Civic Intelligence

Beaumont Rotary Foundation Inc.

990 • Fiscal year 2018 • EIN 23-7350450

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 12, 2018

2355 Ih10 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

62nd percentile

0.09x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

76th percentile

0.21x

Higher debt load relative to revenue than 76% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

71st percentile

14%

Higher net margin than 71% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

51st percentile

2.0%

Faster asset growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

91st percentile

80%

Faster revenue growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$539,720

Up $10,541 (+2.0%) from 2017

Net Assets

Up

$492,120

Up $39,357 (+8.7%) from 2017

Liabilities

Down

$47,600

Down $28,816 (-38%) from 2017

Revenue

Up

$224,936

Up $99,942 (+80%) from 2017

Expenses

Up

$192,779

Up $116,173 (+152%) from 2017

Net Income

Down

$32,157

Down $16,231 (-34%) from 2017

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

2018

Assets$539,720
Liabilities$47,600
Net Assets$492,120

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

2018

Revenue$224,936
Expenses$192,779
Net Income$32,157
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 12, 2018
Return Version
2017v2.3
Gross Receipts
$277,392
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$442,504$476,712▲ $34,208
Cash and Non-Interest-Bearing Accounts$86,408$62,991▼ $23,417
Accounts Receivable$267$17▼ $250
Total Assets$529,179$539,720▲ $10,541
Liabilities
Accounts Payable and Accrued Expenses$42,916$42,200▼ $716
Deferred Revenue$30,800$5,400▼ $25,400
Other Liabilities$2,700--
Total Liabilities$76,416$47,600▼ $28,816
Net Assets / Fund Balance
Unrestricted Net Assets$443,559$474,306▲ $30,747
Temporarily Rstr Net Assets$9,204$17,814▲ $8,610
Total Net Assets Fund Balance$452,763$492,120▲ $39,357
Total Liabilities and Net Assets / Fund Balance$529,179$539,720▲ $10,541
Compensation and Service Providers

Board Members and Trustees

NameTitle
Eugene ArnoldChairman
Lynn CastleTrustee
Ted Moor IiiTrustee
Tim SudelaTrustee
Michael WolfSecretary
Cindy CherryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$196,123
Program Service Revenue
$0
Investment Income
$28,813
Other Revenue
$0
All Other Contributions
$196,123
Change in Net Assets
$32,157
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,779
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$25,751$320-$26,071
Other Expenses$16,000--$16,000
Fees for Services Accounting-$4,200-$4,200
Fees for Services Other-$3,202-$3,202
Total Functional Expenses$185,057$7,722$0$192,779
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 will be presented to the current board members for review and comments and then voted on at the december 12, 2018 board meeting. Upon approval, the return will be electronically filed with the irs.

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 IH10 SOUTH STE 213, BEAUMONT, TX 77705-2631

Signing Officer

Name
Cindy Cherry
Title
Treasurer
Signed
2018-12-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eugene Arnold
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
125

Preparer

Firm
Robertson Shoemaker and Assoc Pllc
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 the rotary club membership, boy scouts of america and the community provide the following services to the rotary foundation: delivery of flags for the flag project. Delivery of the books to 1st graders throughout the community. Preparation of layette bags for new mothers in nicaragua. Review of scholarship applications for the scholarship program. Working on fundraising event. Traveling to areas where projects are funded. In addition, all trustees contribute their time to meet quarterly and to review financial information, set policy and give guidance. These individuals are not paid for their time.

Form 990, Page 2, Part III, Line 2

Hurricane harvey made landfall in the area of southeast texas where we are located. This resulted in the need for disaster relief in our community. We began to raise money and provide relief to individuals.

