philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Paramus Rotary Foundation INC

Tax-deductible

Paramus, NJ501(c)(3)EducationEIN 22-3079242

Granting of scholarships

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 60 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $21K a year · 31% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
173 mo
of spending, in cash
Looks good: 173.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $40
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$30K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$47K
+2% vs prior year
Spent
$39K
To programs
92%
Net assets
$533K
By yearFY2021–FY2025
Revenue
$47K
FY2025▲ +2%
Revenue by fiscal year
FY2021$78K
FY2022$134K
FY2023$32K
FY2024$46K
FY2025$47K
Expenses
$39K
FY2025▲ +3%
Expenses by fiscal year
FY2021$56K
FY2022$58K
FY2023$42K
FY2024$38K
FY2025$39K
Net assets
$533K
FY2025▲ +1%
Net assets by fiscal year
FY2021$450K
FY2022$527K
FY2023$517K
FY2024$525K
FY2025$533K

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $36K Management & general 8% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Dawn Feorenzo
Secretary
$0Pt VII · Sec A
Raymond R Hough
Asst. Treasu
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Paramus Rotary Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Paramus Rotary Foundation INC is an education nonprofit based in Paramus, NJ.

Provided by the organization

This section is blank until Paramus Rotary Foundation INC claims this page.

Know this organization? Claim it to add your story

3 program services account for $36K of program spending, described in the organization's own filed words · FY2024.
01

Scholarships awarded to local area high school & college students.

$30Kprogram expense
02

Providing life saving open heart surgery to children from third world nations.

$6Kprogram expense
03

Providing diagnostic heart scans to students entering freshman year at local high schools.

Pt IX · col B

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Amazonsmile FoundationFY2023$40
Total grants receivedfrom 1 funder$40
Grants paid · 12 grants · $219K · 2020–2024
Unitemized GrantFY2024$30,000
Unitemized GrantFY2024$5,919
Unitemized GrantFY2023$30,000
Unitemized GrantFY2023$3,500
Unitemized GrantFY2023$1,636
Unitemized GrantFY2022$30,000
Unitemized GrantFY2022$6,650
Unitemized GrantFY2021$30,000
Unitemized GrantFY2021$15,000
Unitemized GrantFY2021$11,000
Unitemized GrantFY2020$30,000
Unitemized GrantFY2020$24,865

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$47K
Ln 12
Investment incomeLn 3$25K
Gifts and grantsLn 1h$22K
Money outPt IX
$39K
Ln 25
Programscol B$36K
Managementcol C$3K
Owns and owesPt X
$533K
net assets · Ln 32
Cash and savingsLn 1–2$563K
Total assetsLn 16$563K
LiabilitiesLn 26$30K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$22K
Investment incomeLn 3$25K
Total revenueLn 12$47K
Assets in detailPt X, end of year
SavingsLn 2$563K
Cash and savings togetherLn 1–2$563K
Total assetsLn 16$563K
LiabilitiesLn 26$30K
Net assetsLn 32$533K
OperationsPt I, VI
EmployeesI 50
VolunteersI 660
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$555K$563K
Total assetsLn 16$555K$563K
LiabilitiesLn 26$30K$30K
Net assetsLn 32$525K$533K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$36K$36K
Other expenses (24a–d)Ln 24$3K$3K
Total functional expensesLn 25$39K$36K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $47K$39K$8K$533K 990 PDF
FY2024 $46K$38K$8K$525K 990 PDF
FY2023 $32K$42K−$10K$517K 990 PDF
FY2022 $134K$58K$76K$527K 990 PDF
FY2021 $78K$56K$22K$450K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $46,657 across 4 lines filed
VIII-1f All other contributions, gifts and grants$21,767
VIII-1h Total contributions, gifts and grants$21,767
VIII-3 Investment incomeExcluded from tax $24,890$24,890
VIII-12 Total revenueExcluded from tax $24,890$46,657
Part IX · Statement of functional expenses $38,979 across 2 lines filed
IX-2 Grants to domestic individualsPrograms $35,919$35,919
IX-24 Other expenses (24a–d)Management $3,060$3,060
IX-25 Total functional expensesPrograms $35,919 · Management $3,060 · Fundraising $0$38,979
Part X · Balance sheet $562,578 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $554,900$562,578
X-16 Total assetsStart of year $554,900$562,578
X-18 Grants payableStart of year $30,000$30,000
X-26 Total liabilitiesStart of year $30,000$30,000
X-32 Total net assets or fund balancesStart of year $524,900$532,578
X-33 Total liabilities and net assetsStart of year $554,900$562,578
Part XI · Reconciliation of net assets $532,578 net assets at year end
XI-1 Total revenue$46,657
XI-2 Total expenses$38,979
XI-3 Revenue less expenses$7,678
XI-4 Net assets at start of year$524,900
XI-10 Net assets at end of year$532,578

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.