Civic Intelligence

Altadena Rotary Charities

EIN 95-4600758 • 501(c)3 • Altadena, CA

Profile

Altadena Rotary Charities ("ARC") was organized as a Public Benefit Organization for 3 broadly conceived purposes. 1st, ARC was founded in order to benefit the inhabitants of Altadena & Pasadena areas of the W. San Gabriel Valley of LA County, CA. by supporting the charitable & philanthropic work of the Rotary Club of Altadena through work projects & the provision of manpower to worthy causes & events, & other charitable organizations. Additionally, ARC was organized in order to support & oversee various charitable projects outside the local area, such as the support of house building projects in Mexico, support for the organization of Jr. Achievement in areas such as the nation of Armenia, & entrepreneurial programs in Nigeria. ARC was also organized in order to carry out the various public benefit projects of Rotary International.

3567 N Glenrose AveAltadena, CA 91001

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.06x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.93x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

90th percentile

51%

Higher net margin than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

60th percentile

7.9%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

79th percentile

34%

Faster revenue growth than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,779,580

Up $202,817 (+7.9%) from 2023

Liabilities

Up

$169,050

Up $97,751 (+137%) from 2023

Net Assets

Up

$2,610,530

Up $105,066 (+4.2%) from 2023

Revenue

Up

$182,383

Up $46,546 (+34%) from 2023

Expenses

Up

$88,527

Up $14,837 (+20%) from 2023

Net Income

Up

$93,856

Up $31,709 (+51%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $1,472,475Liabilities 2011: $7,290Net Assets 2011: $1,465,1852011Assets 2012: $1,495,476Liabilities 2012: $9,409Net Assets 2012: $1,486,0672012Assets 2013: $1,677,776Liabilities 2013: $38,924Net Assets 2013: $1,638,8522013Assets 2014: $1,862,005Liabilities 2014: $37,708Net Assets 2014: $1,824,2972014Assets 2015: $1,802,199Liabilities 2015: $25,423Net Assets 2015: $1,776,7762015Assets 2016: $1,892,351Liabilities 2016: $61,318Net Assets 2016: $1,831,0332016Assets 2017: $1,924,363Liabilities 2017: $32,484Net Assets 2017: $1,891,8792017Assets 2018: $1,978,744Liabilities 2018: $23,786Net Assets 2018: $1,954,9582018Assets 2019: $2,085,331Liabilities 2019: $22,054Net Assets 2019: $2,063,2772019Assets 2020: $1,990,934Liabilities 2020: $19,059Net Assets 2020: $1,971,8752020Assets 2021: $2,394,900Liabilities 2021: $57,658Net Assets 2021: $2,337,2422021Assets 2022: $2,426,711Liabilities 2022: $58,639Net Assets 2022: $2,368,0722022Assets 2023: $2,576,763Liabilities 2023: $71,299Net Assets 2023: $2,505,4642023Assets 2024: $2,779,580Liabilities 2024: $169,050Net Assets 2024: $2,610,5302024

Highlighted filing

2024

Assets$2,779,580
Liabilities$169,050
Net Assets$2,610,530

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $71,089Expenses 2011: $66,651Net Income 2011: $4,4382011Revenue 2012: $48,438Expenses 2012: $46,973Net Income 2012: $1,4652012Revenue 2013: $47,198Expenses 2013: $38,440Net Income 2013: $8,7582013Revenue 2014: $127,288Expenses 2014: $58,839Net Income 2014: $68,4492014Revenue 2015: $75,349Expenses 2015: $76,796Net Income 2015: -$1,4472015Revenue 2016: $47,621Expenses 2016: $61,734Net Income 2016: -$14,1132016Revenue 2017: $142,052Expenses 2017: $86,682Net Income 2017: $55,3702017Revenue 2018: $77,210Expenses 2018: $68,783Net Income 2018: $8,4272018Revenue 2019: $92,540Expenses 2019: $65,020Net Income 2019: $27,5202019Revenue 2020: $112,090Expenses 2020: $66,332Net Income 2020: $45,7582020Revenue 2021: $66,646Expenses 2021: $44,888Net Income 2021: $21,7582021Revenue 2022: $569,445Expenses 2022: $77,991Net Income 2022: $491,4542022Revenue 2023: $135,837Expenses 2023: $73,690Net Income 2023: $62,1472023Revenue 2024: $182,383Expenses 2024: $88,527Net Income 2024: $93,8562024

