Civic Intelligence

Norfolk Rotary Charities Inc.

990 • Fiscal year 2012 • EIN 54-1918783

Jul 01, 2011 to Jun 30, 2012 • Filed on Feb 05, 2013

414 West Bute Street23510
Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Higher debt load relative to assets than 55% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

64th percentile

9.7%

Faster asset growth than 64% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$470,739

Up $41,558 (+9.7%) from 2011

Net Assets

Up

$469,809

Up $40,628 (+9.5%) from 2011

Liabilities

Up

$930

Up $930 from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$66,137

Down $165,033 (-71%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $429,181Liabilities 2011: $0Net Assets 2011: $429,1812011Assets 2012: $470,739Liabilities 2012: $930Net Assets 2012: $469,8092012Assets 2013: $497,409Liabilities 2013: $1,246Net Assets 2013: $496,1632013Assets 2014: $564,361Liabilities 2014: $0Net Assets 2014: $564,3612014Assets 2015: $585,730Liabilities 2015: $0Net Assets 2015: $585,7302015Assets 2016: $570,474Liabilities 2016: $2,713Net Assets 2016: $567,7612016Assets 2017: $634,923Liabilities 2017: $23,037Net Assets 2017: $611,8862017Assets 2018: $663,299Liabilities 2018: $1,000Net Assets 2018: $662,2992018Assets 2019: $659,794Liabilities 2019: $0Net Assets 2019: $659,7942019Assets 2020: $668,413Liabilities 2020: $0Net Assets 2020: $668,4132020Assets 2021: $842,168Liabilities 2021: $0Net Assets 2021: $842,1682021Assets 2022: $885,056Liabilities 2022: $463Net Assets 2022: $884,5932022Assets 2023: $833,857Liabilities 2023: $2,000Net Assets 2023: $831,8572023Assets 2024: $924,580Liabilities 2024: $37,093Net Assets 2024: $887,4872024Assets 2025: $931,987Liabilities 2025: $3,000Net Assets 2025: $928,9872025

Highlighted filing

2012

Assets$470,739
Liabilities$930
Net Assets$469,809

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $223,710Expenses 2011: $231,170Net Income 2011: -$7,4602011Expenses 2012: $66,1372012Expenses 2013: $42,7222013Revenue 2014: $94,799Expenses 2014: $72,123Net Income 2014: $22,6762014Revenue 2015: $36,763Expenses 2015: $70,492Net Income 2015: -$33,7292015Revenue 2016: $47,958Expenses 2016: $65,352Net Income 2016: -$17,3942016Revenue 2017: $55,166Expenses 2017: $67,541Net Income 2017: -$12,3752017Revenue 2018: $70,769Expenses 2018: $70,232Net Income 2018: $5372018Revenue 2019: $63,761Expenses 2019: $83,614Net Income 2019: -$19,8532019Revenue 2020: $144,332Expenses 2020: $85,848Net Income 2020: $58,4842020Revenue 2021: $44,317Expenses 2021: $60,484Net Income 2021: -$16,1672021Revenue 2022: $86,476Expenses 2022: $74,682Net Income 2022: $11,7942022Revenue 2023: $92,305Expenses 2023: $79,570Net Income 2023: $12,7352023Revenue 2024: $133,020Expenses 2024: $107,788Net Income 2024: $25,2322024Revenue 2025: $130,160Expenses 2025: $109,789Net Income 2025: $20,3712025

Highlighted filing

2012

Revenue-
Expenses$66,137
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Feb 5, 2013
Return Version
2011v1.2
Gross Receipts
$137,566
Mission and Program Overview

Mission

Norfolk rotary charities, inc is a charitable organization to promote social welfare.

Major Activities

Activity 2
The norfolk rotary endowment fund was established at the hampton roads community foundation ein: 54-2035996 and is dedicated to enriching life for norfolk, va residents and seeks to inspire philanthropy.
Filing and Contact Details

