Rotary Club Of La Quinta Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 330619612 ✦ La quinta, CA ✦ Designated as a 501(c)(3)

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Overview

What is Rotary Club Of La Quinta Foundation?

The Rotary Club of La Quinta Foundation is a charitable organization that dedicates its efforts to raising funds for local non-profit organizations and schools situated in underprivileged areas. Their mission extends beyond financial aid, as they also provide college scholarships to deserving students from disadvantaged backgrounds. Through their underprivileged scholarship programs, they aim to uplift and empower the next generation of leaders. The foundation's activities are centered around supporting local communities and fostering educational opportunities, thereby contributing positively to society.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

The Rotary Club of La Quinta Foundation has received a 73% rating from Charity Navigator, indicating a Two-Star rating. This score reflects a strong focus on accountability and finance, with all metrics being derived from this single category. The foundation excels in having a fully independent board and shows no material diversion of assets, which is a positive indicator of its governance.

The organization demonstrates a strong commitment to its programs, with a program expense ratio of nearly 87%. This suggests that the vast majority of its expenditures are directed towards fulfilling its mission. Additionally, the foundation maintains a significant liability to assets ratio of 0.00%, further underscoring its financial stability.

However, while the foundation scores well in various accountability measures, the overall score remains relatively low compared to higher-rated organizations. This rating implies there may be areas for improvement in transparency or operational effectiveness beyond financial metrics.


This AI summary has been generated from information found on Charity Navigator.

Is Rotary Club Of La Quinta Foundation legitimate?

Rotary Club Of La Quinta Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of La Quinta Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Rotary Club Of La Quinta Foundation?

The Rotary Club of La Quinta Foundation's mission is centered around fundraising efforts. Their primary goal is to support local non-profit organizations and schools situated in underprivileged areas. Additionally, they provide financial aid in the form of college scholarships to deserving individuals. The foundation carries out these objectives through various programs, including those specifically designed for underprivileged students.

Who is the CEO of Rotary Club Of La Quinta Foundation?

Robert Wilkinson is the Board Member of Rotary Club Of La Quinta Foundation.

What is the revenue of Rotary Club Of La Quinta Foundation?

Rotary Club Of La Quinta Foundation's revenue in 2022 was $11,481.

Who are the executives of Rotary Club Of La Quinta Foundation and what are their salaries?


Here are 5 key members and their salaries:


Denn Denning (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Underwood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Stewart (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Cathcart (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Turner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rotary Club Of La Quinta Foundation?

Rotary Club Of La Quinta Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rotary Club Of La Quinta Foundation

The Rotary Club of La Quinta Foundation is committed to raising funds to aid local non-profits and schools situated in underprivileged areas. This mission extends beyond financial support, as the foundation also offers college scholarships to deserving individuals. Through their underprivileged scholarship programs, the Rotary Club of La Quinta Foundation seeks to empower the next generation by providing them with the necessary educational resources. The organization's activities are geared towards uplifting communities in need, fostering a sense of unity and opportunity for growth.

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Impact




August, 2024

The Rotary Club Of La Quinta Foundation's impact is significant in the community. They raise funds to support local non-profits and schools in underprivileged areas, as well as provide college scholarships. This organization plays a crucial role in improving the lives of individuals in need and fostering educational opportunities for underprivileged students. Their commitment to community improvement is evident through their programs that focus on supporting those who require assistance the most.




This information is meant to be a general summary of Rotary Club Of La Quinta Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$11,481 (2022)
Expenses
$960 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,231
  • Gross Receipts: $11,481

Assets and Liabilities:

  • Total Assets: $205,605
  • Total Liabilities: $0
  • Net Assets: $205,605

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Organization Details

Founding Year

1994

Principal Officer

Robert Wilkinson

Main Address

P O BOX 5431, LA QUINTA, CA, 92253

NTEE Category

Code: S80 - Community improvement

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