Civic Intelligence

Lacey Rotary Foundation

990 • Fiscal year 2015 • EIN 91-1333657

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 20, 2016

PO Box 5850Lacey, WA 98509-5850

(360) 754-9862

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

7th percentile

-44%

Higher net margin than 7% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

17th percentile

-6.8%

Faster asset growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

1st percentile

-89%

Faster revenue growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,521,260

Down $111,484 (-6.8%) from 2014

Net Assets

Down

$1,521,260

Down $111,484 (-6.8%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$49,087

Down $379,960 (-89%) from 2014

Expenses

Down

$70,607

Down $5,666 (-7.4%) from 2014

Net Income

Down

-$21,520

Down $374,294 (-106%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $961,324Liabilities 2011: $0Net Assets 2011: $961,3242011Assets 2012: $1,036,865Liabilities 2012: $0Net Assets 2012: $1,036,8652012Assets 2013: $1,213,689Liabilities 2013: $0Net Assets 2013: $1,213,6892013Assets 2014: $1,632,744Liabilities 2014: $0Net Assets 2014: $1,632,7442014Assets 2015: $1,521,260Liabilities 2015: $0Net Assets 2015: $1,521,2602015Assets 2016: $1,556,519Liabilities 2016: $117,938Net Assets 2016: $1,438,5812016Assets 2017: $1,686,742Liabilities 2017: $127,988Net Assets 2017: $1,558,7542017Assets 2018: $1,535,295Liabilities 2018: $105,000Net Assets 2018: $1,430,2952018Assets 2019: $1,819,279Liabilities 2019: $127,500Net Assets 2019: $1,691,7792019Assets 2020: $1,964,595Liabilities 2020: $97,500Net Assets 2020: $1,867,0952020Assets 2021: $2,222,994Liabilities 2021: $145,700Net Assets 2021: $2,077,2942021Assets 2022: $1,791,667Liabilities 2022: $190,200Net Assets 2022: $1,601,4672022Assets 2023: $2,129,149Liabilities 2023: $193,200Net Assets 2023: $1,935,9492023

Highlighted filing

2015

Assets$1,521,260
Liabilities$0
Net Assets$1,521,260

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $49,692Expenses 2011: $64,646Net Income 2011: -$14,9542011Revenue 2012: $34,653Expenses 2012: $50,042Net Income 2012: -$15,3892012Revenue 2013: $104,449Expenses 2013: $59,309Net Income 2013: $45,1402013Revenue 2014: $429,047Expenses 2014: $76,273Net Income 2014: $352,7742014Revenue 2015: $49,087Expenses 2015: $70,607Net Income 2015: -$21,5202015Revenue 2016: $31,481Expenses 2016: $89,041Net Income 2016: -$57,5602016Revenue 2017: $116,984Expenses 2017: $97,511Net Income 2017: $19,4732017Revenue 2018: $130,695Expenses 2018: $96,533Net Income 2018: $34,1622018Revenue 2019: $49,749Expenses 2019: $96,050Net Income 2019: -$46,3012019Revenue 2020: $70,101Expenses 2020: $54,057Net Income 2020: $16,0442020Revenue 2021: $278,022Expenses 2021: $145,149Net Income 2021: $132,8732021Revenue 2022: $126,869Expenses 2022: $124,057Net Income 2022: $2,8122022Revenue 2023: $166,735Expenses 2023: $109,845Net Income 2023: $56,8902023

Highlighted filing

2015

Revenue$49,087
Expenses$70,607
Net Income-$21,520
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 20, 2016
Return Version
2015v2.1
Gross Receipts
$460,851
Mission and Program Overview

Mission

The lacey rotary foundation enhances the club's ability to provide education scholarships and special civic projects for our local community. As a 501(c)(3) charitable organization, the foundation expands the club's resources to serve the community at a higher level and allows the broad community to participate. Scholarships are awarded to local graduating high school students who exemplify the rotary ideal of "service above self". Civic projects are selected by the lacey rotary club board of directors. The foundation provides a number of opportunities for community participation via trusts, planned giving, annual member contributions and grants.

Lacey rotary foundation provides educational scholarships & funding for special civics projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,632,744$1,521,260▼ $111,484
Investments in Publicly Traded Securities$1,111,344$1,311,766▲ $200,422
Land, Buildings, and Equipment, Net$400,000--
Savings and Temporary Cash Investments$81,730$121,372▲ $39,642
Cash and Non-Interest-Bearing Accounts$39,670$88,122▲ $48,452
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,632,744$1,521,260▼ $111,484
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,632,744$1,521,260▼ $111,484
Total Liabilities and Net Assets / Fund Balance$1,632,744$1,521,260▼ $111,484
Compensation and Service Providers

