Civic Intelligence

Rotary District 5080 Charitable Fund

990 • Fiscal year 2020 • EIN 81-3110856

Jul 01, 2019 to Jun 30, 2020 • Filed on May 06, 2021

3833 E Eloika RdDeer Park, WA 99006

(509) 922-2693

Siviq Scores

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

Liabilities / Assets

34th percentile

0.00x

Higher debt load relative to assets than 34% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.07x

Higher debt load relative to revenue than 53% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

5th percentile

-91%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

16th percentile

-6.9%

Faster asset growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

4th percentile

-71%

Faster revenue growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$938,899

Down $69,439 (-6.9%) from 2019

Net Assets

Down

$934,739

Down $69,061 (-6.9%) from 2019

Liabilities

Down

$4,160

Down $378 (-8.3%) from 2019

Revenue

Down

$56,878

Down $139,597 (-71%) from 2019

Expenses

Up

$108,502

Up $15,918 (+17%) from 2019

Net Income

Down

-$51,624

Down $155,515 (-150%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2017: $11,764Liabilities 2017: $0Net Assets 2017: $11,7642017Assets 2018: $919,851Liabilities 2018: $11,395Net Assets 2018: $908,4562018Assets 2019: $1,008,338Liabilities 2019: $4,538Net Assets 2019: $1,003,8002019Assets 2020: $938,899Liabilities 2020: $4,160Net Assets 2020: $934,7392020Assets 2021: $1,084,333Liabilities 2021: $5,244Net Assets 2021: $1,079,0892021Assets 2022: $998,092Liabilities 2022: $4,265Net Assets 2022: $993,8272022Assets 2023: $1,060,037Liabilities 2023: $100Net Assets 2023: $1,059,9372023Assets 2024: $1,075,128Liabilities 2024: $285Net Assets 2024: $1,074,8432024Assets 2025: $1,142,863Liabilities 2025: $0Net Assets 2025: $1,142,8632025

Highlighted filing

2020

Assets$938,899
Liabilities$4,160
Net Assets$934,739

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $13,864Expenses 2017: $2,100Net Income 2017: $11,7642017Revenue 2018: $1,008,346Expenses 2018: $84,890Net Income 2018: $923,4562018Revenue 2019: $196,475Expenses 2019: $92,584Net Income 2019: $103,8912019Revenue 2020: $56,878Expenses 2020: $108,502Net Income 2020: -$51,6242020Revenue 2021: $85,170Expenses 2021: $93,696Net Income 2021: -$8,5262021Revenue 2022: $245,587Expenses 2022: $151,351Net Income 2022: $94,2362022Revenue 2023: $133,694Expenses 2023: $141,259Net Income 2023: -$7,5652023Revenue 2024: $117,801Expenses 2024: $174,371Net Income 2024: -$56,5702024Revenue 2025: $192,808Expenses 2025: $162,922Net Income 2025: $29,8862025

Highlighted filing

2020

Revenue$56,878
Expenses$108,502
Net Income-$51,624
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 6, 2021
Return Version
2019v5.0
Gross Receipts
$171,172
Mission and Program Overview

Mission

To support the local and worldwide charitable activities of the Rotary District 5080 and its participating local Rotary Clubs, as well as provide funding for community projects, scholarships, and other charitable projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$1,003,800$934,739▼ $69,061
Investments in Publicly Traded Securities$865,998$804,953▼ $61,045
Savings and Temporary Cash Investments$100,210$88,349▼ $11,861
Cash and Non-Interest-Bearing Accounts$32,392$44,554▲ $12,162
Accounts Receivable$9,612$0▼ $9,612
Prepaid Expenses and Deferred Charges$126$1,042▲ $916
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,008,338$938,899▼ $69,439
Other Assets Total-$1-
Liabilities
Accounts Payable and Accrued Expenses$2,908$2,500▼ $408
Deferred Revenue$1,630$1,660▲ $30
Total Liabilities$4,538$4,160▼ $378
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,003,800$934,739▼ $69,061
Total Liabilities and Net Assets / Fund Balance$1,008,338$938,899▼ $69,439

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$821,192$1,500▲ $9,535-$773,222
2019$724,643$100,000▲ $34,932-$821,192
2018-$749,467▲ $15,018-$724,643
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert CarrollPresident
Bev ReedDirector
Paul FletcherDirector
Robert QuayDirector
William RoeDirector
Carol CarrollSecretary
Gary J BoweTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,635
Program Service Revenue
$0
Investment Income
$28,036
Other Revenue
$2,207
All Other Contributions
$16,085
Change in Net Assets
$-51,624
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$102,704
Other Expenses$5,798
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$70,889--$70,889
Grants to Domestic Individuals$31,815--$31,815
Fees for Service Investment Mgmnt Fees-$5,648-$5,648
Other Expenses$150--$150
Total Functional Expenses$102,854$5,648$0$108,502
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Spokane Valley PartnersSpokane Valley, WA-Fund Senior Assistance Programs$12,000
Widows MightSpokane Valley, WA-Assistance to Elderly Widows$9,554
Spokane Nghbrhd Assist ProgSpokane, WA-Utility Assist - Low Income Seniors$9,180
Meals on Wheels - Spokane CoSpokane, WA-Meals for Homebound Seniors$5,800
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,436
Fundraising Direct Expenses$9,229
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament-deer Park$15,401$8,366$200$8,166
Total Events$15,401$8,366$6,673$1,693
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

President and secretary are spouses.

