Civic Intelligence

Fort Wayne Rotary Foundation Inc C/O Dwd

990EZ • Fiscal year 2018 • EIN 31-0950924

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 09, 2019

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

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

89th percentile

0.26x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

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

Top Officer Pay

79th percentile

$6,090

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

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

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

19th percentile

-27%

Faster revenue growth than 19% of similar nonprofits.

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

Assets

Up

$474,351

Up $45,100 (+11%) from 2017

Net Assets

Up

$442,018

Up $49,890 (+13%) from 2017

Liabilities

Down

$32,333

Down $4,790 (-13%) from 2017

Revenue

Down

$125,586

Down $47,065 (-27%) from 2017

Expenses

Down

$87,877

Down $85,808 (-49%) from 2017

Net Income

Up

$37,709

Up $38,743 (+3747%) from 2017

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

2018

Assets$474,351
Liabilities$32,333
Net Assets$442,018

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

2018

Revenue$125,586
Expenses$87,877
Net Income$37,709
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 9, 2019
Return Version
2017v2.3
Gross Receipts
$137,412
Mission and Program Overview

Mission

Encouraging development in charitable and educational programs.

Program Services

DescriptionGrantsExpenses
CENTENNIAL PROJECTS: LOCAL SERVICE PROJECT - SIGNATURE PROJECT TO SPONSOR A SEGMENT OF THE RIVERFRONT DEVELOPMENT PROJECT IN DOWNTOWN FORT WAYNE. INTERNATIONAL SERVICE PROJECT - BUILDING A MIDDLE SCHOOL FOR THE VILLAGE OF GLEI MI, TOGO$55,000$58,738
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.$5,343$6,423
SUPPORT STUDENTS OF LOWER-INCOME FAMILIES AT WASHINGTON ELEMENTARY SCHOOL IN FORT WAYNE, IN. SUPPORT ERADICATION OF POLIO.$5,880$5,880
INTERNATIONAL EXCHANGES: ROTARY YOUTH EXCHANGE - SPONSORED ONE INBOUND AND ONE OUTBOUND INTERNATIONAL EXCHANGE STUDENT TO PROMOTE INTERNATIONAL UNDERSTANDING.-$3,041
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANE WILKSSecretaryPT$6,090-$6,090
TIM GIBSONPresidentPT$0--
DAVID BENNETTPresident El-$0--
HOLLI SEABURYVice Preside-$0--
MARK WESTERHAUSENTreasurer-$0--
CANDACE SCHULERPast Preside-$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--
RUTH PHILLIPSDirector-$0--
JUDY FEHLHABERDirector-$0--
LYNNE GILMOREDirector-$0--
SCOTT MILLERDirector-$0--
KIM WAGNERDirector-$0--
RICK ZOLMANDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mardi Gras$23,535$17,835-$17,835
Total Events$23,535$17,835$9,385$8,450
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
2019-02-09
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 8

Miscellaneous income 310 total 310

Form 990-ez, Part I, Line 10

Name: fort wayne parks address: 705 e state blvd fort wayne, in 46805 cash contribution: 50,000

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 714 office 4,057 conferences/meetings 1,080 youth exchange expenses 3,041 miscellaneous 315 non-investment depreciation 3,738 total 12,945

Form 990-ez, Part I, Line 20

Unrealized gain on investments 12,181

Form 990-ez, Part II, Line 24

Pledges receivable 0 37,061 accounts receivable 26,578 24,429 clock tower 149,511 149,511 less accumulated depreciation 6,541 10,279 total 169,548 200,722

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,215 3,995 deferred revenue 34,908 28,338

Form 990-ez, Part III, Line 28

Centennial projects: local service project - signature project to sponsor a segment of the riverfront development project in downtown fort wayne. International service project - building a middle school for the village of glei mi, togo

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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IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0310
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IRS990ScheduleA/PublicSupportPY509Pct00.59970
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt05428
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0679099
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS INCOME 310 TOTAL 310
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: FORT WAYNE PARKS ADDRESS: 705 E STATE BLVD FORT WAYNE, IN 46805 CASH CONTRIBUTION: 50,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES ADVERTISING AND PROMOTION 714 OFFICE 4,057 CONFERENCES/MEETINGS 1,080 YOUTH EXCHANGE EXPENSES 3,041 MISCELLANEOUS 315 NON-INVESTMENT DEPRECIATION 3,738 TOTAL 12,945
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNREALIZED GAIN ON INVESTMENTS 12,181
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PLEDGES RECEIVABLE 0 37,061 ACCOUNTS RECEIVABLE 26,578 24,429 CLOCK TOWER 149,511 149,511 LESS ACCUMULATED DEPRECIATION 6,541 10,279 TOTAL 169,548 200,722
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,215 3,995 DEFERRED REVENUE 34,908 28,338
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CENTENNIAL PROJECTS: LOCAL SERVICE PROJECT - SIGNATURE PROJECT TO SPONSOR A SEGMENT OF THE RIVERFRONT DEVELOPMENT PROJECT IN DOWNTOWN FORT WAYNE. INTERNATIONAL SERVICE PROJECT - BUILDING A MIDDLE SCHOOL FOR THE VILLAGE OF GLEI MI, TOGO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7YOUTH 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/ExplanationTxt8SUPPORT 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 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990-EZ, PART III, LINE 31
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DULIN WARD & DEWALD INC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WAYNE
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK S WESTERHAUSEN CPA
ReturnHeader/ReturnTs02019-02-14T13:37:51-06:00
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ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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