ROTARY CLUB OF MT PLEASANT

EIN: 570650233 501(c)(3) Community Improvement

MT PLEASANT, SC

Total Revenue
$167,695
Total Expenses
$164,356
Total Assets
$105,833
Net Assets
$105,833
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
SC
Principal Officer
KEN TALLMADGE
Phone
8434446064
Tax Period
2022-07-01 to 2023-06-30

ROTARY CLUB OF MT PLEASANT, founded in 1977, is a small nonprofit in the Community Improvement sector that reported $168K in total revenue in fiscal year 2022. Revenue surged 43% from the prior year, signaling strong growth momentum.

Mission

BASED ON THE OBJECT OF ROTARY, THE AVENUES OF SERVICE ARE ROTARY'S PHILOSOPHICAL CORNERSTONE AND THE FOUNDATION ON WHICH CLUB ACTIVITY IS BASED: 1)CLUB SERVICE FOCUSES ON STRENGTHENING FELLOWSHIP AND ENSURING THE EFFECTIVE FUNCTIONING OF THE CLUB. 2)VOCATIONAL SERVICE ENCOURAGES ROTARIANS TO SERVE OTHERS THROUGH THEIR VOCATIONS AND TO PRACTICE HIGH ETHICAL STANDARDS. 3)COMMUNITY SERVICE COVERS THE PROJECTS AND ACTIVITIES THE CLUB UNDERTAKES TO IMPROVE LIFE IN ITS COMMUNITY. 4)INTERNATIONAL SERVICE ENCOMPASSES ACTIONS TAKEN TO EXPAND ROTARY'S HUMANITARIAN REACH AROUND THE GLOBE AND TO PROMOTE WORLD UNDERSTANDING AND PEACE. 5)YOUTH SERVICE ACKNOWLEDGES THE POSITIVE CHANGE IMPLEMENTED BY YOUTH AND YOUNG ADULTS INVOLVED IN LEADERSHIP DEVELOPMENT ACTIVITIES, COMMMUNITY AND INTERNATIONAL SERVICE, AND EXCHANGE PROGRAMS THAT ENRICH AND FOSTER WORLD PEACE AND CULTURAL UNDERSTANDING.

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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 $97,242
Program Service Revenue $31,248
Investment Income $113
Other Revenue $39,092
TOTAL REVENUE $167,695

Expense Breakdown

Grants Paid $70,218
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $79,781
Other Expenses $94,138
TOTAL EXPENSES $164,356

Year-over-Year Comparison

2022 2021 Change
Revenue $167,695 $117,503 +0.4%
Expenses $164,356 $114,190 +0.4%
Net Income $3,339 $3,313 +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
16
Independent Members
16
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
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHERINE JENKINS PLAIR BOARD MEMBER 0.00
Director
$0 $0 $0
ANDREA ULMER BOARD MEMBER 0.00
Director
$0 $0 $0
BUENA VISTA MESSERVY BOARD MEMBER 0.00
Director
$0 $0 $0
JASON RAY MCCROSKEY BOARD MEMBER 0.00
Director
$0 $0 $0
CLINTON DUNN BOARD MEMBER 0.00
Director
$0 $0 $0
PLATTE BOYD MORNING III BOARD MEMBER 0.00
Director
$0 $0 $0
LOU MELLO BOARD MEMBER 0.00
Director
$0 $0 $0
BETH SHERR BOARD MEMBER 0.00
Director
$0 $0 $0
JUDITH L EWING BOARD MEMBER 0.00
Director
$0 $0 $0
ANDREW R MCGLAUGHON BOARD MEMBER 0.00
Director
$0 $0 $0
BRIAN BALL BOARD MEMBER 0.00
Director
$0 $0 $0
AL FLOYD BOARD MEMBER 0.00
Director
$0 $0 $0
PATRRICK J O'BRIEN PRESIDENT 0.00
Officer Director
$0 $0 $0
JAMES LEWIS LEE PRESIDENT-ELECT 0.00
Officer Director
$0 $0 $0
KENNETH ROGER TALLMADE JR TREASURER 0.00
Officer Director
$0 $0 $0
DAVID P KENT SECRETARY 0.00
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
2023 $167,695 $164,356 $105,833 $3,339
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