Board Members and Trustees

NameTitle
Heather BurgessChair
Karen EitreimVice Chair
Bruce StuweDirector
Dan WeissDirector
Del DetrayDirector
Greg CuoioDirector
John MastersonDirector
Leif HatlenDirector
Michelle LordDirector
Randy RoedellDirector
Patrick HolmSecretary
Chris HeckTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$30,073
Program Service Revenue
$0
Investment Income
$19,014
Other Revenue
$0
All Other Contributions
$30,043
Change in Net Assets
$-21,520
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$50,133
Other Expenses$20,474
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$48,783--$48,783
Fees for Services Accounting-$10,207-$10,207
Fees for Service Investment Mgmnt Fees-$5,532-$5,532
Fees for Services Legal-$2,338-$2,338
Insurance-$1,623-$1,623
Grants to Domestic Orgs$1,350--$1,350
Office Expenses-$774-$774
Total Functional Expenses$50,133$20,474$0$70,607
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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, Section B, Line 11

Form 990 was distributed to board members in conjunction with a board meeting before return was filed.

Form 990, Part VI, Section B, Line 12C

The board of directors is covered by the policy. The board has a practice that it is the responsibility of all board members to continually monitor and disclose any new or potential conflict of interest concerns on an ongoing basis. When a conflict of interest occurs, the board determines if there is a conflict of interest, reviews it, and determines if the member(s) involved should be excluded from the particular conversation or vote.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Lacey Rotary Foundation
EIN
91-1333657
Phone
3607549862
Address
PO BOX 5850, LACEY, WA 98509-5850

Signing Officer

Name
Heather Burgess
Title
Chair
Phone
3607423500
Signed
2016-07-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather Burgess
Formed
1985
Legal Domicile
Wa
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
13

Preparer

Firm
Clark Nuber Ps
Address
10900 NE 4TH STREET SUITE 1700, BELLEVUE, WA 98004
Preparer
Jennifer Becker Harris
Phone
4254544919
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 6:

There are twelve volunteer voting board members, and one non-voting volunteer board member, a representative from the rotary club of lacey.

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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0112016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt030778
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt024714
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt024617
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt045517
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt026927
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0152553
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt021
IRS990ScheduleA/OtherIncome170Grp/TotalAmt021
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.42340
IRS990ScheduleA/PublicSupportPY170Pct00.39800
IRS990ScheduleA/PublicSupportTotal170Amt0112016
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt030073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04333
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010425
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt039030
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt028155
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0112016
IRS990ScheduleA/TotalSupportAmt0264590
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
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt048783
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS ARE PAID TO THE COLLEGE OR UNIVERSITY WHEN PROOF OF ENROLLMENT IS RECEIVED DIRECTLY FROM THE INSTITUTION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE TWELVE VOLUNTEER VOTING BOARD MEMBERS, AND ONE NON-VOTING VOLUNTEER BOARD MEMBER, A REPRESENTATIVE FROM THE ROTARY CLUB OF LACEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WAS DISTRIBUTED TO BOARD MEMBERS IN CONJUNCTION WITH A BOARD MEETING BEFORE RETURN WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS COVERED BY THE POLICY. THE BOARD HAS A PRACTICE THAT IT IS THE RESPONSIBILITY OF ALL BOARD MEMBERS TO CONTINUALLY MONITOR AND DISCLOSE ANY NEW OR POTENTIAL CONFLICT OF INTEREST CONCERNS ON AN ONGOING BASIS. WHEN A CONFLICT OF INTEREST OCCURS, THE BOARD DETERMINES IF THERE IS A CONFLICT OF INTEREST, REVIEWS IT, AND DETERMINES IF THE MEMBER(S) INVOLVED SHOULD BE EXCLUDED FROM THE PARTICULAR CONVERSATION OR VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 6:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ROTARY CLUB OF LACEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237149944
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 3301
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LACEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd098509
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01632744
IRS990/TotalAssetsEOYAmt01521260
IRS990/TotalAssetsGrp/BOYAmt01632744
IRS990/TotalAssetsGrp/EOYAmt01521260
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt030073
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt050133
IRS990/TotalFunctionalExpensesGrp/TotalAmt070607
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01632744
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01521260
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt050133
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt019014
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt049087
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01632744
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01521260
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 5850
IRS990/USAddress/CityNm0LACEY
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd0985095850
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HEATHER BURGESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum03607423500
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LACEY ROTARY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LACE
ReturnHeader/Filer/EIN0911333657

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.13$0.19$1.94$0.17$0.11$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.19$1.60$0.13$0.12$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.15$2.08$0.28$0.15$0.13
2020Summary only. Only limited summary data is available for this year.$1.96$0.10$1.87$0.07$0.05$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.13$1.69$0.05$0.10$0.05
2018Summary only. Only limited summary data is available for this year.$1.54$0.11$1.43$0.13$0.10$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.13$1.56$0.12$0.10$0.02
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.12$1.44$0.03$0.09$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.05$0.07$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$0.43$0.08$0.35
2013Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.10$0.06$0.05
2012Summary only. Only limited summary data is available for this year.$1.04$0.00$1.04$0.03$0.05$0.02
2011Summary only. Only limited summary data is available for this year.$0.96$0.00$0.96$0.05$0.06$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $1M-$5M nonprofits