Civic Intelligence

San Mateo Rotary Foundation

990 • Fiscal year 2022 • EIN 23-7101037

Jul 01, 2021 to Jun 30, 2022 • Filed on Jun 29, 2023

PO Box 95San Mateo, CA 94401

(650) 619-8994

Siviq Scores

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

Liabilities / Assets

66th percentile

0.17x

Higher debt load relative to assets than 66% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

0.96x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

30th percentile

-2.6%

Higher net margin than 30% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

52nd percentile

2.2%

Faster asset growth than 52% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

75th percentile

33%

Faster revenue growth than 75% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,748,344

Up $37,922 (+2.2%) from 2021

Net Assets

Down

$1,443,253

Down $8,389 (-0.6%) from 2021

Liabilities

Up

$305,091

Up $46,311 (+18%) from 2021

Revenue

Up

$318,185

Up $78,961 (+33%) from 2021

Expenses

Up

$326,574

Up $133,679 (+69%) from 2021

Net Income

Down

-$8,389

Down $54,718 (-118%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,119,121Liabilities 2012: $140,969Net Assets 2012: $978,1522012Assets 2013: $1,130,196Liabilities 2013: $192,892Net Assets 2013: $937,3042013Assets 2014: $1,359,378Liabilities 2014: $194,828Net Assets 2014: $1,164,5502014Assets 2015: $1,483,599Liabilities 2015: $200,568Net Assets 2015: $1,283,0312015Assets 2016: $1,470,164Liabilities 2016: $243,877Net Assets 2016: $1,226,2872016Assets 2017: $1,468,833Liabilities 2017: $190,086Net Assets 2017: $1,278,7472017Assets 2018: $1,559,011Liabilities 2018: $245,662Net Assets 2018: $1,313,3492018Assets 2019: $1,603,910Liabilities 2019: $257,383Net Assets 2019: $1,346,5272019Assets 2020: $1,703,205Liabilities 2020: $297,892Net Assets 2020: $1,405,3132020Assets 2021: $1,710,422Liabilities 2021: $258,780Net Assets 2021: $1,451,6422021Assets 2022: $1,748,344Liabilities 2022: $305,091Net Assets 2022: $1,443,2532022Assets 2023: $1,794,427Liabilities 2023: $360,604Net Assets 2023: $1,433,8232023Assets 2024: $1,838,532Liabilities 2024: $289,349Net Assets 2024: $1,549,1832024Assets 2025: $1,979,696Liabilities 2025: $261,609Net Assets 2025: $1,718,0872025

Highlighted filing

2022

Assets$1,748,344
Liabilities$305,091
Net Assets$1,443,253

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2012: $139,4442012Expenses 2013: $201,6462013Revenue 2014: $366,717Expenses 2014: $139,471Net Income 2014: $227,2462014Revenue 2015: $297,866Expenses 2015: $179,385Net Income 2015: $118,4812015Revenue 2016: $129,859Expenses 2016: $186,603Net Income 2016: -$56,7442016Revenue 2017: $261,518Expenses 2017: $209,058Net Income 2017: $52,4602017Revenue 2018: $236,470Expenses 2018: $201,868Net Income 2018: $34,6022018Revenue 2019: $271,137Expenses 2019: $237,959Net Income 2019: $33,1782019Revenue 2020: $251,515Expenses 2020: $192,729Net Income 2020: $58,7862020Revenue 2021: $239,224Expenses 2021: $192,895Net Income 2021: $46,3292021Revenue 2022: $318,185Expenses 2022: $326,574Net Income 2022: -$8,3892022Revenue 2023: $233,859Expenses 2023: $243,289Net Income 2023: -$9,4302023Revenue 2024: $335,734Expenses 2024: $220,374Net Income 2024: $115,3602024Revenue 2025: $434,202Expenses 2025: $265,298Net Income 2025: $168,9042025

Highlighted filing

2022

Revenue$318,185
Expenses$326,574
Net Income-$8,389
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jun 29, 2023
Return Version
2021v4.2
Gross Receipts
$342,005
Mission and Program Overview

Mission

Support porgrams for youth, educational opportunities and interantional exchagnes for students, teachers, and other professionals. "service above self"

To support organizations and activities which improve and promote the local community's welfare.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,465,415$1,497,805▲ $32,390
Savings and Temporary Cash Investments$245,007$250,539▲ $5,532
Total Assets$1,710,422$1,748,344▲ $37,922
Liabilities
Other Liabilities$258,780$305,091▲ $46,311
Total Liabilities$258,780$305,091▲ $46,311
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,355,564$1,247,957▼ $107,607
Net Assets Without Donor Restrictions$96,078$195,296▲ $99,218
Total Net Assets Fund Balance$1,451,642$1,443,253▼ $8,389
Total Liabilities and Net Assets / Fund Balance$1,710,422$1,748,344▲ $37,922
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sue WinksPast-president
Rod LinharesPresident
Dick BennettPresident-elect
Dave SkrommeDirector
Eric RodriguezDirector
Juan RaigozaDirector
Laura BentDirector
Michelle PriviteraDirector
Mitch PostelDirector
Paul RogervilleDirector
Ray IversonDirector
Matt LauSecretary
Chris EckertSgt-at-arms
Ross MoilanSgt-at-arms
Bill WaltersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$222,312
Program Service Revenue
$0
Investment Income
$95,873
Other Revenue
$0
All Other Contributions
$222,312
Change in Net Assets
$-8,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$306,405
Other Expenses$20,169
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$158,566--$158,566
Grants to Domestic Individuals$147,839--$147,839
Fees for Services Accounting-$2,820-$2,820
Fees for Services Other-$1,924-$1,924
Other Expenses-$299-$299
Office Expenses-$128-$128
Total Functional Expenses$306,405$20,169$0$326,574
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
San Mateo County Community Colleges FoundationSan Mateo, CA-Scholarships$24,124
California ClubhouseSan Carlos, CA-General Assistance$20,000
One Life Counseling CenterSan Carlos, CA-General Assistance$20,000
Nami San Mateo CountySan Mateo, CA-General Assistance$11,000
Mental Health AssociationRedwood City, CA-General Assistance$10,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Scholarship Awards Payable$305,091
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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

