Civic Intelligence

Carmichael Rotary Foundation

990EZ • Fiscal year 2020 • EIN 81-0777203

Jul 01, 2019 to Jun 30, 2020 • Filed on Aug 05, 2020

PO Box 129Carmicheal, CA 95609-0129

(916) 803-4766

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

25th percentile

-14%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

9th percentile

-45%

Faster asset growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

55th percentile

-9.0%

Faster revenue growth than 55% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$43,960

Down $36,264 (-45%) from 2019

Net Assets

Down

$43,960

Down $5,571 (-11%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$39,447

Down $3,895 (-9.0%) from 2019

Expenses

Down

$45,018

Down $116,812 (-72%) from 2019

Net Income

Up

-$5,571

Up $112,917 (+95%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $21,858Net Assets 2016: $21,8582016Assets 2017: $29,397Net Assets 2017: $29,3972017Assets 2018: $173,019Liabilities 2018: $5,000Net Assets 2018: $168,0192018Assets 2019: $80,224Liabilities 2019: $30,693Net Assets 2019: $49,5312019Assets 2020: $43,960Net Assets 2020: $43,9602020Assets 2021: $36,142Net Assets 2021: $36,1422021Assets 2022: $42,630Net Assets 2022: $42,6302022Assets 2023: $57,807Net Assets 2023: $57,8072023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$43,960
Liabilities-
Net Assets$43,960

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2016: $22,000Expenses 2016: $142Net Income 2016: $21,8582016Revenue 2017: $34,194Expenses 2017: $26,655Net Income 2017: $7,5392017Revenue 2018: $226,386Expenses 2018: $87,764Net Income 2018: $138,6222018Revenue 2019: $43,342Expenses 2019: $161,830Net Income 2019: -$118,4882019Revenue 2020: $39,447Expenses 2020: $45,018Net Income 2020: -$5,5712020Revenue 2021: $10,193Expenses 2021: $18,011Net Income 2021: -$7,8182021Revenue 2022: $26,773Expenses 2022: $20,285Net Income 2022: $6,4882022Revenue 2023: $47,489Expenses 2023: $32,312Net Income 2023: $15,1772023Revenue 2024: $10,577Expenses 2024: $8,618Net Income 2024: $1,9592024

Highlighted filing

2020

Revenue$39,447
Expenses$45,018
Net Income-$5,571
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Aug 5, 2020
Return Version
2019v5.0
Gross Receipts
$39,447
Mission and Program Overview

Mission

Carmichael rotary foundation is a nonprofit public benefit corporation organized for the purposes of administration and disbursements of funds otherwise intended to be donated to or through rotary club of carmichael for public and charitable purposes.

Program Services

DescriptionGrantsExpenses
CARMICHAEL ROTARY FOUNDATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION WHO ACCOMPLISHED THE ADMINISTRATION AND DISBURSEMENTS OF FUNDS OTHERWISE INTENDED TO BE DONATED TO OR THROUGH ROTARY CLUB OF CARMICHAEL FOR PUBLIC AND CHARITABLE PURPOSES.-$45,018
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID THORMANPresident-$0--
VINCENT IOSSOTreasurer-$0--
TERRY SWEENEYSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Carmichael Rotary Foundation
EIN
81-0777203
Phone
9168034766
Address
PO BOX 129, CARMICHEAL, CA 95609-0129

Signing Officer

Name
Vincent Iosso
Title
Treasurer
Phone
9168034766
Signed
2020-08-05
Discuss with paid preparer
Yes

Preparer

Firm
Mark Beil Accountancy Corp
Address
PO BOX 1055, CARMICHAEL, CA 95609-1055
Preparer
Mark Beil CPA
Phone
9165645555
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses crab feed 14,243 community services 15,937 youth services 2,750 international services 8,356 vocational services 3,172 other 560 total 45,018

Form 990-ez, Part II, Line 26

Other liabilities 30,693 0

Form 990-ez, Part III

Carmichael rotary foundation is a nonprofit public benefit corporation organized for the purposes of administration and disbursements of funds otherwise intended to be donated to or through rotary club of carmichael for public and charitable purposes.

Form 990-ez, Part III, Line 28

Carmichael rotary foundation is a nonprofit public benefit corporation who accomplished the administration and disbursements of funds otherwise intended to be donated to or through rotary club of carmichael for public and charitable purposes.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES CRAB FEED 14,243 COMMUNITY SERVICES 15,937 YOUTH SERVICES 2,750 INTERNATIONAL SERVICES 8,356 VOCATIONAL SERVICES 3,172 OTHER 560 TOTAL 45,018
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER LIABILITIES 30,693 0
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Filings