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

Lacey Rotary Foundation FY2020 filing

Tax-deductible

Lacey, WA501(c)(3)Since 1985 EIN 91-1333657Revenue $70K in FY2020Latest return filed Jul 23, 2026

On file with the IRSLacey, WATax-exempt since Jul 1986Publicly supported — 509(a)(2)

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

The Lacey Rotary Foundation enhances the club's ability to provide education scholarships and special civic projects for our local community. As a 501(c)(3) charitable organization, the Foundation expands the club's resources to serve the community at a higher level and allows the broad community to participate. Scholarships are awarded to local graduating high school students who exemplify the Rotary ideal of "service above self". Civic projects are selected by the Lacey Rotary club board of directors. The Foundation provides a number of opportunities for community participation via trusts, planned giving, annual member contributions and grants.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 91-1333657) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
51¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $77K a year · 42% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
51%
of spending
51% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
35.2 mo
of spending, in cash
Plus $1.8M in investments, Pt X · Ln 11–13
35.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $11K
3 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$98K
5% of total assets
Liabilities are 5% of assets.
Pt X · Ln 26
Independent board members
13
of 13 voting members
13 of 13 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$70K
Spent
$54K
To programs
51%
Net assets
$1.9M
By yearFY2020–FY2025
Revenue
$70K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$70K
FY2021$278K
FY2022$127K
FY2023$167K
FY2024$282K
FY2025$164K
Expenses
$54K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$54K
FY2021$145K
FY2022$124K
FY2023$110K
FY2024$102K
FY2025$92K
Net assets
$1.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.9M
FY2021$2.1M
FY2022$1.6M
FY2023$1.9M
FY2024$2.1M
FY2025$2.3M

From the FY2020 Form 990 · see the original

990 PDF Support Claim
You’re viewing the FY2020 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 Jul 1986.

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

Where the money goes

51 cents of each dollar spent went to programs.

Program services 51% · $28K Management & general 49% · $27K

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

Something off? Claim to add context

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Ken Fialkowski
Vice-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Chris Heck
Treasurer
$0Pt VII · Sec A
Ken Parsons
Club Representative
$0Pt VII · Sec A
John Masterson
Board Member
$0Pt VII · Sec A
Dave Spangler
Board Member
$0Pt VII · Sec A
Kathy Houston
Club Representative
$0Pt VII · Sec A
See Lacey Rotary Foundation executive salaries →

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 scholarships and funding for special civic projects.

Questions for Lacey Rotary Foundation

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

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

1 program · $28K · in their own filed words · FY2020
01

Scholarships are awarded to local graduating high school students who exemplify the rotary ideal of "service above self"

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 91-1333657) · Dispute this line
$28Kprogram 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
Donor Advised Charitable Giving INCFY2024$10K
Morgan Stanley Foundation INCFY2024$1K
Finninsula Foundation INCFY2024$200
Total grants receivedfrom 3 funders$11K
See all 3 funders →
Grants paid · 5 grants · $363K · 2020–2025
Unitemized GrantFY2025$57,550
Unitemized GrantFY2024$70,500
Unitemized GrantFY2022$95,000
Unitemized GrantFY2021$112,900
Unitemized GrantFY2020$27,500

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$70K
Ln 12
Investment incomeLn 3$56K
Gifts and grantsLn 1h$27K
Money outPt IX
$54K
Ln 25
Programscol B$28K
Managementcol C$27K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$159K
Total assetsLn 16$2.0M
LiabilitiesLn 26$98K
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$27K
Noncash giftsLn 1g$6K
Fundraising eventsLn 1c$20K
Investment incomeLn 3$56K
Gains on assetsLn 7$21K
Total revenueLn 12$70K
Assets in detailPt X, end of year
CashLn 1$53K
SavingsLn 2$105K
Cash and savings togetherLn 1–2$159K
InvestmentsLn 11–13$1.8M
Total assetsLn 16$2.0M
LiabilitiesLn 26$98K
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 630
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$158K$159K
InvestmentsLn 11–13$1.7M$1.8M
Total assetsLn 16$1.8M$2.0M
LiabilitiesLn 26$128K$98K
Net assetsLn 32$1.7M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$28K$28K
Accounting feesLn 11c$9K$9K
Investment management feesLn 11f$15K$15K
Office expensesLn 13$343$343
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$866$866
Total functional expensesLn 25$54K$28K$27K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jul 23, 2026 $164K$92K$72K$2.3M 990 PDF
FY2024Filed with the IRS May 8, 2025 $282K$102K$179K$2.1M 990 PDF
FY2023Filed with the IRS May 15, 2024 $167K$110K$57K$1.9M 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $127K$124K$3K$1.6M 990 PDF
FY2021Filed with the IRS May 11, 2022 $278K$145K$133K$2.1M 990 PDF
FY2020 ViewingFiled with the IRS Jul 2, 2021 $70K$54K$16K$1.9M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $70,101 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $34,461$26,635
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $39,032$55,904
I-11 Other revenuePrior year −$23,744−$12,438
I-12 Total revenuePrior year $49,749$70,101
I-13 Grants and similar amounts paidPrior year $70,000$27,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $26,050$26,557
I-18 Total expensesPrior year $96,050$54,057
I-19 Revenue less expensesPrior year −$46,301$16,044
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
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 $70,101 across 8 lines filed
VIII-1c Fundraising events$20,200
VIII-1f All other contributions, gifts and grants$6,435
VIII-1g Noncash contributions (included above)$6,435
VIII-1h Total contributions, gifts and grants$26,635
VIII-3 Investment incomeExcluded from tax $34,850$34,850
VIII-7 Net gain or loss on sales of assetsExcluded from tax $21,054$21,054
VIII-8 Net income from fundraising eventsExcluded from tax −$12,438−$12,438
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $43,466$70,101
Part IX · Statement of functional expenses $54,057 across 6 lines filed
IX-2 Grants to domestic individualsPrograms $27,500$27,500
IX-11c Accounting feesManagement $8,534$8,534
IX-11f Investment management feesManagement $14,961$14,961
IX-13 Office expensesManagement $343$343
IX-23 InsuranceManagement $1,853$1,853
IX-24 Other expenses (24a–d)Management $866$866
IX-25 Total functional expensesPrograms $27,500 · Management $26,557 · Fundraising $0$54,057
Part X · Balance sheet $1,964,595 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $62,032$53,145
X-2 Savings and temporary cash investmentsStart of year $95,632$105,414
X-11 Publicly traded securitiesStart of year $1,661,615$1,806,036
X-16 Total assetsStart of year $1,819,279$1,964,595
X-18 Grants payableStart of year $127,500$97,500
X-26 Total liabilitiesStart of year $127,500$97,500
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $1,691,779$1,867,095
X-32 Total net assets or fund balancesStart of year $1,691,779$1,867,095
X-33 Total liabilities and net assetsStart of year $1,819,279$1,964,595
Part XI · Reconciliation of net assets $1,867,095 net assets at year end
XI-1 Total revenue$70,101
XI-2 Total expenses$54,057
XI-3 Revenue less expenses$16,044
XI-4 Net assets at start of year$1,691,779
XI-5 Net unrealized gains (losses) on investments$159,272
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,867,095

Form 990 e-file (XML) FY2020 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.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.