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

Minutes recorded of all board meetings

Form 990, Part VI, Line 9: Officer, Director, Trustee, Key Employee Mailing Address

ROBERT CARROLL32518 N Ridge RdCHATTAROY, WA 99003CAROL CARROLL32518 N Ridge RdCHATTAROY, WA 99003Bev Reed1909 W WedgewoodSPOKANE, WA 99208Robert Quay4711 W 18th PlaceKennewick, WA 99338Paul Fletcher15125 E Ridge LaneVeradale, WA 99037William Roe1419 S Walnut StSpokane, WA 99203

Form 990, Part VI, Line 11B: Form 990 Review Process

No formal review. The return is provided to all board member for review, and they are provided the opportunity to raise questions, if desired.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Officers and directors are required to acknowledge receipt of the conflict of interest policy. The policy is reviewed with the board at least annually and board members are required to indicate in writing whether any conflicts of interest exist.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents and policies available on request. Financial statements distributed to all board members and participating rotary clubs

Filing and Contact Details

Filer

Filer Name
Rotary District 5080 Charitable Fund
EIN
81-3110856
Phone
5099222693
Address
3833 E Eloika Rd, Deer Park, WA 99006

Signing Officer

Name
Gary J Bowe
Title
Treasurer
Phone
5099222693
Signed
2021-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary J Bowe
Formed
2016
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
100

Preparer

Firm
Gary J Bowe EA
Address
3833 East Eloika Rd, Deer Park, WA 99006
Preparer
Gary J Bowe EA
Phone
5099222693
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Unrealized gain (loss) on securities held = -$17437

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IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION ADMINISTERS PERMANENT ENDOWMENTS CREATED BY ROTARY CLUBS OR INDIVIDUALS TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR YOUTH.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt017122
IRS990/ProgSrvcAccomActy3Grp/GrantAmt017122
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt06571
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0155578
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IRS990/PYGrantsAndSimilarPaidAmt086815
IRS990/PYInvestmentIncomeAmt051059
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt05769
IRS990/PYOtherRevenueAmt0-10162
IRS990/PYRevenuesLessExpensesAmt0103891
IRS990/PYTotalExpensesAmt092584
IRS990/PYTotalRevenueAmt0196475
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-51624
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IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt036081
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100210
IRS990/SavingsAndTempCashInvstGrp/EOYAmt088349
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt026635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0155578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt045394
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010320
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0237927
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt032424
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt053484
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt028215
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0114123
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0237927
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt026635
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0155578
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt045394
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt010320
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0237927
IRS990ScheduleA/TotalSupportAmt0352050
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt05648
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0821192
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01500
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0773222
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt053357
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt09535
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt05769
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0724643
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0100000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0821192
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt032614
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt034932
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt04073
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0749467
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0724643
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt035769
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt015018
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsHeldCnt011
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/FundsAndOtherAccountsHeldCnt01
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt0436
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0436
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt07035
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt07035
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06673
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT-DEER PARK
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01300
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015401
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015401
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt08366
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt08366
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt01693
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt02460
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02460
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0200
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0200
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02277
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt02277
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt031300
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1515
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1ASSISTANCE TO LOW INCOME YOUTH
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt018
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/RecipientTable/CashGrantAmt05800
IRS990ScheduleI/RecipientTable/CashGrantAmt19180
IRS990ScheduleI/RecipientTable/CashGrantAmt212000
IRS990ScheduleI/RecipientTable/CashGrantAmt39554
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MEALS FOR HOMEBOUND SENIORS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1UTILITY ASSIST - LOW INCOME SENIORS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2FUND SENIOR ASSISTANCE PROGRAMS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3ASSISTANCE TO ELDERLY WIDOWS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Meals on Wheels - Spokane Co
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Spokane Nghbrhd Assist Prog
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SPOKANE VALLEY PARTNERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3WIDOWS MIGHT
IRS990ScheduleI/RecipientTable/RecipientEIN0911042546
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 14278
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13102 W FT GEORGE WRIGHT DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt210814 E BROADWAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO Box 14005
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Spokane
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SPOKANE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2SPOKANE VALLEY
IRS990ScheduleI/RecipientTable/USAddress/CityNm3SPOKANE VALLEY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1WA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2WA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3WA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd099214
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd199214

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