Civic Intelligence

Rotary District 5080 Charitable Fund

990 • Fiscal year 2022 • EIN 81-3110856

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 03, 2023

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

40th percentile

0.00x

Higher debt load relative to assets than 40% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

48th percentile

0.02x

Higher debt load relative to revenue than 48% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

84th percentile

38%

Higher net margin than 84% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

25th percentile

-8.0%

Faster asset growth than 25% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

188%

Faster revenue growth than 94% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$998,092

Down $86,241 (-8.0%) from 2021

Net Assets

Down

$993,827

Down $85,262 (-7.9%) from 2021

Liabilities

Down

$4,265

Down $979 (-19%) from 2021

Revenue

Up

$245,587

Up $160,417 (+188%) from 2021

Expenses

Up

$151,351

Up $57,655 (+62%) from 2021

Net Income

Up

$94,236

Up $102,762 (+1205%) from 2021

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

2022

Assets$998,092
Liabilities$4,265
Net Assets$993,827

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

2022

Revenue$245,587
Expenses$151,351
Net Income$94,236
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 3, 2023
Return Version
2021v4.1
Gross Receipts
$474,378
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$1,079,089$993,827▼ $85,262
Investments in Publicly Traded Securities$963,255$807,161▼ $156,094
Cash and Non-Interest-Bearing Accounts$48,470$138,697▲ $90,227
Savings and Temporary Cash Investments$72,364$52,234▼ $20,130
Prepaid Expenses and Deferred Charges$244$0▼ $244
Accounts Receivable-$0-
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$1,084,333$998,092▼ $86,241
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$2,500$4,165▲ $1,665
Deferred Revenue$2,744$100▼ $2,644
Total Liabilities$5,244$4,265▼ $979
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,079,089$993,827▼ $85,262
Total Liabilities and Net Assets / Fund Balance$1,084,333$998,092▼ $86,241

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$883,302-▼ $82,492-$729,516
2021$773,498-▲ $162,602-$883,302
2020$821,192$1,500▲ $9,810-$773,498
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 QuayPresident
Bev ReedVice President
Dave LarsenDirector
Kyle NolteDirector
Gary J BoweTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$151,811
Program Service Revenue
$0
Investment Income
$85,967
Other Revenue
$7,809
All Other Contributions
$138,680
Change in Net Assets
$94,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$141,752
Other Expenses$9,599
Total Fundraising Expense$1,906
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$92,232--$92,232
Grants to Domestic Individuals$46,000--$46,000
Fees for Service Investment Mgmnt Fees-$6,306-$6,306
Foreign Grants$3,520--$3,520
Insurance-$1,250-$1,250
Fees for Services Other-$45-$45
Other Expenses-$3$1,906$3
Total Functional Expenses$141,752$7,693$1,906$151,351
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Meals on Wheels - Spokane CoSpokane, WA501(c)(3)Meals for Homebound Seniors$13,125
Spokane Valley PartnersSpokane Valley, WA501(c)(3)Fund Senior Assistance Programs$13,000
Widows MightSpokane Valley, WA501(c)(3)Assistance to Elderly Widows$9,919
City of Lewiston IDLewiston, IDCity of Lewiston IDContruction of Rotary Peace Park$0
City of Walla Walla WaWalla Walla, WACity of Walla WallaRenovation of City Park$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$12,027
Fundraising Direct Expenses$5,218
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament-deer Park$22,713$12,027$2,974$9,053
Total Events$22,713$12,027$5,218$6,809
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 8: Explanation of No Contemporaneously Documentation of Meetings

Minutes recorded of all board meetings

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
2023-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary J Bowe
Formed
2016
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
100

Preparer

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

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Investment fund return of capital = $43

Other Changes In Net Assets Or Fund Balances - Other Decreases

Unrealized gain (loss) on securities held = -$179541

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IRS990/PYGrantsAndSimilarPaidAmt087663
IRS990/PYInvestmentIncomeAmt047238
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt06033
IRS990/PYOtherRevenueAmt01759
IRS990/PYRevenuesLessExpensesAmt0-8526
IRS990/PYTotalExpensesAmt093696
IRS990/PYTotalRevenueAmt085170
IRS990/QuidProQuoContributionsInd0false
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt094236
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
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IRS990/RevenueAmt0172997
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt072364
IRS990/SavingsAndTempCashInvstGrp/EOYAmt052234
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0151811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt036173
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt026635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0155578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt045394
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0415591
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt054496
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt021266
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt032424
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt053484
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt028215
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0189885
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02250
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05250
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IRS990ScheduleA/PublicSupportPY170Pct00.66940
IRS990ScheduleA/PublicSupportTotal170Amt0294451
IRS990ScheduleA/SubstantialContributorsTotAmt0121140
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt036173
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0155578
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt045394
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0415591
IRS990ScheduleA/TotalSupportAmt0610726
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0729516
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt064044
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-82492
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt05998
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0773498
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0883302
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt046800
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0162602
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt05648
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0821192
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0773498
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt053356
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt09810
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt05769
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0724643
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0100000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0821192
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt032614
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt034932
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt04073
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0749467
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0724643
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt035769
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt015018
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IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0141252
IRS990ScheduleD/DonorAdvisedFundsHeldCnt012
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0991877
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/FundsAndOtherAccountsContriAmt01043
IRS990ScheduleD/FundsAndOtherAccountsGrantsAmt0500
IRS990ScheduleD/FundsAndOtherAccountsHeldCnt01
IRS990ScheduleD/FundsAndOtherAccountsVlEOYAmt01950
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.92840
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IRS990ScheduleD/TermEndowmentBalanceEOYPct00.07160
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt010686
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt010686
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05218
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT-DEER PARK
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022713
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022713
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012027
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt012027
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06809
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt02244
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02244
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02974
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02974
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt046000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt022
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/CashGrantAmt10
IRS990ScheduleI/RecipientTable/CashGrantAmt213125
IRS990ScheduleI/RecipientTable/CashGrantAmt313000
IRS990ScheduleI/RecipientTable/CashGrantAmt49919
IRS990ScheduleI/RecipientTable/IRCSectionDesc0City of Lewiston ID
IRS990ScheduleI/RecipientTable/IRCSectionDesc1CITY OF WALLA WALLA
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt07780
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt120000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0CONSTRUCTION OF PARK

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