Rotary Club of Black Mountain Foundation Inc

EIN: 451736122 501(c)(3)

Black Mountain, NC

Total Revenue
$124,427
Total Expenses
$120,979
Total Assets
$162,228
Net Assets
$162,228
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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NC
Tax Period
2019-07-01 to 2020-06-30

Rotary Club of Black Mountain Foundation Inc, founded in 2011, is a small nonprofit that reported $124K in total revenue in fiscal year 2019.

Mission

To support Swannanoa Valley in areas of education, homelessness and food insecurity

Program Service Accomplishments

Program 1
Expenses: $89,375

3.College Scholarship The Black Mountain Rotary Club Foundation annually provide scholarships to deserving students at Warren Wilson High School and the Community High School who are headed to...

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3.College Scholarship The Black Mountain Rotary Club Foundation annually provide scholarships to deserving students at Warren Wilson High School and the Community High School who are headed to college. Once accepted and registered for fall classes the college or university of the students choice notifies The Club of the students enrollment. A check is then mailed to that university or college.4. Support of local ELHI with backpacks filled with school supplies5. Funding local headstart child care centers new facility6. International student exchange program

Program 2
Expenses: $30,602

1.Guatemala - Working in conjunction with Safe Passage, a US Registered 501 (C) (3) organization, in their efforts to implement Expeditionary Learning in the community of the Guatemala City garbage...

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1.Guatemala - Working in conjunction with Safe Passage, a US Registered 501 (C) (3) organization, in their efforts to implement Expeditionary Learning in the community of the Guatemala City garbage dump the Black Mountain Rotary Club is developing and implementing a interchange of teachers from the Safe Passage School in Guatemala with two different schools in Buncombe County, over a two year period. This will involve the travel of teachers to visit each others site and to set up an electronic classroom, where students will participate in learning about each other, and specific courses. 2.Dolly Parton Imagination Library In an effort to promote emergent literacy skills the Black Mountain Rotary has partnered with the Dollywood Foundation to provide age-appropriate books to registered children birth to age five monthly in zip codes 28711 and 28778.

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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 (2019)

Revenue Breakdown

Contributions & Grants $121,806
Program Service Revenue $0
Investment Income $2,621
Other Revenue $0
TOTAL REVENUE $124,427

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $119,977
Other Expenses $120,979
TOTAL EXPENSES $120,979

Year-over-Year Comparison

2019 2018 Change
Revenue $124,427 $119,977 +0.0%
Expenses $120,979 $107,918 +0.1%
Net Income $3,448 $12,059 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
20

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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Brown Treasurer 1.00
Officer Director
$0 $0 $0
Roger Kumpf Past President 0.50
Director
$0 $0 $0
James Guffey President 0.50
Officer Director
$0 $0 $0
Susan Denne President Elect 0.50
Officer Director
$0 $0 $0
Susan Murty Board Member 0.50
Director
$0 $0 $0
James Aydelotte Secretary 0.50
Officer Director
$0 $0 $0
David Queen Board Member 0.50
Director
$0 $0 $0
Eileen Shea Board Member 0.50
Director
$0 $0 $0
James Hobson Jr Board Member 0.50
Director
$0 $0 $0
M Powell Winstead Board Member 0.50
Director
$0 $0 $0
Barbara Hilty Chairperson 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
2020 $124,427 $120,979 $162,228 $3,448
2019 $119,977 $107,918 $161,516 $12,059
2018 $214,743 $186,979 $148,872 $27,764
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