Civic Intelligence

Bremerton Rotary Foundation

990 • Fiscal year 2017 • EIN 91-1228395

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 11, 2017

P O Box 242Bremerton, WA 98337

(360) 710-7793

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

94th percentile

62%

Higher net margin than 94% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

74th percentile

16%

Faster asset growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

49%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$736,034

Up $104,031 (+16%) from 2016

Net Assets

Up

$736,034

Up $104,031 (+16%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$168,022

Up $55,324 (+49%) from 2016

Expenses

Down

$63,991

Down $39,207 (-38%) from 2016

Net Income

Up

$104,031

Up $94,531 (+995%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $450,885Liabilities 2012: $02012Assets 2013: $403,419Liabilities 2013: $02013Assets 2014: $468,974Liabilities 2014: $02014Assets 2015: $492,614Liabilities 2015: $02015Assets 2016: $632,003Liabilities 2016: $0Net Assets 2016: $632,0032016Assets 2017: $736,034Liabilities 2017: $0Net Assets 2017: $736,0342017Assets 2018: $803,234Liabilities 2018: $0Net Assets 2018: $803,2342018Assets 2019: $853,879Liabilities 2019: $0Net Assets 2019: $853,8792019Assets 2020: $842,011Liabilities 2020: $0Net Assets 2020: $842,0112020Assets 2021: $1,763,299Liabilities 2021: $0Net Assets 2021: $1,763,2992021Assets 2022: $1,198,738Liabilities 2022: $0Net Assets 2022: $1,198,7382022Assets 2023: $1,322,383Liabilities 2023: $0Net Assets 2023: $1,322,3832023Assets 2024: $1,371,124Liabilities 2024: $0Net Assets 2024: $1,371,1242024Assets 2025: $1,498,718Liabilities 2025: $600Net Assets 2025: $1,498,1182025

Highlighted filing

2017

Assets$736,034
Liabilities$0
Net Assets$736,034

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $96,258Expenses 2012: $29,419Net Income 2012: $66,8392012Revenue 2013: $65,273Expenses 2013: $103,483Net Income 2013: -$38,2102013Revenue 2014: $161,016Expenses 2014: $95,461Net Income 2014: $65,5552014Revenue 2015: $108,476Expenses 2015: $84,835Net Income 2015: $23,6412015Revenue 2016: $112,698Expenses 2016: $103,198Net Income 2016: $9,5002016Revenue 2017: $168,022Expenses 2017: $63,991Net Income 2017: $104,0312017Revenue 2018: $140,267Expenses 2018: $73,067Net Income 2018: $67,2002018Revenue 2019: $124,374Expenses 2019: $73,729Net Income 2019: $50,6452019Revenue 2020: $15,368Expenses 2020: $27,236Net Income 2020: -$11,8682020Revenue 2021: $962,920Expenses 2021: $41,632Net Income 2021: $921,2882021Revenue 2022: $141,923Expenses 2022: $76,710Net Income 2022: $65,2132022Revenue 2023: $51,505Expenses 2023: $113,077Net Income 2023: -$61,5722023Revenue 2024: $894Expenses 2024: $100,621Net Income 2024: -$99,7272024Revenue 2025: $35,104Expenses 2025: $121,666Net Income 2025: -$86,5622025

Highlighted filing

2017

Revenue$168,022
Expenses$63,991
Net Income$104,031
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 11, 2017
Return Version
2016v3.0
Gross Receipts
$248,164
Mission and Program Overview

Mission

Community service: the foundation provides grants to community welfare agencies, scholarships to high school students,& international grants

Community service: the foundation provides grants to community welfare agencies and scholarships to high school students, and grants to rotary international service projects around the world

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$533,277$639,597▲ $106,320
Cash and Non-Interest-Bearing Accounts$90,133$88,304▼ $1,829
Inventories for Sale or Use$8,593$8,133▼ $460
Total Assets$632,003$736,034▲ $104,031
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$632,003$736,034▲ $104,031
Total Net Assets Fund Balance$632,003$736,034▲ $104,031
Total Liabilities and Net Assets / Fund Balance$632,003$736,034▲ $104,031

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$12,743--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$533,277$35,888▲ $70,553-$639,597
2015$509,598$33,517▼ $9,838-$533,277
2014$486,278$7,734▲ $15,586-$509,598
2013$384,645$31,539▲ $70,094-$486,278
2012$333,990$7,265▲ $43,390-$384,645
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dale HoldrenPresident
Andrea SpencerVice President
Dave AndersonDirector
Scott HendersonDirector
Steve StrachanDirector
Dennis TregerSec-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$72,497
Program Service Revenue
$0
Investment Income
$70,708
Other Revenue
$24,817
All Other Contributions
$54,834
Change in Net Assets
$104,031
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$61,893
Other Expenses$2,098
Total Fundraising Expense$1,793
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$30,643--$30,643
Grants to Domestic Individuals$28,950--$28,950
Foreign Grants$2,300--$2,300
Office Expenses$0$185$0$185
Other Expenses$0$120$0$120
Total Functional Expenses$61,893$305$1,793$63,991
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kitsap Immigrant Assistance CenterBremerton, WA-Humanitarian$7,700
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$104,959
Fundraising Direct Expenses$80,142
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Blackberry Festival$104,959$104,959$43,491$61,468
Total Events$104,959$104,959$80,142$24,817
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Filing and Contact Details

Filer

Filer Name
Bremerton Rotary Foundation
EIN
91-1228395
Phone
3607107793
Address
P O BOX 242, BREMERTON, WA 98337

Signing Officer

Name
Dennis Treger
Title
Treasurer
Phone
3607107793
Signed
2017-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Treger
Formed
1995
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
130

Preparer

Firm
Kyle Kincaid CPA
Address
10715 Silverdale Way NW Ste 205B, Silverdale, WA 98383
Preparer
Kyle Kincaid
Phone
3607107793
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The form 990 tax return is given to the board and board treasurer to review prior to filing. The cpa who prepared the form 990 is at the board meeting to answer questions.

