Civic Intelligence

Fort Wayne Rotary Foundation Inc C/O Dwd

990EZ • Fiscal year 2017 • EIN 31-0950924

Jul 01, 2016 to Jun 30, 2017 • Filed on May 07, 2018

9921 Dupont Cir Dr W Ste 300Fort Wayne, IN 46825

(260) 423-2414

Siviq Scores

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

Liabilities / Assets

77th percentile

0.09x

Higher debt load relative to assets than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

0.22x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

39th percentile

-0.6%

Higher net margin than 39% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

78th percentile

$5,749

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

95th percentile

152%

Faster revenue growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$429,251

Up $42,291 (+11%) from 2016

Net Assets

Up

$392,128

Up $13,387 (+3.5%) from 2016

Liabilities

Up

$37,123

Up $28,904 (+352%) from 2016

Revenue

Up

$172,651

Up $104,267 (+152%) from 2016

Expenses

Up

$173,685

Up $69,674 (+67%) from 2016

Net Income

Up

-$1,034

Up $34,593 (+97%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $187,068Liabilities 2013: $5,336Net Assets 2013: $181,7322013Assets 2014: $393,300Liabilities 2014: $6,932Net Assets 2014: $386,3682014Assets 2015: $425,406Liabilities 2015: $13,063Net Assets 2015: $412,3432015Assets 2016: $386,960Liabilities 2016: $8,219Net Assets 2016: $378,7412016Assets 2017: $429,251Liabilities 2017: $37,123Net Assets 2017: $392,1282017Assets 2018: $474,351Liabilities 2018: $32,333Net Assets 2018: $442,0182018Assets 2019: $463,745Liabilities 2019: $37,580Net Assets 2019: $426,1652019Assets 2020: $425,258Liabilities 2020: $47,583Net Assets 2020: $377,6752020Assets 2021: $415,248Liabilities 2021: $419Net Assets 2021: $414,8292021Assets 2022: $392,238Liabilities 2022: $6,721Net Assets 2022: $385,5172022Assets 2023: $394,315Liabilities 2023: $5,551Net Assets 2023: $388,7642023Assets 2024: $437,319Liabilities 2024: $5,110Net Assets 2024: $432,2092024Assets 2025: $460,067Liabilities 2025: $65Net Assets 2025: $460,0022025

Highlighted filing

2017

Assets$429,251
Liabilities$37,123
Net Assets$392,128

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2013: $74,536Expenses 2013: $39,148Net Income 2013: $35,3882013Revenue 2014: $227,579Expenses 2014: $38,390Net Income 2014: $189,1892014Revenue 2015: $56,317Expenses 2015: $34,419Net Income 2015: $21,8982015Revenue 2016: $68,384Expenses 2016: $104,011Net Income 2016: -$35,6272016Revenue 2017: $172,651Expenses 2017: $173,685Net Income 2017: -$1,0342017Revenue 2018: $125,586Expenses 2018: $87,877Net Income 2018: $37,7092018Revenue 2019: $221,388Expenses 2019: $248,272Net Income 2019: -$26,8842019Revenue 2020: $104,160Expenses 2020: $160,506Net Income 2020: -$56,3462020Revenue 2021: $71,774Expenses 2021: $77,519Net Income 2021: -$5,7452021Revenue 2022: $56,254Expenses 2022: $63,911Net Income 2022: -$7,6572022Revenue 2023: $57,554Expenses 2023: $78,579Net Income 2023: -$21,0252023Revenue 2024: $30,004Expenses 2024: $31,444Net Income 2024: -$1,4402024Revenue 2025: $40,179Expenses 2025: $40,939Net Income 2025: -$7602025

Highlighted filing

2017

Revenue$172,651
Expenses$173,685
Net Income-$1,034
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 7, 2018
Return Version
2016v3.1
Gross Receipts
$184,213
Mission and Program Overview

Mission

Encouraging development in charitable and educational programs.

