VENICE NOKOMIS ROTARY FOUNDATION INC

EIN: 650211976 501(c)(3) Education

VENICE, FL

Total Revenue
$193,584
Total Expenses
$138,767
Total Assets
$304,784
Net Assets
$301,283
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1990
Phone
9418002424
Tax Period
2022-01-01 to 2022-12-31

VENICE NOKOMIS ROTARY FOUNDATION INC, founded in 1990, is a small nonprofit in the Education sector that reported $194K in total revenue in fiscal year 2022. The organization ran a surplus of $55K, a strong 28% operating margin.

Mission

Provide educational, vocational, rehabilitation opportunities for the youth of South Sarasota acounty, Florida and any other deserving persons of South Sarasota County, Florida.

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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 $113,064
Program Service Revenue $0
Investment Income $7,083
Other Revenue $73,437
TOTAL REVENUE $193,584

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $137,516
Other Expenses $138,767
TOTAL EXPENSES $138,767

Year-over-Year Comparison

2022 2021 Change
Revenue $193,584 N/A N/A
Expenses $138,767 N/A N/A
Net Income $54,817 N/A N/A
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
7
Independent Members
N/A
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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susan Hanks President 0.00
Director
$0 $0 $0
DAVID PANKIW PRES ELECT 0.00
Director
$0 $0 $0
RICH CIMO Treasurer 0.00
Director
$0 $0 $0
JULIE STALNAKER Secretary 0.00
Director
$0 $0 $0
TOM FITCH Director 0.00
Director
$0 $0 $0
MARK MURRAY Director 0.00
Director
$0 $0 $0
BARBARA FREEMAN Director 0.00
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
2022 $193,584 $138,767 $304,784 $54,817
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