Civic Intelligence

Beaumont Rotary Foundation Inc.

990 • Fiscal year 2015 • EIN 23-7350450

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 09, 2016

2355 Ih-10 South Ste 213Beaumont, TX 77705-2631

(409) 842-1913

Siviq Scores

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

Liabilities / Assets

78th percentile

0.11x

Higher debt load relative to assets than 78% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

93rd percentile

0.57x

Higher debt load relative to revenue than 93% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

61st percentile

8.4%

Higher net margin than 61% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

48th percentile

0.6%

Faster asset growth than 48% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

6th percentile

-67%

Faster revenue growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$421,741

Up $2,613 (+0.6%) from 2014

Net Assets

Up

$373,925

Up $2,530 (+0.7%) from 2014

Liabilities

Up

$47,816

Up $83 (+0.2%) from 2014

Revenue

Down

$84,517

Down $170,242 (-67%) from 2014

Expenses

Down

$77,447

Down $195,362 (-72%) from 2014

Net Income

Up

$7,070

Up $25,120 (+139%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $484,606Liabilities 2012: $44,425Net Assets 2012: $440,1812012Assets 2014: $419,128Liabilities 2014: $47,733Net Assets 2014: $371,3952014Assets 2015: $421,741Liabilities 2015: $47,816Net Assets 2015: $373,9252015Assets 2016: $432,168Liabilities 2016: $46,700Net Assets 2016: $385,4682016Assets 2017: $529,179Liabilities 2017: $76,416Net Assets 2017: $452,7632017Assets 2018: $539,720Liabilities 2018: $47,600Net Assets 2018: $492,1202018Assets 2019: $598,334Liabilities 2019: $49,584Net Assets 2019: $548,7502019Assets 2020: $650,160Liabilities 2020: $63,348Net Assets 2020: $586,8122020Assets 2021: $794,027Liabilities 2021: $51,196Net Assets 2021: $742,8312021Assets 2022: $723,146Liabilities 2022: $47,113Net Assets 2022: $676,0332022Assets 2023: $864,998Liabilities 2023: $79,770Net Assets 2023: $785,2282023Assets 2024: $1,057,655Liabilities 2024: $31,601Net Assets 2024: $1,026,0542024Assets 2025: $1,283,960Liabilities 2025: $21,362Net Assets 2025: $1,262,5982025

Highlighted filing

2015

Assets$421,741
Liabilities$47,816
Net Assets$373,925

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $61,589Expenses 2012: $71,289Net Income 2012: -$9,7002012Revenue 2014: $254,759Expenses 2014: $272,809Net Income 2014: -$18,0502014Revenue 2015: $84,517Expenses 2015: $77,447Net Income 2015: $7,0702015Revenue 2016: $90,654Expenses 2016: $79,829Net Income 2016: $10,8252016Revenue 2017: $124,994Expenses 2017: $76,606Net Income 2017: $48,3882017Revenue 2018: $224,936Expenses 2018: $192,779Net Income 2018: $32,1572018Revenue 2019: $156,387Expenses 2019: $98,504Net Income 2019: $57,8832019Revenue 2020: $135,856Expenses 2020: $111,180Net Income 2020: $24,6762020Revenue 2021: $194,807Expenses 2021: $108,033Net Income 2021: $86,7742021Revenue 2022: $172,907Expenses 2022: $134,420Net Income 2022: $38,4872022Revenue 2023: $138,882Expenses 2023: $81,088Net Income 2023: $57,7942023Revenue 2024: $221,512Expenses 2024: $85,340Net Income 2024: $136,1722024Revenue 2025: $224,359Expenses 2025: $92,010Net Income 2025: $132,3492025

Highlighted filing

2015

Revenue$84,517
Expenses$77,447
Net Income$7,070
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 9, 2016
Return Version
2014v6.0
Gross Receipts
$160,394
Mission and Program Overview

Mission

The mission of the beaumont rotary foundation is to support charitable projects of the rotary club of beaumont for community and international projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$387,820$401,051▲ $13,231
Cash and Non-Interest-Bearing Accounts$31,291$20,623▼ $10,668
Accounts Receivable$17$67▲ $50
Total Assets$419,128$421,741▲ $2,613
Liabilities
Accounts Payable and Accrued Expenses$40,900$41,000▲ $100
Deferred Revenue$6,833$6,816▼ $17
Total Liabilities$47,733$47,816▲ $83
Net Assets / Fund Balance
Unrestricted Net Assets$365,106$369,721▲ $4,615
Temporarily Rstr Net Assets$6,289$4,204▼ $2,085
Total Net Assets Fund Balance$371,395$373,925▲ $2,530
Total Liabilities and Net Assets / Fund Balance$419,128$421,741▲ $2,613
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$64,596
Program Service Revenue
$0
Investment Income
$19,921
Other Revenue
$0
All Other Contributions
$56,596
Change in Net Assets
$7,070
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$77,447
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$24,155--$24,155
Other Expenses$7,200--$7,200
Fees for Services Accounting-$4,200-$4,200
Fees for Services Other-$2,149-$2,149
Total Functional Expenses$71,098$6,349$0$77,447
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
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, Page 6, Part VI, Line 11B

Form 990 for this year was emailed to current board members for review and comments. Upon approval by all members, return was electronically filed.

