Civic Intelligence

Camden Rotary Club Foundation

990 • Fiscal year 2021 • EIN 23-7125965

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 11, 2022

PO Box 602Camden, ME 04843-0602

(207) 236-9400

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

80th percentile

39%

Higher net margin than 80% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

71st percentile

26%

Faster asset growth than 71% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

59th percentile

24%

Faster revenue growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$625,083

Up $128,966 (+26%) from 2020

Net Assets

Up

$625,083

Up $128,966 (+26%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$133,699

Up $25,894 (+24%) from 2020

Expenses

Down

$81,660

Down $6,503 (-7.4%) from 2020

Net Income

Up

$52,039

Up $32,397 (+165%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $98,299Net Assets 2011: $98,2992011Assets 2012: $101,817Net Assets 2012: $101,8172012Assets 2013: $115,211Net Assets 2013: $115,2112013Assets 2014: $120,756Net Assets 2014: $120,7562014Assets 2015: $371,528Liabilities 2015: $0Net Assets 2015: $371,5282015Assets 2016: $354,745Liabilities 2016: $0Net Assets 2016: $354,7452016Assets 2018: $444,526Liabilities 2018: $0Net Assets 2018: $444,5262018Assets 2019: $475,419Liabilities 2019: $0Net Assets 2019: $475,4192019Assets 2020: $496,117Liabilities 2020: $0Net Assets 2020: $496,1172020Assets 2021: $625,083Liabilities 2021: $0Net Assets 2021: $625,0832021Assets 2022: $559,034Liabilities 2022: $0Net Assets 2022: $559,0342022Assets 2023: $599,388Liabilities 2023: $0Net Assets 2023: $599,3882023

Highlighted filing

2021

Assets$625,083
Liabilities$0
Net Assets$625,083

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $70,912Expenses 2011: $66,781Net Income 2011: $4,1312011Revenue 2012: $66,130Expenses 2012: $62,612Net Income 2012: $3,5182012Revenue 2013: $67,915Expenses 2013: $54,521Net Income 2013: $13,3942013Revenue 2014: $61,700Expenses 2014: $56,155Net Income 2014: $5,5452014Revenue 2015: $327,979Expenses 2015: $76,552Net Income 2015: $251,4272015Revenue 2016: $87,480Expenses 2016: $92,645Net Income 2016: -$5,1652016Revenue 2018: $81,501Expenses 2018: $70,780Net Income 2018: $10,7212018Revenue 2019: $103,661Expenses 2019: $96,333Net Income 2019: $7,3282019Revenue 2020: $107,805Expenses 2020: $88,163Net Income 2020: $19,6422020Revenue 2021: $133,699Expenses 2021: $81,660Net Income 2021: $52,0392021Revenue 2022: $133,249Expenses 2022: $99,144Net Income 2022: $34,1052022Revenue 2023: $117,868Expenses 2023: $92,359Net Income 2023: $25,5092023

Highlighted filing

2021

Revenue$133,699
Expenses$81,660
Net Income$52,039
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 11, 2022
Return Version
2020v4.0
Gross Receipts
$166,389
Mission and Program Overview

Mission

Camden rotary foundation supports the community through local charities, international student exchange programs, and scholarships to local high school students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$427,024$543,446▲ $116,422
Cash and Non-Interest-Bearing Accounts$69,093$81,637▲ $12,544
Total Assets$496,117$625,083▲ $128,966
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$339,861$622,438▲ $282,577
Net Assets Without Donor Restrictions$156,256$2,645▼ $153,611
Total Net Assets Fund Balance$496,117$625,083▲ $128,966
Total Liabilities and Net Assets / Fund Balance$496,117$625,083▲ $128,966

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$417,514$54,919▲ $116,423-$546,091
2019$400,568-▲ $16,946-$417,514
2018$373,451-▲ $35,117-$400,568
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris RichmondPresident
Jon GossPresident-el
Audrey Klein-leachDirector
Don WhiteDirector
Fay LarkinDirector
Judith TarboxDirector
Richard HouseholderDirector
Stephanie FrenchDirector
Tom PineDirector
Joan PhaupPast Preside
Roger MoodySecretary
Craig WilsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$86,861
Program Service Revenue
$0
Investment Income
$39,495
Other Revenue
$7,343
All Other Contributions
$57,371
Change in Net Assets
$52,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$79,745
Other Expenses$1,915
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$43,745--$43,745
Grants to Domestic Individuals$36,000--$36,000
Fees for Services Accounting-$1,850-$1,850
Other Expenses-$30-$30
Total Functional Expenses$79,745$1,915$0$81,660
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Hope for Women IncRockland, ME501c3Local Charity$11,000
The Rotary Foundation of Rotary IntEvanston, IL501c3Annual Fund$5,610
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$12,490
Gaming Direct Expenses$2,986
Fundraising Direct Expenses$2,161
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Summer Concert$29,490-$161-
Total Events$29,490-$2,161$-2,161
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 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, Page 6, Part VI, Line 6

MEMBERS

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

Board reviews tax return before filing

Form 990, Page 6, Part VI, Line 18

The foundation does not currently have an official policy for making tax forms available to the public. Adoption of such policies is currently under review with foundation's board.

Form 990, Page 6, Part VI, Line 19

The foundation does not currently have an official policy for making documents available to the public. Adoption of such policies is currently under review with foundation's board.

