Culver City Rotary Community Foundation

“Prior to filing, the form 990 is reviewed and approved by members of the board of directors.”

“The organization's governing documents and financial statements are available upon request.”

“The organization's board of directors has responsibility for the oversight of the compilation of its financiial statements and selection of the independent auditor. This responsibility is unchanged from the prior year.”

“The organization is filing an amended form 990 for the year ended june 30, 2020 because its original filing was submitted before its financial statements audit had been completed. Affected form 990 line items are detailed below: form 990, page 1, box g - gross receipts: as originally filed 1,857,860 as amended 1,859,741 amount of increase 1,881 form 990, page 1, part i - summary: as originally increase/ filed as amended (decrease) ------------- ---------- ---------- ln 8 - contributions 204,059 204,060 1 ln 10 - investment inc 244,574 247,823 3,249 ln 12 - total revenue 448,633 451,883 3,250 ln 17 - other expenses 80,234 80,235 1 ln 18 - total expenses 140,101 140,102 1 ln 19 - rev less exps 308,532 311,781 3,249 ln 20 - total assets 12,486,604 12,518,892 32,288 ln 22 - net assets 12,486,604 12,518,892 32,288 form 990, page 2, part iii - stmt of program service accomplishments: as originally increase/ filed as amended (decrease) ------------- ---------- ---------- line 4c - youth service expenses 15,508 15,509 1 form 990, page 3, part iv - checklist of required schedules: as originally filed as amended ------------- ---------- ln 11f - fin 48 stmt no yes ln 12a - audited f/s no yes form 990, page 9, part viii - statement of revenue: as originally increase/ filed as amended (decrease) ------------- ---------- ---------- ln 1f - oth contributions 204,059 204,060 1 ln 1h, col a - total 204,059 204,060 1 ln 3, col a&d - invest inc 262,468 264,348 1,880 ln 7b - cost or basis 1,409,227 1,407,858 (1,369) ln 7c - gain/(loss) -17,894 -16,525 (1,369) ln 7d, col a&d - net -17,894 -16,525 (1,369) form 990, page 9, part viii - statement of revenue (continued): as originally increase/ filed as amended (decrease) ------------- ---------- ---------- ln 12 - total revenue column a 448,633 451,883 3,250 column d 244,574 247,823 3,249 form 990, page 10, part ix - statement of functional expenses: total program column a column b ------------- ------------- line 24a - other expenses, program services as originally filed 30,952 30,952 as amended 30,953 30,953 amount of increase 1 1 line 25 - total functional expenses as originally filed 140,101 90,819 as amended 140,102 90,820 amount of increase 1 1 form 990, page 11, part x - balance sheet: as originally increase/ filed as amended (decrease) ------------- ---------- ---------- ln 11, col b - invest 7,778,045 7,810,333 32,288 ln 16, col b - ttl assets 12,486,604 12,518,892 32,288 lns 27, 32 & 33, col b - net assets without donor restrictions 12,486,604 12,518,892 32,288 form 990, page 12, part xi - reconciliation of net assets: as originally increase filed as amended (decrease) ------------- ---------- ---------- ln 1 - total revenue 448,633 451,883 3,250 ln 2 - total expenses 140,101 140,102 1 ln 3 - revenue less exps 308,532 311,781 3,249 ln 5 - net unrealized 52,168 81,207 29,039 ln 10 - ending net assets 12,486,604 12,518,892 32,288 form 990, page 12, part xii - financial statements and reporting: as originally increase filed as amended (decrease) ------------- ---------- ---------- ln 2b - f/s audited no yes ln 2c - ovrsgt committee n/a yes schedule a, page 2, part ii, section a - public support: 2019 total column e column f ----------- ------------ lines 1, 4 & 7 - contributions as originally filed 204,059 847,997 as amended 204,060 847,998 amount of increase 1 1 line 8 - interest & dividends as originally filed 262,468 656,398 as amended 247,823 641,753 amount of increase (14,645) (14,645) line 11 - total supp as originally filed n/a 1,504,395 as amended n/a 1,489,751 amount of increase n/a (14,644) schedule a, page 2, part ii, section c - support percentage: line 14 - public support percentage for 2019 as originally filed 56.37% as amended 56.92% amount of increase 0.55% schedule b, page 2, part i - contributors: contributor no. 1 total contributions, column c as originally filed 204,059 as amended 203,759 amount of decrease (300) schedule d - not included with original filing schedule d, p”