Form 990, Page 6, Part VI, Line 19

Documents are made available to the public upon written request at the rotary club office located at 2355 ih-10 south, suite 213, beaumont, tx 77705

Filing and Contact Details

Filer

Filer Name
Beaumont Rotary Foundation
EIN
23-7350450
Phone
4098421913
Address
2355 IH-10 SOUTH STE 213, BEAUMONT, TX 77705-2631

Signing Officer

Name
Larry Beaulieu
Title
President
Phone
4098421913
Signed
2016-02-09
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
175

Preparer

Firm
Mary Ellen Robertson CPA
Address
985 IH 10 NORTH SUITE 101, BEAUMONT, TX 77706
Preparer
Mary Ellen Robertson
Phone
4098928901
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers from our club memebership and the boy scounts of america provide the following services to the projects of the rotary foundation: delivery of flags for the flag project. Delivery of the books to first grade students throughout the city. Preparation of layette bags for new mothers in nicaragua. Review of scholarship applications for the scholarship receipients. Assisting in district conference international project and meetings. In addition, all trustees contribute their time to meet quarterly and review financials, set policy and give guidance and are not paid.

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

Books purchased and delivered to all first grade students in 7,340 our community who are learning to read. Assistance to exchange student serving abroad as a rotary foundation ambassadorial scholar 1,000 centenniel playground project - barrier free playground 2,085 rotary youth leadership program (ryla) assistance (program to build leadership skills in high school juniors) 3,100 hosting rotary district conference so that members could share ideas and perform a humanitarian project together. 5,000

Form 990, Part IX, Line 24E

International project 7,130 0 0 local projects 5,000 0 0 ryla 3,130 0 0 rotary international paul 3,000 0 0 rotary intenational - pol 2,500 0 0 centennial project expens 2,085 0 0 exchange student 1,000 0 0 other administrative expe 210 0 0 paul harris fellow 100 0 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS FROM OUR CLUB MEMEBERSHIP AND THE BOY SCOUNTS OF AMERICA PROVIDE THE FOLLOWING SERVICES TO THE PROJECTS OF THE ROTARY FOUNDATION: DELIVERY OF FLAGS FOR THE FLAG PROJECT. DELIVERY OF THE BOOKS TO FIRST GRADE STUDENTS THROUGHOUT THE CITY. PREPARATION OF LAYETTE BAGS FOR NEW MOTHERS IN NICARAGUA. REVIEW OF SCHOLARSHIP APPLICATIONS FOR THE SCHOLARSHIP RECEIPIENTS. ASSISTING IN DISTRICT CONFERENCE INTERNATIONAL PROJECT AND MEETINGS. IN ADDITION, ALL TRUSTEES CONTRIBUTE THEIR TIME TO MEET QUARTERLY AND REVIEW FINANCIALS, SET POLICY AND GIVE GUIDANCE AND ARE NOT PAID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOKS PURCHASED AND DELIVERED TO ALL FIRST GRADE STUDENTS IN 7,340 OUR COMMUNITY WHO ARE LEARNING TO READ. ASSISTANCE TO EXCHANGE STUDENT SERVING ABROAD AS A ROTARY FOUNDATION AMBASSADORIAL SCHOLAR 1,000 CENTENNIEL PLAYGROUND PROJECT - BARRIER FREE PLAYGROUND 2,085 ROTARY YOUTH LEADERSHIP PROGRAM (RYLA) ASSISTANCE (PROGRAM TO BUILD LEADERSHIP SKILLS IN HIGH SCHOOL JUNIORS) 3,100 HOSTING ROTARY DISTRICT CONFERENCE SO THAT MEMBERS COULD SHARE IDEAS AND PERFORM A HUMANITARIAN PROJECT TOGETHER. 5,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 FOR THIS YEAR WAS EMAILED TO CURRENT BOARD MEMBERS FOR REVIEW AND COMMENTS. UPON APPROVAL BY ALL MEMBERS, RETURN WAS ELECTRONICALLY FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AT THE ROTARY CLUB OFFICE LOCATED AT 2355 IH-10 SOUTH, SUITE 213, BEAUMONT, TX 77705
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INTERNATIONAL PROJECT 7,130 0 0 LOCAL PROJECTS 5,000 0 0 RYLA 3,130 0 0 ROTARY INTERNATIONAL PAUL 3,000 0 0 ROTARY INTENATIONAL - POL 2,500 0 0 CENTENNIAL PROJECT EXPENS 2,085 0 0 EXCHANGE STUDENT 1,000 0 0 OTHER ADMINISTRATIVE EXPE 210 0 0 PAUL HARRIS FELLOW 100 0 0
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ReturnHeader/BusinessOfficerGrp/PersonNm0LARRY BEAULIEU
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760438871
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARY ELLEN ROBERTSON CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0985 IH 10 NORTH SUITE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEAUMONT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
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ReturnHeader/PreparerPersonGrp/PhoneNum04098928901
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY ELLEN ROBERTSON
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ReturnHeader/ReturnTs02016-02-11T11:11:08-06:00
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ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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