Civic Intelligence

Rcm Community Fund Inc.

990 • Fiscal year 2021 • EIN 47-5109357

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 02, 2022

750 N Lincoln Memorial Dr No 32Milwaukee, WI 53202

(414) 276-4425

Siviq Scores

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

Liabilities / Assets

81st percentile

0.17x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.23x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

85th percentile

46%

Higher net margin than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

99th percentile

$128,817

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 73.8% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

84th percentile

66%

Faster asset growth than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

90th percentile

154%

Faster revenue growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$240,768

Up $95,431 (+66%) from 2020

Net Assets

Up

$201,041

Up $80,599 (+67%) from 2020

Liabilities

Up

$39,727

Up $14,832 (+60%) from 2020

Revenue

Up

$174,558

Up $105,810 (+154%) from 2020

Expenses

Down

$93,959

Down $36,696 (-28%) from 2020

Net Income

Up

$80,599

Up $142,506 (+230%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $98,389Liabilities 2016: $29,491Net Assets 2016: $68,8982016Assets 2017: $191,586Liabilities 2017: $38,196Net Assets 2017: $153,3902017Assets 2018: $397,965Liabilities 2018: $6,298Net Assets 2018: $391,6672018Assets 2019: $333,149Liabilities 2019: $150,800Net Assets 2019: $182,3492019Assets 2020: $145,337Liabilities 2020: $24,895Net Assets 2020: $120,4422020Assets 2021: $240,768Liabilities 2021: $39,727Net Assets 2021: $201,0412021Assets 2022: $220,238Liabilities 2022: $36,463Net Assets 2022: $183,7752022Assets 2023: $244,736Liabilities 2023: $26,660Net Assets 2023: $218,0762023Assets 2024: $156,071Liabilities 2024: $15,885Net Assets 2024: $140,1862024Assets 2025: $512,305Liabilities 2025: $91,410Net Assets 2025: $420,8952025

Highlighted filing

2021

Assets$240,768
Liabilities$39,727
Net Assets$201,041

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2016: $125,763Expenses 2016: $56,865Net Income 2016: $68,8982016Revenue 2017: $86,961Expenses 2017: $17,018Net Income 2017: $69,9432017Revenue 2018: $347,922Expenses 2018: $109,645Net Income 2018: $238,2772018Revenue 2019: $123,169Expenses 2019: $332,487Net Income 2019: -$209,3182019Revenue 2020: $68,748Expenses 2020: $130,655Net Income 2020: -$61,9072020Revenue 2021: $174,558Expenses 2021: $93,959Net Income 2021: $80,5992021Revenue 2022: $146,429Expenses 2022: $163,695Net Income 2022: -$17,2662022Revenue 2023: $220,792Expenses 2023: $186,491Net Income 2023: $34,3012023Revenue 2024: $103,423Expenses 2024: $181,313Net Income 2024: -$77,8902024Revenue 2025: $463,015Expenses 2025: $182,306Net Income 2025: $280,7092025

Highlighted filing

2021

Revenue$174,558
Expenses$93,959
Net Income$80,599
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 2, 2022
Return Version
2020v4.2
Gross Receipts
$222,687
Mission and Program Overview

Mission

Supports the charitable work of the rotary club of milwaukee.

To provide educational opportunities for the economically disadvantaged children and to generally support the charitable work of the rcm community trust

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$118,612$226,558▲ $107,946
Pledges and Grants Receivable$22,480$14,060▼ $8,420
Prepaid Expenses and Deferred Charges$4,245$150▼ $4,095
Total Assets$145,337$240,768▲ $95,431
Liabilities
Deferred Revenue$15,585$27,000▲ $11,415
Accounts Payable and Accrued Expenses$9,310$12,727▲ $3,417
Total Liabilities$24,895$39,727▲ $14,832
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$120,442$201,041▲ $80,599
Total Net Assets Fund Balance$120,442$201,041▲ $80,599
Total Liabilities and Net Assets / Fund Balance$145,337$240,768▲ $95,431
Compensation and Service Providers

Employees

NameTitleOtherTotal
Mary MccormickSecretary$128,817$128,817

Board Members and Trustees

NameTitle
Darren MillerPresident
Leslie HauserDirector
William ColemanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$191,568
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-17,010
All Other Contributions
$39,568
Change in Net Assets
$80,599
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$78,305
Other Expenses$15,654
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$57,250--$57,250
Grants to Domestic Orgs$21,055--$21,055
Fees for Services Other$9,218--$9,218
Other Expenses$4,784--$4,784
Information Technology$1,000--$1,000
Office Expenses$652--$652
Total Functional Expenses$93,959$0$0$93,959
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rotary Club of Milwaukee Community TrustMilwaukee, WI501(c)(3)To Support Charitable Projects and Scholarship Programs$18,068
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$48,129
Fundraising Gross Income$31,119
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Community Classic Golf Outing$146,119$31,119$18,746$12,373
Total Events$146,119$31,119$48,129$-17,010
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
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The organization has provided the 990 to the directors in advance of the 990 filing. The directors carefully review and approve the audit and 990 in advance of the 990 filing.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are available to members via the related organizations' website.

