Civic Intelligence

Visalia Breakfast Rotary Community Support Association

990 • Fiscal year 2018 • EIN 26-0466308

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 16, 2018

P O Box 2578Visalia, CA 93279

(559) 352-6982

Siviq Scores

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

Liabilities / Assets

76th percentile

0.07x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

13th percentile

-34%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

29th percentile

-15%

Faster revenue growth than 29% of similar nonprofits.

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

Assets

Down

$80,710

Down $42,382 (-34%) from 2017

Net Assets

Up

$74,725

Up $26,429 (+55%) from 2017

Liabilities

Down

$5,985

Down $68,811 (-92%) from 2017

Revenue

Down

$76,804

Down $13,103 (-15%) from 2017

Expenses

Up

$50,375

Up $8,764 (+21%) from 2017

Net Income

Down

$26,429

Down $21,867 (-45%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2015: $138,687Liabilities 2015: $79,713Net Assets 2015: $58,9742015Assets 2016: $134,647Liabilities 2016: $134,647Net Assets 2016: $02016Assets 2017: $123,092Liabilities 2017: $74,796Net Assets 2017: $48,2962017Assets 2018: $80,710Liabilities 2018: $5,985Net Assets 2018: $74,7252018Assets 2019: $111,188Liabilities 2019: $5,734Net Assets 2019: $105,4542019Assets 2020: $128,150Liabilities 2020: $20,898Net Assets 2020: $107,2522020Assets 2021: $117,593Liabilities 2021: $33,491Net Assets 2021: $84,1022021Assets 2022: $191,104Liabilities 2022: $12,333Net Assets 2022: $178,7712022Assets 2023: $212,008Liabilities 2023: $38,060Net Assets 2023: $173,9482023Assets 2024: $192,180Liabilities 2024: $21,684Net Assets 2024: $170,4962024

Highlighted filing

2018

Assets$80,710
Liabilities$5,985
Net Assets$74,725

Operations Trend

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

$200K$100K$0-$100KRevenue 2015: $95,812Expenses 2015: $116,893Net Income 2015: -$21,0812015Revenue 2016: $92,866Expenses 2016: $151,840Net Income 2016: -$58,9742016Revenue 2017: $89,907Expenses 2017: $41,611Net Income 2017: $48,2962017Revenue 2018: $76,804Expenses 2018: $50,375Net Income 2018: $26,4292018Revenue 2019: $105,454Expenses 2019: $74,725Net Income 2019: $30,7292019Revenue 2020: $107,252Expenses 2020: $105,454Net Income 2020: $1,7982020Revenue 2021: $84,102Expenses 2021: $107,252Net Income 2021: -$23,1502021Revenue 2022: $195,077Expenses 2022: $100,408Net Income 2022: $94,6692022Revenue 2023: $189,647Expenses 2023: $194,470Net Income 2023: -$4,8232023Revenue 2024: $186,779Expenses 2024: $190,231Net Income 2024: -$3,4522024

Highlighted filing

2018

Revenue$76,804
Expenses$50,375
Net Income$26,429
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 16, 2018
Return Version
2017v2.3
Gross Receipts
$115,877
Mission and Program Overview

Mission

This association is in support of the visalia breakfast rotary club. It exists for the purpose of raising and distributing funds to nonprofit and other qualifying organizations through community service grants.

To encourage and foster the ideals of community service

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$121,126$78,790▼ $42,336
Rtn Earn Endowment Incm Other Fnds$48,296$74,725▲ $26,429
Accounts Receivable$1,110$1,820▲ $710
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$123,092$80,710▼ $42,382
Other Assets Total$856$100▼ $756
Liabilities
Other Liabilities$74,796$5,985▼ $68,811
Total Liabilities$74,796$5,985▼ $68,811
Net Assets / Fund Balance
Total Net Assets Fund Balance$48,296$74,725▲ $26,429
Total Liabilities and Net Assets / Fund Balance$123,092$80,710▼ $42,382
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark O PriceClub Donations Chair
Charles OrtizClub Foundation Chair
Claudia SprolesClub Programs Chair
Monica Lynn PetersonCommunity Social Activities Chair
Renee BurtonMembership Chair
Scott R James IiPast President
Glenn K BlackPresident
Todd MartinPresident-elect
James B PrestonInternational Service Chair
Dale R BruderDirector
Gary M AmonDirector
Kevin E DanielDirector
Mark a PerryDirector
Susan WineyDistrict Assistant Governor
Daniel EvansSecretary
Joshua BrummSergeant-at-arms
Revenue and Support

Revenue Composition

Contributions and Grants
$49,326
Program Service Revenue
$205
Investment Income
$61
Other Revenue
$27,212
Change in Net Assets
$26,429
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$50,375
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
Other Expenses$50,375--$50,375
Total Functional Expenses$50,375$0$0$50,375
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$66,285
Fundraising Direct Expenses$39,073
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament and Crab Feed$115,611$66,285$33,454$32,831
Total Events$115,611$66,285$39,073$27,212
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserved Funds$5,985
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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 A, Line 6

There are two types of membership in rotary, active and honorary. The selection process is as follows: first, a current member of this rotary club sponsors a prospective member. Then the classification committee verifies his/her occupation and agrees that the prospective member holds an important leadership position in his/her firm and vocation. Next, the membership committee verifies the prospective member's personal reputation in business and the community. The board of directors approves the application for membership. Lastly, the entire membership approves the prospective member as a new rotarian.

Form 990, Part VI, Section A, Line 7A

The business of this organization is carried out via voice vote, and by any other lawful method adopted by the board.

