Funding for philanthropic & community betterment projects

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$72K 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

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
0 of 6
filings with a surplus
Average deficit $57K a year · 84% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$72K
to officers and key staff · 49% of spending
Concern: pay to officers and key staff is 49% of spending; over 30%.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $410K in investments, Pt X · Ln 11–13
Fine: 0.9 months of spending in cash, plus $410K in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $9K
Fine: 1 funder names 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
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$64K
-17% vs prior year
Spent
$146K
To programs
75%
Net assets
$639K
By yearFY2020–FY2025
Revenue
$64K
FY2025▼ -17%
Tap a bar for its year
Revenue by fiscal year
FY2020$69K
FY2021$77K
FY2022$100K
FY2023$19K
FY2024$77K
FY2025$64K
Expenses
$146K
FY2025▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$71K
FY2021$123K
FY2022$116K
FY2023$134K
FY2024$155K
FY2025$146K
Net assets
$639K
FY2025▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020$863K
FY2021$951K
FY2022$799K
FY2023$754K
FY2024$708K
FY2025$639K

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

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1971.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $110K Management & general 25% · $36K

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

13 people listed on the 990; $72K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$72,327Pt VII · Sec A
$0Pt VII · Sec A
President Elect Nominee
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Assistant Treasurer
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Taylor Hughes$72,327$68,714$81,625$64,084$63,690

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 Memphis Rotary Foundation executive salaries →

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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

Funds projects that improve communities and support philanthropy.

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Provided by the organization

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3 programs · $110K · in their own filed words · FY2024
01

Advancement of rotary goals and ideals through exploration of community needs and service opportunities and development of new service projects.

$85Kprogram expense
02

Direct funding of philanthropic & community betterment organizations and projects mobile food pantries 9,684 rotary readers (books) 3,091 dorothy day house (homeless) 8,298 youth leadership 1,500

$23Kprogram expense
03

Large club conference held for rotary club leaders gross expenses 82,558 registration fees (80,900) expense 1,658

$2Kprogram 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 1 funder$9K
Grants paid · 6 grants · $57K · 2020–2024

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$64K
Ln 12
Investment incomeLn 3$35K
Gifts and grantsLn 1h$29K
Money outPt IX
$146K
Ln 25
Programscol B$110K
Managementcol C$36K
Owns and owesPt X
$639K
net assets · Ln 32
Cash and savingsLn 1–2$11K
Total assetsLn 16$639K
LiabilitiesLn 26$0
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$29K
Fundraising eventsLn 1c$11K
Investment incomeLn 3$35K
Gains on assetsLn 7$18K
Total revenueLn 12$64K
Assets in detailPt X, end of year
SavingsLn 2$11K
Cash and savings togetherLn 1–2$11K
InvestmentsLn 11–13$410K
Total assetsLn 16$639K
LiabilitiesLn 26$0
Net assetsLn 32$639K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
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 FY25End FY25
Cash and savingsLn 1–2$49K$11K
InvestmentsLn 11–13$498K$410K
Total assetsLn 16$708K$639K
LiabilitiesLn 26$0$0
Net assetsLn 32$708K$639K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8K$8K
Other salaries and wagesLn 7$75K$56K$19K$0
Other employee benefitsLn 9$5K$4K$1K$0
Payroll taxesLn 10$6K$4K$1K$0
Accounting feesLn 11c$650$0$650$0
Investment management feesLn 11f$2K$0$2K$0
Office expensesLn 13$5K$4K$1K$0
InsuranceLn 23$8K$6K$2K$0
Other expenses (24a–d)Ln 24$23K$21K$2K$0
All other expensesLn 24e$14K$7K$7K$0
Total functional expensesLn 25$146K$110K$36K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $64K$146K−$82K$639K 990 PDF
FY2024 $77K$155K−$78K$708K 990 PDF
FY2023 $19K$134K−$115K$754K 990 PDF
FY2022 $100K$116K−$17K$799K 990 PDF
FY2021 $77K$123K−$46K$951K 990 PDF
FY2020 $69K$71K−$1K$863K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $63,734 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $40,643$28,915
I-9 Program service revenue$0
I-10 Investment incomePrior year $27,869$35,341
I-11 Other revenuePrior year $8,610−$522
I-12 Total revenuePrior year $77,122$63,734
I-13 Grants and similar amounts paidPrior year $24,518$8,298
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $79,250$85,899
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $51,389$51,931
I-18 Total expensesPrior year $155,157$146,128
I-19 Revenue less expensesPrior year −$78,035−$82,394
Part VI · Governance 12 of 12 board members independent, 1 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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 $63,734 across 7 lines filed
VIII-1c Fundraising events$11,000
VIII-1f All other contributions, gifts and grants$28,915
VIII-1h Total contributions, gifts and grants$28,915
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $17,336$17,336
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $18,005$18,005
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax −$522−$522
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $34,819$63,734
Part IX · Statement of functional expenses $146,128 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $8,298$8,298
IX-7 Other salaries and wagesPrograms $56,250 · Management $18,750 · Fundraising $0$75,000
IX-9 Other employee benefitsPrograms $4,035 · Management $1,345 · Fundraising $0$5,380
IX-10 Payroll taxesPrograms $4,139 · Management $1,380 · Fundraising $0$5,519
IX-11c Accounting feesPrograms $0 · Management $650 · Fundraising $0$650
IX-11f Investment management feesPrograms $0 · Management $1,782 · Fundraising $0$1,782
IX-13 Office expensesPrograms $3,840 · Management $1,280 · Fundraising $0$5,120
IX-23 InsurancePrograms $5,654 · Management $1,884 · Fundraising $0$7,538
IX-24 Other expenses (24a–d)Programs $20,637 · Management $2,068 · Fundraising $0$22,705
IX-24e All other expensesPrograms $6,797 · Management $7,339 · Fundraising $0$14,136
IX-25 Total functional expensesPrograms $109,650 · Management $36,478 · Fundraising $0$146,128
Part X · Balance sheet $638,678 assets, 11 lines filed
Asset lines not itemized here account for $97,044; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $49,354$11,249
X-4 Accounts receivableStart of year $42,585$93,245
X-9 Prepaid expenses and deferred chargesStart of year $19,002$27,300
X-11 Publicly traded securitiesStart of year $487,522$398,231
X-12 Other securitiesStart of year $10,578$11,609
X-16 Total assetsStart of year $707,567$638,678
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $702,867$633,978
X-28 Net assets with donor restrictionsStart of year $4,700$4,700
X-32 Total net assets or fund balancesStart of year $707,567$638,678
X-33 Total liabilities and net assetsStart of year $707,567$638,678
Part XI · Reconciliation of net assets $638,678 net assets at year end
XI-1 Total revenue$63,734
XI-2 Total expenses$146,128
XI-3 Revenue less expenses−$82,394
XI-4 Net assets at start of year$707,567
XI-5 Net unrealized gains (losses) on investments$13,505
XI-10 Net assets at end of year$638,678

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

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