TOLEDO ROTARY CLUB FOUNDATION

EIN: 341934738 501(c)(3) Philanthropy & Grantmaking

TOLEDO, OH

Total Revenue
$96,467
Total Expenses
$44,358
Total Assets
$924,613
Net Assets
$924,613
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
OH
Principal Officer
JACI BUGAJ
Phone
4192417060
Tax Period
2024-07-01 to 2025-06-30

TOLEDO ROTARY CLUB FOUNDATION, founded in 2001, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $96K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $52K, a strong 54% operating margin.

Mission

TO PROMOTE THE DELIVERY OF HEALTH, SOCIAL & EDUCATIONAL SERVICES FOR YOUTH, THE ELDERLY, THE DISABLED & OTHER DISADVANTAGED CITIZENS RESIDING IN LUCAS COUNTY, OHIO AND THROUGHOUT THE WORLD; TO PROMOTE SOCIAL & ECONOMIC DEVELOPMENT, PEACE & UNDERSTANDING THROUGHOUT THE WORLD

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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 $120,150
Program Service Revenue $0
Investment Income $0
Other Revenue $-23,683
TOTAL REVENUE $96,467

Expense Breakdown

Grants Paid $3,750
Salaries & Benefits $0
Fundraising Expenses $2,246
Program Expenses $16,066
Other Expenses $40,608
TOTAL EXPENSES $44,358

Year-over-Year Comparison

2024 2023 Change
Revenue $96,467 $85,293 +0.1%
Expenses $44,358 $105,861 -0.6%
Net Income $52,109 $-20,568 -3.5%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
250

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
5
$75,510
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES LAYMAN CHAIRMAN 5.00
Officer Director
$0 $0 $0
MICHAEL MCINTYRE VICE CHAIR 1.00
Officer Director
$0 $0 $0
RICHARD WOLFF SECRETARY-TREASURER 1.00
Officer Director
$0 $0 $0
JAMES BAEHREN TRUSTEE 1.00
Director
$0 $0 $0
ALEXANDER DUE TRUSTEE 1.00
Director
$0 $0 $0
BRIAN KENNEDY TRUSTEE 1.00
Director
$0 $0 $0
DEAN NIESE TRUSTEE 1.00
Director
$0 $0 $0
CHERYL SEARS TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH TAFELSKI TRUSTEE 1.00
Director
$0 $0 $0
BRENT COUSINO TRUSTEE THRU 7/24 1.00
Director
$0 $0 $0
JACI BUGAJ EXECUTIVE DIRECTOR 5.00
Officer
$0 $2,185 $75,510
CHRISTINE SHULTZ INTERIM EXECUTIVE DIR. DURING 1/25 5.00
Officer
$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 $96,467 $44,358 $924,613 $52,109
2024 No data No data No data No data
2023 $37,120 $36,819 $754,565 $301
2022 $33,452 $29,452 $711,021 $4,000
2021 $129,466 $134,021 $854,094 $-4,555
2020 $145,417 $215,221 $682,731 $-69,804
2019 $188,483 $257,171 $783,702 $-68,688
2018 $363,057 $223,936 $848,948 $139,121
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