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

Rotary youth leadership program (ryla) assistance (program to build leadership skills in high school juniors) 4,768 other local projects 5,438 miscellaneous project 830

Form 990, Part IX, Line 24E

Rotary internationsl - ev 8,000 0 0 international project 5,264 0 0 literacy project 5,058 0 0 ryla 4,150 0 0 rotary international inte 1,000 0 0 miscellaneous exp 830 0 0 interact projects 618 0 0 rotary international - pa 450 0 0 local projects 381 0 0 other administrative expe 0 320 0 total 25,751 320 0

Form 990, Part XI, Line 9

Increase in temporarily restricted fds. 8,610 rounding -4 total 8,606

Raw XML Appendix339 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS FROM THE ROTARY CLUB MEMBERSHIP, BOY SCOUTS OF AMERICA AND THE COMMUNITY PROVIDE THE FOLLOWING SERVICES TO THE ROTARY FOUNDATION: DELIVERY OF FLAGS FOR THE FLAG PROJECT. DELIVERY OF THE BOOKS TO 1ST GRADERS THROUGHOUT THE COMMUNITY. PREPARATION OF LAYETTE BAGS FOR NEW MOTHERS IN NICARAGUA. REVIEW OF SCHOLARSHIP APPLICATIONS FOR THE SCHOLARSHIP PROGRAM. WORKING ON FUNDRAISING EVENT. TRAVELING TO AREAS WHERE PROJECTS ARE FUNDED. IN ADDITION, ALL TRUSTEES CONTRIBUTE THEIR TIME TO MEET QUARTERLY AND TO REVIEW FINANCIAL INFORMATION, SET POLICY AND GIVE GUIDANCE. THESE INDIVIDUALS ARE NOT PAID FOR THEIR TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HURRICANE HARVEY MADE LANDFALL IN THE AREA OF SOUTHEAST TEXAS WHERE WE ARE LOCATED. THIS RESULTED IN THE NEED FOR DISASTER RELIEF IN OUR COMMUNITY. WE BEGAN TO RAISE MONEY AND PROVIDE RELIEF TO INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROTARY YOUTH LEADERSHIP PROGRAM (RYLA) ASSISTANCE (PROGRAM TO BUILD LEADERSHIP SKILLS IN HIGH SCHOOL JUNIORS) 4,768 OTHER LOCAL PROJECTS 5,438 MISCELLANEOUS PROJECT 830
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 WILL BE PRESENTED TO THE CURRENT BOARD MEMBERS FOR REVIEW AND COMMENTS AND THEN VOTED ON AT THE DECEMBER 12, 2018 BOARD MEETING. UPON APPROVAL, THE RETURN WILL BE ELECTRONICALLY FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS 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/ExplanationTxt5ROTARY INTERNATIONSL - EV 8,000 0 0 INTERNATIONAL PROJECT 5,264 0 0 LITERACY PROJECT 5,058 0 0 RYLA 4,150 0 0 ROTARY INTERNATIONAL INTE 1,000 0 0 MISCELLANEOUS EXP 830 0 0 INTERACT PROJECTS 618 0 0 ROTARY INTERNATIONAL - PA 450 0 0 LOCAL PROJECTS 381 0 0 OTHER ADMINISTRATIVE EXPE 0 320 0 TOTAL 25,751 320 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INCREASE IN TEMPORARILY RESTRICTED FDS. 8,610 ROUNDING -4 TOTAL 8,606
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0192779
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0224936
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IRS990/USAddress/CityNm0BEAUMONT
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IRS990/USAddress/ZIPCd077705
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CINDY CHERRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-12-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEAUMONT ROTARY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BEAU
ReturnHeader/Filer/EIN0237350450
ReturnHeader/Filer/PhoneNum04098421913
ReturnHeader/Filer/USAddress/AddressLine1Txt02355 IH10 SOUTH STE 213
ReturnHeader/Filer/USAddress/CityNm0BEAUMONT
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06E8EC3EDC36FF2470D1B29C0F469CE90217A4D49
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07F96481C5B530990C7F638757D70C235DB316E18
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-12-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:25:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822506874
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERTSON SHOEMAKER AND ASSOC PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0985 IH 10 NORTH SUITE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEAUMONT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077706
ReturnHeader/PreparerPersonGrp/PhoneNum04098928901
ReturnHeader/PreparerPersonGrp/PreparationDt02018-12-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY ELLEN ROBERTSON
ReturnHeader/ReturnTs02018-12-17T12:25:58-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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