Filing and Contact Details

Filer

Filer Name
Rcm Community Fund
EIN
47-5109357
Phone
4142764425
Address
750 N LINCOLN MEMORIAL DR NO 32, MILWAUKEE, WI 53202

Signing Officer

Name
Mary Mccormick
Title
Executive Director
Phone
4142764425
Signed
2022-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Mccormick
Formed
2016
Legal Domicile
Wi
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Reilly Penner & Benton Llp
Address
1233 NORTH MAYFAIR ROAD SUITE 302, MILWAUKEE, WI 53226-3255
Preparer
Joshua Bierbach
Phone
4142717800
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from income taxes under the internal revenue code section 501(c)(3) and the related wisconsin code sections. The organization has implemented accounting for uncertainty in income taxes in accordance with accounting principles generally accepted in the united states of america. This standard prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and also provides guidance on various related matters such as derecognizing, interest, penalties and disclosures required. The organization recognizes interest and penalties, if any, related to unrecognized tax liabilities in income tax expense.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE RELATED WISCONSIN CODE SECTIONS. THE ORGANIZATION HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THIS STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURES REQUIRED. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ROTARY CLUB OF MILWAUKEE COMMUNITY TRUST
IRS990ScheduleI/RecipientTable/RecipientEIN0930756960
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0750 N LINCOLN MEMORIAL DR 320
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MILWAUKEE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd053202
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV - CASH
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS PROVIDED THE 990 TO THE DIRECTORS IN ADVANCE OF THE 990 FILING. THE DIRECTORS CAREFULLY REVIEW AND APPROVE THE AUDIT AND 990 IN ADVANCE OF THE 990 FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS VIA THE RELATED ORGANIZATIONS' WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ROTARY CLUB OF MILWAUKEE COMMUNITY TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ROTARY CLUB OF MILWAUKEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2THE ROTARY FOUNDATION OF ROTARY INTERNATIONAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0930756960
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1390579290
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2363245072
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE CHARITABLE GIFTS TO QUALIFIED ORGANIZATIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROVIDE SERVICES TO SOCIAL AND CIVIC ORGANIZATIONS TO PROMOTE SOCIAL AND CIV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2PROVIDE CHARITABLE GIFTS TO QUALIFIED ORGANIZATIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 12B, II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0750 N LINCOLN MEMORIAL DRIVE 320
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1750 N LINCOLN MEMORIAL DRIVE 320
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt21560 SHERMAN AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MILWAUKEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1MILWAUKEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2EVANSTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd053202
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd153202
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd260201
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt018068
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt15604
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt237000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0TRANSFER OF CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1TRANSFER OF CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2TRANSFER OF CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ROTARY CLUB OF MILWAUKEE COMMUNITY TRUST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ROTARY CLUB OF MILWAUKEE COMMUNITY TRUST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2ROTARY CLUB OF MILWAUKEE COMMUNITY TRUST
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1R
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0145337
IRS990/TotalAssetsEOYAmt0240768
IRS990/TotalAssetsGrp/BOYAmt0145337
IRS990/TotalAssetsGrp/EOYAmt0240768
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0191568
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt093959
IRS990/TotalFunctionalExpensesGrp/TotalAmt093959
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024895
IRS990/TotalLiabilitiesEOYAmt039727
IRS990/TotalLiabilitiesGrp/BOYAmt024895
IRS990/TotalLiabilitiesGrp/EOYAmt039727
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0120442
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0201041
IRS990/TotalOtherCompensationAmt011493
IRS990/TotalProgramServiceExpensesAmt093959
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-17010
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0174558
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0145337
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0240768
IRS990/TotReportableCompRltdOrgAmt0117324
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0750 N LINCOLN MEMORIAL DR NO 320
IRS990/USAddress/CityNm0MILWAUKEE
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053202
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-03-31 18:45:55Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY MCCORMICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR

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