Highlighted filing

2024

Revenue$182,383
Expenses$88,527
Net Income$93,856

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.78$0.17$2.61$0.18$0.09$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.58$0.07$2.51$0.14$0.07$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.43$0.06$2.37$0.57$0.08$0.49
2021Detailed filing. Detailed filing data is available for this year.$2.39$0.06$2.34$0.07$0.04$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.99$0.02$1.97$0.11$0.07$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.09$0.02$2.06$0.09$0.07$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.98$0.02$1.95$0.08$0.07$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.92$0.03$1.89$0.14$0.09$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.89$0.06$1.83$0.05$0.06$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.80$0.03$1.78$0.08$0.08$0.00
2014Summary only. Only limited summary data is available for this year.$1.86$0.04$1.82$0.13$0.06$0.07
2013Summary only. Only limited summary data is available for this year.$1.68$0.04$1.64$0.05$0.04$0.01
2012Summary only. Only limited summary data is available for this year.$1.50$0.01$1.49$0.05$0.05$0.00
2011Summary only. Only limited summary data is available for this year.$1.47$0.01$1.47$0.07$0.07$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 16, 2024
Return Version
2023v5.1
Gross Receipts
$1,055,540
Mission and Program Overview

Mission

Altadena rotary charities ("arc") was organized as a public benefit organization for 3 broadly conceived purposes. 1st, arc was founded in order to benefit the inhabitants of the altadena & pasadena areas of the w. San gabriel valley of la county, calif. By supporting the charitable & philanthropic work of the rotary club of altadena through work projects & the provision of manpower to worthy causes & events, & other charitable organizations. Additionally, arc was organized in order to support & oversee various charitable projects ouside the local area, such as the support of house building projects in mexico, suport for the organization of jr. Achievement in areas such as the nation of armenia, & entrepreneurial programs in nigeria

Altadena Rotary Charities ("ARC") was organized as a Public Benefit Organization for 3 broadly conceived purposes. 1st, ARC was founded in order to benefit the inhabitants of Altadena & Pasadena areas of the W. San Gabriel Valley of LA County, CA. by supporting the charitable & philanthropic work of the Rotary Club of Altadena through work projects & the provision of manpower to worthy causes & events, & other charitable organizations. Additionally, ARC was organized in order to support & oversee various charitable projects outside the local area, such as the support of house building projects in Mexico, support for the organization of Jr. Achievement in areas such as the nation of Armenia, & entrepreneurial programs in Nigeria. ARC was also organized in order to carry out the various public benefit projects of Rotary International.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,495,412$2,617,152▲ $121,740
Rtn Earn Endowment Incm Other Fnds$2,475,807$2,609,225▲ $133,418
Cash and Non-Interest-Bearing Accounts$35,151$101,958▲ $66,807
Savings and Temporary Cash Investments$43,050$53,474▲ $10,424
Prepaid Expenses and Deferred Charges$805$1,587▲ $782
Cap Stk Tr Prin Current Funds$29,657$1,305▼ $28,352
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$2,576,763$2,779,580▲ $202,817
Other Assets Total$2,345$5,409▲ $3,064
Liabilities
Deferred Revenue$63,807$155,443▲ $91,636
Accounts Payable and Accrued Expenses$7,492$13,607▲ $6,115
Total Liabilities$71,299$169,050▲ $97,751
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,505,464$2,610,530▲ $105,066
Total Liabilities and Net Assets / Fund Balance$2,576,763$2,779,580▲ $202,817

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,474,974-▲ $91,616-$2,478,063
2022$2,390,812-▲ $157,852-$2,474,974
2021$2,337,242-▲ $131,562-$2,390,812
2020$1,971,875-▲ $410,255-$2,337,242
2019$2,063,277-▼ $33,457-$1,971,875
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven KerekesPresident
Doug ColliflowerDirector
Lisa RickardDirector
Mark MariscalDirector
Sterling LouviereDirector
Tom PolenzaniDirector
Craig CoxSecretary
Susan L ApplegateTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$32,594
Program Service Revenue
$0
Investment Income
$156,766
Other Revenue
$-6,977
All Other Contributions
$21,814
Change in Net Assets
$93,856
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$87,375
Other Expenses$1,152
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$87,375--$87,375
Fees for Services Accounting-$2,074-$2,074
Fees for Services Other-$75-$75
Office Expenses-$-997-$-997
Total Functional Expenses$87,375$1,152$0$88,527
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rotary Intl - Altadena RotaryAltadena, CA501(c)(3)Support for Rotary svc prog in US$73,479
Rotary FoundationEvanston, IL501(c)(3)Support for Rotary svc prog in US$13,896
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,977
Professional Fundraising Fees$0
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, Section A, Line 6

Rotary Club of Altadena is the sole member of Altadena Rotary Charities.

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees with the authority to act on behalf of the Board.

