29th percentile

-9.6%

Faster revenue growth than 29% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$168,277

Down $82,121 (-33%) from 2013

Net Assets

Down

$72,277

Down $98,621 (-58%) from 2013

Liabilities

Up

$96,000

Up $16,500 (+21%) from 2013

Revenue

Down

$117,873

Down $12,525 (-9.6%) from 2013

Expenses

Down

$111,676

Down $2,343 (-2.1%) from 2013

Net Income

Down

$6,197

Down $10,182 (-62%) from 2013

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $247,449Liabilities 2011: $60,500Net Assets 2011: $186,9492011Assets 2012: $223,924Liabilities 2012: $69,625Net Assets 2012: $154,2992012Assets 2013: $250,398Liabilities 2013: $79,500Net Assets 2013: $170,8982013Assets 2014: $168,277Liabilities 2014: $96,000Net Assets 2014: $72,2772014Assets 2015: $64,588Liabilities 2015: $1,000Net Assets 2015: $63,5882015Assets 2017: $62,153Liabilities 2017: $6,500Net Assets 2017: $55,6532017Assets 2018: $58,345Liabilities 2018: $7,500Net Assets 2018: $50,8452018Assets 2019: $88,474Liabilities 2019: $1,320Net Assets 2019: $87,1542019Assets 2020: $120,701Liabilities 2020: $2,000Net Assets 2020: $118,7012020Assets 2021: $113,943Liabilities 2021: $0Net Assets 2021: $113,9432021Assets 2022: $105,035Liabilities 2022: $500Net Assets 2022: $104,5352022Assets 2023: $102,001Liabilities 2023: $0Net Assets 2023: $102,0012023Assets 2024: $93,054Liabilities 2024: $0Net Assets 2024: $93,0542024

Highlighted filing

2014

Assets$168,277
Liabilities$96,000
Net Assets$72,277

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $111,236Expenses 2011: $99,873Net Income 2011: $11,3632011Revenue 2012: $87,367Expenses 2012: $120,017Net Income 2012: -$32,6502012Revenue 2013: $130,398Expenses 2013: $114,019Net Income 2013: $16,3792013Revenue 2014: $117,873Expenses 2014: $111,676Net Income 2014: $6,1972014Revenue 2015: $189,052Expenses 2015: $203,343Net Income 2015: -$14,2912015Revenue 2017: $57,781Expenses 2017: $57,574Net Income 2017: $2072017Revenue 2018: $63,930Expenses 2018: $68,738Net Income 2018: -$4,8082018Revenue 2019: $64,653Expenses 2019: $55,777Net Income 2019: $8,8762019Revenue 2020: $93,913Expenses 2020: $62,366Net Income 2020: $31,5472020Revenue 2021: $47,294Expenses 2021: $52,052Net Income 2021: -$4,7582021Revenue 2022: $64,913Expenses 2022: $74,321Net Income 2022: -$9,4082022Revenue 2023: $54,521Expenses 2023: $57,055Net Income 2023: -$2,5342023Revenue 2024: $59,568Expenses 2024: $68,515Net Income 2024: -$8,9472024

Highlighted filing

2014

Revenue$117,873
Expenses$111,676
Net Income$6,197
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 15, 2015
Return Version
2013v4.0
Gross Receipts
$210,323
Mission and Program Overview

Mission

The mission of rotary is to provide service to others, promote integrity, and advance world understanding, goodwill, and peace through its fellowship of business, professional and community leaders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$250,398$168,277▼ $82,121
Total Assets$250,398$168,277▼ $82,121
Liabilities
Other Liabilities$79,500$96,000▲ $16,500
Total Liabilities$79,500$96,000▲ $16,500
Net Assets / Fund Balance
Unrestricted Net Assets$161,638$65,011▼ $96,627
Temporarily Rstr Net Assets$9,260$7,266▼ $1,994
Total Net Assets Fund Balance$170,898$72,277▼ $98,621
Total Liabilities and Net Assets / Fund Balance$250,398$168,277▼ $82,121

