Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
72nd percentile
Faster asset growth than 72% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Assets
Up$154,941
Up $27,045 (+21%) from 2018
Net Assets
Up$154,941
Up $27,045 (+21%) from 2018
Liabilities
-
No earlier filing loaded for comparison.
Revenue
Down$30,669
Down $22,758 (-43%) from 2018
Expenses
Down$14,904
Down $22,108 (-60%) from 2018
Net Income
Down$15,765
Down $650 (-4.0%) from 2018
This alex rovello memorial foundation is formed under chapter 65 of the oregon revised statues (hereinafter referred to as the "oregon nonprofit corporation act") subject to the limitations stated in the articles of incorporation. The purpose of this corporation will be to engage in any lawful activities, none of which are for profit, for which corporations may be organized under the oregon nonprofit corporation act (or its corresponding future provisions). This corporation's primary purpose is for the care and preservation of the alex rovello memorial courts at berkeley park and to promote, develop and enhance the lifetime sport of tennis, all within the meaning of 501 (c) 3 of the internal revenue code of 1986, as now in effect or as may thereafter be amended (the "code") and the oregon excise tax law of 1929, as set forth in oregon revised statues 317.080.
| Description | Grants | Expenses |
|---|---|---|
| TO PROVIDE SUPPORT FOR THE CARE AND PRESERVATION OF THE ALEX ROVELLO MEMORIAL COURTS AT BERKELEY PARK AND TO PROMOTE, DEVELOP AND ENHANCE THE LIFETIME SPORT OF TENNIS. NEEDLESS TO SAY, CONTINUAL COURT AND AREA MAINTENANCE IS A CRITICAL ONGOING COST. IT IS ANTICIPATED THAT THE COURTS WILL NEED TO BE RESURFACED IN THREE TO FIVE YEARS AT A COST OF 20,000. THE MANY HOURS WE SPEND CLEANING THE COURTS, YEARLY POWER-WASHING AND A WEEKLY LANDSCAPING SERVICE HAVE EXTENDED THE EXPECTED SEVEN YEAR WEAR PERIOD. ON JUNE 5TH WE BEGAN A NEW TRADITION AT THE COURTS, THE ALEX ROVELLO MEMORIAL AWARD FOR CLEVELAND HIGH SCHOOL'S MOST OUTSTANDING BOY'S TENNIS PLAYER. THE AWARD WAS INITIATED BY CLEVELAND HIGH SCHOOL'S BOY'S TENNIS COACH, ART SHAPIRO. WINNING PLAYERS FROM 2014 THROUGH 2019 WERE RECOGNIZED IN AN ON-COURT CEREMONY. IT IS WORTH NOTING THAT ALEX HAD COACHED SOME OF THESE PLAYERS WHEN HE WORKED AT THE JUNIOR TENNIS PROGRAMS AT REED COLLEGE. TO KEEP OUR CIRCLE OF SUPPORT EXPANDING WE ARE LAUNCHING A NEW INITIATIVE, ALEX ROVELLO MEMORIAL FOUNDATION VOLUNTEERS. A NUMBER OF ACTIVITIES PROPOSED FOR 2020, CLINICS AND DAY EVENTS FOR ALL AGES, WOULD BE ENRICHED WITH HANDS ON SUPPORT. | - | $9,236 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GERALYN ROVELLO | President | PT | $0 | - | - |
| JAMES ROVELLO | Vice Preside | PT | $0 | - | - |
| ELAINE HARPER | Secretary | - | $0 | - | - |
“Expenses office expenses 799 insurance 1,316 court improvements 65 court maintenance 6,567 court supplies 806 direct mail expense 1,059 donation site fees 122 dues & subscriptions 227 equipment 652 event expenses 892 ocf fees 623 ocf fund expenses 15 postage & shipping 199 taxes & licenses 203 total 13,545”
“Changes in fund balance 11,280”
“This alex rovello memorial foundation is formed under chapter 65 of the oregon revised statues (hereinafter referred to as the "oregon nonprofit corporation act") subject to the limitations stated in the articles of incorporation. The purpose of this corporation will be to engage in any lawful activities, none of which are for profit, for which corporations may be organized under the oregon nonprofit corporation act (or its corresponding future provisions). This corporation's primary purpose is for the care and preservation of the alex rovello memorial courts at berkeley park and to promote, develop and enhance the lifetime sport of tennis, all within the meaning of 501 (c) 3 of the internal revenue code of 1986, as now in effect or as may thereafter be amended (the "code") and the oregon excise tax law of 1929, as set forth in oregon revised statues 317.080.”
“To provide support for the care and preservation of the alex rovello memorial courts at berkeley park and to promote, develop and enhance the lifetime sport of tennis. Needless to say, continual court and area maintenance is a critical ongoing cost. It is anticipated that the courts will need to be resurfaced in three to five years at a cost of 20,000. The many hours we spend cleaning the courts, yearly power-washing and a weekly landscaping service have extended the expected seven year wear period. On june 5th we began a new tradition at the courts, the alex rovello memorial award for cleveland high school's most outstanding boy's tennis player. The award was initiated by cleveland high school's boy's tennis coach, art shapiro. Winning players from 2014 through 2019 were recognized in an on-court ceremony. It is worth noting that alex had coached some of these players when he worked at the junior tennis programs at reed college. To keep our circle of support expanding we are launching a new initiative, alex rovello memorial foundation volunteers. A number of activities proposed for 2020, clinics and day events for all ages, would be enriched with hands on support.”
