Rotary Club of Carlsbad

EIN: 956095738

Carlsbad, CA

Total Revenue
$202,360
Total Expenses
$160,873
Total Assets
$116,644
Net Assets
$116,644
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
CA
Tax Period
2023-07-01 to 2024-06-30

Rotary Club of Carlsbad, founded in 1966, is a small nonprofit that reported $202K in total revenue in fiscal year 2023. The organization ran a surplus of $41K, a strong 21% operating margin.

Mission

UNDER SEC. 501(C)(4):The object of Rotary is to encourage and foster the ideal of service as a basis of worthy enterprise and, in particular, to encourage and foster;First. The development of acquaintance as an opportunity for service;Second. High ethical standards in businesses and professions; recognition of the worthiness of all useful occupations; and the dignifying by each Rotarian if his occupation as an opportunity to serve society;Third. The application of the ideal of service by every Rotarian to his personal, business and community life;Fourth. The advancement of international understanding, good will, and peace through a world fellowship of business and professional men united in the ideal of service.

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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 (2023)

Revenue Breakdown

Contributions & Grants $28,472
Program Service Revenue $94,279
Investment Income $0
Other Revenue $79,609
TOTAL REVENUE $202,360

Expense Breakdown

Grants Paid $84,666
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $84,666
Other Expenses $76,207
TOTAL EXPENSES $160,873

Year-over-Year Comparison

2023 2022 Change
Revenue $202,360 $193,589 +0.0%
Expenses $160,873 $157,615 +0.0%
Net Income $41,487 $35,974 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Roy Meenes President 0.00
Officer Director
$0 $0 $0
Kelly Schafer President-Elect 0.00
Officer Director
$0 $0 $0
Brian Crumbaker Director 0.00
Director
$0 $0 $0
Sandy Silva Director 0.00
Director
$0 $0 $0
Ray Pearson Director 0.00
Director
$0 $0 $0
John Shields Director 0.00
Director
$0 $0 $0
Luke Wester Treasurer 0.00
Officer Director
$0 $0 $0
Bastel Wardak Director 0.00
Director
$0 $0 $0
Malena Bennett President 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
2024 $202,360 $160,873 $116,644 $41,487
2023 $193,589 $157,615 $75,157 $35,974
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