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Rotary Club Of Emerald City Foundation

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

EIN: 911376207 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Rotary Club Of Emerald City Foundation?

The Rotary Club of Emerald City Foundation is a philanthropic organization situated in Seattle, Washington. With a focus on charitable work, its primary mission is to support the educational needs of young people. This assistance comes in various forms, including funding for programs and providing scholarships to individuals. The foundation's activities are geared towards enhancing the educational opportunities and prospects of young people in the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Overall, the Rotary Club of Emerald City Foundation received a Two-Star out of Four Star rating with a score of 73%. This rating indicates that while the organization has some strengths, it has significant areas needing improvement, particularly in accountability and transparency.

The foundation showcases a strong commitment to independent governance, with a perfect score in the majority of independent board members and board size, as well as having no material diversion of assets. Additionally, an impressive program expense ratio of 95.03% indicates that most funds are directed towards its programs, which is a positive sign for potential donors.

However, the organization has several shortcomings in its transparency practices, having missing policies such as conflict of interest, whistleblower, and document retention. Furthermore, the absence of its website on tax forms and the failure to post key documents online reflect a need for better adherence to best practices in nonprofit governance. Addressing these issues could enhance its accountability and improve donor confidence.


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

Is Rotary Club Of Emerald City Foundation legitimate?

Rotary Club Of Emerald City Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Emerald City 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 Emerald City Foundation?

The Rotary Club of Emerald City Foundation is a charitable entity dedicated to aiding the educational needs of young people. Its mission is to provide financial assistance to programs that primarily cater to the education sector, as well as offer scholarships to individual students. The organization aims to contribute to the educational development and future prospects of young people, thereby empowering them for a better future.

Who is the CEO of Rotary Club Of Emerald City Foundation?

Shari Storm is the President of Rotary Club Of Emerald City Foundation.

What is the revenue of Rotary Club Of Emerald City Foundation?

Rotary Club Of Emerald City Foundation's revenue in 2023 was $78,694.

Who are the executives of Rotary Club Of Emerald City Foundation and what are their salaries?

There 30 volunteers at Rotary Club Of Emerald City Foundation.


Here are 11 key members and their salaries:


David Luong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Niranjan Malla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Storey (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Montgomery (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Go (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guvenc Degirmenci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Poole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Coram (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shari Storm (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Kinner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rotary Club Of Emerald City Foundation?

Rotary Club Of Emerald City Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Rotary Club Of Emerald City Foundation

The Rotary Club of Emerald City Foundation is a charitable organization with a mission focused on assisting the educational needs of young people. This foundation is committed to providing support to various programs that primarily serve the education sector, aiming to empower and uplift the youth. Beyond this, the foundation also offers scholarships to individual students, furthering their educational pursuits and providing them with opportunities for growth and development. By investing in the education of young people, the Rotary Club of Emerald City Foundation is contributing to a brighter future, fostering knowledge and equipping the next generation with the tools they need to succeed.

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Impact




August, 2024

The Rotary Club Of Emerald City Foundation has a significant impact on the educational needs of young people in Seattle, Washington. Through its grants to various programs and scholarships for individuals, the Foundation plays a crucial role in supporting initiatives that aim to improve education and opportunities for youth in the community. By focusing on community improvement and educational support, the Rotary Club Of Emerald City Foundation helps empower young people to achieve their full potential and contribute positively to society.




This information is meant to be a general summary of Rotary Club Of Emerald City 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
$78,694 (2023)
Expenses
$115,150 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $38,237
  • Gross Receipts: $141,930

Assets and Liabilities:

  • Total Assets: $803,206
  • Total Liabilities: $0
  • Net Assets: $803,206

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Organization Details

Founding Year

1986

Principal Officer

Shari Storm

Main Address

PO Box 21943, Seattle, WA, 98111

NTEE Category

Code: S82Z - Community improvement

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