Civic Intelligence

Rotary International District 7620

990 • Fiscal year 2015 • EIN 52-1037873

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 17, 2016

4064 Lomar DriveMT Airy, MD 21771

(301) 829-2010

Siviq Scores

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

Liabilities / Assets

90th percentile

0.44x

Higher debt load relative to assets than 90% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

83rd percentile

0.20x

Higher debt load relative to revenue than 83% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Net Margin

63rd percentile

9.0%

Higher net margin than 63% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Asset Growth

87th percentile

35%

Faster asset growth than 87% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

22nd percentile

-16%

Faster revenue growth than 22% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$195,169

Up $50,362 (+35%) from 2014

Net Assets

Up

$110,104

Up $38,247 (+53%) from 2014

Liabilities

Up

$85,065

Up $12,115 (+17%) from 2014

Revenue

Down

$426,878

Down $83,256 (-16%) from 2014

Expenses

Down

$388,631

Down $156,690 (-29%) from 2014

Net Income

Up

$38,247

Up $73,434 (+209%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $201,975Liabilities 2012: $18,214Net Assets 2012: $183,7612012Assets 2013: $146,640Liabilities 2013: $39,596Net Assets 2013: $107,0442013Assets 2014: $144,807Liabilities 2014: $72,950Net Assets 2014: $71,8572014Assets 2015: $195,169Liabilities 2015: $85,065Net Assets 2015: $110,1042015Assets 2016: $179,968Liabilities 2016: $54,321Net Assets 2016: $125,6472016Assets 2017: $180,563Liabilities 2017: $15,357Net Assets 2017: $165,2062017Assets 2018: $299,088Liabilities 2018: $75,517Net Assets 2018: $223,5712018Assets 2019: $224,042Liabilities 2019: $11,501Net Assets 2019: $212,5412019Assets 2020: $232,859Liabilities 2020: $5,464Net Assets 2020: $227,3952020Assets 2021: $145,603Liabilities 2021: $11,807Net Assets 2021: $133,7962021Assets 2022: $155,773Liabilities 2022: $1,963Net Assets 2022: $153,8102022Assets 2023: $169,080Liabilities 2023: $9,314Net Assets 2023: $159,7662023Assets 2024: $187,028Liabilities 2024: $30,715Net Assets 2024: $156,3132024

Highlighted filing

2015

Assets$195,169
Liabilities$85,065
Net Assets$110,104

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $364,8252012Expenses 2013: $600,5922013Revenue 2014: $510,134Expenses 2014: $545,321Net Income 2014: -$35,1872014Revenue 2015: $426,878Expenses 2015: $388,631Net Income 2015: $38,2472015Revenue 2016: $448,076Expenses 2016: $432,533Net Income 2016: $15,5432016Revenue 2017: $403,520Expenses 2017: $363,961Net Income 2017: $39,5592017Revenue 2018: $458,797Expenses 2018: $400,335Net Income 2018: $58,4622018Revenue 2019: $350,158Expenses 2019: $361,188Net Income 2019: -$11,0302019Revenue 2020: $338,026Expenses 2020: $323,176Net Income 2020: $14,8502020Revenue 2021: $267,580Expenses 2021: $370,676Net Income 2021: -$103,0962021Revenue 2022: $322,169Expenses 2022: $300,971Net Income 2022: $21,1982022Revenue 2023: $1,499,623Expenses 2023: $1,492,404Net Income 2023: $7,2192023Revenue 2024: $439,829Expenses 2024: $445,891Net Income 2024: -$6,0622024

Highlighted filing

2015

Revenue$426,878
Expenses$388,631
Net Income$38,247
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 17, 2016
Return Version
2014v6.0
Gross Receipts
$426,878
Mission and Program Overview

Mission

Support approximately 70 local rotary clubs in the district and promote various humanitarian programs

Support local rotary clubs in the district; the district consists of approximately 70 rotary clubs. The various programs promote and facilite the objectives of rotary international and support the local clubs in the district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$108,475$170,364▲ $61,889
Land, Buildings, and Equipment, Net$12,735$9,153▼ $3,582
Accounts Receivable$9,741$7,196▼ $2,545
Cash and Non-Interest-Bearing Accounts$9,235$3,395▼ $5,840
Prepaid Expenses and Deferred Charges$1,313$1,750▲ $437
Total Assets$144,807$195,169▲ $50,362
Other Assets Total$3,308$3,311▲ $3
Liabilities
Other Liabilities$40,000$65,022▲ $25,022
Accounts Payable and Accrued Expenses$32,950$20,043▼ $12,907
Total Liabilities$72,950$85,065▲ $12,115
Net Assets / Fund Balance
Unrestricted Net Assets$71,857$110,104▲ $38,247
Total Net Assets Fund Balance$71,857$110,104▲ $38,247
Total Liabilities and Net Assets / Fund Balance$144,807$195,169▲ $50,362

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,153$14,724$23,877

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$3,308-▲ $3-$3,311
2013$3,300-▲ $8-$3,308
2012$3,246-▲ $54-$3,300
2011$3,246---$3,246
2010$3,246---$3,246
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill FineDistrict Gov
Ken SolowGovernor Ele
Greg WimsGovernor Nom
Geoffrey FennerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$311,100
Program Service Revenue
$112,321
Investment Income
$12
Other Revenue
$3,445
All Other Contributions
$127,875
Change in Net Assets
$38,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$378,631
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$36,388$21,155-$57,543
Occupancy$33,684$2,135-$35,819
Travel$28,164$450-$28,614
All Other Expenses$11,494$4,209-$15,703
Office Expenses$6,876$6,584-$13,460
Other Expenses$11,341$20-$11,341
Grants to Domestic Individuals$10,000--$10,000
Information Technology$1,516$4,243-$5,759
Depreciation Depletion-$3,582-$3,582
Fees for Services Accounting-$2,000-$2,000
Advertising$397$1,070-$1,467
Total Functional Expenses$234,302$154,329$0$388,631
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$65,022
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
Yes
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, Page 6, Part VI, Line 10B

Policies and procedures for local clubs are set forth in the rotary international manual of procedure.