Filing and Contact Details

Filer

Filer Name
Camden Rotary Foundation
EIN
23-7125965
Phone
2072369400
Address
PO BOX 602, CAMDEN, ME 04843-0602

Signing Officer

Name
Craig Wilson
Title
Treasurer
Signed
2022-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Richmond
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
81

Preparer

Firm
Williams CPA Group LLC
Address
PO BOX 839, ROCKPORT, ME 04856
Preparer
Lisa Davee
Phone
2072368781
Supplemental Narrative

Additional Explanations

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

Camden rotary foundation provides various support to its supported organization and the supported organization's mission.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The foundation has 3 investment accounts created by the board at various times. The accounts were each created with the purpose of generating income through investment, and are managed by the board. The largest fund was created by the board from an unrestricted bequest to the foundation; the smallest fund was created by a board decision to move unrestricted cash funds into an investment account. These two accounts do not have stipulated uses for the funds or income generated, and use is determened by the board. The final board-designated account was created by the board with surplus restricted contributions that were donor-restricted for scholarship awards. The board has restricted the use of this fund and any related income for future scholarship grants. The small amounts held in donor-restricted funds are to be used for the rotary's polioplus program and for local scholarship awards.

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IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt079745
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CAMDEN ROTARY CLUB
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0CAMDEN ROTARY CLUB
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt079745
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
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IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.99520
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0417514
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt054919
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0546091
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt042765
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0116423
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0400568
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0417514
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt016946
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0373451
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0400568
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt08000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt035117
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS 3 INVESTMENT ACCOUNTS CREATED BY THE BOARD AT VARIOUS TIMES. THE ACCOUNTS WERE EACH CREATED WITH THE PURPOSE OF GENERATING INCOME THROUGH INVESTMENT, AND ARE MANAGED BY THE BOARD. THE LARGEST FUND WAS CREATED BY THE BOARD FROM AN UNRESTRICTED BEQUEST TO THE FOUNDATION; THE SMALLEST FUND WAS CREATED BY A BOARD DECISION TO MOVE UNRESTRICTED CASH FUNDS INTO AN INVESTMENT ACCOUNT. THESE TWO ACCOUNTS DO NOT HAVE STIPULATED USES FOR THE FUNDS OR INCOME GENERATED, AND USE IS DETERMENED BY THE BOARD. THE FINAL BOARD-DESIGNATED ACCOUNT WAS CREATED BY THE BOARD WITH SURPLUS RESTRICTED CONTRIBUTIONS THAT WERE DONOR-RESTRICTED FOR SCHOLARSHIP AWARDS. THE BOARD HAS RESTRICTED THE USE OF THIS FUND AND ANY RELATED INCOME FOR FUTURE SCHOLARSHIP GRANTS. THE SMALL AMOUNTS HELD IN DONOR-RESTRICTED FUNDS ARE TO BE USED FOR THE ROTARY'S POLIOPLUS PROGRAM AND FOR LOCAL SCHOLARSHIP AWARDS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00480
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt029490
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt029490
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02161
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01900
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01900
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SUMMER CONCERT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt029490
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt029490
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2161
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0161
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0161
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0100
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0100
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt036000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/RecipientTable/CashGrantAmt05610
IRS990ScheduleI/RecipientTable/CashGrantAmt111000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ANNUAL FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1LOCAL CHARITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE ROTARY FOUNDATION OF ROTARY INT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1NEW HOPE FOR WOMEN INC
IRS990ScheduleI/RecipientTable/RecipientEIN0363245072
IRS990ScheduleI/RecipientTable/RecipientEIN1010377246
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01560 SHERMAN AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX A
IRS990ScheduleI/RecipientTable/USAddress/CityNm0EVANSTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ROCKLAND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1ME
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CAMDEN ROTARY FOUNDATION PROVIDES VARIOUS SUPPORT TO ITS SUPPORTED ORGANIZATION AND THE SUPPORTED ORGANIZATION'S MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD REVIEWS TAX RETURN BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION DOES NOT CURRENTLY HAVE AN OFFICIAL POLICY FOR MAKING TAX FORMS AVAILABLE TO THE PUBLIC. ADOPTION OF SUCH POLICIES IS CURRENTLY UNDER REVIEW WITH FOUNDATION'S BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION DOES NOT CURRENTLY HAVE AN OFFICIAL POLICY FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC. ADOPTION OF SUCH POLICIES IS CURRENTLY UNDER REVIEW WITH FOUNDATION'S BOARD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt0625083
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IRS990/TotalContributionsAmt086861
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01915
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt079745
IRS990/TotalFunctionalExpensesGrp/TotalAmt081660
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalProgramServiceExpensesAmt079745
IRS990/TotalRevenueGrp/ExclusionAmt046838
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0133699
IRS990/TotalVolunteersCnt081
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0625083
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IRS990/USAddress/CityNm0CAMDEN
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.99$0.00$5.99$1.18$0.92$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.59$0.00$5.59$1.33$0.99$0.34
2021Detailed filing. Detailed filing data is available for this year.$6.25$0.00$6.25$1.34$0.82$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.96$0.00$4.96$1.08$0.88$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.75$0.00$4.75$1.04$0.96$0.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.45$0.00$4.45$0.82$0.71$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.55$0.00$3.55$0.87$0.93$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.72$0.00$3.72$3.28$0.77$2.51
2014Detailed filing. Detailed filing data is available for this year.$1.21$1.21$0.62$0.56$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$1.15$0.68$0.55$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$1.02$0.66$0.63$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.98$0.71$0.67$0.04