Program Services

DescriptionGrantsExpenses
CENTENNIAL PROJECTS: LOCAL SERVICE PROJECT - 100 LITTLE FREE LIBRARIES: TO PLACE 100 "LITTLE FREE LIBRARIES" AROUND THE CITY OF FORT WAYNE. THESE INDEPENDENT-STANDING STRUCTURES PROVIDE A WAY TO SHARE BOOKS FREELY WITHIN NEIGHBORHOODS, ON TRAILS, AND AT OTHER GATHERING PLACES, BUILDING COMMUNITY AND FOSTERING FELLOWSHIP. INTERNATIONAL SERVICE PROJECT - BUILDING A MIDDLE SCHOOL FOR THE VILLAGE OF GLEI MI, TOGO CLOCK TOWER PROJECT - BUILDING A COMMEMORATIVE CLOCK TOWER IN DOWNTOWN FORT WAYNE TO CELEBRATE ROTARY AND THE ROTARY CLUB OF FORT WAYNE'S 100TH ANNIVERSARY OF SERVICE.$133,107$137,236
YOUTH PROGRAMS: ROTARY YOUTH LEADERSHIP AWARDS (RYLA) - AN INTENSIVE TRAINING PROGRAM FOR COMMUNITY YOUTH LEADERS. A GROUP OF YOUNG PEOPLE CHOSEN FOR THEIR LEADERSHIP POTENTIAL ATTENDED AN ALL-EXPENSES-PAID WORKSHOP TO DISCUSS LEADERSHIP SKILLS AND TO LEARN THOSE SKILLS THROUGH PRACTICE. CLEO FOX AWARDS - ENCOURAGE INSTRUMENTAL MUSIC ACHIEVEMENT IN HIGH SCHOOL STUDENTS BY AWARDING SCHOLARSHIPS TO SUMMER MUSIC PROGRAMS. STUDENT ROTARIAN GUEST MEALS - INVITE APPROXIMATELY 6 STUDENTS TO ATTEND ROTARY MEETINGS ONE MONTH PER YEAR TO REWARD EDUCATIONAL ACHIEVEMENT, FOSTER CAREER DEVELOPMENT, AND PROMOTE SERVICE ABOVE SELF. ONE STUDENT IS SELECTED TO RECEIVE A 1,000 SCHOLARSHIP. WORLD AFFAIRS CONFERENCE - SPONSORED STUDENTS TO ATTEND CONFERENCE ON WORLD AFFAIRS.$8,156$10,427
SUPPORT STUDENTS OF LOWER-INCOME FAMILIES AT WASHINGTON ELEMENTARY SCHOOL IN FORT WAYNE, IN. SUPPORT ERADICATION OF POLIO.$10,113$10,113
INTERNATIONAL EXCHANGES: ROTARY YOUTH EXCHANGE - SPONSORED ONE INBOUND AND ONE OUTBOUND INTERNATIONAL EXCHANGE STUDENT TO PROMOTE INTERNATIONAL UNDERSTANDING.-$2,633
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANE WILKSSecretaryPT$5,749-$5,749
CANDACE SCHULERPresidentPT$0--
TIM GIBSONPresident El-$0--
DAVID BENNETTVice Preside-$0--
MARK WESTERHAUSENTreasurer-$0--
JASON DAENENSPast Preside-$0--
BOB KABISCHDirector-$0--
RUTH KOONTZDirector-$0--
HOLLI SEABURYDirector-$0--
LORI STINSONDirector-$0--
STEPHANIE VEITDirector-$0--
IRENE WALTERSDirector-$0--
JEANINE HEROLDDirector-$0--
DAVE KAVERMANDirector-$0--
WIN MOSESDirector-$0--
JEREMY REDDINGDirector-$0--
ROGER REECEDirector-$0--
KURT BEUCHELDirector-$0--
BRUCE HAINESDirector-$0--
RUTH FORDDirector-$0--
GREG SOLONDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mardi Gras$18,304$18,304-$18,304
Total Events$18,304$18,304$8,939$9,365
Filing and Contact Details

Filer

Filer Name
Fort Wayne Rotary Foundation Inc
EIN
31-0950924
Phone
2604232414
Address
9921 DUPONT CIR DR W STE 300, FORT WAYNE, IN 46825

Signing Officer

Name
Mark Westerhausen
Title
Treasurer
Phone
2604232414
Signed
2018-05-07
Discuss with paid preparer
Yes

Preparer

Firm
Dulin Ward & Dewald Inc
Address
9921 DUPONT CIRCLE DR W 300, FORT WAYNE, IN 46825-1610
Preparer
Mark S Westerhausen CPA
Phone
2604232414
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

The rotary foundation 1560 sherman avenue evanston, il 60201 126,000 0 0 washington elementary school 1015 w washington blvd fort wayne, in 46802 8,621 0 0

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 800 office 5,076 conferences/meetings 1,625 youth exchange expenses 2,633 miscellaneous 62 cenntennial project 241 non-investment depreciation 3,738 total 14,175

Form 990-ez, Part I, Line 20

Unrealized gain on investments 14,421

Form 990-ez, Part II, Line 24

Pledges receivable 550 0 accounts receivable 5,346 26,578 clock tower 149,511 149,511 less accumulated depreciation 2,803 6,541 total 152,604 169,548

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 496 2,215 deferred revenue 7,068 34,908 other liabilities 655 0

Form 990-ez, Part III, Line 28

Centennial projects: local service project - 100 little free libraries: to place 100 "little free libraries" around the city of fort wayne. These independent-standing structures provide a way to share books freely within neighborhoods, on trails, and at other gathering places, building community and fostering fellowship. International service project - building a middle school for the village of glei mi, togo clock tower project - building a commemorative clock tower in downtown fort wayne to celebrate rotary and the rotary club of fort wayne's 100th anniversary of service.