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/PrimaryExemptPurposeTxt | 0 | THIS ALEX ROVELLO MEMORIAL FOUNDATION IS FORMED UNDER CHAPTER 65 OF THE OREGON REVISED STATUES (HEREINAFTER REFERRED TO AS THE "OREGON NONPROFIT CORPORATION ACT") SUBJECT TO THE LIMITATIONS STATED IN THE ARTICLES OF INCORPORATION. THE PURPOSE OF THIS CORPORATION WILL BE TO ENGAGE IN ANY LAWFUL ACTIVITIES, NONE OF WHICH ARE FOR PROFIT, FOR WHICH CORPORATIONS MAY BE ORGANIZED UNDER THE OREGON NONPROFIT CORPORATION ACT (OR ITS CORRESPONDING FUTURE PROVISIONS). THIS CORPORATION'S PRIMARY PURPOSE IS FOR THE CARE AND PRESERVATION OF THE ALEX ROVELLO MEMORIAL COURTS AT BERKELEY PARK AND TO PROMOTE, DEVELOP AND ENHANCE THE LIFETIME SPORT OF TENNIS, ALL WITHIN THE MEANING OF 501 (C) 3 OF THE INTERNAL REVENUE CODE OF 1986, AS NOW IN EFFECT OR AS MAY THEREAFTER BE AMENDED (THE "CODE") AND THE OREGON EXCISE TAX LAW OF 1929, AS SET FORTH IN OREGON REVISED STATUES 317.080. |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE EXPENSES 799 INSURANCE 1,316 COURT IMPROVEMENTS 65 COURT MAINTENANCE 6,567 COURT SUPPLIES 806 DIRECT MAIL EXPENSE 1,059 DONATION SITE FEES 122 DUES & SUBSCRIPTIONS 227 EQUIPMENT 652 EVENT EXPENSES 892 OCF FEES 623 OCF FUND EXPENSES 15 POSTAGE & SHIPPING 199 TAXES & LICENSES 203 TOTAL 13,545 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CHANGES IN FUND BALANCE 11,280 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THIS ALEX ROVELLO MEMORIAL FOUNDATION IS FORMED UNDER CHAPTER 65 OF THE OREGON REVISED STATUES (HEREINAFTER REFERRED TO AS THE "OREGON NONPROFIT CORPORATION ACT") SUBJECT TO THE LIMITATIONS STATED IN THE ARTICLES OF INCORPORATION. THE PURPOSE OF THIS CORPORATION WILL BE TO ENGAGE IN ANY LAWFUL ACTIVITIES, NONE OF WHICH ARE FOR PROFIT, FOR WHICH CORPORATIONS MAY BE ORGANIZED UNDER THE OREGON NONPROFIT CORPORATION ACT (OR ITS CORRESPONDING FUTURE PROVISIONS). THIS CORPORATION'S PRIMARY PURPOSE IS FOR THE CARE AND PRESERVATION OF THE ALEX ROVELLO MEMORIAL COURTS AT BERKELEY PARK AND TO PROMOTE, DEVELOP AND ENHANCE THE LIFETIME SPORT OF TENNIS, ALL WITHIN THE MEANING OF 501 (C) 3 OF THE INTERNAL REVENUE CODE OF 1986, AS NOW IN EFFECT OR AS MAY THEREAFTER BE AMENDED (THE "CODE") AND THE OREGON EXCISE TAX LAW OF 1929, AS SET FORTH IN OREGON REVISED STATUES 317.080. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO PROVIDE SUPPORT FOR THE CARE AND PRESERVATION OF THE ALEX ROVELLO MEMORIAL COURTS AT BERKELEY PARK AND TO PROMOTE, DEVELOP AND ENHANCE THE LIFETIME SPORT OF TENNIS. NEEDLESS TO SAY, CONTINUAL COURT AND AREA MAINTENANCE IS A CRITICAL ONGOING COST. IT IS ANTICIPATED THAT THE COURTS WILL NEED TO BE RESURFACED IN THREE TO FIVE YEARS AT A COST OF 20,000. THE MANY HOURS WE SPEND CLEANING THE COURTS, YEARLY POWER-WASHING AND A WEEKLY LANDSCAPING SERVICE HAVE EXTENDED THE EXPECTED SEVEN YEAR WEAR PERIOD. ON JUNE 5TH WE BEGAN A NEW TRADITION AT THE COURTS, THE ALEX ROVELLO MEMORIAL AWARD FOR CLEVELAND HIGH SCHOOL'S MOST OUTSTANDING BOY'S TENNIS PLAYER. THE AWARD WAS INITIATED BY CLEVELAND HIGH SCHOOL'S BOY'S TENNIS COACH, ART SHAPIRO. WINNING PLAYERS FROM 2014 THROUGH 2019 WERE RECOGNIZED IN AN ON-COURT CEREMONY. IT IS WORTH NOTING THAT ALEX HAD COACHED SOME OF THESE PLAYERS WHEN HE WORKED AT THE JUNIOR TENNIS PROGRAMS AT REED COLLEGE. TO KEEP OUR CIRCLE OF SUPPORT EXPANDING WE ARE LAUNCHING A NEW INITIATIVE, ALEX ROVELLO MEMORIAL FOUNDATION VOLUNTEERS. A NUMBER OF ACTIVITIES PROPOSED FOR 2020, CLINICS AND DAY EVENTS FOR ALL AGES, WOULD BE ENRICHED WITH HANDS ON SUPPORT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | (A) DID THE ORGANIZATION, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT?........NO (B) DID THE ORGANIZATION, DURING THE YEAR, PAY PREMIUMS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT?........NO |
| ReturnHeader/BuildTS | 0 | 2020-09-23 17:36:50Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GERALYN ROVELLO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-05-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ALEX ROVELLO MEMORIAL FOUNDATION |
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| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-05-14 |
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| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:44:04 |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1500 NE IRVING ST STE 440 |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-05-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RONALD D HARMENING |
| ReturnHeader/ReturnTs | 0 | 2020-05-14T15:44:04-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.