Form 990, Page 6, Part VI, Line 11B

The treasurer provides a copy of the form 990 to all board members for review before it is filed.

Form 990, Page 6, Part VI, Line 15A

NO COMPENSATION

Form 990, Page 6, Part VI, Line 18

Financials statements and tax returns are available to the public upon request.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request the organization has not changed its oversight process and selection process during the tax year.

Filing and Contact Details

Filer

Filer Name
Rotary International District 7620
EIN
52-1037873
Phone
3018292010
Address
4064 LOMAR DRIVE, MT AIRY, MD 21771

Signing Officer

Name
Geoffrey Fenner
Title
Treasurer
Phone
3018292010
Signed
2016-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Solow
Formed
1915
Legal Domicile
Md
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
2,000

Preparer

Firm
Brooks Harrison Company LLC
Address
2275 RESEARCH BLVD STE 500, ROCKVILLE, MD 20850-6203
Preparer
Geoffrey Fenner
Phone
3018403883
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Support local rotary clubs in the district; the district consists of approximately 70 rotary clubs. The various programs promote and facilite the objectives of rotary international and support the local clubs in the district.

Form 990, Page 2, Part III, Line 4D

President elect training seminar; district committee; rotary youth leadership; vocational services; international services; district training; district governor

Form 990, Part IX, Line 11G

Other fees 36,388 21,155 0

Raw XML Appendix387 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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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHEDULE I, PART I, LINE 2: THE DISTRICT GOVERNOR RECEIVES UPDATES ON THE GLOBAL PROJECTS BENEFITED FROM THE GRANTS AS PART OF THE MONITORING PROCESS. PART III, COLUMN (A): (A) TYPE OF GRANT OR ASSISTANCE: GLOBAL GRANTS - HUMANITARIAN PROJECTS; SCHOLARSHIPS FOR GRADUATE-LEVEL ACADEMIC STUDIES; VOCATIONAL TRAINING TEAMS WHO TRAVEL ABROAD TO TEACH LOCAL PROFESSIONAL ABOUT A PARTICULAR FIELD FOR TO LEARN MORE ABOUT THEIR OWN
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUPPORT LOCAL ROTARY CLUBS IN THE DISTRICT; THE DISTRICT CONSISTS OF APPROXIMATELY 70 ROTARY CLUBS. THE VARIOUS PROGRAMS PROMOTE AND FACILITE THE OBJECTIVES OF ROTARY INTERNATIONAL AND SUPPORT THE LOCAL CLUBS IN THE DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRESIDENT ELECT TRAINING SEMINAR; DISTRICT COMMITTEE; ROTARY YOUTH LEADERSHIP; VOCATIONAL SERVICES; INTERNATIONAL SERVICES; DISTRICT TRAINING; DISTRICT GOVERNOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POLICIES AND PROCEDURES FOR LOCAL CLUBS ARE SET FORTH IN THE ROTARY INTERNATIONAL MANUAL OF PROCEDURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TREASURER PROVIDES A COPY OF THE FORM 990 TO ALL BOARD MEMBERS FOR REVIEW BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FINANCIALS STATEMENTS AND TAX RETURNS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS AND SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OTHER FEES 36,388 21,155 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DISTRICT 7620 ROTARY PROJECT TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0FUND INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0521913819
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FUND EDUCA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04064 LOMAR DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MT AIRY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd021771
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
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IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0144807
IRS990/TotalAssetsEOYAmt0195169
IRS990/TotalAssetsGrp/BOYAmt0144807
IRS990/TotalAssetsGrp/EOYAmt0195169
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0311100
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0154329
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0234302
IRS990/TotalFunctionalExpensesGrp/TotalAmt0388631
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt072950
IRS990/TotalLiabilitiesEOYAmt085065
IRS990/TotalLiabilitiesGrp/BOYAmt072950
IRS990/TotalLiabilitiesGrp/EOYAmt085065
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt071857
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0110104
IRS990/TotalOtherProgSrvcExpenseAmt0234302
IRS990/TotalOtherProgSrvcGrantAmt010000
IRS990/TotalProgramServiceExpensesAmt0234302
IRS990/TotalProgramServiceRevenueAmt0112321
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0115778
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0426878
IRS990/TotalVolunteersCnt02000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0144807
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0195169
IRS990/TravelGrp/ManagementAndGeneralAmt0450
IRS990/TravelGrp/ProgramServicesAmt028164
IRS990/TravelGrp/TotalAmt028614
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt071857
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0110104
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04064 LOMAR DRIVE
IRS990/USAddress/CityNm0MT AIRY
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021771
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.ROTARY7620.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GEOFFREY FENNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03018292010
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROTARY INTERNATIONAL DISTRICT 7620
ReturnHeader/Filer/BusinessNameControlTxt0ROTA
ReturnHeader/Filer/EIN0521037873
ReturnHeader/Filer/PhoneNum03018292010
ReturnHeader/Filer/USAddress/AddressLine1Txt04064 LOMAR DRIVE
ReturnHeader/Filer/USAddress/CityNm0MT AIRY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021771
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262200378
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROOKS HARRISON COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02275 RESEARCH BLVD STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCKVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208506203
ReturnHeader/PreparerPersonGrp/PhoneNum03018403883
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEOFFREY FENNER
ReturnHeader/ReturnTs02016-02-24T11:03:00-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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