Form 990-ez, Part III, Line 30

Youth programs: rotary youth leadership awards (ryla) - an intensive training program for community youth leaders. A group of young people chosen for their leadership potential attended an all-expenses-paid workshop to discuss leadership skills and to learn those skills through practice. Cleo fox awards - encourage instrumental music achievement in high school students by awarding scholarships to summer music programs. Student rotarian guest meals - invite approximately 6 students to attend rotary meetings one month per year to reward educational achievement, foster career development, and promote service above self. One student is selected to receive a 1,000 scholarship. World affairs conference - sponsored students to attend conference on world affairs.

Form 990-ez, Part III, Line 31

Support students of lower-income families at washington elementary school in fort wayne, in. Support eradication of polio.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ROTARY FOUNDATION 1560 SHERMAN AVENUE EVANSTON, IL 60201 126,000 0 0 WASHINGTON ELEMENTARY SCHOOL 1015 W WASHINGTON BLVD FORT WAYNE, IN 46802 8,621 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND PROMOTION 800 OFFICE 5,076 CONFERENCES/MEETINGS 1,625 YOUTH EXCHANGE EXPENSES 2,633 MISCELLANEOUS 62 CENNTENNIAL PROJECT 241 NON-INVESTMENT DEPRECIATION 3,738 TOTAL 14,175
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAIN ON INVESTMENTS 14,421
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PLEDGES RECEIVABLE 550 0 ACCOUNTS RECEIVABLE 5,346 26,578 CLOCK TOWER 149,511 149,511 LESS ACCUMULATED DEPRECIATION 2,803 6,541 TOTAL 152,604 169,548
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 496 2,215 DEFERRED REVENUE 7,068 34,908 OTHER LIABILITIES 655 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CENTENNIAL PROJECTS: LOCAL SERVICE PROJECT - 100 LITTLE FREE LIBRARIES: TO PLACE 100 "LITTLE FREE LIBRARIES" AROUND THE CITY OF FORT WAYNE. THESE INDEPENDENT-STANDING STRUCTURES PROVIDE A WAY TO SHARE BOOKS FREELY WITHIN NEIGHBORHOODS, ON TRAILS, AND AT OTHER GATHERING PLACES, BUILDING COMMUNITY AND FOSTERING FELLOWSHIP. INTERNATIONAL SERVICE PROJECT - BUILDING A MIDDLE SCHOOL FOR THE VILLAGE OF GLEI MI, TOGO CLOCK TOWER PROJECT - BUILDING A COMMEMORATIVE CLOCK TOWER IN DOWNTOWN FORT WAYNE TO CELEBRATE ROTARY AND THE ROTARY CLUB OF FORT WAYNE'S 100TH ANNIVERSARY OF SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6YOUTH PROGRAMS: ROTARY YOUTH LEADERSHIP AWARDS (RYLA) - AN INTENSIVE TRAINING PROGRAM FOR COMMUNITY YOUTH LEADERS. A GROUP OF YOUNG PEOPLE CHOSEN FOR THEIR LEADERSHIP POTENTIAL ATTENDED AN ALL-EXPENSES-PAID WORKSHOP TO DISCUSS LEADERSHIP SKILLS AND TO LEARN THOSE SKILLS THROUGH PRACTICE. CLEO FOX AWARDS - ENCOURAGE INSTRUMENTAL MUSIC ACHIEVEMENT IN HIGH SCHOOL STUDENTS BY AWARDING SCHOLARSHIPS TO SUMMER MUSIC PROGRAMS. STUDENT ROTARIAN GUEST MEALS - INVITE APPROXIMATELY 6 STUDENTS TO ATTEND ROTARY MEETINGS ONE MONTH PER YEAR TO REWARD EDUCATIONAL ACHIEVEMENT, FOSTER CAREER DEVELOPMENT, AND PROMOTE SERVICE ABOVE SELF. ONE STUDENT IS SELECTED TO RECEIVE A 1,000 SCHOLARSHIP. WORLD AFFAIRS CONFERENCE - SPONSORED STUDENTS TO ATTEND CONFERENCE ON WORLD AFFAIRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SUPPORT STUDENTS OF LOWER-INCOME FAMILIES AT WASHINGTON ELEMENTARY SCHOOL IN FORT WAYNE, IN. SUPPORT ERADICATION OF POLIO.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
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