Lima Rotary Foundation FY2022 filing

Tax-deductible

Lima, OH501(c)(3)Since 1967EIN 34-6573296Revenue $293K in FY2022

On file with the IRS4511 Elida Rd, 45807-1151 · Lima, OHTax-exempt since Jun 1967Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

To make cash grants for educational, charitable, and benevolent purposes.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
$1K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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 deficit $58K a year · 18% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1K
to officers and key staff · 0.1% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $38K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 11 voting members
Looks good: 9 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$293K
-12% vs prior year
Spent
$979K
To programs
99%
Net assets
$703K
By yearFY2021–FY2025
Revenue
$293K
FY2022▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2021$334K
FY2022$293K
FY2023$351K
FY2024$339K
FY2025$290K
Expenses
$979K
FY2022▲ ×12
Tap a bar for its year
Expenses by fiscal year
FY2021$83K
FY2022$979K
FY2023$324K
FY2024$339K
FY2025$171K
Net assets
$703K
FY2022▼ -53%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.5M
FY2022$703K
FY2023$755K
FY2024$774K
FY2025$919K

From the FY2022 Form 990 (year ending June 2022) · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1967.

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

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $972K Management & general 1% · $7K

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

Something off? Claim to fix it

Who runs it and what they're paid

11 people listed on the 990; $1K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Treasurer
$563Pt VII · Sec A
$562Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Ex-Officio
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Sue Fifer$1,000———
Scott Cockerell—$375$562$750
Jared T Walsh—$375$563$750

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Lima Rotary Foundation executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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

Provides cash grants for educational, charitable, and benevolent causes.

Questions for Lima Rotary Foundation

Tap to ask. Lima Rotary Foundation sees how many people are interested.

Your first name shows with your question. Lima Rotary Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $972K · in their own filed words · FY2021
01

No services are provided. The lima rotary foundation makes cash grants for educationa, charitable, and benevolent purposes.

$972Kprogram expense

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 · FY2024
Total grants receivedfrom 2 funders$38K
Grants paid · 13 grants · $945K · 2020–2024
City of LimaFY2024$100,000
Unitemized GrantFY2024$35,500
Trinity United MethodistFY2024$6,400
City of LimaFY2023$273,393
Unitemized GrantFY2023$36,435
City of LimaFY2022$206,037
Unitemized GrantFY2022$52,900
Rotary InternationalFY2022$21,000
City of LimaFY2021$124,310
Unitemized GrantFY2021$36,750
Unitemized GrantFY2020$35,000
MesaFY2020$10,000
Marimor Legacy FoundationOH · FY2020$7,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$293K
Ln 12
Gifts and grantsLn 1h$186K
Other incomeLn 4–11$68K
Investment incomeLn 3$39K
Money outPt IX
$979K
Ln 25
Programscol B$972K
Managementcol C$7K
Owns and owesPt X
$703K
net assets · Ln 32
Cash and savingsLn 1–2$93K
Total assetsLn 16$703K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$186K
Investment incomeLn 3$39K
Other incomeLn 4–11$68K
Gains on assetsLn 7$29K
Total revenueLn 12$293K
Assets in detailPt X, end of year
CashLn 1$93K
SavingsLn 2$74
Cash and savings togetherLn 1–2$93K
InvestmentsLn 11–13$610K
Total assetsLn 16$703K
LiabilitiesLn 26$0
Net assetsLn 32$703K
OperationsPt I, VI
EmployeesI 50
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 FY22End FY22
Cash and savingsLn 1–2$86K$93K
InvestmentsLn 11–13$689K$610K
Total assetsLn 16$1.5M$703K
LiabilitiesLn 26$11K$0
Net assetsLn 32$1.5M$703K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$935K$935K
Grants to domestic individualsLn 2$37K$37K
Pay of current officers, directors and key staffLn 5$1K$1K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$1K$1K
InterestLn 20$38$38
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$578$108$470
Total functional expensesLn 25$979K$972K$7K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $290K$171K$119K$919K 990 PDF
FY2024 $339K$339K$177$774K 990 PDF
FY2023 $351K$324K$27K$755K 990 PDF
FY2022 Viewing $293K$979K−$686K$703K 990 PDF
FY2021 $334K$83K$251K$1.5M 990 PDF

More to add? 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 FY2022 990 (6 parts)
Part I · Summary $292,698 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $253,779$185,760
I-9 Program service revenue$0
I-10 Investment incomePrior year $25,987$39,320
I-11 Other revenuePrior year $54,351$67,618
I-12 Total revenuePrior year $334,117$292,698
I-13 Grants and similar amounts paidPrior year $68,865$971,820
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,500$1,125
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $12,906$6,242
I-18 Total expensesPrior year $83,271$979,187
I-19 Revenue less expensesPrior year $250,846−$686,489
Part VI · Governance 9 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $292,698 across 7 lines filed
VIII-1b Membership dues$6,750
VIII-1f All other contributions, gifts and grants$179,010
VIII-1h Total contributions, gifts and grants$185,760
VIII-3 Investment incomeRelated to mission $10,280$10,280
VIII-7 Net gain or loss on sales of assetsRelated to mission $29,040$29,040
VIII-8 Net income from fundraising events$67,618
VIII-12 Total revenueRelated to mission $39,320$292,698
Part IX · Statement of functional expenses $979,187 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $935,070$935,070
IX-2 Grants to domestic individualsPrograms $36,750$36,750
IX-5 Pay of current officers, directors and key staffManagement $1,125$1,125
IX-11c Accounting feesManagement $3,327$3,327
IX-11g Other fees for servicesManagement $1,200$1,200
IX-20 InterestManagement $38$38
IX-23 InsuranceManagement $1,099$1,099
IX-24 Other expenses (24a–d)Programs $108 · Management $470$578
IX-25 Total functional expensesPrograms $971,928 · Management $7,259 · Fundraising $0$979,187
Part X · Balance sheet $702,687 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $74,471$92,776
X-2 Savings and temporary cash investmentsStart of year $11,493$74
X-12 Other securitiesStart of year $688,882$609,837
X-16 Total assetsStart of year $1,518,960$702,687
X-26 Total liabilitiesStart of year $11,419$0
X-32 Total net assets or fund balancesStart of year $1,507,541$702,687
X-33 Total liabilities and net assetsStart of year $1,518,960$702,687
Part XI · Reconciliation of net assets $702,687 net assets at year end
XI-1 Total revenue$292,698
XI-2 Total expenses$979,187
XI-3 Revenue less expenses−$686,489
XI-4 Net assets at start of year$1,507,541
XI-5 Net unrealized gains (losses) on investments−$118,365
XI-10 Net assets at end of year$702,687

Form 990 e-file (XML) FY2022 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.

Your org? Add context

Made it to the end? Claim this org

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.