Filer

EIN
54-1918783
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IRS990/ActivityOrMissionDescription0NORFOLK ROTARY CHARITIES, INC., IS FORMED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, AND LITERARY PURPOSES.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE NORFOLK ROTARY CHARITIES, INC.'S ENDOWMENT ENSURES THE LONG-TERM VIABILITY OF THE NORFOLK ROTARY CHARITIES, INC. AND STRENGHTENS ITS ABILITY TO ADDRESS ESCALATING NEEDS FOR HUMANITARIAN AND EDUCATIONAL PROJECTS.
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IRS990ScheduleO/GeneralExplanation/Explanation0ROTARY HAS A FOUR-WAY TEST THAT IS THE CORNERSTONE OF ALL ACTION TAKEN BY ROTARIANS. OF THE THINGS ROTARIANS THIN, SAY OR DO, 1. IS IT THE TRUTH/ 2. IS IT FAIR TO ALL CONCERNED? WILL IT BUILD GOODWILL AND BETTER FRIENDSHIPS? AND 4. WILL IT BE BENEFICIAL TO ALL CONCERNED/ THIS TEST IS ONE OF THE HALLMARKS OF ROTARTY.
IRS990ScheduleO/GeneralExplanation/Explanation1DRAFT OF FORM 990 IS PRESENTED TO THE BOARD FOR REVIEW. AFTER BOARD APPROVES, FORM 990 IS FILED.
IRS990ScheduleO/GeneralExplanation/Explanation2A COPY OF THIS FORM IS PROVIDED TO THE ORGANIZATIONS PRESIDENT AND BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4NET UNREALIZED LOSSES ON INVESTMENTS: -9,893.
IRS990ScheduleO/GeneralExplanation/Identifier0CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART XI, LINE 5:
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IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10ROTARY CLUB OF NORFOLK
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0SERVICE - IN THE COMMUNITY, IN THE WORKPLACE, AND AROUND THE GLOBE
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IRS990ScheduleR/OtherTransferFromOtherOrg00
IRS990ScheduleR/OtherTransferToOtherOrg00
IRS990ScheduleR/PerformOfServicesByOtherOrgs00
IRS990ScheduleR/PerformOfServicesForOtherOrgs00
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg00
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties00
IRS990ScheduleR/ReimbursementPaidByOtherOrg00
IRS990ScheduleR/ReimbursementPaidToOtherOrg00
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs00
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs00
IRS990ScheduleR/SaleOfAssetsToOtherOrg00
IRS990ScheduleR/SharingOfFacilities00
IRS990ScheduleR/SharingOfPaidEmployees00
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0VA
IRS990/StatesWhereCopyOfReturnIsFiled0VA
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/TemporarilyRestrictedNetAssets/BOY041196
IRS990/TemporarilyRestrictedNetAssets/EOY04385
IRS990/Terminated00
IRS990/TermOrPermanentEndowments01
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10101 W MAIN ST STE 4500
IRS990/TheBooksAreInCareOf/AddressUS/City0NORFOLK
IRS990/TheBooksAreInCareOf/AddressUS/State0VA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode023510
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10SALLY HARTMAN
IRS990/TheBooksAreInCareOf/TelephoneNumber07576227951
IRS990/TotalAssets/BOY0429181
IRS990/TotalAssetsBOY0429181
IRS990/TotalAssets/EOY0470739
IRS990/TotalAssetsEOY0470739
IRS990/TotalCompGT150K00
IRS990/TotalContributions087161
IRS990/TotalExpensesCurrentYear066137
IRS990/TotalExpensesPriorYear0231170
IRS990/TotalFunctionalExpenses/Fundraising00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.32$0.03$9.29$1.30$1.10$0.20
2024Detailed filing. Detailed filing data is available for this year.$9.25$0.37$8.87$1.33$1.08$0.25
2023Detailed filing. Detailed filing data is available for this year.$8.34$0.02$8.32$0.92$0.80$0.13
2022Detailed filing. Detailed filing data is available for this year.$8.85$0.00$8.85$0.86$0.75$0.12
2021Detailed filing. Detailed filing data is available for this year.$8.42$0.00$8.42$0.44$0.60$0.16
2020Detailed filing. Detailed filing data is available for this year.$6.68$0.00$6.68$1.44$0.86$0.58
2019Detailed filing. Detailed filing data is available for this year.$6.60$0.00$6.60$0.64$0.84$0.20
2018Detailed filing. Detailed filing data is available for this year.$6.63$0.01$6.62$0.71$0.70$0.01
2017Detailed filing. Detailed filing data is available for this year.$6.35$0.23$6.12$0.55$0.68$0.12
2016Detailed filing. Detailed filing data is available for this year.$5.70$0.03$5.68$0.48$0.65$0.17
2015Detailed filing. Detailed filing data is available for this year.$5.86$0.00$5.86$0.37$0.70$0.34
2014Detailed filing. Detailed filing data is available for this year.$5.64$0.00$5.64$0.95$0.72$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$0.01$4.96$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.71$0.01$4.70$0.66
2011Summary only. Only limited summary data is available for this year.$4.29$0.00$4.29$2.24$2.31$0.07