Form 990, Part VI, Section B, Line 11B

Financial statements are discussed with and approved by the Board of Directors. The tax return is prepared from the information on the financial statements and the tax returns are given to the Board for review, question and approve before the President signs the return for filing.

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

Officers and trustees are required to disclose annually any interests that could give rise to conflicts.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Altadena Rotary Charities
EIN
95-4600758
Phone
6267946680
Address
3567 N Glenrose Ave, Altadena, CA 91001

Signing Officer

Name
Steven Kerekes
Title
President
Signed
2024-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Kerekes
Formed
1996
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Donald Westenhaver Jr CPA
Address
1168 Rose Avenue, Pasadena, CA 91107
Preparer
Donald Westenhaver Jr
Phone
6264855106
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

OTHER PROGRAM SERVICES 4: Rotary International - Donated funds toward Paul Harris Fund and other restricted donation expenses.

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Endowment includes funds for the promotion of Patriotic Americanism; Scholarships for JR ROTC; Additional scholarships for Muir HS & Elliot MS and scholarships for PCC Vets. The final endowment is to be used for appropriate charitable projects of the Rotary Club of Altadena and is not limited to projects benefiting the community of Altadena and its residence. Each endowment allows use of income only.

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IRS990/MissionDesc0Altadena Rotary Charities ("ARC") was organized as a Public Benefit Organization for 3 broadly conceived purposes. 1st, ARC was founded in order to benefit the inhabitants of Altadena & Pasadena areas of the W. San Gabriel Valley of LA County, CA. by supporting the charitable & philanthropic work of the Rotary Club of Altadena through work projects & the provision of manpower to worthy causes & events, & other charitable organizations. Additionally, ARC was organized in order to support & oversee various charitable projects outside the local area, such as the support of house building projects in Mexico, support for the organization of Jr. Achievement in areas such as the nation of Armenia, & entrepreneurial programs in Nigeria. ARC was also organized in order to carry out the various public benefit projects of Rotary International.
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0805
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01587
IRS990/PrincipalOfficerNm0Steven Kerekes
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IRS990/ProgSrvcAccomActy2Grp/Desc0Rotary International - Donated funds toward Paul Harris Fund and other restricted donation expenses.
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt013896
IRS990/ProgSrvcAccomActy3Grp/Desc0Vocational Service - Donated funds for scholarships to outstanding junior college students, for Middle School & High School student leadership training, for programs supporting High School youth in the areas of communication, music & entrepreneurship. Scholarship recipients are selected by their respective school or educational institutions.
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt053474
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IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The organization holds title to and manages endowment funds, the income from which is used to fund the supporting organizations.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section E, Line 2a: Identify Supported Orgs. and Explain How Activities Furthered Exempt Pu
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt080456
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt113896
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Rotary Club of Altadena in its Cha
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1Rotary Foundation
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment includes funds for the promotion of Patriotic Americanism; Scholarships for JR ROTC; Additional scholarships for Muir HS & Elliot MS and scholarships for PCC Vets. The final endowment is to be used for appropriate charitable projects of the Rotary Club of Altadena and is not limited to projects benefiting the community of Altadena and its residence. Each endowment allows use of income only.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
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IRS990ScheduleI/RecipientTable/CashGrantAmt013896
IRS990ScheduleI/RecipientTable/CashGrantAmt173479
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support for Rotary svc prog in US
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Support for Rotary svc prog in US
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Rotary Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Rotary Intl - Altadena Rotary
IRS990ScheduleI/RecipientTable/RecipientEIN0363245072
IRS990ScheduleI/RecipientTable/RecipientEIN1956085621
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01560 Sherman Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO Box 414
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Evanston
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Altadena
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060201
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd191003
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Cash
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1Cash
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Additionally, ARC was organized in order to support & oversee various charitable projects outside the local area, such as the support of house building projects in Mexico, support for the organization of Jr. Achievement in areas such as the nation of Armenia, & entrepreneurial programs in Nigeria.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1Grants to benefit the inhabitants of the Altadena & Pasadena areas of the W. San Gabriel Valley of LA County, Calif. by supporting the charitable & philanthropic work of the Rotary Club of Altadena through work projects & the provision of manpower to worthy causes & events, & other charitable organizations.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Rotary International - Donated funds toward Paul Harris Fund and other restricted donation expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Rotary Club of Altadena is the sole member of Altadena Rotary Charities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization does not have any committees with the authority to act on behalf of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Financial statements are discussed with and approved by the Board of Directors. The tax return is prepared from the information on the financial statements and the tax returns are given to the Board for review, question and approve before the President signs the return for filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Officers and trustees are required to disclose annually any interests that could give rise to conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
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