McClelland Tb FY2021 filing

Tax-deductible

Chicago, IL501(c)(3)Since 1980EIN 59-2133612Revenue $292K in FY2021

On file with the IRSPo Box 803878, 60680-3878 · Chicago, ILTax-exempt since May 1982Supporting organization — 509(a)(3)

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Support the rotary foundation of miami, FL to accomplish charitable, scientific, educational and literary purposes which are within the objectives of the civic club known as rotary club of miami.

501(c)(3) charity; gifts are tax-deductible.
61¢ of each $1 spent went to programs.
$69K 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

FY2021 · 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
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $64K a year · 16% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$69K
to officers and key staff · 36% of spending
Concern: pay to officers and key staff is 36% of spending; over 30%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 9.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$292K
Spent
$193K
To programs
61%
Net assets
$4.5M
By yearFY2021–FY2026
Revenue
$292K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$292K
FY2022$422K
FY2023$239K
FY2024$241K
FY2025$406K
FY2026$733K
Expenses
$193K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$193K
FY2022$392K
FY2023$333K
FY2024$316K
FY2025$334K
FY2026$382K
Net assets
$4.5M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$4.5M
FY2022$4.5M
FY2023$4.4M
FY2024$4.3M
FY2025$4.4M
FY2026$4.8M

From the FY2021 Form 990 (year ending January 2021) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in May 1982.

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

Where the money goes

61 cents of each dollar spent went to programs.

Program services 61% · $118K Management & general 39% · $75K

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

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Who runs it and what they're paid

8 people listed on the 990; $69K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$52,273Pt VII · Sec A
$16,500Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2026FY2025FY2024FY2023FY2022FY2021
Northern Trust Company$54,237$54,379$51,181$55,394$60,926$52,273
Rotary Club of Miami$18,000$18,000$18,000$18,000$18,000$16,500

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.

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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

Supports Rotary Club of Miami's charitable, scientific, educational, and literary projects.

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Provided by the organization

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3 programs · $97K · in their own filed words · FY2020
01

Florida international university college of medicine

$57Kprogram expense
02

University of miami

$32Kprogram expense
03

Morehouse school of medicine

$8Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 23 grants · $1.2M · 2020–2025
See all 23 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$292K
Ln 12
Investment incomeLn 3$259K
Gifts and grantsLn 1h$33K
Money outPt IX
$193K
Ln 25
Programscol B$118K
Managementcol C$75K
Owns and owesPt X
$4.5M
net assets · Ln 32
Cash and savingsLn 1–2$153K
Total assetsLn 16$4.5M
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$33K
Investment incomeLn 3$259K
Gains on assetsLn 7$161K
Total revenueLn 12$292K
Assets in detailPt X, end of year
SavingsLn 2$153K
Cash and savings togetherLn 1–2$153K
InvestmentsLn 11–13$4.3M
Total assetsLn 16$4.5M
LiabilitiesLn 26$0
Net assetsLn 32$4.5M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJanuary
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$165K$153K
InvestmentsLn 11–13$4.2M$4.3M
Total assetsLn 16$4.4M$4.5M
LiabilitiesLn 26$0$0
Net assetsLn 32$4.4M$4.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$118K$118K
Pay of current officers, directors and key staffLn 5$69K$69K
Accounting feesLn 11c$2K$2K
Conferences, conventions and meetingsLn 19$2K$2K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$193K$118K$75K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $733K$382K$351K$4.8M 990 PDF
FY2025 $406K$334K$72K$4.4M 990 PDF
FY2024 $241K$316K−$75K$4.3M 990 PDF
FY2023 $239K$333K−$94K$4.4M 990 PDF
FY2022 $422K$392K$30K$4.5M 990 PDF
FY2021 Viewing $292K$193K$98K$4.5M 990 PDF

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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 FY2021 990 (6 parts)
Part I · Summary $291,545 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,429$32,629
I-9 Program service revenue$0
I-10 Investment incomePrior year $92,282$258,916
I-11 Other revenue$0
I-12 Total revenuePrior year $100,711$291,545
I-13 Grants and similar amounts paidPrior year $194,000$118,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $49,059$68,773
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $24,572$6,528
I-18 Total expensesPrior year $267,631$193,301
I-19 Revenue less expensesPrior year −$166,920$98,244
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $291,545 across 5 lines filed
VIII-1f All other contributions, gifts and grants$32,629
VIII-1h Total contributions, gifts and grants$32,629
VIII-3 Investment incomeExcluded from tax $97,663$97,663
VIII-7 Net gain or loss on sales of assetsExcluded from tax $161,253$161,253
VIII-12 Total revenueExcluded from tax $258,916$291,545
Part IX · Statement of functional expenses $193,301 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $118,000$118,000
IX-5 Pay of current officers, directors and key staffManagement $68,773$68,773
IX-11c Accounting feesManagement $2,500$2,500
IX-19 Conferences, conventions and meetingsManagement $2,008$2,008
IX-24 Other expenses (24a–d)Management $2,020$2,020
IX-25 Total functional expensesPrograms $118,000 · Management $75,301 · Fundraising $0$193,301
Part X · Balance sheet $4,460,241 assets, 7 lines filed
X-2 Savings and temporary cash investmentsStart of year $164,601$152,575
X-11 Publicly traded securitiesStart of year $4,199,216$4,307,666
X-16 Total assetsStart of year $4,363,817$4,460,241
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $4,363,817$4,460,241
X-32 Total net assets or fund balancesStart of year $4,363,817$4,460,241
X-33 Total liabilities and net assetsStart of year $4,363,817$4,460,241
Part XI · Reconciliation of net assets $4,460,241 net assets at year end
XI-1 Total revenue$291,545
XI-2 Total expenses$193,301
XI-3 Revenue less expenses$98,244
XI-4 Net assets at start of year$4,363,817
XI-9 Other changes in net assets−$1,820
XI-10 Net assets at end of year$4,460,241

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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