PEEKSKILL ROTARY CLUB FOUNDATION

EIN: 262718551 501(c)(3) Philanthropy & Grantmaking

PEEKSKILL, NY

Total Revenue
$141,478
Total Expenses
$153,075
Total Assets
$557,010
Net Assets
$557,010
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NY
Principal Officer
JOSEPH LIPPOLIS
Phone
9147373333
Tax Period
2024-07-01 to 2025-06-30

PEEKSKILL ROTARY CLUB FOUNDATION, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $141K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Net assets of $557K represent 47 months of operating reserves.

Mission

THE PEEKSKILL ROTARY FOUNDATION ACTS IN ACCORD WITH THE GOALS OF THE ROTARYFOUNDATION OF ROTARY INTERNATIONAL; TO WORK TO FURTHER INTERNATIONAL PEACEAND UNDERSTANDING; TO REACH OUT TO MEN AND WOMEN WITHIN THE AREA OF OURCLUB TO ENGAGE THEIR INTEREST AND PARTICIPATION IN OUTREACH PROGRAMS TO SERVE OTHERS IN GREAT NEED IN WHATEVER PARTS OF THE WORLD THAT NEED ARISES; TO SOLICIT AND RECEIVE FUNDS FOR THE SUPPORT OF PROJECTS IN SUCH AREAS AS HEALTH, THE RELIEF OF HUNGER, THE BETTERMENT OF COMMUNITY FACILITIES, DISASTER RELIEF, SUPPORT OF EDUCATIONAL PROGRAMS INCLUDING SCHOLARSHIPS, THE CONSTRUCTION OF EDUCATIONAL FACILITIES, THE EXCHANGE OF STUDENTS, AND SENDING QUALIFIED PEOPLE AS ADVISORS TO DEVELOPING AREAS AROUND THE WORLD. THE MAJORITY OF FUNDS RAISED BY THE FOUNDATION ARE FROM THE ANNUAL HORSE SHOW.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,414
Program Service Revenue $122,125
Investment Income $14,939
Other Revenue $0
TOTAL REVENUE $141,478

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $151,037
Other Expenses $138,075
TOTAL EXPENSES $153,075

Year-over-Year Comparison

2024 2023 Change
Revenue $141,478 $161,583 -0.1%
Expenses $153,075 $148,016 +0.0%
Net Income $-11,597 $13,567 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA MURPHY SECRETARY 1.00
Officer Director
$0 $0 $0
MARY FOSTER PRESIDENT 1.00
Officer Director
$0 $0 $0
JOSEPH LIPPOLIS TREASURER 1.00
Officer Director
$0 $0 $0
DON RIZZO VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DEAN DIPIERRO DIRECTOR 1.00
Officer Director
$0 $0 $0
RICHARD SWANN DIRECTOR 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $141,478 $153,075 $557,010 $-11,597
2024 $161,583 $148,016 $571,706 $13,567
2023 $159,907 $149,325 $528,907 $10,582
2022 $144,454 $88,272 $518,027 $56,182
2021 $167,874 $130,234 $482,553 $37,640
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