ROTARY INTERNATIONAL Rotary Club of Marion NC

EIN: 566052704

Marion, NC

Total Revenue
$125,883
Total Expenses
$60,995
Total Assets
$91,633
Net Assets
$91,633
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
NC
Principal Officer
Richard Berlick
Phone
8288038255
Tax Period
2022-07-01 to 2023-06-30

ROTARY INTERNATIONAL Rotary Club of Marion NC, founded in 1937, is a small nonprofit that reported $126K in total revenue in fiscal year 2022. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $65K, a strong 52% operating margin.

Mission

Service Above Self is the mission of the Rotary Club of Marion. The club demonstrates this ethic by actively engaging members in community projects and endeavors that do good both locally and abroad. Established in 1939 club members have contributed significantly to the well being of the city and county by raising funds annually to distribute for worthy projects whose contributions to our community exceed expectations. The Rotary Club of Marion endeavors to fill gaps in funding by recognizing small projects and their impact within our community. The club is also committed to youth development and international support of water and wheel chair projects in developing countries.

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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 (2022)

Revenue Breakdown

Contributions & Grants $101,613
Program Service Revenue $0
Investment Income $7,587
Other Revenue $16,683
TOTAL REVENUE $125,883

Expense Breakdown

Grants Paid $12,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $38,826
Other Expenses $48,995
TOTAL EXPENSES $60,995

Year-over-Year Comparison

2022 2021 Change
Revenue $125,883 $78,911 +0.6%
Expenses $60,995 $13,822 +3.4%
Net Income $64,888 $65,089 0.0%
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
13
Independent Members
N/A
Employees
N/A
Volunteers
77

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Janet Spake Director 2
Director
$0 $0 $0
Steve Pierce Director 1
Director
$0 $0 $0
Elizabeth House Director 2
Director
$0 $0 $0
Alex Portelli Director 2
Director
$0 $0 $0
Mike Conley Director 1
Director
$0 $0 $0
Brian Wilson Director 0
Director
$0 $0 $0
Steve Hunter Director 2
Director
$0 $0 $0
Arthur Parks Director 2
Director
$0 $0 $0
Richard Berlick President 2
Officer
$0 $0 $0
Chip Cross President, Nominee 2
Officer
$0 $0 $0
Nancy Spencer Secretary 2
Officer
$0 $0 $0
Catherine Cosgrove Treasurer 2
Officer
$0 $0 $0
Brandi Behlke Immediate Past President 1
$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
2023 $125,883 $60,995 $91,633 $64,888
2019 $66,621 $66,621 $186,434 No data
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