Civic Intelligence

Ludlow Rotary Charitable Foundation Inc.

990EZ • Fiscal year 2022 • EIN 46-2535945

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 15, 2022

PO Box 155Ludlow, MA 01056

(413) 547-6667

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.76x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

0.46x

Higher debt load relative to revenue than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

72nd percentile

21%

Higher net margin than 72% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

85th percentile

56%

Faster asset growth than 85% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

91st percentile

204%

Faster revenue growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$13,343

Up $4,763 (+56%) from 2021

Net Assets

Up

$3,226

Up $4,760 (+310%) from 2021

Liabilities

Up

$10,117

Up $3 (+0.0%) from 2021

Revenue

Up

$22,235

Up $14,921 (+204%) from 2021

Expenses

Up

$17,474

Up $10,169 (+139%) from 2021

Net Income

Up

$4,761

Up $4,752 (+52800%) from 2021

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0-$5.0KAssets 2014: $13,649Liabilities 2014: $12,014Net Assets 2014: $1,6352014Assets 2015: $10,665Liabilities 2015: $9,115Net Assets 2015: $1,5502015Assets 2016: $12,782Liabilities 2016: $9,1152016Assets 2017: $13,143Liabilities 2017: $9,115Net Assets 2017: $4,0282017Assets 2018: $14,721Liabilities 2018: $9,115Net Assets 2018: $5,6062018Assets 2019: $16,084Liabilities 2019: $9,115Net Assets 2019: $6,9692019Assets 2020: $7,570Liabilities 2020: $9,115Net Assets 2020: -$1,5452020Assets 2021: $8,580Liabilities 2021: $10,114Net Assets 2021: -$1,5342021Assets 2022: $13,343Liabilities 2022: $10,117Net Assets 2022: $3,2262022Assets 2023: $12,873Liabilities 2023: $5,016Net Assets 2023: $7,8572023Assets 2024: $13,143Liabilities 2024: $3,915Net Assets 2024: $9,2282024Assets 2025: $6,712Liabilities 2025: $2,915Net Assets 2025: $3,7972025

Highlighted filing

2022

Assets$13,343
Liabilities$10,117
Net Assets$3,226

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2014: $54,334Expenses 2014: $52,699Net Income 2014: $1,6352014Revenue 2015: $36,743Expenses 2015: $39,727Net Income 2015: -$2,9842015Revenue 2016: $44,610Expenses 2016: $42,493Net Income 2016: $2,1172016Revenue 2017: $43,237Expenses 2017: $42,877Net Income 2017: $3602017Revenue 2018: $41,691Expenses 2018: $40,113Net Income 2018: $1,5782018Revenue 2019: $39,580Expenses 2019: $38,217Net Income 2019: $1,3632019Revenue 2020: $18,591Expenses 2020: $27,106Net Income 2020: -$8,5152020Revenue 2021: $7,314Expenses 2021: $7,305Net Income 2021: $92021Revenue 2022: $22,235Expenses 2022: $17,474Net Income 2022: $4,7612022Revenue 2023: $19,911Expenses 2023: $15,282Net Income 2023: $4,6292023Revenue 2024: $19,394Expenses 2024: $18,024Net Income 2024: $1,3702024Revenue 2025: $19,855Expenses 2025: $25,285Net Income 2025: -$5,4302025

Highlighted filing

2022

Revenue$22,235
Expenses$17,474
Net Income$4,761
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$22,285
Mission and Program Overview

Mission

To solicit contributions of money, gifts, bequests, grants, and donations. To take, administer, hold or disburse funds for exempt purposes within the meaning of section 501(c)(3) of the internal revenue code.

Program Services

DescriptionGrantsExpenses
THE LUDLOW ROTARY FOUNDATION HOLDS VARIOUS FUNDRAISING EVENTS DURING THE YEAR TO PROVIDE FINANCIAL SUPPORT FOR THE LUDLOW CANINE UNIT, THE LUDLOW BOYS & GIRLS CLUB, HIGH SCHOOL SCHOLARSHIP PROGRAMS, LUDLOW SENIOR CENTER, ELEMENTARY SCHOOL FIRE AWARENESS PROGRAM, YOUTH SPORTS AND OTHER VARIOUS LOCAL PROGRAMS. IN ADDITION THE FOUNDATION HELPS TO SUPPORT LUDLOW ROTARY BY DONATING TO THEIR FOUNDATION AND PLOIO PROGRAMS.$4,350$7,042
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ZANETA GRASAKISSecretary-$0--
APRIL BESTONTreasurer-$0--
KEVIN VESTALMembership C-$0--
LISA WEGIELVice Preside-$0--
CATHERINE RIOUXGrants Chair-$0--
DEBORAH JORDANDirector-$0--
MARIA CRESPOSargent Of A-$0--
APRIL BESTONPresident-$0--
Filing and Contact Details

