Civic Intelligence

Rocky Mount Rotary Charitable Trust

990EZ • Fiscal year 2020 • EIN 83-0398757

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 29, 2020

PO Box 8888Rocky Mount, NC 27804

(252) 937-7500

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

21st percentile

-22%

Higher net margin than 21% 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

24th percentile

-13%

Faster asset growth than 24% of similar nonprofits.

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

Revenue Growth

35th percentile

-31%

Faster revenue growth than 35% of similar nonprofits.

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

Assets

Down

$111,682

Down $16,729 (-13%) from 2019

Net Assets

Down

$111,682

Down $16,729 (-13%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$76,827

Down $34,709 (-31%) from 2019

Expenses

Up

$93,557

Up $5,773 (+6.6%) from 2019

Net Income

Down

-$16,730

Down $40,482 (-170%) 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: $41,767Net Assets 2016: $41,7672016Assets 2017: $60,017Net Assets 2017: $60,0172017Assets 2018: $104,658Net Assets 2018: $104,6582018Assets 2019: $128,411Net Assets 2019: $128,4112019Assets 2020: $111,682Net Assets 2020: $111,6822020Assets 2021: $82,220Net Assets 2021: $82,2202021Assets 2022: $143,776Net Assets 2022: $143,7762022Assets 2023: $165,297Net Assets 2023: $165,2972023Assets 2024: $164,114Net Assets 2024: $164,1142024Assets 2025: $182,395Net Assets 2025: $182,3952025

Highlighted filing

2020

Assets$111,682
Liabilities-
Net Assets$111,682

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2016: $40,7082016Revenue 2017: $55,149Expenses 2017: $36,900Net Income 2017: $18,2492017Revenue 2018: $96,294Expenses 2018: $51,652Net Income 2018: $44,6422018Revenue 2019: $111,536Expenses 2019: $87,784Net Income 2019: $23,7522019Revenue 2020: $76,827Expenses 2020: $93,557Net Income 2020: -$16,7302020Revenue 2021: $22,420Expenses 2021: $51,883Net Income 2021: -$29,4632021Revenue 2022: $91,780Expenses 2022: $30,224Net Income 2022: $61,5562022Revenue 2023: $111,734Expenses 2023: $90,212Net Income 2023: $21,5222023Revenue 2024: $104,122Expenses 2024: $105,305Net Income 2024: -$1,1832024Revenue 2025: $112,941Expenses 2025: $94,661Net Income 2025: $18,2802025

Highlighted filing

2020

Revenue$76,827
Expenses$93,557
Net Income-$16,730
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 29, 2020
Return Version
2019v5.0
Gross Receipts
$82,597
Mission and Program Overview

Mission

Part iii organization's primary exempt purpose create and operate a monetary fund to support projects identified with rotary international as charitable and benefitting the needs of humanity, i.e. Relief from suffering caused by natural disasters occuring throughout this and other rotary districts, education, health and hunger causes as such needs are identified by the president of the rocky mount rotary club and by the rocky mount rotary club.

Program Services

DescriptionGrantsExpenses
TACKLE THE TAR, A 5K OBSTACLE COURSE CHALLENGE, WAS TO BE HELD IN MAY 2020 WITH NET PROCEEDS TO PROVIDE SCHOLARSHIP FUNDS TO THREE AREA COLLEGES. DUE TO THE COVID-19 PANDEMIC, THE EVENT WAS CANCELLED FOR THE 2020 YEAR. SPONSORS WERE GIVEN AN OPTION TO HAVE FUNDS RETURNED OR CONSIDERED CONTRIBUTIONS FOR THE CURRENT YEAR SCHOLARSHIPS.$81,000$81,000
APPRECIATION EVENT HOSTED TO CELEBRATE AND THANK LOCAL FIRST RESPONDERS. THIS INCLUDES EMS WORKERS, FIREFIGHTERS, LAW ENFORCEMENT OFFICERS, MILITARY PERSONNEL, AND VOLUNTEER DEPARTMENTS AND THEIR GUESTS. THE EVENT INCLUDED DINNER AND ENTERTAINMENT FREE OF CHARGE TO THE ATTENDEES.-$11,513
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHANE LANCASTERChairman-$0--
EDDIE COATSTrustee-$0--
CAMERON STALLINGSTrustee-$0--
CHRISTY WARRICKSecretary-$0--
ROB GOTTSCHALKTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mud Run-tackle$69,213$1,140$5,770$-4,630
Total Events$69,213$1,140$5,770$-4,630
Filing and Contact Details