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2012$93,929$44,765--$100,694
2011$115,772$2,157--$93,929
2010$111,224$28,548--$115,772
2009$102,971$30,253--$111,224
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$29,278
Program Service Revenue
$0
Investment Income
$391
Other Revenue
$88,204
All Other Contributions
$12,000
Change in Net Assets
$6,197
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$78,877
Other Expenses$32,799
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$45,500--$45,500
Grants to Domestic Orgs$33,377--$33,377
Payments to Affiliates$13,899--$13,899
Conferences and Meetings$2,157$2,488-$4,645
Office Expenses-$1,638-$1,638
Other Expenses$1,099$2,183-$1,099
All Other Expenses$1,000--$1,000
Total Functional Expenses$105,367$6,309$0$111,676
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
36-3245072-501(c)-$9,400
20-0714587-501(c)-$6,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$180,654
Fundraising Direct Expenses$92,450
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$52,931$52,931$16,409$36,522
Event 2$46,643$46,643-$46,643
Total Events$171,699$171,699$89,059$82,640
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Scholarships Payable$96,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The annual financiqal statements are reveiwed by the board of directors. The form 990 is reviewed by the president elect and treasurer, both certified public accountants and a copy is distributed to the board of directors and posted on the rotary clubs website for all club memebrs to access.

Form 990, Page 6, Part VI, Line 19

Governing documents are made public to those who inquire via written request to the club.

Filing and Contact Details

Filer

EIN
11-1875472
Phone
6317225300

Signing Officer

Name
Ronald G Farnworth
Title
Treasurer
Phone
6317225300
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald G Farnworth CPA
Formed
1931
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
89

Preparer

Preparer
Ronald G Farnworth CPA
Phone
6317225300
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Holiday food baskets: to provide holiday groceries to 200 families in need other unallocated program related expenses

Form 990, Part XI, Line 9

Transfer to riverhead rotary charities 104,818

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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt072125
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt052931
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt072125
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IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0STARK MEMORIAL
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0LUNCHEONS, DINN
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt082640
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt020577
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016409
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt31000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt41000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt52000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt62500
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1STARK MEM. SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2BOCES SCHOOL AWARD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3NJROTC SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4INTERACT SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5TRUTECH SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt6BUD LUCE MEMORIAL SCHOLAR
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IRS990ScheduleI/RecipientTable/CashGrantAmt09400
IRS990ScheduleI/RecipientTable/CashGrantAmt16000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10ROTARY FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine11CENTRAL SUFFOLK HOSPITAL FDN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine20PECONIC BAY MED CTR FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0363245072
IRS990ScheduleI/RecipientTable/RecipientEIN1200714587
IRS990ScheduleI/RecipientTable/USAddress/AddressLine101560 SHERMAN AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine111300 ROANOKE AVENUE
IRS990ScheduleI/RecipientTable/USAddress/City0EVANSTON
IRS990ScheduleI/RecipientTable/USAddress/City1RIVERHEAD
IRS990ScheduleI/RecipientTable/USAddress/State0IL
IRS990ScheduleI/RecipientTable/USAddress/State1NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode060201
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode111901
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOLIDAY FOOD BASKETS: TO PROVIDE HOLIDAY GROCERIES TO 200 FAMILIES IN NEED OTHER UNALLOCATED PROGRAM RELATED EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ANNUAL FINANCIQAL STATEMENTS ARE REVEIWED BY THE BOARD OF DIRECTORS. THE FORM 990 IS REVIEWED BY THE PRESIDENT ELECT AND TREASURER, BOTH CERTIFIED PUBLIC ACCOUNTANTS AND A COPY IS DISTRIBUTED TO THE BOARD OF DIRECTORS AND POSTED ON THE ROTARY CLUBS WEBSITE FOR ALL CLUB MEMEBRS TO ACCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE PUBLIC TO THOSE WHO INQUIRE VIA WRITTEN REQUEST TO THE CLUB.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TRANSFER TO RIVERHEAD ROTARY CHARITIES 104,818
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine20CLUB OF RIVERHEAD NY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10RICERHEAD ROTARY CHARITIES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0270487825
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOLARSHI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10PO BOX 518
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0RIVERHEAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0NY
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IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0104818
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt07266
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0250398
IRS990/TotalAssetsEOYAmt0168277
IRS990/TotalAssetsGrp/BOYAmt0250398
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt029278
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06309
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0105367
IRS990/TotalFunctionalExpensesGrp/TotalAmt0111676
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt079500
IRS990/TotalLiabilitiesEOYAmt096000
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IRS990/TotalOtherProgSrvcExpenseAmt017155
IRS990/TotalProgramServiceExpensesAmt0105367
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0117873
IRS990/TotalVolunteersCnt089
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0250398

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