Form 990, Part VI, Section B, Line 11B

The treasurer shall have the responsibility for reviewing the organizations form 990 (including all pertinent schedules) before it is filed with the internal revenue service. Once the treasurer has completed the initial review of the form 990, a meeting or conference call will be scheduled with the preparer of the form 990 to discuss any questions, comments, and suggested revisions identified by the treasurer. The preparer of the form 990 should make any revisions to the form 990 as soon as feasably possible to ensure that the form 990 is filed with the internal revenue service on a timely basis. After the form 990 is filed with the internal revenue service, the treasurer will make a presentation at the next full board of directors meeting to update the full board regarding the review of form 990.

Form 990, Part VI, Section C, Line 18

The association provides its form 1023 and form 990 available for public inspection upon wrtten request or during normal business hours at 100 willow plaza, suite 400, visalia, ca 93291.

Form 990, Part VI, Section C, Line 19

The association provides its governing documents and financial statements upon written request within 90 days of receipt of the request. The association did not have a formal conflict of interest policy. The board is drafting a conflict of interest party.

Filing and Contact Details

Filer

Filer Name
Visalia Breakfast Rotary Community
EIN
26-0466308
Phone
5593526982
Address
P O BOX 2578, VISALIA, CA 93279

Signing Officer

Name
Glenn K Black
Title
President
Phone
5593526982
Signed
2018-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenn K Black
Formed
2005
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
80

Preparer

Firm
VOLLMER DANIEL GAEBE & GROVELLP CPA'S
Address
100 WILLOW PLAZA SUITE 400, VISALIA, CA 93291
Preparer
Kevin E Daniel
Phone
5597331051
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt049326
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt040745
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt051450
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt054605
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt043900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0240026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt061
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0153
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0157
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0164
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0151
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0686
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt066285
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt067175
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt074828
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt061217
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt063177
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0332682
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0153
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0157
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0164
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0151
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0686
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00140
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99880
IRS990ScheduleA/PublicSupportPY509Pct00.99860
IRS990ScheduleA/PublicSupportTotal509Amt0572708
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0115611
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0107920
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0126278
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0115822
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0107077
IRS990ScheduleA/Total509Grp/TotalAmt0572708
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0115672
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0108073
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0126435
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0115986
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0107228
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0573394
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05985
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESERVED FUNDS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt05985
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt049326
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt049326
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt039073
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT AND CRAB FEED
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0115611
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0115611
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt066285
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt066285
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt027212
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt033454
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt033454
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt05619
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt05619
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE TWO TYPES OF MEMBERSHIP IN ROTARY, ACTIVE AND HONORARY. THE SELECTION PROCESS IS AS FOLLOWS: FIRST, A CURRENT MEMBER OF THIS ROTARY CLUB SPONSORS A PROSPECTIVE MEMBER. THEN THE CLASSIFICATION COMMITTEE VERIFIES HIS/HER OCCUPATION AND AGREES THAT THE PROSPECTIVE MEMBER HOLDS AN IMPORTANT LEADERSHIP POSITION IN HIS/HER FIRM AND VOCATION. NEXT, THE MEMBERSHIP COMMITTEE VERIFIES THE PROSPECTIVE MEMBER'S PERSONAL REPUTATION IN BUSINESS AND THE COMMUNITY. THE BOARD OF DIRECTORS APPROVES THE APPLICATION FOR MEMBERSHIP. LASTLY, THE ENTIRE MEMBERSHIP APPROVES THE PROSPECTIVE MEMBER AS A NEW ROTARIAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BUSINESS OF THIS ORGANIZATION IS CARRIED OUT VIA VOICE VOTE, AND BY ANY OTHER LAWFUL METHOD ADOPTED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TREASURER SHALL HAVE THE RESPONSIBILITY FOR REVIEWING THE ORGANIZATIONS FORM 990 (INCLUDING ALL PERTINENT SCHEDULES) BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. ONCE THE TREASURER HAS COMPLETED THE INITIAL REVIEW OF THE FORM 990, A MEETING OR CONFERENCE CALL WILL BE SCHEDULED WITH THE PREPARER OF THE FORM 990 TO DISCUSS ANY QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS IDENTIFIED BY THE TREASURER. THE PREPARER OF THE FORM 990 SHOULD MAKE ANY REVISIONS TO THE FORM 990 AS SOON AS FEASABLY POSSIBLE TO ENSURE THAT THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE ON A TIMELY BASIS. AFTER THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE, THE TREASURER WILL MAKE A PRESENTATION AT THE NEXT FULL BOARD OF DIRECTORS MEETING TO UPDATE THE FULL BOARD REGARDING THE REVIEW OF FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION PROVIDES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON WRTTEN REQUEST OR DURING NORMAL BUSINESS HOURS AT 100 WILLOW PLAZA, SUITE 400, VISALIA, CA 93291.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ASSOCIATION PROVIDES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON WRITTEN REQUEST WITHIN 90 DAYS OF RECEIPT OF THE REQUEST. THE ASSOCIATION DID NOT HAVE A FORMAL CONFLICT OF INTEREST POLICY. THE BOARD IS DRAFTING A CONFLICT OF INTEREST PARTY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0123092
IRS990/TotalAssetsEOYAmt080710
IRS990/TotalAssetsGrp/BOYAmt0123092
IRS990/TotalAssetsGrp/EOYAmt080710
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt049326
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt050375
IRS990/TotalFunctionalExpensesGrp/TotalAmt050375
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt074796
IRS990/TotalLiabilitiesEOYAmt05985
IRS990/TotalLiabilitiesGrp/BOYAmt074796
IRS990/TotalLiabilitiesGrp/EOYAmt05985
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt048296
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt074725
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt050375
IRS990/TotalProgramServiceRevenueAmt0205
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt027212
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0266
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt076804
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt080
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0123092
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt080710
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 2578
IRS990/USAddress/CityNm0VISALIA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd093279
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0WWW.VBROTARY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

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