Filer

Filer Name
Rocky Mount Rotary Charitable Trust
EIN
83-0398757
Phone
2529377500
Address
PO BOX 8888, ROCKY MOUNT, NC 27804

Signing Officer

Name
Shane Lancaster
Title
Chairman
Phone
2522126061
Signed
2020-10-29
Discuss with paid preparer
Yes

Preparer

Firm
Bunch & Company Llp
Address
PO BOX 7608, ROCKY MOUNT, NC 27804-0608
Preparer
Terri W Sharpe CPA
Phone
2524430551
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: nash community college address: 522 n. Old carriage road rocky mount, nc 27804 cash contribution: 27,000 name: edgecombe community college address: 225 tarboro street rocky mount, nc 27801 cash contribution: 27,000 name: north carolina wesleyan college inc address: 3400 n. Wesleyan blvd rocky mount, nc 27804 cash contribution: 27,000

Form 990-ez, Part I, Line 16

Expenses po box rental 154 total 154

Form 990-ez, Part III

Part iii organization's primary exempt purpose create and operate a monetary fund to support projects identified with rotary international as charitable and benefitting the needs of humanity, i.e. Relief from suffering caused by natural disasters occuring throughout this and other rotary districts, education, health and hunger causes as such needs are identified by the president of the rocky mount rotary club and by the rocky mount rotary club.

Form 990-ez, Part III, Line 28

Tackle the tar, a 5k obstacle course challenge, was to be held in may 2020 with net proceeds to provide scholarship funds to three area colleges. Due to the covid-19 pandemic, the event was cancelled for the 2020 year. Sponsors were given an option to have funds returned or considered contributions for the current year scholarships.

Form 990-ez, Part III, Line 29

Appreciation event hosted to celebrate and thank local first responders. This includes ems workers, firefighters, law enforcement officers, military personnel, and volunteer departments and their guests. The event included dinner and entertainment free of charge to the attendees.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: NASH COMMUNITY COLLEGE ADDRESS: 522 N. OLD CARRIAGE ROAD ROCKY MOUNT, NC 27804 CASH CONTRIBUTION: 27,000 NAME: EDGECOMBE COMMUNITY COLLEGE ADDRESS: 225 TARBORO STREET ROCKY MOUNT, NC 27801 CASH CONTRIBUTION: 27,000 NAME: NORTH CAROLINA WESLEYAN COLLEGE INC ADDRESS: 3400 N. WESLEYAN BLVD ROCKY MOUNT, NC 27804 CASH CONTRIBUTION: 27,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES PO BOX RENTAL 154 TOTAL 154
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PART III ORGANIZATION'S PRIMARY EXEMPT PURPOSE CREATE AND OPERATE A MONETARY FUND TO SUPPORT PROJECTS IDENTIFIED WITH ROTARY INTERNATIONAL AS CHARITABLE AND BENEFITTING THE NEEDS OF HUMANITY, I.E. RELIEF FROM SUFFERING CAUSED BY NATURAL DISASTERS OCCURING THROUGHOUT THIS AND OTHER ROTARY DISTRICTS, EDUCATION, HEALTH AND HUNGER CAUSES AS SUCH NEEDS ARE IDENTIFIED BY THE PRESIDENT OF THE ROCKY MOUNT ROTARY CLUB AND BY THE ROCKY MOUNT ROTARY CLUB.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TACKLE THE TAR, A 5K OBSTACLE COURSE CHALLENGE, WAS TO BE HELD IN MAY 2020 WITH NET PROCEEDS TO PROVIDE SCHOLARSHIP FUNDS TO THREE AREA COLLEGES. DUE TO THE COVID-19 PANDEMIC, THE EVENT WAS CANCELLED FOR THE 2020 YEAR. SPONSORS WERE GIVEN AN OPTION TO HAVE FUNDS RETURNED OR CONSIDERED CONTRIBUTIONS FOR THE CURRENT YEAR SCHOLARSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4APPRECIATION EVENT HOSTED TO CELEBRATE AND THANK LOCAL FIRST RESPONDERS. THIS INCLUDES EMS WORKERS, FIREFIGHTERS, LAW ENFORCEMENT OFFICERS, MILITARY PERSONNEL, AND VOLUNTEER DEPARTMENTS AND THEIR GUESTS. THE EVENT INCLUDED DINNER AND ENTERTAINMENT FREE OF CHARGE TO THE ATTENDEES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
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