The board of directors reviews the form 990 before it is filed.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
San Mateo Rotary Foundation
EIN
23-7101037
Phone
6506198994
Address
PO BOX 95, SAN MATEO, CA 94401

Signing Officer

Name
Bill Walters
Title
Treasurer
Phone
6505227404
Signed
2023-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Walters
Formed
1966
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
0

Preparer

Firm
S D Mayer & Associates Llp
Address
411 BOREL AVENUE SUITE 512, SAN MATEO, CA 94402
Preparer
Marianne Kristofferson
Phone
6505745000
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 1

The organization uses the modified cash basis of accounting. Under the modified cash basis of accounting, revenues are recorded when received, expenses are recorded when paid and items related to property and equipment are capitalized and depreciated. The modified cash basis differs from generally accepted accounting principles (gaap) in that under gaap, revenue is recorded when earned and expenses are recorded when incurred.

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IRS990/PYGrantsAndSimilarPaidAmt0170055
IRS990/PYInvestmentIncomeAmt0102279
IRS990/PYOtherExpensesAmt022840
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt046329
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0192895
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0239224
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-8389
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0245007
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0250539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0222312
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0136945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0141288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0181470
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0173104
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0855119
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt083538
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt078826
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt071657
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt063007
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt063366
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0360394
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.70350
IRS990ScheduleA/PublicSupportPY170Pct00.70650
IRS990ScheduleA/PublicSupportTotal170Amt0855119
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0222312
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0136945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0141288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0181470
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0173104
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0855119
IRS990ScheduleA/TotalSupportAmt01215513
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
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0305091
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SCHOLARSHIP AWARDS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0305091
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt095624
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP AWARDS TO LOCAL HIGH SCHOOL AND COMMUNITY COLLEGE STUDENTS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt037
IRS990ScheduleI/RecipientTable/CashGrantAmt020000
IRS990ScheduleI/RecipientTable/CashGrantAmt120000
IRS990ScheduleI/RecipientTable/CashGrantAmt211000
IRS990ScheduleI/RecipientTable/CashGrantAmt310500
IRS990ScheduleI/RecipientTable/CashGrantAmt424124
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CALIFORNIA CLUBHOUSE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ONE LIFE COUNSELING CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NAMI SAN MATEO COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3MENTAL HEALTH ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4SAN MATEO COUNTY COMMUNITY COLLEGES FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0462909253
IRS990ScheduleI/RecipientTable/RecipientEIN1810919786
IRS990ScheduleI/RecipientTable/RecipientEIN2942650681
IRS990ScheduleI/RecipientTable/RecipientEIN3946034112
IRS990ScheduleI/RecipientTable/RecipientEIN4946133905
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0210 INDUSTRIAL RD STE 102
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11033 LAUREL ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21730 S AMPHLETT BLVD STE 308
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt32686 SPRING ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt43401 CSM DR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SAN CARLOS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SAN CARLOS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2SAN MATEO
IRS990ScheduleI/RecipientTable/USAddress/CityNm3REDWOOD CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm4SAN MATEO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd094070
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd194070
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd294402
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd394063
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd494402
IRS990ScheduleI/Total501c3OrgCnt05
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING. UNDER THE MODIFIED CASH BASIS OF ACCOUNTING, REVENUES ARE RECORDED WHEN RECEIVED, EXPENSES ARE RECORDED WHEN PAID AND ITEMS RELATED TO PROPERTY AND EQUIPMENT ARE CAPITALIZED AND DEPRECIATED. THE MODIFIED CASH BASIS DIFFERS FROM GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) IN THAT UNDER GAAP, REVENUE IS RECORDED WHEN EARNED AND EXPENSES ARE RECORDED WHEN INCURRED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART XII LINE 1
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01710422
IRS990/TotalAssetsEOYAmt01748344
IRS990/TotalAssetsGrp/BOYAmt01710422
IRS990/TotalAssetsGrp/EOYAmt01748344
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0222312
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020169
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0306405
IRS990/TotalFunctionalExpensesGrp/TotalAmt0326574

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.26$1.72$0.43$0.27$0.17
2024Detailed filing. Detailed filing data is available for this year.$1.84$0.29$1.55$0.34$0.22$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.79$0.36$1.43$0.23$0.24$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.75$0.31$1.44$0.32$0.33$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.71$0.26$1.45$0.24$0.19$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.70$0.30$1.41$0.25$0.19$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.60$0.26$1.35$0.27$0.24$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.56$0.25$1.31$0.24$0.20$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.47$0.19$1.28$0.26$0.21$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.47$0.24$1.23$0.13$0.19$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.48$0.20$1.28$0.30$0.18$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.36$0.19$1.16$0.37$0.14$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.19$0.94$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.14$0.98$0.14
Peer Organizations

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