Pt VI, Line 12C

Bremerton rotary foundation treasurer and bremerton rotary club treasurer are both cpa's and boards meet regularly. Conflicts of interest, if any, are discussed and eliminated if necessary.

Form 990, Part III, Line 4D

Grants to international humanitarian organizations 10000. 10000. 0.

Form 990, Part III, Line 4D

Rotary youth leadership award scholarships 1450. 1450. 0.

Financial Statement Notes

Pt V, Line 4

The intended purpose of the bremerton rotary foundation endowment is to generate income for high school student scholarships to secondary colleges and trade schools.

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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt043390
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0626854
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt112743
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0MUTUAL FUNDS-MORGAN STANLEY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1MONEY FUND-MORGAN STANLEY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTENDED PURPOSE OF THE BREMERTON ROTARY FOUNDATION ENDOWMENT IS TO GENERATE INCOME FOR HIGH SCHOOL STUDENT SCHOLARSHIPS TO SECONDARY COLLEGES AND TRADE SCHOOLS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueProgramRltdAmt0639597
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt080142
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt016135
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt016135
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BLACKBERRY FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt018241
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt018241
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0104959
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0104959
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0104959
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0104959
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt024817
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt043491
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt043491
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02275
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt02275
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt027500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt012
IRS990ScheduleI/RecipientTable/CashGrantAmt07700
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0HUMANITARIAN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0KITSAP IMMIGRANT ASSISTANCE CENTER
IRS990ScheduleI/RecipientTable/RecipientEIN0753182528
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 1276
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BREMERTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098337
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0COMMUNITY WELFARE COMMITTEE REQUIRES EXTENSIVE WRITTEN APPLICATION FROM POTENTIAL DONEES BEFORE GRANTING FUNDS. CLOSE ASSOCIATION WITH AND KNOWLEDGE OF DONEE ORGANIZATION'S BOARD & MANAGEMENT IS REQUIRED FOR GRANTS OVER $5,000. ANNUAL FINANCIAL STATEMENTS & FORM 990 ARE REQUIRED. FOLLOWUP WITH DONEE ORGANIZATION IS MAINTAINED THROUGH ANNUAL COMMUNICATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 TAX RETURN IS GIVEN TO THE BOARD AND BOARD TREASURER TO REVIEW PRIOR TO FILING. THE CPA WHO PREPARED THE FORM 990 IS AT THE BOARD MEETING TO ANSWER QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BREMERTON ROTARY FOUNDATION TREASURER AND BREMERTON ROTARY CLUB TREASURER ARE BOTH CPA'S AND BOARDS MEET REGULARLY. CONFLICTS OF INTEREST, IF ANY, ARE DISCUSSED AND ELIMINATED IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRANTS TO INTERNATIONAL HUMANITARIAN ORGANIZATIONS 10000. 10000. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROTARY YOUTH LEADERSHIP AWARD SCHOLARSHIPS 1450. 1450. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part III, Line 4d
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0632003
IRS990/TotalAssetsEOYAmt0736034
IRS990/TotalAssetsGrp/BOYAmt0632003
IRS990/TotalAssetsGrp/EOYAmt0736034
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt072497
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01793
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0305
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt061893
IRS990/TotalFunctionalExpensesGrp/TotalAmt063991
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0632003
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0736034
IRS990/TotalOtherProgSrvcExpenseAmt011450
IRS990/TotalOtherProgSrvcGrantAmt011450
IRS990/TotalProgramServiceExpensesAmt061893
IRS990/TotalRevenueGrp/ExclusionAmt024817
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt070708
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0168022
IRS990/TotalVolunteersCnt0130
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0632003
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0736034
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0632003
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0736034
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04312 KITSAP WAY STE 102
IRS990/USAddress/CityNm0BREMERTON
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098312
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENNIS TREGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03607107793
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BREMERTON ROTARY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BREM
ReturnHeader/Filer/EIN0911228395
ReturnHeader/Filer/PhoneNum03607107793
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 242
ReturnHeader/Filer/USAddress/CityNm0BREMERTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098337
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId037970F6142811C3F16F4123CF1833B4F43449CA4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId037970F6142811C3F16F4123CF1833B4F43449CA4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.113.204.10
ReturnHeader/FilingSecurityInformation/IPDt02017-12-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm012:55:45
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KYLE KINCAID CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010715 Silverdale Way NW Ste 205B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Silverdale
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098383
ReturnHeader/PreparerPersonGrp/PhoneNum03607107793
ReturnHeader/PreparerPersonGrp/PreparationDt02017-12-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KYLE KINCAID
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-12-09T12:55:50-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$0.04$0.12$0.09
2024Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.00$0.10$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$0.05$0.11$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.14$0.08$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.76$0.96$0.04$0.92
2020Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.02$0.03$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.12$0.07$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.14$0.07$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.17$0.06$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.11$0.10$0.01
2015Summary only. Only limited summary data is available for this year.$0.49$0.00$0.11$0.08$0.02
2014Summary only. Only limited summary data is available for this year.$0.47$0.00$0.16$0.10$0.07
2013Summary only. Only limited summary data is available for this year.$0.40$0.00$0.07$0.10$0.04
2012Summary only. Only limited summary data is available for this year.$0.45$0.00$0.10$0.03$0.07