Filer

Filer Name
Ludlow Rotary Charitable
EIN
46-2535945
Phone
4135476667
Address
PO BOX 155, LUDLOW, MA 01056

Signing Officer

Name
April Beston
Title
Treasurer
Phone
4135476667
Signed
2022-11-15

Preparer

Firm
Gomes Dacruz & Tracy Pc
Address
77 WINSOR STREET PO BOX 588, LUDLOW, MA 01056-3469
Preparer
Mark a Germain CPA
Phone
4135897831
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing expense 523 quickbook fees 584 postage, mailing service 75 reimbursable expenses 980 taxes paid 8 state taxes 35 quickbooks payments fees 471 take & eat program 1,000 ludlow fire dept golf tou 150 first responder t-shirt e 913 first responder donations 500 misc expense 129 other donations 382 misc fundraising expense 1,510 annual funraiser expenses 318 annual fundraiser food 2,993 annual fundraiser printin 670 annual fundraiser enterta 1,550 annual fundraiser merchan 83 total 12,874

Form 990-ez, Part II, Line 24

Accounts receivable 0 10 total 0 10

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,000 1,002 notes payable 9,115 9,115

Form 990-ez, Part III

To solicit contributions of money, gifts, bequests, grants, and donations. To take, administer, hold or disburse funds for exempt purposes within the meaning of section 501(c)(3) of the internal revenue code.

Form 990-ez, Part III, Line 28

The ludlow rotary foundation holds various fundraising events during the year to provide financial support for the ludlow canine unit, the ludlow boys & girls club, high school scholarship programs, ludlow senior center, elementary school fire awareness program, youth sports and other various local programs. In addition the foundation helps to support ludlow rotary by donating to their foundation and ploio programs.

Raw XML Appendix171 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MARIA CRESPO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7APRIL BESTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBERSHIP C
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4GRANTS CHAIR
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt010
IRS990EZ/OtherExpensesTotalAmt012874
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/ProgramServiceRevenueAmt019116
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0VARIOUS DIRECTORS ARE VOLUNTEERS AT ORGANIZATIONS SUPPORTED BY THE DONATIONS OF THE FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING EXPENSE 523 QUICKBOOK FEES 584 POSTAGE, MAILING SERVICE 75 REIMBURSABLE EXPENSES 980 TAXES PAID 8 STATE TAXES 35 QUICKBOOKS PAYMENTS FEES 471 TAKE & EAT PROGRAM 1,000 LUDLOW FIRE DEPT GOLF TOU 150 FIRST RESPONDER T-SHIRT E 913 FIRST RESPONDER DONATIONS 500 MISC EXPENSE 129 OTHER DONATIONS 382 MISC FUNDRAISING EXPENSE 1,510 ANNUAL FUNRAISER EXPENSES 318 ANNUAL FUNDRAISER FOOD 2,993 ANNUAL FUNDRAISER PRINTIN 670 ANNUAL FUNDRAISER ENTERTA 1,550 ANNUAL FUNDRAISER MERCHAN 83 TOTAL 12,874
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 0 10 TOTAL 0 10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,000 1,002 NOTES PAYABLE 9,115 9,115
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO SOLICIT CONTRIBUTIONS OF MONEY, GIFTS, BEQUESTS, GRANTS, AND DONATIONS. TO TAKE, ADMINISTER, HOLD OR DISBURSE FUNDS FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE LUDLOW ROTARY FOUNDATION HOLDS VARIOUS FUNDRAISING EVENTS DURING THE YEAR TO PROVIDE FINANCIAL SUPPORT FOR THE LUDLOW CANINE UNIT, THE LUDLOW BOYS & GIRLS CLUB, HIGH SCHOOL SCHOLARSHIP PROGRAMS, LUDLOW SENIOR CENTER, ELEMENTARY SCHOOL FIRE AWARENESS PROGRAM, YOUTH SPORTS AND OTHER VARIOUS LOCAL PROGRAMS. IN ADDITION THE FOUNDATION HELPS TO SUPPORT LUDLOW ROTARY BY DONATING TO THEIR FOUNDATION AND PLOIO PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
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ReturnHeader/PreparerPersonGrp/PhoneNum04135897831
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK A GERMAIN CPA
ReturnHeader/ReturnTs02022-11-16T00:00:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0APRIL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BESTON
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits